Startup Company Lawyer

MARCH 14, 2010

After the recent announcement of the Series Seed Financing documents by Marc Andreesen, Brad Feld points out that there are now four sets of “open source&# equity seed financing documents: TechStars Model Seed Funding Documents (by Cooley). Y Combinator Series AA Equity Financing Documents (by WSGR).

Finance 70

Finance Software Review Term Sheet Liquidation Preference 70

www.seriesseed.com

DECEMBER 9, 2012

Series Seed Financing Documents Blog. « About the Series Seed Documents | Main. Series Seed Financing Documents. Please note, these are the latest versions of the Series Seed Documents.    Series Seed COI (v 2.0). Series Seed IRA (v 2.0). .  SeriesSeed.com.

Finance 40

Finance Term Sheet Vesting LLC 40

Both Sides of the Table

MAY 19, 2013

I have a very public seed stage investment policy and awe.sm Yet with major advances in our product infrastructure we still hadn’t proven we could scale sales. To watching Fred lead our sales, marketing and implementation efforts and driving the recruiting & financing of the company. ” So true.

Technical Review 303

Technical Review Cofounder Analytics Founder 303

This is going to be BIG.

AUGUST 22, 2012

Let’s start out with the basic functions of a tech company: 1) Engineering 2) Marketing 3) Sales 4) Business development 5) PR 6) Design 7) Product Management 8) HR 9) Operations 10) Finance Ok, that's just overwhelming. Let’s take sales and business development. Ready to start simplifying? The last two are pretty basic.

PR 132

PR Technical Review Seed Stage Design 132

Feld Thoughts

DECEMBER 15, 2016

We were talking about current and future board configuration for his company and he said “Up until this point, all my board seats were simply for sale. ” I loved the phrase “board seat for sale.” In pre-seed and seed stage companies, there’s been a trend against having board of directors.

Sales 70

Sales Seed Stage Early Stage Finance 70

David Teten

JULY 10, 2019

Briefly, we think there’s a substantial market for a business which helps enterprises to execute initiatives which require coordination across diverse stakeholders, e.g., make a large sale to a critical client, or lobby for a change in regulation. This work is unpaid, as with any other startup at the pre-seed stage.

America 60

America Technical Review Advisory Board Due Diligence 60

Rob Go

JULY 29, 2014

But we think they are important even at the seed stage of a business. We tend to suggest that seed stage companies convene with their board ever 6-8 weeks. This is the reason why you should really be careful about picking the right investor and board member, not just maximizing terms on a financing round.

Seed Stage 65

Seed Stage Government Founder Finance 65

Gust

SEPTEMBER 5, 2012

How to finance a new seed-stage startup? ” Ressi in particular seems to be passionate about removing the “debt” component from convertible debt seed financing transactions. .” A convertible note financing is not a loan in the conventional sense. Convertible debt?

Finance 134

Finance Convertible Security Equity Seed Stage 134

View from Seed

SEPTEMBER 25, 2019

*This post is part of our “pitch deck” series where we dissect the seed stage pitch deck and discuss the ideal flow for a pitch. Investors want to know the critical thinking behind the inputs and value-drivers of the business, and how that results in the outputs on the critical metrics and finances.

Seed Stage 166

Seed Stage Retention Restful Valuation 166

SiliconHills

JUNE 4, 2019

Austin-based Skills Fund, a financing platform for bootcamps and tech skill training schools, announced Tuesday that it has been acquired by San Diego, Calif.-based The acquisition was an all cash deal but the sales price was not disclosed. million in seed stage funding. “We based Goal Structured Solutions.

San Diego 73

San Diego Austin Seed Stage Acquisition 73

David Teten

JANUARY 19, 2021

Seed-stage compatible: Like traditional equity VC investors, Flexible VCs accomodate early-stage investment risk within their portfolios better than a traditional RBI funder. Typically stable, high margins; repeatable sales model; clear path to profitability; and high growth potential. Typical business model.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Startup Company Lawyer

AUGUST 31, 2012

One major concern about convertible debt is that it eventually needs to be repaid if another round of financing doesn’t occur. ” If the company didn’t raise a round of financing, the convertible debt would convert into the last round of financing (i.e. Series A) or have to be repaid.

Convertible Security 73

Convertible Security Equity Security Preferred Stock 73

Women Entrepreneurs Can

NOVEMBER 19, 2022

These firms can provide various services, including financing and business advice. They can also help you develop your product and sales channels. Pre-Seed Investments. Investing in a startup at the pre-seed stage is a great way to get in early on to the next big thing. They may also provide a mentorship network.

Venture Capital 52

Venture Capital Early Stage Liquidity Event SEC 52

The Next Web

FEBRUARY 27, 2014

This is typically in conjunction with an upcoming financing or pending takeover offer. A competitive commodity business, or a “me too” story , will be less demanded, and hence, will require a lower valuation to close your financing. Freshman are a piece of paper to beta site (bootstrap financed—raise $50K to $500K).

Valuation 167

Valuation Forecast Seed Stage .Net 167

This is going to be BIG.

MARCH 16, 2020

As a seed stage investor, I know the math. Some key existings who didn’t want to see their prior money get lost wouldn’t budge on a dilutive financing, despite the fact that they knew where we were headed. Half the companies I invest in won’t provide a financial return. The answer, unfortunately, was to declare bankruptcy.

Bankruptcy 95

Bankruptcy Private Equity Seed Stage Dilution 95

YoungUpstarts

SEPTEMBER 4, 2017

Perhaps you know a Marketer, a Developer or Sales Manager that could fill a gap in one of the startups you back. Chances are if things are going good (or even not so good) those early stage startups you were so passionate about 12 or 18 months ago will be coming to the market again asking for more money. What could be improved?

Pre-Money Valuation 187

Pre-Money Valuation Seed Stage IP Deal Flow 187

Genuine VC

SEPTEMBER 30, 2013

We’ve observed it repeatedly in our portfolio as Founder/CEOs seek additional rounds of financing: the engaged skeptics just never quite get there, but the entrepreneurs who cast the nets wide enough find someone who believes. I’ve seen both outcomes in a prolonged “believer” search.

Search 143

Search Seed Stage Forecast .Net 143

VC Adventure

APRIL 18, 2019

And most major investors will also require annual audits (we sometimes waive this for seed stage companies, although even then it can make sense). There’s convenience to this for startups – especially with limited finance staff – but as you grow it’s more typical to use a different firm for audit and tax.

Seed Stage 83

Seed Stage Portfolio Revenue Finance 83

YoungUpstarts

JANUARY 6, 2014

I like to think that our generation’s digital skills are replacing the startup’s traditional hunt for capital – all we need is a good idea, our team specs it out to make it sell, and we self-finance each company off its own cash flow. This isn’t the first time that we’ve set new standards for an entrenched market, nor will it be the last.

San Francisco 154

San Francisco Business Model Silicon Valley Coder 154

Gust

NOVEMBER 4, 2011

Entrepreneurs and investors who have spent any time dealing with convertible debt seed financing transactions are likely to have encountered the subject of valuation caps. The cap is irrelevant if the next equity financing is at a valuation below the cap amount.) was spun out, and the valuation was set by that financing round.

Valuation 98

Valuation Pre-Money Valuation Merger Vesting 98

Both Sides of the Table

SEPTEMBER 5, 2012

Was Paul Graham right in his “high resolution” financing post? ” And some seed stage investors told me, “I prefer not to fight over price now. Nobody I know accepts multiple liquidation preferences in early-stage deals. And every seed stage VC tells me they don’t ever even ask for them.

Ratchet 354

Ratchet Liquidation Preference Equity Stock 354

BeyondVC

FEBRUARY 12, 2014

BOLDstart helps founders at the seed stage accelerate their growth from idea/ alpha phase to product market fit and successful Series A round. helps founders at the seed stage accelerate their growth from idea/ alpha phase to product market fit and successful Series A round”.

Seed Stage 110

Seed Stage Agile Viral API 110

www.seriesseed.com

MARCH 2, 2010

SeriesSeed.com Series Seed Financing Documents Blog Home Documents Blog Archives Subscribe 09/02/2010 Version 2.0 and why Series Seed Documents are better than capped convertible notes “First they ignore you.   That’s because there are not that many issues to negotiate in a simple equity financing. Then you win.”

Finance 58

Finance Term Sheet Equity Aggregator 58

Steve Blank

APRIL 13, 2013

If it’s driven by profit then the ecosystem needs both entrepreneurs as well as Venture Finance. Several VC’s mentioned that there’s a funding gap for seed stage investments. The Angel/Seed network in Beijing feels fragmented and mostly inexperienced (as are a good number of the China VC’s). innovation in the U.S.

Silicon Valley 276

Silicon Valley China Venture Capital Merger 276

K9 Ventures

MARCH 23, 2011

There has been a lot of noise in the Valley lately about how most seed stage deals are now being done as convertible notes. The convertible note was really intended as an instrument for a “bridge financing” – when an equity round was imminent, and likely to occur, but the company needed some money in between.

Pre-Money Valuation 132

Pre-Money Valuation Valuation Equity Liquidation Preference 132

View from Seed

FEBRUARY 9, 2016

At seed-stage startups, especially companies with well-networked founders and investors, finding applicants who can do a job on paper is not overly difficult. What he’s trying to learn: To paraphrase Randy Komisar: It’s the romance, not the finance, that makes entrepreneurship and startups worthwhile. Built in Boston.).

Founder 120

Founder Seed Stage Cofounder Boston 120

Steve Blank

APRIL 13, 2013

If it’s driven by profit then the ecosystem needs both entrepreneurs as well as Venture Finance. Several VC’s mentioned that there’s a funding gap for seed stage investments. The Angel/Seed network in Beijing feels fragmented and mostly inexperienced (as are a good number of the China VC’s). innovation in the U.S.

Silicon Valley 168

Silicon Valley China Venture Capital Merger 168

Steve Blank

FEBRUARY 26, 2020

Step 2: The Seed round – you raise $1-$3M (in some cases even $2-5M). Btw, the definition of each startup financing stage has changed in the last decade. What was a Series A round in 2005 is now a pre-seed or seed round. And what used to be a seed round a decade ago is now a pre-seed round.

Cofounder 433

Cofounder Seed Stage Valuation Metrics 433

Both Sides of the Table

DECEMBER 13, 2010

During the down market they were able to double down on recruiting, sales, outsourcing, new market entries and marketing (yes, with Tiger ads ). “Reality is, at the seed stage, most rocketships look more like the cardboard variety you’d make as a kid than something NASA developed.

Turkey 302

Turkey Differentiation IP Technical Review 302

Startup Lessons Learned

JULY 15, 2020

Robert and I talked about how it's working, the science of pseudoviruses and reporter genes, how his father's example in science and business set him on his path, and how to bridge the gap between science and finance. I think there's also a reflexive skepticism of bringing in concepts frankly from finance.

Technical Review 68

Technical Review Software Review Finance San Francisco 68

VC Cafe

JANUARY 24, 2012

Reports on the drop of local VC financing in Israel don’t tell the whole story. Mid and later stage companies attracted $1.48 Seed stage companies attracted 5%, a slight increase from 3% in 2010, and Early stage companies accounted for 26% of the investment, down from 35% in 2010 and 29% in 2009.

Technical Review 111

Technical Review IPO Seed Stage 111

K9 Ventures

JULY 21, 2016

And 2 seed stage companies that haven’t launched yet. This introduces new risks in terms of forecasting, financing, and logistics. Financing/Forecasting: Financing a hardware company has it’s own challenges. Few investors will look at hardware companies for venture financing.

Software Review 48

Software Review Forecast Portfolio Distribution 48

VC Cafe

JANUARY 24, 2012

Reports on the drop of local VC financing in Israel don’t tell the whole story. Mid and later stage companies attracted $1.48 Seed stage companies attracted 5%, a slight increase from 3% in 2010, and Early stage companies accounted for 26% of the investment, down from 35% in 2010 and 29% in 2009.

Technical Review 60

Technical Review IPO Seed Stage 60

Austin Startup

MAY 19, 2018

The bottom line is that being a seed stage founder is mostly a very thankless job. A good CEO is likely a sales person by nature. Don’t b t a b r CEOs are sales people. Many VCs have backgrounds in finance. There is no such thing as “not right now” there is just “yes” and “no”. 90% of what we sell is a vision.

Founder 75

Founder Early Stage Software Review Deal Flow 75

VC Cafe

NOVEMBER 15, 2010

million Series B financing round led by Carmel Ventures with follow-on investment from existing investors Baytech Ventures (Germany). The investment will be used to expand sales and marketing activities in the US. RealMatch , a revolutionary Ad Network for e-recruiting, today announced it closed a $4.7 Calcalist Hebrew ].

Technical Review 79

Technical Review Matching Venture Capital 79

VC Cafe

NOVEMBER 15, 2010

million Series B financing round led by Carmel Ventures with follow-on investment from existing investors Baytech Ventures (Germany). The investment will be used to expand sales and marketing activities in the US. RealMatch , a revolutionary Ad Network for e-recruiting, today announced it closed a $4.7 Calcalist Hebrew ].

Technical Review 79

Technical Review Matching Venture Capital 79

VC Cafe

NOVEMBER 15, 2010

million Series B financing round led by Carmel Ventures with follow-on investment from existing investors Baytech Ventures (Germany). The investment will be used to expand sales and marketing activities in the US. RealMatch , a revolutionary Ad Network for e-recruiting, today announced it closed a $4.7 Calcalist Hebrew ].

Technical Review 79

Technical Review Matching Venture Capital 79