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). If you don’t, please educate yourself on this site, Venture Hacks and the term sheet series by Brad Feld/Jason Mendelson, among other places.

Finance 70

Finance Software Review Term Sheet Liquidation Preference 70

Both Sides of the Table

APRIL 3, 2010

This is part of my ongoing series on Understanding Venture Capital. I recently wrote a blog post on understanding how the size and age of a venture capital fund might affect you when you’re raising money. We used the Y Combinator open source term sheet. Bandwidth and hosting charges were expensive.

Venture Capital 265

Venture Capital Term Sheet Early Stage Silicon Valley 265

Both Sides of the Table

APRIL 17, 2012

Think about venture capital. But if you were going to start a venture capital fund today, you’d want to stand out. And because they’ve been so successful / dominant in this space you could argue that even now they could do later stage with this brand if they ever chose to.

Community 304

Community Los Angeles Startup Silicon Valley 304

Both Sides of the Table

APRIL 14, 2012

You’ve found yourself in a super hot category and – let’s face it – it’s still a very frothy venture capital funding market so you may have loads of VCs chasing you. ” Getting a term sheet on the table is the second most sure way to get a potential acquirer to move faster.

Valuation 316

Valuation Balance Sheet Dilution Term Sheet 316

David Teten

DECEMBER 3, 2019

Private equity and venture capital investors are copying our sisters in the hedge fund world: we’re trying to automate more of our job. . To learn more about this space, I suggest join an online community I co-founded, PEVCTech. . 3) Raise capital. When I was single, I registered for (a lot of) dating websites.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Startup Lessons Learned

MAY 31, 2019

He’ll be speaking at this year’s Lean Startup Conference , and also has a new book (for which I very happily wrote a short foreword) coming out next month: Secrets of Sand Hill Road: Venture Capital and How to Get It. What is venture capital, really? And what does a venture capital firm do?

Lean 108

Lean Venture Capital Conversion IPO 108

Both Sides of the Table

OCTOBER 17, 2009

This is part of my ongoing series about Raising Venture Capital. With open source software (LAMP stack) and cloud computing infrastructure it just wasn’t that expensive to get your company going and founders just wanted to raise less money. If a VC term sheet comes in they begin their due diligence process.

Software Review 283

Software Review Term Sheet Due Diligence Southern California 283

Both Sides of the Table

FEBRUARY 25, 2010

We had many term sheets (it was 1999 and we had a pulse) and we were deciding which one to take. We were trying to optimize around a few criteria: price, size of round, number of syndicate partners and, of course, terms. We ended up agreeing a term sheet for $16.5 million at a $15 million pre-money valuation.

Technical Review 301

Technical Review Term Sheet Due Diligence Venture Capital 301

Eric Friedman

AUGUST 18, 2021

I lovingly call him the curmudgeon of fintech – in this episode we go deep into how he is building a venture capital firm and practice, not just running a fund and how he views the world of fintech investing. Today, we are lucky to welcome Dan Kimerling of Deciens Capital. I hope you take this as a term of endearment.

Silicon Valley 88

Silicon Valley Venture Capital Cofounder Africa 88

BeyondVC

OCTOBER 13, 2004

I was speaking with a friend of mine today who mentioned that his term sheet for his Series A round fell through. To make a long story short, one of the co-founders of the company built the company’s software in his spare time. Today, the IP is about to get assigned in the proper manner.

Software Review 60

Software Review Intellectual Property IP Due Diligence 60

Both Sides of the Table

SEPTEMBER 2, 2009

If a company has reached a level of success, has been around for a few years and you believe the company has potential to break out into a much bigger company then you should let the founders take money off of the table. A friend of mine is a serial entrepreneur and is running a high-profile, early stage company in NorCal.

Founder 329

Founder Liquidation Preference Term Sheet Participating Preferred 329

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

Cracking the Code

JULY 5, 2016

For early stage companies, the stakes are even higher, and finding a great country manager is the single most important element of a successful launch. PostoInAuto’s founder, Olivier Bremer, was terribly talented, but his business was not at a point where he could raise a significant investment.

Italy 59

Italy Technical Review Germany Poland 59

Professor VC

JUNE 20, 2011

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. At this time, we had secured a term sheet from a co-investor from one of my other angel investments (Thanks, Graeme!) Steve Bennet.

San Jose 28

San Jose Angel Investor Term Sheet Venture Capital 28

Both Sides of the Table

AUGUST 17, 2009

This is part of my ongoing series “ Pitching a VC “ There’s a great meme developing this morning on the need to simplify funding terms and documents. The meme was kicked off by Chris Dixon with this post saying that term sheets need to be simplified and align investor / founder interests.

Founder Vesting 252

Founder Vesting Vesting Founder Term Sheet 252

reidhoffman.org

NOVEMBER 12, 2013

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. The usual tempo for raising money from venture capital is at a minimum of a year between financings. Put another way, the ideal financing partner is a financing cofounder.

Entrepreneur 111

Entrepreneur Revenue Viral Networking 111

Both Sides of the Table

JANUARY 18, 2011

I first met the founder of Pose, Dustin Rosen , when he was a junior person with an LA-based venture capital firm called The Mail Room Fund. Our firm invested at a very early stage in retail brands including CostCo, Dick’s Sporting Goods, Ulta, Starbucks and many more. Pose is no different. I still do.

Term Sheet 303

Term Sheet Mobile Cofounder Early Stage 303

Hunter Walker

DECEMBER 19, 2013

The only way to succeed in venture capital is backing wonderful entrepreneurs and working hard on their behalf. Loss 1: Offered a Substantial Secondary Slot But Passed Since We Seek to Lead/Co-Lead. This opportunity looked juicy: two founders we knew previously, mission-driven, attacking a big market.

Cofounder 105

Cofounder Term Sheet Seed Stage Portfolio 105

Feld Thoughts

JULY 14, 2015

But instead of adding it on to the note or doing an equity round with a price, which could still be an early stage price but below the cap, they make the argument that since the company couldn’t raise a round, the company is worthless. So the new investment gets 60%, the founders get 39.9%, and the $1m of seed money gets 0.1%.

Recapitalization 70

Recapitalization Pre-Money Valuation Post-Money Valuation Angel Investor 70

www.currentlyobsessed.com

MAY 28, 2010

Snapvine was my first experience being in the driver’s seat of the fund-raising process, and in the 3 years prior to our acquisition we raised over $10mm in venture capital. Valuation is an important aspect of VC deal terms, and a major determinant of your ultimate outcome. Read Terms that Hurt (Venture Hacks).

Valuation 42

Valuation Channel Pre-Money Valuation Term Sheet 42

www.vccafe.com

MARCH 11, 2013

Venture Capital Cafe > Startup Resources (Updated Mar 2013). VC Cafe covers early stage Israeli and European tech & mobile startups. National Venture Capital Association â?? WSGR Term Sheet Generator. Orrick, Herrington Term Sheet Generator. Raising Venture Capital.

Software Review 53

Software Review Technical Review Startup 53