Both Sides of the Table

AUGUST 17, 2009

If you’ve read any of my blog posts before you’ll probably recognize that I’m from this school of thought where founders & investors need to be more aligned and I’ve been very cynical of historic VC practices. I had multiple term sheets to do my Series A financing. I talk about this in detail here.

Founder Vesting 252

Founder Vesting Vesting Founder Term Sheet 252

Feld Thoughts

JULY 29, 2011

Finance Friday’s gets off the ground with today’s post by introducing you to an imaginary startup, the entrepreneurs that we’ll being following throughout the series, and their first challenges: splitting up the founders’ equity and addressing the case where one of the founders provides the initial seed capital for the business.

Equity 137

Equity Finance Denver Pre-Money Valuation 137

venturehacks.com

FEBRUARY 24, 2010

When 4-5 founder companies work, it’s because two founders dominate. Two founders works because unanimity is possible, there are no founder politics, interests can easily align, and founder stakes are high post-financing. Build in founder vesting (a.k.a. Date first.

Cofounder 101

Cofounder Founder Technical Cofounder Technical Review 101

ithacaVC

JUNE 20, 2011

4. You are raising money: raising funds requires documentation regardless of type of financing. Lawyer time required: 5 to 10 hours dependent on how fast you are hiring. You might be doing a convertible debt round or an equity round. The convertible debt round will take less legal time.

Stock Options 58

Stock Options Vesting Subscription Agreement Founder Vesting 58