YoungUpstarts

FEBRUARY 6, 2017

Further down the financing path, VCs will ask for additional information, known as due diligence materials. If a VC offers you a term sheet, expect their lawyers to ask you for more information like capitalization tables, contracts, material agreements, employment agreements, and board meeting minutes.

Venture Capital 100

Venture Capital Term Sheet Technical Review Due Diligence 100

Up and Running

SEPTEMBER 10, 2014

According to the Angel Capital Association: Angels (private money) invest in 55,000 startups each year versus 1,500 companies by VC (venture capital) funding. Angels invest in one out of every forty deals they review (2.5%) versus the one out of 400 by VC’s (0.25%). Perhaps the library or a local tech company can host.

Angel Investor 159

Angel Investor Technical Review Software Review Accredited Investor 159

www.xconomy.com

JUNE 9, 2012

Tech Channels ▾ Cleantech ›. Innovation Report Shows San Diego Added 695 Tech Jobs at End of 2011. San Diego’s Free EvoNexus Tech Incubator Gains Qualcomm Expertise. XSITE 2012: The Xconomy Summit on Innovation, Technology & Entrepreneurship. New San Diego VC Firm Emerges as ‘The Moneyball of Venture Capital’.

San Diego 40

San Diego Venture Capital Technical Review San Francisco 40

Up and Running

JULY 2, 2014

My business partner and I made many mistakes in our first tech startup, and so many of them were the result of choosing a lawyer who was a terrible fit. After a couple of due diligence meetings with the investor and our attorneys, he gave us the check. We gladly handed it over to him as part of the due diligence process.

Technical Review 118

Technical Review Angel Investor Due Diligence Dilution 118

Pascal's View

JULY 9, 2017

Andrew Krowne and I recently co-wrote an article in Tech Crunch , Why SAFE Notes Are Not Safe for Entrepreneurs. The easiest way to do so is via SAFE notes, due to their simplicity, “available online” documentation, no major covenants established to protect the investors, no governance implications at the board level, etc.

Post-Money Valuation 49

Post-Money Valuation Valuation Cap Table Covenant 49

www.mattbartus.com

SEPTEMBER 24, 2011

I can tell you that, among other problems, any uncertainty in the capitalization table when the company is acquired will be resolved squarely and unequivocally in favor of the buyer. Common-yet-sticky situations are everywhere, and no VC and few attorney bloggers (but you, apparently) gives them the due attention they deserve.

Equity 40

Equity Vesting Silicon Valley Intellectual Property 40

abovethecrowd.com

APRIL 20, 2016

In late 2015, many public technology companies saw a significant retrenchment in their share prices primarily as a result of a reduction in valuation multiples. About this same point in time, the journalists that focus specifically on the venture capital industry noted something quite profound. 2015 was the exact opposite.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40