Gust

OCTOBER 12, 2011

During the summer of 2010, I developed a workshop, A New ACEF Valuation Workshop for Angels and Entrepreneurs. To provide some reference points, I surveyed thirteen angels groups in North American to determine their recent experience in negotiating the pre-money valuation of pre-revenue companies. Current Average.

Angel Groups 125

Angel Groups Valuation Pre-Money Valuation St. Louis 125

Agile VC

MAY 26, 2011

I certainly bear no ill will to the various firms that ultimately passed on our fundraise… as a seed stage VC myself now I can appreciate how hard it is evaluating companies at the earliest stages of development. round which closed in November 2003, and the pre-money valuation between $10 million and $15 million. It was a $4.7M

Term Sheet 178

Term Sheet Silicon Valley Technical Review Social Network 178

View from Seed

APRIL 30, 2015

” Venture debt gives you those options, and particularly for companies that wind up doing well, then on your same cash-out date, you’d likely have achieved a better milestone thanks to fueling your spend, which would translate into a better valuation. Traction and revenue? Business model? Previous capital raised?

Term Sheet 120

Term Sheet Equity Startup Seed Stage 120

Gust

OCTOBER 20, 2011

In 2011, the valuation of pre-revenue, start-up companies is typically in the range of $1.5–$2.5 Scorecard Valuation Methodology. Such comparisons can only be made for companies at the same stage of development, in this case, for pre-revenue startup ventures. million for pre-revenue companies.

Valuation 146

Valuation Pre-Money Valuation Intellectual Property Technical Review 146

David Teten

JULY 23, 2019

See How VCs structure a syndicate and recruit coinvestors for more on this. Note the pitch should explain what they actually do preferably using the Mad Libs format : “My company, [NAME], is developing [A DEFINED OFFERING], to help [DEFINED AUDIENCE], [SOLVE A PROBLEM], with [SECRET SAUCE].”. – Headquarters city .

Portfolio 60

Portfolio Elevator Pitch Syndicate Syndication 60

David Teten

SEPTEMBER 23, 2017

produced this analysis of engineering representation within VC firms: Selected VCs with Highest Representation of Developers in Workforce. HOF Capital is currently developing a proprietary sourcing tool to automatically filter for potential deal prospects that fit our criteria. VC Firm. $ Tech % of workforce. Google Ventures (GV).

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

View from Seed

JUNE 30, 2015

Over a third of our investments happen pre-product (so by definition, before PMF), and two-thirds are pre-revenue. For a marketplace or ecommerce business, you need to be doing well north of $5M in annual revenue or GMV to get an A round done. Or maybe your market hasn’t quite developed as quickly as you’d hoped.

Seed Stage 120

Seed Stage Syndicate Syndication Dilution 120

Agile VC

FEBRUARY 2, 2012

How They Make Money : Facebook’s primary revenue stream is of course selling advertising on Facebook.com, which in total accounts for 85% of revenue. The next chunk comes from Facebook’s platform, in essence “taxing” the revenues of app developers like Zynga, which represents 15% of revenue.

IPO 100

IPO South Korea Venezuela Revenue 100

David Teten

DECEMBER 3, 2019

This provides us more time to develop meaningful relationships with prospects and customers. Tribe Capital has developed A Quantitative Approach to Product Market Fit. . Lighter Capital, a Revenue Based Investing VC, offers a Cost of Capital Calculator. 3) Raise capital. An example of a tech-enabled VC is Corl. 7) Negotiate .

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Austin Startup

DECEMBER 20, 2010

He’s joined by Brian Dainton and Eric Falcao, two seasoned Ruby developers who will hold the titles of Director of Products, and Director of Platform. I’ve been exploring ideas to work with these guys for a while because they are incredible developers. Chief Content Officer for ad:tech. Is there real value in that data?

Curation 118

Curation Austin Cofounder Ruby 118

Duct Tape Marketing

DECEMBER 14, 2017

He’s been a developer/hacker for over 15 years, and he sold his first startup, VinSolutions for $150 million. I grew up working in flea markets, and my family was entrepreneurial, not in the tech side of things or anything, but in different ways, and was always working side projects and jobs for people as a developer.

Kansas City 40

Kansas City CTO Hire Las Vegas Software Developers 40

Professor VC

JUNE 20, 2011

But of course, the model had us requiring only $10M equity to breakeven and to achieve $185M in revenues in 2008 (the magic Year 5 in all business plans). I take CFO roles in early stage companies and participate on the management team during the early financings and business model development phases.

San Jose 28

San Jose Angel Investor Term Sheet Venture Capital 28

www.paulgraham.com

APRIL 28, 2010

Then you can gradually transformyourself from a consulting company into a product company, and haveyour clients pay your development expenses. There never has to be atime when you have no revenues. An advantage of consulting, as a way to develop a product, is thatyou know youre making something at least one customer wants.

Technical Review 76

Technical Review Startup Software Review Angel Investor 76