Both Sides of the Table

SEPTEMBER 5, 2012

” And some seed stage investors told me, “I prefer not to fight over price now. Convertible notes often have multiple liquidation preferences. Nobody I know accepts multiple liquidation preferences in early-stage deals. And every seed stage VC tells me they don’t ever even ask for them.

Ratchet 354

Ratchet Liquidation Preference Equity Stock 354

View from Seed

OCTOBER 15, 2014

Over the summer, based on feedback from our portfolio and the broader startup community, NextView created pre-formatted board deck templates for seed-stage startups — part of our Growth Guides series. As Rob Go wrote , board decks and board meetings can waste loads of time at the seed stage.

Seed Stage 331

Seed Stage Cap Table Metrics Burn Rate 331

ithacaVC

DECEMBER 22, 2012

I recently engaged in a conversation (over a few days) about the need for a seed stage company to have a board member other than the founder. Let’s say a seed stage company raises $600K from a group of seed stage VCs. Might be kind of lonely, but completely legal.

Seed Stage 82

Seed Stage Preferred Stock Founder Angel Investor 82

Startup Company Lawyer

AUGUST 31, 2012

” As a result, Ted introduced the Series Seed preferred stock documents as an alternative to convertible debt for early stage investments. In fact, Paul Graham wrote a letter to Y Combinator companies warning them that the performance of the Facebook IPO may hurt the market for early stage startups.

Convertible Security 73

Convertible Security Equity Security Preferred Stock 73

Up and Running

SEPTEMBER 20, 2021

Furthermore, there are various forms of equity, such as preferred stock, common stock, and convertible notes, which influence the present and potential future investors. Preference shares. A class of stock with special rights as described in your startup is called preference shares. Convertible notes.

Cap Table 112

Cap Table Pre-Money Valuation Stock Options Option Pool 112

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. One can infer valuations based on per share prices of preferred stock and oustanding common shares (~5.3M as of 12/31/09).

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

techcrunch.com

SEPTEMBER 2, 2012

There has been no shortage of controversy and criticism around the convertible note, a popular investing vehicle that’s used by seed stage and angel investors. She graduated from Columbia University in 2003, where she was. → Learn More. Sometimes these loans have a valuation cap and/or a discount.

Equity 87

Equity San Francisco Technical Review Angel Investor 87