Both Sides of the Table

JANUARY 31, 2011

But we had a term sheet !!! One investor played chicken with me by threatening not to approve my next-round financing unless I gave him more equity. Let’s say you became a partner in a VC fund in 1995 and started investing heavily in 1997-99. Google DID NOT just acquire our main biz dev partner. 8 beers that night.

Entrepreneur 384

Entrepreneur Startup Salary Egypt 384

Professor VC

FEBRUARY 12, 2015

Former students who are readers of this blog may recall the Amazon IPO case from Entrepreneurial Finance class. Amazon priced it''s IPO in 1997 at approximately $500M (the $18 IPO price was an increase from the $12-$14 range) and first trade was at $29.25 or a market cap of $800M. igthwghjg2q2g8hu4). Sorry about that.

Las Vegas 28

Las Vegas IPO Pre-Money Valuation Valuation 28

Both Sides of the Table

JANUARY 22, 2011

But we had a term sheet !!! One investor played chicken with me by threatening not to approve my next-round financing unless I gave him more equity. Let’s say you became a partner in a VC fund in 1995 and started investing heavily in 1997-99. Google DID NOT just acquire our main biz dev partner. 8 beers that night.

Entrepreneur 176

Entrepreneur Startup Salary Egypt 176

Both Sides of the Table

FEBRUARY 14, 2016

I’d like to explain as best I can my opinion on what is going on because most of what I hear from entrepreneurs is not only wrong but is reminiscent of what I heard in 1997-2000. When I was an entrepreneur there was no public information about how term sheets worked or how investors thought. All of these are false.

Valuation 150

Valuation Down Round Startup Later Stage 150