Remove Cap Table Remove Cofounder Remove Finance Remove Stock
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Introducing the Cap Table and Hiring the CTO

Feld Thoughts

As Finance Fridays continues, we are introducing the concept of the Cap Table. Jane and Dick, our fearless cofounders of SayAhh, have set up an accounting system and created their first set of financial statements. This week they set out to create their cap table and hire a CTO. Time to update the cap table.

Cap Table 133
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Flexible VC, a New Model for Companies Targeting Profitability

David Teten

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. From RBI, Flexible VCs borrow the ability to reap meaningful returns without demanding founders build for an exit. By tying payments to actual revenues, founders and investors remain aligned around the company’s real-time performance, good or bad.

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Know When Conceding on a Point is Better Than Being Right

Both Sides of the Table

Like inside bridge rounds where investors want to protect themselves from the company getting sold prior to the next financing and leaving the bridge funding without adequate returns. Surely there is some amount of extra returns that will get set aside for founders – but what is right and what is fair?

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VC Optimism Returning But More Pain Ahead In Their Portfolios

Hunter Walker

Obvious caveats to my POV here, most specifically: exposure is limited to largely the US/SiliconValley ecosystem, driven by our own portfolio, my friends and co-investors, the funds I’m a LP in, and our institutional LP relationships. Whatever gets reported is just the tip of the iceberg.

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Is Dead Equity Crippling Your Company?

Altgate

Re-posted from post co-authored with Prof. —————– Dead equity — equity held by employees and founders no longer working at the company — is a large and growing problem. Thanks to that one decision, he owns nearly four million shares of stock, worth in excess of $100 million.

Equity 44
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Overview of Balance Sheet and Statement of Cash Flows

Feld Thoughts

When we were last with our SayAhh cofounders, they had implemented an accounting system and Jane had contributed $50,000 for a 55/45% equity split. The investments by the founders created two transactions. When presented in the SCF, these transactions are broken down into three categories: operating, financing and investing activities.

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Is Dead Equity Crippling Your Company?

Altgate

Re-posted from post co-authored with Prof. —————– Dead equity — equity held by employees and founders no longer working at the company — is a large and growing problem. Thanks to that one decision, he owns nearly four million shares of stock, worth in excess of $100 million.

Equity 28