Gust

NOVEMBER 4, 2011

For more page-turning corporate drama, including the feud between Intermix co-founders and UCLA college buddies Brett Brewer and Brad Greenspan, Nasdaq delisting, proxy contest and lawsuits by Greenspan after he was fired as CEO, see Stealing MySpace by WSJ reporter Julia Angwin. MySpace became its own company, MySpace, Inc., of MySpace, Inc.

Valuation 98

Valuation Pre-Money Valuation Merger Vesting 98

Berkonomics

JUNE 8, 2017

Some businesses require very little capital and the founder can self-finance the enterprise and retain 100% of its ownership and control from ignition through liquidity event (startup through sale). For you who fit that description, nice work. There is a lot to say about retaining control.

Private Equity 106

Private Equity Valuation Cap Table Accredited Investor 106

Berkonomics

DECEMBER 17, 2020

If you have a virtual company with your employees working from home locations, as many startups do, it should be the location of the founder. All angel groups will want to see the founders in person or by Zoom at sometime early in the process. Being in a distant city greatly reduces the chance of funding success.

Equity 62

Equity Finance Liquidity Event Angel Groups 62

The Next Web

SEPTEMBER 29, 2013

Weaknesses inside the founder team kill startups. The truth is, sometimes you need to replace your co-founders and start over. You’re basically tinkering with everything at this stage – product, marketing, sales, partnerships, etc. You’re tinkering with your marketing and sales channels. How do you do that?

Metrics 136

Metrics Cofounder Cram Down Liquidity Event 136

Gust

SEPTEMBER 5, 2012

” Yet in my little corner of Wonksville, Founder Institute CEO Adeo Ressi and Yoichiro “Yokum” Taku , a partner at my “alma mater” law firm Wilson Sonsini Goodrich & Rosati , created quite a stir this past week by announcing a new set of template deal documents dubbed “ Convertible Equity.”

Finance 134

Finance Convertible Security Equity Seed Stage 134

Growthink Blog

MAY 13, 2012

But, when one of these factors are "out of whack," it can be a much tougher sale to make. And they'll want to invest if they believe your company has great potential to achieve a liquidity event, and one that enables them to earn a significant return on their investment. Getting funding from angel investors is the same way.

Angel Investor 93

Angel Investor Exit Strategy Liquidity Event Angel Groups 93

Berkonomics

AUGUST 27, 2015

He has served as advisor to and member of numerous financial exchanges, and was the founder and CEO of Arthur Lipper Corporation and co-founder and Chairman of New York & Foreign Securities Corporation. Today he serves as Chairman of British Far East Holdings Ltd. The businesses frequently were the owner-manager’s only major asset.

Intellectual Property 48

Intellectual Property Balance Sheet Stock Options Valuation 48

Berkonomics

JANUARY 20, 2010

Some businesses require very little capital and the founder is able to self-finance the enterprise and retain 100% of its ownership and control from ignition through liquidity event (startup through sale). For you who fit that description, nice work. There is a lot to say about retaining control.

Private Equity 69

Private Equity Valuation Cap Table Accredited Investor 69

Steve Blank

JUNE 11, 2013

These are great, but they are not repeatable by a sales organization. What are revenue strategy and pricing tactics? In a perfect world, you would never need investors and would fund the company from customer revenue. Here’s a simple test: If you’re the founder of a startup, go to a whiteboard and diagram how a VC fund works.

Venture Capital 333

Venture Capital IRR Liquidity Event Business Model 333

Steve Blank

JUNE 11, 2013

These are great, but they are not repeatable by a sales organization. What are revenue strategy and pricing tactics? In a perfect world, you would never need investors and would fund the company from customer revenue. Here’s a simple test: If you’re the founder of a startup, go to a whiteboard and diagram how a VC fund works.

Venture Capital 225

Venture Capital IRR Liquidity Event Business Model 225

Both Sides of the Table

MARCH 3, 2013

The numerator (return) encourages more sales, which is fine. I reinforced this view by referring to a very interesting article I had read by Andy Grove (co-founder & former CEO of Intel) on car batteries, china manufacturing and the problem of US outsourcing. ” No royalty paid until there is revenue.

Bankruptcy 403

Bankruptcy Offshore Liquidation Preference Balance Sheet 403

Berkonomics

APRIL 3, 2014

If you are starting a virtual company with your employees working from home locations, as many startups do, it should be the location of the founder. All angel groups will want to see the founders in person at sometime early in the process. Being located in a distant city greatly reduces the chance of funding success.

Equity 92

Equity Finance Liquidity Event Angel Groups 92

abovethecrowd.com

APRIL 20, 2016

All Unicorn participants — founders, company employees, venture investors and their limited partners (LPs) — are seeing their fortunes put at risk from the very nature of the Unicorn phenomenon itself. A high performing, high-growth SAAS company that may have been worth 10 or more times revenue was suddenly worth 4-7 times revenue.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

www.quora.com

JANUARY 16, 2011

Find Questions, Topics and People Add Question Add Question Non-Technical Co-Founders Co-Founders Technical Co-founders Finding Co-Founders Startups & "How Important Are Ideas?" " Web Development Startups Solo Founders I am a creative guy with a startup idea. Rockstar v.

Developer 42

Developer Technical Review Cofounder Technical Cofounder 42

Seeing Both Sides

SEPTEMBER 15, 2015

To answer these questions, we built a database of 112 Israeli companies founded between 1996 and 2013 that have met or exceeded $20 million in revenue. The founders have started companies before. In the old model of Israeli startups, many Israeli executive teams would hire a vice president of sales in the U.S.

Cofounder 20

Cofounder Technical Review United States 20