article thumbnail

Should You Really be a Startup Entrepreneur?

Both Sides of the Table

But we had a term sheet !!! before the really profitable years of social networking and when many in the industry were despondent. 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. We now have to re-convince everybody?

article thumbnail

Should You Really be a Startup Entrepreneur?

Both Sides of the Table

But we had a term sheet !!! before the really profitable years of social networking and when many in the industry were despondent. 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. We now have to re-convince everybody?

article thumbnail

What Most People Don’t Understand About How Startup Companies are Valued

Both Sides of the Table

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