Both Sides of the Table

JUNE 27, 2021

When you’ve been playing the game a bit longer or when you have responsibilities at the fund level you start thinking more about “portfolio construction.” So if you truly want to be great at investing you need all the right skills and access AND a diversified portfolio. You’re thinking about one bullet at a time.

Bankruptcy 294

Bankruptcy Bridge Financing Portfolio Angel Investor 294

Venture Chronicles

NOVEMBER 22, 2010

Is not leveraged and its portfolio companies may not borrow in connection with the fund’s investment. Offers to provide a significant degree of managerial assistance, or controls its portfolio companies. Bridge financing. Treasury securities with a remaining maturity of 60 days or less, or cash.

Venture Capital 49

Venture Capital SEC Redemption Bridge Financing 49

Professor VC

APRIL 7, 2011

In cases where it is truly a bridge financing (i.e. However, using portfolio theory, your losers are going to far outnumber your winners, so taking half or more of the gains out of the winners will have a big impact on the overall returns. Particularly, now that standard Series Seed docs are commonly used.

San Jose 36

San Jose Technical Review Angel Investor Valuation 36

The Startup Lawyer

FEBRUARY 4, 2011

Incubators aren’t non-profits, therefore in addition to asking for a low pre-money valuation, they may structure their investment in a way that helps to ensure a higher return across their portfolio. If not, the incubator is just a bridge financing to potentially nowhere for your startup. Conclusion.

Incubator 105

Incubator Pre-Money Valuation Option Pool Advisory Board 105