Both Sides of the Table

NOVEMBER 8, 2011

We have significant VC commitments (listed below) – every entering company will get $50,000 in funding, mentorship from top VCs and successful entrepreneurs plus free office space. He previously co-founded Charlie , a Los Angeles based media company and interactive agency. For the past 2.5 So What is Different for Class Three?

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Gust

OCTOBER 2, 2014

It’s what life was like as an entrepreneur. But this is nothing like the stress of being an entrepreneur. What’s it really like being an entrepreneur? You’d imagine that every founder was getting rich. Actually, positive outcomes for founders are quite rare. I’m reminded of this feeling. It’s all too familiar.

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Monaco Cofounder Chicago Mexico 122

Reid Hoffman

DECEMBER 15, 2020

It’s even lonelier to be an entrepreneur. WHY IT’S SO LONELY TO BE AN ENTREPRENEUR. People often conflate the loneliness of being a CEO with the loneliness of being an entrepreneur. While both are lonely journeys, the entrepreneur’s journey is even lonelier than that of the CEO. It’s lonely at the top.

Cofounder 69

Cofounder Restful Silicon Valley Term Sheet 69

SoCal CTO

JULY 13, 2010

One of the highlights of my trip was a startup dinner which included Jason Fried and David Heinemeier Hansson, the founders of 37signals. Pivoting - Chris Dixon , June 14, 2010 My Hunch cofounders and I frequently ask ourselves: “If we were to start over today, would we build our product the same way we had so far? Now I have.

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Cofounder Technical Cofounder Term Sheet Startup 175

Spencer Fry

DECEMBER 7, 2011

I don't think there's a more difficult or stressful job than being an entrepreneur. Being an entrepreneur, though, has an emotional component to it that no professor, instructor, mentor or amount of reading can prepare you for. We're not all entrepreneurs. You NEED a Co-Founder to Offload Stress. I was wrong.

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Cofounder Startup Term Sheet IPO 78

This is going to be BIG.

JANUARY 17, 2012

I got a term sheet out less than 100 days into the job and was lucky enough to get to work with my friend Rob May as a Board Member for my first investment, Backupify. It has always been of critical importance to be able to sit across the table from an entrepreneur and believe in my product. The Brooklyn ecosystem.

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New York City New York Venture Capital Term Sheet 133

reidhoffman.org

NOVEMBER 12, 2013

. × At Greylock , my partners and I are driven by one guiding mission: always help entrepreneurs. It doesn’t matter whether an entrepreneur is in our portfolio, whether we’re considering an investment, or whether we’re casually meeting for the first time. Entrepreneurs often ask me for help with their pitch decks.

Entrepreneur 111

Entrepreneur Revenue Viral Networking 111

Reid Hoffman

JULY 27, 2021

As I discussed last week in the Greymatter podcast with my friend and Blitzscaling co-author Chris Yeh , I believe that a knowledge of philosophy is actually a great asset for entrepreneurs. To say categorically that MBA equals “not entrepreneur” is a foolish assumption, just like saying Masters in Philosophy equals “not entrepreneur.”

Silicon Valley 69

Silicon Valley Venture Capital Balance Sheet Cofounder 69

Reid Hoffman

JULY 27, 2021

As I discussed last week in the Greymatter podcast with my friend and Blitzscaling co-author Chris Yeh , I believe that a knowledge of philosophy is actually a great asset for entrepreneurs. In the essay below, I outline some of the reasons I believe that an MBA isn’t the best path for prospective entrepreneurs.

Silicon Valley 69

Silicon Valley Venture Capital Balance Sheet Cofounder 69

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.

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Founder Liquidation Preference Term Sheet Participating Preferred 329

Startup Lessons Learned

MAY 31, 2019

He's been with the firm since its inception in 2009 and has overseen its rapid growth, from three employees to 150+ and from $300 million in assets under management to more than $10 billion. You've seen how venture capital works from both sides--as an entrepreneur and a venture capitalist.

Lean 108

Lean Venture Capital Conversion IPO 108

David Teten

DECEMBER 3, 2019

To learn more about this space, I suggest join an online community I co-founded, PEVCTech. . Other investors are using Trello , Basecamp , and Monday for making sure that everyone at the firm knows one anothers’ long-term OKRs and short-term projects. Point Nine Capital uses 15Five for continuous employee feedback.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

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. Number of employees?

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Cofounder Seed Stage Valuation Metrics 431

venturehacks.com

SEPTEMBER 22, 2011

Paul says, “Whenever you’re trading stock in your company for anything, whether it’s money or an employee or a deal with another company, the test for whether to do it is the same. Consider the opportunity cost of spending shares on employees and investors. We previously posted a table of market rates for employees.

Equity 40

Equity Cap Table Valuation RSS 40

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.

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Founder Vesting Vesting Founder Term Sheet 252

Both Sides of the Table

FEBRUARY 14, 2016

I’d like to explain as best I can my opinion on what is going on because most of what I hear from entrepreneurs is not only wrong but is reminiscent of what I heard in 1997-2000. ” “This will be great for VCs and bad for entrepreneurs.” What is the True Sentiment of VCs? ” “Sure, prices are dropping.

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Valuation Down Round Startup Later Stage 150

venturehacks.com

OCTOBER 21, 2010

Later that evening you review the term sheet from Blue Shirt. Reading on, the term sheet states, “The $8 million pre-money valuation includes an option pool equal to 20% of the post-financing fully diluted capitalization.&# Do you mean the shares go to the founders?

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Option Pool Pre-Money Valuation Dilution Warrant 68

grasshopperherder.com

SEPTEMBER 24, 2011

« Thanks but No Thanks – Things to Avoid When Recruiting Co-founders Why is Cyber Squatter a Bad Word? Some have been as co-founder, most have been as a consultant with the possibility of becoming an paid employee, “as soon as we close our funding round.” The founder is very generous.).

Sweat Equity 41

Sweat Equity Equity Cofounder Non-Compete 41

management.fortune.cnn.com

AUGUST 7, 2012

Why many entrepreneurs come across as jerks August 7, 2012: 10:57 AM ET. Despite the assumption that entrepreneurs act like arrogant babies, most exceptional leaders tend to balance their convictions with a healthy dose of humility. MORE: When you are a beloved employees replacement. Business School. Management. Most Popular.

Entrepreneur 54

Entrepreneur Technical Review Iran Term Sheet 54

mashable.com

JUNE 11, 2013

Or maybe the co-founders have a poisonous relationship that will hinder the companys growth. Lucky for you, time-strapped entrepreneur, weve gathered some tips from the pros to help you avoid some of the most common, game-ending mistakes committed by young startups. Some startups are destined for failure. Hiring Poorly.

Cofounder 111

Cofounder Technical Review Startup Software Review 111

steveblank.com

JULY 8, 2011

Grasshopper – virtual phone system Ringio – cloud phone system RingCentral – cloud based phone system InDinero – easy business finance software Expensify – billing, expenses, receipts Resumator – applicant tracking and social recruiting RecruiterBox – recruitment software, applicant tracking ActiveInterview (..)

Software Review 110

Software Review Startup Silicon Valley Analytics 110

www.vccafe.com

MARCH 11, 2013

A group of Seedcamp entrepreneurs started a startup tools wiki for that purpose, and we thought it would be well suited here. ” 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. Founder Equity Issues.

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Software Review Technical Review Startup 53