Remove Cofounder Remove Dilution Remove Equity Remove Syndication
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Flexible VC, a New Model for Companies Targeting Profitability

David Teten

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. From RBI, Flexible VCs borrow the ability to reap meaningful returns without demanding founders build for an exit. From traditional equity VC, Flexible VC borrows the option to pursue and reap the rewards of an outsized exit. Of the Inc.

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What Is Venture Debt and How Should Startups Use It?

View from Seed

What is it, and how should founders think about it? Glen Mello: Venture debt is a good complement to equity. It’s generally got a lower cost compared to equity capital and can help support growth. So it makes it a lot more challenging when you have debt on the books that isn’t as longer term as equity.

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The Rise & Fall of Great Venture Firms [Part 1] ? AGILEVC

Agile VC

in equity & loans which was ultimately worth >170x ($355M) when DEC went public about a decade later. Some disgruntled younger partners left in the mid-90s… two co-founded Benchmark Capital (Bruce Dunlevie & Andy Rachleff). Big success was Digital Equipment Corporation (DEC), in which ARD invested about $2.1M

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The Silliness Of Recapping Seed Rounds

Feld Thoughts

Assuming equity is raised at or above that cap, the total dilution, before the new money, is 16.6% (equivalent to an equity financing of $1m at a $6m post money valuation. The new money comes in at a pre-money valuation of $100, but includes a complete refresh of founder equity to 40% of the company.

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What Are Pre-Seed Rounds and Why Do They Exist?

View from Seed

Just yesterday, for instance, we saw a company raising a seed round that has no product and two founders … and we also saw a company raising a seed with hundreds of thousands of dollars of monthly revenue. technical co-founder). These tend to be cases where founders are proven. FWIW, that is not how we operate.).

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Texas Startup Manifesto 2.0

Austin Startup

It seems like every day there is a new headline about an exceptional startup founder, investor, or corporate headquarters moving to Texas. The Innovation Center at Houston’s TMC (TMCx), co-located with Johnson and Johnson’s J-Labs, and the Center for Medical Device Innovation, drive medical innovation. Joe Lonsdale. Drew Houston.

Texas 90
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ProfessorVC: How much is enough?

Professor VC

Since the iControl system chronicles all meetings, I was able to find the automatic picture snapped from my first meeting with the founders, Reza Raji and Chris Stevens on April 22, 2004. But of course, the model had us requiring only $10M equity to breakeven and to achieve $185M in revenues in 2008 (the magic Year 5 in all business plans).