This is going to be BIG.

APRIL 13, 2022

Whenever I submit a term sheet, I always caveat it by saying the following: “This is the one time we’re completely misaligned. I’m incentivized to buy up as much of the company at as low a price as possible and you’re incentivized to sell as little of the company as possible by raising the price.”. Founders seem to get that.

Founder 159

Founder Fiji CTO Hire Term Sheet 159

www.bothsidesofthetable.com

MAY 13, 2012

Want to Know Difference Between a CTO and a VP of Engineering? Because more technology people probably read startup blogs I’m guessing this post will come under more scrutiny. I hope many will read this and have an answer for the question, “what’s the different between a CTO and a VP of Engineering?”

Fractional VPE 89

Fractional VPE Part-Time VPE Fractional CTO CTO Hire 89

Both Sides of the Table

JULY 22, 2010

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.

Valuation 405

Valuation Liquidation Preference Pre-Money Valuation Term Sheet 405

Both Sides of the Table

MAY 9, 2018

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?”

Software Review 381

Software Review Churn Rate Due Diligence New York 381

View from Seed

SEPTEMBER 4, 2018

As seed funds have raised larger and larger funds, more have developed the muscle around issuing term sheets and “leading”. The question then becomes whether these lead investors remain impactful after the deal closes or shifts into a mode of monitoring progress and hunting for the next deal. .

North America 120

North America Seed Stage Early Stage Lead Investor 120

Both Sides of the Table

OCTOBER 19, 2009

Another called Parker Harris, the co-founder and CTO. My blog linked to Brad Feld’s blog because I was so grateful for his series on term sheets and he was one of the biggest reasons that as a VC I felt compelled to blog. In case VC’s haven’t figured this out yet, shit rolls downhill. Biggest lessons ….

Venture Capital 274

Venture Capital Term Sheet San Diego Viral 274

Rob Go

SEPTEMBER 4, 2018

As seed funds have raised larger and larger funds, more have developed the muscle around issuing term sheets and “leading”. The question then becomes whether these lead investors remain impactful after the deal closes or shifts into a mode of monitoring progress and hunting for the next deal. .

North America 36

North America Seed Stage Early Stage Lead Investor 36