Steve Blank

APRIL 26, 2022

Cram downs are back – and I’m keeping a list. Most existing investors (those still in business) hoarded their money and stopped doing follow-on rounds until the rubble had cleared. Most existing investors (those still in business) hoarded their money and stopped doing follow-on rounds until the rubble had cleared.

Cram Down 417

Cram Down Founder Venture Capital Recapitalization 417

Startup Professionals Musings

JUNE 2, 2013

The single most important ingredient of success is not the idea, but having a team in place that has impeccable integrity, can iterate the product quickly, pivot the business model as necessary, and keep costs down in the process. Angel investors look for prior domain and startup experience. Funding risk.

Angel Investor 269

Angel Investor Cram Down Intellectual Property Venture Capital 269

Growthink Blog

MAY 23, 2011

Management has the wrong pedigree, is geographically undesirable, competes in the wrong industry, and/or has a business model that lacks "scalability credibility" with the venture community. There is considerable internal debate around whether or not to solicit and/or accept outside venture capital.

Angel Investor 112

Angel Investor Venture Capital Sweat Equity Cram Down 112

Tim Keane

AUGUST 20, 2009

"  The problem has been that too-high valuations and too generous terms have spawned painful down rounds that squash the entrepreneur and his early investors.    New money, usually VC money, comes in and crams down those early investors and takes substantial shares from the entrepreneur. 

Milwaukee 60

Milwaukee Bootstrapping Cram Down Deal Structure 60