Startup Professionals Musings

APRIL 18, 2021

If your startup is great enough to get a term sheet from angel investors or a venture capitalist, the next step for the investor is to complete the dreaded due diligence process. Depending on the availability of staff and needed information, the due diligence process generally takes 2–6 weeks to perform.

Technical Review 380

Technical Review Due Diligence Term Sheet Angel Investor 380

Startup Professionals Musings

FEBRUARY 4, 2012

After you have successfully attracted angels or venture capital with your business case, your million dollar product idea, and you have a signed term sheet, there is still one more hurdle to overcome before investors write the check. This is the dreaded “due diligence” process. Product or service readiness. Waste no time.

Technical Review 237

Technical Review Due Diligence Intellectual Property Private Equity 237

Startup Professionals Musings

JUNE 29, 2012

If your startup is great enough to get a term sheet from angel investors or a venture capitalist, the next step for the investor is to complete the dreaded due diligence process. Depending on the availability of staff and needed information, the due diligence process generally takes 2–6 weeks to perform.

Technical Review 245

Technical Review Due Diligence Term Sheet Startup 245

Startup Professionals Musings

OCTOBER 22, 2010

After you have successfully attracted angels or venture capital with your business case, your million dollar product idea, and you have a signed term sheet, there is still one more hurdle to overcome before investors write the check. This is the dreaded “due diligence” process. Product or service readiness. Waste no time.

Technical Review 225

Technical Review Due Diligence Intellectual Property Private Equity 225

Both Sides of the Table

AUGUST 28, 2012

Another VC called the co-founder & tech head – Parker Harris. There is no reason to part with your cap table or legal docs until you’re convinced that they’re actually committed to doing work with you in due diligence. ” Heading into a Term Sheet – Final Due Diligence.

Technical Review 316

Technical Review Due Diligence Term Sheet Cap Table 316

The Startup Magazine

SEPTEMBER 15, 2020

Many companies need venture capital funding, including startups. It is a type of financing that investors can provide to startups and small businesses which are believed to have the potential for success in the long term. They often invest in the technology industry and in other areas with great potential for growth.

Venture Capital 144

Venture Capital Technical Review Software Review Security 144

Startup Professionals Musings

DECEMBER 28, 2010

If your startup is great enough to get a term sheet from angel investors or a venture capitalist, the next step for the investor is to complete the dreaded due diligence process. Depending on the availability of staff and needed information, the due diligence process generally takes 2–6 weeks to perform.

Technical Review 229

Technical Review Due Diligence Term Sheet Angel Investor 229

VC Cafe

JANUARY 30, 2023

It’s also worth checking YC’s series A due diligence checklist. A well-organised data room can play a crucial role in making the process more efficient, and get the money quicker into the startup’s bank account. Today, I want to share another resource that is a bit underrated – the data room.

Technical Review 103

Technical Review Due Diligence Cap Table Startup 103

Gust

NOVEMBER 14, 2011

After you have successfully attracted angels or venture capital with your business case, your million dollar product idea, and you have a signed term sheet, there is still one more hurdle to overcome before investors write the check. This is the dreaded “due diligence” process. Product or service readiness. Waste no time.

Technical Review 152

Technical Review Due Diligence Intellectual Property Private Equity 152

Startup Professionals Musings

SEPTEMBER 10, 2014

Even though the color of their money is always green, all startup investors are not the same. Struggling entrepreneurs are often so happy to get a funding offer that they neglect the recommended reverse due diligence on the investors. Personally visit another startup funded by this investor. It’s no fun for either side.

Technical Review 257

Technical Review Due Diligence Term Sheet Offshore 257

David Teten

DECEMBER 3, 2019

When I met my now-wife, I realized that any technology that can find me a spouse is a killer app. I’d argue that the same type of technologies that have revolutionized dating can revolutionize our industry. . I walk through below how progressive investors are using technology and analytics throughout all of their operations.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Startup Professionals Musings

MARCH 27, 2016

Even though the color of their money is always green, all startup investors are not the same. Struggling entrepreneurs are often so happy to get a funding offer that they neglect the recommended reverse due diligence on the investors. Personally visit another startup funded by this investor. It’s no fun for either side.

Technical Review 120

Technical Review Due Diligence Term Sheet Offshore 120

ithacaVC

DECEMBER 9, 2013

We (Cayuga Venture Fund) just signed up a term sheet with a new company (Company X). Rather I want to briefly comment on the process leading up to the term sheet and next steps. So our diligence and exploration process took us 4 months. It involved Company X finding a technology lead during our process.

Term Sheet 58

Term Sheet Cap Table Technical Review IP 58

ReadWriteStart

MARCH 31, 2020

Venture capital investment is one of the top places startups look out for when seeking funding for their business alongside other popular options like angel investing and crowdfunding. In the same vein, various technological innovations such as artificial intelligence have made VC funding easier and less biased.

Technical Review 175

Technical Review Artificial Inteligence Startup Term Sheet 175

NZ Entrepreneur

AUGUST 4, 2021

And if you’re a high-growth startup looking to get off the ground or expand, it’s likely you’ll need an injection of capital to do that. Again, use this as an opportunity to pique their interest – and ultimately, land follow-up meetings or enter due diligence. Due diligence, information memorandums & data rooms.

Technical Review 61

Technical Review Software Review Founder Due Diligence 61

Startup Professionals Musings

JANUARY 20, 2019

But people are still begging for more technology or laws, often to protect them from themselves. Deposit required to hold your terms. In this scam, you are offered a very attractive term sheet due to close in 90 days or so, with a deposit required to hold your position while due diligence is being conducted.

Technical Review 228

Technical Review Non-disclosure Agreement Due Diligence Term Sheet 228

Rob Go

DECEMBER 14, 2016

When a VC invests in a startup, the two parties usually sign a term sheet that lays out the major terms of the investment round. This is usually followed by several weeks or longer of legal due diligence. 90%+ of term sheets result in a closed deal that is more or less equivalent to what was discussed.

Term Sheet 28

Term Sheet Technical Review Due Diligence Private Equity 28

VC Cafe

AUGUST 11, 2022

And so a large part of the VCs time is focused on the question ‘who should I invest in’ Equally important though, is the question of why should a founder/ startup take your money. If you agree that the top founders are likely to receive multiple term-sheets, then the importance of founder-investor fit increases.

Founder 187

Founder Term Sheet Cofounder Venture Capital 187

This is going to be BIG.

APRIL 13, 2022

Whenever I submit a term sheet, I always caveat it by saying the following: “This is the one time we’re completely misaligned. What’s harder to notice for a founder is all of the things that a founder isn’t being asked to review in detail that a VC has no problem trusting the founder on. Founders seem to get that.

Founder 159

Founder Fiji CTO Hire Term Sheet 159

Tim Keane

JANUARY 12, 2010

Startups and angels: Along the way to success. Term-sheets and Valuations: Thinking about Negotiations. Please see later version of this post on May 16, 2010 Entrepreneurs are often not experts in the area of term-sheet negotiations and all of the surrounding issues. The Valuation Question. Let’s start at the end.

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

Both Sides of the Table

OCTOBER 19, 2014

Because the hundreds of millions that it takes to greenlight a theatrical film could never be absorbed by a startup and because they way we experience media & characters has evolved dramatically over the past 20 years to a point where the starting point for media is often digital, gaming or even graphic novel oriented. And Seriously.

Technical Review 373

Technical Review North America Los Angeles Cofounder 373

Both Sides of the Table

JULY 29, 2009

You finally get your first term sheet. They’re giving me 48 hours to sign the term sheet or it expires? Will they really pull the term sheet if I don’t sign? Will they really pull the term sheet if I don’t sign? First, every term sheet has an expiration date in it.

Term Sheet 197

Term Sheet Technical Review Due Diligence Venture Capital 197

Gust

MAY 22, 2012

We now have an investment in Cascade ProDrug, using technology developed at our own University of Oregon (based in Eugene, where I live) to help people fight cancer by reducing the toxic effects of chemotherapy. We have a standard term sheet as a starting point. This year we started with more than 30 submissions from startups.

Technical Review 111

Technical Review Oregon Due Diligence Term Sheet 111

Both Sides of the Table

FEBRUARY 25, 2010

We had many term sheets (it was 1999 and we had a pulse) and we were deciding which one to take. We were trying to optimize around a few criteria: price, size of round, number of syndicate partners and, of course, terms. We ended up agreeing a term sheet for $16.5 6 weeks’ later he didn’t have other term sheets.

Technical Review 301

Technical Review Term Sheet Due Diligence Venture Capital 301

Both Sides of the Table

SEPTEMBER 25, 2010

Having re-read it, I believe his real premise instead is, “Fixed-size, multi-investor angel rounds are such a bad idea for startups that one wonders why things were ever done that way.&#. Either would be fine with startups, so long as they can easily change their valuation. When I’m in, I’m in. rings true to me.

Finance 286

Finance Term Sheet Technical Review Warrant 286

www.quora.com

JANUARY 16, 2011

Find Questions, Topics and People Add Question Add Question Venture Capital Venture Capital Term Sheets Startups Term Sheets What are examples of good startup term sheets? Ycombinator open source term sheet is a good start for Seed deals. Was hoping to link to just the term sheet.

Term Sheet 41

Term Sheet Startup Angel Investor Wiki 41

Both Sides of the Table

MAY 10, 2018

I remind founders that the no’s come early because it’s super easy to qualify out a deal that you know is unlikely due to stage, focus, geography, competitive deal you’ve done or even just the fact that you’re too busy right now. When you finally get a term sheet you get three. These are the “lemons that ripen early.”

Term Sheet 232

Term Sheet France Technical Review Restful 232

Startup Professionals Musings

JANUARY 18, 2017

But people are still begging for more technology or laws, often to protect them from themselves. Deposit required to hold your terms. In this scam, you are offered a very attractive term sheet due to close in 90 days or so, with a deposit required to hold your position while due diligence is being conducted.

Technical Review 120

Technical Review Non-disclosure Agreement Due Diligence Entrepreneur 120

Startup Professionals Musings

SEPTEMBER 26, 2013

But people are still begging for more technology or laws, often to protect them from themselves. Deposit required to hold your terms. In this scam, you are offered a very attractive term sheet due to close in 90 days or so, with a deposit required to hold your position while due diligence is being conducted.

Technical Review 202

Technical Review Non-disclosure Agreement Due Diligence Entrepreneur 202

Both Sides of the Table

APRIL 13, 2011

My initial desire to blog came from something that’s always been my approach to investing – I’m a nerd and I love to play with the technology and part of my approach has really been to understand things both at a user level and at a reasonably deep tentacle level. Brad on blogging. How did you start blogging? “My Is that when it became big?

Technical Review 288

Technical Review Venture Capital Silicon Valley Software Review 288

Version One Ventures

MARCH 3, 2021

ICYMI, here is a list of our posts on why we’re excited about backing these startups. In helping our portfolio startups go through the announcement process, we’ve compiled some suggestions to guide you in putting out your message and making sure it gets amplified in the right way. Most popular tech publication = TechCrunch.

Social Media 147

Social Media Technical Review Term Sheet PR 147

Up and Running

MAY 11, 2016

On April 25, 2016, Wiley published “The Startup Checklist: 25 Steps to a Scalable, High-Growth Business” by David S. If you work in the technology industry, you’ve probably heard of David: an Inc. Who should read “The Startup Checklist”? What’s in “The Startup Checklist”?

Technical Review 60

Technical Review Term Sheet Startup Due Diligence 60

Both Sides of the Table

FEBRUARY 14, 2010

We were super excited by their offering – they had patented technology in a field that we believe will continue to grow massively. During the final pre-term sheet due diligence we discovered that the CEO had had a felony arrest for a significant crime that he hadn’t disclosed to us.

Technical Review 284

Technical Review Due Diligence Entrepreneur Early Stage 284

David Teten

AUGUST 19, 2019

However, many industry experts question the accuracy of early-stage market data, given many startups are no longer filing their Form Ds. I asked Michael Hoffman, Partner and General Counsel of Feenix, how he compared his firm with tech-enabled Merchant Cash Advance companies, e.g., Clearbanc , C2FO , Shopify Capital , etc.

Revenue 60

Revenue Term Sheet Founder Technical Review 60

David Teten

JANUARY 19, 2021

More and more startups are pursuing Revenue-Based VCs , but “RBI” doesn’t fit everyone. Our categorization is not a technical one. Additionally, Flexible VC can accommodate all types of companies, not just asset-lite, tech-enabled companies.”. His work on VC and small communities can be found at greatercolorado.vc/blog.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Mucker Lab

AUGUST 27, 2014

At the time, LA and Santa Clara were both the epicenter of the technology industry due to the significant overlap between the aerospace/military industry (Los Angeles) and the computing business (Silicon Valley). Given our backgrounds, we often get asked about what makes the tech scene in Los Angeles different from that in the Valley.

Los Angeles 138

Los Angeles Southern California Silicon Valley Technical Review 138

Hunter Walker

OCTOBER 31, 2020

So I’ve found that when you’re not already ‘in the door’ at a firm (ie went to school with the senior GP’s kids, worked at a startup they backed) that there are four different types of “qualifications” they are seeking. Qualification #3: You understand a specific complex technology that is a current or emerging investment theme for the firm.

North Carolina 90

North Carolina Hiring Angel Investor Technical Review 90