View from Seed

SEPTEMBER 13, 2018

Over the past five years, we’ve witnessed an Atomization of the Seed Stage. Early fundraising is no longer a one-and-done fundraise of a single round of Seed capital subsequently followed by a Series A 12–18 months later. Effective) post-money valuation. Seed stage startups are now graded on a curve.

Seed Stage 136

Seed Stage Post-Money Valuation Valuation Startup 136

View from Seed

MARCH 24, 2021

How to Sell Your Startup’s “Secret” Master Plan at the Seed Stage “Articulating and selling your long run vision is important, but trying to convince those that are deeply skeptical about it is simply a mutual waste of time.” Seed stage startups are now graded on a curve.”

Seed Stage 177

Seed Stage Hiring IPO Analytics 177

Both Sides of the Table

OCTOBER 12, 2014

” If you invested at $8m pre-money and put $2m in (thus you own 20% of a company at a $10m post-money valuation) and if you put another $2m into a round at a $40m valuation raising $10m ($50m post) you end up with half your money at $8m pre and half at $40m pre thus your average price goes up dramatically.

Technical Review 336

Technical Review Later Stage Early Stage LP 336

Startup Professionals Musings

JANUARY 27, 2012

When a company is at its earliest seed stage, the terms tend to be the least complex. The price is the percent of ownership given to the investor, calculated as “investment/post-money valuation.” However, there is no set pattern of terms an entrepreneur might be able to anticipate from either. Seat on the board.

Term Sheet 223

Term Sheet Pre-Money Valuation Due Diligence Post-Money Valuation 223

Both Sides of the Table

JULY 25, 2010

. “Yes&# was given to me by one of my favorite angel investor / seed VC’s to work with – John Greathouse of Rincon Venture Partners and author of the blog InfoChachkie that you should check out because it is filled with great info from a guy who has been a very successful operator.

Silicon Valley 293

Silicon Valley Technical Review Southern California Angel Investor 293

Startup Professionals Musings

SEPTEMBER 14, 2010

When a company is at its earliest seed stage, the terms tend to be the least complex. The price is the percent of ownership given to the investor, calculated as “investment/post-money valuation.” However, there is no set pattern of terms an entrepreneur might be able to anticipate from an angel, either.

Term Sheet 227

Term Sheet Pre-Money Valuation Due Diligence Post-Money Valuation 227

Agile VC

APRIL 17, 2011

Post-money valuation probably no higher than $12M (2). I co-founded NextView Ventures , a seed-stage VC firm based in Boston, in 2010. round closed in June 2004. Led by General Catalyst with participation by co-founders Steve Hafner & Paul English. liquidation preference, 6% accumulated dividend (1).

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113