View from Seed

MARCH 24, 2021

So, we decided to aggregate NextView’s “greatest hits.” Taking Corporate Venture Money: When it Makes Sense “PayPal took on these investors in small part because it gave us an imprimatur in the stodgy and regulated world of financial services. ” (Lee Hower). This is not always easy to do.

Seed Stage 177

Seed Stage Hiring IPO Analytics 177

Agile VC

APRIL 17, 2011

Kayak was started here in my backyard of Boston… co-founder & CTO Paul English and the product/engineering team is based here in Concord MA. Co-founder & CEO Steve Hafner and the business team are based in Norwalk, CT. 2010 Operating Income: $16 million. Post-money valuation probably no higher than $12M (2).

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

ithacaVC

JANUARY 24, 2013

The X and Y are negotiated, with the Y typically being a date shortly before the convertible debt is all used up by the company in its operations. One interesting point that comes up a lot is how to factor the convertible debt into the premoney valuation of the Series A round. I am going to ignore any valuation cap feature.

Valuation 53

Valuation Balance Sheet Option Pool Dilution 53

betashop.com

OCTOBER 8, 2012

At Fab, our virtual product is our website & apps, our physical products are the merchandise we sell, and our experience product is our operations and service. When we pivoted from fabulis to Fab, we pivoted towards building a business around the unique tastemaker talents of one of our founders, Bradford Shellhammer.

Technical Review 108

Technical Review Technology Software Review Valuation 108