ithacaVC

DECEMBER 9, 2013

Also, during the process, we had to clean up the company’s cap table and make sure that we all agreed on who owned what on a pro forma pre-money basis. Without having a complete pre-money cap table, it is impossible to calculate a share price. Dealing with VCs Management Startup Life' And Happy Holidays!

Term Sheet 58

Term Sheet Cap Table Technical Review IP 58

This is going to be BIG.

MAY 4, 2022

For most founders, fundraising is a struggle. Morality aside, I’d say given the inherent riskiness of startups, I’m not sure this would be a great addition to your cap table. What’s that investor going to be like in a board meeting when you as a female founder need their support or worse, actually their vote?

Cap Table 163

Cap Table Cofounder Private Equity Finance 163

Both Sides of the Table

AUGUST 2, 2014

The acquiring company wants 100% of the proceeds to go to founders whatever the cap table says because buyers care way more about incentivizing and locking in founders than they do about VC returns or legal provisions to protect VCs. Startup Lessons' Every circumstance is different.

Cap Table 346

Cap Table Cofounder Stock Acquisition 346

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

Hippoland

APRIL 10, 2016

Dear elizy : I started a company in school with two co-founders. Although there are no set numbers, your professor should be considered as an active advisor or a co-founder who has left rather than a full-time co-founder. Let’s call them Ada and Bob. Ok, so what would I suggest?

Cofounder 48

Cofounder Cap Table Equity Vesting 48

techcrunch.com

APRIL 26, 2013

For Startups And Winning SEC Approval, AngelList Opens Up Investment Platform To More Companies. In December, AngelList , a service that matches early-stage startups with investors, debuted the ability to allow accredited investors to actually invest in startups on the platform with as little as $1,000. Enterprise. Smartphones.

SEC 61

SEC Accredited Investor San Diego New York City 61

OnlyOnce

OCTOBER 28, 2021

My co-founders, I’ve worked with for an average of 15 years – we know and trust each other tremendously. And for the most part, the same is true about our cap table. No institutional debt like a messy cap table, legacy people issues, leases for offices we don’t want or need any more.

Cap Table 62

Cap Table Early Stage Cofounder Leadership 62

Pascal's View

JULY 9, 2017

Andrew Krowne and I recently co-wrote an article in Tech Crunch , Why SAFE Notes Are Not Safe for Entrepreneurs. There is nothing wrong with using a SAFE or a convertible note in a startup if you know its implications. Many entrepreneurs lose track of what they have been cooking up in the cap table.

Post-Money Valuation 49

Post-Money Valuation Valuation Cap Table Covenant 49

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. Dead equity has always been a significant issue for startups. Noam Wasserman on Inc.

Equity 44

Equity Vesting Cap Table Technical Review 44

NZ Entrepreneur

JUNE 21, 2022

Want to tap in to the best startup advice from entrepreneurs who are out there doing it? Welcome to ‘500 Founders’ where we ask startup founders and innovators from around New Zealand, What is one piece of advice you would give to people working on their first startup and why? Tina Chou – Founder.

Founder 88

Founder Cap Table Cofounder New Zealand 88

Hunter Walker

DECEMBER 30, 2022

The same can be said of startups and their founders, in the sense that so many things can go wrong in the building of a company to an exit, that success almost seems to be a statistical anomaly [more on how bees fly ]. See, it happens to investors too, not just founders. So this is the other side of the coin from above.

Cap Table 67

Cap Table Venture Capital Cofounder Portfolio 67

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. Dead equity has always been a significant issue for startups. Noam Wasserman on Inc.

Equity 28

Equity Vesting Cap Table Technical Review 28

Both Sides of the Table

SEPTEMBER 12, 2013

He first came to see me in 2008 when we was raising money for his 1st startup – NextMedium. Startup DNA. He had made some structural mistakes in NextMedium that meant the Cap Table and leadership team was a bit wacky. I’ve known Hamet for 5 years. The idea immediately resonated. Media relationships.

Partner 340

Partner Los Angeles South Africa Cap Table 340

Hunter Walker

NOVEMBER 21, 2018

One was the result of a cofounder breakup. When they’re at seed stage, we’re deferring to the founders’ decisions but also trying to help them understand the challenges associated with a hard pivot if their cap table isn’t supportive of the direction. Startups are really hard. My opinion?

Founder 97

Founder Cap Table Seed Stage Cofounder 97

The Next Web

OCTOBER 21, 2013

Neil Rimer is a Partner and co-founder of Index Ventures. As the European startup ecosystem matures, you would expect young entrepreneurs to enjoy ever-increasing access to useful advice from mentors, business leaders, experienced entrepreneurs, legal advisors and investors.

Cap Table 128

Cap Table Option Pool Angel Investor Entrepreneur 128

David Teten

SEPTEMBER 23, 2017

The only problem that faces startup investors now is how to mine this new data layer efficiently to increase returns.”. Signal is a fundraising tool for founders run by NFX Guild, which identifies the most relevant VCs for you. . For the broader use case of helping startups execute their legal paperwork, Clerky is a focused solution.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

Haystack

OCTOBER 2, 2019

Those of us in the early-stage tech ecosystem by now well know that saying “there are a LOT of seed and new startups” is a gross understatement. Yesterday, I tweeted this: I get emails from friends @ accelerators, asking me what kind of co’s I’m interested in, or to watch online demo day (no), etc. to solve this issue.

Deal Flow 106

Deal Flow Cap Table Early Stage Institutional Investors 106

venturehacks.com

FEBRUARY 24, 2010

Venture Hacks Good advice for startups. SUPPORTED BY Products Archives @venturehacks Books AngelList About RSS How to pick a co-founder by Naval Ravikant on November 12th, 2009 Update : Also see our 40-minute interview on this topic. Picking a co-founder is your most important decision. but it’s manageable.

Cofounder 101

Cofounder Founder Technical Cofounder Technical Review 101

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. Our original deck envisioned a firm that was sort of a hybrid of a “McKinsey for startups” and a venture investor.

Silicon Valley 62

Silicon Valley Venture Capital Cap Table Early Stage 62

Hunter Walker

AUGUST 26, 2022

Hunter Walk: Ok, so we first met when you were leading comms at enterprise software company Box, a startup you joined when they were still pretty early and stayed at until post-IPO. But for the first time since abandoning my law school plan A, my mandate was clear: I needed to work at a startup. First, congrats! Enter Box.

IPO 91

IPO Cofounder Early Stage Portfolio 91

BeyondVC

NOVEMBER 17, 2016

We each independently fell in love with enterprise software 20+ years ago as seed investors (cos like gotomeeting/Citrix, greenplum/EMC, livperson/IPO LPSN) and founders (workmarket, onforce/Adecco, spinback/buddymedia/salesf0rce) and are now benefiting from the ecosystems, knowledge and network that we’ve collectively developed.

Cap Table 60

Cap Table Cofounder Dividend Institutional Investors 60

Steve Blank

APRIL 8, 2010

He and his co-founder were both PhD’s in applied math who believe they can make some serious inroads on next generation search. I think my startup is going to fail even before I get funded.” Then they had a five-year P&L statement, balance sheet, cash flow and cap table. Now he had my attention. It’s dynamic.

Business Model 328

Business Model Business Plan Customer Cap Table 328

David Teten

OCTOBER 1, 2015

Should you co-found your company with a software development shop? I’ve talked with a number of software development shops who are eager to get into the business of cofounding companies, i.e., getting product revenue and equity instead of just consulting revenue. What are the terms of their relationship with the founder?

Software Developers 60

Software Developers Software Development Software Review Technical Cofounder 60

David Teten

AUGUST 21, 2019

Most founders who are raising capital look first to traditional equity VCs. 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. Attractive to founders in controversial sectors.

Revenue 60

Revenue Liquidation Preference Equity Cofounder 60

Scott Edward Walker

OCTOBER 28, 2014

This week, we present legendary angel investor Ron Conway (commonly referred to as the “ Godfather of Silicon Valley ”) and Marc Andreessen , a brilliant entrepreneur and co-founder and general partner of the venture capital firm Andreessen Horowitz. Procrastination is the devil in startups” –Ron Conway (at 5:23).

Cap Table 67

Cap Table Cofounder Silicon Valley Venture Capital 67

Eric Friedman

JUNE 27, 2016

Big strategic advisors are the folks that add credibility to your co. from a 10 year old co. I have seen what I call “predatory advisors” come in and really mess up a cap table by promising big intros and sales contracts only to disappear after the first 6-12 months. How many companies do you advise today?

Equity 98

Equity Vesting Cap Table Common Stock 98

This is going to be BIG.

DECEMBER 21, 2017

Yet, the lessons learned from their $8mm round of funding announced this week are still widely applicable to every startup--particularly food startups and those in four walls retail that struggle through the traditional venture process. Here's what I think everyone involved learned in this process. 3) Find a flexible lead.

Cap Table 90

Cap Table Cofounder Valuation .Net 90

Spencer Fry

APRIL 17, 2017

As a startup in 2017, having limited resources can in and of itself sink your entire ship. There are so many people, products, and startups that are vying for their attention, that it’s harder than ever to rise above the noise. But as an early stage startup, accountability is so important. Something has to give.

Bootstrapping 63

Bootstrapping Cap Table Liquidation Preference Cofounder 63

David Teten

DECEMBER 3, 2019

To learn more about this space, I suggest join an online community I co-founded, PEVCTech. . See Bessemer Venture Partners’ A comprehensive guide to security for startups. Data companies focused on early-stage startups include Aingel , fundsUP , Preseries , PredictLeads , and Sploda. 1) Manage the firm . 2) Market .

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

venturehacks.com

DECEMBER 9, 2012

Venture Hacks Good advice for startups. And startups are about applying unconventional wisdom. I am inclined to list the VentureHacks blog as an advisor to my next startup!) [.]. Advisory boards are a good way for startup companies to get a broader network of people engaged in the business. How to pick a co-founder.

Advisory Board 50

Advisory Board Cap Table RSS Cofounder 50

Version One Ventures

MAY 22, 2018

Some of the best later-stage investors walk founders through an institutionalized “reverse” pitch. How do you decide who you should have in your cap table? At Version One, we effectively act as a hotline: we strive to be the first investor that our founders call and often times, it is because we are the most responsive.

Cap Table 60

Cap Table Cofounder Syndicate Syndication 60

blog.simeonov.com

FEBRUARY 22, 2010

I have been thinking a lot recently about how to apply agile development principles to investing and key aspects of startup development such as team building. The first post is about agile startup fundraising. The follow-on post is about agile startup team building. All founders have the same agreement. Urban legends.

Founder 44

Founder Vesting Agile Startup 44

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. Among her early investments are Lyft, TaskRabbit and Modcloth, which, as our recent conversation shows, are only part of the reason Forbes called her “the most powerful woman in startups.” Let’s move to Floodgate now.

Founder 68

Founder Lean Venture Capital Cofounder 68

venturehacks.com

SEPTEMBER 22, 2011

Venture Hacks Good advice for startups. For the average startup, that would be an extraordinary bargain. It would improve the average startup’s prospects by more than 43% just to be able to say they were funded by Sequoia, even if they never actually got the money.” Ask the Attorney” – Founder Vesting.

Equity 40

Equity Cap Table Valuation RSS 40

Hunter Walker

JANUARY 13, 2024

That’s the emotion I most associate with Pat Kinsel and his startup, Proof (fka Notarize). Fast forward a few years and we finally connect via mutual friends and Twitter threads, but Proof is Too Successful for our early stage capital, meaning I admire from afar versus from the cap table. An executive now at a big co.

Hiring 71

Hiring Cap Table Cofounder Early Stage 71

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. You're asked to participate in lectures and events at top tier academic institutions known for entrepreneurship and startups. But I thought I was good!?” You have outcomes.

Non-Compete 97

Non-Compete Cofounder Cap Table Reputation 97

David Teten

DECEMBER 12, 2017

In his white paper How Private Equity and Venture Capital Investors Are Eating Their Own Dogfood , PEVCTECH.com founder David Teten explored how private equity and venture capital investors are trying to automate more of their job. I’d expect a similar shift in venture over the next decade or two.”.

Early Stage 60

Early Stage Technical Review Software Review Venture Capital 60