Agile VC

APRIL 17, 2011

2010 Operating Income: $16 million. Pre-money valuation was initially set higher but was adjusted to match the Ser B valuation. Pre-money valuation was approx. Pre-money valuation was approx. Pre-money valuation was at least $250M (2).

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

Gust

OCTOBER 20, 2011

Angels typically invest in companies operating in industry sectors with which they are familiar. This method compares the target company to typical angel-funded startup ventures and adjusts the average valuation of recently funded companies in the region to establish a pre-money valuation of the target. million.

Valuation 146

Valuation Pre-Money Valuation Intellectual Property Technical Review 146

www.paulgraham.com

APRIL 28, 2010

To be a startupyou need to be the band that sells a million copies of a song, notthe band that makes money by playing at individual weddings and barmitzvahs. Most startups operate close to themargin of failure, and the distraction of having to deal with clientscould be enough to put you over the edge.

Technical Review 76

Technical Review Startup Software Review Angel Investor 76

David Teten

NOVEMBER 15, 2013

Disruptable Pattern #4: Most investors put in only a modest amount of their own money into their funds. In the asset management industry, the norm is that the General Partner puts in 1-2% of the total assets under management. By spending more money, investors can justify managing more money, which in turn increases their fees.

Management 114

Management Pre-Money Valuation Venture Capital New Hampshire 114