Management Reputation Seed Money Term Sheet 
Both Sides of the Table
NOVEMBER 18, 2012
He shut down his company gracefully and even thought it must have felt like a crap sandwich doing so I’ll bet his reputation is still solid with his backers. Think about it – most entrepreneurs who manage to raise seed money or venture capital usually raise enough money for 12-18 months maximum.
Gust
OCTOBER 2, 2014
He shut down his company gracefully and even thought it must have felt like a crap sandwich doing so I’ll bet his reputation is still solid with his backers. Think about it – most entrepreneurs who manage to raise seed money or venture capital usually raise enough money for 12-18 months maximum. Yeah, I trust you.
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www.paulgraham.com
APRIL 28, 2010
And if trouble withinvestors is one of the biggest threats to a startup, managing themis one of the most important skills founders need to learn. It wasnt because they werent accredited investors that I didntask my parents for seed money, though. Apparently our situation was not unusual.
Feld Thoughts
JULY 14, 2015
A company raises $1m of seed money from angels in a convertible note with a $6m cap. Assuming equity is raised at or above that cap, the total dilution, before the new money, is 16.6% (equivalent to an equity financing of $1m at a $6m post money valuation. But in this cycle, I hadn’t seen it in a seed round.
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