Gust

JULY 8, 2012

If you are new to the entrepreneurial world of startups, you are likely confused by the terminology of seed-stage, lean startups, micro-VCs, and Super Angels. Seed-stage means promising companies that don’t yet have a revenue stream, and may not yet have a proof of concept. Business accelerator.

Early Stage 177

Early Stage Finance Seed Stage Entrepreneur 177

Gust

OCTOBER 16, 2012

Pre-revenue software, internet, mobile and telecom deals. In this survey, the median and the average for all deals, the software/Internet/mobile/telecom deals and for deals in the “other” category were essentially the same, while the average was much higher than the median for life science and energy/clean tech deals. million and $3.2

Angel Groups 169

Angel Groups Valuation Pre-Money Valuation North Dakota 169

Gust

NOVEMBER 4, 2011

Rather than reinvent the wheel, I would point readers to Martin Kleppmann’s useful blog post with graphs illustrating the effects of a valuation cap on entrepreneurs, seed investors and later-round (typically VC) investors. Valuation caps can come into play in settings other than seed-stage convertible note financing rounds.

Valuation 98

Valuation Pre-Money Valuation Merger Vesting 98