Austin Startup

NOVEMBER 6, 2017

Many angel investors, and also strategic investors, are comfortable investing in LLCs, particularly under a convertible security structure that doesn’t immediately result in equity holdings. Originally published at Silicon Hills Lawyer.

Delaware 48

Delaware LLC Startup Silicon Valley 48

Both Sides of the Table

OCTOBER 14, 2009

The third scenario I’ve seen is with “strategic&# investors. Strategic is often a euphemism for investors that are from the industry you serve rather than from a purely financial investor. I’ll cover strategic investors in a different post.

Advisory Board 215

Advisory Board Strategic Investors Venture Capital Later Stage 215

Both Sides of the Table

AUGUST 16, 2012

I don’t really need to the conversation skewed by extra participants. Some “strategic investors” have rules that they can’t sit on board seats. If the person is there to understand the context and help with follow up then they should be able to get full value from the meeting just by being there.

Strategic Investors 289

Strategic Investors Early Stage Partner Naming 289

The Equity Kicker

NOVEMBER 22, 2013

I’m stoked that Appear Here , brainchild of Ross Bailey and one of our portfolio companies has raised £1m in funding from a range of strong investors. Howzat Partners led the round with participation from Playfair Capital and a small number of strategic investors from the property industry.

Strategic Investors 94

Strategic Investors Later Stage Portfolio Early Stage 94

Both Sides of the Table

MAY 30, 2018

Before raising capital you need to have a conversation with your existing investors to get a sense on what they’re thinking or at a minimum you better have an intuitive feel for it. Strategics (ie industry investors vs. VCs). This isn’t true of all strategics but it is true for many of them?—?particularly

Valuation 324

Valuation Post-Money Valuation Pre-Money Valuation Cofounder 324

Both Sides of the Table

JULY 24, 2016

I would start the conversation by asking somebody to weigh in. Sometimes it’s because you have strategic investors. My preferred strategy is for you to shape the issue by saying, “Here is what we’re pushing for. Here are the alternatives we’ve considered. We’d like to get your input.” Here’s the reality.

Metrics 196

Metrics Strategic Investors Later Stage Management 196

Seeing Both Sides

AUGUST 28, 2017

We typically advise our portfolio companies to avoid taking on strategic investors at an early stage for this very reason. VCs need different structures in their standard convertible notes or SAFE notes in the context of a company being able to avoid follow-on equity financings and thus being able to avoid conversion.

Early Stage 20

Early Stage Equity Venture Capital Government 20

Seeing Both Sides

AUGUST 28, 2017

We typically advise our portfolio companies to avoid taking on strategic investors at an early stage for this very reason. VCs need different structures in their standard convertible notes or SAFE notes in the context of a company being able to avoid follow-on equity financings and thus being able to avoid conversion.

Early Stage 20

Early Stage Equity Venture Capital Government 20

David Teten

SEPTEMBER 6, 2015

A corporate investor can provide diversity on the Board as someone who thinks differently from independent VCs. Corporate venture funds are often referred to as ‘strategic’ investors because of the unique benefits they bring to the table. Some corporate funds lead rounds and take board seats, others don’t.

Venture Capital 60

Venture Capital Balance Sheet Technical Review Portfolio 60

Both Sides of the Table

JUNE 18, 2010

Are “strategic investors&# (e.g. industry investors rather than VCs) a good idea for entrepreneurs. TRUSTe claims that 82% of all users recognize the meaning of a TRUSTe seal on a web site, resulting in increased conversion rates, order values and engagement.

Venture Capital 225

Venture Capital Non-Compete Vertical Europe 225

This is going to be BIG.

DECEMBER 21, 2017

AH kicked off this raise based on some inbound conversations with high net worth individuals back in the first quarter of this year--over nine months ago. Ice cream has gotten to be a pretty hot space, ironically, for high profile investors to get into lately. Ample Hills has been offered these deals and turned them down.

Cap Table 90

Cap Table Cofounder Valuation .Net 90

VC Adventure

AUGUST 10, 2010

The roots of Trada can be traced back to a series of conversations Niel and I started having months before the concept of Trada was born. It’s hard to imagine a more strategic investor in a search business than Google and we’re extremely happy to have Rich Minor and the Google Ventures team on board.

Syndicate 74

Syndicate Syndication Due Diligence SEM 74

Austin Startup

SEPTEMBER 20, 2019

They will discuss the startup journey “from startup to scaleup in enterprise software”, lessons learned, the challenges of scaling and why the right strategic investors or partners can be beneficial even at early stages.

Austin 48

Austin Startup Texas Community 48

Version One Ventures

JANUARY 28, 2013

Since CBInsights released its report in December, conversations have accelerated about the pending “Series A Crunch.” For example, look for strategic investors or another angel round. While experts may differ on the implications or severity of the Series A Crunch, the numbers provided by CBInsights are straightforward.

Burn Rate 140

Burn Rate San Francisco Vesting Finance 140