Feld Thoughts

APRIL 21, 2016

Also, they have a strong belief that any sign of weakness (such as a down round) will have a catastrophic impact on their culture, hiring process, and ability to retain employees. Their own ego is also a factor – will a down round signal weakness?

Marketing 70

Marketing Down Round Startup IRR 70

Both Sides of the Table

MAY 30, 2018

I thought I’d write a post about how to talk about valuation at a startup and give you some sense of what might be on the mind of the person considering funding you. Of course, unlike cars there is no direct comparison across each startup so these are just some general guidelines to try and even the information field.

Valuation 324

Valuation Post-Money Valuation Pre-Money Valuation Cofounder 324

Both Sides of the Table

SEPTEMBER 18, 2014

And now I have to explain to team that they’re taking more dilution than they expected if we do a down round. A down round? These are all real conversations. What if when you have that conversation you don’t agree? Startup Lessons' Raising lower seems kind of like something is wrong.

Venture Capital 417

Venture Capital Liquidation Preference Valuation Term Sheet 417

ithacaVC

NOVEMBER 14, 2014

I have written about startup valuations previously. If you are advising startup founders, I strongly suggest having them read all 4 of the posts to get the lay of the startup valuation land. Here is Walla’s post: I can’t tell you how many times I’ve had this conversation. Here is a post from October 2012.

Valuation 69

Valuation Startup Down Round Early Stage 69

Both Sides of the Table

FEBRUARY 4, 2016

” There are a lot of data points that one can observer to get a sense of the venture capital markets – both LP fundings into venture and VC financings of startups. note: to follow realtime conversations & engage with me on Facebook you can follow me here: https://www.facebook.com/msuster ]. Most flat rounds.

LP 150

LP Valuation Burn Rate Pre-Money Valuation 150

Startup Professionals Musings

SEPTEMBER 14, 2010

This clause attempts to protect the conversion price of stock of angel investors, prior to additional financing, from being reduced to a price equal to the price per share paid in a later “down” round. Tags: entrepreneur startup angel investment term sheet business. Anti-dilution protection. Right of first refusal.

Term Sheet 227

Term Sheet Pre-Money Valuation Due Diligence Post-Money Valuation 227

Startup Professionals Musings

JANUARY 27, 2012

This clause attempts to protect the conversion price of stock of Angel investors, prior to additional financing, from being reduced to a price equal to the price per share paid in a later “down” round. These “IV drip” financings may reduce risk for investors, but put more pressure on founders. Anti-dilution protection.

Term Sheet 223

Term Sheet Pre-Money Valuation Due Diligence Post-Money Valuation 223

Both Sides of the Table

JUNE 5, 2016

The funding environment for tech startups is an ever shifting ground as we go through predictable shifts that go hand-in-hand with the slowing of the overall market. Boom in Number of Startups. There was an explosion in number of startups both because it was cheap and there was tons of available capital. Choose wisely.

Venture Capital 150

Venture Capital Silicon Valley Burn Rate LP 150

Bryce Dot VC

APRIL 21, 2016

But his post was detailed and thorough and took the conversation to a level few have pressed. If you read this post your takeaway might be that founders egos are crushed, employees options are worthless and Investors have very difficult conversations with their LPs. That about covers it, right? Now you make your own decisions.

Silicon Valley 40

Silicon Valley Dilution Term Sheet Down Round 40

Reid Hoffman

JUNE 8, 2021

You can listen to the conversation on the Greymatter podcast here. As I’m sure most would agree, Airbnb is one of the most iconic startups to have been formed in the world. But I generally am not a fan of committees and things that get in the way of moving quickly in a startup. I always saw it as the opposite.”.

Silicon Valley 69

Silicon Valley Hosting Rhode Island Design 69

Business Plan Blog

OCTOBER 8, 2013

In order to launch a successful business and raise the capital needed to do so, a startup needs to consider several aspects of the business including the management team , the size of the opportunity, the product/service/technology, the market/sales/distribution channels, the competitive environment and several other factors.

Business Plan 67

Business Plan NDA Exit Strategy Valuation 67

Reid Hoffman

JUNE 8, 2021

You can listen to the conversation on the Greymatter podcast here. As I’m sure most would agree, Airbnb is one of the most iconic startups to have been formed in the world. But I generally am not a fan of committees and things that get in the way of moving quickly in a startup. I always saw it as the opposite.”.

Silicon Valley 36

Silicon Valley Hosting Rhode Island Design 36

www.quora.com

SEPTEMBER 22, 2011

Type to Add and Search Questions; Search Topics and People Startups Startup Compensation Entrepreneurship Compensation Stock Options Major Internet Companies Silicon Valley Why is there such a large founder to early employee equity drop-off? Many startups these days are first-time entrepreneurs. is lowered. After that various i.

Equity 40

Equity Employee Founder Cofounder 40