Both Sides of the Table

JULY 23, 2014

The rise of “micro VCs” or seed-stage funds. Lower costs to start a business (95% reduction), many more companies created & funded by angels / seed. ” The new narrative is “will my seed funds be able to fund the prorata of their winners?” On the surface the narratives have been.

Technical Review 398

Technical Review Venture Capital Valuation Pre-Money Valuation 398

Agile VC

APRIL 17, 2011

At the end of the day Kayak’s playing a key role in the online travel process, but it appears more of the revenue comes from filling top of the conversion funnel rather than the middle or bottom of it. Pre-IPO Funding History: Kayak has raised approximately $235M in VC funding to date. Pre-money valuation was approx.

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

View from Seed

SEPTEMBER 14, 2021

This post is inspired by some of the earliest conversations I have had with the team here at NextView and since the beginning of my VC journey. Q: What is going to happen to the cost of capital? Q: What is the opportunity cost of not being in tech? Both early- and late-stage startup valuations are currently elevated.

Valuation 319

Valuation Pre-Money Valuation Distribution Early Stage 319

View from Seed

OCTOBER 21, 2014

As the seed-stage startup fundraise process has received more transparency in recent years, ranging from published advice on how to raise seed capital to increased availability through AngelList, Funders Club, and various accelerator programs, I’ve noticed another trend emerging.

Valuation 336

Valuation Founder Seed Stage Angel Investor 336

View from Seed

SEPTEMBER 14, 2021

This post is inspired by some of the earliest conversations I have had with the team here at NextView and since the beginning of my VC journey. Q: What is going to happen to the cost of capital? Q: What is the opportunity cost of not being in tech? Both early- and late-stage startup valuations are currently elevated.

Valuation 295

Valuation Pre-Money Valuation Distribution Early Stage 295

View from Seed

SEPTEMBER 14, 2021

This post is inspired by some of the earliest conversations I have had with the team here at NextView and since the beginning of my VC journey. Q: What is going to happen to the cost of capital? Q: What is the opportunity cost of not being in tech? Both early- and late-stage startup valuations are currently elevated.

Valuation 156

Valuation Pre-Money Valuation Distribution Early Stage 156

K9 Ventures

MARCH 23, 2011

There has been a lot of noise in the Valley lately about how most seed stage deals are now being done as convertible notes. The typical fix for this problem is to put in a cap in the note for the pre-money price for conversion. What percent of the company should the note holder get on conversion?

Pre-Money Valuation 132

Pre-Money Valuation Valuation Equity Liquidation Preference 132