Both Sides of the Table

MAY 19, 2010

Greycroft is an early-stage VC. The “private sale” market phenomenon was started in France by Vente-Privee (literally means “private sale”) and was replicated in Germany by BrandsforFriends. If I were a number 3-5 players I’d be looking to exit early while there’s still a lot of enthusiasm for this hot market.

Partner 240

Partner New York City Cofounder Syndicate 240

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. I previously posted a detailed presentation with sales technology tools useful for B2B sales. Pitchbot.vc 3) Originate investments.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

www.entrepreneur.com

SEPTEMBER 22, 2011

Marketing Sales & Marketing Home Marketing Basics Sales Online Marketing Finding Customers Social Media Branding Social Media Does Your Companys Social Personality Need a Makeover? Sweat equity is just one component of early-stage valuation. Financing Some Jobs Act Proposals Make Headway.

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

Up and Running

SEPTEMBER 5, 2017

Her background includes senior roles in both the banking and tech sectors, and she has launched four data businesses—including her current firm, New Frontier Data , which boasts a $20 million valuation and has received $5 million in funding. According to Fortune , in 2006, female founders were involved in only 2.95

Venture Capital 82

Venture Capital Lean Cofounder Technical Review 82

Berkonomics

JANUARY 7, 2021

Think of startups and early stage businesses whose entrepreneurs you know. Two: Co-management. So, co-management is the second group to share in the bounty upon a liquidity event. The third group is made of the total number and types of investors, other than the founder(s). Reward for early risk.

Liquidity Event 96

Liquidity Event Pre-Money Valuation Cofounder Initial Public Offering 96

Austin Startup

JULY 22, 2021

Any software, hardware, or CPG startup in Texas with a female founder or co-founder can apply to participate. million in funding Houston’s GroupRaise is a marketplace that helps groups of 20–200 people make reservations at restaurants willing to donate a percentage of the sales back to a charitable cause. Female Founders!

San Antonio 107

San Antonio Dallas Houston Founder 107

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. with a $3 sale. → Learn More.

SEC 61

SEC Accredited Investor San Diego New York City 61

Gust

OCTOBER 20, 2011

In 2011, the valuation of pre-revenue, start-up companies is typically in the range of $1.5–$2.5 Diversification across industry sectors is not as easily achieved for angels as could be accomplished in public markets, but can be achieved by co-investing with trusted angel colleagues in a broader set of businesses.

Valuation 146

Valuation Pre-Money Valuation Intellectual Property Technical Review 146

mashable.com

OCTOBER 16, 2010

All of this is according to Paul Graham, co-founder of the early-stage investment fund Ycombinator. The result is that many venture capital firms are now making smaller angel investments in an attempt to get close with startup founders that are likely to raise bigger funding rounds later on.

Angel Investor 83

Angel Investor Venture Capital Social Media Technical Review 83

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 suspect that this seems reasonable if there is basically no due diligence due to the early stage of the companies. (By under $500K). Legal fees.

Finance 70

Finance Software Review Term Sheet Liquidation Preference 70

David Teten

DECEMBER 12, 2017

As a globally focused LP in early stage VC funds, we at Blue Future Partners have observed a growing trend of firms investing substantially in software tools, whether developing proprietary solutions or adopting off the shelf tools. But what tools are they using themselves to automate their own processes?

Early Stage 60

Early Stage Technical Review Software Review Venture Capital 60

Up and Running

JUNE 14, 2017

Early stage idea validation can be accomplished without building an application. Although Recycler Spotter was perceived as a great model for increasing awareness and sales, most partners decided to wait for the product launch. Recycler Spotter’s perceived value to partners wasn’t significant enough to justify early commitment.

Technical Review 96

Technical Review Distribution Redemption Demand 96

mashable.com

OCTOBER 16, 2010

All of this is according to Paul Graham, co-founder of the early-stage investment fund Ycombinator. The result is that many venture capital firms are now making smaller angel investments in an attempt to get close with startup founders that are likely to raise bigger funding rounds later on.

Angel Investor 84

Angel Investor Venture Capital Social Media Technical Review 84

Both Sides of the Table

APRIL 14, 2012

Did raising money at a $500 million valuation help secure the $1 billion deal? “it’s smart to use an impending investment valuation to drive a higher acquisition valuation” I would like to amend her statement slightly to read, “it’s smart to use an impending investment valuation to drive an higher acquisition.”

Valuation 316

Valuation Balance Sheet Dilution Term Sheet 316

Hunter Walker

DECEMBER 16, 2019

They’d offer services like recruiting, sales and BD help, and marketing to their startups, building out an agency-like model and employing well over 100 team members. All of their partners had to be former founders (since relaxed), sounding the bell that not just operators, but founders, would make the best investors.

Silicon Valley 70

Silicon Valley Early Stage Valuation Cofounder 70

VC Cafe

OCTOBER 31, 2022

It’s a tough time for a lot of startup founders right now. This is not meant to be a negative post, but rather a temperature check of today’s market environment and the levers founders can pull on to survive this period. Growth investors seek bargains and many shifted their focus to earlier stage. In Q3/2022, $2.6

Founder 173

Founder Technical Review Down Round Liquidation Preference 173

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 In 2010, we were recruiting for a Senior Vice President of Sales and Marketing for Backupify, and it was clear that many of the people I was interviewing wanted the CEO role. Hang out with other founders and CEOs. He was right.

Founder 120

Founder Startup Cofounder Business Model 120

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

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. Sustainable growth: Prioritise sales efficiency over growth at all costs. Patrick Collison , self-made billionaire founder of Stripe. Bill Gates , founder of Microsoft.

Founder 187

Founder Startup Valuation Pre-Money Valuation 187

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

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

This is going to be BIG.

DECEMBER 26, 2011

The thing you need to be careful of, however, is only paying attention to big trends, because you never know when you're thinking big data and you miss the awesome direct sales jewelry company. What types of things might happen in 2012, as opposed to needing another 3-5 years to come to fruition.

Technology 116

Technology Valuation Community Restful 116

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. From then on I was forced to do detailed sales calls, get intimately involved with product management decisions and even make minute technical operation decisions.

Founder 299

Founder Technical Review Startup Venture Capital 299

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

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). I’ve also, of course, been spending a lot of time talking about this with our rapidly growing sales team at data.world.

Software Review 48

Software Review Sales Cofounder Analytics 48

venturehacks.com

SEPTEMBER 22, 2011

Offers from top-tier firms increase your valuation. Could you spend the remaining 10% on killer developers and sales guys? Offers from top-tier firms increase your valuation. But overall, an offer from a top-tier firm increases your valuation. Top-tier firms try to avoid increasing your valuation when they make an offer.

Equity 40

Equity Cap Table Valuation RSS 40

Both Sides of the Table

FEBRUARY 25, 2010

million at a $15 million pre-money valuation. My co-founder and other management team members wanted us to hold off and see whether we could get the deal done at a higher price. Morgan Stanley had proposed a higher valuation to let them in. VC, sales, biz dev, M&A or otherwise. Yes, this was stupid. Any deal.

Technical Review 301

Technical Review Term Sheet Due Diligence Venture Capital 301

Up and Running

AUGUST 19, 2014

The type of deals and industries they invest in, the company stages, and the amount they invest depends on the individual or angel group. I have pitched to hundreds of angel investors over the years as a result of co-founding two tech companies and raising just shy of $1M in angel capital. 51 percent). Tweet This Tip. “I’m

Angel Investor 161

Angel Investor Technical Review Due Diligence Startup 161

www.readwriteweb.com

OCTOBER 18, 2010

Well, my advice for Chak is to focus steadily on a worldwide list of greeting card distributors using Telewebsales and Sales 2.0 methodologies - in other words, dont invest in travel and in-person sales, but try to close as many deals as possible by phone and the Web. (On While you may not have the budget to spend $500,000 on Sales 2.0

Marketing 52

Marketing Bootstrapping Incubator Angel Investor 52

www.readwriteweb.com

OCTOBER 18, 2010

Well, my advice for Chak is to focus steadily on a worldwide list of greeting card distributors using Telewebsales and Sales 2.0 methodologies - in other words, dont invest in travel and in-person sales, but try to close as many deals as possible by phone and the Web. (On While you may not have the budget to spend $500,000 on Sales 2.0

Marketing 52

Marketing Bootstrapping Incubator Angel Investor 52

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

Scalable Startup

FEBRUARY 9, 2011

Revenue can change many things for you and your company – valuation, respect, confidence, negotiating position, attraction of other revenue and cash, retention of your equity, and the ability to attract key people and partners. In the beginning the rainmaker is usually the founder/de-facto CEO, but not always.

Revenue 20

Revenue Cofounder Retention Valuation 20

Both Sides of the Table

DECEMBER 3, 2013

” How can businesses not incorporate information into their marketing and sales funnels? I’m an early-stage investor. I normally look to invest my first money below a $20 million valuation and when deals get to lofty prices I normally bow out to later-stage investors who have deeper pockets.

Iran 358

Iran API San Francisco Nigeria 358

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

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. Put another way, the ideal financing partner is a financing cofounder. Instead, open with the investment thesis.

Entrepreneur 111

Entrepreneur Revenue Viral Networking 111

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