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How VCs Think About Adding New Partners

Both Sides of the Table

Kara has worked in finance in Boston, NYC and Silicon Valley. 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. As a result we need somebody well networked into these communities already. She has been in operations in Seattle and Los Angeles.

Partner 408
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The Corrosive Downside of Acquihires

Both Sides of the Table

And on many occasions I have passed on deals where it was clear that the founding team was over-optimizing the deal structure to focus on a quick exit. I look for entrepreneurs who set out on their journeys to do exactly that – build big businesses. Change industries. Not looking for quick flips.

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Walker Twitter Highlights: August 11th – 21st

Scott Edward Walker

prAYlf Quora-Related Quora: What deal structure should be in place for a friend/family investment of < 20k in your startup? orDpNw Quora: “What are the common conditions of preferred shares in Silicon Valley with regard to redemption rights?” ” -Paul Graham bit.ly/prAYlf ” My answer: b.qr.ae/qmL732.

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Knowledge Is Power: Convertible Note Financing Terms, Part II

Gust

This may seem like a no-brainer now that you understand the basic structure of a convertible debt financing. At least one well-known Silicon Valley venture accelerator is using a document referred to as a “ convertible security ” rather than “convertible promissory note.” In fact, there is a recent variation on this theme.

Finance 79
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Knowledge Is Power: Convertible Note Financing Terms, Part V

Gust

This is the norm for West Coast deals, but it’s often the case in dealing with East Coast investors (more commonly for VC financing rounds rather than angel seed rounds) that the lead investor wants its lawyers to draft the documents.

Finance 79