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The Founder and Investor Trust Problem: It's not what you think.

This is going to be BIG.

Whenever I submit a term sheet, I always caveat it by saying the following: “This is the one time we’re completely misaligned. VCs aren’t experts at every aspect of a startup at the same level across the board. Founders seem to get that. What I see as your expertise is X and I trust your feedback in that area implicitly.

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Want to Know Difference Between a CTO and a VP of Engineering?

www.bothsidesofthetable.com

Want to Know Difference Between a CTO and a VP of Engineering? I recently did a post for startups on understanding sales people. A few people asked me to try and define the perfect startup organization chart. But I do have more insight into understanding your startup team. Every great tech startup needs one.

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Remind Me Why I Love You? (Why “In Person” is Everything)

Both Sides of the Table

You race back to the office to tell everybody how well it went and you wait for the follow-up call to have a partners’ meeting or talk about term sheets or at least dip into due diligence. Last time we met I didn’t have my CTO with me. Would it be alright if I brought her by your offices for a super quick coffee?”

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Want to Know How VC’s Calculate Valuation Differently from Founders?

Both Sides of the Table

Back in 1999 when I first raised venture capital I had zero knowledge of what a fair term sheet looked like or how to value my company. Due to competitive markets we ended up with a pretty good term sheet until we needed to raise money in April 2001 and then we got completely screwed. No hidden terms.

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The NextView Ventures Manifesto

View from Seed

As the venture capital industry has evolved, more and more seed investors are passing on traditionally “seed stage” startups because there isn’t enough traction. As seed funds have raised larger and larger funds, more have developed the muscle around issuing term sheets and “leading”. Belief #1: The best time to invest is early.

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Retro: My Favorite Blog Post on Raising VC

Both Sides of the Table

On December 2nd, 2006 I wrote the blog post published later in this post when I was CEO of startup Koral about my experiences in pitching VCs. Another called Parker Harris, the co-founder and CTO. The other 3 are still pending but since I am close to agreeing a term sheet it doesn’t make sense to pursue things at this stage.

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Our Investing Manifesto at NextView

Rob Go

As the venture capital industry has evolved, more and more seed investors are passing on traditionally “seed stage” startups because there isn’t enough traction. As seed funds have raised larger and larger funds, more have developed the muscle around issuing term sheets and “leading”. Belief #1: The best time to invest is early.