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Why LP’s Passed on Seed Funds 10 Years Ago (And What’s Happened Since)

View from Seed

It’s that when things go south, seed funds will have a hard time defending themselves against larger funds that might do a recap or put in a pay-to-play. When we have been converted to common or very deeply diluted from a pay-to-play, the companies have either failed anyway or were not blockbuster outcomes. Then Doordash.

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Cram Down – A Test of Character for VCs and Founders

Steve Blank

Except, that is, for the bottom feeders of the Venture Capital business – investors who “ cram down ” their companies. For existing investors, sometimes it was a “pay-to-play” i.e. if you don’t participate in the new financing you lose. ” On one hand they’re right.

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Venture Capital Term Sheets – Redemption Rights

Scott Edward Walker

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.

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A New VC Crop of Series A Firms

Haystack

The expansion of the venture capital industry (as explained brilliantly by Eric Feng recently here ) has created space for a new breed of Series A investor, most of whom arrived at this point by slowly scaling up from smaller, more modest seed funds.

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Open Angel Forum and The Amazing Disappearing Funding Gap in New York City

This is going to be BIG.

Well, remember the dust up a while back with the backlash against “pay to play” pitch events where startups had to pay to meet angels? Tags: Venture Capital & Technology nextNY. And if that doesn’t do it, then this is certainly the cherry on top. I’m excited to announce that the Open Angel Forum is coming to NYC.

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How The SEC Is Violating My Wife’s First Amendment Rights

Feld Thoughts

It got the name “pay to play&# , but was just another form of bribery. So, if I contribute $1,000 to the campaign of the Colorado state treasurer, I violate this SEC rule and become someone who is “paying to play.&# Now, don’t misunderstand me – I think pay to play is grotesque.

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Founder Interview: Felix Shipkevich and the Disruption in LegalTech

The Startup Magazine

Consumers rely on search engines and pay-to-play rating sites to find legal counsel. We are currently gearing up for our Series A round of financing, the first round from venture capital. (Share with us what problem you’re solving). Not much activity has taken place in the legal marketing space.

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