Agile VC

APRIL 17, 2011

Mobile Usage: 8% of 2010 query volume (mobile app download growth of 344% YoY). liquidation preference, 6% accumulated dividend (1). Series A-1 Preferred. liquidation preference, 6% accumulated dividend. Series B Preferred. liquidation preference, 6% accumulated dividend (1).

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

Both Sides of the Table

MAY 13, 2013

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 That’s why liquidation preferences exist – downside protection. Almost certainly the startup would have raised some capital.

Liquidation Preference 357

Liquidation Preference Early Stage Retention Lock-up Period 357

The Equity Kicker

AUGUST 1, 2012

This analysis assumes there was no participating liquidation preference and lumps together companies that have raised money with those that haven’t, but I think it is fair to guess that in aggregate the investors in these companies didn’t get what they set out for. Karma – a social, mobile gifting service.

San Francisco 110

San Francisco Hiring Liquidation Preference Aggregator 110

genylabs.typepad.com

SEPTEMBER 24, 2011

where your stock sits in the liquidity preference stack. what rights and preferences the founders and the other investors have. I wont bother going into details on start-up financing terms ( see this post for an overview of typical VC terms) except to say if you dont know and understand: the firms cap table and valuation.

Equity 40

Equity Technical Review San Jose Stock 40

Both Sides of the Table

SEPTEMBER 6, 2010

I was thumbing through Twitter messages on my Blackberry on Monday (I use Twitter as a “ mobile first, web second &# product) when I saw the following Tweet (see graphic). I resisted the temptation to jump in with a response because I knew it was too complicated of a topic to discuss on Twitter.

Stock Options 294

Stock Options Stock Valuation Liquidation Preference 294

Professor VC

APRIL 1, 2010

I had a discussi on with another angel investor a few months ago and he was bragging about the deal he just struck that included a 3X participating liquidation preference. The Most Obvious Mobile Ad Unit and What the New York Times Got Wrong. Social-Mobile-LOCAL: “Local” Will Be The Biggest of the Three.

Term Sheet 32

Term Sheet Angel Investor San Jose Venture Capital 32

ithacaVC

FEBRUARY 13, 2013

It had to be somebody who’d know-it-all-social, mobile, cleantech and greentech or the “internet of things”. So, God made a VC! Somebody to see beyond the waves, to observe and predict, pretend and challenge…and pontificate and spray and pray. and then finish a hard days work with a five mile drive to the home-by-the-sea.

Liquidation Preference 55

Liquidation Preference IRR Due Diligence LP 55