View from Seed

SEPTEMBER 14, 2021

The three-question framework goes as such: Q: How much tech-related market cap will be created in the next 10-20 years? For context, seed-stage pre-money valuations are up 24% from H1 2020 to H1 2021. Early-stage valuations are up 70%, and late-stage valuations are up 103% (source Pitchbook ).

Valuation 156

Valuation Pre-Money Valuation Distribution Early Stage 156

David Teten

JANUARY 21, 2021

VI: Revenue-based financing: The next step for private equity and early-stage investment. Jonathan Bragdon , CEO, describes Capacity as “a team of founders-turned-funders making non-dilutive, founder-aligned investments of $50-$300k in post-startup, post-revenue businesses planning to 2X revenues in 12-24 months.

Equity 78

Equity Revenue Cofounder Colorado 78

Feld Thoughts

FEBRUARY 28, 2023

However, the lack of a conversion right also has implications for anti-dilution protection: in the U.S., In Germany, anti-dilution protection is achieved by issuing additional preferred shares. It is not uncommon for companies wanting to go public to relocate their registered office to the USA at an early stage.

Germany 165

Germany Liquidation Preference Option Pool Advisory Board 165

View from Seed

SEPTEMBER 9, 2014

For most of my career, I’ve served startups and early-stage companies as an operating executive or advisor. So when founders lose focus, they dilute their power and effectiveness, which diffuses the force of their impact. When should founders hire one? Based on what criteria? Personality Fit and Working Style.

Hiring 336

Hiring Cofounder Startup Technical Cofounder 336

rapidrollout.wordpress.com

JANUARY 15, 2011

By deciding to use a consulting CTO on a temporary basis, you avoid getting stalled in the earliest stages. And finally, you may be able to avoid diluting your equity. Preserve your equity by using a consulting CTO to ramp up your company before securing early-stage financing and hiring a permanent technology partner.

Fractional CTO 40

Fractional CTO CTO CTO Hire Fractional VPE 40

aweissman.com

JANUARY 30, 2010

There is an amazing wealth of innovation around early stage venture financing, most of which developed in just the past few years. On top of this framework First Round announced last week that they have set up an "exchange fund" for founders of companies they have invested in. If not, the value of the exchange fund is diluted.

Early Stage 46

Early Stage Entrepreneur Cofounder Framework 46

Mucker Lab

SEPTEMBER 7, 2023

The webinar delved into the crucial topic of company culture for early-stage startups. This entails oversimplifying culture by confining it to tangible elements, such as perks and narratives, potentially diluting its essence. The recap of the webinar is listed below with the full webinar recording.

Early Stage 78

Early Stage Seed Stage Leadership Founder 78

Both Sides of the Table

FEBRUARY 22, 2011

While there is no right or wrong answer, having seen the extremes I’d like to offer you a framework for considering the right answer for yourselves. Here’s the problem: Let’s say you have 5 VCs (plus angels but let’s ignore that for now) and each one owns 5% so you took 25% dilution to get the round done.

Dilution 314

Dilution Cap Table Due Diligence Option Pool 314

maplebutter.com

JANUARY 8, 2013

When it comes to early stage investing – it’s all gut. Does it make sense to spend this time speaking about your early stage start-up when your product has not even entered Alpha testing? Typically its way more important to build product, and pull in early users to give you that feedback vs. speaking about it.

Technical Review 44

Technical Review Startup Cofounder Software Review 44

Life Beyond Code

SEPTEMBER 27, 2011

And today, we have a group of early adopter premium members who are making good use of the program. And finally, we have defined 1M/1M as a framework for capitalism 2.0, a distributed, democratic model of capitalism. RS: What makes 1M/1M unique? SM: Every incubator you look at takes pride in how exclusive they are.

Programming 116

Programming Silicon Valley Bootstrapping Technical Review 116

Ben's Blog

MAY 24, 2021

Among the findings are: SPAC dilution amounts to roughly 50% of the cash ultimately delivered to the companies brought public. Today, un-accredited individual investors are permitted under the Crowdfunding rules to invest in early-stage seed companies, but are prohibited from investing in later-stage, pre-IPO companies.

SEC 36

SEC Accredited Investor IPO Technical Review 36

Hunter Walker

NOVEMBER 25, 2022

My framework was a sort of triangle, and here are the three sides: a female computer scientist looking into a crystal ball, digital art [DALL-E]. Well, I’ll probably do my pro rata in the A, then take some dilution, so let’s figure I own 4% when it’s all said and done. 4%, to use same dilution multiple.

Salary 56

Salary Burn Rate Dilution Equity 56