Both Sides of the Table

SEPTEMBER 18, 2014

At an accelerator … Me: Raising convertible notes as a seed round is one of the biggest disservices our industry has done to entrepreneurs since 2001-2003 when there were “full ratchets” and “multiple liquidation preferences” – the most hostile terms anybody found in term sheets 10 years ago. Your A round?

Venture Capital 417

Venture Capital Liquidation Preference Valuation Term Sheet 417

The Startup Magazine

JUNE 26, 2020

Incorporating your business is needed in order to establish a legal separation between the individual entrepreneur(s) and the business itself to prevent personal liability for the business’s debts. Startup lawyers can help you decide on which structure is the best for you based on your finances, plans and goals. SEC Regulations.

Intellectual Property 149

Intellectual Property Startup SEC Stock Options 149

Both Sides of the Table

MAY 2, 2015

It’s the nature of most entrepreneurs, honestly. A great finance leader is on top of your numbers with such precision that you don’t have to worry about it. A great finance leader is on top of your numbers with such precision that you don’t have to worry about it. Another thing entrepreneurs f**k up?

Operations 150

Operations Metrics Early Stage Non-Compete 150

David Teten

MARCH 14, 2018

– Build out low-cost force multipliers such as scouts , Advisors, Entrepreneurs in Residence, Venture Partners, and so on. Another example is Correlation Ventures ($300M+ AUM), a VC firm which co-invests in financings with at least one other new outside VC. engineers, designers, business developers).

Private Equity 60

Private Equity Venture Capital Equity Cofounder 60

Growthink Blog

SEPTEMBER 13, 2017

The dream of every entrepreneur is to build a company successful enough so as to one day be able to attract a buyer to and for it. So as to reap a financial harvest and windfall. Sometimes in the millions of dollars, sometimes in the billions of dollars and at all points in between. This is really a simple and straightforward goal.

Harvest 48

Harvest IP Software Review Forecast 48

YoungUpstarts

SEPTEMBER 4, 2017

Investing in startups is a lot more than just buying “stock” in a company. Entrepreneurs, business owners, senior managers at large corporations. For example, if you have had a long career in the finance industry it’s only natural that you can add more value to a fintech startup than an e-commerce store.

Pre-Money Valuation 187

Pre-Money Valuation Seed Stage IP Deal Flow 187

Gust

SEPTEMBER 17, 2014

Me: Raising convertible notes as a seed round is one of the biggest disservices our industry has done to entrepreneurs since 2001-2003 when there were “full ratchets” and “multiple liquidation preferences” – the most hostile terms anybody found in term sheets 10 years ago. It’s like we need a finance 101 course for entrepreneurs.

Liquidation Preference 153

Liquidation Preference Valuation Term Sheet Stock 153

Tim Keane

JANUARY 12, 2010

Please see later version of this post on May 16, 2010 Entrepreneurs are often not experts in the area of term-sheet negotiations and all of the surrounding issues.   Investors sometimes “present” the terms they’d like and expect the entrepreneurs to react. Term-sheets and Valuations: Thinking about Negotiations.

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

mashable.com

OCTOBER 16, 2010

Not only that, but the growing battle between venture capital firms and “super angels&# presents an amazing opportunity for entrepreneurs trying to build the next big thing. The YCombinator founder believes this means great things for entrepreneurs. This all very fascinating, what a time to be an entrepreneur!

Angel Investor 84

Angel Investor Venture Capital Social Media Technical Review 84

mashable.com

OCTOBER 16, 2010

Not only that, but the growing battle between venture capital firms and “super angels&# presents an amazing opportunity for entrepreneurs trying to build the next big thing. The YCombinator founder believes this means great things for entrepreneurs. This all very fascinating, what a time to be an entrepreneur!

Angel Investor 83

Angel Investor Venture Capital Social Media Technical Review 83

Gust

DECEMBER 8, 2011

I urge all entrepreneurs to consult and develop a good working relationship with a qualified startup lawyer. Make escrow arrangements for restricted stock (i.e., Consummate the stock issuances, make any necessary securities filings and issue the corresponding stock certificates. Yes, it’s a mouthful.

Intellectual Property 139

Intellectual Property Non-disclosure Agreement Delaware Stock 139

mashable.com

AUGUST 31, 2010

Nellie Akalp is the CEO & Co-Founder of CorpNet , her second incorporation filing service company based on the simple philosophy of truth in business and her strong passion to assist small business owners and entrepreneurs. SCVNGR Makes Major Enhancements to iP. Follow her on Twitter @corpnet and Facebook.

LLC 75

LLC Social Media Startup Philadelphia 75

mashable.com

AUGUST 31, 2010

Nellie Akalp is the CEO & Co-Founder of CorpNet , her second incorporation filing service company based on the simple philosophy of truth in business and her strong passion to assist small business owners and entrepreneurs. SCVNGR Makes Major Enhancements to iP. Follow her on Twitter @corpnet and Facebook.

LLC 75

LLC Ruby Social Media Startup 75

Austin Startup

AUGUST 20, 2017

Messy cap tables can come back to haunt you when you do a financing or sell the company. Between day one and your first confrontations with those issues, particularly if you’ve raised any outside capital, you will have formed a board and stocked it with people you can really get to work on your behalf.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

Startup Company Lawyer

JULY 20, 2009

At some point, however, an entrepreneur will need to formally incorporate a company. Incorporating a company and issuing stock to the founders will help prevent misunderstandings among the founders about equity splits. In addition, any IP created by the contractor can be assigned to the company instead of an individual founder.

IP 67

IP Stock Options Preferred Stock Capital Gains 67

Both Sides of the Table

DECEMBER 13, 2010

Since that date the S&P 500 is up 2.45% while Accenture stock is up 206% with revenue of $23 billion and a market cap of $32 billion. 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. I love that.

Turkey 302

Turkey Differentiation IP Technical Review 302

blog.simeonov.com

FEBRUARY 22, 2010

Even if you are an experienced entrepreneur, you’ve probably only seen a few founder agreements in your life. It outlines key points of agreement between founders around IP ownership, equity ownership, vesting, etc. Those related to other matters: IP assignment, invention disclosure, non-solicitation, non-competition, termination, etc.

Founder 44

Founder Vesting Agile Startup 44

Austin Startup

MARCH 26, 2019

25 questions that DTC entrepreneurs should ask themselves before scaling customer acquisition So you run a direct-to-consumer (DTC) brand. To help with that, I’ve created a non-exhaustive list of questions to serve as a lightweight reference sheet for any new DTC entrepreneur. What happens at 3X? Will you ship internationally?

Technical Review 49

Technical Review Software Review China Acquisition 49

Tim Keane

OCTOBER 30, 2007

I think we thought that the good product guys could get away with it because the detail of good customer service was unimportant with strong IP. So, they were frequently out of stock on the fastest moving orders, usually at the end of the week. Then their days out of stock would grow.). Then their days out of stock would grow.).

Wisconsin 68

Wisconsin Architecture Startup IP 68

The Startup Magazine

AUGUST 12, 2020

Generally speaking, entrepreneurs, young professionals and other newcomers thinking about investing will have some familiarity with the stock market. Startup entrepreneurs know about risk. You can buy shares in several different stocks, sure, but that doesn’t truly diversify your portfolio. The simple answer is yes.

Intellectual Property 99

Intellectual Property IP Stock Equity 99

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. A lot of the same mechanisms, you can buy and sell stock, you can sell the company, you can go public.

Technical Review 68

Technical Review Software Review Finance Technology 68

Gust

OCTOBER 26, 2011

As we conclude our convertible note financing series, there are assorted terms commonly seen in term sheets and deal documents that are worth touching on briefly. The Note Purchase Agreement and Convertible Promissory Note are essential documents for any convertible note financing.

Finance 79

Finance Term Sheet Covenant Accredited Investor 79

maplebutter.com

JANUARY 8, 2013

If you’re an Entrepreneur, you can do it from any place in the world. How important is education when I know I want to be an entrepreneur? When you are a young entrepreneur and you have a project (say a new age TV show) and you need to raise capital for the project. If you’re a young entrepreneur, than congrats!

Technical Review 44

Technical Review Startup Cofounder Software Review 44

Steve Blank

MAY 4, 2009

My way of explaining our support and service role to the marketing department was that: Sales is the sharp end of the stick, and marketing at best, is the stick. But while the sales team works for commission, the rest of the employees have equity (stock) in the company. No one was confused after that. Who’s on the Sharp End?

Silicon Valley 126

Silicon Valley RSS Non-Compete California 126

www.currentlyobsessed.com

MAY 28, 2010

Currently Obsessed Joe Heitzeberg – Entrepreneur | Tech Geek | MBA Home About Me Joe Heitzeberg is an internet entrepreneur who has started and sold two companies. Entrepreneurs are generally too focused on pre-money valuation, and VCs know this. i never thought about it like investing in stocks before.

Valuation 42

Valuation Channel Pre-Money Valuation Term Sheet 42

www.vccafe.com

MARCH 11, 2013

A group of Seedcamp entrepreneurs started a startup tools wiki for that purpose, and we thought it would be well suited here. IP Location Tools. easy business finance software. YCombinator Series AA Equity Financing Documents. List of Angel/SuperAngel Investors for entrepreneurs. Startup Threads. SlideShare.

Software Review 53

Software Review Technical Review Startup 53