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What Did I Learn From the First VC Check I Ever Wrote?

Both Sides of the Table

I became a VC 12 years ago in 2007 when the pace of deals was much slower. Defensible IP When I’m asked by newer, younger VC partners for advice on our sector, one of the things I always emphasize is looking for companies who have built defensible intellectual property (IP). Defensible IP becomes insanely valuable?—?particularly

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What Are We Talking About When We Talk Valuation?

Tech Zulu Event

A little background: 409A valuations are named for the section of Internal Revenue Code Section that created them in 2007. Do you see the overlap with the factors that come into play for equity valuations? Recent equity sales i.e., comparables. What impacts a company’s 409A valuation: Company milestones. Strategic partnerships.

IP 40
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This Week in VC: Michael Montgomery (President, Montgomery & Co.)

Both Sides of the Table

Michael is a very accomplished corporate executive in his own right having run Sega Gameworks and helped IPO EuroDisney as well as having been on the founding team of DreamWorks SKG (where he helped them raise their first $900 million in equity). Founded in 2007 by Oxford Univ. We discussed: 1. TechCrunch. GroupSpaces. students. -Is

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

by Michael Woolf that is worth any startup founder reading to get a sense of perspective on the reality warp that is startup world during a frothy market such as 1997-1999, 2005-2007 or 2012-2014. So money spent should add equity value or create IP that eventually will.

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Roping in the Legal Eagles

InfoChachkie

Some startup attorneys will accept a portion of their initial fees in the form of equity. When you hit the inevitable bumps in the road, a lawyer who has an equity stake in your business is more likely to be flexible with respect to payment terms and more willing to give you quick, off-the-clock feedback and guidance.

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Interview: Venture Capitalists On Pitching

socalTECH

We brought together Peter Cowen of Groundwork Equity , Mark Suster of GRP Partners , Rick Smith of Crosscut Ventures , and Richard Yen of Saban Ventures -- all of who will be on the judging panel for the Tech Coast Angel's Fast Pitch on February 24th, to give us a their hints and tips about pitching to venture capitalists.