Gust

NOVEMBER 4, 2011

Entrepreneurs and investors who have spent any time dealing with convertible debt seed financing transactions are likely to have encountered the subject of valuation caps. Valuation caps can come into play in settings other than seed-stage convertible note financing rounds. Read on for a fuller explanation.

Valuation 98

Valuation Pre-Money Valuation Merger Vesting 98

Altgate

JUNE 25, 2012

Re-posted from post co-authored with Prof. —————– Dead equity — equity held by employees and founders no longer working at the company — is a large and growing problem. Founders and hires have always quit, after all, and their companies don’t always have a way to reclaim their equity.

Equity 44

Equity Vesting Cap Table Technical Review 44

Austin Startup

JULY 22, 2021

Any software, hardware, or CPG startup in Texas with a female founder or co-founder can apply to participate. Female Founders! One will walk away with a $100,000 cash investment and a fast-track into Capital Factory. Who Can Apply? Apply now to be one of five teams selected to pitch. million Series A round.

San Antonio 107

San Antonio Dallas Houston Founder 107

Up and Running

JUNE 14, 2017

What happened to the rest? In other words, if the proposed solution has no proof of adoption, neither the customer, founder, co-founders or investors will benefit from the venture. I built out the premium version, launched it, and emailed those who said they were interested in that version. Guess what?

Technical Review 96

Technical Review Distribution Redemption Demand 96

Altgate

AUGUST 25, 2012

Re-posted from post co-authored with Prof. —————– Dead equity — equity held by employees and founders no longer working at the company — is a large and growing problem. Founders and hires have always quit, after all, and their companies don’t always have a way to reclaim their equity.

Equity 28

Equity Vesting Cap Table Technical Review 28

David Teten

AUGUST 6, 2015

I also spoke with Michael Hutchens , CEO & Cofounder of BPM Global , which helps organizations more efficiently build and maintain financial models. financial statement summaries, valuation analysis, ratio analysis, etc.) 11) Separate out your model output. once a model has been finalized. 12) Design for printing.

Balance Sheet 60

Balance Sheet Software Review Forecast Acquisition 60

View from Seed

JANUARY 26, 2016

To ensure you receive the rest, subscribe here. This means that it has rewarded Series A and B investors for chasing momentum and made it less important for these investors to focus on valuation or sound, early unit economics. technical co-founder). This is the first of several blog posts discussing pre-seed rounds.

Seed Stage 120

Seed Stage Early Stage Cofounder Finance 120

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. The rest of his story was mostly a blur. Customer Development is designed so that you the founder(s) gather first hand experience about customer and market needs. Consultants Don’t Pivot, Founders Do.

Founder 206

Founder Cofounder Business Model Customer Development 206

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. Patrick Collison , self-made billionaire founder of Stripe. Bill Gates , founder of Microsoft. ValuatIon should be a function of value, not ego. Our goals, their goals.

Founder 187

Founder Startup Valuation Pre-Money Valuation 187

Both Sides of the Table

JULY 11, 2010

I’m surprised how few people talk about valuations, term sheet terms, how much to pay recruiters, etc. I once mentioned this idea to a fellow SoCal VC when I told him I wanted a CIC in LA and he said, “Co-location is dead. Uh, I guess he won’t be co-sponsoring a technology lab in LA with me then?

San Francisco 285

San Francisco Incubator Silicon Valley Startup 285

ReadWriteStart

MAY 30, 2022

While investors can seem like a solution to countless problems you encounter as a founder, don’t be too hasty to start eating from their hands. Your employees and cofounders deserve their stakes since they’ve helped you scale to an exit. If you’re in a rush to sell, will your investors allow you to accept less than your valuation? .

Bootstrapping 147

Bootstrapping Startup Equity Silicon Valley 147

ReadWriteStart

JUNE 1, 2011

According to co-founder Paul Graham, very successful. Of course, success can be tracked a number of different ways: the amount of money raised and the valuation of the companies, for example. And how successful are the 316 companies that have gone through the program?

Startup 115

Startup Incubator Cofounder Valuation 115

Feld Thoughts

APRIL 21, 2016

“Many Unicorn founders and CEOs have never experienced a difficult fundraising environment — they have only known success. The “Many Unicorn founders …” quote is the first of four emotional biases that Bill calls out. Fred Wilson’s daily post referred to the article in Don’t Kick The Can Down The Road.

Marketing 70

Marketing Down Round Startup IRR 70

Hearpreneur

JANUARY 29, 2017

It will gratify some people and astonish the rest. This is my favorite business quote because it removes all external factors and focuses on the most important one for launching a business — the founder. The company’s success is a determinant of the founder. Thanks to Dan Eyman, Meld Valuation ! #24

Entrepreneur 48

Entrepreneur LLC Cofounder Montana 48

This is going to be BIG.

DECEMBER 26, 2011

There are a lot of things I love about my Android phone--like the easy integration into the rest of my Google life. I think you'll see a lot of focus on companies like Tumblr, Twitter, Foursquare and Pinterest--services that haven't really established a business model yet to justify their sky high valuations.

Technology 116

Technology Valuation Community Restful 116

YoungUpstarts

OCTOBER 9, 2018

by Collins Brown, CEO & co-founder of MARKET Protocol. Remember the golden rule: store just a small amount on hot wallets, keep the rest tucked away safely in cold storage. Collins Brown is the CEO & co-founder of decentralized trading derivatives platform, MARKET Protocol.

Software Review 202

Software Review Technical Review Security Cofounder 202

Austin Startup

OCTOBER 10, 2017

The Institute includes a co-working space and accelerator (the Blackstone LaunchPad at UT Dallas), an incubator, a training group, a seed fund, and much more — all working together under the unifying, umbrella theme of entrepreneurship. I’m also executive director of the Institute for Innovation and Entrepreneurship.

Dallas 60

Dallas Austin Texas Cofounder 60

Both Sides of the Table

FEBRUARY 13, 2011

Revolution is a “stage agnostic&# fund (means they invest early or late) funded entirely by Steve Case , the founder of AOL and co-founded by two other individuals, Tige Savage (yes, pronounced like the golfer, minus the “r&# ) and Donn Davis. And we also talked about what it’s like to work with Steve Case.

Cofounder 277

Cofounder Merger Founder Venture Capital 277

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. The entrepreneur made the right decision. WIRED WAFFLES.

Equity 161

Equity Dilution Redemption Distribution 161

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. You were a VP at a company that sold for $200 million making the founder very wealthy. is now a VC.

Venture Capital 265

Venture Capital Term Sheet Early Stage Silicon Valley 265

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

DECEMBER 20, 2010

Q: Your co-founders have been working on some technology in their spare time. The source, size and valuation when funding determines how big of a company you’re claiming to build. If there’s only two web analytics report you view about your web site, is there value in the rest of the log data?

Curation 118

Curation Austin Cofounder Ruby 118

venturehacks.com

SEPTEMBER 22, 2011

” Read the rest of The Equity Equation first; it is great. Offers from top-tier firms increase your valuation. 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

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 Web-based platform. This process has given us an amazingly high quality team.”.

Entrepreneur 167

Entrepreneur CTO Hire Startup Mobile 167

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). The rest of the entrepreneur interviews Pat does are very worthwhile listens also. This lesson was first shared at Lucky7 on Jan.

Software Review 48

Software Review Sales Cofounder Analytics 48

betashop.com

OCTOBER 8, 2012

All the rest is noise. 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.

Technical Review 108

Technical Review Technology Software Review Valuation 108

Rob Go

JUNE 1, 2016

We’ve been in a period of unnatural financings, both in terms of valuation and the amount of capital that has gone into companies relatively early in their life. This is particularly true in the VC business where typically, the best 1-3 companies in a fund far outperform the rest of the portfolio. The opposite of this is also true.

Term Sheet 28

Term Sheet Portfolio Valuation Warrant 28

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

Austin Startup

FEBRUARY 12, 2019

I gained nearly 20 pounds during those two years, in part because of the growing frustration I felt when I would leave yet another meeting with VCs who I felt didn’t genuinely listen to, understand, or value my experience as a black founder and CEO. startups with billion-dollar valuations) in recent years.

Silicon Valley 48

Silicon Valley Technical Review Venture Capital San Francisco 48

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!) So what does this all mean.

San Jose 28

San Jose Angel Investor Term Sheet Venture Capital 28

Reid Hoffman

JANUARY 19, 2021

Generally speaking, healthy boards have exposure to the rest of the management team as well, but interact in ways that do not undermine the CEO. At this stage, you need a true founder who fervently believes they’re going to make the company successful. Right now, our whole bet is on the CEO and the founders and making them successful.

Startup 36

Startup Cofounder Advertising Hiring 36

Entrepreneurs-Journey.com by Yaro Starak

FEBRUARY 14, 2010

Armin Van Buuren is not only the number one DJ, he is also co-founder of a music label called Armada Music. If you want to be a big star, you still need big attention, however as Armada and smart labels like it are realizing, the key to success rests in giving away a lot.

Media 89

Media Marketing Distribution Internet 89

Software By Rob

AUGUST 18, 2010

Before: After: And thenI ran into a Mixergy interview where 37signals founder, Jason Fried, talks about their free plan (6:00 into the interview): “… The majority of the revenues for our products come from people who sign up for the paid versions upfront. Follow me Startups for the Rest of Us. Subscribe via RSS On Twitter?

Software Review 78

Software Review Software Revenue Cofounder 78

venturehacks.com

MARCH 21, 2008

See Part 1 for the rest. And that wouldn’t make any sense—our valuation already takes the investor’s value-add into account.&# We’re founders (Epinions), investors (Twitter), students (life), and advisors (billions). All our products Pitching Hacks , Cap Table , and Co-founder Interview. Learn more.

Advisory Board 44

Advisory Board Cap Table Vesting Equity 44

venturehacks.com

OCTOBER 21, 2010

Use a hiring plan to justify a small option pool, increase your share price, and increase your effective valuation. 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.&# The option pool lowers your effective valuation.

Option Pool 68

Option Pool Pre-Money Valuation Dilution Warrant 68

betashop.com

OCTOBER 8, 2012

All the rest is noise. Co-locate as best possible but be willing to travel to remote offices to make multiple offices work. Position your desk in a way in which you are staring at your co-founders and they are staring at you. Don’t choose your investors based on valuation. Work from home as long as you can.

Post-Money Valuation 92

Post-Money Valuation Valuation Dilution Advisory Board 92