Both Sides of the Table

AUGUST 28, 2012

You’re heading into a full partner meeting and you’ve been asked for a full data pack before – should you give it? which really means, are you really so naïve as to have a discussion with a VC and you’re worried about sharing your high-level financial results and forecasts?). This is a hot topic I’ve been asked a lot about recently.

Technical Review 316

Technical Review Due Diligence Term Sheet Cap Table 316

David Teten

JANUARY 19, 2021

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. From RBI, Flexible VCs borrow the ability to reap meaningful returns without demanding founders build for an exit. By tying payments to actual revenues, founders and investors remain aligned around the company’s real-time performance, good or bad.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Agile VC

MAY 26, 2011

This also appears as a guest post at Fortune’s Term Sheet. Many assume it was a cakewalk, based on the success LinkedIn has enjoyed over time and the current stature of our founder/CEO Reid Hoffman (now Chairman). Yes… he was a very successful PayPal exec and previously co-founder & VP Product of SocialNet.

Term Sheet 178

Term Sheet Silicon Valley Technical Review Social Network 178

The Next Web

FEBRUARY 27, 2014

George Deeb is the Managing Partner at Chicago-based Red Rocket Ventures , a startup consulting and financial advisory firm based in Chicago. In terms of techniques investors use to value your business, investors will study things like: revenue, cash flow or net income multiples from recent financings in your industry. Rule of thumb.

Valuation 167

Valuation Forecast Seed Stage .Net 167

Both Sides of the Table

MARCH 30, 2016

Investors sat with the founder & CEO, Jason Spievak, and asked him what he wanted to do about the future. Mark dutifully went to partner meetings, back-channel references began, firms started calling existing VCs to “test prices” and we started debating whom our best partner would be.

Balance Sheet 150

Balance Sheet Burn Rate Valuation Forecast 150

Up and Running

JULY 26, 2013

You never know who will end up being an investor, partner, or referral to the right person. Most sophisticated investors will already have terms they typically prefer in a deal, but they should be open to discussion. There are also some standard term sheets you can reference to see what’s already out there.

Elevator Pitch 79

Elevator Pitch Angel Investor Term Sheet Business Model 79

Both Sides of the Table

FEBRUARY 14, 2016

Valuing any company can be difficult because it requires a degree of forecasting future growth & competition and ultimately the profits of the organization. When I was an entrepreneur there was no public information about how term sheets worked or how investors thought. All of these are false. This is how VCs feel.

Valuation 150

Valuation Down Round Startup Later Stage 150