Remove Conversion Remove Finance Remove Pre-Money Valuation Remove Seed Stage
article thumbnail

The Changing Structure of the VC Industry

Both Sides of the Table

The rise of “micro VCs” or seed-stage funds. ” The new narrative is “will my seed funds be able to fund the prorata of their winners?” ” Stated simply – if you seed funded Uber at $4.5m Seed funds now represent 67% of all funds being created now, which is up 100% from 6 years ago.

article thumbnail

When Should Startup Founders Discuss Valuation with Seed VCs?

View from Seed

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
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Keep Term Sheets Simple for Quicker Cash to Spend

Startup Professionals Musings

When a company is at its earliest seed stage, the terms tend to be the least complex. As the company grows and the second or third group of investors comes in, the terms of each subsequent financing grow in size, scope, and the number of lawyers’ fingerprints on them. Seat on the board. Anti-dilution protection.

article thumbnail

A Primer on Angel Investment ‘Simple Term Sheets’

Startup Professionals Musings

When a company is at its earliest seed stage, the terms tend to be the least complex. As the company grows and the second or third group of investors comes in, the terms of each subsequent financing grow in size, scope, and the number of lawyers’ fingerprints on them. Seat on the board. Anti-dilution protection.

article thumbnail

How Investors Can Bring More Than Just Money To The Table

YoungUpstarts

For startup founders and CEO’s it’s also just as common to see them place too much focus on the amount of money raised, and the pre-money valuation, rather than the value that each investor can bring to the table. Do you have relationships with other investors at the next stage of the investment lifecycle?

article thumbnail

Keep Term Sheets Simple for Quicker Cash to Spend

Gust

When a company is at its earliest seed stage, the terms tend to be the least complex. As the company grows and the second or third group of investors comes in, the terms of each subsequent financing grow in size, scope, and the number of lawyers’ fingerprints on them. Seat on the board. Anti-dilution protection.

article thumbnail

Thoughts on Convertible Notes

K9 Ventures

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 convertible note was really intended as an instrument for a “bridge financing” – when an equity round was imminent, and likely to occur, but the company needed some money in between.