View from Seed

MAY 16, 2019

Even before that, we all knew that it was among the most rapidly growing SaaS companies in recent years and a product used (and loved) by millions of people. But it does mean that traditional 180 day lock-up periods won’t generally apply to existing Slack shareholders. Slack dropped their S-1 a couple weeks ago.

Lock-up Period 168

Lock-up Period Retention .Net Azure 168

Agile VC

MAY 16, 2019

Even before that, we all knew that it was among the most rapidly growing SaaS companies in recent years and a product used (and loved) by millions of people. But it does mean that traditional 180 day lock-up periods won’t generally apply to existing Slack shareholders. This post also appears on NextView’s blog.

Lock-up Period 100

Lock-up Period Retention .Net Azure 100

Both Sides of the Table

MAY 13, 2013

If you give $2 million for 20% of a company ($8 million pre + $2 million investment = $10 million post-money valuation) that has no product and no customers and it turns around 3 months later and sells for $5 million it would hardly be fair for investor to get $1 million back (20% of the proceeds). Those 1-3 you’re talking about?

Liquidation Preference 357

Liquidation Preference Early Stage Retention Lock-up Period 357