Remove Bridge Financing Remove Burn Rate Remove Marketing Remove Partner
article thumbnail

Startups and VCs Should Avoid “Pier” Funding

Both Sides of the Table

VC’s money comes from mostly institutional investors called LPs (limited partners). They trust the judgment of the VCs to source, finance, help manage and then create some sort of exit for the investments that they make. Maybe the market views this as not worth the price you paid?

Startup 290
article thumbnail

ProfessorVC: Why I Hate Convertible Debt.Let Me Count the Ways

Professor VC

My partner in Menlo Incubator , Gary Kremen , and I had a recent debate on which one of us hates convertible debt more. This will also serve as a good pointer for all the entrepreneurs who ask why I am not interested in their company led convertible note financing round. In cases where it is truly a bridge financing (i.e.