David Teten

DECEMBER 3, 2019

In liquid markets, most of the calories expended on technology and analytics are focused on trade selection, or “ origination ”. To learn more about this space, I suggest join an online community I co-founded, PEVCTech. . I use another live Google doc to maintain my database of companies I’m marketing to other VCs. 2) Market .

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

David Teten

AUGUST 19, 2019

RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance. For background, see Revenue-Based Investing: A New Option for Founders who Care About Control. Decathlon Capital.

Revenue 60

Revenue Technical Review Software Review Equity 60

Altgate

JUNE 25, 2012

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. One who attracted much attention is David Choe, the graffiti artist hired to paint the company’s first headquarters.

Equity 44

Equity Vesting Cap Table Technical Review 44

abovethecrowd.com

JUNE 2, 2021

Marketing 101: Customers love free stuff. As a result, it is a common marketing practice to offer things “for free” in order to impact customer behavior or encourage customer loyalty. That’s why it is a tried and true marketing scheme. Warren Buffet, 1997. You know what customers like more than free stuff?

IPO 82

IPO Customer Matching Silicon Valley 82

View from Seed

MAY 29, 2019

These funds would regularly share deal flow with one another and could share the work in supporting founders and helping to push the company forward. Today, we are seeing less syndication of seed rounds and sharper elbows among many of the funds in the market. Similarly, the seed market is beginning to look like this too.

Syndicate 267

Syndicate Syndication Cofounder Cap Table 267

Altgate

AUGUST 25, 2012

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. One who attracted much attention is David Choe, the graffiti artist hired to paint the company’s first headquarters.

Equity 28

Equity Vesting Cap Table Technical Review 28

Startup Lessons Learned

JULY 11, 2019

She’s also a founding member of All Raise, a non-profit committed to improving diversity in both funders and founders. What I was interested in seeing was that a lot of these founders believe that they’re not just creating technology, they're creating change and culture. Also, it's not unusual for the interview process to take months.

Founder 68

Founder Lean Venture Capital Cofounder 68

This is going to be BIG.

DECEMBER 3, 2020

The partner at the fund, the VC, gets to do the fun part—the meeting with founders, vetting deals, negotiating, helping, etc. Side Benefits Ideally, a small fund could get you the following, but you have to ask to make sure it’s available: Co-investing opportunities. So what’s the point? Access to the partner.

Portfolio 134

Portfolio Syndicate Syndication Deal Flow 134

David Teten

SEPTEMBER 23, 2017

The extreme example of this are algorithmic investors in the public markets, who design algorithms which trade on the designer’s behalf, as opposed to making trading decisions directly. High-frequency trading, algorithmic by its nature, is estimated to account for at least 50% of US equity markets trading volume. . 1) Market fund.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

techcrunch.com

APRIL 26, 2013

That way, startups only have one entity in the cap table, which simplifies documentation and structure. Co-founder Naval Ravikant explains that 18 pilot companies in the program, including Transcriptic, Double Robotics and Tred, received $6.7 Investors included Founders Fund, 500 Startups and Marc Cuban.

SEC 61

SEC Accredited Investor San Diego New York City 61

OnlyOnce

FEBRUARY 9, 2022

In our prior lives, the Bolster founders worked together to scale up a business called Return Path and also. worked as advisors and mentors to numerous early stage founders and startups. Brad’s visceral response in this conversation was a very clear, “you should hire Jenny.” What about the middle? Enter Jenny Lawton.

Silicon Valley 62

Silicon Valley Venture Capital Cap Table Early Stage 62

Hunter Walker

AUGUST 26, 2022

I tried to get hired at Better Place and failed. I had gone to high school with the founders in the Seattle area, and we had recently reconnected. When I learned they were hiring a community manager, I threw everything I had at the interview process. Enter Box. Box and Glossier feel like two very different industries!

IPO 91

IPO Cofounder Early Stage Portfolio 91

venturehacks.com

MARCH 21, 2008

Advisor compensation Whether you’re hiring a normal advisor or super advisor: Advisory shares are usually issued as common stock options. They can also get terminated if the company is “reset&# , e.g. You hired a video game expert because you were building a video game but now you’re building a photo sharing site.

Advisory Board 44

Advisory Board Cap Table Vesting Equity 44

Eric Friedman

JUNE 27, 2016

This is the classic “hire people smarter than you” which is harder said than done. Big strategic advisors are the folks that add credibility to your co. from a 10 year old co. Here are the questions I like to see founders ask potential advisors; 1. Setting The Option Strike Price Above Fair Market Value.

Equity 98

Equity Vesting Cap Table Common Stock 98

Spencer Fry

APRIL 17, 2017

It wasn’t enough at the end of 2015 to have a working prototype and a handful of customers to somehow take over the market. Without raising money, 1 of 2 situations would have fallen upon us: I would have had to dig deeper into my own pockets to continue to pay the contractor as well as hire others. Hello, debt. Something has to give.

Bootstrapping 63

Bootstrapping Cap Table Liquidation Preference Cofounder 63

Startup Lessons Learned

JUNE 9, 2020

I've known Brian Chesky, Co-Founder, CEO and Head of Community at Airbnb for a long time. What if you get product market fit beyond your wildest dreams? One by one the markets in which you operate shut down. Brian Chesky : I am Brian Chesky, co-founder, CEO, and head of community at Airbnb. What if it works?

Silicon Valley 60

Silicon Valley Hosting Cofounder Employee 60

venturehacks.com

SEPTEMBER 22, 2011

You have to pay market rates regardless of the equity equation. You have to pay market rates regardless of the equity equation. In practice, you raise money or hire an employee because you need to, not because you want to. And you have to pay a market rate no matter what the equity equation says. If no, she is a no hire.

Equity 40

Equity Cap Table Valuation RSS 40

venturehacks.com

OCTOBER 21, 2010

Use a hiring plan to justify a small option pool, increase your share price, and increase your effective valuation. Update : Check out our $9 cap table which calculates the effect of the option pool shuffle on your effective valuation. Solution: Use a hiring plan to size the option pool. share to $1.00/share:

Option Pool 68

Option Pool Pre-Money Valuation Dilution Warrant 68

This is going to be BIG.

NOVEMBER 16, 2023

That’s how it feels when your hot deal from two years ago winds up running low on cash and gets into a pay-to-play round that wipes out the cap table. In some cases, people pick a sector before others that ends up creating the biggest alpha in the markets (crypto, fintech, etc). But I thought I was good!?” You have outcomes.

Non-Compete 97

Non-Compete Cofounder Cap Table Reputation 97

This is going to be BIG.

SEPTEMBER 12, 2022

Plus, it bothers me that it gives the impression that, if you’re a female founder and you become the face of your company, you’ll inevitably get taken down—that anything short of unimpeachable success means becoming a target and getting kicked to the curb in a spectacularly disastrous fashion. It doesn’t drive the clicks.

Cofounder 140

Cofounder Venture Capital Community PR 140