Both Sides of the Table

FEBRUARY 23, 2015

For some aspiring to be tech entrepreneurs, I often suggest a two-step process, as I argued in this post that “ The First Startup Founder You Need to Invest in Is You.” He or she has worked at some very successful big technology or media companies and went to a great school. the standard 4-6% for a hired-gun CEO).

Technical Review 150

Technical Review Liquidation Preference Silicon Valley IP 150

Both Sides of the Table

MARCH 1, 2016

We All Know That Dollars into Venture Have Gone Up … As a starting point, we know that the dollars into venture have steadily rebounded to pre great-recession levels, with just under $30 billion committed to US technology venture capital in 2015. …But LPs Have Been Putting Out More Money Than They Are Getting Back.

Venture Capital 150

Venture Capital LP Silicon Valley Marketing 150

Agile VC

APRIL 17, 2011

AGILEVC My idle thoughts on tech startups. Now that Google’s acquisition of ITA is closed, following lenghty FTC review, it would appear Kayak is poised to proceed with their IPO in the coming months. =. liquidation preference, 6% accumulated dividend (1). Series A-1 Preferred. Series B Preferred.

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

K9 Ventures

JUNE 5, 2015

There is too much capital coming into tech investing. Tech companies generate a lot of buzz. In fact I’d argue that other than Hollywood, sports, and politics, tech and business probably garner widespread interest around the world. Knowing the culture well, I find this entirely believable.). Bubbles are awesome.

Seed Stage 48

Seed Stage Venture Capital Early Stage Valuation 48

Both Sides of the Table

SEPTEMBER 2, 2009

I took money with a 3x participating preferred liquidation preference with 8% compounded interest annually. Coupled with my participating preferred from 1999 and 2000 I had more than $55 million of liquidation preferences. year old boy and another one due in 1 months. Many term sheets ensued.

Founder 329

Founder Liquidation Preference Term Sheet Participating Preferred 329

abovethecrowd.com

APRIL 20, 2016

Ironically, Carreyou is not a Silicon Valley-focused reporter, and the success of the piece served as a wake-up call for other journalists who may have been struck by Unicorn fever. If 1999 was a wet (read liquid) bubble, 2015 was a particularly dry one. In Q1 of 2016 there were zero VC-backed technology IPOs.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

Life Beyond Code

SEPTEMBER 27, 2011

I have learnt a great deal being based in the heart of Silicon Valley for the last 15 years, and having access to its inner circle. No, you do not need to come to Silicon Valley to learn entrepreneurship. Any startup that wants to fast-track to being ‘Silicon Valley VC ready’ should participate in this program.”.

Programming 116

Programming Silicon Valley Bootstrapping Technical Review 116