Both Sides of the Table

JUNE 5, 2011

There is an inherent value that any company has. On a public stock market that is the value that investors place on future free cash flows of the business discounted to today’s date to account for the time value of money. The more mature the company and industry, the easier it is to predict its future.

Pre-Money Valuation 336

Pre-Money Valuation Valuation Silicon Valley Stock 336

Feld Thoughts

JUNE 4, 2014

On Monday we had a Foundry Group portfolio company sales summit. We are fortunate in that we’ve got a bunch of amazing sales execs in our portfolio, including several CEOs like Howard Diamond of MobileDay and Matthew Bellows of Yesware who have long histories selling and building sales organizations. Sales ROI yesware'

Software 140

Software Portfolio Sales Cofounder 140

Startup Professionals Musings

NOVEMBER 26, 2012

Early customers and contracts in progress add value. Assign probabilities to active customer sales efforts, just as sales managers do in quantifying a salesman’s forecast. In finance, the income approach describes a method of valuing a company using the concepts of the time value of money.

Valuation 270

Valuation Pre-Money Valuation NPV Intellectual Property 270

Startup Professionals Musings

SEPTEMBER 30, 2011

Early customers and contracts in progress add value. Assign probabilities to active customer sales efforts, just as sales managers do in quantifying a salesman’s forecast. In finance, the income approach describes a method of valuing a company using the concepts of the time value of money.

Pre-Money Valuation 246

Pre-Money Valuation Valuation NPV Intellectual Property 246

Gust

NOVEMBER 18, 2012

Early customers and contracts in progress add value. Assign probabilities to active customer sales efforts, just as sales managers do in quantifying a salesman’s forecast. In finance, the income approach describes a method of valuing a company using the concepts of the time value of money.

Valuation 187

Valuation Pre-Money Valuation NPV Intellectual Property 187

Startup Professionals Musings

SEPTEMBER 6, 2010

Early customers and contracts in progress add value. Assign probabilities to active customer sales efforts, just as sales managers do in quantifying a salesman’s forecast. In finance, the income approach describes a method of valuing a company using the concepts of the time value of money.

Valuation 234

Valuation Pre-Money Valuation NPV Startup 234

The Startup Lawyer

FEBRUARY 13, 2012

The convertible note interest should also accrue until the note converts into equity or is paid out at the sale of the company. The purpose of interest in a convertible note is to appreciate the time value of money — not to pay the investor interest with his or her investment money.

Preferred Stock 73

Preferred Stock Dividend Equity Stock 73