Feld Thoughts

OCTOBER 15, 2013

In addition to these eight criteria, all members follow the established ethos (give before you get; put entrepreneurs first) of accelerators in GAN, including a thorough review of an accelerator’s term sheets and numerous conversations to vet accelerator founders’ intentions and operational practices.

Global 179

Global Networking United States Seed Money 179

Feld Thoughts

JULY 27, 2011

When Jason and I set out to write Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist , we both agreed that we wanted to try to create as useful and durable a reference guide for entrepreneurs interested in raising a round of venture capital as we could. You can find them on the Ask the VC Resources page.

Term Sheet 136

Term Sheet Preferred Stock Merger Venture Capital 136

Feld Thoughts

AUGUST 15, 2019

If you’re an entrepreneur who wants to raise capital and grow your business, this online course teaches you the basics you need to know for working with VCs. And, if you are starting off as a VC or a lawyer for venture capital deals and you want a refresher on the core issues in a term sheet, this online course is for you.

Term Sheet 34

Term Sheet Capitalization Table Venture Capital Video 34

Feld Thoughts

FEBRUARY 25, 2016

If you’ve never experienced a retrade, or don’t know what I’m talking about, it’s the situation when you have a firm deal agreed upon or a term sheet signed and are proceeding to closing a deal, when the investor (or acquirer) decides to change the terms of the deal.

Term Sheet 70

Term Sheet Reputation Valuation Acquisition 70

Feld Thoughts

MARCH 30, 2017

I don’t know which VC or Private Equity firm first came up with this list of questions, but like many elements of a term sheet, they seem to have been passed down from generation to generation. Are there any things you would want to know if you were me?

Hiring 70

Hiring Private Equity Term Sheet Equity 70

Feld Thoughts

FEBRUARY 28, 2023

GESSI develops standardized sample contracts comparable to the National Venture Capital Association in the USA, which are available online at www.standardsinstitute.de. Samples: The samples in the Annex of the German edition, i.e., the Term Sheet and the Letter of Intent, are essentially based on the samples of the U.S.

Germany 165

Germany Liquidation Preference Option Pool Advisory Board 165

Feld Thoughts

APRIL 29, 2015

in Funding: Here is the Valuation, Term Sheet and Why We’re Doing It. Another company that did an awesome transparent funding announcement was Buffer (and app and company I love, but am only a tiny investor in via an AngelList syndicate) when they announced We’re Raising $3.5m Data, data everywhere. And lots and lots of story.

Atlanta 70

Atlanta Valuation Term Sheet Finance 70

Feld Thoughts

DECEMBER 31, 2015

If you are in any kind of investment business (including Venture Capital) you should read this book right now. The Term Sheet: A Startup Thriller Novel : I’m a big fan of the Startup Fiction genre. I should have read this book when it first came out. This is a very timely and relevant book for any angel investor.

Angel Investor 70

Angel Investor Investment Bankers Term Sheet Texas 70

Feld Thoughts

JUNE 2, 2015

But if they don’t know this, and they are negotiating terms with a VC who is expecting the notes to convert in the pre-money, it can create a mess after the terms are agreed to somewhere between the term sheet stage and the final definitives.

Liquidation Preference 70

Liquidation Preference Cap Table Angel Investor Post-Money Valuation 70

Feld Thoughts

DECEMBER 19, 2016

It’s pretty cool how much it has held up over the last five years and we are delighted that it continues to be at the top of the Amazon bestseller list for Venture Capital books. A section on Corporate Venture Capital and Strategic Investors. A new chapter (now 15) on Why Do Term Sheets Even Exist?

Term Sheet 70

Term Sheet Venture Capital Angel Investor Strategic Investors 70

Feld Thoughts

JULY 14, 2015

The term sheet converts all the convertible debt into a post-money valuation of $100, essentially making the convertible debt worthless. So they recapitalize the company. The new money comes in at a pre-money valuation of $100, but includes a complete refresh of founder equity to 40% of the company.

Recapitalization 70

Recapitalization Pre-Money Valuation Post-Money Valuation Angel Investor 70