Feld Thoughts

MARCH 24, 2017

Lindel joined Foundry Group as a partner to lead the fund investing activity of Foundry Group Next. We’ve had the opportunity to work with Founder Collective’s partners – David Frankel, Eric Paley, and Micah Rosenbloom – over the years on several companies. But they didn’t take advantage of that demand.

Founder 75

Founder LP Technical Review Seed Stage 75

Startup Professionals Musings

SEPTEMBER 5, 2016

Many aspiring entrepreneurs jump ship from corporate environments, complaining that they want to be their own boss, only to find that investors are more demanding bosses than the ones they left. Keep later critical financing needs viable. Don’t let early funding increase risk and dilute your potential.

Bootstrapping 120

Bootstrapping Entrepreneur Startup Exit Strategy 120

View from Seed

MAY 2, 2019

The challenge with pre-seed rounds is that pricing will sometimes be pretty dilutive. My experience is that YC partners tend to encourage founders to hold off on taking more money shortly after getting into YC, arguing that their value will increase significantly in just a few months. The Pre-YC Pre-Seed.

Early Stage 214

Early Stage Dilution Valuation .Net 214

The Next Web

FEBRUARY 27, 2014

George Deeb is the Managing Partner at Chicago-based Red Rocket Ventures , a startup consulting and financial advisory firm based in Chicago. This is typically in conjunction with an upcoming financing or pending takeover offer. This is typically in conjunction with an upcoming financing or pending takeover offer.

Valuation 167

Valuation Forecast Seed Stage .Net 167

Up and Running

MAY 27, 2014

You should think of choosing an investor the same way you consider choosing a business partner, because after you take their money, they become a partner in your business. And if you choose a partner based on money alone, you’re going to find yourself in trouble. (It Every time an investment is made, everyone dilutes!).

Angel Investor 119

Angel Investor Dilution Accredited Investor Due Diligence 119

Both Sides of the Table

APRIL 25, 2011

It’s nearly impossible to get a services company financed by VCs. They have created two internal technology “products&# and wanted to figure out how they could turn their services business into a product business that could be financed. You’re a small fish. This team is talented. They wanted advice.

Silicon Valley 332

Silicon Valley IP Dividend Finance 332

Babbling VC

OCTOBER 3, 2011

For those of you not in the know, they are one of the largest limited partners ( LP's : investors in venture capital funds) in Europe and are basically in almost all the funds throughout the market. Exits will feed future intermingling amongst the entrepreneurs and the funds financing them. This one is in my mind changing the fastest.

LP 82

LP Europe Germany Venture Capital 82

Gust

OCTOBER 8, 2014

Cautionary note: No competent VC is actually fooled when you show up after raising $6M in seed financing and say you’re now raising an A! 5 million was always the classic definition of an A-round between the late nineties (crazy financings aside) and say 2007. Marc Andreessen (@pmarca) October 7, 2014. Why the latter?

Cap Table 136

Cap Table Silicon Valley Term Sheet Non-Compete 136

rapidrollout.wordpress.com

JANUARY 15, 2011

He or she might call himself a “consulting CTO,&# “freelance CTO,&# “on-demand CTO,&# “CTO on call,&# “CTO for hire,&# or just a “technology strategy advisor.&# Also, working with a consulting CTO will prepare you for finding and selecting a permanent technology partner.

Fractional CTO 40

Fractional CTO CTO CTO Hire Fractional VPE 40

David Teten

JANUARY 21, 2021

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. VI: Revenue-based financing: The next step for private equity and early-stage investment. This is a summary of: Revenue-Based financing: State of the Industry 2020. His work on VC and small communities can be found at greatercolorado.vc/blog.

Equity 78

Equity Revenue Cofounder Colorado 78

Both Sides of the Table

MARCH 11, 2011

Secondly, they had an owned & operated (O&O) website – Google.com – and Overture had shut down GoTo.com at the request of their very profitable and large distribution partners. Too many entrepreneurs focus on dilution. They would launch quickly and test whether or not there is any demand.

Product 350

Product Tuvalu Dilution Incubator 350

Professor VC

JULY 25, 2013

The seed round had participation from two venture firms that were committed to doing their pro-rata and seed round was done with a very clean term sheet (1x preference, non participating, no anti-dilution). They did get the partners on board on the condition that the term sheet is renegotiated at a lower valuation.

Term Sheet 46

Term Sheet Silicon Valley Syndicate Syndication 46

Both Sides of the Table

FEBRUARY 22, 2011

Here’s the problem: Let’s say you have 5 VCs (plus angels but let’s ignore that for now) and each one owns 5% so you took 25% dilution to get the round done. Let’s say each of those 5 partners has at least 7 other investments each. The most common case is that the partner who did the deal left the firm.

Dilution 314

Dilution Cap Table Due Diligence Option Pool 314

abovethecrowd.com

APRIL 20, 2016

Why the Unicorn Financing Market Just Became Dangerous…For All Involved. All Unicorn participants — founders, company employees, venture investors and their limited partners (LPs) — are seeing their fortunes put at risk from the very nature of the Unicorn phenomenon itself. It will also minimize future dilution.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

Both Sides of the Table

FEBRUARY 14, 2016

Many experienced partners are funds have 7-10 boards and most of these will need more capital. The Laws of Supply & Demand. The most basic chart of microeconomics is a supply & demand curve. Demand represents a buyer and supply a seller. This is how VCs feel. Now for every dollar a VC raises $2.50 The result?

Valuation 150

Valuation Down Round Startup Later Stage 150

maplebutter.com

JANUARY 8, 2013

What is the best advice you can give for finding a business partner? Don’t quickly choose any business partner. The key is to ask the right people what they think – not your friends, parents or partner. If you believe in it – then finance whatever you can yourself. Initial developer: partner or hired? 1) Hire A’s.

Technical Review 44

Technical Review Startup Cofounder Software Review 44

crowdSPRING Blog

DECEMBER 13, 2018

If your brand tries to be too many things at once, the message becomes scattered and the brand grows diluted. Lee Fredericksen, Managing Partner at Hinge Marketing explains : A brand promise is an extension of a company’s positioning. And bags for cleaning up dog waste are in constant demand for city-dwelling dog owners.

Marketing 162

Marketing Charlotte Naming Design 162

Ben's Blog

MAY 24, 2021

Editor’s Note: This testimony was delivered by a16z managing partner Scott Kupor to the U.S. By way of background, I am the Managing Partner for Andreessen Horowitz, a $16.5 Second, by better matching supply and demand, direct listings have generally mitigated the magnitude of IPO Pops, thus engendering better overall price discovery.

SEC 36

SEC Accredited Investor IPO Technical Review 36