article thumbnail

Master of Customer Acquisition, Matt Coffin, On Startups …

Both Sides of the Table

He tells the story of how he was out of cash, stressed out, nobody in LA or Silicon Valley would give him money, he had finally found an investor in Minneapolis but his venture bank was going to shut him down for breaking a “covenant&# in their agreement by not having enough cash in the bank. The answer? we both love Jason).

article thumbnail

Arif Bhalwani, CEO of Third Eye Capital, on the ‘Golden Age’ of the Private Credit Market

The Startup Magazine

Private credit has proven resilient through the recent cycle of rising rates, and the ability to structure deals with covenants, collateral, and tailored repayment terms provides a level of protection and potential for value creation, making it a compelling option for investors.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

You are particularly vulnerable if: You have revenue concentration (few customers each providing a large total of percentage of your revenue). You have a large number of startup customers (because when markets crash they have a funny way of going bankrupt quickly or cutting burn precipitously).

Burn Rate 383
article thumbnail

What if you see juicy competitor information?

Berkonomics

And none of this is especially considered a trade secret, violating the unspoken covenant between competitor CEOs that there is a limit to such exchanges. The source of this information was typically the purchasing decision-maker for a friendly customer or candidate customer.

article thumbnail

Who are the Major Revenue-Based Investing VCs?

David Teten

At least 12 months of customer history, generally 20+ enterprise customers or 200+ SMB customers. Like other RBI firms, Decathlon does not require warrants, governance involvement, or the types of financial covenants that are often associated with other venture debt type solutions. ARR of $500K+. Capital need of up to $1.5M

Revenue 60
article thumbnail

How 20 customer interviews enriched Lexoo’s strategy

The Equity Kicker

Lexoo is one of our very early stage deals, and as was the case with our other early seed deals SnapTrip and Parcelbright the CEO worked with our Product Partner Dharmesh to conduct a structured set of customer interviews. Lexoo will now be adding much more value to it’s customers. And the findings were remarkable. Thank you!'

Covenant 106
article thumbnail

Have you done your annual entrepreneurial health check?

NZ Entrepreneur

Breaching facility limits and covenants – this can take the form of a company breaching its overdraft facilities with multiple excesses each month. Additional funding requests – requesting funding over and above those forecast by the company can be a tell tale sign that all is not well. Staff/Management.