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What’s a Fair 409A Discount?

VC Adventure

It was a benefit to employees and a slight value transfer from equity holders to option holders (generally speaking in M&A transactions the value of the aggregate option exercise ends up allocated across the rest of the cap table).

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Why Entrepreneurs Start Companies Rather Than Join Them

Steve Blank

tax rate for individuals making over $100,000 was 70% and 90% (taxes on capital gains fluctuated between 20% and 25%.) Venture capital flourished when the tax rates plummeted in the late 1970s. Those who can’t get a traditional job start their own venture. Yet other public policies come into play. Or is it calling ?

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The Pre-Seed FAQ

K9 Ventures

Typically, Pre-Seed rounds are less than $1M in aggregate capital raised. Eventually, that vacuum was filled with capital gained even earlier than the Seed round — i.e., “pre-seed.”. Q: What amount of financing is considered Pre-Seed? Between $500K – $750K is probably the sweet-spot for a Pre-Seed round.

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Series Seed Financing Documents

www.seriesseed.com

As expected, that deal took a bit longer than it would have had the Company raised a vanilla Series A to begin with (and subsequently raised a Series B) but the aggregate fees for the two transactions were still less than the standard Series A followed by a Series B. Finally, using the Series Seed Documents will increase transparency.

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