Both Sides of the Table

JULY 7, 2015

And from Nancy Hua … “Too many angels can also hurt a start-up and be taken as an indication that a company is not strong enough to attract any one “lead” investor, said Ms. Every great investor knows this. “They hear your story and you send them the paperwork.”. Hua of Apptimize. ” Uhhuh.

Cap Table 150

Cap Table Cofounder Silicon Valley Startup 150

David Teten

SEPTEMBER 5, 2014

I was excited to see that GLG (formerly Gerson Lehrman Group), the industry leader, is now offering a professional network service geared to the needs of the startup community: GLG Share. Over the past 15 years we’ve built this amazing membership to serve our core clients – leading investors, corporations, consulting firms, and nonprofits.

New York 114

New York Technical Review Networking Advisory Board 114

Both Sides of the Table

SEPTEMBER 23, 2010

It is such a small community that it is hard to raise money by stealth. If you have a “lead&# investor agreed then the price is already set and you don’t have to worry about price. This also happens with VCs. Information flows. That is why I tell people not to shop deals too widely.

Entrepreneur 292

Entrepreneur Technical Review Stealth Valuation 292

crowdSPRING Blog

AUGUST 4, 2010

Lead Investors, Dipshit Companies, and Funding Every Entrepreneur – [link]. If You Build It, They Won’t Come – [link]. Lessons from working for startups – [link]. Interesting perspective on why New York City could never compete in tech – [link]. Bootstrapped, Profitable & Proud: Github – [link].

Social Media 92

Social Media Small Business Design Media 92

techcrunch.com

APRIL 26, 2013

From 2004 to 2007, she helped lead Congresswoman Carloyn Maloney’s community outreach and relations efforts in New York City. First, AngelList Invest is available to any company on AngelList that has a top-tier lead investor. And the lead investor has to be putting in at least $100,000 in capital, says Ravikant.

SEC 61

SEC Accredited Investor San Diego New York City 61

View from Seed

JANUARY 11, 2021

Investors looked to known, credible networks, to closed communities, and sought warm introductions to source new deals. We looked to who from our respected community could help us meet founders, partnered closely with co-investors we’d worked with before and with credible angels.”.

Venture Capital 350

Venture Capital Cofounder Early Stage Seed Stage 350

This is going to be BIG.

JANUARY 18, 2010

and FashInvest invite the online fashion community to present their startups to the audience and special feedback panel consisting of leading investors in the space. A monthly gathering for friends of #140conf to get together and discuss issues of the day. RSVP: [link] 6:00PM Fashion 2.0: Startups Showcase Fashion 2.0

Community 60

Community Cofounder Venture Capital Social Network 60

Hearpreneur

AUGUST 27, 2023

This person conducts regular one-on-one meetings with the chairman and lead investor. This method allows us to delve deep into the intricacies of our operations and the ergonomic industry, leading to well-informed decisions and a competitive edge in the market. Don’t forget to join our #IamCEO Community.

Entrepreneur 99

Entrepreneur Australia Lead Investor Management 99

mashable.com

NOVEMBER 2, 2011

AngelList is an online community that matches startups with investors to streamline the fundraising process. Look for Your Lead Investor. First you’ll want to find a lead investor — someone many other investors will recognize and respect. This list of top angel investors is a good start.

Social Media 80

Social Media Startup Angel Investor RSS 80

David Teten

FEBRUARY 3, 2014

The best entrepreneurs historically tend to go direct to their historical and/or most desired investors, with whom they already have a relationship or with whom they can readily obtain a relationship. Once that lead investor is in place, then these online tools are very valuable for filling out the round.

Private Equity 114

Private Equity Venture Capital Technical Review Equity 114

Hunter Walker

JANUARY 19, 2023

Of course they want to see startups experimenting with their technology, pushing it forward the use cases, getting input from the developer community. But is throwing money (and frankly the importance of their brand, which right now is red hot) into startups a lead investor really Open?

Naming 62

Naming Lead Investor Distribution Technology 62

Both Sides of the Table

MARCH 6, 2011

There is no secret, just a lot of hard work and screening of both startups and investors. All investors must be accredited with a couple of deals already under their belt. Investor acceptance is on a case-by-case basis and they have kicked people out of the community. I ask Naval about the importance of a lead investor.

Valuation 292

Valuation Deal Flow Lead Investor Cofounder 292

Berkonomics

DECEMBER 7, 2017

Some larger communities have organizations of corporate directors, composed of a combination of service providers and professional corporate directors. If you take smart money from a good angel or venture organization, the lead investor usually becomes your board member and has a vested interest in your success.

Warrant 97

Warrant Stock Options Vesting Equity 97

www.readwriteweb.com

MARCH 7, 2011

AngelList is a community. The community helps you get intros. The startups and investors can do the round however they like. I don't think AL is biased in any one direction, rather your just acting as the community in between. I want you to know that we don't have an "AngelList investment philosophy".

Technical Review 50

Technical Review Due Diligence Startup Angel Investor 50

David Teten

JUNE 12, 2014

Competitiveness Project , which challenged the HBS alumni community to address America’s declining competitiveness. HBSAANY has evolved into an educational organization, holding investor education events in NY , Florida , New Jersey , Connecticut , and San Francisco , as well as many webinars. 1) Curriculum innovation.

New York 114

New York Connecticut Angel Groups Florida 114

Hunter Walker

APRIL 20, 2018

Like many in the venture community, especially us newer investors, I enjoy Fred Wilson’s “process” posts, where he shares a POV on the practice of our profession. Like we do at the seed stage, USV almost always plays the role of “ lead investor.” But it often is not.”

Seed Stage 48

Seed Stage Lead Investor Portfolio Reputation 48

www.paulgraham.com

OCTOBER 23, 2010

In the future, angel rounds will less often be for specific amountsor have a lead investor. forstartups was to find one angel to act as the lead investor. Youdnegotiate a round size and valuation with the lead, whod supplysome but not all of the money. Then the startup and the lead wouldcooperate to find the rest.

Startup 93

Startup Valuation Non-Compete Deal Flow 93

The Startup Toolkit

NOVEMBER 4, 2011

Vision for B2C, virality-driven community. Regarding structure, the first deal is a rolling round with committed lead investors. Highly experienced, top-tier angels. Vision for B2B, sales-driven technology. Requires team relocation. First-time VCs, building on their own entrepreneurial success. Conveniently local. Looks good.

Term Sheet 31

Term Sheet Dilution Participating Preferred B2C 31

David Teten

SEPTEMBER 6, 2015

In either case, corporations have to set up their investment vehicles so that the venture capital community sees them as serious players. Teten: How do corporate VCs interact with the broader VC community? . Some corporate funds now lead rounds. Teten: How does a corporate VC fit into the overall VC landscape?

Venture Capital 60

Venture Capital Balance Sheet Technical Review Portfolio 60

Startup Lessons Learned

JUNE 9, 2020

I've known Brian Chesky, Co-Founder, CEO and Head of Community at Airbnb for a long time. Brian Chesky : I am Brian Chesky, co-founder, CEO, and head of community at Airbnb. Well the same could be viewed as a community, a marketplace, social media company, anything. Here's what it actually looks like. Eric Ries : Hey man.

Silicon Valley 60

Silicon Valley Hosting Cofounder Employee 60

The Startup Toolkit

NOVEMBER 4, 2011

Vision for B2C, virality-driven community. Regarding structure, the first deal is a rolling round with committed lead investors. Highly experienced, top-tier angels. Vision for B2B, sales-driven technology. Requires team relocation. First-time VCs, building on their own entrepreneurial success. Conveniently local. Looks good.

Term Sheet 20

Term Sheet Dilution Participating Preferred B2C 20

Agile VC

JANUARY 12, 2012

But at NextView we try to be as deeply engaged in the entrepreneurial community in a variety of different ways (mentorship, accelerators, demo events , etc). As I’ve stated before, I’m a big believer in being deliberate and explicit in startup fundraising.

Seed Stage 100

Seed Stage Silicon Valley Syndicate Syndication 100

The Startup Lawyer

JUNE 9, 2010

Earlier this year, this issue presented itself when a client was the lead investor in a Series A round of about $2MM at a $4MM pre-money. The startup community focuses most of the term sheet discussion on liquidation preferences and anti-dilution , but startup CEO salary is nonetheless an important issue. Case Study.

Salary 99

Salary Term Sheet Liquidation Preference Liquidity Event 99

This is going to be BIG.

FEBRUARY 17, 2016

Turns out if you sleep on couches and remain relatively homeless for five months during your fundraise and initial sales development for a fintech startup that could plausibly be in NYC, your lead investor could get so far down the line in helping you raise that by the time they choose Chicago, you're too far in to complain about it.

Chicago 60

Chicago Security Lead Investor Government 60

Up and Running

JANUARY 25, 2017

And, by Friday, you could be pitching an investment club that wants to create jobs in their local community. The lead investor, the individual that seemed the most optimistic about our pitch, was surprised to hear from me so soon. After a few days, I was stunned to answer the phone and hear the voice of the lead investor again.

Venture Capital 60

Venture Capital Cofounder Security Partner 60

Feld Thoughts

JULY 28, 2014

.” So, while Apple, Costco, and FedEx benefited, the PR would be more credible if the SBIC was trumpeting iconic companies created after 1990 or even 2000, especially where the lead investors (rather than follow on investors) had SBIC capital. Peter Adams, head of Rockies Venture Club, is quoted a few times.

SBIC 142

SBIC Venture Capital Colorado SBA 142

Babbling VC

DECEMBER 5, 2010

These business would scale on the sheer virality of their communities. Running around Europe trying to find lead investors for these businesses was priority number 1. Sure, other mistakes were made but I was adamant that once people started using the product, they'd tell all their friends.

Technical Review 76

Technical Review Europe Portfolio Germany 76

David Teten

JULY 12, 2017

Steve Brotma n of Alpha observes, “In general, for any co-investor, the higher the quality of the institutional VC firm lead for the new round and the more reasonable the valuation, the better the odds of a coinvestment. Hence, if Sequoia is the lead and the valuation is reasonable, it’s near 100% chance.

Syndicate 60

Syndicate Syndication Institutional Investors LP 60

Rob Go

JULY 17, 2014

Prospective LPs evaluating NextView tend to focus their due diligence on conversations with these folks as well as other trusted participants in the startup community that are likely to have a POV on us. We want to be able to comfortably lead these rounds and speak for 1/3 – 1/2 of the capital or more.

Seed Stage 69

Seed Stage Early Stage Due Diligence Liquidity Event 69

This is going to be BIG.

AUGUST 2, 2010

So if we’re talking everyone getting funded without getting the benefit of an experienced set of mentors in a small, focused program like TechStars, or a lead investor who will spend a lot of time with you upfront, I’m not on board with that.

Startup 101

Startup Venture Capital Incubator Programming 101

Berkonomics

JULY 3, 2010

Some larger communities have organizations of corporate directors, composed of a combination of service providers and professional corporate directors. Another is through industry associations or civic groups such as Rotary or Lions Club.

Warrant 71

Warrant Stock Options Vesting Equity 71

Startup Lessons Learned

JULY 2, 2020

There's been a real sense of community built in the company that I think has been helpful in getting everybody through. I think I took the first two or three meetings with Fred's lead investor, which is pretty funny. Eric Ries : So, what was the investor reaction like? Eric Ries : Celine, how about you?

Curation 60

Curation Government Los Angeles Partner 60

Bryce Dot VC

FEBRUARY 12, 2015

community and share with others what you’ve learned. Equity Only if and when you choose to raise more money from traditional investors or sell out do we become shareholders in your company. On an investment of $100k, our return would be capped at $500k. We hope you’ll still want to stay a part of the indie.vc

San Francisco 40

San Francisco Distribution Equity Delaware 40

Reid Hoffman

JANUARY 26, 2021

This is one of the reasons why the best practice for a startup is to raise investment rounds from different lead investors rather than simply doing internal rounds, even if an internal round requires less work. One of the things a financing round brings is an opportunity to strengthen the startup’s overall network.

Startup 36

Startup Equity Early Stage Green 36

Professor VC

OCTOBER 20, 2009

However, the individual above was adamant that we should have a PR campaign to let the entrepreneurial community know that we dont participate or support this practice. Im also a strong believer that your track record and reputation are your most valuable assets in the venture community. In how many of those were you a lead investor?

Angel Investor 35

Angel Investor Due Diligence San Jose Silicon Valley 35

reidhoffman.org

NOVEMBER 12, 2013

Even though we glossed over those slides, investors knew they could come back to those slides later and dig into them if necessary. By this point in the presentation, our goal was to lead investors to believe: A network-empowered people search application could be really valuable. It started with this pitch deck.

Entrepreneur 111

Entrepreneur Revenue Viral Networking 111

Venture Chronicles

JULY 16, 2010

With the lead investor in the recently funded round pulling back their cash the company was forced to lay off nearly all of their staff. This scenario played out just yesterday with a company I am familiar with and the result has been devastating.

Due Diligence 28

Due Diligence Term Sheet Limited Partner LP 28