Both Sides of the Table

JULY 16, 2010

He acknowledged the importance of the growing seed fund movement in creating a new wave of cost-effective innovation. So angel and seed stage investors’ returns will be dependent on good times continuing or on the ability of their portfolio companies to get financed. Fred Wilson wrote a great piece on this.

LP 311

LP Technical Review Early Stage Silicon Valley 311

Hunter Walker

JULY 22, 2014

Hey founders, want to hear something incredibly frustrating about seed financing? You know the one that inevitably has you at $100 million in revenue by Year Three? Just* committing to grow customers or revenue or usage can still create a hollow company. I don’t believe the forecast you show me. Yeah, that one.

Forecast 95

Forecast Early Stage Seed Stage Startup 95

Gust

JULY 8, 2012

If you are new to the entrepreneurial world of startups, you are likely confused by the terminology of seed-stage, lean startups, micro-VCs, and Super Angels. Seed-stage means promising companies that don’t yet have a revenue stream, and may not yet have a proof of concept. Series-seed round. Super Angels.

Early Stage 177

Early Stage Finance Seed Stage Entrepreneur 177

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

K9 Ventures

JUNE 5, 2015

Almost two years ago, in a private/closed meeting with K9 Ventures’ LPs only, I claimed that: What was being referred to in the press as the “Series A Crunch” was not because fewer Series A deals were being done, but because there were too many Seed deals being done. Seed stage was super tough. Implications for Founders.

Seed Stage 48

Seed Stage Venture Capital Early Stage Valuation 48

Startup Professionals Musings

MAY 1, 2011

If you are new to the entrepreneurial world of startups, you are likely confused by the terminology of seed-stage, lean startups, micro-VCs, and Super Angels. Seed-stage means promising companies that don’t yet have a revenue stream, and may not yet have a proof of concept. Series-seed round. Super Angels.

Early Stage 231

Early Stage Seed Stage Angel Investor Silicon Valley 231

View from Seed

SEPTEMBER 25, 2019

*This post is part of our “pitch deck” series where we dissect the seed stage pitch deck and discuss the ideal flow for a pitch. Investors want to know the critical thinking behind the inputs and value-drivers of the business, and how that results in the outputs on the critical metrics and finances.

Seed Stage 166

Seed Stage Retention Restful Valuation 166

Gust

SEPTEMBER 5, 2012

How to finance a new seed-stage startup? ” Ressi in particular seems to be passionate about removing the “debt” component from convertible debt seed financing transactions. .” A convertible note financing is not a loan in the conventional sense. Convertible debt?

Finance 134

Finance Convertible Security Equity Seed Stage 134

K9 Ventures

OCTOBER 10, 2017

This post is intended to be a dynamic document, and I will attempt to update it from time to time with new questions that may arise or as financing trends evolve. And I sincerely hope that this post does a good job of addressing what Pre-Seed really is. Q: Define Pre-Seed? Q: What amount of financing is considered Pre-Seed?

Seed Stage 82

Seed Stage Finance Later Stage Equity 82

K9 Ventures

JULY 21, 2016

And 2 seed stage companies that haven’t launched yet. Expensive iterations: Depending on the product doing a new rev of the hardware may cost thousands of dollars or more and could also take weeks if not at least several days. This introduces new risks in terms of forecasting, financing, and logistics.

Software Review 48

Software Review Forecast Portfolio Distribution 48

Startup Lessons Learned

JULY 15, 2020

That's why the Corona Initiative is a Public Benefit Corporation--a for-profit company dedicated to the public good that aims to fund its research with its revenues. He worked as an engineer and then went into finance for many years and then was recruited to be president of a biotech company, diagnostics company. I never really got it.

Technical Review 68

Technical Review Software Review Finance Technology 68

K9 Ventures

JUNE 12, 2012

While it it may not feel that way, the data suggest that there is indeed too much capital in the system — especially so at the seed stage, with more and more individuals and larger funds trying to invest in companies at this stage.). This situation is not always in the best interest of founders.

Venture Capital 117

Venture Capital Silicon Valley Founder Seed Stage 117

K9 Ventures

APRIL 9, 2014

Instead, it was more of a result of over-funding at the seed stage. There was simply too much money coming in to the seed stage, which increased the supply of companies at the seed stage. Threshold for an IPO is higher Ten years ago, if you had $20M in revenue you were ready to go public.

Mezzanine 134

Mezzanine Seed Stage Early Stage IPO 134

Genuine VC

JANUARY 3, 2013

According to all of the blogosphere chatter over the past month, seed-funded internet startups are entering this year gearing up for the now-near-infamous Series A Crunch. to become not just ramen-profitable, but sustainably profitable.

Seed Stage 166

Seed Stage Venture Capital Audience New York 166

K9 Ventures

JUNE 12, 2012

While it it may not feel that way, the data suggest that there is indeed too much capital in the system — especially so at the seed stage, with more and more individuals and larger funds trying to invest in companies at this stage.). This situation is not always in the best interest of founders.

Venture Capital 105

Venture Capital Silicon Valley Founder Seed Stage 105

This is going to be BIG.

MARCH 16, 2020

As a seed stage investor, I know the math. Some key existings who didn’t want to see their prior money get lost wouldn’t budge on a dilutive financing, despite the fact that they knew where we were headed. Half the companies I invest in won’t provide a financial return. The answer, unfortunately, was to declare bankruptcy.

Bankruptcy 103

Bankruptcy Private Equity Seed Stage Dilution 103

ReadWriteStart

JANUARY 28, 2022

The market regards equity as an ownership “share” in a corporation’s income revenue stream. Considering that a warrant is often issued to decrease the cost of a debt issuer, the expiration period is typically more than two years after the warrant is first issued. What is Company Equity? What is startup valuation?

Valuation 108

Valuation Equity Warrant Common Stock 108

Both Sides of the Table

JUNE 29, 2011

If you don’t want to read that post, the summary is: Open source computing drove computing costs down 90%, which spurred innovation in technology. Open cloud led by Amazon with their AWS services drove total operating costs down by 90%. This led to an explosion in startups. But obviously I’m biased.

Venture Capital 296

Venture Capital Software LP Early Stage 296

Both Sides of the Table

OCTOBER 18, 2015

“Trade in an asset at a price that strongly deviates from an asset’s intrinsic value” The arguments against that, “This time the startups have real revenues!” Importantly there will be a real cost for founders of the crowdfunding boomlet. ” ring hollow. So eventually rationality has to occur.

IPO 150

IPO Venture Capital LP SEC 150

View from Seed

OCTOBER 22, 2015

It doesn’t need to be extremely granular with all the minutiae of your expenses, but since employees are most often the overwhelming cost-drivers — and there aren’t too many early on in a company’s life — it’s prudent to build the expense lines on an employee by employee basis. Here are some very simple templates courtesy of Guy Kawasaki.

Seed Capital 120

Seed Capital Seed Stage Demand Finance 120

rapidrollout.wordpress.com

OCTOBER 23, 2010

Or you can find seed-stage investors who will give you the money to hire a developer. You’re asking someone to take a chance that with the code they deliver you can get funding or gain some revenue traction. That’s why you need to be looking for seed-stage investors at the same time as technologists.

Technical Review 40

Technical Review Fractional CTO Partner CTO Hire 40

YoungUpstarts

JANUARY 6, 2014

Instead of the old “throw-money-at-a-good-idea” approach, I based our strategy on the belief that the best startups are the ones that can become revenue-positive shortly after takeoff with as little upfront investment as possible.

San Francisco 154

San Francisco Business Model Silicon Valley Coder 154

BeyondVC

FEBRUARY 12, 2014

BOLDstart helps founders at the seed stage accelerate their growth from idea/ alpha phase to product market fit and successful Series A round. helps founders at the seed stage accelerate their growth from idea/ alpha phase to product market fit and successful Series A round”.

Seed Stage 110

Seed Stage Agile Viral API 110

Agile VC

FEBRUARY 2, 2012

I’ll focus for now on the business itself, there’s plenty of other info on the web if you care to understand the equity ownership or financing history of Facebook and frankly this has been fairly well known for awhile. ==. Financial Snapshot : 2011 Revenue: $3.71 2011 YoY Revenue Growth: 88%. Facebook, Inc.

IPO 100

IPO South Korea Venezuela Revenue 100

Both Sides of the Table

SEPTEMBER 27, 2010

Now we can call you a seed-stage VC or a micro VC. What micro VCs need to consider is what happens when several of your companies want to grow and require VC financing? Or when the economy turns downward and they all need financing extensions? If you invest it in startups you’re a VC professional money manager.

Silicon Valley 308

Silicon Valley Liquidity Event Seed Stage Finance 308

Women Entrepreneurs Can

MAY 9, 2019

These folks are accessible across any industry and are particularly useful for entrepreneurs who have moved beyond the seed stage of financing, but don’t yet have the significant revenue needed to court venture capital funding. Solid Organizational Processes. You’ve Read The Fine Print.

Programming 40

Programming Sweat Equity Startup Private Equity 40

pandodaily.com

NOVEMBER 29, 2012

Lastly, seed-stage entrepreneurs who have pushed for the maximum valuation possible haven’t done themselves any favors. As a result, Pandora is nowhere near profitable at more than $103 million in quarterly revenue, paying more than half of this sum to labels for content licenses. Source VentureBeat ]. - November 29, 2012.

Technical Review 93

Technical Review Silicon Valley Incubator Syria 93

This is going to be BIG.

JUNE 2, 2010

And yes, this post may seem self-serving, since I work at a seed-stage investment fund. Historically, that was one where the business was clear and there was some initial revenue, even if slight. Are you so bearish on your ability to execute off of your originally intended seed round that you need 2x “just in case”?

Cap Table 106

Cap Table Seed Stage .Net Venture Capital 106

www.currentlyobsessed.com

MAY 28, 2010

Other factors such as your team, the market you are in, your ability to execute, and in fact other terms in your term sheet are much, much more important to your outcome and financial outcome than is the valuation of your company at the time of financing. I know this sounds crazy, but it’s not. That’s a nice way of putting it.

Valuation 42

Valuation Channel Pre-Money Valuation Term Sheet 42