Both Sides of the Table

APRIL 3, 2010

I know many super experienced entrepreneurs who don’t understand the basics of how fund size and age can affect them so I thought it was worth establishing a baseline. In a world of The Funded, VentureHacks and entrepreneur blogs this kind of informations spreads like wildfire. We used the Y Combinator open source term sheet.

Venture Capital 265

Venture Capital Term Sheet Early Stage Silicon Valley 265

Professor VC

APRIL 1, 2010

was part of a Dow Jones VentureWire webinar last week titled Negotiating An Angel Deal: What Angels, Entrepreneurs & VCs Need to Know. I let him know that he just accomplished two things - left a bad taste with the entrepreneur and opened the door for the next investor to ask for a multiple preference that is senior to yours.

Term Sheet 32

Term Sheet Angel Investor San Jose Venture Capital 32

Agile VC

FEBRUARY 28, 2012

Startups in NextView’s portfolio frequently receive inbound interest from other VC investors who are intrigued about what they’re doing, and I often talk with other early-stage entrepreneurs how to approach similar situations. Im a former Silicon Valley entrepreneur turned East Coast VC. Author howerl.

Early Stage 100

Early Stage Syndicate Syndication Silicon Valley 100

Rob Go

JULY 17, 2014

NextView Ventures II is $40M, twice the size of our first fund, and we continue to be exclusively focused on seed-stage companies pursuing internet-enabled innovation. As former operators and product-oriented entrepreneurs, Dave, Lee, and I tend to think of our firm as a startup company and our approach to investing as our product.

Seed Stage 69

Seed Stage Early Stage Due Diligence Liquidity Event 69

Berkonomics

DECEMBER 17, 2020

Let’s take a few minutes to examine the kind of equity financing available to small or early stage businesses. There are other classes of equity investors for small or early stage businesses that we have not yet considered. Some can supply more when syndicating with other such groups. Friends and family investors.

Equity 62

Equity Finance Liquidity Event Angel Groups 62

Both Sides of the Table

AUGUST 1, 2010

There is a structural reason that VCs are investing at early stages, 2. Many firms do it in a way that can be more detrimental to entrepreneurs. There are positive benefits to the right VCs being involved early – especially if your company or the economy hits bumps in the road. Short summary of my posts: 1.

Post-Money Valuation 298

Post-Money Valuation Term Sheet Warrant Partner 298

Both Sides of the Table

FEBRUARY 25, 2010

A reminder that it is important for all entrepreneurs is to remember to be careful about “deal drift.” We had many term sheets (it was 1999 and we had a pulse) and we were deciding which one to take. We were trying to optimize around a few criteria: price, size of round, number of syndicate partners and, of course, terms.

Technical Review 301

Technical Review Term Sheet Due Diligence Venture Capital 301

David Teten

DECEMBER 3, 2019

Small investment firms often have interns and entrepreneurs in residence passing through, each of which is a security risk. Chris Dixon, Partner, A16Z, observes , “Success in VC is probably 10% about picking, and 90% about sourcing the right deals and having entrepreneurs choose your firm as a partner”. 2) Market .

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Professor VC

JUNE 20, 2011

There are definitely some lessons in the story for entrepreneurs and angel investors, but before discussing, I thought Id share a bit about the early financing history for iControl. At this time, we had secured a term sheet from a co-investor from one of my other angel investments (Thanks, Graeme!)

San Jose 28

San Jose Angel Investor Term Sheet Venture Capital 28

View from Seed

OCTOBER 22, 2015

Theoretically, a firm can pass on a startup anywhere prior to closing (term sheets truly are non-binding from a contractual standpoint). Good VCs try to pass as quickly as possible once they decide on that outcome, in order to be respectful of an entrepreneur’s time. The ultimate reference is through a portfolio founder.

Term Sheet 120

Term Sheet Due Diligence Seed Stage Seed Capital 120

Berkonomics

APRIL 3, 2014

There are three classes of equity investors for early stage businesses that we have not yet considered. And even though angel groups syndicate their best deals within their respective associated networks, it is always best to apply to the angel groups nearest your physical location.

Equity 92

Equity Finance Liquidity Event Angel Groups 92

Feld Thoughts

JULY 14, 2015

But instead of adding it on to the note or doing an equity round with a price, which could still be an early stage price but below the cap, they make the argument that since the company couldn’t raise a round, the company is worthless. So they recapitalize the company.

Recapitalization 70

Recapitalization Pre-Money Valuation Post-Money Valuation Angel Investor 70