View from Seed

FEBRUARY 23, 2021

For early stage VC ‘s, Syndication is the process of sharing investments with other potential co-investors. The classic scenario is when a VC has a signed term sheet to lead a round, but has left room open for another meaningful investor. When I started in venture, syndicating deals was fairly common.

Syndicate 209

Syndicate Syndication Term Sheet Cofounder 209

View from Seed

JULY 8, 2020

Now many Founders face a situation where they have raised a pre-seed or seed round from a multitude of investors (both angels and institutional groups) on SAFEs or convertible notes — without a term-driving lead investor who serves on the company’s Board of Directors. Download Board Deck Template.

Email 331

Email Seed Stage Syndicate Syndication 331

Pascal's View

JULY 9, 2017

Andrew Krowne and I recently co-wrote an article in Tech Crunch , Why SAFE Notes Are Not Safe for Entrepreneurs. At its core, this issue points to the lack of understanding about the importance of post-money valuation by both entrepreneurs and investors. All of these items are postponed until the elusive priced equity round.

Post-Money Valuation 49

Post-Money Valuation Valuation Cap Table Covenant 49

mashable.com

NOVEMBER 2, 2011

AngelList is brilliantly designed to make it easy for investors to write checks to entrepreneurs. Naval and Nivi , the founders of AngelList, took the very best social mechanics from Facebook , Twitter and LinkedIn to create a “social proof” that ultimately makes investors comfortable writing checks. About Us.

Social Media 80

Social Media Startup Angel Investor RSS 80

David Teten

JUNE 12, 2014

We saw over time that our investor group, just like Angel List and most other angel groups, was good at syndication and not so good at leading rounds. As a result, we launched the Fast Track program, which helps VCs and active investors who are HBSAANY members to syndicate rounds with value-added members of our network.

New York 114

New York Connecticut Angel Groups Florida 114