genylabs.typepad.com

SEPTEMBER 24, 2011

Interest in this waned when the Internet bust resulted in most tech start-up equity becoming worthless, but it seems to be coming back. 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.

Equity 40

Equity Technical Review San Jose Stock 40

Berkonomics

MARCH 7, 2019

More recently, “crowd sourcing” has become one more way to finance a business, whether by forming a single investment vehicle (“AngelList.com”) or non-equity financing (“Kickstarter.com.”) These are newer ways to find relatively small amounts using these Internet tools and combining groups of many investors at a small amount per investment.

Cap Table 61

Cap Table SEC Private Placement Accredited Investor 61

David Teten

SEPTEMBER 23, 2017

Meyler Capital is taking the analytical rigor of modern internet marketing and applying it to fund marketing. EShares is an increasingly popular tool in our portfolio for tracking private company cap tables. 2) Raise capital. The historic capital-raising process is driven by face-to-face networking and salesmanship.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

Both Sides of the Table

SEPTEMBER 14, 2010

To some extent Keith Rabois agreed with me about domain knowledge and argued that most of his investments are in the consumer Internet space as a result. I could see a Phd from Stanford and still not know whether there was a foundation of whether what they were proposing would be possible or laughable. That’s what he knows best.

Angel Investor 152

Angel Investor Cap Table Early Stage Deal Flow 152

David Teten

DECEMBER 3, 2019

Meyler Capital is taking the analytical rigor of modern internet marketing and applying it to fund marketing. . 645 Ventures released a cap table simulator to help level the playing field. Carta , Captable.io , Certent , EquityEffect , and ShareWorks by Morgan Stanley track private company cap tables. .

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Bryce Dot VC

JANUARY 5, 2015

Is it possible to maintain and independent attitude and ethos with an outside investor on your cap table? Would an early focus on cashflow and sustainability v. fundable milestones stunt growth or lay the foundation for a more scalable long-term culture? We’re unlikely to accept anyone who doesn’t have a prototype.

San Francisco 40

San Francisco Cap Table Non-Compete Distribution 40

Both Sides of the Table

FEBRUARY 22, 2011

I understand the appeal of having many VC firms on your cap table. You may feel as I did in 1999 that the more smart people around the table the more intros you’ll have, the more sage advice you’ll receive and the more impressive you’ll seem to outsiders. The Perils of Many.

Dilution 314

Dilution Cap Table Due Diligence Option Pool 314

Startup Lessons Learned

JUNE 9, 2020

20:32) On believing in the internet as an immune system, then learning it's not and taking responsibility.(22:55) No longer even in the era of internet, a product customers actually liked. And this was mid '90s internet kind of philosophy. That the internet is an immune system. 8:22) On how crisis reveals character. (9:11)

Silicon Valley 60

Silicon Valley Hosting Cofounder Employee 60

abovethecrowd.com

APRIL 20, 2016

The same thing happened to many Internet stocks. You can no longer simply look at the cap table and estimate your return. In late 2015, many public technology companies saw a significant retrenchment in their share prices primarily as a result of a reduction in valuation multiples.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

Rob Go

FEBRUARY 24, 2014

To name just a few: 1) expand the rolodex of connections 2) expand the capital sources in case things go sideways and more money is needed 3) bring another set of intellectual capital to the table with different experiences, especially with social/consumer internet experience from some of the recent winners (Facebook, Twitter, etc).

Cap Table 78

Cap Table Valuation Finance Institutional Investors 78

Startup Lessons Learned

MAY 4, 2021

Why don't we just put this plan on the internet? I think it was December of 2010, and happened to just be reading that paper on the internet one day and just immediately captivated my attention. I studied computer science also, but when I first read the paper, my thought was, wow, this could be kind of like the internet.

IPO 113

IPO Cofounder Technical Review Government 113

David Teten

MARCH 18, 2021

Foundry Group, investing primarily in “ Software and Internet ”, follows six major themes, e.g., Human Computer Interaction (HCI) or Distribution. “Index the Best” – Only invest in companies that have brand name firms on the cap table and/or as leads. 7) Stage-defined funds.

Technical Review 78

Technical Review Cofounder Venture Capital Deal Flow 78

abovethecrowd.com

JUNE 2, 2021

These are the parties on the cap table prior to the transaction. Why would a founder or CEO want an investor on the cap table who was only interested in “paying attention” to the company if there is a large, free, one-day incentive? The founders, the CEO, the CFO, the executives, the employees, and the venture investors.

IPO 82

IPO Customer Matching Silicon Valley 82

This is going to be BIG.

JANUARY 10, 2021

They forget that taxpayers funded the creation of the internet and contributed to pharmaceutical discoveries. These people want to make the technology ecosystem the wild west where anyone that doesn’t have privilege and power just gets run over and I fully believe their views are going to make them less desirable to have on cap tables.

Venture Capital 150

Venture Capital Cap Table Accredited Investor Silicon Valley 150