Genuine VC

MAY 20, 2013

Compared to most other areas of finance, venture capital is practiced as more of an art, as opposed to a science. The art of venture capital also means that for entrepreneurs raising it, there isn’t one definitive playbook which can be used as a guide. MYTH: Goal of entrepreneur’s VC fundraising is a term sheet.

Venture Capital 244

Venture Capital Cap Table Portfolio Early Stage 244

Genuine VC

JANUARY 13, 2014

Venture capital firms are comprised of people, which natural means that their idiosyncrasies seep into the process. The first venture firm at any one juncture progressing to the next step (first meeting, second meeting, diligence, partner meeting, term sheet, etc.) becomes the “pace-car” for that lap.

Term Sheet 206

Term Sheet Venture Capital Valuation Portfolio 206

Genuine VC

JANUARY 15, 2015

In other words, as much as feasible, to gate all of the VC discussions so that they’re progressing along essentially the same pace – with the goal to receive multiple terms sheets near simultaneously in order to best select the best offer and best partner, with full information. But reality doesn’t always play out as neatly.

Lead Investor 100

Lead Investor Term Sheet Venture Capital Portfolio 100

Genuine VC

JULY 6, 2011

A lot has been written for entrepreneurs about optimizing a venture capital fundraising process, but one aspect which isn’t discussed very often is the pacing of it. Peace of mind in that an entrepreneur shouldn’t worry early-on that a term sheet isn’t forthcoming after one conversation.

Term Sheet 150

Term Sheet Deal Flow Venture Capital Conversion 150

Genuine VC

MARCH 25, 2010

That situation sounds very positive in theory, but the problem is that this founder wasn’t ready for this interest and is trying to play catch up in other capital raising discussions (with both angels and VCs). Like most things, knowing who, when, how much, about what, and how often to talk to VCs about your startup is not clear-cut.

Early Stage 123

Early Stage Venture Capital Term Sheet Conversion 123

Genuine VC

MARCH 25, 2010

That situation sounds very positive in theory, but the problem is that this founder wasn’t ready for this interest and is trying to play catch up in other capital raising discussions (with both angels and VCs). Like most things, knowing who, when, how much, about what, and how often to talk to VCs about your startup is not clear-cut.

Early Stage 121

Early Stage Venture Capital Term Sheet Conversion 121