Both Sides of the Table

JANUARY 18, 2011

I asked him to present to my partners. Within 48 hours of meeting him we had a term sheet agreeing to fund $1.6 When I was an entrepreneur I had a term sheet with True Ventures (my second company) and thought highly of them. might have been a lot less differentiated. They loved his vision, too.

Term Sheet 303

Term Sheet Mobile Cofounder Early Stage 303

Both Sides of the Table

MARCH 8, 2018

We do this not just because it’s the right thing to do but also we believe it will help drive large and differentiated returns. If you’re an entrepreneur who would like to see this clause in more startups please ask your VC to include it in future term sheets and link to it from their home page. “We

Term Sheet 284

Term Sheet Los Angeles Open Source Portfolio 284

View from Seed

MAY 12, 2015

Yet once the right firms are identified, I believe that the tougher challenge is to determine which partner at these firms to approach. Most firms have anywhere from a couple to up to a dozen or more partners listed on their websites. ultimately, a term sheet) when pitching any given firm?

Partner 120

Partner Term Sheet Reputation Deal Flow 120

Startup Professionals Musings

JUNE 5, 2016

Too many entrepreneurs tell me they are looking for an investor, and can’t differentiate between venture capital (VC) investors versus accredited Angel investors. Angels will likely agree to simpler term sheets, better valuations, and less restrictive terms on potential dilution, voting rights, exit options, and executive roles.

Angel Investor 120

Angel Investor IRR Valuation Startup 120

Both Sides of the Table

FEBRUARY 25, 2010

We had many term sheets (it was 1999 and we had a pulse) and we were deciding which one to take. We were trying to optimize around a few criteria: price, size of round, number of syndicate partners and, of course, terms. We ended up agreeing a term sheet for $16.5 Second time he also kept shopping.

Technical Review 301

Technical Review Term Sheet Due Diligence Venture Capital 301

reidhoffman.org

NOVEMBER 12, 2013

× At Greylock , my partners and I are driven by one guiding mission: always help entrepreneurs. In a single year, the classic general partner in a venture firm is exposed to around 5,000 pitches; decides to look more closely at 600 to 800 of them; and ends up doing between 0 and 2 deals. What’s your differential business strategy?

Entrepreneur 111

Entrepreneur Viral Revenue Networking 111

View from Seed

AUGUST 17, 2021

It’s by far the longest time I’ve spent working on any one thing, and I feel very blessed to have been able to work with my partners, colleagues, founders, and collaborators. My partners will tell you that I am an incredibly impatient person. You want someone who will challenge you and be an intellectual sparring partner.

IRR 205

IRR Dilution Founder Portfolio 205

mashable.com

JUNE 11, 2013

We spent six months fundraising only to walk away once we had a term sheet in hand because we realized we were making enough money to sustain and grow the business on our own terms. What I have learned is that we need to do a thorough SWOT analysis not only on the market opportunity, but also on our partners.

Cofounder 111

Cofounder Technical Review Startup Software Review 111

View from Seed

AUGUST 17, 2021

It’s by far the longest time I’ve spent working on any one thing, and I feel very blessed to have been able to work with my partners, colleagues, founders, and collaborators. My partners will tell you that I am an incredibly impatient person. You want someone who will challenge you and be an intellectual sparring partner.

IRR 156

IRR Dilution Founder Portfolio 156

View from Seed

AUGUST 17, 2021

It’s by far the longest time I’ve spent working on any one thing, and I feel very blessed to have been able to work with my partners, colleagues, founders, and collaborators. My partners will tell you that I am an incredibly impatient person. You want someone who will challenge you and be an intellectual sparring partner.

IRR 136

IRR Dilution Founder Portfolio 136

Both Sides of the Table

JANUARY 16, 2012

And I also now have to raise money myself, but this time from bigger institutions that our industry calls LPs (limited partners). Partners make investment decisions. Also recognize that WITHIN a VC you have partners who focus on different areas. Most VC partners do 2-3 deals per year max (except for the higher volume shops).

Developer 366

Developer Silicon Valley PR Las Vegas 366