View from Seed

JULY 8, 2020

Now many Founders face a situation where they have raised a pre-seed or seed round from a multitude of investors (both angels and institutional groups) on SAFEs or convertible notes — without a term-driving lead investor who serves on the company’s Board of Directors.

Email 331

Email Seed Stage Syndicate Syndication 331

This is going to be BIG.

MAY 17, 2012

That means investors are going to buy that much of your company at a time. It means lead investors can get to 10, 15 or 20% ownership depending on whatever math they have that makes their own success model work. It's a function of a few things. That's just roughly the equilibrium we've come to in this world.

Venture Capital 116

Venture Capital Framework Dilution Equity 116

Both Sides of the Table

FEBRUARY 15, 2016

It’s a very personal topic and I’d like to offer you a framework to decide for yourself, based on the following factors: How Long is it Taking to Raise Capital at Your Stage in the Market? ” and if anybody gives you a specific number I would be a bit skeptical because there is no universal answer.

Burn Rate 150

Burn Rate Cap Table Valuation Software Review 150

Hunter Walker

JANUARY 10, 2022

The needs of the lead investor for ownership? A round that is most accommodating for the existing investors while allowing you to get new people involved? This framework helped narrow the field for us a lot, and from there deal terms were probably the next most important thing.

Cofounder 89

Cofounder Founder Acquisition Startup 89

The Startup Magazine

MARCH 1, 2021

So, our pathway to the right stakeholders has really been through our Customer Engagement Framework. So, while lockdown has been tough, we have been able to line up our software partners (which include Oracle and Autodesk), assemble a world-class technical team, and finalize both our Development Plan and Customer Engagement Framework.

Technical Review 110

Technical Review Founder Saudi Arabia Cofounder 110

Hunter Walker

APRIL 4, 2015

We did so because (a) we felt like the potential return could be meaningful to our fund despite smaller ownership percentage, (b) the founder and/or industry was well-known to us and (c) we had working experience with the lead investor. What are the risks of seed funds participating in these Straight to As?

Cofounder 48

Cofounder Lead Investor Valuation Framework 48

Startup Lessons Learned

JULY 2, 2020

That's a framework that's really important to me, and it's something that we've talked about a lot. I think I took the first two or three meetings with Fred's lead investor, which is pretty funny. Eric Ries : So, what was the investor reaction like? Nobody batted their eyelids too much.

Curation 60

Curation Government Los Angeles Partner 60