Altgate

DECEMBER 18, 2008

@altgate Startups, Venture Capital & Everything In Between Skip to content Home Furqan Nazeeri (fn@altgate.com) ← Holiday Cards Year End Management Changes → The 3X Liquidation Preference Is Back! Let’s recap how expensive a 3x liquidation preference really is. Bookmark the permalink.

Liquidation Preference 31

Liquidation Preference Venture Capital Post-Money Valuation Participating Preferred 31

Altgate

OCTOBER 8, 2009

Raising Capital: 5 Reasons Convertible Debt Sucks HOT The Collapse of the VC Ecosystem & What It Will Look Like Post Recovery 10 Tips On Negotiating With VCs Dating…er…Fundraising Etiquette The Science & Art of Term Sheet Negotiation HOT How Liquidation Preferences Work HOT How Much Money Should I Raise?

Term Sheet 39

Term Sheet Technical Review Michigan Liquidation Preference 39

Feld Thoughts

FEBRUARY 9, 2016

Mark Suster wrote a great post yesterday titled The Resetting of the Startup Industry. But, more importantly, is another point Mark buries later on, which includes an awesome post of his from 2010. I suffered through the next financing after implementing a complex structure, or a sale of the company, or a liquidation.

Cap Table 70

Cap Table Down Round Liquidation Preference Founder 70

Altgate

JANUARY 5, 2009

@altgate Startups, Venture Capital & Everything In Between Skip to content Home Furqan Nazeeri (fn@altgate.com) ← Layoffs In Venture Capital Be Glad You Are An Entrepreneur! Tips: $75 Killver VC Pitch Deck Not much to learn here. That’s actually about what I would have guessed had I not seen the Google Analytics numbers.

Technical Review 28

Technical Review Due Diligence Term Sheet Liquidation Preference 28

Startup Company Lawyer

MARCH 14, 2010

In addition, I think that a “peace treaty&# between early-stage investors and startup companies on standard terms (at least at a term sheet level) is a step in the right direction. The primary rights in these documents, ranked in order of importance in my opinion are: Non-participating preferred liquidation preference.

Finance 70

Finance Software Review Term Sheet Liquidation Preference 70

Scott Edward Walker

APRIL 22, 2012

Part 3 will cover certain special issues, such as (i) what happens if the startup is acquired prior to the note’s conversion to equity? In the Fenwick Survey, the percentage of convertible note seed financings that included a discount which increased over time was 25% in 2010 and 5% in 2011. What is a Conversion Valuation Cap?

Pre-Money Valuation 72

Pre-Money Valuation Finance Liquidation Preference Founder 72

genylabs.typepad.com

SEPTEMBER 24, 2011

2010 Top 10 Small Business Trends. Planning, Startups, Stories. December 2010. where your stock sits in the liquidity preference stack. what rights and preferences the founders and the other investors have. SF Chronicle: Ultralight startups: little capital, just computer. Disclosure Policy.

Equity 40

Equity Technical Review San Jose Stock 40

Altgate

DECEMBER 16, 2010

@altgate Startups, Venture Capital & Everything In Between Skip to content Home Furqan Nazeeri (fn@altgate.com) ← More on Liquidation Preferences Happy Holidays → Where Do Tech VCs Invest? The data set is about 1,200 rounds of financing for US tech companies that completed the 2010 CompStudy survey.

Liquidation Preference 59

Liquidation Preference Early Stage Venture Capital Later Stage 59

www.mattbartus.com

DECEMBER 9, 2012

Perspectives on issues affecting founders, startups and investors from a veteran startup lawyer in Silicon Valley. Matt Bartus — February 9, 2010. I totally agree that startups should absolutely try to negotiate as best as they possibly can with investors. Home About Matt Client references Contact. Matt Bartus.

Warrant 40

Warrant Valuation Pre-Money Valuation Term Sheet 40

Altgate

DECEMBER 17, 2008

@altgate Startups, Venture Capital & Everything In Between Skip to content Home Furqan Nazeeri (fn@altgate.com) ← Geek Quotes The 3X Liquidation Preference Is Back! ← Geek Quotes The 3X Liquidation Preference Is Back! Who knows why…maybe the companies have better stuff to work on.

Liquidation Preference 34

Liquidation Preference Venture Capital Startup 34

thestartuplawyer.com

FEBRUARY 24, 2010

Contact The Startup Lawyer: Home Page About Contact FAQs Glossary Ryan Roberts Law: Home Page Social Networks: Facebook Twitter LinkedIn Flickr Delicious Digg Last.FM He obviously never launched a startup and got shafted by a co-founder. He obviously never launched a startup and got shafted by a co-founder.

Cofounder 40

Cofounder Founder Preferred Stock Startup 40

Both Sides of the Table

SEPTEMBER 2, 2009

We could do more in 2010 with more VC investment; the doubling assumes only ratable increase in marketing spend to achieve profitability. I took money with a 3x participating preferred liquidation preference with 8% compounded interest annually. But more spend = more viral opps = more revenue down the road.

Founder 329

Founder Liquidation Preference Term Sheet Participating Preferred 329

Altgate

DECEMBER 18, 2008

@altgate Startups, Venture Capital & Everything In Between Skip to content Home Furqan Nazeeri (fn@altgate.com) ← The 3X Liquidation Preference Is Back! Share and Enjoy: This entry was posted in Management , Startups and tagged board , CEO , founder , startup , succession. Bookmark the permalink.

Liquidation Preference 28

Liquidation Preference Management Venture Capital Founder 28

K9 Ventures

MARCH 23, 2011

With some of the recent high cap notes that we have seen in 2010 and 2011, I predict that the mis-alignment of incentives will still be an issue in cases where those caps don’t kick in. It is in essence equivalent to being a Liquidation Preference that is typically seen in a preferred equity financing.

Pre-Money Valuation 132

Pre-Money Valuation Valuation Equity Liquidation Preference 132

Altgate

MARCH 17, 2009

@altgate Startups, Venture Capital & Everything In Between Skip to content Home Furqan Nazeeri (fn@altgate.com) ← Global Nuances of Startup Compensation Obama Shoots Down 90% Tax Bracket → Popular Posts Posted on March 17, 2009 by fnazeeri Once again, here is a list of some of the more popular posts on this blog.

Term Sheet 28

Term Sheet Due Diligence Liquidation Preference Dividend 28

dondodge.typepad.com

JANUARY 15, 2011

Obviously every situation, startup, and market [Read More] Tracked on August 13, 2007 at 06:12 PM » Your Piece of the Pie from The Post Money Value Ive seen a few prickly (aka rude) comments regarding Don Dodges recent column on equity, sharing, etc. Most startups fail. it Founder conundrum. How will my equity numbers look?

Equity 40

Equity Employee Dilution Valuation 40

Startup Company Lawyer

JANUARY 9, 2011

I started writing this post in September 2010, but only got around to finishing it.). Convertible debt with a price cap seems to be the preferred structure for early-stage financings. Paul Graham has sparked some discussion on the topic in August 2010 when he tweeted “Convertible notes have won.

Liquidation Preference 57

Liquidation Preference Finance Preferred Stock Common Stock 57

Life Beyond Code

SEPTEMBER 27, 2011

Through the spring of 2010, we released four volumes of EJ books and continued to experiment with the roundtables, which became increasingly popular. Meanwhile, in January 2010 my New Year’s resolution was published. By April 2010, the One Million by One Million (1M/1M) global initiative had been formally named.

Programming 116

Programming Silicon Valley Bootstrapping Technical Review 116