Both Sides of the Table

SEPTEMBER 18, 2014

On the phone … Me: So, you raised venture capital? But founders these days seem strangely unfocused on finance and on terms that could hurt them even though we fought to the death about these same terms 10 years ago. These are all real conversations. What if when you have that conversation you don’t agree?

Venture Capital 417

Venture Capital Liquidation Preference Valuation Term Sheet 417

Both Sides of the Table

JUNE 27, 2021

We’ve had two companies where we had to bridge finance them several times before they eventually IPO’d We had a portfolio company turn-down a $350 million acquisition because they wanted at least $400 million. Early-stage venture capital is about extreme winners. It sold to Amazon for > $1 billion.

Bankruptcy 294

Bankruptcy Bridge Financing Portfolio Angel Investor 294

Both Sides of the Table

MAY 15, 2010

Next Wednesday we’ll have Dana Settle of Greycroft Partners, a New York / LA early-stage venture capital fund. Often times when companies raise “bridge” financing (this is money from internal investors. We spoke briefly about why. Short answer: no. Advertising clients include: Sony, Microsoft, NBC, and Clicker.

Stealth 285

Stealth SEC Advertising Accredited Investor 285

Gust

SEPTEMBER 17, 2014

Me: So, you raised venture capital? But founders these days seem strangely unfocused on finance and on terms that could hurt them even though we fought to the death about these same terms 10 years ago. These are all real conversations. What if when you have that conversation you don’t agree? On the phone ….

Liquidation Preference 153

Liquidation Preference Valuation Term Sheet Stock 153