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What type of capital should you raise, and from who?

David Teten

That said, venture capital is just one of many options to finance your business, and it’s typically the most expensive. The first step is to decide the right capital structure for your financing. PGs can be quite daunting to founders because it puts their personal assets, including homes and investment accounts, on the line.

SBIC 60
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Why Governments Don’t Get Startups

Steve Blank

From day one, the founders believe that their vision can change the world. Social entrepreneurs are no less ambitious, passionate, or driven to make an impact than any other type of founder. But unlike scalable startups, their goal is to make the world a better place, not to take market share or to create to wealth for the founders.

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Should your new VC fund use Revenue-Based Investing?

David Teten

Revenue-Based Investing (“RBI”) is a new form of VC financing, distinct from the preferred equity structure most VCs use. RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance.

Revenue 60
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The Secret History of Silicon Valley 12: The Rise of “Risk Capital.

Steve Blank

These IPOs meant that technology companies didn’t have to get acquired to raise money or get their founders and investors liquid. Ampex business took off when Terman introduced Ampex founder Alex Poniatoff to Joseph and Henry McMicking. Interestingly enough, Fred Terman, Dean of Stanford Engineering was tied to all three companies.