Rob Go

SEPTEMBER 4, 2018

We are also seeing more investors try to be a part of syndicated A rounds for companies that are raising $5M or more and are really not what most would consider “seed” stage. As seed funds have raised larger and larger funds, more have developed the muscle around issuing term sheets and “leading”.

North America 36

North America Seed Stage Early Stage Lead Investor 36

View from Seed

OCTOBER 22, 2015

Theoretically, a firm can pass on a startup anywhere prior to closing (term sheets truly are non-binding from a contractual standpoint). Good VCs try to pass as quickly as possible once they decide on that outcome, in order to be respectful of an entrepreneur’s time. The ultimate reference is through a portfolio founder.

Term Sheet 120

Term Sheet Due Diligence Seed Stage Seed Capital 120

chrischandler.name

NOVEMBER 1, 2010

Be prepared with your business plan, term sheet, and probably a beer. Starting a business is no small feat and you will certainly need all the help you can get to bring your idea to life. That being said, let’s talk about money. You will require money if you plan on developing software. So when is equity OK?

Equity 40

Equity Developer Entrepreneur Syndication 40

View from Seed

AUGUST 12, 2015

I once showed a company to another VC for an investment we were syndicating. I wondered if it could potentially be a “platform” for something else (the most meaningless and overused phrase that entrepreneurs and investors try to use to make companies seem more important than they are). It’s very discouraging.

Seed Stage 120

Seed Stage Marketing Angel Investor Term Sheet 120

View from Seed

AUGUST 12, 2015

I once showed a company to another VC for an investment we were syndicating. I wondered if it could potentially be a “platform” for something else (the most meaningless and overused phrase that entrepreneurs and investors try to use to make companies seem more important than they are). It’s very discouraging.

Seed Stage 120

Seed Stage Marketing Angel Investor Term Sheet 120

K9 Ventures

APRIL 27, 2011

I helped introduce the company to various angels and lead the effort to form a syndicate for their fund-raising round. The day before we were supposed to sign the term sheet for the investment, Like.com sued Ugmode (the parent company of Modista.com) for patent infringement. The Valley thrives on innovation and creativity.

Software Review 134

Software Review Technical Review IP Finance 134

Professor VC

JULY 25, 2013

This is the feeling you get from watching the venture capitalists talk about the entrepreneurs and other investors in the film. Pari Passu is a term that was used quite frequently in the early days of the venture industry and even when I got my feet wet in the late ''80s and early ''90s. Startup outcomes tend to be very binary.

Term Sheet 46

Term Sheet Silicon Valley Syndication Syndicate 46

Professor VC

APRIL 1, 2010

was part of a Dow Jones VentureWire webinar last week titled Negotiating An Angel Deal: What Angels, Entrepreneurs & VCs Need to Know. I let him know that he just accomplished two things - left a bad taste with the entrepreneur and opened the door for the next investor to ask for a multiple preference that is senior to yours.

Term Sheet 32

Term Sheet Angel Investor San Jose Venture Capital 32

David Teten

DECEMBER 3, 2019

Small investment firms often have interns and entrepreneurs in residence passing through, each of which is a security risk. Chris Dixon, Partner, A16Z, observes , “Success in VC is probably 10% about picking, and 90% about sourcing the right deals and having entrepreneurs choose your firm as a partner”. 2) Market .

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Feld Thoughts

APRIL 29, 2015

While this makes for press release fodder and ego gratification, it’s of very little use to entrepreneurs. When I pondered it, I realized how divergent the media was becoming from what entrepreneurs were thirsty for in terms of substance. in Funding: Here is the Valuation, Term Sheet and Why We’re Doing It.

Atlanta 70

Atlanta Valuation Term Sheet Finance 70

Both Sides of the Table

APRIL 3, 2010

I know many super experienced entrepreneurs who don’t understand the basics of how fund size and age can affect them so I thought it was worth establishing a baseline. In a world of The Funded, VentureHacks and entrepreneur blogs this kind of informations spreads like wildfire. We used the Y Combinator open source term sheet.

Venture Capital 265

Venture Capital Term Sheet Early Stage Silicon Valley 265

David Teten

SEPTEMBER 6, 2015

There is a possibility that Amex may explore acquisitions within the Amex Ventures portfolio, but those discussions will be on market terms similar to those with other potential acquirers.”. Entrepreneurs today expect more than just capital from their investors. Corporate VC networks extend beyond their own parent companies.

Venture Capital 60

Venture Capital Balance Sheet Technical Review Portfolio 60

Feld Thoughts

JULY 14, 2015

The term sheet converts all the convertible debt into a post-money valuation of $100, essentially making the convertible debt worthless. In some cases this turned into nothing, but in a few cases it had magnificent outcomes for me and my gang, along with the entrepreneurs. So they recapitalize the company.

Recapitalization 70

Recapitalization Pre-Money Valuation Post-Money Valuation Angel Investor 70

Agile VC

FEBRUARY 28, 2012

Startups in NextView’s portfolio frequently receive inbound interest from other VC investors who are intrigued about what they’re doing, and I often talk with other early-stage entrepreneurs how to approach similar situations. Im a former Silicon Valley entrepreneur turned East Coast VC. Author howerl. Read More ».

Early Stage 100

Early Stage Syndication Syndicate Silicon Valley 100

Both Sides of the Table

AUGUST 1, 2010

Many firms do it in a way that can be more detrimental to entrepreneurs. We’ll probably end up paying more than we’d want to because we want to take the investment off the market and the entrepreneur will likely feel they should get a higher price if they shopped it broadly on the open market.

Post-Money Valuation 298

Post-Money Valuation Term Sheet Warrant Partner 298

Rob Go

JULY 17, 2014

As former operators and product-oriented entrepreneurs, Dave, Lee, and I tend to think of our firm as a startup company and our approach to investing as our product. We’ve often explained to entrepreneurs that the second fund of a venture firm is very much like the series A for an early stage company.

Seed Stage 69

Seed Stage Early Stage Due Diligence Liquidity Event 69

Agile VC

MAY 26, 2011

This also appears as a guest post at Fortune’s Term Sheet. I also joke with Reid Hoffman that this was back in the days before he was “Reid” Reid’s an incredible entrepreneur, startup investor, and human being. How To Think About The Future. AGILEVC My idle thoughts on tech startups. May 26, 2011.

Term Sheet 178

Term Sheet Silicon Valley Technical Review Social Network 178

Berkonomics

DECEMBER 17, 2020

Each has a process in place to accept applications or recommendations for investment into new companies, and to review these and make decisions based upon their exploration, previous experience in the field, knowledge of the company or industry, or about individual entrepreneurs. Some can supply more when syndicating with other such groups.

Equity 62

Equity Finance Liquidity Event Angel Groups 62

Professor VC

JUNE 20, 2011

There are definitely some lessons in the story for entrepreneurs and angel investors, but before discussing, I thought Id share a bit about the early financing history for iControl. At this time, we had secured a term sheet from a co-investor from one of my other angel investments (Thanks, Graeme!) So what does this all mean.

San Jose 28

San Jose Angel Investor Term Sheet Venture Capital 28

Berkonomics

APRIL 3, 2014

Each has a process in place to accept applications or recommendations for investment into new companies, and to review these and make decisions based upon their exploration, previous experience in the field, knowledge of the company or industry, or about individual entrepreneurs. Raising money'

Equity 92

Equity Finance Liquidity Event Angel Groups 92