Gust

OCTOBER 25, 2014

Insights from Leading Practitioners on the Art of Raising a Fund, Deal Structuring, Value Creation, and Exit Strategies. Raising Venture Capital for the Serious Entrepreneur. Venture Deals. Venture Capital, Private Equity, and the Financing of Entrepreneurship. The Business of Venture Capital. Invested Interests'

Term Sheet 132

Term Sheet Private Equity Exit Strategy Venture Capital 132

The Startup Magazine

AUGUST 15, 2022

These statements should outline your company’s budget, current and projected financing needs, market analysis, and marketing strategy. Most importantly, your business plan will be able to help you determine your target market, determine the level of financing that you’ll need, and project your financial future.

Merger 158

Merger Acquisition Due Diligence Valuation 158

Gust

OCTOBER 5, 2011

Last week , we gave some attention to the “why” behind convertible note financing for early stage startups. In this installment, I’ll dig into the “how” by dissecting an example term sheet based on a real deal. As with so many subjects in law and finance, mastering the jargon is half the battle.

Finance 79

Finance Preferred Stock Term Sheet Early Stage 79

Gust

OCTOBER 26, 2011

As we conclude our convertible note financing series, there are assorted terms commonly seen in term sheets and deal documents that are worth touching on briefly. The Note Purchase Agreement and Convertible Promissory Note are essential documents for any convertible note financing.

Finance 79

Finance Term Sheet Covenant Accredited Investor 79

Gust

OCTOBER 21, 2011

This week we move on to something near and dear to the hearts of entrepreneurs and investors alike: The exit, more formally known as a “ liquidity event.” Entrepreneurs generally don’t ask for this kind of language, but most sophisticated investors will insist on it in one form or another.

Finance 79

Finance Pre-Money Valuation Term Sheet Liquidity Event 79

Genuine VC

JULY 30, 2012

In theory, there are three levels of pricing for an entrepreneur to potentially signal to a prospective investor: Lower than “market.” This approach is almost never a good idea. By definition, all entrepreneurs should think that their endeavor is truly exceptional. Above market.

Valuation 136

Valuation Pre-Money Valuation Angel Investor Syndicate 136

Berkonomics

MAY 15, 2014

These usually involve a handful of angel investors, and a few entrepreneurs, who all want to build the very best term sheet for their exciting nascent enterprise. Just a few of these terms include vesting, corporate structure, governance principles, financing strategy, valuation and exit strategy. Raising money'

Term Sheet 91

Term Sheet Angel Groups Angel Investor Deal Structure 91

VC Adventure

OCTOBER 8, 2012

When it comes to convertible debt, I’ve had a few instances recently where “out of sight, out of mind” has created some misunderstandings around deal structures. Given the prevalence of convertible debt as a seed financing instrument, an increasing number of companies we look at have some kind of convert in place.

Cap Table 93

Cap Table Dilution Equity Deal Structure 93

Cracking the Code

OCTOBER 10, 2008

Together, CMRR, Cashflow, Churn, CAC, and CLTV make up the “5 C’s of SaaS Finance. For sales, they should be paid on new CMRR with a standard deal structure (such as a one year deal, with quarterly pre-payments), and incentives for more favorable cash flow terms (such as multi-year pre-payments). David Cowan.

Software Review 48

Software Review North America Europe Metrics 48

Both Sides of the Table

SEPTEMBER 23, 2010

I thought I’d try to look at it from a different lens, that of the entrepreneur. Asked to respond to the topic, “What collusion happens with AngelList, if any&# I wrote the following: “Um, let’s not be naive here and not think that a “form of collusion&# doesn’t happen on virtually any financing round.

Entrepreneur 292

Entrepreneur Technical Review Valuation Stealth 292

David Teten

MAY 20, 2013

As an entrepreneur, you can identify un-monetized or under-monetized domain names, and then approach the owner with your startup idea. Another route is to approach a lender like Domain Capital that is familiar with the industry and will finance the domain at rates far better than traditional financing.

Naming 114

Naming Startup Venture Capital Portfolio 114

David Teten

MAY 20, 2013

As an entrepreneur, you can identify un-monetized or under-monetized domain names, and then approach the owner with your startup idea. Another route is to approach a lender like Domain Capital that is familiar with the industry and will finance the domain at rates far better than traditional financing.

Naming 114

Naming Startup Venture Capital Portfolio 114

VC Adventure

OCTOBER 8, 2012

When it comes to convertible debt, I’ve had a few instances recently where “out of sight, out of mind” has created some misunderstandings around deal structures. Given the prevalence of convertible debt as a seed financing instrument, an increasing number of companies we look at have some kind of convert in place.

Cap Table 48

Cap Table Dilution Equity Deal Structure 48

A Smart Bear: Startups and Marketing for Geeks

JUNE 27, 2011

Most entrepreneurs would love to be in a position to have to decide! You’re skipping a step — trying to decide if the deal is even plausible — but how can you decide that if all you’re doing is thinking about the other side? Type-A workaholics like me (and most successful entrepreneurs?) At what price?

Sales 235

Sales Term Sheet Stock Deal Structure 235

Entrepreneurs-Journey.com by Yaro Starak

JANUARY 21, 2011

Sunil contacted me asking if he could apply to become a columnist on Entrepreneurs-Journey. I asked him what are the highlights of his “career&# as an entrepreneur so I could be confident in his credibility and he had stories to tell that we could all learn from. I understand personal finance. I understand my profession.

Internet 87

Internet Technical Review Stock Due Diligence 87