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On Funding?—?Shots on Goal

Both Sides of the Table

We’ve had two companies where we had to bridge finance them several times before they eventually IPO’d We had a portfolio company turn-down a $350 million acquisition because they wanted at least $400 million. Consider: When GOAT started it was a restaurant reservation booking app called GrubWithUs … it’s now worth $3.7

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Ten million users is the new one million users

cdixon.org

. - It’s becoming increasingly common for early-stage consumer startups to do bridge financings (raising more money from past investors, usually on terms similar to the prior round) instead of Series As. - There will be a lot more consumer talent acquisitions. If you can raise more money, do it.

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Founders Shares: How do you split them up?

www.copelandfirm.com

Home About Fee Arrangements Location Referrals Testimonials Business Law HUB Certification Mergers & Acquisitions Startup Advice Intellectual Property Copyrights Trademarks Securities Law Debt and Bridge Financing Series A Startup Law Entity Formation Corporation LLC Series LLC RSS Founders Shares: How do you split them up?

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The Basics of Small Business Loans [WEBINAR]

Up and Running

You can borrow the money for generally most credit needs, focusing primarily on working capital for the business, we’re not doing business acquisitions. Then going back and understand what it is you need to do to get the path to remove that issue and then see if you can get some type of bridge financing. Working capital related.

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The Option Pool Shuffle

venturehacks.com

Given that many companies are doing convertible note bridge financings as their seed round, this seems to come up relatively often. Remember, more fully-diluted shares outstanding drives the Series A price per share down, resulting in more dilution to the founders.