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Time is the Enemy of All Deals

Both Sides of the Table

We had many term sheets (it was 1999 and we had a pulse) and we were deciding which one to take. We were trying to optimize around a few criteria: price, size of round, number of syndicate partners and, of course, terms. We ended up agreeing a term sheet for $16.5 We ended up agreeing a term sheet for $16.5

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Flexible VC, a New Model for Companies Targeting Profitability

David Teten

Coinvestors: Flexible VC terms have not been standardized, which may make the investment harder to syndicate. That said, Jonathan Bragdon, General Partner, Capacity Capital , points out that Flexible VC terms “twin” well with equity: providing less dilution while still providing investor assistance. . Emily Campbell, Esq.

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The investment that didn’t happen

K9 Ventures

While Zappos was doing diligence on Modista, the issue was brought up that one of other companies in this space — Like.com , founded by Munjal Shah — had filed for some IP in this area. I helped introduce the company to various angels and lead the effort to form a syndicate for their fund-raising round.