Startup Professionals Musings

MARCH 27, 2016

Struggling entrepreneurs are often so happy to get a funding offer that they neglect the recommended reverse due diligence on the investors. Taking on equity investors to fund your company is much like getting married – it is a long-term relationship that has to work at all levels. It’s no fun for either side.

Technical Review 120

Technical Review Due Diligence Term Sheet Offshore 120

David Teten

DECEMBER 3, 2019

When I met my now-wife, I realized that any technology that can find me a spouse is a killer app. But in business, you want a lot of partners. I’d argue that the same type of technologies that have revolutionized dating can revolutionize our industry. . When I was single, I registered for (a lot of) dating websites.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Tim Keane

JANUARY 12, 2010

Term-sheets and Valuations: Thinking about Negotiations. Please see later version of this post on May 16, 2010 Entrepreneurs are often not experts in the area of term-sheet negotiations and all of the surrounding issues.   Investors sometimes “present” the terms they’d like and expect the entrepreneurs to react.

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

David Teten

AUGUST 19, 2019

I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. Feenix Venture Partners has a unique investment model that couples investment capital with payment processing services. At maturity, which is typically 3 to 5 years, any unpaid amount of the cap is due.

Revenue 60

Revenue Term Sheet Founder Technical Review 60

Hunter Walker

OCTOBER 31, 2020

Whatever it is, it helps diligence opportunities, win deals or service the portfolio in ways that make the founders and GPs feel good. In exchange for doing this repeatedly, you get to learn the rest of the business. You’ve got some operational superpower. Maybe it’s statistical analysis, growth marketing, or deck making. Blockchain.

North Carolina 92

North Carolina Hiring Angel Investor Technical Review 92

David Teten

JANUARY 19, 2021

Our categorization is not a technical one. Additionally, Flexible VC can accommodate all types of companies, not just asset-lite, tech-enabled companies.”. Womble Bond Dickinson has released a white paper on Performance Aligned Stock and a term sheet on ImpactTerms.org. . (If Typical business stage. Venture Debt.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Mucker Lab

AUGUST 27, 2014

At the time, LA and Santa Clara were both the epicenter of the technology industry due to the significant overlap between the aerospace/military industry (Los Angeles) and the computing business (Silicon Valley). Encyclopedic knowledge of term sheets and startup buzzwords can be quickly learned, trained, and packaged.

Los Angeles 138

Los Angeles Southern California Silicon Valley Technical Review 138

Gust

DECEMBER 27, 2012

You should know EVERYTHING about your business, product, customers and competition. You should have a crystal clear understanding of your business model and your financials. The expectation is that in an era of increasing technology and decreasing costs, you will be bringing them an operating company with at least some traction.

Software Review 164

Software Review Term Sheet Technical Review Angel Investor 164

David Teten

AUGUST 19, 2019

I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. Since 2017 we’ve managed $3 million in revenue-based financing, which helps cash-strapped technology companies grow. Investment Criteria: B2B SaaS or tech-enabled services with proven, recurring contracts.

Revenue 60

Revenue Technical Review Software Review Equity 60

View from Seed

AUGUST 17, 2021

at exit due to dilution. In some cases, great companies massively expand the definition or potential of the market with innovative products, technology leverage, and great execution. We are currently in an incredible economic bull market overall, and perhaps a once-in-a-lifetime revolution in tech.

IRR 205

IRR Dilution Founder Portfolio 205

Steve Blank

NOVEMBER 5, 2009

Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Is there a profitable business model? The Traditional VC Pitch Entrepreneurs who pursue the traditional product development model don’t have customer data to answer these questions. Can it scale?”

Customer Development 270

Customer Development Developer Customer Silicon Valley 270

SoCal CTO

JULY 13, 2010

10 Ways To Be Your Own Boss - A VC : Venture Capital and Technology , June 18, 2010 The folks at Behance and Cool Hunting asked me to talk at their 99% Conference a couple months ago. had two occasions recently to review products which had clear market leadership. Here are the top 30 along with a brief snippet from the post.

Cofounder 175

Cofounder Technical Cofounder Term Sheet Startup 175

View from Seed

AUGUST 17, 2021

at exit due to dilution. In some cases, great companies massively expand the definition or potential of the market with innovative products, technology leverage, and great execution. We are currently in an incredible economic bull market overall, and perhaps a once-in-a-lifetime revolution in tech.

IRR 156

IRR Dilution Founder Portfolio 156

The Next Web

AUGUST 26, 2012

The backbone of your technology company revolves around a well-organized, up-to-date, specific and documented vision, brand-key, business plan, intellectual property rights, contracts, financial administration, NDAs and bylaws it can rely on. Make sure you check and understand the term sheet and overall deal.

Bankruptcy 121

Bankruptcy Technical Review Intellectual Property Due Diligence 121

Both Sides of the Table

DECEMBER 17, 2009

Ability to Pivot – I don’t like to invest in people that I’ve never met before who come through my office wanting to have a term sheet within 30 days. Yes, there is the mythical company you all heard about that walked into Sequoia and had a term sheet 24 hours later. I’m sure that happens.

Entrepreneur 291

Entrepreneur Term Sheet Early Stage Affiliate 291

Austin Startup

NOVEMBER 12, 2017

Let’s talk first about an angel round to individual investors, all of whom may be duly accredited but many of whom may have no background that enables them to understand fully your idea and your business model. In that case, you are not making a specific offer; you are soliciting a terms sheet.

Term Sheet 48

Term Sheet Technical Review Due Diligence Merger 48

View from Seed

AUGUST 17, 2021

at exit due to dilution. In some cases, great companies massively expand the definition or potential of the market with innovative products, technology leverage, and great execution. We are currently in an incredible economic bull market overall, and perhaps a once-in-a-lifetime revolution in tech.

IRR 136

IRR Dilution Founder Portfolio 136

Up and Running

MAY 18, 2016

In this book, you’ll get step-by-step advice on how to align strategy, tactics, milestones, and assumptions, without having to worry about creating a business plan document. Once you’ve outlined your plan in bullet points, lists, and tables, you can schedule times to review and revise on a monthly basis. B y Steve Blank and Bob Dorf.

Startup 80

Startup Venture Capital Angel Investor Lean 80

K9 Ventures

APRIL 27, 2011

As a two person team Arlo and AJ built out the whole site and the back-end technology — and built it to scale — at one point they did a A/B test on Zappos and were easily able to handle all the traffic coming to the Zappos test site while being able to show results from the enormous Zappos inventory.

Software Review 134

Software Review Technical Review IP Finance 134

Sophia Perl of Wisdom

NOVEMBER 9, 2010

Use the 10-5-3-1 formula for raising money: Have 10 great meetings with investors, 5 of those do detailed due diligience on your company, get 3 term sheets, and 1 transfer into your bank account! Raise more money than you need because your business model may change. Tags: Business Technology.

CTO Hire 49

CTO Hire Cofounder Fractional CTO San Francisco 49

reidhoffman.org

NOVEMBER 12, 2013

Press and analysts characterized LinkedIn in one of two ways: “LinkedIn is an interesting niche that might be worth paying attention to” or “LinkedIn is the Friendster for business”. we weren’t the natural leader of a market or technology trend that everyone was paying attention to, we didn’t have substantial organic growth, and.

Entrepreneur 111

Entrepreneur Viral Revenue Networking 111

Sophia Perl of Wisdom

NOVEMBER 9, 2010

Use the 10-5-3-1 formula for raising money: Have 10 great meetings with investors, 5 of those do detailed due diligience on your company, get 3 term sheets, and 1 transfer into your bank account! Raise more money than you need because your business model may change. Kenya is the most advanced for mobile payment.

CTO Hire 40

CTO Hire Cofounder Fractional CTO San Francisco 40

Professor VC

APRIL 7, 2011

Technically, the start-up is insolvent from the day they take the first dollar of investment. From my experience, negotiating debt deals with an experienced investor will result in a number of the same terms and wont save much (if anything) on legal fees. How Much Diligence is Due. Why Invest in an insolvent company?

San Jose 36

San Jose Technical Review Angel Investor Valuation 36

Both Sides of the Table

OCTOBER 19, 2009

My blog linked to Brad Feld’s blog because I was so grateful for his series on term sheets and he was one of the biggest reasons that as a VC I felt compelled to blog. We have also been very busy with our next release, which is due out by December 11th (but I’ll save that for a different post). Page 3: Competition.

Venture Capital 274

Venture Capital Term Sheet San Diego Viral 274

www.xconomy.com

JUNE 9, 2012

Tech Channels ▾ Cleantech ›. Innovation Report Shows San Diego Added 695 Tech Jobs at End of 2011. San Diego’s Free EvoNexus Tech Incubator Gains Qualcomm Expertise. XSITE 2012: The Xconomy Summit on Innovation, Technology & Entrepreneurship. Fred Hutch Spinoff Blaze Bioscience Pulls in $5M For ‘Tumor Paint’.

San Diego 40

San Diego Venture Capital Technical Review San Francisco 40

www.vccafe.com

MARCH 11, 2013

VC Cafe covers early stage Israeli and European tech & mobile startups. Updated Business tools for Startups. Every startup faces multiple choices and decisions when it comes to technology. Also includes the most popular platforms, based on a year of data on business buy and sell marketplace, Flippa.com. Girls in Tech.

Software Review 53

Software Review Technical Review Israel Startup 53

Life Beyond Code

SEPTEMBER 27, 2011

When we were looking to talk to investors, Sramana introduced us to multiple investors and acted as an advisor helping us to navigate complex term sheet clauses like tranche financing and liquidation preferences. At 1/12th the cost, 1M/1M provides far more value.

Programming 116

Programming Silicon Valley Bootstrapping Technical Review 116

steveblank.com

JULY 8, 2011

automatic links to generated images Rietveld - asynchronous code reviews on changesets Tech*if*er0*urs – blog on roadmap for learning rails Best free programming books Project Management Basecamp - web-based project management and collaboration tool. WebSequenceDiagrams - sketch sequence diagrams.

Software Review 110

Software Review Startup Silicon Valley Analytics 110