Both Sides of the Table

JANUARY 5, 2010

Your financial risks of starting most technology companies these days are so low. VCs don’t have the same net worth litmus test and great entrepreneurs have a ton of sources for seed money to get financed very early. It’s lost salary for a period of time. You have kids, a mortgage, MBA debt?

Entrepreneur 293

Entrepreneur CTO Hire South America Salary 293

Both Sides of the Table

DECEMBER 27, 2011

If you spent the 3 years perfecting some hugely differentiated technology IP that may also be different. They both raised angel / seed money of $1.5 ” Harsh, but reality. If you had huge customer growth but just didn’t focus on revenue that’s a different story. Both companies look the exact same after one year.

Startup 418

Startup Revenue Technical Review Flash 418

Both Sides of the Table

MAY 13, 2013

And they might give a premium if the team has been around a longer period of time, has built some hard-to-build proprietary technology or has some customer traction. Let’s assume $2 million in seed money. It says if you want to make “real” money - quit. Get some famous angel or seed money.

Liquidation Preference 357

Liquidation Preference Early Stage Retention Lock-up Period 357

Both Sides of the Table

JUNE 28, 2010

This includes seed funding Automattic (who produce WordPress, the blog I use for this website) and investing in formspring.me, stickybits, Thing Labs (producer of Brizzly), KissMetrics and many others including Quantcast. So how is Mike able to do this at a time where others have warned against taking seed money from VC funds?

San Francisco 230

San Francisco Los Angeles Cofounder SMS 230

Both Sides of the Table

AUGUST 1, 2010

I think the issue was mostly framed initially by Chris Dixon in his article The Problem with Taking Seed Money from Big VC s. VentureHacks laid out the debate in a truly awesome interview & PowerPoint slides if you really want an in-depth understanding of the issue. We already have one example, which is Ad.ly.

Post-Money Valuation 298

Post-Money Valuation Term Sheet Warrant Partner 298

Both Sides of the Table

SEPTEMBER 2, 2009

I raised $500k in seed money to start the company. Tags: Pitching VCs Start-up Advice VC Industry startup technology vc venture capital. I had just moved back to the US from living in Europe for 11 years. We had never purchased a house in Europe because we always knew we’d move home at some point.

Founder 329

Founder Liquidation Preference Term Sheet Participating Preferred 329