Genuine VC

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Post-Seed Funding Checklist for Founder/CEOs

Genuine VC

The following is a first pass at a checklist of items for Founder CEOs to take care of in the first couple weeks after they’ve closed their initial round of seed funding. Foundation for New Employee Hires Formulate and socialize with the Board acceptable compensation bands (both salary and equity options) for new employees.

Founder 156
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The Risks of Becoming an Advisor When You (Might) Want Something More

Genuine VC

Here are 3 questions that come to mind: 1) We’re using this document from the Founders Institute as a template and guide for comp. If in a few months or a year, you decide to take the leap to 100%, you’re of course want to negotiate an equity relationship which is more appropriate for that role.

Equity 116
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Early Seed Financing Terms Endure… Whether We Like It or Not

Genuine VC

Terms precedent is one solid reason (among others like founder-investor alignment) that entrepreneurs should have bias towards priced equity round vs. convertible notes in seed financings. Once there is punitive-looking round, the more likely the company will be a punching-bag on terms in subsequent rounds moving forward.

Finance 128
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The Road to Our Investment in Bridj

Genuine VC

Today Bridj announced that it has raised $4M from our team at NextView Ventures , alongside Atlas Ventures, Suffolk Equity, and many of the original ZipCar investors like Jill Preotle, Andy Ross, and Peter Aldrich. All investments which we make become a journey along with the Founders.

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Never Raising Capital Ever Again

Genuine VC

We use it to describe the bold and ambitious nature of the founders we hope to work with. Any additional capital fundraising, whether it’s for debt or equity, startup or mature public company, is to facilitate growth ahead of cash flows generated by the business. The vast majority of successful business started aren’t venture-scale.