David Teten

JANUARY 19, 2021

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. From RBI, Flexible VCs borrow the ability to reap meaningful returns without demanding founders build for an exit. By tying payments to actual revenues, founders and investors remain aligned around the company’s real-time performance, good or bad.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

David Teten

MARCH 18, 2021

(co-written with Stephane Nasser , co-founder of OpenVC , an open-source initiative to collect and analyze all VC theses.). OpenVC is a new, open-source initiative to collect and analyze all publicly available VC theses, to help founders more efficiently find the right investors, and vice-versa. Technical founders .

Technical Review 78

Technical Review Cofounder Venture Capital Deal Flow 78

Both Sides of the Table

APRIL 20, 2011

They have totally changed the way you run a VC firm, investing heavily in systems & events for their founders that are pushing the boundaries of the way our industry works. The discussion with Howard Morgan starts off by acknowledging Josh Kopelman as a co-founder of First Round Capital. I'm a huge fan of this innovation.

Pre-Money Valuation 284

Pre-Money Valuation Technical Review Cofounder Cram Down 284

Agile VC

APRIL 17, 2011

Kayak was started here in my backyard of Boston… co-founder & CTO Paul English and the product/engineering team is based here in Concord MA. Co-founder & CEO Steve Hafner and the business team are based in Norwalk, CT. Post-money valuation probably no higher than $12M (2). Series A-1 Preferred.

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

View from Seed

JANUARY 11, 2021

The sudden arrival of the global pandemic has shifted the playbook for founders and venture capitalists. As high-conviction, seed stage investors, we are inherently relationship-driven, and we value meeting exceptional founders face-to-face. Zoom calls have taken the place of in-person meetings.

Venture Capital 350

Venture Capital Cofounder Early Stage Seed Stage 350

Agile VC

MAY 26, 2011

Many assume it was a cakewalk, based on the success LinkedIn has enjoyed over time and the current stature of our founder/CEO Reid Hoffman (now Chairman). Yes… he was a very successful PayPal exec and previously co-founder & VP Product of SocialNet. It was a pretty good valuation for the time. It was a $4.7M

Term Sheet 178

Term Sheet Silicon Valley Technical Review Social Network 178

View from Seed

APRIL 30, 2015

At NextView, for instance, one of our more popular posts centers on atypical seed rounds to know. What is it, and how should founders think about it? NVV: Let’s talk about the seed stage specifically. We’d look at a company and the relationship we have with investors, management team, founders, etc.

Term Sheet 120

Term Sheet Equity Startup Seed Stage 120

View from Seed

JUNE 10, 2020

of teams’ online pitch decks and recorded videos, as well as loved the dozens of second-round video conversations which we had with Founders working on quite compelling startups. Many of these Founders we wouldn’t have had an opportunity to connect with if we hadn’t launched this program.

Cofounder 177

Cofounder Syndicate Syndication Alabama 177

Haystack

JANUARY 12, 2020

For those following this blog and the seed market over the past decade, you may have noticed that every year, we see increases across the board — more investors, newer funds, and funds that get larger. Much has been written about the fact that traditional seed stage funds have grown in size and dollars under management.

Seed Stage 106

Seed Stage Cram Down Early Stage Cofounder 106

VC Cafe

MARCH 31, 2021

In November 2020, Appsflyer announced a $210 million round led by Salesforce Ventures at over $2 billion valuation. VC Cafe: What’s the best advice or practical tips you have for founders with regards to marketing and branding at seed stage? Stay focused and block out the noise.

Marketing 179

Marketing Early Stage Seed Stage 179

View from Seed

JANUARY 26, 2016

In the next post, I’ll talk about how we think about pre-seeds at NextView. It’s become increasingly common for startups to raise several seed rounds, and this has led to a bifurcation in the seed stage between what are known as “pre-seed” (or “genesis”) and institutional seed rounds.

Seed Stage 120

Seed Stage Early Stage Cofounder Finance 120

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

Austin Startup

FEBRUARY 12, 2019

The 2013 Joah didn’t realize he was about to run into the buzzsaw that was being black while fundraising in 2014 and 2015, two of the best years for a seed-stage startup to raise funds in Silicon Valley. startups with billion-dollar valuations) in recent years. startups with billion-dollar valuations) in recent years.

Silicon Valley 48

Silicon Valley Technical Review Venture Capital San Francisco 48

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

techcrunch.com

APRIL 26, 2013

Co-founder Naval Ravikant explains that 18 pilot companies in the program, including Transcriptic, Double Robotics and Tred, received $6.7 Investors included Founders Fund, 500 Startups and Marc Cuban. This is just the next phase of AngelList’s evolution into a one-stop shop for seed-stage companies and their backers.

SEC 61

SEC Accredited Investor San Diego New York City 61

Agile VC

JANUARY 21, 2015

Note: This post also published at NextView’s blog for seed stage companies The View From Seed. A population of founders, employees, investors, advisors, and others all aligned in trying to build large disruptive businesses is naturally prone to lofty, even over-the-top language. How can we put things into context?

Cofounder 188

Cofounder Seed Stage Employee PR 188

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

David Teten

DECEMBER 12, 2017

In his white paper How Private Equity and Venture Capital Investors Are Eating Their Own Dogfood , PEVCTECH.com founder David Teten explored how private equity and venture capital investors are trying to automate more of their job. I’d expect a similar shift in venture over the next decade or two.”.

Early Stage 60

Early Stage Technical Review Software Review Venture Capital 60

Startup Company Lawyer

MARCH 14, 2010

After the recent announcement of the Series Seed Financing documents by Marc Andreesen, Brad Feld points out that there are now four sets of “open source&# equity seed financing documents: TechStars Model Seed Funding Documents (by Cooley). Series Seed Financing Documents (by Fenwick & West). Co-sale rights.

Finance 70

Finance Software Review Term Sheet Liquidation Preference 70

View from Seed

JANUARY 11, 2017

Google Ventures was one of our co-investors, and in addition to all the other typical support GV provides their portfolio, this startup gained some unique insights for their organic and paid search strategy which were impactful and couldn’t have been gleaned elsewhere. .

Strategic Investors 120

Strategic Investors Post-Money Valuation Seed Stage Cofounder 120

Agile VC

MAY 21, 2012

There’s also a meaningful cohort of newly public companies that now have valuations of $1B+ who could seriously contemplate an acquisition of $100M+ for stock or cash… Yelp, Zillow, Tripadvisor, Jive Software, Splunk, and others. The expanding universe of potential buyers is a great thing for founders. Pingback: this.

Acquisition 162

Acquisition Silicon Valley B2B Seed Stage 162

Agile VC

JANUARY 21, 2015

Note: This post also published at NextView’s blog for seed stage companies The View From Seed. A population of founders, employees, investors, advisors, and others all aligned in trying to build large disruptive businesses is naturally prone to lofty, even over-the-top language. How can we put things into context?

Cofounder 100

Cofounder Seed Stage Employee PR 100

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. It hardly deserves any attention at all in the early stages. Or is it?

Valuation 42

Valuation Channel Pre-Money Valuation Term Sheet 42

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

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

David Cohen

JULY 28, 2013

He ended up not only being interested, but actually becoming a cofounder. Companies in the UK that are raising a seed round typically have to go through the same diligence as a company raising an Series A round in the US. So there’s more diligence, more spreadsheet work and a lot more focus on actual valuations.

Seed Stage 64

Seed Stage New York Cofounder Bootstrapping 64

Hunter Walker

DECEMBER 21, 2014

17 core investments have been made, I’d say our investment model was, and continues to be, consistent with the type of firm we want to build but if you’re not constantly evaluating how to get better and serve entrepreneurs, you won’t last very long in the early stage venture business. million institutional seed round.

Cofounder 102

Cofounder Seed Stage Syndicate Syndication 102

steveblank.com

JULY 8, 2011

I’d like to add [link] as a community for founders. I am not associated with the company. Reply Dave Jafari , on April 10, 2011 at 10:11 am said: Great list Steve. Reply Faren , on April 11, 2011 at 1:40 am said: Hi Steve, Thanks for adding my ipod, ipad and web wireframe template post to your list.

Software Review 110

Software Review Startup Silicon Valley Analytics 110

Agile VC

FEBRUARY 28, 2012

If you and all the people around your startup (co-founders, advisors, existing investors) feel strongly that the company A) could benefit from additional equity capital at this time and B) you’ve accomplished value accretive milestones since your last round of funding, then it might make sense to talk with potential new investors.

Early Stage 100

Early Stage Syndicate Syndication Silicon Valley 100

pandodaily.com

NOVEMBER 29, 2012

“I wouldn’t expect anyone except seed investors to complain about it,” Graham says. “Founders don’t think their problems are due to trends. And in fact, overall trends are a second-order effect for founders.” Sarah Lacy is the founder and editor-in-chief of PandoDaily. Sarah Lacy.

Technical Review 93

Technical Review Silicon Valley Incubator Syria 93

Rob Go

JANUARY 7, 2013

As a founder, it feels like a long time, but it’s really a blip on the radar in the scheme of things. We focus on investing in seed stage companies. We have pretty strong guidelines internally about how much capital we want to invest in a given company, at what valuation, and thus, what ownership we are looking for.

Portfolio 49

Portfolio Seed Stage Cofounder B2B 49

Rob Go

OCTOBER 22, 2012

Many venture capitalists have been founders or investors in very big companies and have made lots of money themselves. Personally, one of the main reasons I co-founded a seed focused fund like NextView is because I saw it as the way I’d have the highest chance of being impactful to truly extraordinary companies.

Seed Stage 52

Seed Stage Cofounder Venture Capital Valuation 52

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.” Valuations. All names redacted.).

Sweat Equity 41

Sweat Equity Equity Cofounder Non-Compete 41

www.vccafe.com

MARCH 11, 2013

.” 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. Fenwick & West Seed Investment Standard Forms, used by most angels. TechStars Model Seed Funding Documents â?? Seed Stage Valuation Guide.

Software Review 53

Software Review Technical Review Startup 53