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Startups and VCs Should Avoid “Pier” Funding

Both Sides of the Table

VC’s money comes from mostly institutional investors called LPs (limited partners). They trust the judgment of the VCs to source, finance, help manage and then create some sort of exit for the investments that they make. They might not replace an engineer or two that quits.

Startup 290
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This Week in VC Episode 6 with @Jason Calacanis: Best One Yet

Both Sides of the Table

Next Wednesday we’ll have Dana Settle of Greycroft Partners, a New York / LA early-stage venture capital fund. Often times when companies raise “bridgefinancing (this is money from internal investors. I think this episode is worth watching ( video is here ) but as always I’ll try to summarize for anybody short on time.

Stealth 285
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The Option Pool Shuffle

venturehacks.com

Lead Engineer 0.5 – 1 5+ years experience Engineer 0.33 – 0.66 Manager or Junior Engineer 0.2 – 0.33 Given that many companies are doing convertible note bridge financings as their seed round, this seems to come up relatively often. Typical disclaimers about legal advice apply to this comment.