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Cliff Notes S-1: Kayak ? AGILEVC

Agile VC

Historically more revenue came from distribution/lead-gen (57% in 2007), but this tipped in 2008 though appears to be steady from 2009 to 2010 at about 58% advertising and 42% distribution. Interesting to note that Hafner and English own common stock but also made meaningful investments in the Series A & B rounds.

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What’s a Fair 409A Discount?

VC Adventure

Most boards did some level of work to determine the FMV of a company’s stock but generally options were priced between 10% and 15% of a company’s then preferred price (because common equity sits behind preferred equity there is typically a discount applied to the FMV of common stock to account for this “overhang”).

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Want to Raise Venture Capital More Easily? Clean Up Your Own Shite First

Both Sides of the Table

It’s a bit like if you bought a $1 million home in 2007 and want to sell it for $1 million today. In addition, these companies probably raised too much money as was common in this era. Liquidation preference is the amount of money that an investor gets paid before the common stock (e.g.

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Will Work for Equity - Investing in Clients - Arizona Bay

www.inc.com

Even with the turmoil in the capital markets in the second half of 2007, it was another record year for merger and acquisition activity. But in 2007, after Jumpstarts success, he decided to get serious. million of consulting work in start-ups in 2007. Last year, three of Arizona Bays 12 consulting contracts involved equity.

Arizona 40
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Capital Market Climate Change

Ben's Blog

3/30/2007: 22.6. They might have said something ridiculous like: “Based on the current price of the preferred stock, your offer is already worth $5M.” As if the common stock were actually the same as preferred stock. One would be wrong: 3/31/1995: 21.0. 3/29/1996: 22.3. 3/31/1997: 23.3. 3/31/1998: 30.8. Silly them.

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Why Co-Founders Are a Startup's Biggest Liability | The Startup Lawyer

thestartuplawyer.com

View Comments lk says: October 23, 2007 at 9:56 pm the co-founders of textworks just experienced getting shafted by a co-founder! Ryan says: October 24, 2007 at 7:00 am I’m sorry to hear about that. He obviously never launched a startup and got shafted by a co-founder. would you like to link to one another?

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Capital Market Climate Change

Ben's Blog

3/30/2007: 22.6 They might have said something ridiculous like: “Based on the current price of the preferred stock, your offer is already worth $5M.” As if the common stock were actually the same as preferred stock. One would be wrong: 3/31/1995: 21.0 3/29/1996: 22.3 3/31/1997: 23.3 3/31/1998: 30.8 3/31/1999: 49.7