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The BSList - Busted Cap Table (No. 104)

This is going to be BIG.

There’s a term sheet. And then, even when they have, they still remain “interested” should Sequoia decide to throw down a term sheet.) At 43, I’m pretty darn proud of that and you might think that’s pretty fast—but if I equate that into startup terms, no one would fund me at that pace. was a term sheet.

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Signed Term Sheet

ithacaVC

We (Cayuga Venture Fund) just signed up a term sheet with a new company (Company X). Rather I want to briefly comment on the process leading up to the term sheet and next steps. Without having a complete pre-money cap table, it is impossible to calculate a share price. First, the process: 1.

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Startup 101: What goes in a startup data room

VC Cafe

A well-organised data room can play a crucial role in making the process more efficient, and get the money quicker into the startup’s bank account. The post Startup 101: What goes in a startup data room appeared first on VC Cafe. SAFE note), shareholder agreements, company formation and governance documents (e.g.

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How Much Information Should you Give VCs for Due Diligence?

Both Sides of the Table

They want to see your cap table, your legal documents, your major contracts, your full financial model, etc. There is no reason to part with your cap table or legal docs until you’re convinced that they’re actually committed to doing work with you in due diligence. In my opinion that is totally old school.

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Want to Know How VC’s Calculate Valuation Differently from Founders?

Both Sides of the Table

Back in 1999 when I first raised venture capital I had zero knowledge of what a fair term sheet looked like or how to value my company. Due to competitive markets we ended up with a pretty good term sheet until we needed to raise money in April 2001 and then we got completely screwed. No hidden terms.

Valuation 405
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5 Tips for Raising a Venture Round

ReadWriteStart

While certainly not every business needs to raise venture financing, it is the path for many high-growth technology startups. As Steve Blank explained earlier this week on ReadWriteStart from research at The Startup Genome Project : One of the biggest surprises is that success isn't about size of team or funding.

Cap Table 125
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Flexible VC, a New Model for Companies Targeting Profitability

David Teten

More and more startups are pursuing Revenue-Based VCs , but “RBI” doesn’t fit everyone. Womble Bond Dickinson has released a white paper on Performance Aligned Stock and a term sheet on ImpactTerms.org. . (If Low; a surprising number of Series A/B startups are missing basic financial reporting mechanisms. Of the Inc.