Feld Thoughts

SEPTEMBER 27, 2011

In this case, the convertible debt document doesn’t allow the debt to convert into anything, but at the same time mandates that upon a sale the debt must be paid off. So the lenders don’t see any of the upside on the acquisition. Our strong advice is to address how the debt will be handled in an acquisition in the documents.

Conversion 96

Conversion Sales Later Stage Preferred Stock 96

Feld Thoughts

JANUARY 29, 2015

For a short time I was connected into GE via their acquisition of AmeriData (I still have my GE business card with the “ meatball logo ” on it.) I’m not talking about a sales situation – separate that out – but rather a long-term business partnership, joint development, or technology partnership.

Venture Capital 70

Venture Capital Reputation Affiliate Conversion 70

Feld Thoughts

JUNE 23, 2010

In their travels they had a few inquires for an acquisition of the company, but really only wanted to sell the RedLaser product, not the entire company. Given this sale, I expect Occipital is now a long way from ever raising outside capital. Tags: Uncategorized acquisition Boulder iphone occipital redlaser TechStars.

Bootstrapping 131

Bootstrapping Acquisition eCommerce Valuation 131

Feld Thoughts

JANUARY 11, 2021

It took a while for me and my partner Dave Jilk to decide to do it, but we closed the sale in November 1993. He told me that Cable & Wireless wasn’t moving forward with the acquisition of Interliant – the deal was all but done. Len and I ended up working together on many things over the past 27 years.

SEC 164

SEC Cofounder Boston New York 164

Feld Thoughts

JANUARY 25, 2015

Sure, every now and then something magical happens (very high price point, very low cost of customer acquisition, zero churn), but that’s a serious edge case. You decide you need to add a direct sales force to augment the self-service / low-touch sales model you’ve been using. Yup – that’ll be more money.

Finance 70

Finance Bootstrapping Acquisition Revenue 70

Feld Thoughts

FEBRUARY 18, 2015

I thought it was a great description and encourage every entrepreneur who has never been through the sale of a company to read it. Entrepreneurship feld technologies m&a sale' Several years ago, Alex Iskold wrote a great overview of What It Is Like To Sell Your First Company.

Balance Sheet 70

Balance Sheet NDA Boston Stock 70

Feld Thoughts

FEBRUARY 9, 2016

I suffered through the next financing after implementing a complex structure, or a sale of the company, or a liquidation. They are almost always written in a way that doesn’t really hold up, creates misalignment, or is a negotiating anchor in an acquisition situation.

Cap Table 70

Cap Table Down Round Liquidation Preference Founder 70