Startup Professionals Musings

SEPTEMBER 14, 2010

Remember a term sheet agreement is not a deal until the check clears. Entrepreneurs sometimes assume an initial agreement with an angel is a commitment, so they start spending before any money is received. However, there is no set pattern of terms an entrepreneur might be able to anticipate from an angel, either.

Term Sheet 227

Term Sheet Pre-Money Valuation Due Diligence Post-Money Valuation 227

Startup Professionals Musings

JANUARY 27, 2012

Remember a term sheet agreement is not a deal until the check clears. Entrepreneurs sometimes assume an initial agreement with an Angel is a commitment, so they start spending before any money is received. However, there is no set pattern of terms an entrepreneur might be able to anticipate from either.

Term Sheet 223

Term Sheet Pre-Money Valuation Due Diligence Angel Investor 223

Gust

OCTOBER 17, 2011

Remember a term sheet agreement is not a deal until the check clears. Entrepreneurs sometimes assume an initial agreement with an angel is a commitment, so they start spending before any money is received. However, there is no set pattern of terms an entrepreneur might be able to anticipate from either.

Term Sheet 158

Term Sheet Pre-Money Valuation Due Diligence Angel Investor 158

Gust

SEPTEMBER 27, 2014

To begin with, it is important to understand some basic facts about the world of entrepreneurial finance: There are many more entrepreneurs than there are investors, with the result that only one company out of every 400 that seeks venture funding actually receives it. This will almost always be the best approach to an investor.

Angel Groups 159

Angel Groups Elevator Pitch Software Review Deal Flow 159

Gust

SEPTEMBER 29, 2011

The most successful serial entrepreneurs in the world may found three or four, perhaps even eight or ten venture-backed startups over the course of their careers. Experienced investors often don’t feel the need to involve legal counsel in most typical convertible debt seed or angel round investments. There are two principal reasons.

Finance 178

Finance Term Sheet Preferred Stock Bridge Financing 178

Feld Thoughts

OCTOBER 15, 2013

Provide some sort of seed capital to their founders. Take a small amount of equity (usually ~6%) and overall have terms that are favorable to entrepreneurs. Have a strong management team who are typically proven entrepreneurs. Take no less than 5 and no more than 12 companies at a time.

Global 179

Global Networking United States Seed Money 179

View from Seed

OCTOBER 22, 2015

One of the things we frequently discuss with founders is how to interpret and manage their dialogue with VCs when raising capital. We’ve written before on how to research partners , how to pitch the right investor at a given firm, and how to raise seed capital , generally speaking.

Term Sheet 120

Term Sheet Due Diligence Seed Stage Seed Capital 120