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Should You Really be a Startup Entrepreneur?

Both Sides of the Table

But we had a term sheet !!! 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. Google doesn’t know if they’re going to honor our contract? We now have to re-convince everybody? You can’t believe it.

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Is the Unicorn Endangered or Extinct?

Professor VC

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 We should also remember that Amazon went public at a time (Q2 1997) when many companies were pulling IPO filings because the market was beating up Internet valuations. or a market cap of $800M.

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article thumbnail

Should You Really be a Startup Entrepreneur?

Both Sides of the Table

But we had a term sheet !!! 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. Google doesn’t know if they’re going to honor our contract? We now have to re-convince everybody? You can’t believe it.

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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.

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