View from Seed

AUGUST 17, 2021

You’ll never have the staying power to commit when things get tough or to get really good and build real differentiation if you just keep jumping to the next new thing. It’s conventional wisdom to say that it doesn’t, and that startups should keep their head down and execute.

IRR 156

IRR Dilution Founder Portfolio 156

This is going to be BIG.

NOVEMBER 28, 2021

Over the last two and a half months in the hospital, I’ve actually been fairly productive—no doubt setting the record for VC term sheets offered literally from inside the NICU (three). In fact, it’s why many startup folks leave the early stage world to go over to the big company side—because the benefits tend to be much better.

Hiring 192

Hiring Early Stage Marketing Term Sheet 192

View from Seed

AUGUST 17, 2021

You’ll never have the staying power to commit when things get tough or to get really good and build real differentiation if you just keep jumping to the next new thing. It’s conventional wisdom to say that it doesn’t, and that startups should keep their head down and execute.

IRR 136

IRR Dilution Founder Portfolio 136

Both Sides of the Table

MARCH 8, 2018

We do this not just because it’s the right thing to do but also we believe it will help drive large and differentiated returns. If you’re an entrepreneur who would like to see this clause in more startups please ask your VC to include it in future term sheets and link to it from their home page. “We

Term Sheet 284

Term Sheet Los Angeles Open Source Portfolio 284

Steve Blank

JANUARY 4, 2010

A lot of entrepreneurs think that their startup is the next big thing when in reality they’re just building a small business. How can you tell if your startup has the potential to be the next Google, Intel or Facebook? A first order filter is whether the founders are aiming for a scalable startup. The Scalable Startup.

Hockey Stick 293

Hockey Stick Venture Capital Startup Cofounder 293

Startup Company Lawyer

MARCH 14, 2010

Founders Institute Plain Preferred Term Sheet (by WSGR – disclaimer, I represent the Founders Institute and was involved in drafting this document). This post assumes that you have a basic understanding of Series A financing terms. Y Combinator Series AA Equity Financing Documents (by WSGR). Why is it called Series Seed?

Finance 70

Finance Software Review Term Sheet Liquidation Preference 70

www.bothsidesofthetable.com

MAY 13, 2012

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. Often I’m asked by startup CEO’s about how to best build an engineering team.

Fractional VPE 89

Fractional VPE Part-Time VPE Fractional CTO CTO Hire 89

Both Sides of the Table

JUNE 28, 2011

When we talk about cloud computing we have to be careful to differentiate between open cloud (services the are provided solely to for the economic purpose of building a cloud business) and the “platform cloud&# where certain service providers offer cloud services wrapped around their core product. Enter Amazon.

Venture Capital 334

Venture Capital Software PHP Open Source 334

This is going to be BIG.

MAY 26, 2022

They’ll obviously see the value of what you built and will be compelled to offer a term sheet on the spot. So how can founders differentiate? You’re going to encounter lots of things you don’t know along your startup journey. That’s just not how it works. They’re not buying your past history.

Founder 104

Founder .Net Term Sheet Aggregator 104

View from Seed

MAY 12, 2015

Start with the firms of whatever city you’re in that have a history of investing in the stage and sector of your startup, then augment with additional firms outside your home geography which may have a strong particular fit with your company. ultimately, a term sheet) when pitching any given firm? Always think about fit.

Partner 120

Partner Term Sheet Reputation Deal Flow 120

Startup Professionals Musings

MARCH 12, 2023

Too many entrepreneurs tell me they are looking for an investor, and can’t differentiate between venture capital (VC) investors versus accredited angel investors. They fail to realize that the considerations are quite different for each, which can make or break their investment efforts, and ultimately their startup.

Angel Investor 246

Angel Investor IRR Venture Capital Valuation 246

Up and Running

AUGUST 21, 2014

You can view the steps of the certification process here, but a general overview is that you file an impact assessment and receive a rating from B lab, make sure you are fulfilling the appropriate legal requirements (which vary by state, country and—if you’re not a startup—existing structure), and sign a declaration and term sheet.

Rhode Island 110

Rhode Island South Carolina Delaware Arkansas 110

Both Sides of the Table

FEBRUARY 25, 2010

We had many term sheets (it was 1999 and we had a pulse) and we were deciding which one to take. We were trying to optimize around a few criteria: price, size of round, number of syndicate partners and, of course, terms. We ended up agreeing a term sheet for $16.5 6 weeks’ later he didn’t have other term sheets.

Technical Review 301

Technical Review Term Sheet Due Diligence Venture Capital 301

Startup Professionals Musings

JUNE 13, 2020

Too many entrepreneurs tell me they are looking for an investor, and can’t differentiate between venture capital (VC) investors versus accredited angel investors. They fail to realize that the considerations are quite different for each, which can make or break their investment efforts, and ultimately their startup.

Angel Investor 314

Angel Investor Entrepreneur IRR Valuation 314

reidhoffman.org

NOVEMBER 12, 2013

It has many stylistic errors — and a few substantive ones, too — that I would now change having learned more, but I realized that it still provides useful insights for entrepreneurs and startup participants outside of the Greylock network, particularly across three areas of interest: how entrepreneurs should approach the pitch process.

Entrepreneur 111

Entrepreneur Revenue Viral Networking 111

Both Sides of the Table

JANUARY 16, 2012

You need to build genuine relationships with these portfolio startup founders as well as trust with them and the rest will follow. If they see you when you’ve already got your first term sheet and they’ve got 3 weeks to decide then by definition they have no relationship with you. Earn the right to the intro.

Developer 366

Developer Silicon Valley PR Las Vegas 366

Startup Professionals Musings

JUNE 5, 2016

Too many entrepreneurs tell me they are looking for an investor, and can’t differentiate between venture capital (VC) investors versus accredited Angel investors. They fail to realize that the considerations are quite different for each, which can make or break their investment efforts, and ultimately their startup.

Angel Investor 120

Angel Investor IRR Valuation Startup 120

Startup Professionals Musings

AUGUST 2, 2014

Too many entrepreneurs tell me they are looking for an investor, and can’t differentiate between venture capital (VC) investors versus accredited Angel investors. They fail to realize that the considerations are quite different for each, which can make or break their investment efforts, and ultimately their startup.

Angel Investor 266

Angel Investor Entrepreneur Venture Capital IRR 266

Both Sides of the Table

JANUARY 18, 2011

I learned that he was originally with William Morris as a junior talent rep but wanted to be more in the business of helping digital startups. Within 48 hours of meeting him we had a term sheet agreeing to fund $1.6 When I was an entrepreneur I had a term sheet with True Ventures (my second company) and thought highly of them.

Term Sheet 303

Term Sheet Mobile Cofounder Early Stage 303

mashable.com

JUNE 11, 2013

16 Common Mistakes Young Startups Make. Are you working on a startup? In fact, recent research shows that 75% of startups fail (based on a study of 2,000 startups that received VC funding from 2004 to 2010). Some startups are destined for failure. Whats This? By Lauren Drell 2013-06-10 14:46:07 UTC.

Cofounder 111

Cofounder Technical Review Startup Software Review 111