The Next Web

SEPTEMBER 13, 2013

Thomas Clayton has started and run numerous high-tech startups in Silicon Valley. He is currently CEO of Bubbly , a social media startup backed by Sequoia Capital, SingTel Innov8, and JAFCO. The company is one of the largest VC–backed startups in Southeast Asia, having raised over $60M in funding. Sequoia , Accel , NEA , etc.).

Asia 132

Asia Silicon Valley India Term Sheet 132

Both Sides of the Table

OCTOBER 19, 2009

On December 2nd, 2006 I wrote the blog post published later in this post when I was CEO of startup Koral about my experiences in pitching VCs. I had really positive experiences such as working with Greg Gretsch at Sigma Partners where he championed us to a partners’ meeting where we sort of got crucified.

Venture Capital 274

Venture Capital Term Sheet San Diego Viral 274

David Teten

JANUARY 19, 2021

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. More and more startups are pursuing Revenue-Based VCs , but “RBI” doesn’t fit everyone. Capacity Capital, Greater Colorado Venture Fund, Indie.VC, Reformation Partners, UP Fund, Versatile VC. Of the Inc. 5000 companies, only 6.5% return cap.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Both Sides of the Table

APRIL 13, 2011

If you are going to do the tour up and down Sandhill Road to try and raise your 1st round of financing you need a pitch deck because the vast majority of those meetings you are going to be sitting around a table and you will be presenting to one or more partners and that is going to be your first engagement.”. Is that when it became big?

Technical Review 288

Technical Review Venture Capital Silicon Valley Software Review 288

Both Sides of the Table

JANUARY 21, 2010

If you’re a startup and you don’t have a close relationship with a few law firms you’re really missing one of the most important relationships that any entrepreneur can have. I write about some of the lessons in my post on Startup Mistakes. Every town has firms that focus on startups – find them.

Southern California 318

Southern California Silicon Valley IP Stock Options 318

View from Seed

SEPTEMBER 4, 2018

Amidst the rise of new funds, new technologies, and potentially disruptive late stage players, I thought it was important to share what we consider to be our core operating principles here at NextView. . As seed funds have raised larger and larger funds, more have developed the muscle around issuing term sheets and “leading”.

North America 120

North America Seed Stage Early Stage Lead Investor 120

YoungUpstarts

OCTOBER 28, 2015

by John Vrionis, partner at Lightspeed Venture Partners. This article highlights their advice on issues ranging from financing to patent trolls: While startups may believe lawyers are too costly, working with one early on avoids potentially serious problems later. Lightspeed is in the business of encouraging entrepreneurship.

Convertible Security 100

Convertible Security IP Technical Review Software Review 100

Mucker Lab

AUGUST 27, 2014

As an entrepreneur himself, founding and operating printed circuit board factories in Taiwan, my father was debating between two places to immigrate to and build his next new venture: Los Angeles (“The Valley” aka San Fernando Valley) and Santa Clara (“Silicon Valley”).

Los Angeles 138

Los Angeles Southern California Silicon Valley Technical Review 138

Hunter Walker

JANUARY 5, 2014

Stage 1 : Either Satya or I are meeting the founders, usually solo, giving them an overview of Homebrew and learning about their startup through direct conversations, using the product (whatever stage it’s at) and doing some background on their industry (if it’s an area new to us). 4) Fund Operations. 5% Fund Operations.

Software Review 102

Software Review Balance Sheet Cofounder Technical Review 102

David Teten

AUGUST 19, 2019

In 2019 we partnered with several revenue-based lending providers, effectively creating a marketplace. “. According to Brian Parks, “Bigfoot provides RBI, term loans, and lines of credit to SaaS businesses with $500k+ ARR. The average monthly operating expenses is $70,335. Bigfoot Capital. The average cash balance is $191,164.

Revenue 60

Revenue Technical Review Software Review Equity 60

Both Sides of the Table

MARCH 23, 2015

One of the questions we discussed is, “How much capital should a startup raise?” We talked in the full interview about some of Fred’s partners and the role that they play in the firm. In stead of just writing operating and funding advice Fred also talks about industries. Startup Lessons'

Los Angeles 150

Los Angeles Silicon Valley Term Sheet Video 150

Both Sides of the Table

APRIL 25, 2013

I had them at my partners’ meeting the next Monday. We had them a term sheet the same week. Tells me she wants to do operational stuff so she joins a small team of people running City Search. Didn’t I make myself clear about celebrities & startups ? As are her partners. That’s cute.

Haiti 398

Haiti San Francisco Startup Turkey 398

David Teten

SEPTEMBER 6, 2015

And they should be; the feeding frenzy in the innovation economy is in some cases because startups are eating the lunch of more established companies. Access to the corporate investor’s ecosystem can open up great opportunities from technology validation to customer and partner development.

Venture Capital 60

Venture Capital Balance Sheet Technical Review Portfolio 60

Rob Go

SEPTEMBER 4, 2018

Amidst the rise of new funds, new technologies, and potentially disruptive late stage players, I thought it was important to share what we consider to be our core operating principles here at NextView. . As seed funds have raised larger and larger funds, more have developed the muscle around issuing term sheets and “leading”.

North America 36

North America Seed Stage Early Stage Lead Investor 36

OnlyOnce

APRIL 27, 2021

Last week, I blogged about Bolster’s Board Benchmark survey results , which really laid bare the lack of diversity on startup boards. My new mantra for Startup Boards is simple: 1-1-1. Expect to hear things like “Aren’t we partners in this business?” Independent seats aren’t necessarily easy to open up.

Vesting 48

Vesting Cofounder Startup Term Sheet 48

Both Sides of the Table

SEPTEMBER 28, 2011

The same kind of tasks that a startup team has. Operations. I submitted a term sheet to a company yesterday. Yesterday I offered him a term sheet. I spent time today negotiating it with him and getting my partners bought into some changes. He has a startup. My core duty. And I theirs.

Email 314

Email Product Term Sheet Portfolio 314

The Next Web

FEBRUARY 27, 2014

George Deeb is the Managing Partner at Chicago-based Red Rocket Ventures , a startup consulting and financial advisory firm based in Chicago. Related to the above is the industry in which you operate. You can follow George on Twitter at @georgedeeb and @RedRocketVC. Your industry. Your stage of development.

Valuation 167

Valuation Forecast Seed Stage .Net 167

Austin Startup

SEPTEMBER 20, 2019

Austin Startup Week , established in 2011, is five days full of inspiring events that celebrate Austin startups, the organizations that support them, and the spectacular people who make it all happen. Throughout the week you’ll find panels, keynotes, specialized meetups, happy hours, workshops and our famous Austin Startup Crawl.

Austin 48

Austin Startup Texas Community 48

Both Sides of the Table

FEBRUARY 27, 2012

VC’s keep different titles but the most common that I’ve come across that are investment professionals are (in ascending order of seniority): analyst, associate, principal and partner. In a VC firm the people with authority are clearly partners, although some firms have principals that also have authority.

Partner 308

Partner Term Sheet Sales Portfolio 308

Up and Running

DECEMBER 30, 2015

I’ve been lucky enough to screw up by both funding my startup too early and too late. Founders should pay attention to the liquidation preference in the term sheet to ensure it does not become detrimental to them in a less than favorable exit. See Also: How to Pick the Right Attorney for Your Startup.

Due Diligence 84

Due Diligence Valuation Liquidation Preference Redemption 84

This is going to be BIG.

APRIL 16, 2018

it strikes me that actually talking to an investor, sharing your vision, and actually starting to work together feels like a better strategy than going silent until "Pitch Day" when you show up all ready and prepared, expecting term sheets in just a couple of weeks. Get them to do some homework for you, too--especially around hiring.

Due Diligence 96

Due Diligence Early Stage Term Sheet Vesting 96

Startup Lessons Learned

MAY 31, 2019

Scott Kupor is the managing partner at Andreessen Horowitz, where he’s responsible for all operational aspects of running the firm. When you’re in a startup, it’s very easy to measure progress in 90 day increments - what milestones does the company need to hit each quarter? How did your perspective change when you changed roles?

Lean 108

Lean Venture Capital Conversion IPO 108

www.paulgraham.com

APRIL 28, 2010

Want to start a startup? A typical startup goes throughseveral rounds of funding, and at each round you want to take justenough money to reach the speed where you can shift into the nextgear. Few startups get it quite right. 1 ] A startups life will be more complicated, legally, if any of theinvestors arent accredited.

Technical Review 76

Technical Review Startup Software Review Angel Investor 76

Both Sides of the Table

FEBRUARY 11, 2012

submitting term sheets. In booming markets the best firms operate on a 33% basis. And which startup would pay that kind of money anyways??? In face, your goal in a negotiation is not always to get the lowest possible terms. We like to short-hand it, as in, “What’s our BATNA?”

Mexico 305

Mexico Term Sheet Hiring Search 305

David Teten

JULY 20, 2011

I asked Ed to write up some thoughts on how startups and principals in general can best work with lawyers. Clarify how work responsibilities will be shared between partners and associates at the firm. Although fortunately my cost was capped, it still cost time and effort for all the parties involved. by Ed Reitler.

Intellectual Property 128

Intellectual Property Entrepreneur Term Sheet Venture Capital 128

David Teten

DECEMBER 3, 2019

But in business, you want a lot of partners. I walk through below how progressive investors are using technology and analytics throughout all of their operations. In the private equity universe, most Partners have primary training as deal-makers, not as managers. Most of us want one spouse and we’re done. 1) Manage the firm .

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Rob Go

JULY 17, 2014

As former operators and product-oriented entrepreneurs, Dave, Lee, and I tend to think of our firm as a startup company and our approach to investing as our product. On #2, we have been fortunate to collaborate with a wide group of exceptional entrepreneurs, coinvestors, and limited partners. Does our strategy still resonate?

Seed Stage 69

Seed Stage Early Stage Due Diligence Liquidity Event 69

Hunter Walker

APRIL 27, 2014

I’ve written before about our fundraising process and how it very much resembles that of a startup. Last week we held our first annual LP meeting, when venture funds get their investors together with updates on operations and results. There were four basic sections: 1) What We Said We’d Do & What We Did.

LP 96

LP Cofounder Term Sheet Valuation 96

Up and Running

JANUARY 7, 2020

We ended up receiving a $5m term sheet from investors, dozens of government customers from all across the western United States, and several offers to acquire us for 10x the initial investment. Author, Accelerated Startup. Getting there was a struggle. ” – Vitaly Golomb. Our Process.

Product 82

Product Marketing Silicon Valley Term Sheet 82

Hunter Walker

JANUARY 23, 2015

Although the way we spend our days are different than the teams we’ve backed, Homebrew started in Jan 2013 with the goal of feeling like a startup, just one which writes checks instead of code. Get Homebrew operations up and running. This is a conversation which should happen before the term sheet has been signed).

Cofounder 48

Cofounder Term Sheet Metrics .Net 48

Reid Hoffman

DECEMBER 15, 2020

Meanwhile, no matter how confident you are, you also know, on some level, that the vast majority of startups fail, and that the default outcome is that you and all the people who trusted you are going to end up smashing into the ground. This kind of thing happens at 99% of startups, and can happen even after your company is “successful.”

Cofounder 69

Cofounder Restful Silicon Valley Term Sheet 69

Reid Hoffman

JULY 27, 2021

I have a standard aphorism I share when I speak with a group of MBA students: “There are two things that need to be explained away in order for me to invest in your startup: An MBA or a background in management consulting.”. Greylock Partners · Reid Hoffman | Philosopher Versus MBA. TOP DRAWBACKS OF AN MBA PROGRAM.

Silicon Valley 69

Silicon Valley Venture Capital Balance Sheet Cofounder 69

Reid Hoffman

JULY 27, 2021

I have a standard aphorism I share when I speak with a group of MBA students: “There are two things that need to be explained away in order for me to invest in your startup: An MBA or a background in management consulting.”. Greylock Partners · Reid Hoffman | Philosopher Versus MBA. TOP DRAWBACKS OF AN MBA PROGRAM.

Silicon Valley 69

Silicon Valley Venture Capital Balance Sheet Cofounder 69

reidhoffman.org

NOVEMBER 12, 2013

× At Greylock , my partners and I are driven by one guiding mission: always help entrepreneurs. In a single year, the classic general partner in a venture firm is exposed to around 5,000 pitches; decides to look more closely at 600 to 800 of them; and ends up doing between 0 and 2 deals. Reid Hoffman. we had no revenue.

Entrepreneur 111

Entrepreneur Revenue Viral Networking 111

Eric Friedman

AUGUST 18, 2021

He is also co-founder and Managing Partner of Deciens Capital, an early stage investment fund. I think there are some real virtues to that, however, when I talk to my business partner, Ishan [Sachdev], about it, I use a slightly different metaphor: I talk about Jiro [Ono], Nobu [Matsuhisa], and Benihana. On Dan’s Former Startup.

Silicon Valley 88

Silicon Valley Venture Capital Cofounder Africa 88

Startup Lessons Learned

AUGUST 17, 2020

As she recalls, "once we as a team and ecosystem of stakeholders got our plan together--and a big part of that was our incredible school partners, who said, 'We are going to feed as many kids and families as we can,'-- within a week, we were building at light speed what would be the next iteration of Revolution Foods and our feeding system."

Cofounder 60

Cofounder Security Founder Entrepreneur 60

Growthink Blog

MAY 14, 2014

And high profile exits on deals like Nest , WhatsApp , and Occulus - where fund investors saw returns in excess of 20x their original investments - have caught the public''s fancy as to the power of startup and emerging company investing. So it should come as no surprise that a lot of folks want in on the action. This all costs money.

Venture Capital 101

Venture Capital Disintermediation Technical Review Term Sheet 101