Remove Differentiation Remove Early Stage Remove Pre-Money Valuation Remove Technical Review
article thumbnail

The Changing Structure of the VC Industry

Both Sides of the Table

pre-money valuation you certainly would want to exercise your right to continue investing if you had prorata rights. ” The pioneering fund of funds realize that their source of differentiation is much more about the latter than the former. From a technology perspective our journey is nowhere near over.

article thumbnail

Time is the Enemy of All Deals

Both Sides of the Table

million at a $15 million pre-money valuation. We had people hearing through the grapevine that we were about to raise money and new investors started calling us to get in on the deal. We moved into the legal process and final due diligence in January and February of 2000. Yes, this was stupid. I’ve done it.