Cap Table Dilution Marketing Syndication 
David Teten
JANUARY 19, 2021
The value ascribed by subsequent investors (in a secondary); buyers (acquisition); or the public markets (IPO). Coinvestors: Flexible VC terms have not been standardized, which may make the investment harder to syndicate. On average, founders own just 43% of equity by Series B , declining thereafter. Volatile, uncapped. Retain 100%.
Hunter Walker
SEPTEMBER 5, 2021
Startup CEOs Should Test Strength of Cap Table Every ~6 Months To Know Where They Stand. I really liked Jason Lemkin’s “ Do You Have a Weak Investor Syndicate ” blog post from earlier in the summer. Lastly, Jason has a single very practical suggestion on what to do if your cap table is tapped out.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Haystack
AUGUST 18, 2019
If you’ve been following my tweets lately, you’ve read some of my quick musings on the state of the seed market this summer. years is not a long arc – I have not experienced a prolonged down market as a private investor. We know private markets hold the key to 100x or even 1,000x multiples. In short, in my 6.5
Hunter Walker
JANUARY 20, 2015
One reason Satya and I thought we had Product Market Fit for starting Homebrew was behavior we saw as angel investors. Despite being the smallest line on a founder’s cap table, we were often one of the first calls they made when confronted with a problem to solve or opportunity to consider. Avoid these folks.
www.paulgraham.com
APRIL 28, 2010
As a company gets more established,its valuation gets closer to an actual market value. Some angel investors join together in syndicates. Whatkind of anti-dilution protection do they want? The angel now owns 200/1200 shares, or a sixth of thecompany, and all the previous shareholders percentage ownershipis diluted by a sixth.
Expert insights. Personalized for you.
78 
Let's personalize your content