Both Sides of the Table
SEPTEMBER 25, 2010
When I first read Paul Graham’s blog post on “High Resolution&# Financing I read it as a treatise arguing that convertible notes are better than equity. As I’m generally a believer in ‘pricing rounds’ I initially didn’t agree with the premise of the post. Photo credit: D. rings true to me.
View from Seed
MARCH 24, 2021
Free Template for Great Startup Pitch Decks, Direct from VCs. How to Sell Your Startup’s “Secret” Master Plan at the Seed Stage “Articulating and selling your long run vision is important, but trying to convince those that are deeply skeptical about it is simply a mutual waste of time.” Happy reading!
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Both Sides of the Table
JUNE 5, 2011
2 preamble issues having read the comments on TC today: 1: I know that the prices of startup companies is much great in Silicon Valley than in smaller towns / less tech focused areas in the US and the US prices higher than many foreign markets. That’s the deal you get when you’re raising in a good market for startup financing.
Pascal's View
JULY 9, 2017
This is a fundamental issue that does, indeed, boil down to understanding the post-money valuation of a company. At its core, this issue points to the lack of understanding about the importance of post-money valuation by both entrepreneurs and investors. It will be worth the time and effort. Sound simple?
Both Sides of the Table
OCTOBER 12, 2014
New investors sometimes want early investors to put in money to “prove” they have confidence in the new price. In the old days there weren’t many fights about whether angels would take their prorata rights in financing rounds. Fundraising / Negotiations Startup Lessons VC Industry' Thus begins the dance.
www.mint.com
MARCH 9, 2010
If you are considering working at a startup, you should ask these questions. What is the post-money valuation of your last round? Post-money valuation” is the value of the company after the last round of money was put in (again, lines of credit and promises don’t count).
Both Sides of the Table
JUNE 5, 2015
Over the years I’ve written extensively about the downsides of convertible notes for startups such as here , here and here. It’s worth reading his post to understand the problem. In the old days VCs funded off of a “pre-money” valuation. So how DOES a VC think about financings at early stages?
Expert insights. Personalized for you.
286 
Let's personalize your content