Both Sides of the Table

SEPTEMBER 18, 2014

On the phone … Me: So, you raised venture capital? It’s like we need a finance 101 course for entrepreneurs. There were no metrics. Him: On metrics. In finance they call it “terminal value” but the truth is the price is as arbitrary at your A round as it is at your seed round.

Venture Capital 417

Venture Capital Liquidation Preference Valuation Term Sheet 417

David Teten

AUGUST 19, 2019

I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. I believe that Revenue-Based Investing (“RBI”) VCs are on the forefront of what will become a major segment of the venture ecosystem. Village Capital: Alternative Investment Strategies to Drive Inclusive Innovation.

Revenue 60

Revenue Term Sheet Founder Technical Review 60

Gust

SEPTEMBER 17, 2014

Me: So, you raised venture capital? It’s like we need a finance 101 course for entrepreneurs. There were no metrics. Him: On metrics. In finance they call it “terminal value” but the truth is the price is as arbitrary at your A round as it is at your seed round. On the phone …. We raised a seed round.

Liquidation Preference 153

Liquidation Preference Valuation Term Sheet Stock 153