David Teten

JANUARY 19, 2021

Part of the magic of revenue-based financing is how historical performance and strong, achievable financial projections are ultimately the backbone of how RBI/RBF investment decisions are made.” Mezzanine lending (a rough comparable) has a 18-23% required rate of return. No investor return is guaranteed in a company failure scenario.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Startup Professionals Musings

SEPTEMBER 13, 2017

Very few startups are cash-rich enough to self-finance aggressive second-stage growth. They need a large infusion from venture capitalists, private equity, bank loans, or mezzanine financing. I like the ten steps he outlines, which I characterize here as follows: Seek major capital infusion. There is no free lunch.

Mezzanine 141

Mezzanine Private Equity Startup Bandwidth 141

Startup Professionals Musings

NOVEMBER 3, 2013

Very few startups are cash-rich enough to self-finance aggressive second-stage growth. They need a large infusion from venture capitalists, private equity, bank loans, or mezzanine financing. I like the ten steps he defines, which I can summarize here as follows: Seek major capital infusion. There is no free lunch.

Mezzanine 240

Mezzanine Private Equity Bandwidth Metrics 240

Growthink Blog

MAY 10, 2012

Mezzanine Financing Most companies that raise equity capital and are eventually acquired or go public receive multiple rounds of financing first. No right or wrong answer here, but if this is your vision then it's important to consider when negotiating deal terms on earlier stage financing rounds. Seed Funding 3.

Equity 88

Equity Mezzanine Later Stage Venture Capital 88

Startup Professionals Musings

FEBRUARY 4, 2015

Very few startups are cash-rich enough to self-finance aggressive second-stage growth. They need a large infusion from venture capitalists, private equity, bank loans, or mezzanine financing. I like the ten steps he outlines, which I characterize here as follows: Seek major capital infusion. There is no free lunch.

Mezzanine 120

Mezzanine Private Equity Startup Bandwidth 120

Up and Running

JUNE 16, 2011

Whatever the reason, it’s nice to know you have options when it comes to financing the growth of your business. Traditional banks, government programs, credit unions, micro-lenders, and mezzanine funds all have initiatives to help businesses at all stages of development. Gifted funds from family and friends.

Finance 76

Finance Mezzanine Equity Vesting 76

K9 Ventures

APRIL 9, 2014

Seed is not the first round of financing any more. Series C/D is the new Mezzanine. Opinion VC Mezzanine pre-seed seed Series A Series B Series C venture capital venture landscape Venture Spiral' A Series B round used to be $10M-$15M, now it’s… well, you get the picture. Welcome to the new venture landscape!

Mezzanine 134

Mezzanine Seed Stage Early Stage IPO 134

VC Cafe

NOVEMBER 28, 2010

There are five typical types of financing in the Israeli private equity arena: (1)buyout- One buyout deal valued at $75 million represented 27 percent of the aggregate deal value in Q3 2010, which compares with $48 million or 33 percent in Q2 2010 and $6 million or 3 percent in Q3 2009. (2)mezzanine

Private Equity 100

Private Equity Equity Mezzanine 100

VC Cafe

MAY 4, 2011

One mezzanine financing accounted for $36 million or 17 percent of aggregate deal value, compared to $68 million (three deals) or 8 percent in the previous quarter, and $63 million (one deal) or 6 percent in Q1 2010.

Private Equity 99

Private Equity Equity Mezzanine 99

K9 Ventures

OCTOBER 10, 2017

This post is intended to be a dynamic document, and I will attempt to update it from time to time with new questions that may arise or as financing trends evolve. Q: What amount of financing is considered Pre-Seed? It’s a legitimate stage of financing in the venture eco-system as of this writing (October 2017).

Seed Stage 82

Seed Stage Finance Later Stage Equity 82

VC Cafe

JULY 20, 2010

13% of respondents believe this gap to be in Mezzanine financing and no venture capitalist believes that there is no investment gap. Only 60% of respondents claimed deal flow activity will increase, in comparison to 72% in previous quarter. 77% of venture capitalists believe the gap is in Seed and First Round.

Mezzanine 92

Mezzanine Venture Capital IPO 92

techcrunch.com

FEBRUARY 19, 2010

Tweet View Comments Sarah Lacy Feb 19, 2010 Pepperdine has a new study out that attempts to shed some light on the clubby, shadowy world of private finance. Researchers polled experts in lending, mezzanine capital, private equity, venture capital and private businesses themselves. A few more stats make that picture look worse.

Venture Capital 62

Venture Capital Technical Review Sweat Equity Valuation 62

Scalable Startup

OCTOBER 26, 2011

The second round can also be a mezzanine, or pre-IPO round, or even the IPO itself. In one scenario in my career I was with a company that had taken only one round of equity financing. Meritech Capital Partners. Founders Fund. source: Crunchbase.

Mezzanine 22

Mezzanine Due Diligence IPO Angel Investor 22

Seeing Both Sides

JANUARY 13, 2015

Financing: holy crap - we are running out of money in 6 months! Financing: The "hopes and dreams" financing stage is over. Financing: Is our market big enough to support another round (which puts the exit bar even higher)? Financing: Do we have the metrics to support a growth or mezzanine round?

Mezzanine 20

Mezzanine IPO Finance Business Model 20

Professor VC

SEPTEMBER 24, 2009

One other chart worth noting is the the expected returns from various private capital providers (Banks, Asset based lenders, Mezzanine, Private Equity and VC). I take CFO roles in early stage companies and participate on the management team during the early financings and business model development phases. Back to the survey.

San Jose 33

San Jose Angel Investor Venture Capital Mezzanine 33

Both Sides of the Table

JUNE 29, 2011

I believe some VCs have entered the early-stage market as simply an option on future financing rounds. As some of the last generation of startups have gotten bigger many VCs have also chased later-stage investments that were traditionally dominated by growth equity or mezzanine funds. But obviously I’m biased.

Venture Capital 296

Venture Capital Software LP Early Stage 296