Both Sides of the Table

SEPTEMBER 29, 2013

If you track the venture capital industry it would be hard to miss the conversation going on this week over AngelList “Syndicates.” It’s hard to be a great lead investor . VCs take their time precisely for the reason Fred articulates – they play the role of “lead investor.”

Syndicate 356

Syndicate Syndication Cofounder Early Stage 356

ReadWriteStart

MAY 9, 2018

The company’s growth is largely thanks to its collaborators – Travelport, its first investor and incubator, lead investor 7 Gate Ventures, and Real Venture. It achieved a conversion rate of up to 4.48%, approximately twice as high as the next leading online travel agency (2.4%).

Widget 64

Widget France Canada Aggregator 64

Scott Edward Walker

JUNE 9, 2019

Pro rata rights are relatively standard and non-controversial; however, founders should try to limit such rights solely to “Major Investors” (which is typically defined to include only those investors that will own a substantial number of shares – e.g., a lead investor).

Preferred Stock 56

Preferred Stock Term Sheet Dilution Stock 56

Hippoland

JANUARY 4, 2017

Lawyers can charge as much as $10k-$30k (in the US) to draft and execute the legal docs for an equity round, and traditionally, founders are responsible for paying for this as well as investors’ legal costs! So, in the aggregate, it is possible that you may be required to pay as much as $30k-$50k to get an equity round done.

Convertible Security 48

Convertible Security Equity Security Silicon Valley 48

Startup Lessons Learned

JUNE 9, 2020

In the first part of our conversation, we talk about the chronology of what has happened to Airbnb, the impacts the pandemic has had on their business and the emergency measures the company was required to take. You can listen to our conversation on Apple podcasts , Google podcasts , or wherever you like to download. I am Eric Ries.

Silicon Valley 60

Silicon Valley Hosting Cofounder Employee 60