Agile VC

APRIL 17, 2011

Kayak was started here in my backyard of Boston… co-founder & CTO Paul English and the product/engineering team is based here in Concord MA. Co-founder & CEO Steve Hafner and the business team are based in Norwalk, CT. Kayak Software Corporation. Post-money valuation probably no higher than $12M (2).

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

Startup Company Lawyer

MARCH 14, 2010

Founders Institute Plain Preferred Term Sheet (by WSGR – disclaimer, I represent the Founders Institute and was involved in drafting this document). I also reviewed the TechStars documents last year and they are similar in concept to the Y Combinator documents as the chart below indicates.). under $500K). under $500K).

Finance 70

Finance Software Review Term Sheet Liquidation Preference 70

Steve Blank

OCTOBER 24, 2017

A version of this article is in the Harvard Business Review. Why do these founders get to stay around? Because the balance of power has dramatically shifted from investors to founders. VCs competing for unicorn investments have given founders control of the board. This seems to be occurring more and more.

Founder 253

Founder Technical Review CTO Hire IPO 253

venturehacks.com

MARCH 21, 2008

Advisor compensation Whether you’re hiring a normal advisor or super advisor: Advisory shares are usually issued as common stock options. Advisory shares are normal common stock. And that wouldn’t make any sense—our valuation already takes the investor’s value-add into account.&# Learn more.

Advisory Board 44

Advisory Board Cap Table Vesting Equity 44