SoCal CTO

JULY 13, 2010

Creating Incremental Strategic Value - Ask the Angels , June 17, 2010 We can easily overlook the level of demand pull when we are assessing strategic value. liquidation preference. Saving time in preparing for board meetings - Fred Destin , June 11, 2010 Some of the startup companies I work with do awesome board presentations.

Cofounder 175

Cofounder Technical Cofounder Term Sheet Startup 175

Tim Keane

JANUARY 12, 2010

  Investors sometimes “present” the terms they’d like and expect the entrepreneurs to react. Now that I’m more often on the other side of the term-sheet, I’ve tried to present term-sheets to entrepreneurs accompanied by a philosophical explanation of what I’m proposing, and why.   First , dividends.

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

abovethecrowd.com

APRIL 20, 2016

Why the Unicorn Financing Market Just Became Dangerous…For All Involved. By the first quarter of 2016, the late-stage financing market had changed materially. Investors were becoming nervous and were no longer willing to underwrite new Unicorn-level financings at the drop of a hat. This is uncharted territory.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

The Startup Lawyer

JUNE 9, 2010

A startup’s Series A financing shouldn’t be a large liquidity event or salary payday for the startup’s founders. Earlier this year, this issue presented itself when a client was the lead investor in a Series A round of about $2MM at a $4MM pre-money. Not all startup founders understand this tenet. Case Study.

Salary 99

Salary Term Sheet Liquidation Preference Liquidity Event 99

Spencer Fry

APRIL 17, 2017

I was known as "the bootstrapper" for years and have written numerous articles about it, spoken on panels, and more, but 2017 presents a whole new set of challenges. What I worry about is the demand on every one of your potential customer’s attention and time. Let’s start with what’s “good” about raising money.

Bootstrapping 63

Bootstrapping Cap Table Liquidation Preference Cofounder 63

Professor VC

JULY 25, 2013

Mike Markkula presenting Steve Jobs with first investment in Apple I recently watched an excellent documentary on PBS, Something Ventured: Risk, Reward, and the Original Venture Capitalists. Their response was that we should be happy they didn''t ask for a participating preference on top of the seniority.

Term Sheet 46

Term Sheet Silicon Valley Syndicate Syndication 46