Both Sides of the Table

OCTOBER 19, 2009

My blog linked to Brad Feld’s blog because I was so grateful for his series on term sheets and he was one of the biggest reasons that as a VC I felt compelled to blog. On December 3rd Brad Feld wrote a one paragraph blog post titled “ Raising Venture Capital &# in which he linked to my blog. Tempus Fugit.

Venture Capital 274

Venture Capital Term Sheet San Diego Viral 274

David Teten

JANUARY 19, 2021

John Berger, Director Operations & Impact Solutions, Toniic , observed that this has clear investor benefits: “ The grace period became a feature because it benefits investors in regions like the US where there can be tax differences between short and long term gains. Andressen Horowitz,ff Venture Capital,HOF Capital, Sequoia .

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Startup Professionals Musings

MARCH 27, 2016

Reverse due diligence on the investor is a comparable process whereby the entrepreneur seeks to validate the track record, operating style, and motivation of every potential partner. To get the terms you want, it’s better to start with your own term sheet.

Technical Review 120

Technical Review Due Diligence Term Sheet Offshore 120

Startup Professionals Musings

JULY 16, 2023

A few, like Silicon Valley Bank (SVB), despite recent failures, actually do provide management services to startups, invest in startups, or provide early-stage venture capital, but that is not called an investment service and is part of a function called Emerging Technologies, or sometimes Private Equity.

Early Stage 182

Early Stage Silicon Valley Private Equity Initial Public Offering 182

Startup Professionals Musings

OCTOBER 26, 2020

A few, like Silicon Valley Bank (SVB), actually do provide management services to startups, invest in startups, or provide early-stage venture capital, but that is not called an investment service and is part of a function called Emerging Technologies, or sometimes Private Equity.

Silicon Valley 362

Silicon Valley Private Equity Initial Public Offering Term Sheet 362

YoungUpstarts

OCTOBER 12, 2017

Specifically, the audit team assesses the management’s conclusion as to whether or not the company can continue to operate while meeting its financial obligations. Many of these companies operate at a loss with a negative cash flow, which begs the going concern question.

San Francisco 133

San Francisco Forecast Early Stage Term Sheet 133

Both Sides of the Table

JUNE 28, 2011

In this three-part series I will explore the ways that the Venture Capital industry has changed over the past 5 years that I would argue are a direct result of changes in the software industry, not the other way around. So it’s unsurprising that typical “A rounds&# of venture capital were $5-10 million.

Venture Capital 334

Venture Capital Software PHP Open Source 334

Hunter Walker

OCTOBER 31, 2020

You’ve got some operational superpower. Venture Deals: Be Smarter Than Your Lawyer And Venture Capitalist (Feld; Mendelson) is the best book to read if you want to understand venture capital, term sheets, etc. Maybe it’s statistical analysis, growth marketing, or deck making. Notes and More.

North Carolina 90

North Carolina Hiring Angel Investor Technical Review 90

Scott Edward Walker

JULY 7, 2011

Introduction This post originally appeared in the “ Ask the Attorney ” column I am writing for VentureBeat ; it is part of my ongoing series regarding venture capital term sheets. The problem, of course, is that a so-called “walking dead” company rarely has the cash to buy-back the investors’ shares.

Term Sheet 49

Term Sheet Redemption Venture Capital Preferred Stock 49

This is going to be BIG.

MAY 12, 2014

That means I have a total budget of a little over $200,000 to run the entire operations of Brooklyn Bridge Ventures. I send out my own term sheets and review docs myself--especially since I''m in sydicated rounds. Venture Capital & Technology' Can I buy a majority stake in the Mets?

Investment Bankers 167

Investment Bankers Term Sheet Venture Capital Technical Review 167

ReadWriteStart

JUNE 1, 2020

Reasons for funding. ? Scale up your operations. One of the most prominent reasons for funding is to scale up your operations, for expansion and achieve economies of scale. Now you may want to scale up your operations or expand your presence. The third reason is to fund your short term operational expenses or working capital.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Mucker Lab

AUGUST 27, 2014

As an entrepreneur himself, founding and operating printed circuit board factories in Taiwan, my father was debating between two places to immigrate to and build his next new venture: Los Angeles (“The Valley” aka San Fernando Valley) and Santa Clara (“Silicon Valley”). Diversity” and “Domain Experience”.

Los Angeles 138

Los Angeles Southern California Silicon Valley Technical Review 138

Austin Startup

JULY 22, 2017

The core idea is that startups will pledge to take a few concrete measures in the way they operate their company that should, over time, increase the number of minorities, women and people who identify as LGBTQ in the startup community. My goal is to get enough thoughtful eyes on the project to launch later this year.

Austin 54

Austin Angel Investor Startup Term Sheet 54

This is going to be BIG.

MAY 5, 2023

It will be the 105th deal out of Brooklyn Bridge Ventures, the firm I started back in September 2012, and it will be the last deal I’ll be making out of my third fund. It will also be my last venture capital deal. For me, I don’t mind sharing how I think about it. No new investments. No more responding to fundraising decks.

Later Stage 218

Later Stage Venture Capital Term Sheet Limited Partner 218

View from Seed

SEPTEMBER 4, 2018

It’s been an interesting several years in the early stage venture eco-system, and the sands have shifted considerably. Amidst the rise of new funds, new technologies, and potentially disruptive late stage players, I thought it was important to share what we consider to be our core operating principles here at NextView. .

North America 120

North America Seed Stage Early Stage Lead Investor 120

View from Seed

FEBRUARY 23, 2016

Medium – Venture Capital
. Featured posts in CrunchBase Daily , StrictlyVC , and Dan Primack’s Term Sheet
. For the Mattermark Daily, the total list generally features five to seven posts from VCs and a similar number from entrepreneurs and operators. Nuzzel.com
. Venturenews.co
. Nuzzel.com.

Curation 120

Curation RSS Term Sheet Technical Review 120

Both Sides of the Table

APRIL 19, 2011

Since selling Matt has gone on to become one of the smartest angels I have seen operate. What better than to have capital from somebody who has actually done it in the trenches? [if if you don't have experience with venture debt you might want to listen to this bit in the video - we talked a lot about how it works].

Acquisition 304

Acquisition Warrant Customer Term Sheet 304

David Teten

AUGUST 19, 2019

I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance.

Revenue 60

Revenue Technical Review Software Review Equity 60

The Next Web

SEPTEMBER 13, 2013

The venture capital landscape in Asia is varied and complex, as most of the active firms on the continent are concentrated in just a few areas. The term sheets tend to be fairly standardized and straightforward as well. Term sheets are littered with many more obscure protective provisions and onerous terms.

Asia 132

Asia Silicon Valley India Term Sheet 132

This is going to be BIG.

NOVEMBER 28, 2021

Over the last two and a half months in the hospital, I’ve actually been fairly productive—no doubt setting the record for VC term sheets offered literally from inside the NICU (three). She’s even been on several board calls already and last week showed up on her first pitch call.

Hiring 179

Hiring Early Stage Marketing Term Sheet 179

David Teten

SEPTEMBER 2, 2017

It’s hard enough to get a job at a venture capital or private equity firm; it’s even more complex to join as a Partner. These are many of the steps I went through when I joined HOF Capital. Bloomberg Beta open-sources their entire operating manual on Github, where their website lives. Union Square Ventures ( [link] ).

Private Equity 60

Private Equity Venture Capital Equity Partner 60

K9 Ventures

SEPTEMBER 20, 2018

They already do so for things like backoffice, operations, accounting, and audit. For most VCs once a term sheet is signed, getting through diligence and legal is a chore, and not the most fun part of the job. The work performed by investor counsel protects the interests of the investor, not the company. Probably not.

Term Sheet 114

Term Sheet Due Diligence Stock Early Stage 114

Version One Ventures

AUGUST 28, 2019

The venture capital market has become very noisy over the past few years, especially on the early-stage side. We have conviction: If we like a deal, we are happy to write a term sheet. We know who’s running your company: We both have a lot of operational experience (and we’re happy to share our learnings with you!).

Founder 109

Founder Term Sheet Early Stage Venture Capital 109

Feld Thoughts

OCTOBER 15, 2013

To become a member, each accelerator must meet the following strict criteria: Operate a 3-6 month long program. Provide some sort of seed capital to their founders. Take a small amount of equity (usually ~6%) and overall have terms that are favorable to entrepreneurs.

Global 179

Global Networking United States Seed Money 179

Startup Professionals Musings

SEPTEMBER 10, 2013

A few, like Silicon Valley Bank (SVB), actually do provide management services to startups, invest in startups, or provide early-stage venture capital, but that is not called an investment service and is part of a function called Emerging Technologies, or sometimes Private Equity.

IPO 205

IPO Silicon Valley Private Equity Initial Public Offering 205

K9 Ventures

APRIL 14, 2020

Doug and his co-founder Vivek Nair , were not planning on raising any venture capital money yet. They had already done one startup before that was venture-backed and they realized that they should only raise venture capital once they are ready. .” But it wasn’t that simple!

Cofounder 127

Cofounder Venture Capital Guerilla India 127

Startup Professionals Musings

JANUARY 22, 2011

A few, like Silicon Valley Bank (SVB), actually do provide management services to startups, invest in startups, or provide early-stage venture capital, but that is not called an investment service and is part of a function called Emerging Technologies, or sometimes Private Equity.

Silicon Valley 211

Silicon Valley Private Equity Initial Public Offering Startup 211

Rob Go

SEPTEMBER 4, 2018

It’s been an interesting several years in the early stage venture eco-system, and the sands have shifted considerably. Amidst the rise of new funds, new technologies, and potentially disruptive late stage players, I thought it was important to share what we consider to be our core operating principles here at NextView. .

North America 36

North America Seed Stage Early Stage Lead Investor 36

abovethecrowd.com

NOVEMBER 28, 2022

The real question is, “do the founders or operators understand the role of governance and embrace it, or are they trying to intentionally undermine the very notion of governance?” As a result of many technical voting requirements, this can be rationalized as a way to make operating the company smoother and simpler.

Venture Capital 113

Venture Capital Non-Compete Government Delaware 113

Growthink Blog

MAY 14, 2014

All of a sudden, it is boom time again for venture capital funds, with over $10.3 billion in fresh capital raised by 578 funds in the 1st quarter, up 36% from 2012. But for the individual investor, is investing in a venture capital fund really a good idea? Here’s why: Market Efficiency. This all costs money.

Venture Capital 101

Venture Capital Disintermediation Technical Review Term Sheet 101

Scott Edward Walker

DECEMBER 1, 2014

I’m watching @rabois ‘s Stanford lecture on “How to Operate” a startup — lots of solid nuggets and advice: bit.ly/1FoCvUV. Quora: What great companies did not raise venture capital? 1pJvGKn (key: “you have all the leverage before you sign a term sheet”).

Term Sheet 51

Term Sheet Venture Capital Operations Startup 51

The Next Web

FEBRUARY 27, 2014

Related to the above is the industry in which you operate. Juniors have achieved a full proof of concept around their business, with rapid user or revenue growth, approaching up to $1MM in revenues (Series A venture capital—raise $1MM to $5MM). Your industry. Each industry typically has its unique valuation methodologies.

Valuation 167

Valuation Forecast Seed Stage .Net 167

Startup Professionals Musings

JANUARY 31, 2010

A few, like Silicon Valley Bank (SVB), actually do provide management services to startups, invest in startups, or provide early-stage venture capital, but that is not called an investment service and is part of a function called Emerging Technologies, or sometimes Private Equity.

Silicon Valley 120

Silicon Valley Private Equity Startup Initial Public Offering 120

Steve Blank

APRIL 1, 2020

If you were raising money, validate whether your investors are still on board – with the same terms – or at all. Operating Numbers. If you were expecting angel or venture funding get on the phone to your investor(s). Some VC’s are walking away from signed term sheets. Internal Assessment.

South Korea 333

South Korea Salary Business Model China 333

Both Sides of the Table

FEBRUARY 27, 2012

Then there is the EIR (entrepreneur in residence) who is usually at a VC for a temporary period of time and other individuals such as venture partners or operating partners. And frankly if you do get a term sheet one day these are the people you’ll be working with so the more you know them (and their reputation) the better.

Partner 308

Partner Term Sheet Sales Portfolio 308

Both Sides of the Table

NOVEMBER 18, 2012

Think about it – most entrepreneurs who manage to raise seed money or venture capital usually raise enough money for 12-18 months maximum. So at any given point you are likely operating with a maximum of 9 month’s cash. Many times it’s less. And yet you have to. Yeah, I trust you. She seems depressed.

Monaco 420

Monaco Cofounder Chicago Mexico 420

The Startup Lawyer

MARCH 1, 2010

The drafters also anticipate a management rights letter will be included in order to ensure “Venture Capital Operating Company&# compliance for the VC investor(s). (3) 4) Term Sheet. 3) Investors’ Rights Agreement. The IRA does not provide for any registration rights.

Preferred Stock 79

Preferred Stock Term Sheet Redemption Registration Rights 79