David Teten

AUGUST 19, 2019

I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. 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.

Revenue 60

Revenue Technical Review Software Review Equity 60

This is going to be BIG.

JUNE 4, 2017

One aspect of venture capital that rarely gets talked about is competition to get into a deal. What happens when a founder has that rare wealth of riches when they're choosing who they're going to allow onto their cap table? The tables turn and the one being pitched to becomes the one pitching.

Reputation 87

Reputation Cap Table Term Sheet Green 87

OnlyOnce

FEBRUARY 9, 2022

On the heels of the announcement we made last month about our Series B financing , we are now announcing the launch of a new program called Bolster Prime and a new venture capital fund called Bolster Ventures. The middle” consists of venture-backed companies that are neither early stage nor mature. Enter Jenny Lawton.

Silicon Valley 62

Silicon Valley Venture Capital Cap Table Early Stage 62

Both Sides of the Table

SEPTEMBER 12, 2013

He had made some structural mistakes in NextMedium that meant the Cap Table and leadership team was a bit wacky. For starters they has asked him to hire a CEO (Hamet was a first timer) and that person lived in Seattle even though NextMedium was based in LA. Mark, why wouldn’t you fund him? And he followed through.

Partner 340

Partner Los Angeles South Africa Cap Table 340

This is going to be BIG.

DECEMBER 3, 2020

Having a better overall portfolio of venture capital by adding funds into the mix. Depending on the minimum investment size, if you think about what hiring an actual analyst, or someone more senior, might cost you to look at deals you’re serious about, an investment in a fund could may for itself in access. So is everyone else.

Portfolio 134

Portfolio Syndicate Syndication Deal Flow 134

genylabs.typepad.com

SEPTEMBER 24, 2011

Even the best venture capital firms have a lot of failures and few successes. 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. venture capital. Good point.

Equity 40

Equity Technical Review San Jose Stock 40

www.informationarbitrage.com

FEBRUARY 24, 2010

But sometimes, too often, the CTO falls back on hiring a friend or someone to whom they were introduced that sells them on their value-added. But sometimes, too often, the CTO falls back on hiring a friend or someone to whom they were introduced that sells them on their value-added.

CTO Hire 40

CTO Hire Founder Cap Table Vesting 40

David Teten

DECEMBER 3, 2019

Private equity and venture capital investors are copying our sisters in the hedge fund world: we’re trying to automate more of our job. . 645 Ventures released a cap table simulator to help level the playing field. Capital has built a free online tool for founders to calculate their cost of capital.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Hunter Walker

AUGUST 26, 2022

From Box to Glossier, and Comms to Venture Capital, Ashley Mayer Is Carving a Pretty Unique Path. Better Place was building the charging infrastructure to enable mass adoption of electric vehicles; it was led by a charismatic CEO, raised gobs of capital before that was the norm, and later imploded spectacularly. Enter Box.

IPO 91

IPO Cofounder Early Stage Portfolio 91

Haystack

AUGUST 18, 2019

You lose influence as larger investors come into the cap table and start throwing their weight around. On this dimension, most seed funds can’t even compete on network, brand, or the cost of capital. Many of these new data-driven funds are hiring experienced VCs across early stages and building outposts in the Bay Area.

Seed Stage 108

Seed Stage Cap Table Early Stage Malaysia 108

BeyondVC

NOVEMBER 17, 2016

West coast founders now fully understand why having a NYC investor on their cap table pays huge dividends and west coast VCs are regularly leading Series A and B rounds in NYC. Having more capital will only further our mission, not change it. boldstart iii announced portfolio from Ed Sim.

Cap Table 60

Cap Table Cofounder Dividend Institutional Investors 60

Feld Thoughts

JULY 5, 2015

There was one construct that bothered me – Geis’ use of the phrase “acqui-hire” and his effort to categorize acquisitions as acquihires, ACQUI-hires, acqui-HIRES, and ACQUI-HIRES. Dodgeball.com: But really…When a public company with a market cap of $64.1 Google acquires(?)

Acquisition 70

Acquisition Cap Table Framework Retention 70

Spencer Fry

APRIL 17, 2017

Having started and sold 3 successful bootstrapped businesses, and am now running 1 venture capital backed business ( Coach ), this is a topic I know a thing or two about. As a bootstrapper, you have nobody above you on the cap table (note: investors sit above you in their liquidation preference), so it’s your way or the highway.

Bootstrapping 63

Bootstrapping Cap Table Liquidation Preference Cofounder 63

Genuine VC

MAY 20, 2013

Compared to most other areas of finance, venture capital is practiced as more of an art, as opposed to a science. The art of venture capital also means that for entrepreneurs raising it, there isn’t one definitive playbook which can be used as a guide. MYTH: The venture capital model is broken.

Venture Capital 244

Venture Capital Cap Table Portfolio Early Stage 244

Version One Ventures

MAY 22, 2018

How do you decide who you should have in your cap table? Are you looking for help and expertise in hiring, product strategy, customer development, fundraising, coaching, therapy, etc.? The post The “reverse” pitch: Who should you have on your cap table? What is important to you?

Cap Table 60

Cap Table Cofounder Syndicate Syndication 60

David Teten

OCTOBER 1, 2015

I’ve seen a range of options for supporting entrepreneurs, which I can rank from least to most involvement in companies by investors: financier VCs, e.g., Correlation Ventures. portfolio operator VCs, e.g., Andreessen Horowitz, ff Venture Capital, First Round Capital, Google Ventures. mentor VCs, e.g., most VCs.

Software Developers 60

Software Developers Software Development Software Review Technical Cofounder 60

Startup Lessons Learned

JULY 11, 2019

I've been in venture now twice. I was in Boston, working for the first time in venture capital as an analyst for this guy who was incredible and an amazing mentor. In a place where there are many, many venture capital firms, he couldn't think of a single female general partner. What's the message?

Founder 68

Founder Lean Venture Capital Cofounder 68

blog.simeonov.com

FEBRUARY 22, 2010

They have voting rights which may entitle them to force or veto certain key decisions, e.g., hiring or firing the CEO, selling the company, raising money, etc. The only way to remove their equity holding in the cap table is by buying them out or through a recapitalization of the company. Founders have rights as shareholders.

Founder 44

Founder Vesting Agile Startup 44

This is going to be BIG.

NOVEMBER 16, 2023

Venture capital is basically the complete opposite. 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. Actually, it’s even worse than that. When you measure skews the analysis. But I thought I was good!?” You have outcomes.

Non-Compete 97

Non-Compete Cofounder Cap Table Reputation 97

abovethecrowd.com

APRIL 20, 2016

In Silicon Valley boardrooms, where “growth at all costs” had been the mantra for many years, people began to imagine a world where the cost of capital could rise dramatically, and profits could come back in vogue. You can no longer simply look at the cap table and estimate your return. Competition also has access to capital.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

www.paulgraham.com

APRIL 28, 2010

For example, a seed firmshould be able to give advice about how to approach VCs, which VCsobviously dont need to do; whereas VCs should be able to giveadvice about how to hire an "executive team," which is not an issuein the seed stage. You dont have to spend time on bureaucraticstuff, because you havent hired any bureaucrats yet.

Technical Review 76

Technical Review Startup Software Review Angel Investor 76

This is going to be BIG.

SEPTEMBER 12, 2022

Sequoia, the top venture capital firm on the face of the earth, put in a growth round that valued the company at close to half a unicorn. I imagined a future Wing media arm with a TV channel, a venture capital fund… …and then it all came crashing down. Audrey Gelman was on the cover of Inc magazine, visibly pregnant.

Cofounder 140

Cofounder Venture Capital Community PR 140

abovethecrowd.com

JUNE 2, 2021

The founders, the CEO, the CFO, the executives, the employees, and the venture investors. These are the parties on the cap table prior to the transaction. So instead you hire your own representation to look after your own interest. Party B: The investment banks. ” 1) Agency/Bias Issues With Respect to Advisors.

IPO 82

IPO Customer Matching Silicon Valley 82

This is going to be BIG.

JANUARY 10, 2021

They had raised nearly $2 million of venture capital money to hire an army of workers whose job it was to mindlessly stare at images all day and no one asked about working conditions or if the existence of this company and others like it had costly societal consequences. No other VC asked questions like this.”

Venture Capital 158

Venture Capital Cap Table Accredited Investor Silicon Valley 158