Startup Professionals Musings

FEBRUARY 3, 2018

If the entrepreneur wants total control of their own venture, with no one looking over their shoulder, they should work within the limits of their own resources, a process called bootstrapping. Funding can be pulled, and future distributions withheld, if objectives are not met. Progress milestones become management objectives.

Term Sheet 140

Term Sheet Advisory Board Liquidation Preference Portfolio 140

Startup Company Lawyer

MARCH 14, 2010

If you don’t, please educate yourself on this site, Venture Hacks and the term sheet series by Brad Feld/Jason Mendelson, among other places. If you really want to understand the nuances in venture capital financing documents, please review the NVCA model venture capital financing documents. . under $500K).

Finance 70

Finance Software Review Term Sheet Liquidation Preference 70

Startup Professionals Musings

JULY 3, 2014

Angel and venture capital money always comes with strings attached, starting with the obvious ones outlined in the term sheet for the deal. Funding can be pulled, and future distributions withheld, if objectives are not met. Progress milestones become management objectives. Your time is no longer your own.

Term Sheet 237

Term Sheet Advisory Board Liquidation Preference Startup 237

Life Beyond Code

SEPTEMBER 27, 2011

Thus, I have come to the conclusion that if I could help a million entrepreneurs globally reach $1 million in revenue (and beyond), that would be the foundation of a robust, distributed, and sustainable economic value creation that would add up to a trillion dollars in global GDP. a distributed, democratic model of capitalism.

Programming 116

Programming Silicon Valley Bootstrapping Technical Review 116

Growthink Blog

JANUARY 24, 2011

I get the same question a lot from entrepreneurs raising equity capital (venture capital or angel funding). The question is whether they need to issue common or preferred stock. The answer depends on how and what rights are defined in the preferred stock. If, then the company were to be sold for $5,000,000 (i.e.

Preferred Stock 93

Preferred Stock Stock Common Stock Liquidation Preference 93

Startup Professionals Musings

AUGUST 16, 2015

If the entrepreneur wants total control of their own venture, with no one looking over their shoulder, they should work within the limits of their own resources, a process called bootstrapping. Funding can be pulled, and future distributions withheld, if objectives are not met. Progress milestones become management objectives.

Term Sheet 120

Term Sheet Advisory Board Liquidation Preference Angel Investor 120

Tim Keane

JANUARY 12, 2010

  I’ve sat down with entrepreneurs and a copy of a term sheet guide I like [ “Term Sheets & Valuations - A Line by Line Look at the Intricacies of Venture Capital Term Sheets & Valuations ” by Alex Wilmerding, Aspatore Press.] Second a liquidation preference and a participation.   First , dividends.

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

Growthink Blog

MAY 23, 2011

With this seed capital – more often than not totaling between $100,000 and $1,000,000 - the company accomplishes a number of key technical milestones, gets a beta customer or two, and then goes on a "road show" to venture capitalists around the country for capital to “scale” the business. There are a lot of dark, hard days.

Angel Investor 112

Angel Investor Venture Capital Sweat Equity Cram Down 112

abovethecrowd.com

APRIL 20, 2016

In Silicon Valley boardrooms, where “growth at all costs” had been the mantra for many years, people began to imagine a world where the cost of capital could rise dramatically, and profits could come back in vogue. In 1999, record valuations coexisted with record IPOs and shareholder liquidity. Competition also has access to capital.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40