Both Sides of the Table

APRIL 13, 2011

Yeah, that was when I changed for me…” “…there was so much positive feedback on demystifying this one element of venture capital. The value of Pitch Decks; Brad’s personal preferences on deal presentation; and Brad’s practice of accepting cold approaches via email. Brad’s start in Venture Capital. was starting.

Technical Review 288

Technical Review Venture Capital Silicon Valley Software Review 288

Both Sides of the Table

OCTOBER 19, 2009

My blog linked to Brad Feld’s blog because I was so grateful for his series on term sheets and he was one of the biggest reasons that as a VC I felt compelled to blog. On December 3rd Brad Feld wrote a one paragraph blog post titled “ Raising Venture Capital &# in which he linked to my blog. Tempus Fugit.

Venture Capital 274

Venture Capital Term Sheet San Diego Viral 274

David Teten

JANUARY 19, 2021

We detail below the major categories of VC: VENTURE CAPITAL TYPOLOGY. The value ascribed by subsequent investors (in a secondary); buyers (acquisition); or the public markets (IPO). The value ascribed by subsequent investors (in a secondary); buyers (acquisition); or the public markets (IPO). Funder Category.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

This is going to be BIG.

MAY 12, 2014

I send out my own term sheets and review docs myself--especially since I''m in sydicated rounds. Plus, when I look at my risks--is the risk that a legal term will shoot me in the foot or that these two founders and a prototype run this business into the ground. Venture Capital & Technology'

Investment Bankers 167

Investment Bankers Term Sheet Venture Capital Technical Review 167

Mucker Lab

AUGUST 27, 2014

Encyclopedic knowledge of term sheets and startup buzzwords can be quickly learned, trained, and packaged. As VCs, we simply have to understand the risk / reward of these type of investments, and to actually be excited that we can be operationally involved in adding value ourselves. Diversity” and “Domain Experience”.

Los Angeles 138

Los Angeles Southern California Silicon Valley Technical Review 138

View from Seed

FEBRUARY 23, 2016

Instead, the company simply started contacting people directly, sharing real value in the form of useful or interesting content for investors. “If Danielle and Nick have always been fine with this; the company simply values the association of Mattermark with great content and the value it provides. Nuzzel.com
. Venturenews.co
.

Curation 120

Curation RSS Term Sheet Technical Review 120

ReadWriteStart

JUNE 1, 2020

It is essential to understand the funding structure stated in your term sheet and the advantages and disadvantages it may have for your business. Under this category, you have the angel investors who would invest their own money and Venture Capital or VC firms, who manage funds aimed towards specific startup sectors and stages.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Early Growth Financial Services

NOVEMBER 13, 2012

What is a term sheet, and why should you care about it? Questions about term sheets? Ask in comments below, or contact Early Growth Financial Services for help understanding your term sheet, and other financial support. Check out my quick overview.

Term Sheet 41

Term Sheet Video Venture Capital Equity 41

This is going to be BIG.

OCTOBER 3, 2017

That means I'm usually the first person to put down a price on what your company is worth--a dollar value on months, if not years, worth of your work, blood, sweat, tears, stress, etc. That's why, out of the 2,000 opportunities I saw this year, you and your company are one of the 8-10 I gave a term sheet to. I'm a lead investor.

Venture Capital 71

Venture Capital Dilution Term Sheet Lead Investor 71

The Next Web

SEPTEMBER 13, 2013

The venture capital landscape in Asia is varied and complex, as most of the active firms on the continent are concentrated in just a few areas. The term sheets tend to be fairly standardized and straightforward as well. Term sheets are littered with many more obscure protective provisions and onerous terms.

Asia 132

Asia Silicon Valley India Term Sheet 132

Gust

OCTOBER 25, 2014

The Business of Venture Capital. Insights from Leading Practitioners on the Art of Raising a Fund, Deal Structuring, Value Creation, and Exit Strategies. Raising Venture Capital for the Serious Entrepreneur. A Venture Capital Insider Reveals How to Get from Start-up to IPO on Your Terms.

Term Sheet 132

Term Sheet Private Equity Exit Strategy Venture Capital 132

Gust

NOVEMBER 11, 2011

That tactic has the advantage of increasing the perceived value of winning, and generating headlines like the $XX million prize money. But it also has the disadvantage of mixing apples and oranges and playing up prizes that don’t work out to real dollar value. But before the term sheet is signed, problems come up.

Software Review 79

Software Review Term Sheet Due Diligence Angel Investor 79

Both Sides of the Table

APRIL 19, 2011

[if you don't have experience with venture debt you might want to listen to this bit in the video - we talked a lot about how it works]. Lean startup: o It’s situational so some businesses are operationally/people intensive, high LTV (lifetime value) means you can spend more upfront. He told them it was now or never.

Acquisition 304

Acquisition Warrant Customer Term Sheet 304

The Next Web

FEBRUARY 27, 2014

Here are some key drivers on how to value your business, in a way that will make sense to you, and will be in line with investor expectations. To start, let’s not forget about the obvious: the natural economic principles of supply and demand apply to valuing your business. Supply and demand. The more scarce a supply (e.g.,

Valuation 167

Valuation Forecast Seed Stage .Net 167

David Teten

SEPTEMBER 2, 2017

It’s hard enough to get a job at a venture capital or private equity firm; it’s even more complex to join as a Partner. These are many of the steps I went through when I joined HOF Capital. Union Square Ventures ( [link] ). Are you bringing a track record which will facilitate marketing? Use at your own risk.

Private Equity 60

Private Equity Venture Capital Equity Partner 60

Scott Edward Walker

AUGUST 25, 2011

In certain deals (like a venture capital financing) this is critical because you will, in effect, be married to the guys on the other side of the table for a number of years. Will he add significant value (e.g., through his contacts, technical expertise, etc.)? Yes, legal fees are often expensive.

Technical Review 63

Technical Review Term Sheet Los Angeles Entrepreneur 63

Both Sides of the Table

MARCH 8, 2018

In 2017 we began inserting an “Inclusion Clause” into our term sheets because we believe that the culture one establishes at the earliest stages of one’s business will set out the course of how it will grow and develop. We believe that diverse teams produce diversity of thought and that this leads to better decisions and outcomes.

Term Sheet 284

Term Sheet Los Angeles Open Source Portfolio 284

Startup Company Lawyer

MARCH 14, 2010

Founders Institute Plain Preferred Term Sheet (by WSGR – disclaimer, I represent the Founders Institute and was involved in drafting this document). If you don’t, please educate yourself on this site, Venture Hacks and the term sheet series by Brad Feld/Jason Mendelson, among other places.

Finance 70

Finance Software Review Term Sheet Liquidation Preference 70

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

This is going to be BIG.

FEBRUARY 27, 2022

Besides, there were a limited number of places where I could do my job in venture capital anyway—and while I might be a go to for a pitch from super early stage pre-seed and seed founders looking for quick answers and decisive term sheets in New York City, the reality is that I would be pretty far down the list in the Valley.

Ukraine 128

Ukraine Russia Cap Table New York City 128

Steve Blank

NOVEMBER 12, 2009

But Cafepress’s most memorable moment was when the founders used a “Lessons Learned” VC pitch to raise their second round of funding and got an 8-digit term sheet that same afternoon. The VC firm delivered a term sheet for an 8-digit second round that afternoon. Here’s how they did it. And learn from it.”

Venture Capital 209

Venture Capital Silicon Valley RSS Hockey Stick 209

Both Sides of the Table

DECEMBER 14, 2010

They had received a term sheet from a VC and were wondering whether to work with this firm. I often tell people that raising venture capital is more difficult than getting married. Not so in venture capital. But what about once you have a term sheet? You’re tied at the hip to your VC.

Term Sheet 298

Term Sheet Venture Capital Stealth Cofounder 298

Genuine VC

JANUARY 13, 2014

Better to spend energy maximizing long-term valuation by building underlying business value rather than short-term optimizing a bidding process… so the intuitive thinking goes. Venture capital firms are comprised of people, which natural means that their idiosyncrasies seep into the process.

Term Sheet 206

Term Sheet Venture Capital Valuation Portfolio 206

Both Sides of the Table

APRIL 14, 2012

“If the company was able to use the Sequoia deal to drive its Facebook acquisition value higher, then in theory the founding team’s smaller share of a larger $ pie is greater than the larger share of a smaller $ pie. Let’s say your company is currently valued at $15 million. Christin goes on. You are not Instagram.

Valuation 316

Valuation Balance Sheet Dilution Term Sheet 316

Steve Blank

APRIL 9, 2009

Generate end user demand (to match our revenue goals) Drive that demand into our sales channels Value price our products to achieve our revenue and margin goals (create high-value) Educate our sales channel(s) Help engineering understand customer needs That was it. Two paragraphs, Five bullets. It didn’t take more. If so, which one?

Silicon Valley 259

Silicon Valley Technical Review RSS PR 259

Growthink Blog

JANUARY 13, 2013

This is because even with all their relevant experience, the average venture capital firm will lose money on half the companies they invest in and only break even on a third. So, the first criteria when seeking venture capital is that you can offer the potential of a 10X return to them. So follow this plan: 1.

Venture Capital 92

Venture Capital Angel Investor Liquidity Event Term Sheet 92

This is going to be BIG.

OCTOBER 10, 2014

That also includes 16 Brooklyn Bridge Ventures deals done and five agreed to term sheets. So, if you''re looking at pre-money valuations saying "But hey, my deal wasn''t valued at X, WTF??" Venture Capital & Technology' Yes, it''s going to be a busy fourth quarter. The rounds are bigger, sure.

Pre-Money Valuation 146

Pre-Money Valuation Dilution Valuation Term Sheet 146

Professor VC

JULY 25, 2013

Mike Markkula presenting Steve Jobs with first investment in Apple I recently watched an excellent documentary on PBS, Something Ventured: Risk, Reward, and the Original Venture Capitalists. An entrepreneur received two Series A term sheets, one lead by an international investor and the other from SH.

Term Sheet 46

Term Sheet Silicon Valley Syndicate Syndication 46

This is going to be BIG.

SEPTEMBER 1, 2010

Sure, there will always be another investor who hears that you’ve got a term sheet that is willing to one-up it on price, but it’s really hard to get that first one in the pool. What you really should be concerned about is who is in your deal—and who’s really going to help you drive value. Nice work if you can get it.

Equity 104

Equity Term Sheet Seed Stage Angel Investor 104

This is going to be BIG.

JANUARY 17, 2012

I am ecstatic to announce the creation of Brooklyn Bridge Ventures --my new seed investment fund. It is the first venture capital fund based in Brooklyn--the city’s most exciting and creative borough. I’m looking forward to continuing the dialogue about Brooklyn Bridge Ventures and furthering our community together.

New York City 120

New York City New York Venture Capital Term Sheet 120

Gust

SEPTEMBER 17, 2014

Me: So, you raised venture capital? Me: Raising convertible notes as a seed round is one of the biggest disservices our industry has done to entrepreneurs since 2001-2003 when there were “full ratchets” and “multiple liquidation preferences” – the most hostile terms anybody found in term sheets 10 years ago.

Liquidation Preference 153

Liquidation Preference Valuation Term Sheet Stock 153

VC Cafe

MARCH 7, 2010

Israeli start up Perfecto Mobile is well-positioned to capture the value from the growing number of applications with its Handset Cloud service for mobile app testing. billion in the US to create new jobs – what is the impact on the venture capital industry? Also worth checking out the guide on PE VC for entrepreneurs.

Term Sheet 84

Term Sheet Venture Capital Mobile Cloud 84

Rob Go

FEBRUARY 3, 2014

A friend of mine just completed a very successful fundraise for an institutionally led seed-round of capital. Increasingly, these seem to be the most common ways that venture-funded companies get started. You want to be able to say “they are in, assuming reasonable terms. Feel free to call them”. Some thoughts.

Term Sheet 73

Term Sheet Due Diligence Valuation Seed Stage 73

finance.fortune.cnn.com

AUGUST 21, 2012

Term Sheet. Term Sheet The latest on private equity, M&A, deals and movements — from Wall Street to Silicon Valley. FORTUNE -- Its no secret that venture capitalists were hit hard by last decades dotcom bust, considering that median returns for 1998-2001 vintage funds are all underwater. Term Sheet.

Naming 49

Naming Term Sheet Private Equity Equity 49

SoCal CTO

JULY 13, 2010

10 Ways To Be Your Own Boss - A VC : Venture Capital and Technology , June 18, 2010 The folks at Behance and Cool Hunting asked me to talk at their 99% Conference a couple months ago. Here are the top 30 along with a brief snippet from the post. People tend to overvalue past investments when making forward-looking investment decisions.

Cofounder 175

Cofounder Technical Cofounder Term Sheet Startup 175

David Teten

DECEMBER 3, 2019

Private equity and venture capital investors are copying our sisters in the hedge fund world: we’re trying to automate more of our job. . Atlassian open-sourced their M&A term sheet , a very aggressive move which helps smooth the M&A process, by reducing the number of degrees of freedom in a negotiation.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Both Sides of the Table

SEPTEMBER 13, 2009

I’m not going to cover in this post the obvious post-show marketing tasks such as following up on all those business cards you grabbed, communicating with all those people who registered at your site and leveraging your new found fame to score venture capital. We had 6 term sheets in no time. We closed a $16.5

South Africa 310

South Africa Europe Disintermediation Poland 310