Both Sides of the Table

JULY 25, 2010

Because I built two SaaS companies and sold my second one to Salesforce.com (where I then took on the role of VP Products) I am often asked to look at SaaS and/or sales-oriented deals for others. In my next post I’ll talk about using social proof in getting customer traction. So what are you waiting for? Go get your anchors.

Silicon Valley 293

Silicon Valley Technical Review Southern California Angel Investor 293

Lightspeed Venture Partners

SEPTEMBER 21, 2013

to fund the company at a $6M post money valuation from a number of investors including Selena Gomez. Despite having over 500k downloads and making $450k in revenue over the last 21 months, he had only $185k left in the bank, which meant that he would be out of business in 90 days if he didn’t raise more money.

Pre-Money Valuation 167

Pre-Money Valuation Valuation Dilution Distribution 167

Lightspeed Venture Partners

OCTOBER 1, 2012

The company did $1M in sales last year, 90% from wholesale, and had a 10% profit margin. They wanted to get to $10M in sales and then get bought by a big food company. pre money valuation). The sales history is anemic, but perhaps the biggest asset that the company has is a trademark for Rockbands in the apparel field.

Pre-Money Valuation 158

Pre-Money Valuation Valuation Participating Preferred Preferred Stock 158

This is going to be BIG.

MARCH 23, 2015

They''re at a similar stage to my investments now out of Brooklyn Bridge backing Tinybop pre-launch, Canary before their Indiegogo pre-sale, and VIXXENN with just an alpha site and a few stylists. It''s so much easier to blame those stingy Series A guys as to why your startup isn''t getting funded.

Post-Money Valuation 60

Post-Money Valuation Valuation Pre-Money Valuation Seed Money 60

Feld Thoughts

FEBRUARY 9, 2016

Mark Suster wrote a great post yesterday titled The Resetting of the Startup Industry. I suffered through the next financing after implementing a complex structure, or a sale of the company, or a liquidation. Go read it now – I’ll wait.

Cap Table 70

Cap Table Down Round Liquidation Preference Founder 70

Lightspeed Venture Partners

NOVEMBER 12, 2012

He would only be investing if Drive Suits got a manufacturing deal, and if his estimate of a 7-10% royalty is correct, the he would recoup his investment if the product did more than $150,000/7% (royalty)/30%(his share of the company) or just over $7m in sales. Drew was also right to work with Kevin. He came off as unprepared.

Valuation 99

Valuation Post-Money Valuation Viral Algorithm 99

This is going to be BIG.

MARCH 28, 2021

Consider the first money you ever take from VCs. You go back and forth on a price and you eventually settle on a post-money valuation cap of $6.5mm, meaning you have sold about 23% of your company. Well, what if I actually started looking at your net worth on paper given those valuations? million from investors.

Founder 133

Founder Post-Money Valuation Dilution Valuation 133

The Next Web

DECEMBER 30, 2012

If you’re a startup, you are by definition competing with the smartest people in the world – either large companies with more resources than yours or fellow entrepreneurs who are hoping to disrupt large companies. I’ve gathered a comprehensive list of resources for startup learning. Let’s get started!

Artificial Inteligence 156

Artificial Inteligence Founder Private Equity Ruby 156

Altgate

DECEMBER 18, 2008

@altgate Startups, Venture Capital & Everything In Between Skip to content Home Furqan Nazeeri (fn@altgate.com) ← Holiday Cards Year End Management Changes → The 3X Liquidation Preference Is Back! In that scenario your last round investors will get $24MM of that sale off the top (3x their $8MM investment).

Liquidation Preference 31

Liquidation Preference Venture Capital Post-Money Valuation Participating Preferred 31

betashop.com

OCTOBER 8, 2012

It has been awesome, flattering, and humbling to see that post went viral and has been seen by so many thousands of people — mainly aspiring entrepreneurs — and has been translated into many languages. million registered users, 7500 supplier partners, 600 team members, and a run-rate of more than $150M in sales in just 15 months.

Technical Review 108

Technical Review Technology Software Review Valuation 108

betashop.com

OCTOBER 8, 2012

The CEO of a startup must, must, must be the product manager. ” This is someone who has done it before — raised money, done deals, worked with startups. That means if you’re taking money with a $5M post-money valuation, the expectation is that you are building for a minimum $50M exit. $10M

Post-Money Valuation 92

Post-Money Valuation Valuation Dilution Advisory Board 92

Lightspeed Venture Partners

SEPTEMBER 23, 2012

post money valuation. Mark Cuban offered $300k for 33% of the company, implying a $900k post money valuation. implying a $600k post money valuation. The company ended up negotiating with Cuban and settled on $300k for 30% of the company, or a $1M post money valuation.

Pre-Money Valuation 163

Pre-Money Valuation Post-Money Valuation Valuation Dilution 163

www.paulgraham.com

APRIL 28, 2010

When we sold our startup in 1998 I thought one day Id do some angelinvesting. You give a startup money and they give you stock. You give a startup money and they give you stock. Thats how you win: by investing in the right startups. Both youand the startup should have lawyers. million, and youget.05/1.05,

Angel Investor 63

Angel Investor Syndicate Syndication Dilution 63