Feld Thoughts

NOVEMBER 18, 2013

Here’s the punchline: if you run your company as if you have closed a VC equity financing round even though you actually closed a convertible debt round, you’ll be in much better shape when it comes time to raise your Series A financing. The investors, founders, and “community” are all super excited about ASC.

Burn Rate 155

Burn Rate Equity Software Review Early Stage 155

This is going to be BIG.

SEPTEMBER 30, 2012

How else can you explain this headline matching a story about a professional social network still trying to explore revenues raising $17mm on an $80mm valuation? David's firm most recently participated in the $77 million second round financing of SoFi, a one year old startup focusing on student loans. Perhaps I need to rethink that.

Venture Capital 117

Venture Capital Marketing Term Sheet Software Review 117

Startup Professionals Musings

SEPTEMBER 6, 2010

Once you have a potential investor excited about your team, your product, and your company, the investor will inevitably ask “What is your company’s valuation?” How much is NewCo worth to investors at this point (pre-money valuation)? This is the most concrete valuation element, usually called the asset approach.

Valuation 234

Valuation Pre-Money Valuation NPV Startup 234

techcrunch.com

SEPTEMBER 2, 2012

From 2004 to 2007, she helped lead Congresswoman Carloyn Maloney’s community outreach and relations efforts in New York City. As a refresher, a convertible note is a loan that automatically converts into equity upon the closing of a Series A round of financing. Sometimes these loans have a valuation cap and/or a discount.

Equity 87

Equity San Francisco Technical Review Angel Investor 87

Hearpreneur

JANUARY 22, 2023

The first step is to collect data on how businesses are affecting their communities and the environment. 13- Sustainability and ethical investing Photo Credit: Zach Larsen I'm really excited to see how technology will continue to shape the personal finance space in 2023. Don’t forget to join our #IamCEO Community.

Artificial Inteligence 127

Artificial Inteligence Technical Review Entrepreneur Social Media 127

Gust

NOVEMBER 18, 2012

Once you have a potential investor excited about your team, your product, and your company, the investor will inevitably ask “What is your company’s valuation?” How much is NewCo worth to investors at this point (pre-money valuation)? This is the most concrete valuation element, usually called the asset approach.

Valuation 187

Valuation Pre-Money Valuation NPV Intellectual Property 187

Cracking the Code

SEPTEMBER 12, 2021

As the company announces its $530 million Series F at a valuation of $8.5 When you started Snyk, did you think about the importance of building a community from the offset, and is that what drove your decisions in terms of building and architecting the product? The community approach is instrumental to the developer tooling landscape.

Community 62

Community Cofounder Security Open Source 62

www.entrepreneur.com

SEPTEMBER 22, 2011

Entrepreneur Homepage Startups Starting a Business Home How-To Guides Startup Basics Business Ideas Business Planning Startup Financing Success Stories Home-Based Business Starting a Business Play Video How to Take a New Product from Just an Idea to a Business (Video). Financing Some Jobs Act Proposals Make Headway.

Sweat Equity 55

Sweat Equity Equity Fractional CTO CTO 55

Version One Ventures

OCTOBER 15, 2020

Let’s now explore the major developments and ultimate use cases for the Lightning Network in two categories: A) payments/finance and B) Web3. . Use Case I: Payments and Finance . I’m seeing a lot of experimentation and development on this front in the Lightning community. 1) Generalizable Payments . 3) Exchanges + HFTs.

Networking 168

Networking Global OTC Security 168

Both Sides of the Table

MAY 24, 2021

Case in point, Procore just went public and is trading at an $11 billion valuation. This “overnight success” was first financed in 2004. sold to Disney for $670 million and since our first investment was at < $10 million valuation we did quite well. Instagram selling to Facebook. Maker Studios?—?sold

Venture Capital 363

Venture Capital LP Valuation Later Stage 363

Up and Running

AUGUST 29, 2014

Many people who want to start a business believe they will be able to get grants or loans to help them finance the venture. Listen with an open mind to employees, suppliers, customers, the media and members of the community. Ask what the firm’s specialties are (tax, audit, business valuation, etc.). Often this is not true.

Small Business 87

Small Business CPA Government North America 87

www.seriesseed.com

DECEMBER 9, 2012

Series Seed Financing Documents Blog. Series Seed Financing Documents. Listed below are links to weblogs that reference Series Seed Financing Documents : 1 Reblog. Sets the valuation at the time of the investment. Ted: Great service to the startup community! SeriesSeed.com. Blog Archives. Reblog (1). Great effort!

Finance 40

Finance Term Sheet Vesting LLC 40

Startup Professionals Musings

SEPTEMBER 30, 2011

Once you have a potential investor excited about your team, your product, and your company, the investor will inevitably ask “What is your company’s valuation?” How much is NewCo worth to investors at this point (pre-money valuation)? This is the most concrete valuation element, usually called the asset approach.

Pre-Money Valuation 246

Pre-Money Valuation Valuation NPV Intellectual Property 246

Up and Running

AUGUST 17, 2022

If the investment community doesn’t invest in a plan, there may well be some very good reasons why not. Investors want to have a real shot at growing your valuation when they write you a check. Your business finances may show a lack of stability and not enough traction to grow long-term.

Venture Capital 146

Venture Capital Intellectual Property Angel Investor Bootstrapping 146

Startup Professionals Musings

NOVEMBER 13, 2021

Until I read the classic book “ The Business of Sharing, ” by Alex Stephany, who founded JustPark (current valuation estimated at £80M), I too had no idea of the scope of opportunities, and the 300 or more players already out there. Assets need to move in a community of engaged users. Community means more than supply and demand.

Cuba 316

Cuba Venture Capital Community Valuation 316

David Teten

JANUARY 19, 2021

His work on VC and small communities can be found at greatercolorado.vc/blog. Yes, via conversion rights at a valuation cap. Yes, via conversion rights at a valuation cap. Lower level of community familiarity. Further reading: The Evolution of Entrepreneurial Finance: A New Typology. Of the Inc. raised from angels.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

David Teten

DECEMBER 3, 2019

To learn more about this space, I suggest join an online community I co-founded, PEVCTech. . Investors are also mining for leads such sources as: – product crowdfunding sites ( Indiegogo *); – tech communities ( Producthunt ); – angel group platforms ( Gust ); – expert networks (e.g., 1) Manage the firm .

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Up and Running

SEPTEMBER 5, 2017

Her background includes senior roles in both the banking and tech sectors, and she has launched four data businesses—including her current firm, New Frontier Data , which boasts a $20 million valuation and has received $5 million in funding. Giadha Aguirre de Carcer via Her Agenda. Stitch Fix CEO Katrina Lake, via the Los Angeles Times.

Venture Capital 82

Venture Capital Lean Cofounder Technical Review 82

500hats.com

AUGUST 2, 2012

Other angel investors and smaller funds also copied this innovation, and many of these new Micro-VC fund managers (like me) came from operational backgrounds at companies like PayPal/eBay, Yahoo, Amazon, or Google, rather than finance backgrounds from investment banking or Wall Street.

Silicon Valley 74

Silicon Valley Early Stage Venture Capital Valuation 74

Both Sides of the Table

APRIL 14, 2012

What I want to talk about today is one of the insider baseball discussions of our industry this past week: The odd fact of the $500 million financing round completed just before the company sold for a B. Did raising money at a $500 million valuation help secure the $1 billion deal? “Impending” valuation.

Valuation 316

Valuation Balance Sheet Dilution Term Sheet 316

Up and Running

MAY 15, 2019

In this guide to starting a brewery, we’re going to talk with brewers who’ve been-there-done-that, and we’ll get insights from experts in supporting industries such as insurance and finance, as well as discuss regulatory issues. Building relationships with vendors and the local community. Watch your finances. Funding a brewery.

Oregon 24

Oregon Jordan Software Review Distribution 24

Feld Thoughts

JULY 29, 2011

Finance Friday’s gets off the ground with today’s post by introducing you to an imaginary startup, the entrepreneurs that we’ll being following throughout the series, and their first challenges: splitting up the founders’ equity and addressing the case where one of the founders provides the initial seed capital for the business.

Equity 137

Equity Finance Denver Pre-Money Valuation 137

Hearpreneur

SEPTEMBER 21, 2018

We added a podcast to our blogging community and we wanted to hear from entrepreneurs some of their favorite business or entrepreneurial podcast. #1- They’re a mix of finance news and deep dives into specific FinTech topics, and the guests they get are just incredible. Don’t forget to join our #IamCEO Community.

Entrepreneur 100

Entrepreneur Hosting Cofounder Forecast 100

abovethecrowd.com

JULY 10, 2014

On June 18, Aswath Damodaran , a finance professor at NYU’s Stern School of Business, published an article on FiveThirtyEight titled “ Uber Isn’t Worth $17 Billion. Financial models, especially valuation models, are interesting in that they can be particularly precise. billion, far short of the value recently determined by the market.

San Francisco 111

San Francisco San Jose Marketing Technical Review 111

Startup Professionals Musings

FEBRUARY 2, 2019

Until I read the classic book “ The Business of Sharing, ” by Alex Stephany, who founded JustPark (current valuation estimated at £33M), I too had no idea of the scope of opportunities, and the 350 or more players already out there. Assets need to move in a community of engaged users. Community means more than supply and demand.

Cuba 246

Cuba Venture Capital Community Valuation 246

Both Sides of the Table

JULY 26, 2022

Photo by Scott Clark for Upfront Ventures Focus on Cash While the headlines in 2020 & 2021 touted many massive fundraising events and heady valuations, we believed that for savvy investors it also represented an opportunity for real financial gains. Thank you to everybody in the community who has supported us all these years.

San Francisco 408

San Francisco Early Stage Venture Capital Los Angeles 408

View from Seed

OCTOBER 15, 2014

Over the summer, based on feedback from our portfolio and the broader startup community, NextView created pre-formatted board deck templates for seed-stage startups — part of our Growth Guides series. Finance is mission critical, for instance – it just appears on a recurring basis.

Seed Stage 331

Seed Stage Cap Table Metrics Burn Rate 331

www.inc.com

SEPTEMBER 24, 2011

Join our community. Finance | Tuesdays. Financing a Small Business. Financing A Small Business. Personal Finance. In the past few years, hundreds of small companies have been snatched up by private equity firms willing to agree to ever-rising valuations. ); Login or signup. Welcome | Logout. Forgot login ?

Arizona 40

Arizona Equity Iowa Venture Capital 40

David Teten

AUGUST 20, 2019

Revenue-Based Investing (“RBI”) is a new form of VC financing, distinct from the preferred equity structure most VCs use. However, to raise RBI a woman founder does not need to promise a valuation of $1 billion within 5 years. Realistic projections.

Revenue 60

Revenue Cofounder Founder Venture Capital 60

www.inc.com

SEPTEMBER 24, 2011

Join our community. Finance | Tuesdays. Financing a Small Business. Financing A Small Business. Personal Finance. Before Roving Software could receive its first round of financing from professional investors, in early 1999, he had to put all the stock arrangements in writing. ); Login or signup. Franchises.

Fractional CTO 40

Fractional CTO Equity Iowa Technical Cofounder 40

The Startup Magazine

SEPTEMBER 10, 2019

Asset valuation. The concept of asset valuation may seem counterintuitive, but it is an important idea. Compared to Accounting, Finance is ruthlessly forward looking. Most financial valuation formulas value an asset by discounting the asset using the cost of capital (interest rate) to the present day. Alpha generation.

Founder 148

Founder Valuation Dividend Startup 148

Gust

NOVEMBER 4, 2011

Entrepreneurs and investors who have spent any time dealing with convertible debt seed financing transactions are likely to have encountered the subject of valuation caps. Valuation caps can come into play in settings other than seed-stage convertible note financing rounds. Read on for a fuller explanation.

Valuation 98

Valuation Pre-Money Valuation Merger Vesting 98

Both Sides of the Table

MARCH 6, 2011

Investor acceptance is on a case-by-case basis and they have kicked people out of the community. I accidently blow the cover of a hot startup raising a round of financing on AngelList (oops!) – hint – it’s a product that I talk very openly about loving but I’m not an investor. I argue the opposite.

Valuation 292

Valuation Deal Flow Lead Investor Cofounder 292

Up and Running

FEBRUARY 17, 2016

In this two-part guide to starting a brewery, we’re going to talk with brewers who’ve been there-done-that, and we’ll get insights from experts in supporting industries such as insurance and finance, as well as discuss regulatory issues. In part two, we’ll discuss finances, insurance, and regulations for breweries. Keep on reading!

Oregon 60

Oregon Jordan SBA Cofounder 60

VC Cafe

FEBRUARY 21, 2025

The valuation of Safe Superintelligence Inc. billion valuation ) to provide comprehensive cybersecurity protection for governments and national organisations! ? We have a lot to celebrate in our “small” community. Perplexity also open sourced DeepSeek R1 version without Chinese censorship. Plane is taking off.

Non-Compete 78

Non-Compete ChatGPT Stealth Valuation 78

Hunter Walker

JUNE 9, 2023

My friends at Weekend Fund recently put out a round-up newsletter of some investor responses to the question “ Do Valuations Matter? They view valuation as an important guardrail in evaluating an investment opportunity. Like NEA, Homebrew takes an ownership-driven approach to investing.

Valuation 90

Valuation Seed Stage Portfolio Framework 90

Scalable Startup

AUGUST 26, 2014

As further market proof of the power of Drupal in the enterprise, Acquia has received about $100 million in funding in the past 3 months, which puts its valuation at over $1 billion. It gained recognition during the 2004 presidential campaign when Howard Dean’s IT director decided to use it as a platform for community and campaigning.

Founder 42

Founder Los Angeles PHP Open Source 42