Up and Running

DECEMBER 8, 2021

A wiser strategy—especially for key revenue-potential products—includes a portfolio of patents protecting the product’s various unique functionalities and component parts. Proper alignment between the patent portfolio and revenue is financially savvy. Securing the essential European hubs, (i.e., Thinking long-term.

Technical Review 88

Technical Review Portfolio Startup Intellectual Property 88

VC Cafe

APRIL 29, 2020

The Israeli Innovation Authority (IIA) announced last week an immediate infusion of NIS 500 million (approximately $141 million) to qualifying startups (significant IP, previous funding) and less than 12 months of runway. Source: NVCA , “Startup Ecosystem Faces Capital Crunch over Coming Months” USA – SBA Loans and PPP.

SBA 124

SBA Technical Review Startup 124

Berkonomics

DECEMBER 20, 2018

Since I am a proponent of using equity as a tool and he is so much opposed, this week it is his turn to make the case. The license to use your IP can be in the form of a one-time payment or structured as a continuing fee. If a continuing fee, the license could be based upon units of the product incorporating your IP.

IP 48

IP Intellectual Property Investment Bankers Product 48

Berkonomics

DECEMBER 20, 2018

Since I am a proponent of using equity as a tool and he is so much opposed, this week it is his turn to make the case. The license to use your IP can be in the form of a one-time payment or structured as a continuing fee. If a continuing fee, the license could be based upon units of the product incorporating your IP.

IP 54

IP Intellectual Property Investment Bankers Product 54

Steve Blank

MAY 17, 2022

Instead of building a model from scratch you can now buy , for common machine learning tasks, pretrained models from others and here , much like chip designers buying IP Cores.). IP (Intellectual Property) Vendors Also Offer AI Accelerators. IP (Intellectual Property) Vendors Also Offer AI Accelerators.

Artificial Inteligence 417

Artificial Inteligence Software Review Algorithm Technical Review 417

NZ Entrepreneur

SEPTEMBER 29, 2021

Addressing real world problems, they thrive in uncertainty, generating new jobs and new revenue streams in new markets. Remuneration will reflect the stage of the startup but it’s generally at a rate of about $500-1000 a meeting or directors might be paid in equity at about 0.5-0.75% This equity will vest over 2-3 years.

Technical Review 88

Technical Review Software Review New Zealand Due Diligence 88

Scott Edward Walker

SEPTEMBER 28, 2011

And if the departing founder has a huge chunk of equity, it is unlikely that the company will find many sophisticated angels or VC’s interested in investing. IP Ownership. You must confirm that none of the founders’ prior employers has any rights to the venture’s IP because he or she was “moonlighting” while previously employed.

Vesting 89

Vesting Software Review IP Intellectual Property 89

Both Sides of the Table

OCTOBER 17, 2019

Invoca is now doing 10s of millions in recurring revenue and is growing > 75% year-over-year but it took the first 3 years to really build out the technology and acquire our initial enterprise clients. I mentioned that we sold our position in Kyriba for > $1 billion but when we invested it had virtually no revenue.

IP 223

IP Intellectual Property IRR Cofounder 223

Version One Ventures

OCTOBER 15, 2020

Given these key advantages, I believe that Lightning (or something like it) will ultimately eat all of the USD payment networks and create the foundation for MoIP (Money over IP). . And >40% of that revenue is coming from in-game purchases. The app could then take a small % of all revenue from “paid” messages.

Networking 168

Networking Global OTC Security 168

Hearpreneur

MARCH 4, 2022

Thanks to Adam Wood, Revenue Geeks ! #16- Thanks to Lauren Edwards-Williams, Legend IP Consulting ! #26- There are obstacles but being known as someone who is leading the way for a firm and others associated in that company is a tremendous ego stroke. 16- Helping people. Photo Credit: Isaac Robertson. 26- Personal growth.

Entrepreneur 125

Entrepreneur Technical Review Restful Colorado 125

VC Cafe

NOVEMBER 3, 2010

“Carriers are moving rapidly to IP-based mobile backhaul, and Wintegra’s product offering is uniquely positioned to enable this packet transition and breakthrough the bandwidth bottlenecks faced in mobile networks,&# said Greg Lang, president and chief executive officer of PMC-Sierra. In 2009 it boasted revenue of $4.49

Bandwidth 79

Bandwidth Framework Forecast 79

Scott Edward Walker

NOVEMBER 2, 2011

Button-down IP ownership and assignment issues (see post here ). Split the equity based on prior contributions and expectations going forward, not necessarily equally (see post here ). Incorporate in Delaware and qualify the company to do business in the state in which its principal office is located (see #2 here ).

Accredited Investor 111

Accredited Investor Stock Options Delaware Silicon Valley 111

Both Sides of the Table

SEPTEMBER 18, 2014

Revenue multiple? “But lawyers will charge much more for equity.” Try doing THAT with equity. How will you price the next round? Your A round? Him: On metrics. We’ll have some proof points by then. What proof points? How will the lead determine a value? EBITDA multiple? Cashflow projections? I’m not sure.

Venture Capital 417

Venture Capital Liquidation Preference Valuation Term Sheet 417

infochachkie.com

SEPTEMBER 24, 2011

Instead of hearing from your long lost third-cousin, you will be inundated with an avalanche of ‘congratulatory’ emails, calls and letters from people who want to relieve you of the burden of your hard-earned equity round. Many such ‘congratulations’ will come from consultants. Performance-based deals are healthy for all parties.

Equity 40

Equity Silicon Valley Cofounder PR 40

Both Sides of the Table

APRIL 25, 2011

A great recent example of this was a successful group of entrepreneurs who had created a company that will do $10-12 million in revenue at their system integration business (read: services business) in 2011 after having done $5 million or so in 2010 and $2-3 million in 2009. You own the IP you create.

Silicon Valley 332

Silicon Valley IP Dividend Finance 332

Scalable Startup

MARCH 7, 2012

Investor groups are cutting out the management, bus dev, sales, and marketing professionals, trying to get raw, young engineering teams that have never negotiated a term sheet to give away their IP rights and equity for next to nothing. Some of these projects will produce amazing companies. Long term employment, new jobs.

Software Review 26

Software Review Technical Review Los Angeles Due Diligence 26

Both Sides of the Table

JULY 10, 2010

Michael is a very accomplished corporate executive in his own right having run Sega Gameworks and helped IPO EuroDisney as well as having been on the founding team of DreamWorks SKG (where he helped them raise their first $900 million in equity). Company generates revenue via premium accounts, targeted ads and transaction commission.

IPO 242

IPO Venture Capital Private Placement Cofounder 242

Austin Startup

AUGUST 20, 2017

They’re looking to be paid properly in the context of the overall salary structure, including cash, benefits, and equity, and to be paid commensurate with performance. I am very surprised when that cool thing actually meets a customer need or drives revenue. What will most upset them is what they perceive as unfair treatment.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

Up and Running

SEPTEMBER 26, 2016

Banks will loan to startups that have access to the pockets of institutional investors, like a well-known VC firm, or that are generating a certain amount of revenue that will foolproof their investment. If you’re generating a lot of revenue, you can get incredibly low-interest rates. The downsides of venture debt? No, it’s not.

Covenant 60

Covenant Institutional Investors Balance Sheet Warrant 60

grasshopperherder.com

SEPTEMBER 24, 2011

Piercing the Corporate Veil – Sweat Equity Consulting. But much like becoming a co-founder, getting paid sweat equity is essentially becoming an investor in the company. I think it’s difficult, if not impossible, to value a pre-revenue company with any reasonable accuracy. GrasshopperHerder.com. • ABOUT.

Sweat Equity 41

Sweat Equity Equity Cofounder Non-Compete 41

Gust

DECEMBER 8, 2011

Readers can anticipate my next point in continuing the analogy: It makes no more sense for a non-lawyer to prepare fundamental legal, governance, equity and intellectual property documents than it would for a patient to self-diagnose and begin taking prescription-strength antibiotics or other medications. Newco, Inc.”) Newco, Inc.”)

Intellectual Property 139

Intellectual Property Non-disclosure Agreement Delaware Stock 139

Feld Thoughts

JULY 31, 2013

Today, Zayo has eclipsed $1.1Bin revenue and $600M in EBITDA, leading to an estimated Enterprise Value in the vicinity of $6B. By the time we sold to Level 3, our total proceeds to equity owners and management were $225M. of debt and $870M in equity in three rounds. Our equity IRR has averaged around 50% since inception.

Bandwidth 147

Bandwidth Colorado Startup IRR 147

Startup Lessons Learned

JULY 15, 2020

That's why the Corona Initiative is a Public Benefit Corporation--a for-profit company dedicated to the public good that aims to fund its research with its revenues. Before venture, equity financing was seen as a pretty unfriendly business. These corporate raiders, and these leverage buyouts and this private equity hatchet bin.

Technical Review 68

Technical Review Software Review Finance San Francisco 68

Scott Edward Walker

OCTOBER 27, 2015

Button-down IP ownership and assignment issues (see post here ). Split the equity based on prior contributions and expectations going forward, not necessarily equally (see post here ). We charge a flat fee of $2,000, plus filing fees, for up to three co-founders and it includes unlimited phone calls and emails.

Intellectual Property 40

Intellectual Property Accredited Investor Vesting Delaware 40

Hippoland

FEBRUARY 7, 2016

lifetime value] [How much revenue are you making and how has this changed over the last few months? Is there any special tech or IP here? [in Are they paying? If so how much? How frequently are customers buying / using? [Or Or churning] How much does it cost to get a customer? What is a customer worth? What are your margins?] [How

Burn Rate 48

Burn Rate IP Cofounder Differentiation 48

ConversionXL

FEBRUARY 25, 2016

Bunting worked with At Home In The Country to add personalized product recommendations to their site, which resulted in a… 13% increase in revenue. The onboarding process brought more people to the core value, thus increasing revenue and improving retention. 3% increase in average visit duration. increase in conversions.

Web 48

Web Software Review Jordan Technical Review 48

Hearpreneur

OCTOBER 20, 2019

It could be more revenue, hiring clients or launching a new product or service, where setting goals presents a fresh opportunity to achieve different objectives. 8- Stop counterfeiting and IP infringement globally. Have a goal that’s third parties think is impossible? Thanks to Edgar Radjabli, Loan Doctor ! #8-

Papua New Guinea 65

Papua New Guinea Hawaii Advisory Board Churn Rate 65

Agile VC

AUGUST 1, 2012

About 6-12 months ago you could hardly throw a rock in the startup ecosystem without hitting a VC expressing their enthusiasm for “mobile” Now the frenzy about mobile has extended into the mass media and public equity markets, though with trepidation as often as excitement. productivity – Evernote).

Mobile 160

Mobile Advertising Bandwidth Web 160

ConversionXL

JUNE 2, 2022

In this article, you’ll learn how to define your ABM strategy so you can target the right accounts and increase your revenue. Think of it as a filter that helps you find the highest chance of return on investment, revenue potential, and profitability. Cloud-based data warehouse Snowflake had an ambitious goal to triple its revenue.

Customer 98

Customer Marketing Channel Acquisition 98

Tim Keane

JANUARY 12, 2010

The investors and the entrepreneurs are – or should be – aware that the price of the company’s equity is set by the market – in simplest terms, what an informed buyer is willing to pay.   Note that this applies only to earl stage Series A-type equity financings and assumes no cash dividends are paid to investors.

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

Gust

SEPTEMBER 17, 2014

Revenue multiple? But lawyers will charge much more for equity.” Try doing THAT with equity. How will you price the next round? Your A round? Him: On metrics. We’ll have some proof points by then. What proof points? How will the lead determine a value? EBITDA multiple? Cashflow projections? I’m not sure. And so forth.

Liquidation Preference 153

Liquidation Preference Valuation Term Sheet Stock 153

maplebutter.com

JANUARY 8, 2013

I would focus on one product and set a goal to generate $1M in yearly revenue from it. Outsourcing is something a big company, with a known customer / problem (that has revenue & traction) does to save cost. I have a proposal written up including full cost and revenue projections. Once you’ve done that – then. 5% I believe.

Technical Review 44

Technical Review Startup Cofounder Software Review 44

blog.simeonov.com

FEBRUARY 22, 2010

It outlines key points of agreement between founders around IP ownership, equity ownership, vesting, etc. For example, without a clear vehicle (a company) to contribute intellectual property into, a founder who walks away may mean that the future company won’t own its own IP. Some get common equity for their investment.

Founder 44

Founder Vesting Agile Startup 44

www.readwriteweb.com

OCTOBER 7, 2007

But when done well it can really help get a company going fast, professionally and without the founders having to give up much (if any) equity - or bankrupting themselves. The founders may believe they are onto such a good idea that they don’t want to give up any equity. To keep the equity we out-sourced.

Bootstrapping 41

Bootstrapping Offshore Startup EC2 41

Steve Blank

MAY 4, 2009

But without sales there is no revenue, and without revenue there is no company. All the strategic thinking in the world won’t make up for a missed revenue plan. If sales revenue and profits are high enough, we could take the company public or sell it, and the stock would be worth more than the paper it was printed on.

Silicon Valley 126

Silicon Valley RSS Non-Compete California 126

Both Sides of the Table

MAY 5, 2011

A key deal not only helps you raise venture capital but it can help attract employees, garner press attention, help with product focus & importantly drive customer adoption and/or revenue. They’re doing stuff – just not enough. Seattle has its patrons. The neurons aren’t connecting to the startups. Elder Statesmen.

Seattle 317

Seattle Silicon Valley Technical Review Los Angeles 317

www.currentlyobsessed.com

MAY 28, 2010

The net effect was more money raised, higher valuation and the same percentage of equity sold. In one particular negotiation, we went from one valuation to a much higher valuation (like double) in the course of a single day and two phone calls, simply by discussing the “what if&# scenario about increasing the total amount raised.

Valuation 42

Valuation Channel Pre-Money Valuation Term Sheet 42