David Teten

JANUARY 19, 2021

Our categorization is not a technical one. Additionally, Flexible VC can accommodate all types of companies, not just asset-lite, tech-enabled companies.”. Yes, via conversion rights at a valuation cap. Yes, via conversion rights at a valuation cap. Flexible VC offers you this. Flexible VC 101: Equity Meets Revenue Share.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Both Sides of the Table

MAY 28, 2018

There’s a quick litmus-test conversation any early-stage VC will have with the founder and it’s one that you should be as prepared for as your elevator pitch. Conversely many VCs believe that constraining cash can often lead to increases in creative solutions at a startup. Founder: “$250k / month.” Let me check my plan.”

Burn Rate 247

Burn Rate Valuation Pre-Money Valuation Dilution 247

Both Sides of the Table

JULY 16, 2010

But VC is an “illiquid asset&# so funds didn’t disappear quickly - In 2000/01 the stock market quickly adjusted punishing investors in the NASDAQ and in individual public technology stocks. But my conversations in the private corridors on Sand Hill Road in Silicon Valley is that many fund sizes will be smaller going forward.

LP 311

LP Technical Review Early Stage Silicon Valley 311

Both Sides of the Table

JUNE 30, 2016

conversation literally every week with startups. How much you raise determines valuation I know it sounds crazy but at the earliest stages of a company your valuation often is determined by how much money you raise. These types of firms may see your follow-on financing as a chance to “buy up ownership.” million or $4 million.

Pre-Money Valuation 292

Pre-Money Valuation Valuation Early Stage Startup 292

David Teten

APRIL 1, 2021

As an agenda for each meeting, I suggest: – How can we most add value, in addition to helping with financing? I recommend building a strong internal tech stack, to handle the deluge of requests for help you’ll get from companies as you scale. This is an open-ended query and the most important question.). Minimal cost. .

Private Equity 78

Private Equity Venture Capital Portfolio Equity 78

Both Sides of the Table

SEPTEMBER 29, 2013

If you track the venture capital industry it would be hard to miss the conversation going on this week over AngelList “Syndicates.” AngelList 101 : As you know, AngelList is a platform where angels can invest in semi-screened tech deals. lack of traction, lack of downstream financing availability. founder fighting.

Syndicate 356

Syndicate Syndication Cofounder Early Stage 356

YoungUpstarts

OCTOBER 28, 2015

Craig Schmitz, a partner in the Technology Companies Group at law firm Godwin Proctor LLP who works on corporate, governance, board and fundraising issues, and Erika Fisher, an associate in the firm’s Business Law Department who deals with IP, fielded questions about the legal issues startups face. ” The Cost of Financing.

Convertible Security 100

Convertible Security IP Technical Review Software Review 100

Both Sides of the Table

APRIL 26, 2016

The key to being able to run a business that isn’t yet profitable (on operating margin) is availability of capital to finance losses and preferably at a cost that isn’t too punitive to the founders and employees. So it might actually be more productive for you to improve your conversion than to improve your ad buying, for example.

Metrics 150

Metrics Cost Acquisition Startup 150

Both Sides of the Table

JULY 1, 2010

A good early-stage CEO needs to be accessible, to be accountable for producing results and should be establishing the cultural norms of the company through direct leadership at all levels. You’ll get sales information from your VP of Sales, marketing information from your VP Marketing, tech information from your CTO and so on.

CTO Hire 308

CTO Hire Management Technical Review Part-Time VPE 308

Both Sides of the Table

MAY 19, 2013

I have never felt prouder of the team & product at awe.sm ( please visit to check out our latest & be ready for our next big product announcement due out in next month or so) and yet we just brought in a new CEO to the company, Fred McIntyre. ” We had inbound M&A requests from some of the biggest names in tech.

Technical Review 303

Technical Review Cofounder Analytics Founder 303

Austin Startup

AUGUST 10, 2017

Although we were studying finance, we were always more interested in tech. We were infatuated with tech. Before graduating, I decided to forgo the finance path and instead dove into engineering and later sales and product management roles at VersaSuite (health IT) in Austin. But we never lost the finance bug.

Technical Review 48

Technical Review Cofounder Technical Cofounder Austin 48

Both Sides of the Table

OCTOBER 29, 2009

We’re clearly in the early stages on Twitter monetization but let me offer some views on why we find Ad.ly so compelling (other than the fact that the CEO Sean Rad is a great young technology leader and his advisers – Brian Norgard , Dan Gould and Evan Rifkin - are some of the guys I respect most in the LA tech market.).

Technical Review 286

Technical Review Advertising Early Stage Internet 286

Austin Startup

MARCH 4, 2019

Meet the Locals Here are the most active early stage investors in town that you should meet while you’re here and do deals with. It’s a robust ecosystem so I’m only listing the ones we’ve done the most deals with here but Capital Factory is the most active early stage investor in Texas so this is a good sampling.

Silicon Valley 50

Silicon Valley Technical Review Texas Venture Capital 50

Austin Startup

MARCH 1, 2018

The biggest week of the year for tech and startups in Austin, Texas as South by Southwest (SXSW) descends upon the city from March 19–15. Bose will be demonstrating the new technology to app and device developers in a fun, informative setting. There are a zillion things to do, both official and unofficial?—?so Did I miss something?

Technical Review 89

Technical Review Austin Texas Cofounder 89

Both Sides of the Table

JUNE 5, 2011

2 preamble issues having read the comments on TC today: 1: I know that the prices of startup companies is much great in Silicon Valley than in smaller towns / less tech focused areas in the US and the US prices higher than many foreign markets. This article originally appeared on TechCrunch. I acknowledged this in the article. billion.

Pre-Money Valuation 336

Pre-Money Valuation Valuation Silicon Valley Stock 336

Up and Running

SEPTEMBER 19, 2017

They allow you to hire more people, purchase new technology, and establish new business connections, among many other benefits. Proposed private equity deal: Eventually, this business will require private equity to provide sufficient funding to develop some of the more robust aspects of the technology that will attract Fortune 500 clients.

Private Equity 94

Private Equity Pre-Money Valuation Equity Startup 94

David Teten

DECEMBER 3, 2019

When I met my now-wife, I realized that any technology that can find me a spouse is a killer app. I’d argue that the same type of technologies that have revolutionized dating can revolutionize our industry. . I walk through below how progressive investors are using technology and analytics throughout all of their operations.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Hunter Walker

JULY 22, 2014

Hey founders, want to hear something incredibly frustrating about seed financing? Revenue runrate that you believe is required to raise additional financing. Since most of Homebrew’s investments are in early stage companies, we get to experience “first forecast” with almost all of them. Yeah, that one.

Forecast 95

Forecast Early Stage Seed Stage Startup 95

David Teten

SEPTEMBER 5, 2014

Like many established finance & media companies, GLG knows that the tech startup sector is a growing part of the economy. That could be a VC trying to diligence a space they don’t know well or a Fortune 500 company trying to expand into a new market. Or, you can go straight to the source. We kind of bring it all together.

New York 114

New York Technical Review Networking Advisory Board 114

Hunter Walker

MARCH 27, 2017

At the early stages, EVERY company still has significant risks associated with it. Additionally, I find low conversion among investors who can’t articulate their specific investment thesis for a given opportunity and what they hope to discover during diligence. Technical risk. Financing risk.

Founder 48

Founder Technical Review Cofounder Distribution 48

Austin Startup

JULY 6, 2018

Ask the Users Startup Accelerators: Bundled and Unbundled Over the past several years, accelerators have emerged as a powerful filtering and signaling mechanism in early-stage startup ecosystems, allowing high-potential young startups to connect with investors, advisors, and other strategic partners far faster and more efficiently than before.

Dilution 48

Dilution Startup Technical Review Equity 48

Austin Startup

MARCH 20, 2017

Since the field’s estimated beginnings in 2009 , subsegments like “feminomics” and “inclusive finance” have spun off, but at it’s core gender lens investing is: incorporating gender as a factor to guide investment strategies. The movement’s objective is to look at the entire financial and social system, not just at women.”

Private Equity 54

Private Equity Venture Capital United States Equity 54

Startup Company Lawyer

AUGUST 31, 2012

Over the past few years, convertible debt has emerged as a quick and inexpensive method for startup companies to raise money from angel investors and early stage venture funds. ” As a result, Ted introduced the Series Seed preferred stock documents as an alternative to convertible debt for early stage investments.

Convertible Security 73

Convertible Security Equity Security Preferred Stock 73

Feld Thoughts

DECEMBER 21, 2011

I’ve worked with Paul since he co-founded Raindance Communications in 1997 and was delighted to quickly lead a seed financing for Orbotix. The early reviews are starting to come in and they are all in the “wow this is cool I wish there were more apps” category. ” I have two dogs and they love the Sphero.

Software Review 133

Software Review Technical Review Early Stage Programming 133

ReadWriteStart

OCTOBER 7, 2010

At today's roundtable we had some interesting companies and a lot of fundraising discussions, and I will review them shortly. Bottom line, early stage equity is very, very expensive. That is debt financing that converts into equity at the Series A valuation once the price for that is set. (I We will work on that with her.

Valuation 119

Valuation Silicon Valley Pre-Money Valuation Bootstrapping 119

Austin Startup

AUGUST 20, 2017

Early stage startups have to survive one day at a time and are often presented with limited choices of the moment that enable them to continue. There are many ways to measure technical skills and check work histories and achievements, but assessment of team chemistry is a high art form.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

genylabs.typepad.com

SEPTEMBER 24, 2011

Small Business Labs, from Emergent Research , covers the key social, technology and business trends impacting small business. New Communications Review. Interest in this waned when the Internet bust resulted in most tech start-up equity becoming worthless, but it seems to be coming back. Most tech start-ups fail.

Equity 40

Equity Technical Review San Jose Stock 40

This is going to be BIG.

APRIL 29, 2011

I had an interesting conversation with an entrepreneur last week about how he decided which VCs he was going to pitch. At the same time, I had lunch with someone yesterday who regularly ran into early stage entrepreneurs who was surprised to hear that I didn't mind if they made intros to me. Would you invest in it.

Technical Review 121

Technical Review Early Stage Due Diligence Venture Capital 121

Up and Running

JUNE 14, 2017

Early stage idea validation can be accomplished without building an application. It’s possible to simulate user experience through existing, lower-tech resources. And that, by the way, was a great conversion rate for a simple survey-based research for the initial free subscription version of Recycler Spotter.

Technical Review 96

Technical Review Distribution Redemption Demand 96

Up and Running

SEPTEMBER 5, 2017

To draw titular inspiration from a New York Magazine article entitled Ellen Pao and the Sexism You Can’t Quite Prove (we’ll talk more about Pao later on), I entered into this topic less with the desire to try to “prove” a specific point, but rather to explore an issue that continues to rise to the top of conversation in the entrepreneurial space.

Venture Capital 82

Venture Capital Lean Cofounder Technical Review 82

Both Sides of the Table

SEPTEMBER 8, 2010

This is the failure of many early-stage companies when they try to scale. Due to the language and culture issues in Europe we opted for a country structure with an MD in each country and local sales, marketing & customers support staff. I *think* he found the conversation relieving and confirming.

Ireland 319

Ireland Sales Bankruptcy Germany 319

Duct Tape Marketing

NOVEMBER 2, 2023

02:06] Can you share your experience starting with an early-stage company (Hubspot) that eventually went public? [07:11] Click on over and give us a review on iTunes, please! You were an early HubSpot person. Imagine all the time and frustrations you can save from trying to get your tech work done properly.

Metrics 72

Metrics Analytics Forecast Software Review 72

Up and Running

MAY 3, 2012

Entrepreneurship continues to be a sexy topic for governments, with every country worth its salt trying to create its own tech hub, mimicking Silicon Valley. And besides, obtaining early-stage investment is no guarantee of success, either. The signs to me are all too obvious from our conversations.

Entrepreneur 82

Entrepreneur Technical Review Silicon Valley Lean 82

www.inc.com

SEPTEMBER 24, 2011

Technology | Thursdays. Finance | Tuesdays. Financing a Small Business. Financing A Small Business. Personal Finance. TECHNOLOGY. Technology. Like a venture capitalist reviewing business plans, he now weighs the potential of every company Arizona Bay works with. Forgot login ? Franchises.

Arizona 40

Arizona Equity Iowa Venture Capital 40

Austin Startup

DECEMBER 29, 2018

As I’ve mentioned in several Lucky7 posts before, we are living in the Golden Age of Technology ( here’s one of those posts ). Since I first wrote about the Golden Age in 2014, valuations for tech companies have only increased?—?rather DFS was formed in 1997 to provide Dell customers the best financing options.

Cofounder 48

Cofounder Austin Technical Review Advisory Board 48

VC Cafe

NOVEMBER 2, 2019

When you start with an honest and diligent effort to determine the truth of your situation, the right decisions often become self-evident.” — Jim Collins , author of Good to Great. Benchmarks are typically specific to stage/business model/geo. Benchmarks for deep tech startups. What should our MRR growth be?

B2C 141

B2C Technical Review Startup Retention 141

www.seriesseed.com

DECEMBER 9, 2012

Series Seed Financing Documents Blog. I hesitate to use a quote from one of the greatest people ever to grace planet earth, and certainly the question of how to structure early stage investment is a laughable cause as compared to the rights that Ghandi (also a lawyer) fought to advance.  SeriesSeed.com. Blog Archives.

Term Sheet 40

Term Sheet Ratchet Dilution Equity 40