Both Sides of the Table

SEPTEMBER 23, 2010

They’re not in search of price fixing or collusion, they’re in search of diligence information about the company. Convertible or equity? That was an important part of our “social proof&# that we had built interesting technology. My assertion was that information flows outside of their process. Cap or warrants?

Entrepreneur 292

Entrepreneur Technical Review Stealth Valuation 292

David Teten

SEPTEMBER 5, 2014

Like many established finance & media companies, GLG knows that the tech startup sector is a growing part of the economy. I’ve also presented at a range of industry conferences on how institutional investors can use professional networks for research , origination , market research , and value creation.

New York 114

New York Technical Review Networking Advisory Board 114

Pascal's View

JULY 9, 2017

Andrew Krowne and I recently co-wrote an article in Tech Crunch , Why SAFE Notes Are Not Safe for Entrepreneurs. At its core, this issue points to the lack of understanding about the importance of post-money valuation by both entrepreneurs and investors. Many entrepreneurs lose track of what they have been cooking up in the cap table.

Post-Money Valuation 49

Post-Money Valuation Valuation Cap Table Covenant 49

This is going to be BIG.

FEBRUARY 27, 2011

This is where your business starts to incur real costs—but it’s also where entrepreneurs don’t like to be short term “sellers” of their equity. They’re hesitant to raise money—selling equity to investors—when things look great. So what happens?

Dilution 104

Dilution Equity Hiring Partner 104

VC Adventure

MAY 21, 2014

A few months ago AngelList announced Syndicates - enabling investors on AngelList to create fund-like groups of investors to invest together in AngelList companies (following a single lead investor). The request for intros are often investors who do more diligence about the investment.

Syndicate 93

Syndicate Syndication Technical Review Due Diligence 93

VC Adventure

MAY 21, 2014

A few months ago AngelList announced Syndicates – enabling investors on AngelList to create fund-like groups of investors to invest together in AngelList companies (following a single lead investor). The request for intros are often investors who do more diligence about the investment.

Syndicate 48

Syndicate Syndication Technical Review Due Diligence 48

www.paulgraham.com

OCTOBER 23, 2010

If we assumethe average startup runs for 6 years and a partner can bear to beon 12 boards at once, then a VC fund can do 2 series A deals perpartner per year. Angels In the big angel rounds that increasingly compete with series Arounds, the investors wont take as much equity as VCs do now. The stickingpoint is board seats.

Startup 93

Startup Valuation Non-Compete Deal Flow 93

Startup Lessons Learned

JUNE 9, 2020

A complete collapse of revenue that simultaneously affects your employees and your customers, your partners, your investors, everyone all at once and all the news is bad. Your customers and your investors like partners? Eric Ries : You're not like a lot of other tech folks. 8:22) On how crisis reveals character. (9:11)

Silicon Valley 60

Silicon Valley Hosting Cofounder Employee 60