View from Seed

OCTOBER 21, 2014

For example, even once you’ve determined your initial pricing ask, the reality is that different seed investors have varying degrees of sensitivity to pricing. Angel investors can be the most wildly unpredictable about how they’ll react to differing valuation levels, for instance.

Valuation 336

Valuation Founder Seed Stage Angel Investor 336

Startup Professionals Musings

JANUARY 27, 2012

Entrepreneurs sometimes assume an initial agreement with an Angel is a commitment, so they start spending before any money is received. It’s true that Angel investors typically do not present entrepreneurs with overly complicated deal structures, especially when compared to venture capitalists.

Term Sheet 223

Term Sheet Pre-Money Valuation Due Diligence Post-Money Valuation 223

Startup Professionals Musings

SEPTEMBER 14, 2010

Entrepreneurs sometimes assume an initial agreement with an angel is a commitment, so they start spending before any money is received. It’s true that angel investors typically do not present entrepreneurs with overly complicated deal structures, especially when compared to venture capitalists.

Term Sheet 227

Term Sheet Pre-Money Valuation Due Diligence Post-Money Valuation 227

Berkonomics

MAY 15, 2014

After being an active angel investor for about fifteen years, I realized that many of the discussions I was involved in were virtually identical to ones I’d had many times before. As an example, twenty five years ago, most VCs used common share deal structures. By Basil Peters.

Term Sheet 91

Term Sheet Angel Groups Angel Investor Deal Structure 91

Gust

OCTOBER 17, 2011

Entrepreneurs sometimes assume an initial agreement with an angel is a commitment, so they start spending before any money is received. It’s true that angel investors typically do not present entrepreneurs with overly complicated deal structures, especially when compared to venture capitalists.

Term Sheet 158

Term Sheet Pre-Money Valuation Due Diligence Post-Money Valuation 158

Feld Thoughts

JANUARY 2, 2012

In the fall of 2010 Mahendra Ramsinghani reached out to me by email about a new book he was working on called The Business of Venture Capital: Insights from Leading Practitioners on the Art of Raising a Fund, Deal Structuring, Value Creation, and Exit Strategies. If you are an angel investor working with VCs, this book is for you.

Venture Capital 136

Venture Capital Exit Strategy Angel Investor Deal Structure 136

Genuine VC

JULY 30, 2012

Angels can be the most wildly unpredictable about how they’ll react to differing valuation levels. Probably the most price-sensitive seed investors I know are sophisticated individual angel investors. A good investor relationship is born out of fundamental mutual interest in the startup itself, not the deal structure.

Valuation 136

Valuation Pre-Money Valuation Angel Investor Syndicate 136