Gust

JULY 23, 2014

So even if my own mother asked me to meet with you, and you were pitching me a biotech opportunity for a $10 million investment at a $90 million valuation, I might take the meeting, but it wouldn’t be particularly useful for either of us.

Angel Investor 153

Angel Investor Elevator Pitch Pre-Money Valuation Technical Review 153

This is going to be BIG.

SEPTEMBER 30, 2012

How else can you explain this headline matching a story about a professional social network still trying to explore revenues raising $17mm on an $80mm valuation? Did I mention it only took the founder a month? Most founders that get funded know their backers or have close connections to them well before they officially "pitch.".

Venture Capital 114

Venture Capital Marketing Term Sheet Software Review 114

Hunter Walker

AUGUST 8, 2023

Obvious caveats to my POV here, most specifically: exposure is limited to largely the US/SiliconValley ecosystem, driven by our own portfolio, my friends and co-investors, the funds I’m a LP in, and our institutional LP relationships. Valuations. More Than Average (ALLEGED) Fraud.

Portfolio 99

Portfolio Cap Table LP Valuation 99

Hunter Walker

JANUARY 5, 2014

Meeting new founders while collaborating, recruiting, analyzing, doing whatever it takes, to help our current founders build strong companies. ” That means the founders are currently fundraising and we are at some stage of mutually getting to know each other. Doing what excites me and gives energy.

Software Review 103

Software Review Balance Sheet Cofounder Technical Review 103

Steve Blank

MARCH 31, 2014

Look at the valuations of companies like Tesla, Illumina, and Twitter. The companies that can show “startup-like” growth rates of 50% plus per year will get stratospheric market valuations. If they don’t, then the management team has simply become caretakers of the founders’ legacy. This never ends well.

Private Equity 326

Private Equity Metrics China Intellectual Property 326

Up and Running

JUNE 14, 2017

For instance, to simulate an Uber-like experience, you could create a Facebook ride sharing page that matches riders with drivers on demand, by simply asking members to post their ride requests, then privately chatting with drivers. They matched buyers with these businesses manually on-demand.

Technical Review 96

Technical Review Distribution Redemption Demand 96

ReadWriteStart

SEPTEMBER 17, 2021

How can either of you confidently give a valuation of a business that doesn’t make money? According to Devon Fanfair, co-founder of startup studio Devland , “building companies that demonstrate enterprise value is the best path for new builders because they generate revenue with very little investment.

Startup 130

Startup Revenue Cofounder Angel Investor 130

Startup Professionals Musings

FEBRUARY 1, 2016

Founders generally need more focus on the market sizing, volume projections, cost details and margin expectations to balance the optimism of their passion for the idea. Tax status can be assigned separately to match your preferences. Founder’s stock may be taxed at time of incorporation.

Intellectual Property 120

Intellectual Property LLC Limited Liability Company Nevada 120

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. She graduated from Columbia University in 2003, where she was.

SEC 61

SEC Accredited Investor San Diego New York City 61

YoungUpstarts

JULY 29, 2013

by Meng Weng Wong, co-founder and social engineer at JFDI Asia. You have to be prepared for the grueling rigors of fundraising and repeated rejections, and difficult negotiations over valuation. Some founders stay at hostels. Each founder who owns shares in the startup and has attended JFDI will be invited.

Asia 207

Asia Singapore Cofounder Incubator 207

ReadWriteStart

SEPTEMBER 17, 2021

How can either of you confidently give a valuation of a business that doesn’t make money? According to Devon Fanfair, co-founder of startup studio Devland , “building companies that demonstrate enterprise value is the best path for new builders because they generate revenue with very little investment.

Startup 78

Startup Revenue Cofounder Angel Investor 78

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

Up and Running

APRIL 11, 2016

When asked how he figured out who his target market was, he responded, “I looked at the volume of sales in my city, from the property valuation administrator, and then looked for the ‘sweet spot.’ That said, Morgan did do a fair bit of research himself. That is where the bulk of the volume of transactions was occurring.

Reputation 60

Reputation Cofounder Naming Business Plan 60

Hunter Walker

JUNE 7, 2016

These people are true founders and entrepreneurs just like any venture backed company. Chaia was the result of our matched style toward food and our wish to bring seasonal, vegetable cuisine to DC. BS: As co-founders, Suzanne and I are equal business partners 50/50. How did it all begin?

Caching 70

Caching DC Social Media Finance 70

Lightspeed Venture Partners

OCTOBER 14, 2012

But this constraint is at odds with the founders vision. Rumor has it that Zulily is raising capital at a valuation in the $1bn range right now. The company had done $125k in sales in nine months, not enough to justify the valuation that they were seeking. Lori matched his offer. The entrepreneur made the right decision.

Equity 155

Equity Dilution Redemption Distribution 155

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

Hunter Walker

JUNE 7, 2016

These people are true founders and entrepreneurs just like any venture backed company. Chaia was the result of our matched style toward food and our wish to bring seasonal, vegetable cuisine to DC. BS: As co-founders, Suzanne and I are equal business partners 50/50. How did it all begin?

Caching 48

Caching DC Social Media Finance 48

Ben's Blog

APRIL 28, 2010

In this post, I describe why we prefer to fund companies whose founder will run the company as its CEO. As we looked at the history of great technology companies, we discovered that founders ran an overwhelming majority of them for a very long time, including: Acer—Stan Shih. Siebel—Tom Siebel. Sony—Akio Morita. Sun—Scott McNeely.

Technical Review 78

Technical Review Cofounder Technical Cofounder Software Review 78

Up and Running

AUGUST 19, 2014

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. I’m impressed when entrepreneurs know their numbers inside and out and are realistic about their valuations. My favorite part of pitching to them was the due diligence process.

Angel Investor 161

Angel Investor Technical Review Due Diligence Startup 161

The Next Web

SEPTEMBER 24, 2013

A fortnight ago, Boris interviewed Reed Hastings on his business lessons and experience, but now I’m shaking it up with a look at a 26-year-old founder who is disrupting the mobile and social networking spaces: Kik CEO and founder Ted Livingston. The Canadian government matched the investment, and the 15-year plan kicked off.

Entrepreneur 167

Entrepreneur CTO Hire Startup Mobile 167

betashop.com

OCTOBER 8, 2012

When we pivoted from fabulis to Fab, we pivoted towards building a business around the unique tastemaker talents of one of our founders, Bradford Shellhammer. Have amazing co-founders who are better at what they do than you could ever be. Founders need to personally own something big themselves. Work with people you love.

Technical Review 108

Technical Review Technology Software Review Valuation 108

Duct Tape Marketing

JUNE 4, 2019

He is the founder and chairman of ActionCOACH , and the co-author of a book we’re going to talk about today, Pulling Profits Out of a Hat: Adding Zeroes to Your Company Isn’t Magic. Probably the best example is that… Do you remember the movie, what was it called, The Founder, The Ray Kroc movie? Thanks, Brad.

Cofounder 64

Cofounder Australia Retention Sales 64

thinkspace.com

SEPTEMBER 7, 2012

How to Divide Equity to Startup Founders, Advisors, and Employees. The part that I’d like to zero in on is when you’ve got a high growth company what are some of the best practices out there to distribute equity to the founders, advisors, and employees? Equity for Founders. Should founders have anti-dilution rights?

Equity 62

Equity Employee Founder CTO Hire 62

www.paulgraham.com

OCTOBER 23, 2010

And since a startup thatsucceeds ordinarily makes its founders rich, that implies gettingrich is doable too. They all use the same simple-minded model.They seem to have approached the problem by thinking about how todo database matches instead of how dating works in the real world.An Ideally you want between two and four founders.

Startup 105

Startup Cofounder Software Stock 105

crowdSPRING Blog

JULY 5, 2013

Why you can’t find a technical co-founder – [link]. Startup co-founder survival tips – [link]. Valuation vs Ownership | by Fred Wilson – [link]. Sad to see Boxee lose independence, but good match for Samsung – [link]. Small Business and Startups: 5 Marketing Myths – [link].

Social Media 92

Social Media Small Business Design Media 92

Both Sides of the Table

AUGUST 17, 2009

The meme was kicked off by Chris Dixon with this post saying that term sheets need to be simplified and align investor / founder interests. Last to weigh in was Brad Feld whose blog post argues that the only 2 terms that should be negotiated are amount raised & valuation. They immediately agreed to match True’s terms.

Founder Vesting 252

Founder Vesting Vesting Founder Term Sheet 252

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. The net effect was more money raised, higher valuation and the same percentage of equity sold.

Valuation 42

Valuation Channel Pre-Money Valuation Term Sheet 42

Both Sides of the Table

MARCH 6, 2011

I was hanging out the other day with my buddy Jody Sherman, founder & CEO of EcoMom. Co-founded a company in the private jet business – sold to Virgin America. Part 2/3 of Interview: AngelList: A Quick Introduction and Interview with Founders Babak Nivi & Naval Ravikant – [Minutes: 23:00 – 55:00].

Valuation 292

Valuation Deal Flow Lead Investor Cofounder 292

Hunter Walker

DECEMBER 21, 2014

Our emphasis isn’t on slide decks and governance, but instead on helping founders build leadership, steady cadence and periodic strategic discussion into their thinking, which we believes contributes to startups being more prepared for a successful A Round. The majority of founders we speak with are raising a $1-2.5

Cofounder 102

Cofounder Seed Stage Syndicate Syndication 102

Transformify

APRIL 12, 2020

Usually, the remote workers work from home or co-working spaces and visit the company office once per month or even once per quarter. Round-tripping is used by the founders of a startup to inflate the revenue and profit and mislead investors and lenders. A good example is a company based in London creating remote jobs in Bristol.

Bangladesh 98

Bangladesh Philippines Salary Cofounder 98

reidhoffman.org

NOVEMBER 12, 2013

Friendster’s valuation set the tone for the entire social networking space. Great businesses can be built off this network, starting with matching talent and opportunity. Put another way, the ideal financing partner is a financing cofounder. Facebook, by the way, was not yet on most people’s radars in the summer of 2004.

Entrepreneur 111

Entrepreneur Revenue Viral Networking 111

Both Sides of the Table

AUGUST 30, 2010

Some of the delay is just overhang of a bad market but we may be delaying true supply/demand matching through the well-intentioned government’s attempt to stem price declines. VC funding is definitely back from the constipation that was 2009 replete with frothy valuations chasing dreams of the next Facebook, Groupon or Zynga.

Entrepreneur 298

Entrepreneur Technical Review Balance Sheet Government 298

A Smart Bear: Startups and Marketing for Geeks

JUNE 20, 2011

As you’d suspect, I was similarly ignorant of such things while watching the sale of ITWatchDogs (where I was a co-founder), and still harbored misconceptions as I went into the sale of Smart Bear. There’s many possibilities, each of which will cause a different valuation of your company. On top of that is lost time.

Sales 260

Sales Channel Cofounder Valuation 260

abovethecrowd.com

JUNE 2, 2021

This “gain” ($34B last year alone) is a result of a direct wealth-transfer to these individuals FROM the previous owners of the company — founders, executives, employees, and venture investors. Investment banks simply do not match supply and demand. The vast majority of all bond offerings are priced using the order matching system.

IPO 82

IPO Customer Matching Silicon Valley 82