www.seriesseed.com

DECEMBER 9, 2012

  Based on the comments received, both on the blog and in the many deals in which these documents have been used, I am convinced that the terms of a simple set of equity documents are really not an issue.  In sum, Series Seed creates a level playing field between capped debt and equity documents in terms of speed and cost. 

Term Sheet 40

Term Sheet Ratchet Dilution Equity 40

The Startup Magazine

DECEMBER 18, 2018

Startup businesses that enjoy long-term profitability often have to endure a host of growing pains and overcome a wide range of problems. The problem is, the majority of startups are in the red throughout their first year, and overstaffing is one of the surefire ways to ratchet up debt.

Ratchet 99

Ratchet Startup Hiring Employee 99

Hearpreneur

OCTOBER 9, 2019

On top of that, I haven’t had to go to work in terms of being dependent on a paycheck in as much time. Such a team can also often do the work for you, which helps to ratchet-up your effectiveness. Photo Credit: Justin Gray. I’m entering the 10th year in my primary business, which to be clear, is a brutal amount of time to my ADD mind.

Entrepreneur 88

Entrepreneur Technical Review Ratchet Restful 88

Haystack

APRIL 10, 2018

“Pre-Seed” is somewhat of a controversial term in the investing world, triggering reactions questions its validity, its effectiveness, and even its contribution. 4/ LPs noted that the term “pre-seed” is really a U.S. Some press showed up, too. This was interesting to me.

Seed Stage 60

Seed Stage San Francisco Ratchet Silicon Valley 60

Up and Running

MAY 21, 2015

In this article, we’ll introduce you to some of the most important contract terms to watch out for when negotiating an agreement to accept outside investments, and explain why they’re worth worrying about. So you need to make sure you understand what they’re getting, and what you’re giving up in terms of control and profits.

Covenant 60

Covenant Liquidation Preference Ratchet Dilution 60

Feld Thoughts

FEBRUARY 9, 2016

Much of it is very short term focused and, like a giant tractor beam, draws the conversation into a very short time horizon (as in days or weeks). One of my favorite lines in buried in the middle: “I’ve heard enough companies say “we simply can’t cut costs or it will hurt the long-term potential of the business” to get a wry smile.

Cap Table 70

Cap Table Down Round Liquidation Preference Founder 70

Gust

SEPTEMBER 17, 2014

Me: Raising convertible notes as a seed round is one of the biggest disservices our industry has done to entrepreneurs since 2001-2003 when there were “full ratchets” and “multiple liquidation preferences” – the most hostile terms anybody found in term sheets 10 years ago. Objectively. These are all real conversations.

Liquidation Preference 153

Liquidation Preference Valuation Term Sheet Stock 153

Startup Lessons Learned

SEPTEMBER 12, 2013

Steven framed the value of MVP in terms of the enormous bureaucratic hurdles he has to cross: “The NYCDOE is by far the largest school district in the country, with 1,800 schools, 1.1 million kids, and 135,000 employees. MVP is a frequently-used acronym on the product and engineering teams and pervasive around Sharethrough as a whole.

Lean 162

Lean Startup Ratchet New York City 162

ithacaVC

MAY 4, 2011

It typically is used in the context of someone (often a VC) attempting to change deal terms between a signed term sheet and the closing of the investment. The typical time between term sheet signing and closing is 45 – 60 days so there is ample room (unfortunately) to revisit issues. VCs horse trade with each other too.

Term Sheet 49

Term Sheet LP Ratchet Liquidation Preference 49

VC Cafe

OCTOBER 31, 2022

Many companies are now having to resort to tough measures in order to stay afloat, including layoffs, down rounds and tough terms from current investors. It’s a tough time for a lot of startup founders right now.

Founder 173

Founder Technical Review Down Round Liquidation Preference 173

Duct Tape Marketing

JULY 7, 2016

But as cold-calling is (and never really has been) a very effective technique, more and more companies are aiming at building and maintaining long-term relations with high-ranking websites including the newspaper. This is because referrals from high-quality websites have become a fantastic way to boost your rank in Google. Conclusion.

PR 41

PR SEO Algorithm Ratchet 41

ithacaVC

MAY 10, 2011

Importantly, VC1 does not collect all the money in advance and then invest in short term securities. That is a hefty sum (and over the life of a fund, can amount to a large amount of management fee; most funds have a life of 10 years and the management fee often ratchets down after 5 years). So, for VC1, that would be $2mm a year.

Carried Interest 51

Carried Interest Ratchet Limited Partner Due Diligence 51

Duct Tape Marketing

OCTOBER 10, 2018

The way that I choose to define hyper focus … I kind of borrow, like you said, the term from ADHD literature. The term hyperfocus, and if you look at the cover of the book, I have a copy here, it’s very red. A lot of that involves ratcheting down how stimulated we are by default because I think you got it right.

Ratchet 73

Ratchet Restful Email Product 73

Up and Running

APRIL 27, 2012

With continuous development it can lead to percentage improvements at each step, which ratchet up and can have a profound impact on the final revenue tally. This funnel analysis needs to be at the heart of all shopping sites metrics.

Metrics 68

Metrics Nigeria Ratchet Churn Rate 68

Babbling VC

DECEMBER 12, 2010

This is a great sign in terms of how LeWeb is viewed outside of Europe. If the quality of the conference remained high, you could easily ratchet up the prices and just make it a must-attend event, even if you have to pay more than for an open event. Loic also said it on stage but you could clearly see it when walking around.

Ratchet 71

Ratchet Japan Asia India 71

Duct Tape Marketing

NOVEMBER 18, 2021

And then a flux deficit is when you're not, and this is such a fun term to riff on, you know, flexi people and flexing your flux capacity actually is another way to put your Fluxus. And that makes a lot of people nervous and anxious and uncertainty just ratchets up your portfolio is yours forever. You own it.

Portfolio 90

Portfolio Software Review Framework Networking 90

Startup Lessons Learned

MAY 7, 2009

As the product matured, they were able to ratchet up the quality to prevent regression on features that had been truly embraced by their customers. As Eric said, “at IMVU, ‘release’ is a marketing term&#. Third, they evolved ways to selectively expose functionality to sets of users.

Continuous Deployment 131

Continuous Deployment San Francisco Software Review Lean 131

This is going to be BIG.

SEPTEMBER 6, 2019

Sometimes they have various ratchets and other bells and whistles that protect their downside further, like when Square IPO’d. If WeWork, like Amazon, is betting on a much longer term view of the market, the price could be justified. One thing is for sure—there does seem to be a lot of hair on this deal.

Ratchet 116

Ratchet Early Stage Valuation IPO 116

abovethecrowd.com

APRIL 20, 2016

Everyone was successful on paper, but in terms of real cash-on-cash returns, there was little to show. The Sharks Arrive With Dirty Term Sheets. Examples of dirty terms include guaranteed IPO returns, ratchets, PIK Dividends, series-based M&A vetoes, and superior preferences or liquidity rights. Who are the Sharks?

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

The Startup Toolkit

JANUARY 10, 2017

Investors can delay until you’re desperate and then ratchet the terms. It’s not just cofounders. Partners can break their contracts. Suppliers can fail to deliver. Employees can blackmail or extort you. Potential acquirers can enter due diligence to learn your trade secrets and then launch a competing product.

Cofounder 20

Cofounder Technical Review Vesting Ratchet 20

Startup Lessons Learned

DECEMBER 7, 2008

As a last disclaimer, please consult the definition of the word hacker if youre not familiar with the controversies surrounding that term.) It also helps ratchet down the pressure, since so many of the interruptions that plague the typical hacker are actually the same bugs recurring over and over.

Software Review 94

Software Review Technical Review Part-Time VPE San Francisco 94

Entrepreneurs-Journey.com by Yaro Starak

MAY 18, 2011

In great detail, the ad explained what went on “beneath the dial&# with beautiful pictures showing dozens of interlocking ratchets, with wheels within wheels. That’s a benefit powerfully denominated in terms that appeal to the buyer, who sees a tangible advantage or benefit from choosing Domino over any other competing brand.

Ratchet 86

Ratchet Internet Differentiation Audience 86

Professor VC

JUNE 6, 2016

I can just picture Mr. Rogers saying "Children, can you say participating preferred stock with an uncapped 3x liquidation preference and a full ratchet?" Some are able to offer better terms (pro-rata rights, lower valuation caps) than an individual could get. Well, maybe so after watching his middle finger salute.

Syndicate 28

Syndicate Syndication Cap Table Ratchet 28

Startup Lessons Learned

MAY 27, 2020

48:19) On how structural changes focused on short-term thinking, goals and outcomes, along with lack of planning for low-probability events, have affected us. (49:28) 49:28) Getting funding for their work wasn't difficult and it came from investors who think long-term. (51:36) You ratchet up a drug that has known side effects.

United States 68

United States Europe Ratchet Technical Review 68

Up and Running

MAY 13, 2015

Other links: The Time to Think About the 3D-Printed Future is Now (HBR), Space Station Builds 3D-Printed Ratchet Wrench (NASA), Shapeways.com (3D printing marketplace). Our favorite 3D Printing examples: Crayon Creatures , How to Print Your Own Mountain Bike , Enabling the Future , Regenerative Medicine. Candice, what is content marketing?

Business Plan 60

Business Plan Marketing Oregon Small Business 60

Steve Blank

JUNE 18, 2020

There’s a high probability Taiwan will still refuse despite all of this, so China would then ratchet up the pressure. A Trump administration in its second term and no longer worrying about reelection might reverse the ruling in exchange for a better trade deal.

Taiwan 436

Taiwan China United States Arizona 436