Startup Professionals Musings

AUGUST 29, 2020

For example, professional investors put great priority on your previous experience in building a business, and they expect to own a portion of the business equity and control for the funds they do provide. Trade equity or services for startup help. Another common example is exchanging equity for legal and accounting support.

Equity 436

Equity Small Business Administration SBA Syndicate 436

Startup Professionals Musings

OCTOBER 8, 2023

Here are eight key insights that will help you find a productive match: Angels want equity ownership, not causes. Groups of angels may syndicate multiple individual amounts, but if your total request exceeds $1 million, you need to focus on the venture capital alternatives. Look to grants and strategic partners for seed funding.

Accredited Investor 265

Accredited Investor Venture Capital Syndicate Syndication 265

David Teten

SEPTEMBER 6, 2018

Most of my research is also relevant to private equity. Just as with any company, the most important issue is the team; see “ How to Negotiate a Partner Role at a Venture Capital or Private Equity Firm “ . See How Private Equity and Venture Capital Investors Are Eating Their Own Dogfood. . 6) Due diligence.

Technical Review 60

Technical Review Private Equity Management Cap Table 60

David Teten

SEPTEMBER 6, 2018

Most of my research is also relevant to private equity. Just as with any company, the most important issue is the team; see “ How to Negotiate a Partner Role at a Venture Capital or Private Equity Firm “ . See How Private Equity and Venture Capital Investors Are Eating Their Own Dogfood. . 6) Due diligence.

Technical Review 60

Technical Review Private Equity Management Cap Table 60

mashable.com

MAY 5, 2011

“Once that product is built, you will probably have given away a lot of equity.&# In exchange for $150,000 to $300,000 of work, each startup has given Kayweb 14% to 40% equity. Have an account? As a rule, Kayserian says that Kayweb will take no more than 40% of a company in exchange for development work.

Equity 74

Equity Engineer Technical Review Social Media 74

This is going to be BIG.

JUNE 20, 2024

On the other hand, I feel things are a lot more predictable on the fund side—and that getting limited partners for your fund or syndicate is a lot more grounded in something that resembles logic. Perhaps you run a widely syndicated startup newsletter where the best companies have been subscribers for years.

Deal Flow 147

Deal Flow Syndicate Syndication Cap Table 147

David Teten

DECEMBER 3, 2019

Private equity and venture capital investors are copying our sisters in the hedge fund world: we’re trying to automate more of our job. . But in business, you want a lot of partners. In the private equity universe, most Partners have primary training as deal-makers, not as managers. This is harder than it sounds.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

David Teten

JANUARY 11, 2020

They’re taking a $1m check from me, or giving $5m to me as a limited partner. In the venture capital/private equity business, investors are B2B microinfluencers. Other coinvestors: Limited partners, other VCs who are coinvestors, private equity funds which are potential growth-stage investors, etc. I welcome suggestions.

Social Media 60

Social Media Technical Review Media Private Equity 60

Agile VC

JULY 11, 2012

in equity & loans which was ultimately worth >170x ($355M) when DEC went public about a decade later. Some disgruntled younger partners left to go start a new firm in 1965 called Greylock. Some disgruntled younger partners left in the 90s to form what is now Redpoint Ventures (IT team) and Versant Ventures (healthcare team).

Silicon Valley 240

Silicon Valley Carried Interest Cofounder Boston 240

View from Seed

APRIL 30, 2015

Glen Mello: Venture debt is a good complement to equity. It’s generally got a lower cost compared to equity capital and can help support growth. Use good judgment, talk to your co-founders/investors/lawyers, and partner with a bank that values transparency and relationships such as SVB.]. What are some pros and cons?

Term Sheet 120

Term Sheet Equity Startup Seed Stage 120

Startup Professionals Musings

JANUARY 27, 2021

Here are eight key insights that will help you find a productive match: Angels want equity ownership, not causes. Groups of angels may syndicate multiple individual amounts, but if your total request exceeds $1 million, you need to focus on the venture capital alternatives. Look to grants and strategic partners for seed funding.

Search 317

Search Accredited Investor Angel Investor Venture Capital 317

David Teten

JULY 12, 2017

First, a formal definition: According to Capital Dynamics , “Co-investments are direct investments in a company made alongside and on the same terms as a lead [General Partner]. We see our potential coinvestors in four primary buckets: 1) HOF Capital ’s own limited partners. 2) Investors with very specific value-add. Economic benefit.

Syndicate 60

Syndicate Syndication Institutional Investors LP 60

Startup Professionals Musings

OCTOBER 10, 2018

For example, professional investors put great priority on your previous experience in building a business, and they expect to own a portion of the business equity and control for the funds they do provide. Trade equity or services for startup help. Another common example is exchanging equity for legal and accounting support.

Entrepreneur 240

Entrepreneur Equity Small Business Administration SBA 240

Hunter Walker

APRIL 10, 2014

But he’s raised the largest syndicate on AngelList , turning himself effectively into a one-man fund for, if not the masses, at least the 270 people who have already committed nearly $3.4m AngelList syndicate has surprised some people, you’ve been angel investing for quite a while, right? penchina#syndicate.

Syndicate 125

Syndicate Syndication Hiring Cofounder 125

Agile VC

SEPTEMBER 15, 2011

But if you read the whole article you glean more insight… the entire public equity markets have sunk in the last 3-4 months. How to Evaluate Firms for a Seed VC Syndicate 10 July 2012, 5:13 pm What A VC Orders for Breakfast Says 27 June 2012, 10:16 am To Leave or Not to Leave as Your Startup Grows 12 June 2012, 12:21 pm.

IPO 100

IPO Marketing Silicon Valley Private Equity 100

Both Sides of the Table

NOVEMBER 8, 2010

They monetize via high-priced advertisements during the prime-time airing on TV, via syndication to international audiences or less-watched channels after the original series has run and via DVD sales in retail channels. I would reduce my equity stake much further.

Video 292

Video Technical Review Advertising Distribution 292

Pascal's View

JULY 9, 2017

Unfortunately, what the CEO/founder forgets most often is that the notes have a multiplier effect in the post-money calculation; the more notes and the further the cap is from the new priced equity, the greater the variance between actual and nominal pre- and post-money valuations. It’s going to be great!”.

Post-Money Valuation 49

Post-Money Valuation Valuation Cap Table Covenant 49

Startup Professionals Musings

OCTOBER 12, 2014

For example, professional investors put great priority on your previous experience in building a business, and they expect to own a portion of the business equity and control for the funds they do provide. Trade equity or services for startup help. Another common example is exchanging equity for legal and accounting support.

Entrepreneur 283

Entrepreneur Startup Equity Small Business Administration 283

Gust

OCTOBER 20, 2011

Individual accredited investors in typical angel deals put personal capital at risk for an equity share of growth-oriented, start-up companies. For this round of investment, the angels collectively purchase 20-40% of the equity of the company and are seeking a return on investment of 20-30X in a period of five to eight years.

Valuation 146

Valuation Pre-Money Valuation Intellectual Property Technical Review 146

Startup Professionals Musings

SEPTEMBER 25, 2016

For example, professional investors put great priority on your previous experience in building a business, and they expect to own a portion of the business equity and control for the funds they do provide. Trade equity or services for startup help. Another common example is exchanging equity for legal and accounting support.

Equity 120

Equity Small Business Administration SBA Syndicate 120

Mike Michalowicz

NOVEMBER 28, 2016

She is famous for structuring investments that provide an excellent return for investors without giving up equity or control of the company. She began investing in real estate in 1994 by forming a small syndicate to purchase tax liens at auction. million in private capital from debt partners to fund hundreds of deals.

Syndicate 60

Syndicate Syndication Private Equity Equity 60

Agile VC

APRIL 17, 2011

Obviously most of these employees are working hard primarily for equity upside compensation, but Kayak’s personnel costs are roughly $200K/head so the company is highly productive on a per employee basis. Led by Oak Investment Partners with participation by General Catalyst, Sequoia, & Accel and others. Series D Preferred.

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

OnlyOnce

DECEMBER 5, 2014

First we announced a $35mm financing led by Vista Equity Partners, an exceptional private equity firm that I’d never heard of before the middle of the fundraising process a few months ago. This was a big week for Return Path.

Private Equity 125

Private Equity Syndicate Syndication Equity 125

Agile VC

DECEMBER 19, 2013

In addition, investing in startup tech companies turns out to provide only a modest level of diversification… angel investments tend to form a high beta portfolio, with reasonably close correlations to public equity markets. ” But as an angel one can overweight this factor.

Angel Investor 265

Angel Investor Early Stage Syndicate Syndication 265

David Teten

JUNE 12, 2012

Angel networks in general have lots of disadvantages compared with VC funds, but VCAP© has three key advantages: • Bigger reach , because there are more “Partners” than any normal VC fund. Since 1970, NAIC Member firms who focus on private equity and venture have invested in and transformed more than 20,000 companies.

Private Equity 133

Private Equity Syndicate Syndication Angel Investor 133

View from Seed

OCTOBER 22, 2015

Also, we’d love to syndicate any articles you’ve written offering tactics or stories about going zero-to-N at your startup! ). – Pitch Decks (two styles + walk-throughs from the partners). – Board Decks (two styles + walk-throughs from the partners). – Questions to ask when dividing founder equity.

Seed Stage 120

Seed Stage Seed Capital Syndicate Syndication 120

Austin Startup

MARCH 7, 2021

These are all potential customers and strategic partners for startups. In order for Frisco to achieve its full vision to be a destination city for VC’s, we have to be part of a larger, statewide network to support our partners and entrepreneur support organizations to help advance our collective and common goals.”

Texas 90

Texas San Antonio Houston Dallas 90

Startup Professionals Musings

FEBRUARY 16, 2015

Here are eight key insights that will help you find a productive match: Angels want equity ownership, not causes. Groups of angels may syndicate multiple individual amounts, but if your total request exceeds $1 million, you need to focus on the venture capital alternatives. Look to grants and strategic partners for seed funding.

Angel Investor 120

Angel Investor Accredited Investor Venture Capital Startup 120

OnlyOnce

FEBRUARY 9, 2022

I’ve never written before about those other “potential business opportunities” that our team was exploring along with our prior investment syndicate, Fred Wilson from Union Square Ventures, Greg Sands from Costanoa Ventures, and Brad Feld from Foundry. What about the middle?

Silicon Valley 62

Silicon Valley Venture Capital Cap Table Early Stage 62

Hunter Walker

APRIL 4, 2014

There’s a influx of capital to back new funds: crowding funding via AngelList syndicates. other venture/private equity shops. It’s being a partner of conviction to an entrepreneur and working with them for several years. Sometimes it feels like it’s never been easier to become a VC but never harder to stay one.

San Francisco 102

San Francisco Private Equity LP Syndicate 102

David Teten

MARCH 14, 2018

My Partners at HOF Capital are younger than I am, which means that we have a half-century horizon for the franchise we are building. – Build out low-cost force multipliers such as scouts , Advisors, Entrepreneurs in Residence, Venture Partners, and so on. So we think about scaling a lot.

Private Equity 60

Private Equity Venture Capital Equity Cofounder 60

Austin Startup

FEBRUARY 28, 2019

Find out what the buzz is all about and make valuable connections with local investors who you can syndicate deals with. You can see a list of the 70+ investors and other partners who have signed on to participate in local programming at the bottom. Who should come on the bus? They are coming here to start new companies.

Texas 50

Texas San Antonio Dallas Houston 50

Agile VC

JANUARY 18, 2012

2) The Pyramid Scheme of Startup Equity - Just like multi-level marketing schemes, in startups it pays to get in on the ground floor. But founding entrepreneurs typically own an order of magnitude more equity than early hires (who themselves will have disproportionate ownership relative to later hires). What’s Your Favorite Future?

Entrepreneur 100

Entrepreneur Cofounder Silicon Valley Seed Stage 100

Agile VC

FEBRUARY 28, 2012

If you and all the people around your startup (co-founders, advisors, existing investors) feel strongly that the company A) could benefit from additional equity capital at this time and B) you’ve accomplished value accretive milestones since your last round of funding, then it might make sense to talk with potential new investors.

Early Stage 100

Early Stage Syndicate Syndication Silicon Valley 100

Growthink Blog

MAY 3, 2010

Series B funding, as you may recall, is the 2nd institutional round of equity funding that a company receives. Other participants in the round included Adams Street Partners, Angeleno Group, PCG Clean Energy & Technology Fund, Vedanta Capital LP, New Silk Route, The Westly Group, and current investor MissionPoint Capital Partners.

LP 71

LP Venture Capital Syndicate Syndication 71

Feld Thoughts

AUGUST 2, 2010

But before Foundry Group, my partners and I were involved in many seed investments, both at Mobius Venture Capital. Specifically, our seed investments are not “options on the next round.&# We price our seed rounds as equity investments, always lead or co-lead (as Fred describes in ? each are equally happy situations.)

Angel Investor 152

Angel Investor Cofounder Syndicate Syndication 152

Agile VC

SEPTEMBER 27, 2011

Providence Equity invested $100M at a $1B valuation not because of their technology or product, but because the network owners contributed a lot of valuable content… or at least access to it for 2years. My partner @ LeeHower looks back: [link] 5 days ago Search. What’s Your Favorite Future? Previous Entries.

Silicon Valley 100

Silicon Valley Seed Stage Syndicate Syndication 100