ithacaVC

FEBRUARY 23, 2012

Most of my stomach turning results from the fact that this exercise is purely about unrealized return values of purely non-liquid assets (unless of course there is an active secondary market for the stock – this applies to a few handfuls of VC backed companies). I think this practice is not prudent.

Valuation 49

Valuation Institutional Investors Marketing Down Round 49

A Crowded Space

MAY 31, 2016

We expect there to be an increase in down rounds, flat rounds, inside rounds and various pay-to-play scenarios. This means that unless a preferred shareholder pays in their pro-rata share of an inside round, their stock may be converted to common shares. 2) Some insiders are supportive.

Cram Down 60

Cram Down Pay to Play Angel Investor Warrant 60

David Teten

AUGUST 7, 2019

The second strategy is Value Investing , a strategy which “seeks to maximize returns by finding stocks that are undervalued by the market…Investors assess a stock’s intrinsic value…and compare that value with the stock price. LTV / CAC, revenue growth, etc.)

Venture Capital 60

Venture Capital Valuation Stock NDA 60

thebarefootvc

JULY 26, 2015

After a tumultuous week in global markets, today the US stock market ended higher on the session. As someone who invested through the 2001 and 2008 crashes I can assure you that down rounds and fire sales are not fun for anyone involved. Build solid relationships with strategic partners and customers.

Marketing 40

Marketing Investment Bankers Valuation China 40

thebarefootvc

AUGUST 26, 2015

After a tumultuous week in global markets, today the US stock market ended higher on the session. As someone who invested through the 2001 and 2008 crashes I can assure you that down rounds and fire sales are not fun for anyone involved. Build solid relationships with strategic partners and customers.

Marketing 40

Marketing Investment Bankers Valuation China 40

thebarefootvc

AUGUST 26, 2015

After a tumultuous week in global markets, today the US stock market ended higher on the session. As someone who invested through the 2001 and 2008 crashes I can assure you that down rounds and fire sales are not fun for anyone involved. Build solid relationships with strategic partners and customers.

Marketing 40

Marketing Investment Bankers Valuation China 40

NZ Entrepreneur

JULY 8, 2019

I made my first investment in the stock market when I was 12 years old. The situation I see time and again is an over-valuation on a markedly smaller-than-anticipated business, revenue numbers not achieved, and then needing to do another raise on a lower valuation (a ‘down-round’). I killed it, everyone did. The Rolodex.

New Zealand 49

New Zealand Entrepreneur Valuation Dilution 49

www.mattbartus.com

DECEMBER 9, 2012

an option to purchase shares in the future at a pre-determined price) to the investor to purchase preferred stock at the Series A price. Interesting strategy, although I don't know if it justifies the added risk of having a flat (or down) round next time you go to raise. Post-Money. link] Brad Hargreaves. Matt Bartus.

Warrant 40

Warrant Valuation Pre-Money Valuation Term Sheet 40

www.paulgraham.com

APRIL 28, 2010

A lawyer I asked about it said: When the company goes public, the SEC will carefully study all prior issuances of stock by the company and demand that it take immediate action to cure any past violations of securities laws. Unfortunately,its impractical (if not illegal) to adjust the valuation of thecompany up and down for each investor.

Technical Review 76

Technical Review Startup Software Review Angel Investor 76

abovethecrowd.com

APRIL 20, 2016

All Unicorn participants — founders, company employees, venture investors and their limited partners (LPs) — are seeing their fortunes put at risk from the very nature of the Unicorn phenomenon itself. The same thing happened to many Internet stocks. Their own ego is also a factor – will a down round signal weakness?

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

Reid Hoffman

JUNE 8, 2021

Greylock Partners · Brian Chesky | People-First Capitalism. So we have to think of ourselves as partners. Our hosts — we have 4 million hosts — most people would have, you might call them, your suppliers, your developers, your partners. And most companies have a partner, group and then society. EPISODE TRANSCRIPT.

Silicon Valley 69

Silicon Valley Hosting Rhode Island Design 69

Both Sides of the Table

FEBRUARY 4, 2016

Limited Partners (LPs) who invest in VC funds have continued to pour money into venture – with the market returning to pre-recession levels. As I’ve argued for ages there has to be a correlation between public tech stock valuations and private market valuations. Most flat rounds. More down rounds.

LP 150

LP Valuation Burn Rate Pre-Money Valuation 150

VC Cafe

MAY 29, 2022

Snap’s stock plunged 40% last week after Evan Spigel announced the company will miss revenue targets, which raises questions about other ‘advertising powered’ social networks. Over 60 tech companies have been reported to conduct over 16,000 layoffs in May, and the list is growing as you can see in [link].

Venture Capital 183

Venture Capital Early Stage Valuation Startup 183

Berkonomics

AUGUST 3, 2023

It’s an option, even though an expensive one. “ Strategic partner” investors: If you can find a strategic partner willing to invest in your enterprise, consider it a blessing. It is most often a win-win for both you and the strategic partner. Professional angels: This is the arena where I work and play.

Private Equity 118

Private Equity Valuation Cap Table Accredited Investor 118

Berkonomics

JUNE 8, 2017

Strategic partner” investors: If you can find a strategic partner willing to invest in your enterprise, consider it a blessing. It is most often a win-win for both you and the strategic partner. And even with the significant cost of credit card debt, many entrepreneurs aggressively use existing cards to finance a startup.

Private Equity 106

Private Equity Valuation Cap Table Accredited Investor 106

Scalable Startup

FEBRUARY 1, 2013

All you need is for one of the new enterprise companies to completely whiff a quarter and their stock will collapse and then everybody will get all freaked out. We are already invested in these companies; we can’t sell our stock. We don’t have to sell our stock. People get confused about — it’s really funny watching the stock.

Software Review 22

Software Review Startup Venture Capital Stock 22

Reid Hoffman

JUNE 8, 2021

Greylock Partners · Brian Chesky | People-First Capitalism. So we have to think of ourselves as partners. Our hosts — we have 4 million hosts — most people would have, you might call them, your suppliers, your developers, your partners. And most companies have a partner, group and then society. EPISODE TRANSCRIPT.

Silicon Valley 36

Silicon Valley Hosting Rhode Island Design 36

Berkonomics

JANUARY 20, 2010

It’s an option, even though an expensive one. “ Strategic partner” investors: If you can find a strategic partner willing to invest in your enterprise, consider it a blessing. It is most often a win-win for both you and the strategic partner. Professional angels: This is the arena where I work and play.

Private Equity 69

Private Equity Valuation Cap Table Accredited Investor 69

Hippoland

NOVEMBER 13, 2016

If a company sells for stock or partial-stock, then it’s more complicated, depending on whether the acquirer is a public company or a private company, and we don’t need to dive into that in this post. If a company raises a good round, it gets marked up to the new value. Companies that exit are valued at whatever the sale is.

IRR 48

IRR Valuation Portfolio Due Diligence 48