YoungUpstarts

OCTOBER 28, 2015

Craig Schmitz, a partner in the Technology Companies Group at law firm Godwin Proctor LLP who works on corporate, governance, board and fundraising issues, and Erika Fisher, an associate in the firm’s Business Law Department who deals with IP, fielded questions about the legal issues startups face. ” The Cost of Financing.

Convertible Security 100

Convertible Security IP Technical Review Software Review 100

Austin Startup

SEPTEMBER 10, 2017

TL;DR: Using a “tiered” valuation cap structure in a convertible note or SAFE can provide flexibility that bridges the gap between (i) what founders expect their company to be worth in the near future, and (ii) what investors are comfortable accepting now. Background Reading: The best seed round structure is the one that closes.

Valuation 48

Valuation Dilution Silicon Valley Seed Stage 48

Gust

DECEMBER 18, 2013

That said, the primary entrepreneur-friendly reason for doing a Convertible Note (and the reason that no serious investor under regular circumstances will therefore do an uncapped note) is: The valuation negotiation is put off until the next round. million valuation provided by the 20% discount of the note.

Valuation 150

Valuation Founder Seed Money Common Stock 150

Gust

SEPTEMBER 6, 2012

So, if I were just going to buy stock in your company today, we would agree on a valuation today, I’d give you the money today, you’d give me the appropriate percentage of the company’s stock, and we’d be all set. But you know what?

Valuation 117

Valuation Equity Stock Angel Investor 117

Austin Startup

SEPTEMBER 17, 2017

Startups provide both the luxury and the risk of having very little data on which to base the important early decisions. The converse of calculating exactly how you will make the first sale, and then the first 10,000, and ultimately work your way up to 1.6 But, the manner in which you get paid can swing your valuation considerably.

Valuation 48

Valuation Forecast Seed Money Business Model 48

pandodaily.com

NOVEMBER 29, 2012

Add to this regular angels becoming “super angels” — a much-mocked phrase for when someone goes from investing their own money to investing institutional funds. Essentially they became micro-VCs, still investing at the seed level but with much greater resources behind them. A name like 500 Startups says it all.

Technical Review 93

Technical Review Silicon Valley Incubator Syria 93