Genuine VC

JULY 9, 2013

Recently, we surveyed our Boston-based NextView portfolio Founder/CEOs asking them about which service provider firms they’ve been using. When we took the poll itself, one founder said: “This is a great idea. We would have loved to have it when we were getting started.”

Early Stage 246

Early Stage Boston Portfolio Silicon Valley 246

David Teten

SEPTEMBER 23, 2017

In venture capital in particular, early-stage companies are often operating in frontier industries, where the rules are unpredictable and conventional analytic frameworks may be misleading. Signal is a fundraising tool for founders run by NFX Guild, which identifies the most relevant VCs for you. . Pitchbot.vc

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

www.entrepreneur.com

SEPTEMBER 22, 2011

When you're getting started, sweat equity is often a critical component of your negotiating leverage with co-founders, early stage employees and others who aren't paid market wages to help you grow your business. Sweat equity is just one component of early-stage valuation.

Sweat Equity 55

Sweat Equity Equity Fractional CTO CTO 55

View from Seed

APRIL 30, 2015

What is it, and how should founders think about it? note: We’d like to be extra clear that founders should not take on venture debt if they don’t have 100% visibility into repaying the loan, as banks that need to recoup their loan my force the company or you as the guarantor into liquidation or bankruptcy.

Term Sheet 120

Term Sheet Equity Startup Seed Stage 120

Berkonomics

JANUARY 7, 2021

Think of startups and early stage businesses whose entrepreneurs you know. Two: Co-management. Few entrepreneurs can do it alone, with subordinate hired help and no expert management to share the burdens, skill sets, and efforts involved in growing the enterprise. Reward for early risk. Three: Outside investors.

Liquidity Event 96

Liquidity Event Pre-Money Valuation Cofounder Initial Public Offering 96

Both Sides of the Table

JUNE 5, 2015

In the old days VCs funded off of a “pre-money” valuation. If you add the pre-money valuation (let’s say $8 million) to the amount of money you’re raising (let’s say $2 million) you get the post-money valuation. So how DOES a VC think about financings at early stages?

Pre-Money Valuation 150

Pre-Money Valuation Option Pool Post-Money Valuation Dilution 150

Austin Startup

DECEMBER 29, 2018

Since I first wrote about the Golden Age in 2014, valuations for tech companies have only increased?—?rather The teams are made up of founders who are dramatically younger. The teams are made up of founders who are dramatically younger. The good thing about young founders is that they don’t know what’s not possible, Wood said.

Cofounder 48

Cofounder Austin Technical Review Advisory Board 48

techcrunch.com

APRIL 26, 2013

In December, AngelList , a service that matches early-stage startups with investors, debuted the ability to allow accredited investors to actually invest in startups on the platform with as little as $1,000. Investors included Founders Fund, 500 Startups and Marc Cuban. → Learn More. Wednesday, April 24th, 2013.

SEC 61

SEC Accredited Investor San Diego New York City 61

YoungUpstarts

APRIL 18, 2019

by Chris Grey, co-founder and COO of CapLinked. So founders, listen up: Before envisioning your new company as the next headline-making unicorn, consider all the hard work — and luck — it takes to even reach profitability. That way, founders can set reasonable, attainable goals for their team and their company.

Cofounder 127

Cofounder Startup Private Equity Equity 127

View from Seed

FEBRUARY 19, 2015

This is a guest post from Rob May , a co-founder and CEO of Backupify , which raised $19.5M I called the recruiter running the search and told him I was going to step down and hire a CEO. So, in order to hire a CEO, we have to give someone their first shot at the job.” Hang out with other founders and CEOs.

Founder 120

Founder Startup Cofounder Business Model 120

VC Cafe

SEPTEMBER 26, 2022

The past year was a wild ride for startups and founders, giving a whole new meaning to the ”rollercoaster” aspect of being an entrepreneur. So in terms of hiring, get people that can help you build the product faster… anything that minimizes the time between observing a need or a problem, and the execution or the fix for it.”

Founder 187

Founder Startup Valuation Pre-Money Valuation 187

Steve Blank

MAY 13, 2010

But startups can shoot themselves in the foot when founders use consultants at the wrong time or in the wrong way. Customer Development is designed so that you the founder(s) gather first hand experience about customer and market needs. Founders get out of the building (physically or virtually) to test their hypotheses against reality.

Founder 199

Founder Cofounder Business Model Customer Development 199

Hunter Walker

APRIL 27, 2014

We brief our major investors quarterly and decided to model our LP meeting after what “big funds” do, albeit with a few Homebrew flourishes :) Logistically this meant an afternoon session with presentations/Q&A then a dinner with founders/advisors. Not just on valuation but also amount raised. We love our founders.

LP 97

LP Cofounder Term Sheet Valuation 97

Both Sides of the Table

APRIL 3, 2010

Second, more damning is the “signaling problem.&# This means that if a VC invests in your seed round and does not participate in a future round the next round investor will think to himself, “well, if Big VC Co. A very well known early stage fund used to have a rule that they didn’t do follow ons. is now a VC.

Venture Capital 265

Venture Capital Term Sheet Early Stage Silicon Valley 265

blog.nahurst.com

JULY 19, 2010

The graphic below balances the risks cofounders take with their relative contributions to help answer this question. This covers one of the most common situations I encounter: For a pre-funding web startup whose team includes only a non-technical cofounder, how much equity should an incoming technical cofounder get?

Technical Cofounder 43

Technical Cofounder Cofounder Equity Salary 43

David Teten

DECEMBER 3, 2019

To learn more about this space, I suggest join an online community I co-founded, PEVCTech. . Tim Friedman, Founder, PE Stack , said, “If I could offer one piece of advice to today’s managers, it would be to take the time to understand the demands of the modern institutional LP. The 11 Steps of Investing in Private Companies.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Berkonomics

AUGUST 27, 2015

He has served as advisor to and member of numerous financial exchanges, and was the founder and CEO of Arthur Lipper Corporation and co-founder and Chairman of New York & Foreign Securities Corporation. Today he serves as Chairman of British Far East Holdings Ltd.

Intellectual Property 48

Intellectual Property Balance Sheet Stock Options Valuation 48

Both Sides of the Table

OCTOBER 15, 2009

When you’re an early-stage startup that hasn’t raised any institutional money you end up doing almost every job function of the company yourself. I hired a senior exec from the building materials industry (we were a document collaboration company for the engineering & construction industry) who was also ex McKinsey.

Founder 299

Founder Technical Review Startup Venture Capital 299

venturehacks.com

SEPTEMBER 22, 2011

Offers from top-tier firms increase your valuation. In practice, you raise money or hire an employee because you need to, not because you want to. Say the equity equation tells you to pay a prospective hire above market. You should still pay the hire a market rate and save the company some equity. If no, she is a no hire.

Equity 40

Equity Cap Table Valuation RSS 40

Steve Blank

FEBRUARY 26, 2020

What most founders don’t realize is: Every stage of a startup requires a different set of metrics and milestones and founder skills. Knowing these will help a founder position her pitch to get investors’ attention. Founders need to keep their eye on the prize — not just the next funding round. Business Model.

Cofounder 429

Cofounder Seed Stage Valuation Metrics 429

Eric Friedman

AUGUST 18, 2021

Dan is the co-founder of Standard Treasury, a Y Combinator backed company. He is also co-founder and Managing Partner of Deciens Capital, an early stage investment fund. How do you get to that point if you have that kind of a view of the world, of founders, and of this space? On Sushi and VC.

Silicon Valley 88

Silicon Valley Venture Capital Cofounder Africa 88

YoungUpstarts

SEPTEMBER 11, 2013

By Alan Lobock, co-founder, Worthworm. Sometimes the list of challenges may feel never ending – from writing the business plan to finding the right partner – but one of the single most important challenges entrepreneurs face is calculating a realistic, defensible pre-money valuation. . What valuation methods did you use?

Pre-Money Valuation 133

Pre-Money Valuation Valuation Angel Investor Cofounder 133

Austin Startup

FEBRUARY 24, 2019

I discuss category creation with one of the co-authors of Play Bigger , Christopher Lochhead, in episode #232 of Legends and Losers if you would like to really delve into that (it is a very important topic). We just hired our first in-house recruiter, Lisa Novak, and she is leading our team in this regard. it isn’t easy.

Software Review 48

Software Review Sales Cofounder Analytics 48

www.paulgraham.com

OCTOBER 23, 2010

And since a startup thatsucceeds ordinarily makes its founders rich, that implies gettingrich is doable too. A lot ofwould-be startup founders think the key to the whole process is theinitial idea, and from that point all you have to do is execute.Venture capitalists know better. Ideally you want between two and four founders.

Startup 105

Startup Cofounder Software Stock 105

Reid Hoffman

JANUARY 19, 2021

With his usual awesome first principles focus, my friend Reed Hastings has articulated that the fundamental responsibility of the board is to hire, fire, and compensate the CEO. For example, I frequently tell people that hiring a CEO is an activity that usually has–at best–a.500 500 batting average for improving the company.

Startup 36

Startup Cofounder Advertising Hiring 36

www.readwriteweb.com

OCTOBER 18, 2010

Bokér/1 Next David Sarna with Hendon, Stamford Hill & Co. In 1M/1M, I teach the EJ Methodology which is based on my Entrepreneur Journeys research, and emphasize bootstrapping, idea validation, and crisp positioning as some of the core principles of building strong fundamentals in early stage ventures.

Marketing 52

Marketing Bootstrapping Incubator Angel Investor 52

www.readwriteweb.com

OCTOBER 18, 2010

Bokér/1 Next David Sarna with Hendon, Stamford Hill & Co. In 1M/1M, I teach the EJ Methodology which is based on my Entrepreneur Journeys research, and emphasize bootstrapping, idea validation, and crisp positioning as some of the core principles of building strong fundamentals in early stage ventures.

Marketing 52

Marketing Bootstrapping Incubator Angel Investor 52

reidhoffman.org

NOVEMBER 12, 2013

Friendster’s valuation set the tone for the entire social networking space. For early stage companies, it’s important to show that you’re on path, that you have prospects, and that you can get to your vision. Improving the quality of hires or increasing the speed of the hiring process saves professionals time and money.

Entrepreneur 111

Entrepreneur Revenue Viral Networking 111

www.currentlyobsessed.com

MAY 28, 2010

Valuation is an important aspect of VC deal terms, and a major determinant of your ultimate outcome. I unexpectedly found that it was more helpful to think about the company valuation as an output variable in the fund-raising equation. It hardly deserves any attention at all in the early stages. Or is it?

Valuation 42

Valuation Channel Pre-Money Valuation Term Sheet 42

Seeing Both Sides

SEPTEMBER 15, 2015

This post was co-authored with Omri Stern and originally appeared in Harvard Business Review. Only a handful of so-called unicorns — companies that have achieved a valuation of over $1 billion in the last 10 years — come from Israel, and only one Israeli firm, Teva, ranks in the world’s 500 largest companies by market capitalization.

Cofounder 20

Cofounder Technical Review United States 20

Up and Running

SEPTEMBER 20, 2016

When I was seeking a co-founder for my startup, each time I’d dive deep into a discussion about commitment with potential partners, they’d bring up venture capitalists and fundraising. An early question among potential co-founders during these discussions was always “have you raised money yet?” Product development.

Early Stage 60

Early Stage Startup Forecast Channel 60

www.quora.com

JANUARY 16, 2011

Find Questions, Topics and People Add Question Add Question Team Configuration 500 Startups Guerilla Marketing Organizations Entrepreneurship Startup Founders & Entrepreneurs Startups Startup Incubators and Seed Programs Seedcamp Y Combinator TechStars Lean Startups What is the perfect startup team?

Technical Review 51

Technical Review Startup CTO Hire Cofounder 51

www.readwriteweb.com

FEBRUARY 23, 2010

3: Hire Your Boss : Make sure you hire people that you would want to work for, who challenge you and you can learn from. Stay involved in the hiring process as long as you possibly can. Advice for Startups Entering the Mobile Sector Inside the Mind of an Early Stage Venture Capitalist Need Startup Office Space?

Entrepreneur 69

Entrepreneur Venture Capital San Francisco New Zealand 69

Up and Running

DECEMBER 9, 2014

My founders and I started the company about three years ago. By freeing up your time it really helps you focus on more important tasks and this can be things ranging from improving the product quality to hiring a great team to rewarding your people to thinking more holistically about customer experience or understanding your competition.

Small Business 95

Small Business Finance Forecast Metrics 95

VC Cafe

MARCH 27, 2022

For founders reading this, hope its help you better understand how investors think and address it in your pitch. As an investor, it’s not always easy to assess the team at the very early stage, especially if they didn’t come from working in the space before. Metaverse goes beyond just virtual worlds and gaming.

Cofounder 179

Cofounder Venture Capital Equity 179

www.vccafe.com

MARCH 11, 2013

VC Cafe covers early stage Israeli and European tech & mobile startups. ” Hackernews list of “Tools of the Trade” for startups - includes over 150 SaaS tools used by startups, and over 150 comments with interesting insights from founders. find/hire freelancers. VWorker -Â find/hire freelancers.

Software Review 53

Software Review Technical Review Startup 53

pandodaily.com

NOVEMBER 29, 2012

There simply won’t be soft-landings and acqui-hires for all of them. Others have blamed the brutal hiring environment on everyone being able to start a company — whether they should or not — and argued that concentrating resources on fewer ideas would make the Valley a lot stronger. Now it’s glutted.

Technical Review 93

Technical Review Silicon Valley Incubator Syria 93