Both Sides of the Table

APRIL 27, 2014

I told my friend that I felt that in 2014 too many new VCs feel the pressure to chase deals, to be a part of syndicates with other brand names and to pounce on top of every startup whose numbers are trending up quickly. You have to decide where to lean in on follow-on rounds. Co-founder discontent. I don’t.

Cofounder 374

Cofounder Syndicate Syndication Early Stage 374

View from Seed

JANUARY 28, 2016

As a founder, you and your team are building value every day, but there are certain step-function moments where the value creation significantly increases. This is the best time to fundraise because that’s when you are able to command a meaningfully higher valuation for your next round to minimize your own dilution.

Cofounder 120

Cofounder Finance Founder Syndicate 120

Rob Go

JANUARY 28, 2016

As a founder, you and your team are building value every day, but there are certain step-function moments where the value creation significantly increases. This is the best time to fundraise because that’s when you are able to command a meaningfully higher valuation for your next round to minimize your own dilution.

Cofounder 28

Cofounder Finance Founder Syndicate 28

Rob Go

MAY 20, 2014

I find that it’s also pretty typical for an existing VC investor to be willing to syndicate the deal with another outside investor. In that case however, the founders might end up taking a lot of dilution. Today, it’s become a tool that is used earlier to better align incentives between founders and investors.

Valuation 76

Valuation Dilution Post-Money Valuation Syndicate 76