www.quora.com

JANUARY 16, 2011

Find Questions, Topics and People Add Question Add Question Venture Capital Venture Capital Term Sheets Startups Term Sheets What are examples of good startup term sheets? Ycombinator open source term sheet is a good start for Seed deals. Was hoping to link to just the term sheet.

Term Sheet 41

Term Sheet Startup Angel Investor Wiki 41

Both Sides of the Table

DECEMBER 17, 2009

This is part of my new series on what makes an entrepreneur successful. I originally posted it on VentureHacks , one of my favorite websites for entrepreneurs. Ability to Pivot – I don’t like to invest in people that I’ve never met before who come through my office wanting to have a term sheet within 30 days.

Entrepreneur 291

Entrepreneur Term Sheet Early Stage Affiliate 291

Both Sides of the Table

FEBRUARY 14, 2010

Back in November I agreed with Nivi over at VentureHacks to do a series on the ten most important attributes of a successful entrepreneur. Unfortunately, I don’t believe it is perfectly correlated with what it takes to be a successful entrepreneur. Tags: Entrepreneur Advice Start-up Advice Startup Advice.

Technical Review 284

Technical Review Due Diligence Entrepreneur Early Stage 284

NZ Entrepreneur

AUGUST 4, 2021

And if you’re a high-growth startup looking to get off the ground or expand, it’s likely you’ll need an injection of capital to do that. Lead investors and term sheets. Those investors interested in becoming lead will issue what’s called a term sheet – this details the terms they’re willing to invest on.

Technical Review 61

Technical Review Software Review Founder Due Diligence 61

View from Seed

APRIL 30, 2015

There’s been a lot of digital ink spilled around the various types of capital available to startups today. As a startup grows, venture debt becomes a viable option to continue that growth. Glen is an active contributor to the local tech ecosystem and well-versed in how and when startups can use venture debt to their advantage.

Term Sheet 120

Term Sheet Equity Startup Seed Stage 120

Both Sides of the Table

APRIL 13, 2011

There was a lot of consumer internet activity again…resurgence of things, but it was still mysterious, venture capital was still kind of closed, 1st time entrepreneurs had a lot of questions that were unanswered, and there was still some sort of hand waiving around all the financing stuff and so we took it on….”. Is that when it became big?

Technical Review 288

Technical Review Venture Capital Silicon Valley Software Review 288

Both Sides of the Table

JANUARY 21, 2010

I recently read a post over on VentureHacks titled, “ Top Ten Reasons Entrepreneurs Hate Lawyers &# written by Scott Walker (who blogs on legal issues for entrepreneurs ). I write about some of the lessons in my post on Startup Mistakes. They want to lock in future clients at an early stage.

Southern California 318

Southern California Silicon Valley IP Stock Options 318

David Teten

AUGUST 19, 2019

Though RBI will displace some traditional equity VC, its much bigger impact will be to expand the pool of capital available for early-stage entrepreneurs. . However, only recently have early-stage companies started to use this model at any scale. . So what is Revenue Based Investing?

Revenue 60

Revenue Term Sheet Founder Technical Review 60

View from Seed

SEPTEMBER 4, 2018

It occurred to me that although we mentioned our new thematic approach when we raised our last fund in 2017, we haven’t really shared a broader manifesto about how we are approaching the early stage market. It’s been an interesting several years in the early stage venture eco-system, and the sands have shifted considerably.

North America 120

North America Seed Stage Early Stage Lead Investor 120

YoungUpstarts

OCTOBER 12, 2017

To outside investors, the future of early stage and startup companies can be murky. Many of these companies are pre-revenue and in the cash burn stage as they try to establish their technology and market. For many startups this results in a need to raise additional financing through debt or equity arrangements.

San Francisco 133

San Francisco Forecast Early Stage Term Sheet 133

The Next Web

SEPTEMBER 13, 2013

Thomas Clayton has started and run numerous high-tech startups in Silicon Valley. He is currently CEO of Bubbly , a social media startup backed by Sequoia Capital, SingTel Innov8, and JAFCO. The company is one of the largest VC–backed startups in Southeast Asia, having raised over $60M in funding. Sequoia , Accel , NEA , etc.).

Asia 132

Asia Silicon Valley India Term Sheet 132

David Teten

JANUARY 19, 2021

More and more startups are pursuing Revenue-Based VCs , but “RBI” doesn’t fit everyone. Long-term alignment : Many Flexible VCs retain a small residual stake in the company after the return cap is reached, driving alignment well beyond the horizon of the revenue share, similar to the long-term orientation of equity VC.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Agile VC

MAY 26, 2011

AGILEVC My idle thoughts on tech startups. This also appears as a guest post at Fortune’s Term Sheet. Salesforce.com is a startup with 76,000 subscribers (over 2.1M It’s truly a privilege to have known him for more than a decade as my mentor, boss, and friend going back to the early PayPal days.

Term Sheet 178

Term Sheet Silicon Valley Technical Review Social Network 178

View from Seed

MAY 31, 2023

A couple of years later, as reported by the Harvard Business Review in 2011 , a survey of ~500 entrepreneurs in the UK found that serial founders frequently refrain from learning from their failures to minimize the psychological impact. raising $1M in venture funding for a startup that was liquidated 2.

Silicon Valley 156

Silicon Valley Cofounder Term Sheet Founder 156

VC Cafe

OCTOBER 23, 2010

B ack in March, Andreessen Horowitz and Fenwick & West, LLP published a series of documents that would help structure early stage investments in startups. Seed Term Sheet Series Seed Term Sheet (v 2.0).

Early Stage 79

Early Stage Term Sheet Preferred Stock Equity 79

Mucker Lab

AUGUST 27, 2014

As an entrepreneur himself, founding and operating printed circuit board factories in Taiwan, my father was debating between two places to immigrate to and build his next new venture: Los Angeles (“The Valley” aka San Fernando Valley) and Santa Clara (“Silicon Valley”).

Los Angeles 138

Los Angeles Southern California Silicon Valley Technical Review 138

Startup Professionals Musings

JULY 3, 2014

As an Angel investor to startups, I’m still surprised to find entrepreneurs who expect investors to give them money, and then disappear into the sunset. Angel and venture capital money always comes with strings attached, starting with the obvious ones outlined in the term sheet for the deal.

Term Sheet 237

Term Sheet Advisory Board Liquidation Preference Startup 237

Startup Professionals Musings

APRIL 22, 2012

A few angel investors have slipped or fallen from their lofty perch, so entrepreneurs must take great care to validate the character and reputation of every prospective investor. The entrepreneur’s tendency to be in a huge hurry to obtain the funding can end up being disastrous, and play into the hands of these less scrupulous investors.

Angel Investor 281

Angel Investor Term Sheet Entrepreneur Due Diligence 281

YoungUpstarts

OCTOBER 28, 2015

This past summer, the Lightspeed Summer Fellowships program invited selected guests to provide aspiring entrepreneurs a perspective into all aspects of starting a new company. The program provides entrepreneurs the resources and mentoring they need to build their companies and develop their skills. ” The Cost of Financing.

Convertible Security 100

Convertible Security IP Technical Review Software Review 100

Austin Startup

JULY 22, 2021

It’s hard to describe in words the palpable energy when a room is this packed full of incredible female entrepreneurs at the Women in Tech Summit at Capital Factory. On October 4th, five technology startup finalists will pitch to a panel of advisors and judges made up of successful investors, entrepreneurs, and industry leaders.

San Antonio 107

San Antonio Dallas Houston Founder 107

Startup Professionals Musings

SEPTEMBER 10, 2013

None normally work for or provide funds for early-stage startups. For these fees, they will develop a business plan, solicit investors, and negotiate term sheets to a closing. investment bank entrepreneur startup funding IPO' Many investment banks even call themselves “boutiques.” Marty Zwilling.

IPO 205

IPO Silicon Valley Private Equity Initial Public Offering 205

Berkonomics

MAY 22, 2014

In most cases, those entrepreneurs choosing to raise capital using PPMs retain specialists (many of whom are lawyers) to write their PPMs – a rather expensive undertaking. Angels, as group of accredited investors funding startup companies, are assumed to meet a Regulation D exemption for purchasing equity in private companies.

Early Stage 79

Early Stage Accredited Investor SEC Private Placement 79

Startup Professionals Musings

FEBRUARY 3, 2018

As an angel investor to startups, I’m still surprised to find entrepreneurs who expect investors to give them money, and assume no strings attached. Angel and venture capital money always comes with ownership and management implications, starting with the obvious ones outlined in the term sheet for the deal.

Term Sheet 140

Term Sheet Advisory Board Liquidation Preference Portfolio 140

View from Seed

AUGUST 16, 2019

With the proliferation of multiple seed rounds prior to a Series A, these situations are coming up increasingly in the early stage startup ecosystem. That story is built brick by brick through subtle cues of amounts of insider participation, who issues a term sheet, structure of the financing, etc.

Term Sheet 149

Term Sheet Syndicate Syndication Early Stage 149

Both Sides of the Table

APRIL 17, 2012

Oblong, led by Kwin Kramer, which houses more MIT grads per startup than probably any other in LA. You could argue that choosing the name “first round” paints them into a corner in case they want to ever do a late stage fund, but I suspect they named it FRC precisely because they wanted to excel at early-stage investing.

Community 304

Community Los Angeles Startup Silicon Valley 304

Rob Go

SEPTEMBER 4, 2018

It occurred to me that although we mentioned our new thematic approach when we raised our last fund in 2017, we haven’t really shared a broader manifesto about how we are approaching the early stage market. It’s been an interesting several years in the early stage venture eco-system, and the sands have shifted considerably.

North America 36

North America Seed Stage Early Stage Lead Investor 36

Austin Startup

MARCH 16, 2021

Greetings from Houston Mural located in Houston Heights If your startup is located in the Houston region you may be eligible to compete for a $50,000 investment! Startups, submit your application Capital Factory Ventures Application Who Can Apply? Application deadline is April 26. Want a chance to pitch?

Houston 80

Houston San Antonio Dallas Texas 80

Startup Professionals Musings

MAY 26, 2013

A few angel investors have slipped or fallen from their lofty perch, so entrepreneurs must take great care to validate the character and reputation of every prospective investor. The entrepreneur’s tendency to be in a huge hurry to obtain the funding can end up being disastrous, and play into the hands of these less scrupulous investors.

Angel Investor 263

Angel Investor Term Sheet Due Diligence Early Stage 263

OnlyOnce

OCTOBER 31, 2013

If you’re fortunate enough to have built a really strong early stage company, you will find yourself in the position of being able to pick from a number of potential venture investors. And this is true of any negotiation, not just a term sheet. Boards Entrepreneurship Startup CEO Venture Capitalists Fred Wilson'

Valuation 133

Valuation Term Sheet B2C Security 133

Both Sides of the Table

OCTOBER 7, 2014

This is something I think entrepreneurs don’t totally understand and it’s worthwhile they do. There weren’t a lot of seed funds in 2007 so this was often done by angels, funding consortia or sometimes early-stage funds that existed then (First Round Capital, True Ventures, SoftTech VC, etc.). Why the latter?

Cap Table 399

Cap Table Silicon Valley Term Sheet Finance 399

Startup Company Lawyer

MARCH 14, 2010

Founders Institute Plain Preferred Term Sheet (by WSGR – disclaimer, I represent the Founders Institute and was involved in drafting this document). My general opinion is that anything that makes the financing process faster and easier or otherwise educates entrepreneurs is a good thing. (A Legal fees.

Finance 70

Finance Software Review Term Sheet Liquidation Preference 70

Startup Professionals Musings

JANUARY 22, 2011

None normally work for or provide funds for early-stage startups. For these fees, they will develop a business plan, solicit investors, and negotiate term sheets to a closing. Many investment banks even call themselves “boutiques.” Commercial banking is also known as business banking.

Silicon Valley 211

Silicon Valley Private Equity Initial Public Offering Startup 211

Startup Company Lawyer

AUGUST 31, 2012

Over the past few years, convertible debt has emerged as a quick and inexpensive method for startup companies to raise money from angel investors and early stage venture funds. ” As a result, Ted introduced the Series Seed preferred stock documents as an alternative to convertible debt for early stage investments.

Convertible Security 73

Convertible Security Equity Security Preferred Stock 73

Both Sides of the Table

JUNE 5, 2015

Over the years I’ve written extensively about the downsides of convertible notes for startups such as here , here and here. In the old days there usually weren’t convertible notes on early-stage deals and there weren’t party rounds with 20 angels or 6 seed funds. It’s very simple. For me it’s clear.

Pre-Money Valuation 150

Pre-Money Valuation Option Pool Post-Money Valuation Dilution 150

Altgate

OCTOBER 8, 2009

The two most popular posts remain this one on term sheet negotiation and this one on venture debt , although this one on convertible debt is giving them a run for their money. Tips: $75 HOT All-Hands Team Meeting Board Management Tips For Startup CEOs Customer Support 2.0

Term Sheet 39

Term Sheet Technical Review Michigan Liquidation Preference 39

Up and Running

FEBRUARY 19, 2014

Unfortunately, many entrepreneurs end up learning that lesson the hard way. To learn some common legal pitfalls we’d all be better off avoiding, we asked nine founders from the Young Entrepreneur Council (YEC) what unexpected things they found themselves needing lawyers for in the early stages of their startups.

Non-disclosure Agreement 97

Non-disclosure Agreement NDA Term Sheet Early Stage 97

Startup Professionals Musings

AUGUST 16, 2015

As an angel investor to startups, I’m still surprised to find entrepreneurs who expect investors to give them money, and assume no strings attached. Angel and venture capital money always comes with ownership and management implications, starting with the obvious ones outlined in the term sheet for the deal.

Term Sheet 120

Term Sheet Advisory Board Liquidation Preference Angel Investor 120