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Cliff Notes S-1: Kayak ? AGILEVC

Agile VC

Kayak was started here in my backyard of Boston… co-founder & CTO Paul English and the product/engineering team is based here in Concord MA. Co-founder & CEO Steve Hafner and the business team are based in Norwalk, CT. 2010 Operating Income: $16 million. Pre-money valuation was approx.

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Want to Know How First Round Capital was Started?

Both Sides of the Table

They have totally changed the way you run a VC firm, investing heavily in systems & events for their founders that are pushing the boundaries of the way our industry works. Howard Morgan earned a PhD in Operations Research/Computer Science in 1968. First Round Capital’s pre-money range is usually between $3-5 million.

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Keep It Under Your Hat: Valuation Caps and the $650 Million Sale of MySpace for $125 Million

Gust

In brief, a cap acts to place a limit on the conversion price of a convertible note such that investors are guaranteed a minimum number of shares for their bridge loans if the startup does a priced equity round at a high pre-money valuation – “high” meaning above the cap, which is often a heavily negotiated term. (The

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Valuations 101: Scorecard Valuation Methodology

Gust

Angels typically invest in companies operating in industry sectors with which they are familiar. Diversification across industry sectors is not as easily achieved for angels as could be accomplished in public markets, but can be achieved by co-investing with trusted angel colleagues in a broader set of businesses. million.

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Lean Startup Conference Speaker Andy Rachleff on his 35 years in Silicon Valley, Wealthfront and telling stories

Startup Lessons Learned

Andy Rachleff co-founded the venture capital firm Benchmark Capital in 1995. It's the only always-equal partnership, and the only way you can have an always-equal partnership, where new people join as equal partners, is for the older partners to get out of the way when they're not as productive. That was not the plan.