Remove Conversion Remove Pre-Money Valuation Remove Reputation Remove Technical Review
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Why Raising Too Much Money Can Harm Your Startup

Both Sides of the Table

conversation literally every week with startups. So the temptation would be to ask for $5 million because that implies a $20 million pre-money valuation if you’re able to only give away 20% or a $15 million pre-money valuation of investors require 25%. I have this “How much should I raise?”

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The Changing Structure of the VC Industry

Both Sides of the Table

pre-money valuation you certainly would want to exercise your right to continue investing if you had prorata rights. But the biggest changes in our industry have been driven by technical changes themselves to which we are just observers and fortunate beneficiaries. 2007 was the watershed year. The iPhone was released.

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The Power of Quora & Why Benchmark was Right to Pay Up

Both Sides of the Table

I was an early user of Quora and like all new technologies they take a bit of playing with them for a while, discussing them with others and reflecting on them to let them sink in. What I notice is that people further the conversation, talk with each other, network, try to get noticed (linking to their websites, etc.). No, really.