Agile VC

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When Does Zynga Become a Value Stock?

Agile VC

Governance/Control – Founder/CEO Mark Pincus has sold a good amount of his stock and owns <20% of shares outstanding, but now essentially has unilateral voting control of the company. So I can appreciate why public stock investors would be leery of Zynga and why the stock price has been punished recently.

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Cliff Notes S-1: Kayak ? AGILEVC

Agile VC

Interesting to note that Hafner and English own common stock but also made meaningful investments in the Series A & B rounds. Notes: In an IPO preferred share classes are converted into common stock, and liquidation preferences and accumulated but unpaid dividends essentially go away. as of 12/31/09). Author howerl.

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Punch & Pie: How Should Co-Founders Divide Equity?

Agile VC

Additionally, you should put whatever agreement you reach to paper, even if you have not yet incorporated or had your legal counsel draw up the founder stock paperwork. You can then work with your law firm to formally draw up founder common stock paperwork either then or subsequently.

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Punch & Pie: How Should Co-Founders Divide Equity?

Agile VC

Additionally, you should put whatever agreement you reach to paper, even if you have not yet incorporated or had your legal counsel draw up the founder stock paperwork. You can then work with your law firm to formally draw up founder common stock paperwork either then or subsequently.

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Groupon's S-1: From Zero to Like? Billions in 30 Months ? AGILEVC

Agile VC

The latter are included in free cash flow whereas the former are excluded, since they’re one-time in nature and it’s possible stock is used instead of cash for acquisitions. Notes: None of the above should be considered investment advice or a recommendation to buy or sell Groupon stock.

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Startup IPO Market: A Fickle Mistress ? AGILEVC

Agile VC

WSJ even points out that poor IPO performance “can be blamed primarily on the overall stock market” In fact IPO shares have outperformed the broader S&P 500 over comparable time periods. But if you read the whole article you glean more insight… the entire public equity markets have sunk in the last 3-4 months.

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Why Average VC Returns Don’t Really Matter

Agile VC

For example, if there were no S&P 500 ETFs or index mutual funds an investor could easily buy a “synthetic” equivalent by buying shares of all the S&P 500 stocks in proportion to each company’s weighting in the index.

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