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Startup CXO: A Field Guide to Scaling Up Your Company’s Critical Functions and Teams

Feld Thoughts

Fred Wilson was his lead investor. I was the lead investor for Veripost. ” So for the deal, investors on both sides converted to common, we split the combined company 55/45, Matt became CEO, and Greg led a new Series A financing into the combined company. I’ve been working with Matt since 2000.

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Startup CXO: A Field Guide to Scaling Up Your Company’s Critical Functions and Teams

Feld Thoughts

Fred Wilson was his lead investor. I was the lead investor for Veripost. ” So for the deal, investors on both sides converted to common, we split the combined company 55/45, Matt became CEO, and Greg led a new Series A financing into the combined company. I’ve been working with Matt since 2000.

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Is @AngelList Syndicates Really Such a Big Deal?

Both Sides of the Table

It’s hard to be a great lead investor . VCs take their time precisely for the reason Fred articulates – they play the role of “lead investor.” lack of traction, lack of downstream financing availability. lack of traction, lack of downstream financing availability. Both are right.

Syndicate 356
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The Importance of Boards

ithacaVC

The Board has to vote on issuing stock, approving the annual budget, setting the company’s strategy, changing the company’s by-laws and certificate of incorporation, selling the company, merging with another company, hiring officers like the CEO, shutting the company down, etc. The list goes on and on. And one gave up prematurely.

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Pitch Deck Month: The “Ask” Slide

View from Seed

To provide relevant perspective, listing past convertible note(s) and/or equity financing(s) including total round size and valuation (caps) is helpful. Also, sharing some flavor (but not necessarily full detailed specifics) of the existing investor-set adds context.

Cap Table 211
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Oh shit, it’s working: How not to snatch defeat from the jaws of victory

This is going to be BIG.

Despite advances in cloud infrastructure, many businesses still have fleshy parts—soft underbellies where a human hand is required to keep quality control, stuff something into a box, order inventory, hire enough engineers to keep the site going or manage cash. Scale brings complexity. If you’re lucky, you realize it in time.

Dilution 104
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When a VC Passes, And Is Wrong: Real Talk Between Me and Ethena’s CEO Roxanne Petraeus

Hunter Walker

And while I passed on leading their seed, I did contribute a smaller amount into the financing, along with three subsequent pro rata/super pro rata investments. Oh and by the way, Ethena is HIRING.