This is going to be BIG.

OCTOBER 22, 2014

Needless to say, I have a fair amount of startup event experience. Others talked as if they were the ones doing the deals--even though they''re just the ones making the cap tables in Excel. Secondly, the audience is going to think, "It''s ok that my startup''s plan makes no sense, because I have a social mission!".

Venture Capital 158

Venture Capital Cap Table Startup Early Stage 158

The Next Web

OCTOBER 7, 2013

That’s what a couple of my friends – engineers at Google and Bloomberg who have been following the rise of startup culture with intrigue – told me recently. Cap tables sound intimidating. Startup employees are granted common shares out of something called an option pool. “It kinda sucks to be engineer #1.”.

Engineer 129

Engineer Dilution Option Pool Vesting 129

Hunter Walker

JANUARY 2, 2017

And the narrative for 2017 is OLD ECONOMY COMPANIES WANT TO BUY YOUR STARTUP. When Satya and I started Homebrew in 2013 one of our bets for the coming decades was that non-traditional acquirers would become more aggressive in their pursuit of technology startups. So, is it true? ” Next Level – Buying Product.

Technical Review 116

Technical Review Cap Table Acquisition Startup 116

Up and Running

JULY 2, 2014

Picking the right attorney in your startup is as important as picking the right business partner. My business partner and I made many mistakes in our first tech startup, and so many of them were the result of choosing a lawyer who was a terrible fit. Let me paint the picture for you: We were about two months into our startup idea.

Technical Review 118

Technical Review Angel Investor Due Diligence Dilution 118

Hunter Walker

AUGUST 11, 2022

Why Bringing These Two Skillsets Onto Your Cap Table Early Is Worth It. In addition to our dollars, we are eager to help founders with the construction of their cap table, not just generically with the highest profile folks available, but more specifically where they might get some help along the way. Nor Do VCs.

Seed Stage 102

Seed Stage Cap Table Founder Marketing 102

ReadWriteStart

SEPTEMBER 2, 2011

While certainly not every business needs to raise venture financing, it is the path for many high-growth technology startups. As Steve Blank explained earlier this week on ReadWriteStart from research at The Startup Genome Project : One of the biggest surprises is that success isn't about size of team or funding.

Cap Table 125

Cap Table Term Sheet Liquidation Preference Technical Review 125

Both Sides of the Table

JULY 7, 2015

I love how open Danielle has been throughout the development of her startup Mattermark including honest reflections of when she has changed her opinion. “I love those Beats commercials where the basketball player puts on his music and tunes it all out, to go win the game,” she said. That’s what it feels like.”. I agree up to a point.

Cap Table 150

Cap Table Cofounder Silicon Valley Startup 150

VC Cafe

JANUARY 30, 2023

A well-organised data room can play a crucial role in making the process more efficient, and get the money quicker into the startup’s bank account. The post Startup 101: What goes in a startup data room appeared first on VC Cafe. SAFE note), shareholder agreements, company formation and governance documents (e.g.

Technical Review 79

Technical Review Due Diligence Cap Table Startup 79

Startup Professionals Musings

JANUARY 18, 2016

In fact, it’s really just an in-depth common-sense analysis of key success parameters of any startup to assess the risk before final commitment. Be prepared to present a detailed cap table, identifying by percentage all owners, investors and debtors. Team synergies, commitment and depth. Business structure and financial risks.

Technical Review 120

Technical Review Due Diligence Cap Table Intellectual Property 120

Gust

JANUARY 23, 2025

Properly modeling your startup's churn is crucial to a full-picture financial model and will help you better understand your current growth trajectory. The post Cumbersome Cap Tables appeared first on Gust.

Cap Table 91

Cap Table Startup 91

Hunter Walker

MAY 17, 2024

“Admirer from outside of the cap table” is how I approached Kieran Snyder , Cofounder of Textio. Hunter Walk: Textio , the startup you founded and CEO’ed until a few months ago, is almost 10 years old. As I see it, startups have two major advantages. That leads me to the second advantage that startups have.

Cofounder 104

Cofounder Founder Technical Review Seattle 104

venturehacks.com

FEBRUARY 24, 2010

Venture Hacks Good advice for startups. FAQs What if the right guy already has his own startup? Engineer heavy startups are common now, so doubling or tripling your development team at the outset is incredible. Many startups are grown while folks work their day jobs or part time (to survive).

Cofounder 101

Cofounder Founder Technical Cofounder Technical Review 101

This is going to be BIG.

JANUARY 18, 2024

These are people that didn’t make their money through a tech startup or startup investing. Some of these folks are founders and CEOs, but not at high-growth tech startups. They might not understand how a pre-revenue startup could be worth anything, let alone be valued at $5mm. Perhaps they inherited it.

.Net 89

.Net Cap Table Startup Technical Review 89

techcrunch.com

APRIL 26, 2013

For Startups And Winning SEC Approval, AngelList Opens Up Investment Platform To More Companies. In December, AngelList , a service that matches early-stage startups with investors, debuted the ability to allow accredited investors to actually invest in startups on the platform with as little as $1,000. Enterprise. Smartphones.

SEC 61

SEC Accredited Investor San Diego New York City 61

Up and Running

SEPTEMBER 20, 2021

This is all incorporated into a document called a Cap Table. . A cap table will help you in the strategic management of business decisions. Wondering what a cap table is, its importance, and how you can maintain it to expand your business? What is a cap table? Let’s dive in.

Cap Table 112

Cap Table Pre-Money Valuation Stock Options Option Pool 112

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

VC Cafe

FEBRUARY 9, 2011

In the coming months you will make a multitude of decisions that will define the fate of your new company, and as an experienced startup consultant, I have seen the best and worst of cases. Below I briefly describe my experience with two of my clients, both of which faced the kinds of decisions that make or break a startup.

Technical Review 90

Technical Review Cap Table Due Diligence Non-Compete 90

ithacaVC

APRIL 25, 2014

I thought it might be useful to post up a model cap table ( Cap Table Model with Waterfall ). This cap table can be used by a pre-funded startup and then a financing can be layered in. Dealing with VCs Management Startup Life' Here are things to note: 1. So… enjoy the model.

Cap Table 79

Cap Table Preferred Stock Pre-Money Valuation Participating Preferred 79

ithacaVC

DECEMBER 9, 2013

Also, during the process, we had to clean up the company’s cap table and make sure that we all agreed on who owned what on a pro forma pre-money basis. Without having a complete pre-money cap table, it is impossible to calculate a share price. Dealing with VCs Management Startup Life' And Happy Holidays!

Term Sheet 58

Term Sheet Cap Table Technical Review IP 58

Eric Friedman

NOVEMBER 18, 2022

Advisor helping a startup – Midjourney. I have been on both sides of the cap table of advisors. I think there are 3 types of advisors to startups; Level 1 (.05%-.25%): Having them on your cap table, or even in your slide deck as an advisor would bring you credibility.] Types of Early Stage Advisors.

Early Stage 103

Early Stage Equity Vesting Cap Table 103

Both Sides of the Table

JULY 25, 2011

When I first started as a startup CEO in 1999 there were no guides on raising venture capital. To this day I’m still surprised how few CEOs really understand the differences between 2x liquidation preference and a liquidation preference with a 2x cap. Or what “flat spots&# on a cap table are.

Liquidation Preference 304

Liquidation Preference Term Sheet Cap Table Participating Preferred 304

keen.io

FEBRUARY 5, 2013

How I negotiated my startup compensation. When I started thinking about joining Keen, I quickly realized there is a lot I don’t know about startups. I knew enough to know I wanted to join a startup. To be honest, I knew I wanted to join this startup. Startup Equity for Early Employees. Michelle Wetzler.

Salary 50

Salary Equity Startup San Francisco 50

Gust

JUNE 1, 2022

This post originally appeared on Startup Stack’s blog. If you have raised capital from investors before, you probably noticed that one of the first requests from potential investors is for you to send them your current cap table. Why would an investor be so interested in seeing your cap table?

Cap Table 91

Cap Table Startup 91

Hunter Walker

MARCH 15, 2018

Reflecting on Jennifer’s assertion, I thought of our experience with theSkimm , one of the most dynamic audience companies out there today and a startup we were fortunate to first back in 2013. Over the past five years, I’ve witnessed theSkimm be underestimated by the venture capital industry, by pundits and press.

Technical Review 72

Technical Review Cap Table Venture Capital Finance 72

Gust

JUNE 22, 2016

Gust announces acquisitions of Sharewave and Preferred Return; creates the most robust and affordable equity management solution for early-stage startups. The post Gust Launches Comprehensive Equity Management Platform for Cap Table Management and 409A Valuations appeared first on The Gust Blog. Read more >.

Cap Table 93

Cap Table Valuation Equity Management 93

Both Sides of the Table

AUGUST 2, 2014

The acquiring company wants 100% of the proceeds to go to founders whatever the cap table says because buyers care way more about incentivizing and locking in founders than they do about VC returns or legal provisions to protect VCs. Startup Lessons' It’s not an easy question even thought there are industry standards.

Cap Table 346

Cap Table Cofounder Stock Acquisition 346

Hunter Walker

SEPTEMBER 10, 2024

And quite often, this spills out of the individual and becomes a negative for the startup as well.] Unlike a public stock which gets revalued every day, the intermittent nature of startup valuations means that it becomes all too easy for investors to develop a false sense of security about their portfolios. It’s a sales job!

Venture Capital 65

Venture Capital Silicon Valley Memphis Cap Table 65

adamac.blogspot.com

MARCH 9, 2010

Adam MacBeth Tuesday, April 07, 2009 10 Startup Red Flags Ive worked on a number of startups: from seed-stage through IPO, as a founder, employee, advisor, and consultant, as well as evaluating a bunch from the outside, so Ive seen my share of screw-ups. This means there MUST be a technical founder in a startup. Yeah me neither.

Technical Review 41

Technical Review CTO Hire Fractional CTO Startup 41

This is going to be BIG.

AUGUST 21, 2023

At 43, I’m pretty darn proud of that and you might think that’s pretty fast—but if I equate that into startup terms, no one would fund me at that pace. But back to the cap table. Here’s why VC’s don’t actually care about your prior cap table in most circumstances. That put me at around the top 4.7%

Cap Table 78

Cap Table Term Sheet Database Option Pool 78

David Teten

JANUARY 19, 2021

More and more startups are pursuing Revenue-Based VCs , but “RBI” doesn’t fit everyone. Low; a surprising number of Series A/B startups are missing basic financial reporting mechanisms. of startups raise VC. His work on VC and small communities can be found at greatercolorado.vc/blog. Of the Inc. 5000 companies, only 6.5%

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Both Sides of the Table

OCTOBER 7, 2014

If you want a great primer on how the VC and startup funding scene changed here’s a great primer. It is less about actual money and more about structure of your Cap Table. Startup Lessons' If you''re newer to VC math here''s a great primer]. So VCs started writing some smaller A-rounds. and there''s always a but].

Cap Table 399

Cap Table Silicon Valley Term Sheet Finance 399

Both Sides of the Table

MAY 19, 2018

Your historical trading information including financials and a “customer file” which shows the history of your transactions so that investors can run “cohort” analyses Customer reference, personal references, key team members, compensation, cap table, stock option plan, etc. and then asking to take a brochure home with you. No problem.

Cap Table 336

Cap Table Due Diligence Forecast Churn Rate 336

VC Adventure

OCTOBER 24, 2018

Reporting is important but often for startup boards not a very good use of the time you have together. Also include your cap table, any board minutes you’re asking the board to approve as well as option grants and any other board business you’re planning on asking the board to consider in the meeting.

Design 91

Design Cap Table Email Operations 91

David Teten

SEPTEMBER 6, 2018

See best practices in building financial models , a template financial model , and valuing startup employee options. We also use Carta , which specializes in cap table management and has just launched a fund administration service which we have transitioned to. 8) Monitor and report investments.

Technical Review 60

Technical Review Private Equity Management Cap Table 60

David Teten

SEPTEMBER 6, 2018

See best practices in building financial models , a template financial model , and valuing startup employee options. We also use Carta , which specializes in cap table management and has just launched a fund administration service which we have transitioned to. 8) Monitor and report investments.

Technical Review 60

Technical Review Private Equity Management Cap Table 60

David Teten

DECEMBER 3, 2019

See Bessemer Venture Partners’ A comprehensive guide to security for startups. Data companies focused on early-stage startups include Aingel , fundsUP , Preseries , PredictLeads , and Sploda. For more on gathering data and using it to assess companies, see How to Assess Startups Using Machine Learning. 2) Market . 8) Monitor .

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

OnlyOnce

JULY 30, 2020

For many startup CEOs the culmination of their life’s work is an exit of some kind (other than being fired!). Sometimes you can have a major internal problem related to the cap table–a founder with a lot of stock needs liquidity or you need to push this person out of the company.

Cap Table 48

Cap Table Institutional Investors Startup Early Stage 48