Valuations were also therefore lower and I believe you could extrapolate that exit valuations too were lower. Exits with "homerun valuations" such as Skype, MySql, Bebo and so forth are far more outliers in the EU than they ever would be in the US. . Further, VC's will have to simply learn to syndicate more and work together. MORE >>

They bet early and were paid handsomely with great valuations.  Investors can now get those same valuations but at later stages.  That That is, they are investing in companies with lots of traction but at lower valuations.  VC funds need to obtain returns for their LPs, so investing later at lower valuations is a smart strategy.  MORE >>

Term sheets are an especially important topic right now as angel groups work to develop best practices on syndication (or co-investment.). Everything flows from the valuation - Excel is your friend. Exit alignment, redemption rights, exit 'push' and 'pull', valuation. Optimum financing strategies, valuation, capital efficiency. MORE >>

The process is called mass syndication, or a party round. Mass syndication is a single continuous seed round and I think it’s the state of the art in continuous fundraising. Here’s an outline and transcript: You can close an angel round with ‘mass syndication’ Start with terms and valuation below market. MORE >>

It involves telling a clear and exceedingly simple story, so the message is frictionless and can be circulated among the partners at the VC firm and among other VCs in a syndicate. skip to main | skip to sidebar 12 July 2010 When Is A Startup "Venture Fundable?" In a nutshell, the main factors are: 1. The “Big Idea.&# Story, Well Told. MORE >>