K9 Ventures

OCTOBER 10, 2017

It is what Seed used to be from 2009-2013, until the Seed rounds got fat and bloated and the bar for raising a Seed round became a lot higher. The first time I used the words “pre-seed” (yes, the initial use was in all lower-case, but then became upper-case over time) was on June 27, 2013, at the K9 Ventures LP Meeting.

Seed Stage 82

Seed Stage Finance Later Stage Equity 82

Hunter Walker

MAY 18, 2015

In cases of a new fund, like Homebrew in 2013, what does Irvine evaluate? Similarly, a GP might be in the middle of great flow, but we need to have conviction that they can identify the right deals, structure creatively, and negotiate effectively. Emerging managers do not have track records, established franchises or teams.

LP 48

LP Portfolio Early Stage Institutional Investors 48

Tim Keane

AUGUST 20, 2009

Ask any of us who've experienced significant down rounds based on some or all of these things, and one begins to understand the cautionary nature of deal structures.  When there is the prospect of future rounds, sometimes evidenced by misses in the past, deal structures become more caution-driven. April 2013.

Milwaukee 60

Milwaukee Bootstrapping Cram Down Deal Structure 60