SoCal CTO

FEBRUARY 2, 2011

They might have some seed money and are thinking or raising a Series A based on success of an early release (MVP). Because of this, I've always tried to stay up-to-speed on how early-stage investors look at valuation of companies. Bill Payne is an expert on how early-stage investors should look at valuation.

Valuation 198

Valuation Revenue Pre-Money Valuation Early Stage 198

www.paulgraham.com

OCTOBER 23, 2010

Its not what people learn in classes at MIT and Stanford that has made technology companiesspring up around them. In a technology startup, which most startups are, the foundersshould include technical people. The rulers of the technologybusiness tend to come from technology, not business. Its the same with technology.

Startup 105

Startup Cofounder Software Stock 105

www.paulgraham.com

APRIL 28, 2010

It wasnt because they werent accredited investors that I didntask my parents for seed money, though. When we were starting Viaweb,I didnt know about the concept of an accredited investor, anddidnt stop to think about the value of investors connections.The reason I didnt take money from my parents was that I didntwant them to lose it.

Technical Review 76

Technical Review Startup Software Review Angel Investor 76

This is going to be BIG.

SEPTEMBER 7, 2012

If you're doing seed deals, how often does a down round in a seed deal even happen? If you're investing at pre-money valuations in the low to mid single digits, then how much worse can the next round even get? But that's when you've actually proven this thing is a viable company and there's work worth protecting.

Later Stage 99

Later Stage Down Round Pre-Money Valuation Early Stage 99