VC Adventure

AUGUST 15, 2018

Back in the olden days of venture capital, company boards had wide discretion in pricing company options. However the board could determine what that fair market value was and, generally speaking, there wasn’t a practical way that these valuations could be challenged. Quick note: I’m not your lawyer.

Valuation 48

Valuation Common Stock Cap Table Software Review 48

Steve Blank

APRIL 11, 2018

And why funding from families and friends is a dominant source of financing for early-stage ventures (because friends and family know an entrepreneur’s ability better than any resume can convey). tax rate for individuals making over $100,000 was 70% and 90% (taxes on capital gains fluctuated between 20% and 25%.)

Entrepreneur 336

Entrepreneur Business Model Capital Gains Aggregator 336

www.seriesseed.com

MARCH 2, 2010

  In my opinion, the reason that capped convertible debt is the current market leader is that entrepreneurs have been conditioned over time to believe that convertible debt is (a) faster (b) cheaper and (c) better for them than equity investment.  Why use Series Seed Documents instead of capped convertible debt? 

Finance 58

Finance Term Sheet Equity Aggregator 58

K9 Ventures

OCTOBER 10, 2017

You see, Dan knows more about venture than most people; and if Dan isn’t aware that “pre-seed is a thing,” then I haven’t done a good enough job of explaining to the world what I and K9 do! Typically, Pre-Seed rounds are less than $1M in aggregate capital raised. Q: What amount of financing is considered Pre-Seed?

Seed Stage 82

Seed Stage Finance Later Stage Equity 82