This is going to be BIG.

SEPTEMBER 30, 2012

This is a company that, according to the article, got term sheets from half of the VCs that expressed interest in the company. Did I mention it only took the founder a month? How would they know unless they surveyed a critical mass of startups all at the same stage now and then three years ago or so to compare?

Venture Capital 114

Venture Capital Marketing Term Sheet Software Review 114

Up and Running

MAY 18, 2016

Reading lists are dime a dozen, but reading lists that focus on rapid-growth startup businesses? It’s the ultimate startup guide if you’re looking for systematic business growth and guidance on what not to do. The Lean Startup: How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses.

Startup 80

Startup Venture Capital Angel Investor Lean 80

Both Sides of the Table

OCTOBER 19, 2009

On December 2nd, 2006 I wrote the blog post published later in this post when I was CEO of startup Koral about my experiences in pitching VCs. Another called Parker Harris, the co-founder and CTO. The other 3 are still pending but since I am close to agreeing a term sheet it doesn’t make sense to pursue things at this stage.

Venture Capital 274

Venture Capital Term Sheet San Diego Viral 274

Both Sides of the Table

JUNE 5, 2015

Over the years I’ve written extensively about the downsides of convertible notes for startups such as here , here and here. So how DOES a VC think about financings at early stages? If you’re a solo founder and haven’t built out your team or engineers I’m likely to want 15+%. It’s very simple.

Pre-Money Valuation 150

Pre-Money Valuation Option Pool Post-Money Valuation Dilution 150

Both Sides of the Table

NOVEMBER 8, 2011

Launchpad LA today announces it will accept applications for its third class of Los Angeles-based tech startups. But the most important metric has been the deep and lasting relationships that have been built with startups and also between senior executives. For any company interested in applying please visit the website.

Los Angeles 287

Los Angeles Silicon Valley Incubator Startup 287

K9 Ventures

APRIL 14, 2020

My inclination was that “this is a team of scrappy founders, and I like how they think.”. For the last two plus years, I have been running a startup, HiHello , as it’s CEO. Doug and his co-founder Vivek Nair , were not planning on raising any venture capital money yet. I immediately liked what I saw.

Cofounder 127

Cofounder Venture Capital Guerilla India 127

Steve Blank

JANUARY 4, 2010

A lot of entrepreneurs think that their startup is the next big thing when in reality they’re just building a small business. How can you tell if your startup has the potential to be the next Google, Intel or Facebook? A first order filter is whether the founders are aiming for a scalable startup. The Scalable Startup.

Hockey Stick 276

Hockey Stick Venture Capital Startup Cofounder 276

www.xconomy.com

JUNE 9, 2012

Sakti3 Founder Sastry to Step Down From U-M. Startups ›. View More in Startups ›. Co-Founder and CEO, Wetpaint. Founder, DEKA Research and Development Corporation. Subscribe for Free. Xconomy San Diego. Our Cities ▾ Boston ›. Ministry of Supply Puts MIT Engineering Cred Into Dress Shirts. New York ›.

San Diego 40

San Diego Venture Capital Technical Review San Francisco 40

ReadWriteStart

MAY 8, 2012

Approaching investors for the first time is a daunting exercise for any startup. The best way to do that is to leverage the hard-won experience of real-world startup. Turns out that while every startup is unique, they share some common difficulties in trying to find just the right strategies and tactics for funding their companies: 1.

Cofounder 140

Cofounder Startup San Francisco Silicon Valley 140

Scott Edward Walker

SEPTEMBER 1, 2019

For the bulk of my career, I have been representing startups and emerging-growth companies in seed financings, venture capital financings, mergers and acquisitions, and other transactions. Based on the foregoing experience, I am providing three basic tips to founders in connection with doing deals. the money).

Founder 45

Founder Private Equity New York City Term Sheet 45

SoCal CTO

JULY 13, 2010

Some great content around the intersection of startups and being a Startup CTO in June this year. This continues my series of posts: Top 29 Startup Posts May 2010 Startup CTO Top 30 Posts for April 16 Great Startup Posts from March There was some really great content in June. It shows a lack of interest.

Cofounder 175

Cofounder Technical Cofounder Term Sheet Startup 175

Both Sides of the Table

APRIL 14, 2012

What I want to talk about today is one of the insider baseball discussions of our industry this past week: The odd fact of the $500 million financing round completed just before the company sold for a B. But a healthy percentage of successful startups have potential buyers “showing interest.” Was this a good thing?

Valuation 316

Valuation Balance Sheet Dilution Term Sheet 316

Both Sides of the Table

DECEMBER 14, 2010

I was recently speaking with some founders about their fund raising process. They had received a term sheet from a VC and were wondering whether to work with this firm. But what about once you have a term sheet? You’d be surprised how many ex-founders and ex-CEO’s you can find this way.

Term Sheet 298

Term Sheet Venture Capital Stealth Cofounder 298

Both Sides of the Table

FEBRUARY 8, 2010

But what about once you have a term sheet? They made great introductions, they helped you get financed, the put in more money themselves, they helped you strategically and they helped you with your exit. You’d be surprised how many ex-founders and ex-CEO’s you can find this way. Don’t let that be you.

Venture Capital 288

Venture Capital Term Sheet Cofounder Partner 288

Hunter Walker

APRIL 27, 2014

I’ve written before about our fundraising process and how it very much resembles that of a startup. We founded Homebrew to be the type of fund we would have wanted to raise money from – early stage partner of conviction, leading financing rounds with great co-investors, leaning in to actually help when you need it.

LP 97

LP Cofounder Term Sheet Valuation 97

The Startup Lawyer

MARCH 1, 2010

“The Series Seed Documents are a standardized set of documents that can be quickly and easily deployed for a seed investment: to help get a company financed properly, legally, quickly, and intelligently.&#. The drafters are “open sourcing&# the documents so that they may be continually improved by the startup community.

Preferred Stock 79

Preferred Stock Term Sheet Redemption Registration Rights 79

The Startup Lawyer

FEBRUARY 4, 2011

Great news — your startup just got accepted to an incubator! But before your startup signs up and cashes that $[XX,000] check, your startup’s co-founders should sit down and evaluate the incubator’s offer. Pre-money valuations startups receive from incubators are typically low…really low.

Incubator 105

Incubator Pre-Money Valuation Option Pool Advisory Board 105

The Startup Lawyer

AUGUST 22, 2011

Here’s a list of the top 5 deal terms that cause harm to startups at the seed financing stage and therefore should be avoided: 5. Whatever the form of control, seed investment is way too early to be even thinking about losing any amount of control of your startup. Dividend (that pays out). Tranched Investment.

Angel Investor 99

Angel Investor Dividend Dilution Cofounder 99

Both Sides of the Table

MARCH 17, 2012

I’ve started a series on negotiations in startups. The very first time I ever negotiated a term sheet (and then legal docs for closing the round) I found the experience very frustrating. He marks up the term sheet. Seems like the term sheet will be done in a day or so. Nor did their lawyer.

Term Sheet 301

Term Sheet Ireland Cofounder Finance 301

Startup Lessons Learned

MAY 31, 2019

He’ll be speaking at this year’s Lean Startup Conference , and also has a new book (for which I very happily wrote a short foreword) coming out next month: Secrets of Sand Hill Road: Venture Capital and How to Get It. I’ve seen many founders not fully grasp how the venture capital business works and what incentives investors have.

Lean 108

Lean Venture Capital Conversion IPO 108

Austin Startup

MARCH 25, 2011

The application deadline for Austin-based Capital Factory ’s 2011 program is Sunday , and momentum for tech startups and entrepreneurship in general are riding high as the SXSW Interactive festival wraps up. I posed this question to FamigoGames co-founder Q Beck. Some of them will. Is that an indicator of success?

Michigan 82

Michigan Term Sheet Angel Financing Austin 82

The Startup Lawyer

MARCH 1, 2010

“The Series Seed Documents are a standardized set of documents that can be quickly and easily deployed for a seed investment: to help get a company financed properly, legally, quickly, and intelligently.&#. The drafters are “open sourcing&# the documents so that they may be continually improved by the startup community.

Preferred Stock 40

Preferred Stock Term Sheet Redemption Registration Rights 40

Reid Hoffman

JULY 27, 2021

As I discussed last week in the Greymatter podcast with my friend and Blitzscaling co-author Chris Yeh , I believe that a knowledge of philosophy is actually a great asset for entrepreneurs. Nothing gets in the way of their pursuit of startup success. My general advice is to go join a startup as an employee, and learn from experience.

Silicon Valley 69

Silicon Valley Venture Capital Balance Sheet Cofounder 69

Reid Hoffman

JULY 27, 2021

As I discussed last week in the Greymatter podcast with my friend and Blitzscaling co-author Chris Yeh , I believe that a knowledge of philosophy is actually a great asset for entrepreneurs. Nothing gets in the way of their pursuit of startup success. Like many first time founders, I ran over that landmine.

Silicon Valley 69

Silicon Valley Venture Capital Balance Sheet Cofounder 69

Eric Friedman

AUGUST 18, 2021

Dan is the co-founder of Standard Treasury, a Y Combinator backed company. He is also co-founder and Managing Partner of Deciens Capital, an early stage investment fund. I hope you take this as a term of endearment. Fred Ehrsam , his co-founder, is also incredible. On Sushi and VC. Everything we do.

Silicon Valley 88

Silicon Valley Venture Capital Cofounder Africa 88

Steve Blank

FEBRUARY 26, 2020

Not all startups need outside investment to grow. What most founders don’t realize is: Every stage of a startup requires a different set of metrics and milestones and founder skills. Knowing these will help a founder position her pitch to get investors’ attention. Here’s the first 2½ years of a startup journey.

Cofounder 429

Cofounder Seed Stage Valuation Metrics 429

reidhoffman.org

NOVEMBER 12, 2013

It has many stylistic errors — and a few substantive ones, too — that I would now change having learned more, but I realized that it still provides useful insights for entrepreneurs and startup participants outside of the Greylock network, particularly across three areas of interest: how entrepreneurs should approach the pitch process.

Entrepreneur 111

Entrepreneur Revenue Viral Networking 111

David Teten

DECEMBER 3, 2019

To learn more about this space, I suggest join an online community I co-founded, PEVCTech. . See Bessemer Venture Partners’ A comprehensive guide to security for startups. Data companies focused on early-stage startups include Aingel , fundsUP , Preseries , PredictLeads , and Sploda. 1) Manage the firm . 2) Market .

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Both Sides of the Table

JANUARY 11, 2011

If they say yes you get a term sheet and once this is signed it is usually 3-6 weeks until your legal docs get signed and you’re funded. It can be a good strategy to bring just the CEO because 1-on-1 rapport is easier to build but if you have equally strong co-founders bring them. Who should attend the meeting?

Non-disclosure Agreement 340

Non-disclosure Agreement NDA Cofounder Term Sheet 340

Both Sides of the Table

FEBRUARY 14, 2016

.” “Mark has a vested interest in talking down valuations of startups.” When I was an entrepreneur there was no public information about how term sheets worked or how investors thought. In 2015 in the US there were $77 billion written into startup tech companies. goes into a startup. What hogwash.

Valuation 150

Valuation Down Round Startup Later Stage 150

Hunter Walker

DECEMBER 19, 2013

With Homebrew , Satya and I both consider ourselves a startup in its “product-market fit” phase. One is deals we lost: we wanted to make an investment but the startup chose to take an investment from someone else with terms we would have found acceptable. Is it when you write your first check or see your first exit?

Cofounder 105

Cofounder Term Sheet Seed Stage Portfolio 105

www.currentlyobsessed.com

MAY 28, 2010

I have to admit, the light bulb didn’t go off for me until I was negotiating term sheets. Snapvine was my first experience being in the driver’s seat of the fund-raising process, and in the 3 years prior to our acquisition we raised over $10mm in venture capital. That’s a nice way of putting it.

Valuation 42

Valuation Channel Pre-Money Valuation Term Sheet 42

venturehacks.com

OCTOBER 21, 2010

Venture Hacks Good advice for startups. Later that evening you review the term sheet from Blue Shirt. Reading on, the term sheet states, “The $8 million pre-money valuation includes an option pool equal to 20% of the post-financing fully diluted capitalization.&#

Option Pool 68

Option Pool Pre-Money Valuation Dilution Warrant 68

SoCal CTO

JANUARY 5, 2011

Some really great stuff in 2010 that aims to help startups around product, technology, business models, etc. 500 Hats , February 1, 2010 When to Use Facebook Connect – Twitter Oauth – Google Friend Connect for Authentication? 500 Hats , February 1, 2010 When to Use Facebook Connect – Twitter Oauth – Google Friend Connect for Authentication?

Silicon Valley 378

Silicon Valley Startup Term Sheet Venture Capital 378

techcrunch.com

SEPTEMBER 6, 2012

AngelList Launches Docs To Help Startups Sign And Close Seed Rounds Online With Low Legal Fees. The hybrid social network, communication and crowdsourcing platform allows startups to access investors, and has also become a resource for investors looking to boost dealflow and connect with other investors. Enterprise. Smartphones.

Term Sheet 70

Term Sheet San Francisco Technical Review Seed Stage 70

www.quicksprout.com

NOVEMBER 1, 2010

Although I have made a decent amount of investments, I don’t consider myself an “angel investor” because I don’t search for companies to invest in, I don’t lead financing rounds, and I don’t know how to read term sheets. About Neil Patel Neil Patel is the co-founder of 2 Internet companies: Crazy Egg and KISSmetrics.

Elevator Pitch 60

Elevator Pitch Revenue Entrepreneur SEO 60

Cracking the Code

MARCH 28, 2022

The first time I met Matan, Melio's co-founder and CEO, he told me that his mission was simple: he wanted to “help small business stay in business” by making B2B payments fast, simple and flexible. Let’s talk about your financing strategy. In fact the term sheet was signed the day before the world went into lockdown!

B2B 62

B2B Cofounder Small Business 62