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Building the Best Seed Syndicates

View from Seed

At this point, founders find themselves in a luxurious situation of being able to build the best possible syndicate. I’ve found that the lead investor will end up doing 90% of the work for a startup (or will cause 90% of the pain if you get the decision wrong). Get early commits to start generating momentum. And stay in touch!

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How Many Angels is the Right Amount for a Startup to Have?

Both Sides of the Table

I love how open Danielle has been throughout the development of her startup Mattermark including honest reflections of when she has changed her opinion. “I love those Beats commercials where the basketball player puts on his music and tunes it all out, to go win the game,” she said. That’s what it feels like.”. But let me tell you for free.

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How to Launch, Manage, and Invest a VC Fund

David Teten

See my summary on how lead investors think about building out their syndicate. . See best practices in building financial models , a template financial model , and valuing startup employee options. : Best Practices of Private Equity and Venture Capital Funds in Originating Investment Opportunities. 5) Manage deal flow.

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How to Launch, Manage, and Invest a VC Fund

David Teten

See my summary on how lead investors think about building out their syndicate. . See best practices in building financial models , a template financial model , and valuing startup employee options. : Best Practices of Private Equity and Venture Capital Funds in Originating Investment Opportunities. 5) Manage deal flow.

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Three New Types of AngelList Syndicates I Hope to See

Hunter Walker

So far most of the top funded AngelList Syndicates look, well, not surprising. Additionally, funds such as Foundry Group and Google Ventures have taken their own approaches – the former creating a separate early stage entity , the latter encouraging their seed stage partners to create standalone personal syndicates.

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Flexible VC, a New Model for Companies Targeting Profitability

David Teten

More and more startups are pursuing Revenue-Based VCs , but “RBI” doesn’t fit everyone. Coinvestors: Flexible VC terms have not been standardized, which may make the investment harder to syndicate. Low; a surprising number of Series A/B startups are missing basic financial reporting mechanisms. of startups raise VC.

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Unintended Consequences: When SAFE and Convertible Notes Go Awry

Pascal's View

Unfortunately, what the CEO/founder forgets most often is that the notes have a multiplier effect in the post-money calculation; the more notes and the further the cap is from the new priced equity, the greater the variance between actual and nominal pre- and post-money valuations. It will be worth the time and effort. Sound simple?