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Why Uber is The Revenge of the Founders

Steve Blank

A version of this article is in the Harvard Business Review. Technology cycles have become a treadmill, and for startups to survive they need to be on a continuous innovation cycle. 20th Century Tech Liquidity = Initial Public Offering. Technology Cycles Measured in Years. This seems to be occurring more and more.

Founder 281
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Venture Capital Q&A Session

Both Sides of the Table

People buy companies for 3 primary reasons: 1) they want the management team / talent 2) they want the technology or 3) they want the market traction (revenue, customer base, profits, etc). The downside is that people need to buy their stock. &# A: Yes. In fact, far better if you haven’t raised venture capital. Do it early.

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Shark Tank Season 4 week 4 breakdown

Lightspeed Venture Partners

I’ve been writing up reviews of this season’s Shark Tank pitches from a silicon valley VCs perspective. Week three’s breakdown covered topics like how hard momentum is to turn around, and how participating preferred stock works. This time I’ll break down week four of this season. BACK 9 DIPS.

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Convertible Equity, A Better Alternative To Convertible Debt?

techcrunch.com

As a refresher, a convertible note is a loan that automatically converts into equity upon the closing of a Series A round of financing. Second, the debt note requires a fixed due date (or “maturity date”) for repayment of the total amount borrowed, plus interest. Sometimes these loans have a valuation cap and/or a discount.

Equity 87
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These 8 Disciplines Define A Fundable Entrepreneur

Startup Professionals Musings

A C-corporation is more complex and expensive, and is recommended only if you expect to pitch to professional investors who demand preferred stock, or to more than 100 potential shareholders. If your strength is technology, find a co-founder who has a comparable strength in business, finance or marketing.

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What is convertible equity (or a convertible security)?

Startup Company Lawyer

” As a result, Ted introduced the Series Seed preferred stock documents as an alternative to convertible debt for early stage investments. One major concern about convertible debt is that it eventually needs to be repaid if another round of financing doesn’t occur. The problem. Series A) or have to be repaid.

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Revenue-Based Investing: A New Option for Founders who Care About Control

David Teten

Does the traditional VC financing model make sense for all companies? 2018 also had the fewest number of angel-led financing rounds since before 2010. John Borchers, Co-founder and Managing Partner of Decathlon Capital, claims to be the largest revenue-based financing investor in the US. Absolutely not.

Revenue 60