Both Sides of the Table

SEPTEMBER 15, 2022

The market was down considerably with public valuations down 53–79% across the four sectors we were reviewing (it is since down even further). ==> Aside, we also have a NEW LA-based partner I’m thrilled to announce: Nick Kim. When you look at how much median valuations were driven up in the past 5 years alone it’s bananas.

Technical Review 416

Technical Review Pre-Money Valuation San Francisco Valuation 416

Both Sides of the Table

JUNE 30, 2016

I was reminded of this yesterday watching my friend Justin Kan on Snapchat with this 10-second reminder, “No matter how much you raise at your company you’ll end up spending it in 12–24 months” https://medium.com/media/8594cb16d022a083932b0f3d60b79ebd/href I would probably amend it to say 12–18 months. You have money, you spend it.

Pre-Money Valuation 292

Pre-Money Valuation Valuation Early Stage Startup 292

Lightspeed Venture Partners

OCTOBER 22, 2012

As you may have already seen , I’ve been breaking down the pitches on this season’s Shark Tank while wearing my work hat as a Managing Director at Lightspeed Venture Partners. The company has gotten off to a fast start, $150k in revenue in the first two months, with all the marketing coming from social media.

Pre-Money Valuation 101

Pre-Money Valuation Valuation Dilution Differentiation 101

Gust

NOVEMBER 4, 2011

In brief, a cap acts to place a limit on the conversion price of a convertible note such that investors are guaranteed a minimum number of shares for their bridge loans if the startup does a priced equity round at a high pre-money valuation – “high” meaning above the cap, which is often a heavily negotiated term. (The

Valuation 98

Valuation Pre-Money Valuation Merger Vesting 98

Pascal's View

AUGUST 21, 2011

Welcome to the latest passionate debate over the ‘valuation bubble or not?’ This time, the debate centers on the “favored few” Social Media venture backed companies that have brought tremendous windfalls to a select group of venture funds and management teams, both pre- and post-IPO. question in venture capital.

Valuation 50

Valuation Social Media Media IPO 50

K9 Ventures

MAY 14, 2011

In my view the terminology being used for early stage investors by the press and the media is not as clear as it should be. The incubators invest usually for an equity stake and buy equity at a extremely low valuation (for example, 7% for $15,000, which implies a pre-money valuation of less than $200,000).

Preferred Stock 125

Preferred Stock Seed Stage Incubator Early Stage 125

VC Cafe

JANUARY 20, 2014

Across all investment stages, median pre-money valuations last year rose dramatically. The fastest growing exit category in Israel last year was digital media, so the performance of the sector will help determine whether or not the party continues. Now the cost of entry to the Party is rising.

Venture Capital 155

Venture Capital Pre-Money Valuation IPO 155