Pascal's View

JULY 9, 2017

When it comes time to convert the notes, these entrepreneurs face ‘sticker shock’ about their post-financing ownership. In these cases the caps can easily diverge from the true number at which a company could raise sufficient equity to provide at least 18 months of runway with no revenue (a normal VC round).

Post-Money Valuation 49

Post-Money Valuation Valuation Cap Table Covenant 49

abovethecrowd.com

APRIL 20, 2016

Why the Unicorn Financing Market Just Became Dangerous…For All Involved. A high performing, high-growth SAAS company that may have been worth 10 or more times revenue was suddenly worth 4-7 times revenue. By the first quarter of 2016, the late-stage financing market had changed materially.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

Up and Running

SEPTEMBER 20, 2021

Wondering what a cap table is, its importance, and how you can maintain it to expand your business? What is a cap table? A cap table is also known as the capitalization table. This is a table that outlines the company’s capitalization. Include details of Convertible Notes on the Cap Table.

Cap Table 112

Cap Table Pre-Money Valuation Stock Options Option Pool 112

David Teten

NOVEMBER 17, 2011

I’ve often found it helpful to have on hand a simple model showing the impact of each financing stages on all team members, suitable for sharing with everyone in the company. Enter Raul: This capital table startup options valuation model was created with the purpose of valuing options for an illiquid, early-stage start-up.

Employee 155

Employee IRR Startup Mexico 155

Up and Running

JULY 14, 2015

They never worked with the startup who had needed to raise multiple rounds of financing. They never worked with startups who needed to put together private placement memos for investors, capitalization tables and all of those things. What are those things?

Incubator 60

Incubator Email Startup Oregon 60