Both Sides of the Table

JANUARY 5, 2010

So we as VCs search for entrepreneurs/founders who have the whole package or as much of it as possible. The problem was that he was still working out the lock-up period in his big company. Few people have it. He had built and sold his first company and had good ideas for his second company. I finally called bullshit.

Entrepreneur 293

Entrepreneur CTO Hire South America Salary 293

Both Sides of the Table

MAY 13, 2013

I’m supposed to believe that my best innovation can only come from scores of startup founders who just made millions and have now become CVOs at my company? If the money comes from professional investors it usually has a “liquidation preference” meaning that their money comes out before the founders or common stock. (If

Liquidation Preference 357

Liquidation Preference Early Stage Retention Lock-up Period 357

View from Seed

MAY 16, 2019

Practically speaking this doesn’t mean that all of the shares owned by founders, investors, employees (RSUs), or others will be available to trade immediately as they will need to be converted and registered for public trading. But it does mean that traditional 180 day lock-up periods won’t generally apply to existing Slack shareholders.

Lock-up Period 168

Lock-up Period Retention Azure .Net 168

Agile VC

MAY 16, 2019

Practically speaking this doesn’t mean that all of the shares owned by founders, investors, employees (RSUs), or others will be available to trade immediately as they will need to be converted and registered for public trading. But it does mean that traditional 180 day lock-up periods won’t generally apply to existing Slack shareholders.

Lock-up Period 100

Lock-up Period Retention Azure .Net 100

VC Cafe

JANUARY 14, 2022

Both employees and investors typically have a 6 month lock up period (exceptions apply of course) so this can have devastating effects on liquidity and retruns. Given that some of these new stocks have low trading volume, in practice the lock up period can be longer. Global tech correction.

Technical Review 158

Technical Review Lock-up Period South Korea 158

VC Cafe

SEPTEMBER 24, 2021

million, with a standard deviation of $55M Companies are hitting Unicorn valuations with $25M or less in revenue, compared to $75M-$100M in the period of 2013-2016 The majority of Israeli unicorns are still managed by their founders, who come from relatively diverse backgrounds and prior experience.

Lock-up Period 218

Lock-up Period Merger IPO 218

Professor VC

JANUARY 20, 2009

Ill share a few points about how we were successful, but most of the credit goes to Benjamin Wayne , founder and CEO of Fliqz, a passionate, strategic and tactical executive. From first hand experience, we certainly felt the market conditions and the funding process was much more difficult than anticipated. Same principle here.

Venture Capital 28

Venture Capital Silicon Valley San Jose Bootstrapping 28