article thumbnail

This Week in VC Episode 6 with @Jason Calacanis: Best One Yet

Both Sides of the Table

Often times when companies raise “bridgefinancing (this is money from internal investors. CEO/President is Karl Siebrecht (ex-Pres of Atlas at AQuantive and ex-GM of ad platform product management, search and display marketing, and mobile and gaming advertising for Microsoft). We spoke briefly about why. Short answer: no.

Stealth 285
article thumbnail

Ten million users is the new one million users

cdixon.org

Some observations: - Thousands of early-stage consumer web/mobile companies were started and funded in last 24 months. 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. -

article thumbnail

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

Professor VC

In cases where it is truly a bridge financing (i.e. The Most Obvious Mobile Ad Unit and What the New York Times Got Wrong. Social-Mobile-LOCAL: “Local” Will Be The Biggest of the Three. Particularly, now that standard Series Seed docs are commonly used. So when does convertible debt make sense? 5 hours ago.