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How VCs Think About Adding New Partners

Both Sides of the Table

Helped merge company with Seedling – on track to do $20 million combined revenue in 2015 – will now become Chairman). That turns out to be much more difficult than non-investors often imagine. In Kara’s case I got to see her work on deal structuring first hand having worked closely with her on her board at P.S. XO.

Partner 408
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The Pre-Seed FAQ

K9 Ventures

Seed is the new Series A. (~$2M used get for building product, establishing product-market fit and early revenue). 6M-$15M used to scale customer acquisition and revenue). In sports, you always want to play and compete at the stage that is right for you. It used to be that a company could go public when it hit $20M in revenue.

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Piercing the Corporate Veil of Sweat Equity

grasshopperherder.com

I think it’s difficult, if not impossible, to value a pre-revenue company with any reasonable accuracy. The company did have some revenue and paying users, but not enough to make any judgement on the company’s future prospects. Non-compete. The company with all the revenue is Company C. Valuations.