The Startup Toolkit

NOVEMBER 4, 2011

Vision for B2C, virality-driven community. Next, we check that we’re safe from any particularly onerous terms like participation preferred. On the other hand, maybe we can move somewhere less rainy than London… One of the first pieces of startup advice I ever got was to “Never take money from a virgin investor.”

Term Sheet 31

Term Sheet Dilution Participating Preferred B2C 31

The Startup Toolkit

NOVEMBER 4, 2011

Vision for B2C, virality-driven community. Next, we check that we’re safe from any particularly onerous terms like participation preferred. On the other hand, maybe we can move somewhere less rainy than London… One of the first pieces of startup advice I ever got was to “Never take money from a virgin investor.”

Term Sheet 20

Term Sheet Dilution Participating Preferred B2C 20

Both Sides of the Table

SEPTEMBER 2, 2009

But more spend = more viral opps = more revenue down the road. >50% of our revenue in now viral. I took money with a 3x participating preferred liquidation preference with 8% compounded interest annually. Tags: Pitching VCs Start-up Advice VC Industry startup technology vc venture capital.

Founder 329

Founder Liquidation Preference Term Sheet Participating Preferred 329