View from Seed

SEPTEMBER 23, 2019

Previous venture firms’ specific involvement on the cap table should be noted here, though. Subscribe to our email list to get the posts delivered straight to your inbox, and have the final version waiting for you at the end of the month. What not to include is directly stating valuation expectations.

Cap Table 211

Cap Table Seed Stage Valuation Dilution 211

Hunter Walker

SEPTEMBER 15, 2023

When $20B outcomes occur everyone on the cap table eats well. Curious what part of the seed market elephant you’ve been touching and where you agree/disagree GET ALL MY POSTS VIA EMAIL It’s Changing Venture Portfolio Models Towards Concentration, Not Just Dry Powder/Gambling. Gotta own enough of your winners.

Cap Table 93

Cap Table Valuation Salary Seed Stage 93

Hunter Walker

MARCH 14, 2019

All the disruption can be pretty jarring to an entrepreneur, especially in situations where the exiting partner represents the top line on your cap table. You’ll often need the support – both structurally and symbolically – of some other investors on the cap table to make the case for some of the ideas below to work.

Cap Table 95

Cap Table Dilution Silicon Valley Portfolio 95

Feld Thoughts

APRIL 16, 2019

Hunter has a great lead in: “ Here’s where I think founders and cap tables should be more proactive. He covers three cases: Bullish aka You Are Absolutely Killing It Written You Off Too Early To Tell – Some Good Stuff, Some Challenges But A Lot To Do. The real gold in this post is in the Too Early To Tell category.

Cap Table 82

Cap Table Founder Conversion Email 82

Austin Startup

AUGUST 20, 2017

Your Cap Table is something that deserves constant care and attention. Messy cap tables can come back to haunt you when you do a financing or sell the company. Startups often hand out shares, options, and warrants for employees and for contractors rendering needed services.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

Hunter Walker

JUNE 14, 2018

Who will hold the accountable to building something they’re proud of but remember we sit on the cap table, not the org chart. ” via email. ” Not an outsourcing of the responsibility, but sort of a “you’re one of them, but on our side.” The first would be a “nothing” shoulder shrug.

Cap Table 81

Cap Table Portfolio Vertical Reputation 81

Haystack

OCTOBER 2, 2019

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. I got a few emails from friends asking if my tweet was in response to them. Maybe an accelerator should take lower cap table ownership unless they deliver investors who convert?

Deal Flow 106

Deal Flow Cap Table Early Stage Institutional Investors 106

Both Sides of the Table

JANUARY 21, 2010

You have this perception that they’re billing you for the lunch meeting they invited you to and the friendly banter emails flying back and forth. How to manage costs - One of the biggest frustrations that people have with lawyers are unexpected costs. I saw the same bad behavior in consulting.

Southern California 318

Southern California Silicon Valley IP Stock Options 318

techcrunch.com

APRIL 26, 2013

That way, startups only have one entity in the cap table, which simplifies documentation and structure. Feel free to directly email us at tips@techcrunch.com. As we wrote last December, the investment tool lets accredited investors put as little as $1,000 each into startup companies that it’s created an investment vehicle for.

SEC 61

SEC Accredited Investor San Diego New York City 61

Berkonomics

AUGUST 3, 2023

Friends, family and fools: [Email readers, continue here…] This term, although pejorative, describes the typical mix of early investors in a small, young growing business. But few businesses grow into the sweet spot of $20 million to $30 million in worth to an ultimate buyer without the injection of outside capital.

Private Equity 118

Private Equity Valuation Cap Table Accredited Investor 118

keen.io

FEBRUARY 5, 2013

The next Monday, I received the following email from Kyle. Kyle sent a similar email to Micah that morning, and I crossed paths with Micah as he was leaving the meeting I was about to walk into. We asked the founders to talk us through the financials, help us complete the detailed cap table, and discuss the offers together.

Salary 50

Salary Equity Startup San Francisco 50

View from Seed

DECEMBER 11, 2019

These are literal quotes from social media and email announcements over the past six months from VC Partners moving on to other competitive firms, and, well, just moving on. “I’m thrilled to announce that I’m joining [New Firm] as a Partner where I will continue to invest in great Founders across the industries I care about.”. “I

Venture Capital 204

Venture Capital Cap Table Partner LP 204

OnlyOnce

JULY 13, 2017

I have a lot of institutional investors in our cap table at Return Path. I was struck this week by two emails that landed in my inbox literally adjacent to each other. I’ve also posted about running a 360 process for/with your Board , modeled on Bill Campbell’s formula from Intuit.

Institutional Investors 48

Institutional Investors Cap Table Portfolio .Net 48

Feld Thoughts

AUGUST 28, 2015

Over the next few days I had a few emails and phone calls with the VC and the CEO. Yesterday, I got the docs giving the seed investors, which included the FG Angels group, 12% of the post money cap table. I accepted what happened, wrote my post, and moved on. I’m glad the CEO and the VC investors did the right thing.

Cap Table 70

Cap Table Seed Stage Angel Groups Dilution 70

www.informationarbitrage.com

FEBRUARY 24, 2010

And if you do feel you've found the right person, by all means make their stock contain standard vesting provisions to guard against a bad fit that takes significant amounts of stock off the cap table. Click to email him. I don't want to see any more of you with crappy business guys ruining your great ideas, ok?

CTO Hire 40

CTO Hire Founder Cap Table Vesting 40

genylabs.typepad.com

SEPTEMBER 24, 2011

I wont bother going into details on start-up financing terms ( see this post for an overview of typical VC terms) except to say if you dont know and understand: the firms cap table and valuation. Name and email address are required. Email address will not be displayed with the comment.). what your rights are. Invalid URL.

Equity 40

Equity Technical Review San Jose Stock 40

Eric Friedman

JUNE 27, 2016

I have been sharing the below with folks via email and privately, but realized I should do so publicly**. 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.

Equity 98

Equity Vesting Cap Table Common Stock 98

Hunter Walker

JULY 19, 2017

If the Scout is passing along your email updates and investor updates to their sponsoring fund, you should know it. If there’s a Scout on your cap table and you don’t know it, or don’t know what information they’re sharing – written, verbal or otherwise – it handicaps you as a founder.

Founder 69

Founder Silicon Valley Cap Table LP 69

Berkonomics

MARCH 7, 2019

Email readers, continue here…] The problem with taking friends and family money rests in the legality of taking money from non-accredited investors, people who do not meet the SEC standard for making non-public company investments. The risk of the “dirty cap table”. What would the SEC say about your investors?

Cap Table 61

Cap Table SEC Private Placement Accredited Investor 61

David Teten

SEPTEMBER 23, 2017

Hilary Mason , Data Scientist in Residence at Accel Partners , has a TED talk on how she replaces herself with a shell script to handle her email deluge. EShares is an increasingly popular tool in our portfolio for tracking private company cap tables. 4) Manage deal flow. She is a model for us all! .

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

David Teten

DECEMBER 3, 2019

At Flow Capital, we use HubSpot’s sequences and workflows functions to automate a bulk of our emails and internal tasks. I use Superhuman , an email app which speeds up my email processing, and also gives me background information on all of my correspondents. 4Degrees helps leverage your network for sourcing.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Feld Thoughts

AUGUST 12, 2011

Anytime the financial model indicates that SayAhh will run out of cash, determine how you will raise capital to ensure liquidity and be sure to properly account for the debt or equity transaction on the balance sheet and Cap Table. Tie each round of funding to a set of key milestones in the development of your product/business.

Balance Sheet 136

Balance Sheet Forecast Cap Table Early Stage 136

Berkonomics

JUNE 8, 2017

Email readers, continue here…] Bootstrapping: This term describes your ability to start a business with little investment and grow it using internally-generated funds. It is for this group that we explore the implications implicit in raising money for growth.

Private Equity 106

Private Equity Valuation Cap Table Accredited Investor 106

Scott Edward Walker

OCTOBER 28, 2014

In the process [of fundraising], when someone makes a commitment to you…, you [should immediately] type an email to them that confirms what they just said to you.” –Ron We’ve seen a series of interesting companies in the last five years where we simply won’t bid because the cap table is already destroyed.” Ron Conway (at 14:58).

Cap Table 67

Cap Table Cofounder Silicon Valley Venture Capital 67

venturehacks.com

DECEMBER 9, 2012

If you have additional questions, email us at ask@venturehacks.com. Table of Contents. If youre having trouble downloading something youve purchased, please email founders@venturehacks.com Popular Posts.

Advisory Board 50

Advisory Board Cap Table RSS Cofounder 50

Hunter Walker

JANUARY 20, 2015

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. 10x Angels take long emails offline because face-to-face is easier to collaborate, solve problems, etc than a founder<>investors chain letter.

Cap Table 48

Cap Table Warrant Syndicate Syndication 48

adamac.blogspot.com

MARCH 9, 2010

Maybe the CEO got his cousin from Omaha to be their lawyer or theres been some serious messing around with the cap table. Posted by Adam MacBeth at 1:50 PM Email This BlogThis! If you get an option grant for a million shares and youre employee 25, something is funky. Either way, its a sign that something is amiss.

Technical Review 41

Technical Review CTO Hire Fractional CTO Startup 41

VC Adventure

OCTOBER 24, 2018

This can be in the email to which the materials are attached, or better yet as a separate letter that accompanies the rest of the board material. These are the financials you’re sending out every month to the board but include them here so everyone has them in a single email. Next up is how to run the meeting itself.

Design 91

Design Cap Table Email Operations 91

Bryce Dot VC

JANUARY 5, 2015

My plan was to send a private email to a few friends that they could share with a few of their friends. Is it possible to maintain and independent attitude and ethos with an outside investor on your cap table? I wasn’t planning to write this post. And I did that. Would an early focus on cashflow and sustainability v.

San Francisco 40

San Francisco Cap Table Non-Compete Distribution 40

venturehacks.com

SEPTEMBER 22, 2011

A poem: We read every email, but cant respond to most, or we wouldnt have time, to write a post. founders@venturehacks.com How to make a cap table. Sign up via email or RSS. The Option Pool Shuffle.

Equity 40

Equity Cap Table Valuation RSS 40

Hunter Walker

DECEMBER 24, 2018

I strongly believe the detailed story of the company’s success is the founders’ one to tell if they choose to do so, but at the risk of excessive inside baseball, I’ll share my perspectives from the cap table. So founders, please don’t let lack of existing relationships deter you from reaching out to us.

Cap Table 96

Cap Table Seed Stage Acquisition Vertical 96

Berkonomics

JANUARY 20, 2010

Email readers continue here.]. Bootstrapping: This term describes your ability to start a business with little investment and grow it using internally-generated funds. It is for this group that we explore the implications implicit in raising money for growth. .

Private Equity 69

Private Equity Valuation Cap Table Accredited Investor 69

Haystack

DECEMBER 17, 2019

Email is a tool nearly everyone uses daily, across devices, from their personal to work life — obviously. They then, in turn, brought that software into their small businesses, their sub-groups within companies, and provided the kindling of distribution within work-related networks. Superhuman embodies this trend.

Cap Table 113

Cap Table Finance Database Software 113

venturehacks.com

FEBRUARY 24, 2010

Subscribe Contact A poem: We read every email, but cant respond to most, or we wouldnt have time, to write a post. founders@venturehacks.com All our products Pitching Hacks , Cap Table , and Co-founder Interview.

Cofounder 101

Cofounder Founder Technical Cofounder Technical Review 101

blog.simeonov.com

FEBRUARY 22, 2010

An email would do. The only way to remove their equity holding in the cap table is by buying them out or through a recapitalization of the company. Lawyers tell me that in many cases verbal agreements are enforceable, especially if someone did work based on the verbal agreement.

Founder 44

Founder Vesting Agile Startup 44

venturehacks.com

MARCH 21, 2008

If you have more questions, email us at ask@venturehacks.com. Subscribe Contact A poem: We read every email, but cant respond to most, or we wouldnt have time, to write a post. founders@venturehacks.com

Advisory Board 44

Advisory Board Cap Table Vesting Equity 44

VC Adventure

JANUARY 22, 2014

If everyone was on the cap table, the company would have to chase down 218 signatures for everything. We will soon email your backers to determine if they are Qualified Purchasers (QPs) and we will update your syndicate management interface to indicate the QPs. -

Syndicate 111

Syndicate Syndication SEC LLC 111