Remove Entrepreneur Remove Finance Remove Lead Investor Remove Syndication
article thumbnail

Is @AngelList Syndicates Really Such a Big Deal?

Both Sides of the Table

If you track the venture capital industry it would be hard to miss the conversation going on this week over AngelList “Syndicates.” My favorite new VC blogger, Hunter Walk, weighed in with some thoughtful comments about how Syndicates might actually pit, “ angel vs. angel.” Must be doing something right!

Syndicate 356
article thumbnail

The End of Syndication

View from Seed

For early stage VC ‘s, Syndication is the process of sharing investments with other potential co-investors. The classic scenario is when a VC has a signed term sheet to lead a round, but has left room open for another meaningful investor. When I started in venture, syndicating deals was fairly common.

Syndicate 207
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Building the Best Seed VC Syndicate in 2020: Navigating “Leaders” & “Fillers”

View from Seed

In previous blog posts I’ve written about the two main approaches to building a seed round syndicate – the subscription method (where an entrepreneur presets a structure with a convertible note or SAFE and recruits investors who subscribe to the round, all without a term-driving lead investor) and a term-driving lead investor approach.

Syndicate 257
article thumbnail

Updating Your Seed Investors – Board Deck & Update Email Templates

View from Seed

Over the intervening years, we’ve heard continued and consistent feedback about the value of it for seed stage Founders in providing both strategic thought and tactical help in assembling their post-financing investor communications. Board meetings are not simply about updating Directors and investors about what you’re doing.

Email 331
article thumbnail

How to Evaluate Firms for a Seed VC Syndicate

Genuine VC

There are essentially two distinct basic strategies for startup entrepreneurs to raise a seed round of capital: Subscription approach – An entrepreneur sets a structure (usually a convertible note) and recruits individual angel investors who subscribe to the round, all without a term-driving lead investor.

Syndicate 207
article thumbnail

Unintended Consequences: When SAFE and Convertible Notes Go Awry

Pascal's View

Andrew Krowne and I recently co-wrote an article in Tech Crunch , Why SAFE Notes Are Not Safe for Entrepreneurs. At its core, this issue points to the lack of understanding about the importance of post-money valuation by both entrepreneurs and investors.

article thumbnail

When Should Startup Founders Discuss Valuation with Seed VCs?

View from Seed

In short, more and more entrepreneurs are signaling their price expectations earlier in their seed fundraise process. In theory, there are three levels of pricing for an entrepreneur to potentially signal to a prospective investor: 1. Or, in the case of a convertible note, they’ll explicitly state a valuation cap.

Valuation 336