Rob Go

DECEMBER 14, 2016

When a VC invests in a startup, the two parties usually sign a term sheet that lays out the major terms of the investment round. 90%+ of term sheets result in a closed deal that is more or less equivalent to what was discussed. In the M&A process, an LOI feels an awful lot like a term sheet.

Term Sheet 28

Term Sheet Technical Review Due Diligence Private Equity 28

www.quora.com

JANUARY 16, 2011

Find Questions, Topics and People Add Question Add Question Venture Capital Venture Capital Term Sheets Startups Term Sheets What are examples of good startup term sheets? Ycombinator open source term sheet is a good start for Seed deals. Was hoping to link to just the term sheet.

Term Sheet 41

Term Sheet Startup Angel Investor Wiki 41

Both Sides of the Table

AUGUST 28, 2012

You’re heading into a full partner meeting and you’ve been asked for a full data pack before – should you give it? I have seen some entrepreneurs go into first meetings willing to share almost anything about their company. “We are sharing with you our list of key customers / biz dev partners. The First Meeting.

Technical Review 316

Technical Review Due Diligence Term Sheet Cap Table 316

Startup Professionals Musings

JANUARY 17, 2015

For the elite startups and entrepreneurs who manage to attract the investor they dream of, and survive the term sheet negotiation, there is still one more hurdle before the money is in the bank. Make sure everyone accurately posts their role with your startup on social media profiles, resumes, and references.

Technical Review 120

Technical Review Due Diligence Startup Term Sheet 120

NZ Entrepreneur

AUGUST 4, 2021

And if you’re a high-growth startup looking to get off the ground or expand, it’s likely you’ll need an injection of capital to do that. Byron van Vugt from NZ Growth Capital Partners explains. Lead investors and term sheets. Unless an interesting proposition comes along, try and stick to the terms on the term sheet.

Technical Review 61

Technical Review Software Review Founder Due Diligence 61

Startup Professionals Musings

MARCH 27, 2016

Even though the color of their money is always green, all startup investors are not the same. Struggling entrepreneurs are often so happy to get a funding offer that they neglect the recommended reverse due diligence on the investors. Personally visit another startup funded by this investor. It’s no fun for either side.

Technical Review 120

Technical Review Due Diligence Term Sheet Offshore 120

Both Sides of the Table

DECEMBER 17, 2009

This is part of my new series on what makes an entrepreneur successful. I originally posted it on VentureHacks , one of my favorite websites for entrepreneurs. Ability to Pivot – I don’t like to invest in people that I’ve never met before who come through my office wanting to have a term sheet within 30 days.

Entrepreneur 291

Entrepreneur Term Sheet Early Stage Affiliate 291

Both Sides of the Table

FEBRUARY 14, 2010

Back in November I agreed with Nivi over at VentureHacks to do a series on the ten most important attributes of a successful entrepreneur. Unfortunately, I don’t believe it is perfectly correlated with what it takes to be a successful entrepreneur. Tags: Entrepreneur Advice Start-up Advice Startup Advice.

Technical Review 284

Technical Review Due Diligence Entrepreneur Early Stage 284

Both Sides of the Table

APRIL 19, 2011

I recently sat down with Matt Coffin , the founder of LowerMyBills, which sold for $400 million but was very nearly a bankruptcy only a few years early, and talked “startups.&#. Matt is one of the most transparent, focused & honest startup guys you’ll meet. On Entrepreneurship: What makes a great entrepreneur?

Acquisition 304

Acquisition Warrant Customer Term Sheet 304

View from Seed

APRIL 30, 2015

There’s been a lot of digital ink spilled around the various types of capital available to startups today. As a startup grows, venture debt becomes a viable option to continue that growth. Glen is an active contributor to the local tech ecosystem and well-versed in how and when startups can use venture debt to their advantage.

Term Sheet 120

Term Sheet Equity Startup Seed Stage 120

Both Sides of the Table

OCTOBER 19, 2014

We are often asked how companies get funded, why VCs make the decisions we make and what we’re looking for in entrepreneurs. By September 18th we were ready to bring them to a full partner meeting and as a group we were bought into the vision and the experience of this exact team to pull things off.

Technical Review 373

Technical Review North America Los Angeles Cofounder 373

David Teten

AUGUST 19, 2019

Though RBI will displace some traditional equity VC, its much bigger impact will be to expand the pool of capital available for early-stage entrepreneurs. . However, many industry experts question the accuracy of early-stage market data, given many startups are no longer filing their Form Ds. So what is Revenue Based Investing?

Revenue 60

Revenue Term Sheet Founder Technical Review 60

The Next Web

SEPTEMBER 13, 2013

Thomas Clayton has started and run numerous high-tech startups in Silicon Valley. He is currently CEO of Bubbly , a social media startup backed by Sequoia Capital, SingTel Innov8, and JAFCO. The company is one of the largest VC–backed startups in Southeast Asia, having raised over $60M in funding. Sequoia , Accel , NEA , etc.).

Asia 132

Asia Silicon Valley India Term Sheet 132

Both Sides of the Table

JANUARY 21, 2010

I recently read a post over on VentureHacks titled, “ Top Ten Reasons Entrepreneurs Hate Lawyers &# written by Scott Walker (who blogs on legal issues for entrepreneurs ). I write about some of the lessons in my post on Startup Mistakes. I know that people have an allergy to lawyers out of fear of being screwed.

Southern California 318

Southern California Silicon Valley IP Stock Options 318

Both Sides of the Table

APRIL 13, 2011

There was a lot of consumer internet activity again…resurgence of things, but it was still mysterious, venture capital was still kind of closed, 1st time entrepreneurs had a lot of questions that were unanswered, and there was still some sort of hand waiving around all the financing stuff and so we took it on….”. Is that when it became big?

Technical Review 288

Technical Review Venture Capital Silicon Valley Software Review 288

Agile VC

MAY 26, 2011

AGILEVC My idle thoughts on tech startups. This also appears as a guest post at Fortune’s Term Sheet. Salesforce.com is a startup with 76,000 subscribers (over 2.1M Reid assembled the founding team drawing largely from his prior startups, with a few other folks he’d known for a long time. May 26, 2011.

Term Sheet 178

Term Sheet Silicon Valley Technical Review Social Network 178

David Teten

JANUARY 19, 2021

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. More and more startups are pursuing Revenue-Based VCs , but “RBI” doesn’t fit everyone. Capacity Capital, Greater Colorado Venture Fund, Indie.VC, Reformation Partners, UP Fund, Versatile VC. Of the Inc. 5000 companies, only 6.5% return cap.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Both Sides of the Table

OCTOBER 19, 2009

On December 2nd, 2006 I wrote the blog post published later in this post when I was CEO of startup Koral about my experiences in pitching VCs. I had really positive experiences such as working with Greg Gretsch at Sigma Partners where he championed us to a partners’ meeting where we sort of got crucified.

Venture Capital 274

Venture Capital Term Sheet San Diego Viral 274

YoungUpstarts

OCTOBER 28, 2015

by John Vrionis, partner at Lightspeed Venture Partners. This past summer, the Lightspeed Summer Fellowships program invited selected guests to provide aspiring entrepreneurs a perspective into all aspects of starting a new company. Startups need to understand how to manage the seed money they receive from investors and VCs.

Convertible Security 100

Convertible Security IP Technical Review Software Review 100

ReadWriteStart

SEPTEMBER 2, 2011

While certainly not every business needs to raise venture financing, it is the path for many high-growth technology startups. Therefore, going down the fundraising path is something many technology entrepreneurs will need to do and a critical step in the development of their business. Tip 4: Really Understand Key Terms.

Cap Table 125

Cap Table Term Sheet Liquidation Preference Technical Review 125

The Next Web

APRIL 6, 2013

My daily work consists of connecting innovative A round startups with potential investors or strategic partners. The five suggestions below are designed to help facilitate the investment process which may lead to a more expeditious term sheet and teach entrepreneurs to think more like an investor. Set a limit.

Term Sheet 126

Term Sheet Due Diligence Strategic Investors Valuation 126

Mucker Lab

AUGUST 27, 2014

As an entrepreneur himself, founding and operating printed circuit board factories in Taiwan, my father was debating between two places to immigrate to and build his next new venture: Los Angeles (“The Valley” aka San Fernando Valley) and Santa Clara (“Silicon Valley”).

Los Angeles 138

Los Angeles Southern California Silicon Valley Technical Review 138

View from Seed

SEPTEMBER 4, 2018

As the venture capital industry has evolved, more and more seed investors are passing on traditionally “seed stage” startups because there isn’t enough traction. As seed funds have raised larger and larger funds, more have developed the muscle around issuing term sheets and “leading”. Belief #1: The best time to invest is early.

North America 120

North America Seed Stage Early Stage Lead Investor 120

Both Sides of the Table

AUGUST 8, 2009

Traction can simply mean showing that you’re making progress with customers, product development, channel partners, initial revenue as a proof point, attracting well-known angel investors, winning industry awards / recognition. It’s not required but I have seen this technique be used effectively by entrepreneurs.

Technical Review 309

Technical Review Term Sheet Venture Capital Revenue 309

View from Seed

MAY 17, 2019

There are two distinct chapters to venture fundraising – the first is entrepreneurs pitching their startup to multiple firms to generate interest and ultimately secure a term sheet; then, the period after a term sheet has been signed progressing to close.

Term Sheet 149

Term Sheet Reputation Security Conversion 149

Both Sides of the Table

JANUARY 31, 2011

One of the most common questions that entrepreneurs who meet me for the first time like to ask is, “Do you miss being an entrepreneur? If you’ve taken the roller coaster ride that is a startup – you know what I’m talking about. On Being an Entrepreneur. This post originally appeared on TechCrunch. Long hours.

Entrepreneur 384

Entrepreneur Startup Salary Egypt 384

Tim Keane

MAY 16, 2010

Startups and angels: Along the way to success. A philosophy of valuations and term-sheets. Several months ago, I'd posted an article about term-sheets.  Several months ago, I'd posted an article about term-sheets.  Posted at 05:03 PM in Funding startups | Permalink.

Term Sheet 60

Term Sheet Valuation Wisconsin Angel Investor 60

Both Sides of the Table

MAY 13, 2018

If you truly believe that you, your company and your products are exceptional and your company will be valuable then you’re actually doing them a FAVOR by helping them invest in your startup. If an investor isn’t engaging then they’re not suddenly going to get a term sheet. You can short-hand this as “engagement.”

Term Sheet 332

Term Sheet Due Diligence Campaign Sales 332

Both Sides of the Table

APRIL 25, 2013

I had them at my partners’ meeting the next Monday. We had them a term sheet the same week. She was everything I was looking for in an entrepreneur to back. Didn’t I make myself clear about celebrities & startups ? Turns out she’s done this startup thing before. As are her partners.

Haiti 398

Haiti San Francisco Startup Turkey 398

Hunter Walker

JANUARY 5, 2014

Stage 1 : Either Satya or I are meeting the founders, usually solo, giving them an overview of Homebrew and learning about their startup through direct conversations, using the product (whatever stage it’s at) and doing some background on their industry (if it’s an area new to us). Stage 2 : Here both of us are engaged.

Software Review 103

Software Review Balance Sheet Cofounder Technical Review 103

Both Sides of the Table

MARCH 8, 2018

In 2017 we began inserting an “Inclusion Clause” into our term sheets because we believe that the culture one establishes at the earliest stages of one’s business will set out the course of how it will grow and develop. Many of us had experiences of asking entrepreneurs, “Why are none of our candidates women?”

Term Sheet 284

Term Sheet Los Angeles Open Source Portfolio 284

Austin Startup

JULY 22, 2021

It’s hard to describe in words the palpable energy when a room is this packed full of incredible female entrepreneurs at the Women in Tech Summit at Capital Factory. On October 4th, five technology startup finalists will pitch to a panel of advisors and judges made up of successful investors, entrepreneurs, and industry leaders.

San Antonio 107

San Antonio Dallas Houston Founder 107

Gust

DECEMBER 21, 2011

The Valley produces world-class entrepreneurs, angel investors, venture capitalists and successful high-tech companies – all growing and creating jobs on one relatively small peninsula. Many other communities are entrepreneur-friendly and, by any measure, have the tools in place to spawn new high growth companies.

Silicon Valley 107

Silicon Valley Southern California Tucson Seattle 107

View from Seed

MAY 12, 2015

For entrepreneurs setting out to raise a round of VC financing, with some diligent research, it’s reasonably straightforward to put together a list of target firms to pitch. Yet once the right firms are identified, I believe that the tougher challenge is to determine which partner at these firms to approach. Always think about fit.

Partner 120

Partner Term Sheet Reputation Deal Flow 120

Both Sides of the Table

MARCH 23, 2015

One of the questions we discussed is, “How much capital should a startup raise?” We talked in the full interview about some of Fred’s partners and the role that they play in the firm. When I write about topics that are relevant suddenly anybody with a startup solution in that field will approach us.

Los Angeles 150

Los Angeles Silicon Valley Term Sheet Video 150

Both Sides of the Table

MAY 21, 2018

I was recently with an entrepreneur and talking with him about his fund raising process. I told him, “I know we don’t yet have a term sheet so you feel you need to listen to everybody’s request. But imagine you were expecting two term sheets imminently. link] Another entrepreneur was recently in my office.

Term Sheet 217

Term Sheet Later Stage Demand Email 217

OnlyOnce

OCTOBER 31, 2013

Fred Wilson has been a venture investor and director in Return Path since 2000, first with Flatiron Partners and then with Union Square Ventures. Here are a few tips for ending up with the best long-term partner as an investor. And this is true of any negotiation, not just a term sheet. Selecting Your Investors.

Valuation 133

Valuation Term Sheet B2C Security 133