Both Sides of the Table

DECEMBER 13, 2010

It’s why as an investor I look for talented teams with long-term vision, a unique point-of-view, differentiated IP and a desire to build something enduring. Don’t be psyched out by your competitors big financing round, latest product release or business development deal. Double-down on great people, process & IP.

Turkey 302

Turkey Differentiation IP Technical Review 302

David Teten

JANUARY 19, 2021

Seed-stage compatible: Like traditional equity VC investors, Flexible VCs accomodate early-stage investment risk within their portfolios better than a traditional RBI funder. Early-stage: Cofounder with engineering/ product background from top-tier university or major technology company. Short track record.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Both Sides of the Table

MAY 2, 2015

What I love about my job is getting to see teams of super-early-stage companies develop ideas that while raw have potential to make an impact on the market. A great finance leader is on top of your numbers with such precision that you don’t have to worry about it. Legal threats from other IP holders?

Operations 150

Operations Metrics Early Stage Non-Compete 150

Berkonomics

DECEMBER 20, 2018

Why are you so strongly sold on royalty licensing as the most effective way to finance a tech-based early stage company? Email readers, continue here…] Arthur: This is a matter between the owner of your IP (you) and the would-be user of your IP.

IP 54

IP Intellectual Property Investment Bankers Product 54

The Startup Magazine

JUNE 20, 2023

It’s also imperative to conduct regular audits of your IP assets and keep them up-to-date. Drafting a robust IP strategy with legal counsel at an early stage will help prevent problems down the road while setting clear expectations for employees about appropriate behavior regarding confidential information & data sharing practices.

Intellectual Property 122

Intellectual Property Non-disclosure Agreement IP Startup 122

Berkonomics

DECEMBER 20, 2018

Why are you so strongly sold on royalty licensing as the most effective way to finance a tech-based early stage company? Email readers, continue here…] Arthur: This is a matter between the owner of your IP (you) and the would-be user of your IP.

IP 48

IP Intellectual Property Investment Bankers Product 48

VC Cafe

JANUARY 24, 2012

Reports on the drop of local VC financing in Israel don’t tell the whole story. Pure technology companies focus on IP, and need to compete with emerging markets, offering cheaper labor and potentially better economies of scale. Mid and later stage companies attracted $1.48 billion raised in 2009.

Technical Review 111

Technical Review IPO Seed Stage 111

David Teten

MARCH 14, 2018

Another example is Correlation Ventures ($300M+ AUM), a VC firm which co-invests in financings with at least one other new outside VC. The firm attracts deal flow by promising a decision (positive or negative) in under 2 weeks, with minimal paperwork and without repeating due diligence. Previously posted on PEHub.

Private Equity 60

Private Equity Venture Capital Equity Cofounder 60

VC Cafe

JANUARY 24, 2012

Reports on the drop of local VC financing in Israel don’t tell the whole story. Pure technology companies focus on IP, and need to compete with emerging markets, offering cheaper labor and potentially better economies of scale. Mid and later stage companies attracted $1.48 billion raised in 2009.

Technical Review 60

Technical Review IPO Seed Stage 60

VC Cafe

NOVEMBER 18, 2020

There is a growing body of literature that applies the work of Kahneman, behavioural economics and cognitive psychology more broadly, to the world of entrepreneurial finance. It’s not about gaming the system, but about covering your bases.

Intellectual Property 179

Intellectual Property IP Early Stage Venture Capital 179

Both Sides of the Table

SEPTEMBER 18, 2014

It’s like we need a finance 101 course for entrepreneurs. In finance they call it “terminal value” but the truth is the price is as arbitrary at your A round as it is at your seed round. There are a bunch of ways to offer cheaper pricing to people who commit early without notes. There were no metrics.

Venture Capital 417

Venture Capital Liquidation Preference Valuation Term Sheet 417

Both Sides of the Table

JUNE 8, 2014

To interconnect these computers we needed IP-based telecommunications equipment build by the likes of Cisco Systems and Juniper Networks. This can have an enormous benefit to kick-starting a local startup community as it will ensure many more early-stage at-bats happen locally. None of us are derivatives of Silicon Valley.

Silicon Valley 390

Silicon Valley Kansas City Startup Venture Capital 390

Both Sides of the Table

JUNE 5, 2015

I am reminded of this problem every time my firm does a financing where a note went before us but more specifically I was reminded by this great post by Brad Feld to talk about the pre-money vs. post-money conversion issue. So how DOES a VC think about financings at early stages? It’s very simple. Size of my check.

Pre-Money Valuation 150

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

mashable.com

OCTOBER 16, 2010

All of this is according to Paul Graham, co-founder of the early-stage investment fund Ycombinator. We are coaching VCs and Angel Investors everyday who call us wanting to understand our Early Stage LPO versus late stage IPO approach to business. SCVNGR Makes Major Enhancements to iP.

Angel Investor 84

Angel Investor Venture Capital Social Media Technical Review 84

mashable.com

OCTOBER 16, 2010

All of this is according to Paul Graham, co-founder of the early-stage investment fund Ycombinator. We are coaching VCs and Angel Investors everyday who call us wanting to understand our Early Stage LPO versus late stage IPO approach to business. SCVNGR Makes Major Enhancements to iP.

Angel Investor 83

Angel Investor Venture Capital Social Media Technical Review 83

YoungUpstarts

SEPTEMBER 4, 2017

Chances are if things are going good (or even not so good) those early stage startups you were so passionate about 12 or 18 months ago will be coming to the market again asking for more money. Do you have relationships with other investors at the next stage of the investment lifecycle?

Pre-Money Valuation 187

Pre-Money Valuation Seed Stage IP Deal Flow 187

www.vccafe.com

MARCH 11, 2013

VC Cafe covers early stage Israeli and European tech & mobile startups. IP Location Tools. easy business finance software. YCombinator Series AA Equity Financing Documents. Venture Capital Cafe > Startup Resources (Updated Mar 2013). VC & Startup Resources. Seed Startups. Updated Business tools for Startups.

Software Review 53

Software Review Technical Review Startup 53

Austin Startup

AUGUST 20, 2017

Early stage startups have to survive one day at a time and are often presented with limited choices of the moment that enable them to continue. At early stages you probably don’t have an assembly line and can’t clearly define any particular job. But, later on they often wish they had the ability to erase many of them.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

The Startup Magazine

SEPTEMBER 20, 2017

If you own the IP on a particular technology or information product, then you can create licensing agreements for other businesses to sell your product for you. This business strategy suits start-ups that found a decent degree of financial success in their early stages of business. 2 License Your Product. Wrapping Up.

LBO 64

LBO Merger Social Media Startup 64

YoungUpstarts

APRIL 18, 2019

But early-stage startup founders can’t think this way, because when immediate goals are unrealistic or unachievable, a startup is bound to crash and burn. Sure, IP and patents are the marks of a company with great value—but that’s only true when they’re associated with the right people. This isn’t something we talk about enough.

Cofounder 127

Cofounder Startup Private Equity Equity 127

Gust

SEPTEMBER 17, 2014

It’s like we need a finance 101 course for entrepreneurs. In finance they call it “terminal value” but the truth is the price is as arbitrary at your A round as it is at your seed round. There are a bunch of ways to offer cheaper pricing to people who commit early without notes. There were no metrics. Last year …. Employment.

Liquidation Preference 153

Liquidation Preference Valuation Term Sheet Stock 153

ReadWriteStart

OCTOBER 21, 2010

Vinod wants to raise a significant amount of money to buy out an IP vendor that sells semiconductor interconnect IP, and offer value added services around them. The IP vendor does about $2 million to $3 million a quarter, but the market leader is EDA giant Synopsys. Choose one segment, one service, and one geography.

Bootstrapping 113

Bootstrapping IP India Silicon Valley 113

Early Growth Financial Services

JUNE 11, 2015

They’ll want to know what’s unique about your IP and … Continue reading → In terms of investing criteria, they also want to get a read on the quality of your management team including: backgrounds, domain expertise, track record, and how cohesive you are.

Angel Investor 28

Angel Investor IP Early Stage Finance 28

Startup Lessons Learned

JULY 15, 2020

Robert and I talked about how it's working, the science of pseudoviruses and reporter genes, how his father's example in science and business set him on his path, and how to bridge the gap between science and finance. I think there's also a reflexive skepticism of bringing in concepts frankly from finance.

Technical Review 68

Technical Review Software Review Finance Technology 68

Both Sides of the Table

JULY 10, 2010

The importance of the conference is that it assembles most of the top privately held early-to-mid-stage technology companies in the country (and some globally) as well as most VC’s, growth equity funds and corporate development departments from large industry players looking at technology acquisitions. Venture Financing.

IPO 242

IPO Venture Capital Private Placement Cofounder 242

Scott Edward Walker

DECEMBER 13, 2018

We had a busy 2018, including closing several significant M&A transactions and financings. The acquirer is typically a large successful company, and the target is typically a failing early-stage startup. An acquihire is essentially the acquisition of a startup for its talent/team (rather than for its products or services).

Founder 45

Founder Merger IP Liquidation Preference 45

Tim Keane

JANUARY 12, 2010

For angel groups, the distinction between groups and VCs on this issue is dwindling, especially as angel groups do bigger rounds of financing.   Note that this applies only to earl stage Series A-type equity financings and assumes no cash dividends are paid to investors.   First , dividends.

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

www.currentlyobsessed.com

MAY 28, 2010

It hardly deserves any attention at all in the early stages. For some closing thoughts, I’ll just add that: Valuation tends to be too much of a focus for most early stage companies. I know this sounds crazy, but it’s not. That’s a nice way of putting it.

Valuation 42

Valuation Channel Pre-Money Valuation Term Sheet 42

Steve Blank

MAY 4, 2009

In an early stage startup, instead of sales being up front, the point departments are likely to be product development and customer development. In other companies it may be that manufacturing or finance is the sharp end of the stick. In other companies it may be that manufacturing or finance is the sharp end of the stick.

Silicon Valley 126

Silicon Valley RSS Non-Compete California 126

www.readwriteweb.com

OCTOBER 7, 2007

Or the founders have taken on a small amount of seed financing, just enough to get them into the market. If our aim was to raise financing and employ these people directly, we’d have burnt through $5-7 million before launch. There are a couple of good reasons a company should consider bootstrapping its market entry.

Bootstrapping 41

Bootstrapping Offshore Startup EC2 41

maplebutter.com

JANUARY 8, 2013

If you believe in it – then finance whatever you can yourself. When it comes to early stage investing – it’s all gut. Does it make sense to spend this time speaking about your early stage start-up when your product has not even entered Alpha testing? Other sources of capital.

Technical Review 44

Technical Review Startup Cofounder Software Review 44

A Smart Bear: Startups and Marketing for Geeks

AUGUST 8, 2012

This is a long episode (1:20), but it’s a conversation that will resonate with a lot of early-stage startup founders. Jared: Yeah, and that’s the thing is the whole idea of having multiple domains pointing to the same IP address. You can subscribe to Smart Bear Live on iTunes (please review the podcast as well!)

API 220

API Software Review Hosting Technical Review 220