VC Cafe

MAY 29, 2022

Layoffs and hiring freezes have started. Big tech (Google, Meta, Microsoft, Amazon, Apple) have implemented a temporary hiring freeze. Series B: Since this is generally the round where growth investors will start to enter the picture, the underwriting will be more meticulous in a tightening market.

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Venture Capital Early Stage Valuation Startup 183

View from Seed

FEBRUARY 19, 2015

I called the recruiter running the search and told him I was going to step down and hire a CEO. So, in order to hire a CEO, we have to give someone their first shot at the job.” It’s nice to get great valuations and hire A-players. Keep at it. Be pragmatic. But sometimes you can’t.

Founder 120

Founder Startup Cofounder Business Model 120

VC Cafe

SEPTEMBER 26, 2022

So in terms of hiring, get people that can help you build the product faster… anything that minimizes the time between observing a need or a problem, and the execution or the fix for it.” A good way to think about valuation in seed/pre-seed is to reverse engineer the next round. Remember that speed is the secret weapon of startups.

Founder 187

Founder Startup Valuation Pre-Money Valuation 187

www.mattbartus.com

DECEMBER 9, 2012

Interesting strategy, although I don't know if it justifies the added risk of having a flat (or down) round next time you go to raise. Interesting strategy, although I don't know if it justifies the added risk of having a flat (or down) round next time you go to raise. link] Brad Hargreaves. link] Roy Rodenstein.

Warrant 40

Warrant Valuation Pre-Money Valuation Term Sheet 40

Steve Blank

NOVEMBER 2, 2009

In times when venture capital is hard to get, investors extract high costs for failure (down-rounds, cram downs , new management teams, shut down the company.) Marketing demand creation programs (Search Engine Marketing, Public Relations, Advertising, Lead Generation, Trade Shows, etc.)

Lean 244

Lean Silicon Valley Startup RSS 244

Reid Hoffman

JUNE 8, 2021

And I hired a COO, Belinda Johnson , and she said, “No, if people don’t like you, you should meet with them.” And I made a decision not to do an equity round, because I thought it would be a down round. And I said, I think it’s going to be a down round, because people are scared. And I said, “Why?”

Silicon Valley 69

Silicon Valley Hosting Rhode Island Design 69

www.paulgraham.com

APRIL 28, 2010

For example, a seed firmshould be able to give advice about how to approach VCs, which VCsobviously dont need to do; whereas VCs should be able to giveadvice about how to hire an "executive team," which is not an issuein the seed stage. You dont have to spend time on bureaucraticstuff, because you havent hired any bureaucrats yet.

Technical Review 76

Technical Review Startup Software Review Angel Investor 76