VC Adventure

MAY 21, 2014

A few months ago AngelList announced Syndicates – enabling investors on AngelList to create fund-like groups of investors to invest together in AngelList companies (following a single lead investor). It’s a great idea and at Foundry we quickly decided it would be an interesting experiment to form our own syndicate.

Syndicate 48

Syndicate Syndication Technical Review Due Diligence 48

mashable.com

MAY 5, 2011

“Once that product is built, you will probably have given away a lot of equity.&# “Once that product is built, you will probably have given away a lot of equity.&# In exchange for $150,000 to $300,000 of work, each startup has given Kayweb 14% to 40% equity. Reproduction without explicit permission is prohibited.

Equity 74

Equity Engineer Technical Review Social Media 74

David Teten

DECEMBER 3, 2019

Private equity and venture capital investors are copying our sisters in the hedge fund world: we’re trying to automate more of our job. . In the private equity universe, most Partners have primary training as deal-makers, not as managers. (To see the video above, please click the image, and then click on the Play button.).

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

David Teten

JANUARY 11, 2020

In the venture capital/private equity business, investors are B2B microinfluencers. We market to four populations: High-potential founders. Other coinvestors: Limited partners, other VCs who are coinvestors, private equity funds which are potential growth-stage investors, etc. Kevin has written over 620 syndicated columns).

Social Media 60

Social Media Technical Review Media Private Equity 60

Berkonomics

APRIL 3, 2014

We’ve spoken of financing a young company through friends and family, known as “inside angels.” There are three classes of equity investors for early stage businesses that we have not yet considered. All angel groups will want to see the founders in person at sometime early in the process. Raising money'

Equity 92

Equity Finance Liquidity Event Angel Groups 92

Startup Professionals Musings

OCTOBER 5, 2015

I challenge any entrepreneur, for example, to define the difference between "seed-stage" and "early-stage" financing. Ron Conway , of SV Angels, and Reid Hoffman , LinkedIn's founder, are names often mentioned in this category. These funders often offer convertible notes, rather than the traditional priced equity.

Seed Stage 120

Seed Stage Finance Early Stage Startup 120

Pascal's View

JULY 9, 2017

Unfortunately, what the CEO/founder forgets most often is that the notes have a multiplier effect in the post-money calculation; the more notes and the further the cap is from the new priced equity, the greater the variance between actual and nominal pre- and post-money valuations. It’s going to be great!”.

Post-Money Valuation 49

Post-Money Valuation Valuation Cap Table Covenant 49

Genuine VC

NOVEMBER 12, 2012

Dharmesh Shah had a great post up last week about the lessons learned from raising a mezzanine round of financing. But the more meaningful reason that early financing terms endure into future rounds is that negotiation away from terms already in place are just that – negotiation. In contrast, valuation always has room to move up.

Finance 128

Finance Mezzanine Valuation Seed Stage 128

VC Cafe

MARCH 27, 2018

The financial side of technology entrepreneurship means that almost from inception, an entrepreneur has to think about and plan his or her sources of financing. Wether you like it or not, startups. This is a content summary only. Click on the post title to continue reading this post, share your comments, browse the website and more!

Founder 128

Founder Startup Finance Technology 128

View from Seed

JANUARY 26, 2016

There are a number of factors that have contributed to the rise of pre-seed rounds, but the strongest have been the frothy late-stage financing market, coupled with both the scaling-up of some of the early winners in the institutional seed ecosystem and the scaling-down of some larger funds that retrenched after the financial crisis.

Seed Stage 120

Seed Stage Early Stage Cofounder Finance 120

OnlyOnce

FEBRUARY 9, 2022

On the heels of the announcement we made last month about our Series B financing , we are now announcing the launch of a new program called Bolster Prime and a new venture capital fund called Bolster Ventures. In our prior lives, the Bolster founders worked together to scale up a business called Return Path and also.

Silicon Valley 62

Silicon Valley Venture Capital Cap Table Early Stage 62

Feld Thoughts

JULY 14, 2015

Assuming equity is raised at or above that cap, the total dilution, before the new money, is 16.6% (equivalent to an equity financing of $1m at a $6m post money valuation. The new money comes in at a pre-money valuation of $100, but includes a complete refresh of founder equity to 40% of the company.

Recapitalization 70

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

Austin Startup

MARCH 7, 2021

It seems like every day there is a new headline about an exceptional startup founder, investor, or corporate headquarters moving to Texas. Today, startup founders focus on the fundamental challenges of our time with energy, life sciences and industrial technologies dominating Houston’s tech scene. Joe Lonsdale. Drew Houston.

Texas 90

Texas San Antonio Houston Dallas 90

Feld Thoughts

AUGUST 2, 2010

In addition, I’ve made many seed investments as an angel investor in two time periods,1994-1996 and 2006-2007, and seen many more through my involvement as a co-founder of TechStars. ?Our At Foundry Group, we describe ourselves as being “syndication agnostic&#. Tags: Seed Financing seed VC.

Angel Investor 152

Angel Investor Cofounder Syndicate Syndication 152

Professor VC

MARCH 12, 2015

It was a great product addressing a large market opportunity and was interested in seeing how the AngelList syndicate process worked. As with all M&A exits, there was a round of congratulatory messages to the founder in the Silicon Valley echo chamber. Syndicates can either be company led or investor led.

Syndicate 28

Syndicate Syndication Silicon Valley Common Stock 28

VC Adventure

AUGUST 10, 2010

We price our seed rounds as equity investments, always lead or co-lead … and treat them the same way we would a $10m investment… when we make a seed investment, it gets everyone’s attention. To be clear, while there is a small group of us that are Trada founders, the idea of Trada is completely Niel’s.

Syndicate 74

Syndicate Syndication Due Diligence SEM 74

Professor VC

JULY 25, 2013

I''m a strong believer in fairness (although my daughters may not agree) and investors and entrepreneurs working together as a team to create something valuable to all stakeholders (customers, employees, founders, investors). AngelList (which I remain a big fan) also recently launched a syndicate program.

Term Sheet 46

Term Sheet Silicon Valley Syndicate Syndication 46

Professor VC

JANUARY 17, 2008

One of my comments was that we would likely see more institutionalization of angel groups and syndication of deals among groups. He then went on to say that this type of financing was good for the entrepreneur (vs taking VC money) because they got to keep more of the company. I also teach Entrepreneurial Finance at San Jose State.

Pre-Money Valuation 28

Pre-Money Valuation Angel Investor Angel Groups Valuation 28

Rob Go

JANUARY 7, 2013

As a founder, it feels like a long time, but it’s really a blip on the radar in the scheme of things. Actually, growth equity firms I find are best at this, because they have very specific financial criteria that they look for, such as ranges for revenue, ebitda, growth, etc. Founders: Repeat Founders: 8.

Portfolio 49

Portfolio Seed Stage Cofounder B2B 49

Professor VC

JUNE 20, 2011

Financing, that is.I Since the iControl system chronicles all meetings, I was able to find the automatic picture snapped from my first meeting with the founders, Reza Raji and Chris Stevens on April 22, 2004. One truth of start-up financing is that it generally takes twice as long and twice as much money to accomplish your milestones.

San Jose 28

San Jose Angel Investor Term Sheet Venture Capital 28