Remove Distribution Remove Hiring Remove Term Sheet Remove Venture Capital
article thumbnail

Want to Know How VC’s Calculate Valuation Differently from Founders?

Both Sides of the Table

Back in 1999 when I first raised venture capital I had zero knowledge of what a fair term sheet looked like or how to value my company. Due to competitive markets we ended up with a pretty good term sheet until we needed to raise money in April 2001 and then we got completely screwed. No hidden terms.

Valuation 405
article thumbnail

Brad Feld Drops Knowledge. Here’s What He Said …

Both Sides of the Table

Yeah, that was when I changed for me…” “…there was so much positive feedback on demystifying this one element of venture capital. So we have five themes – Digital Life and Distribution are the other two.”. Distribution. Brad’s start in Venture Capital. Is that when it became big? was starting. was starting.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Myth Busters: Debunking Seven Conventional Wisdom Maxims of Venture Capital

Genuine VC

Compared to most other areas of finance, venture capital is practiced as more of an art, as opposed to a science. The art of venture capital also means that for entrepreneurs raising it, there isn’t one definitive playbook which can be used as a guide. MYTH: Goal of entrepreneur’s VC fundraising is a term sheet.

article thumbnail

The NextView Ventures Manifesto

View from Seed

As the venture capital industry has evolved, more and more seed investors are passing on traditionally “seed stage” startups because there isn’t enough traction. As seed funds have raised larger and larger funds, more have developed the muscle around issuing term sheets and “leading”. And by early, we mean pre-traction.

article thumbnail

WTF is Traction? A 6-Step Relationship Guide to VC

Both Sides of the Table

They tell you that they’re working on biz dev deals with distribution partners and they get the deals signed. They hire key staff. And I know many stories of Benchmark or similar investors writing term sheets after the first meeting. They tell you they’re going to ship product and they do. Neither is the norm.

article thumbnail

A conversation with Scott Kupor of Andreessen Horowitz, author and speaker at Lean Startup Conference 2019

Startup Lessons Learned

He’ll be speaking at this year’s Lean Startup Conference , and also has a new book (for which I very happily wrote a short foreword) coming out next month: Secrets of Sand Hill Road: Venture Capital and How to Get It. What is venture capital, really? And what does a venture capital firm do?

Lean 108
article thumbnail

Philosopher Versus MBA

Reid Hoffman

If they don’t have the right skills or resources, they’ll pick them up along the way by hiring someone, partnering with someone, or just learning it themselves. I was still unprepared; I had no idea that I also needed to learn about go-to-market strategy and distribution. VENTURE CAPITAL AND THE MBAS OF SILICON VALLEY.