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Pre-Money Valuation
+ Term Sheet
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28 articles |
| Page 1 of 1 | Previous | Next | THE STARTUP LAWYER AUGUST 24, 2010 Convertible Note Term Sheets Just like the preferred equity financing process, the convertible debt financing process can start with a term sheet, rather than a full set of financing documents. It also makes any potential back-and-forth on terms easier to manage. Term : When is the maturity date of the convertible notes? 2X/3X, etc.) | | | | | | | | | | THE STARTUP LAWYER JANUARY 10, 2011 Term Sheet Purgatory There’s a lot of advice about (1) how to attract VCs, and (2) how to negotiate a venture capital term sheet. Both sets of advice tend to ignore the gap between an investor’s expression of investment interest and your startup’s receipt of the term sheet. Venture Capital angel investor startup Term Sheet | THE STARTUP LAWYER FEBRUARY 4, 2011 How to Evaluate an Offer from a Startup Incubator The following are some issues to consider and actions to take before accepting an incubator’s offer: (1) Calculate Valuation and Determine Value. Pre-money valuations startups receive from incubators are typically low…really low. Startup Issues accelerator incubator startup Term SheetConclusion. | SEEING BOTH SIDES JULY 15, 2009 In VC deals, Price Doesn't Matter - But The "Promote" Does Year in, year out, Thus, VCs and entrepreneurs are not operating on an equal playing field when it comes to negotiating financings and interpreting the impact of the terms involved. And if they don't focus on the pre-money, they focus on their ownership position after the financing, irrespecive of the amount of capital that was raised. | | | | | | | | | -
BOTH SIDES OF THE TABLE | THURSDAY, JULY 22, 2010 Want to Know How VC’s Calculate Valuation Differently from Founders? Back in 1999 when I first raised venture capital I had zero knowledge of what a fair term sheet looked like or how to value my company. Due to competitive markets we ended up with a pretty good term sheet until we needed to raise money in April 2001 and then we got completely screwed. No hidden terms. MORE >> -
ASK THE VC | TUESDAY, SEPTEMBER 20, 2011 Convertible Debt – Valuation Caps Today, in our series on convertible debt, we examine the conversion valuation cap. The cap is an investor-favorable term that puts a ceiling on the conversion price of the debt. The entrepreneurs thinks their valuation should be higher. They receive a term sheet at $20 million pre- money valuation. MORE >> -
CURRENTLY OBSESSED | THURSDAY, MAY 27, 2010 Unexpected Startup Lesson #2: Channel your Inner VC to Understand Startup Valuations Valuation is an important aspect of VC deal terms, and a major determinant of your ultimate outcome. I unexpectedly found that it was more helpful to think about the company valuation as an output variable in the fund-raising equation. The other terms (besides valuation) matter too! Or is it? MORE >> -
VENTUREHACKS.COM | THURSDAY, OCTOBER 21, 2010 The Option Pool Shuffle SUPPORTED BY Products Archives @venturehacks Books AngelList About RSS The Option Pool Shuffle by Nivi on April 10th, 2007 “Follow the money card! – The Inside Man, Three-Card Shuffle Summary: Don’t let your investors determine the size of the option pool for you. Later that evening you review the term sheet from Blue Shirt. MORE >> - Sizing Option Pools In Connection With Financings
Investors like to require that an unissued option pool is in the pre- money valuation calculation when they put money into early stage companies. They'll put 15% into the term sheet and then let the entrepreneur negotiate them down from there and maybe if you are lucky you'll get them to 10%. MORE >>
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- 9 Quick Tips Learned While Raising $33 Million In Venture Capital ONSTARTUPS | SUNDAY, FEBRUARY 7, 2010
- Woulda Coulda Shoulda - Twitter REDEYE VC | FRIDAY, APRIL 15, 2011
- The downside of high valuations STARTUPCFO | WEDNESDAY, NOVEMBER 24, 2010
- How to Fund a Startup WWW.PAULGRAHAM.COM | WEDNESDAY, APRIL 28, 2010
- Time is the Enemy of All Deals BOTH SIDES OF THE TABLE | THURSDAY, FEBRUARY 25, 2010
- The Double Dip – Participating Pref STARTUPCFO | TUESDAY, AUGUST 24, 2010
- Channel your Inner VC to Understand Startup Valuations WWW.CURRENTLYOBSESSED.COM | FRIDAY, MAY 28, 2010
- Can VC’s Invest Across Two Funds? BOTH SIDES OF THE TABLE | SATURDAY, APRIL 3, 2010
- Fire in The Valley, Fire in My Belly. and Yes, Mike, I Have. 500 HATS | WEDNESDAY, SEPTEMBER 22, 2010
- Ask the Angels ASK THE ANGELS | MONDAY, JULY 28, 2008
- More on Liquidation Preferences ALTGATE | THURSDAY, DECEMBER 16, 2010
- Ask the Angels ASK THE ANGELS | TUESDAY, MARCH 4, 2008
- Ask the Angels ASK THE ANGELS | WEDNESDAY, MARCH 5, 2008
- Ask the Angels ASK THE ANGELS | WEDNESDAY, MAY 14, 2008
- Anatomy of a Term Sheet: Nature of a Term Sheet and Summary of Offering Terms VC READY BLOG | TUESDAY, JUNE 22, 2010
- Anatomy of a Term Sheet: Nature of a Term Sheet and Summary of Offering Terms VC READY BLOG | TUESDAY, JUNE 22, 2010
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