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15 Steps to Fundraising for Your New Venture Capital or Private Equity Fund

David Teten

Build the firm as much as possible before you solicit limited partners. . Your materials should ideally meet the expectations of the Institutional Limited Partners Association, even if you’re not targeting institutions. Note that limited partners view formatting as a proxy for professionalism.

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Who Should be on Your Startup Board?

Both Sides of the Table

Why you should set up a board at the seed round of funding I know these days with SAFE documents and rolling convertible notes many founders prefer not to set up a board early on. If your metric move immediate up-and-to-the-right? The Limited Partners (LPs) who back funds don’t expect their dollars to be passive.

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VCs eating our own dog food: Using technology and analytics to make better investments

David Teten

That Google document provides cut and pasteable text I can share with other investors, based on their stage, focus, and appetite. . Boardex and Relationship Science make it easier to understand and map social networks into potential limited partners. Cobalt for General Partners helps GPs to optimize their fundraising strategy.

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Revenue-Based Investing: A New Option for Founders who Care About Control

David Teten

Ali Hamed, Managing Partner at CoVenture , said he views RBI VC as “sort of a mix between long-dated Merchant Cash Advance, and corporate credit where lenders are using revenue to predict the ability to service debt”. Note that this is a debt instrument, whereas the two documents below are equity instruments. One-Page Term Sheet.

Revenue 60
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Why You Don’t Want to Give Financial Information to All of Your Investors

Both Sides of the Table

Generally speaking in venture capital financings the legal documents will specify that only “major investors” (a threshold set in the agreement – which can be $500,000 investor or more). There is a reason for this.

SEC 352
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Reinventing the Board Meeting – Part 1 of 2

Steve Blank

Investors get board seats to assure themselves and their limited partners that they are duly informed about their investment. 3) An experienced board brings an extensive network of customers, partners, help in recruiting, follow-on financing, etc. The Wrong Metrics. What do those numbers/metrics look like?

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Why Board Meetings Suck – Part 1 of 2

Steve Blank

Investors get board seats to assure themselves and their limited partners that they are duly informed about their investment. 3) An experienced board brings an extensive network of customers, partners, help in recruiting, follow-on financing, etc. The Wrong Metrics. What do those numbers/metrics look like?