Feld Thoughts

OCTOBER 15, 2013

Provide some sort of seed capital to their founders. Take a small amount of equity (usually ~6%) and overall have terms that are favorable to entrepreneurs. Have a strong management team who are typically proven entrepreneurs. Not every accelerator is/could be/would be a member in GAN, nor is it designed that way.

Global 179

Global Networking United States Seed Money 179

View from Seed

OCTOBER 22, 2015

One of the things we frequently discuss with founders is how to interpret and manage their dialogue with VCs when raising capital. We’ve written before on how to research partners , how to pitch the right investor at a given firm, and how to raise seed capital , generally speaking.

Term Sheet 120

Term Sheet Due Diligence Seed Stage Seed Capital 120

Gust

SEPTEMBER 27, 2014

Make your public profile as sexy, comprehensive and enticing as possible, adding a short, well done, elevator pitch video (think “the kind of video you see on great Kickstarter campaigns”) and listing your full management team. And don’t forget the ability to customize your profile’s background.

Angel Groups 159

Angel Groups Elevator Pitch Software Review Deal Flow 159

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. The founders usually get wiped out completely, but existing management usually ends up with new options for between 10% and 20% of the company. So they recapitalize the company.

Recapitalization 70

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