Both Sides of the Table

JULY 22, 2010

Back in 1999 when I first raised venture capital I had zero knowledge of what a fair term sheet looked like or how to value my company. I just want to figure out what a fair valuation is.&# I figured all the VC’s talked so we should. But this example above is all entrepreneur math, not the VC’s.

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Venture Capital Pricing Startup Funding 405

SoCal CTO

MARCH 12, 2007

skip to main | skip to sidebar SoCal CTO Monday, March 12, 2007 MyShape Article - Analyst Misses the Point The NY Times did a piece today on MyShape, a start-up in Pasadena - Log in Your Measurements, and the Clothes May Fit. Technology Advisor Technology Roles in Startups Pricing Customer Acquisition Sunk Costs and More -.

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MyShape CTO Coach Southern California CTO Hire 150

Both Sides of the Table

JUNE 3, 2010

This was really a fun week at TWiVC because we decided to have an entrepreneur come and talk about raising capital rather than having a VC come on. In particular I tried to do most of the “entrepreneur advice on VC” up front so that if you don’t want to watch our views on the deals you don’t have to. OTHER DEALS: 1.

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Venture Capital Startup Design S3 214

Both Sides of the Table

MAY 4, 2013

When I was new at Venture Capital I was trying to figure out the business. What price? As a VC you want to feel like you have “proprietary sources” of deal flow. There is one source I never liked and no early-stage VC should – investment bankers. They are venture bankers not investment bankers.

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Startup Venture Capital Pricing Technical Review 361

InfoChachkie

NOVEMBER 23, 2015

A version of this article previously appeared on Forbes. There are a number of reasons why Rincon Venture Partners passed on Twilio’s Seed Round. VC's love to talk about their successes. Yet most VC's bury their failures under six feet of denial. As noted in What Does VC Traction Really Mean? , > -jeff.

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Venture Capital Technical Review Software Review Southern California 100

Both Sides of the Table

OCTOBER 12, 2014

New investors sometimes want early investors to put in money to “prove” they have confidence in the new price. Plus, many VC rounds traditionally didn’t guarantee angels prorata rights unless they were “major investors” which often means they wrote large checks in the angel round. Thus begins the dance.

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Guide Venture Capital Startup Writing 336

SoCal CTO

MARCH 9, 2007

skip to main | skip to sidebar SoCal CTO Friday, March 9, 2007 Map of VC Investments Found this Map of 2006 VC Investments post. Technology Advisor Technology Roles in Startups Pricing Customer Acquisition Sunk Costs and More -. Some very interesting graphics including this heat map: Very cool visualization tool!

Venture Capital 150

Venture Capital Invest CTO Coach Southern California 150

TechCrunch LA

MAY 25, 2019

Hello and welcome back to Startups Weekly, a newsletter published every Saturday that dives into the week’s most noteworthy venture deals, fundraises, M&A transactions and trends. More Labs, for example, is backed with $8 million in VC funding. Let’s take a quick moment to catch up. Fundraising.

Startup 223

Startup Venture Capital Newsletter Tips 223

InfoChachkie

FEBRUARY 29, 2016

A version of this article previously appeared on Entrepreneur.com. As discussed in Why I Passed On Twilio , VC's love to talk about their successes, but seldom publicly acknowledge their mistakes. It is far more detrimental to one’s returns to make investments in companies which fail to return capital. It’s worse than that.

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Venture Capital Email Invest Services 100

Startup Professionals Musings

FEBRUARY 21, 2015

According to articles on Entrepreneur last year, there are now almost 1,000 crowdfunding platforms in existence, currently estimated to add more than $65 billion and 270,000 jobs to the economy. With this model, a startup pre-sells their product early, at a cheaper price, in exchange for a pledge. Product pre-order model.

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Venture Capital Angel Satisfaction Equity 108

socalTECH

NOVEMBER 12, 2012

For our Insights and Opinions section on a quiet holiday Monday, we're featuring some background on the concepts behind anti-dilution and how it's used by venture capital firms in fundings. Read the full article at A Primer On Anti-Dilution. This piece comes from Louis Wharton , Partner with Stubbs Alderton & Markiles, LLP.

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Venture Capital Pricing Equity Invest 149

Both Sides of the Table

MAY 5, 2013

.” In the article I discussed the downside of raising capital at a too high of a price and referred people to a previous article I had written encouraging founders to raise “ At the Top end of Normal ” as opposed to stratospheric prices. And most VCs are over-whelmed with deals.

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Pricing Seed Funding Invest Venture Capital 302

Both Sides of the Table

FEBRUARY 16, 2017

Benchmark deserves the biggest credit for writing a $12 million check at what then seemed a healthy price to get into Snapchat. My job as a VC isn’t to beat myself up or any other partner up for the one deal we didn’t do. That’s a benefit for us as a local VC. But local VCs don’t deserve to get beat up for not investing.

Snapchat 214

Snapchat Invest Technical Review Dollar Shave Club 214

Both Sides of the Table

JUNE 5, 2011

This article originally appeared on TechCrunch. 2 preamble issues having read the comments on TC today: 1: I know that the prices of startup companies is much great in Silicon Valley than in smaller towns / less tech focused areas in the US and the US prices higher than many foreign markets. I acknowledged this in the article.

Startup 336

Startup Pricing Technical Review Marketing 336

Both Sides of the Table

SEPTEMBER 29, 2013

If you track the venture capital industry it would be hard to miss the conversation going on this week over AngelList “Syndicates.” My favorite new VC blogger, Hunter Walk, weighed in with some thoughtful comments about how Syndicates might actually pit, “ angel vs. angel.” Bowery Capital).

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Venture Capital Invest Course Technical Review 356

InfoChachkie

NOVEMBER 3, 2011

As the authors make clear in the book’s preface, their goal is to create a “definitive guide to venture capital deals” and “demystify the venture capital financing process.” free weekly Infochachkie articles! A VC who won’t spell out key employment terms at the beginning is a big red flag.”

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Venture Capital Entrepreneur Writing Guide 205

Both Sides of the Table

NOVEMBER 14, 2010

I pointed to several Economist articles I had read that mapped historical prices of real estate for 400 years and how on average property values grow at no more 1.5% above inflation yet in many markets in the US & Europe prices were rising at 10-25% per year. And it’s driving up prices beyond their inherent value.

Invest 299

Invest Angel Technical Review Venture Capital 299

Xconomy

SEPTEMBER 19, 2016

Amid the hue and cry over the Mylan EpiPen pricing debacle , Hillary Clinton unveiled her “ Plan to Respond to Unjustified Price Hikes for Long-Available Drugs. ” Clinton’s plan calls for “dedicated oversight to protect consumers.” That dependence on price increases won’t change any time soon. It has started.”

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Pricing Competition Blogging Journal 40

Both Sides of the Table

SEPTEMBER 28, 2014

In that article I linked to I outline the difference between gross margin & net margin. ” Stay lean and only raise a big round if you DO find product / market fit and which point you want to loosen the belt quickly and raise the capital to do so. .” I wanted to call out special attention to valuation in this debate.

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Startup Company Companies .Net 383

Both Sides of the Table

AUGUST 1, 2010

There has been much discussion about VCs doing seed funding in the past year. I’ve written about it myself (Is VC Seed Funding Dead?) and (Is There Really a Signaling Problem with VC Seed Funding?). There is a structural reason that VCs are investing at early stages, 2. Short summary of my posts: 1.

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Seed Funding Funding Venture Capital GRP Partners 298

Both Sides of the Table

MAY 23, 2012

This article originally ran on PEHub. Many observers of the venture capital industry have questioned whether its best days are behind it. I can’t help feel a bit of rear-view mirror analysis in all of “VC model is broken” bears in our industry. They are, in fact, great news for traditional venture capitalists.

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Venture Capital Capital Technical Review Startup 347

TechCrunch LA

MARCH 31, 2021

The sweeping infrastructure package put forward today by President Joe Biden comes with a price tag of roughly $2 trillion (and hefty tax hikes) but gives startups and the broader tech industry about $1 trillion worth of reasons to support it. ” Climate resiliency . Given the steady drumbeat of climate disasters that hit the U.S.

Startup 229

Startup Technical Review Invest Research 229

Startup Professionals Musings

OCTOBER 19, 2022

According to a classic article on Thrinacia , there were over 600 crowdfunding platforms in existence then, estimated to add more than $89 billion to the economy at a compound growth rate of 17% from 2019 to today. With this model, a startup pre-sells their product early, at a cheaper price, in exchange for a pledge.

Funding 141

Funding Startup Outsource Development Satisfaction 141

InfoChachkie

JANUARY 16, 2018

A version of this article previously appeared Forbes. Without taking a dime of outside capital, the company has achieved impressive success in a competitive, SaaS market segment, landing companies such as Nike, Intuit, NASA, AutoDesk and PBS. Jim Semick (left) with his Co-Founder, Greg Goodman. Semick: Thanks John, it was fun!

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Venture Capital Entrepreneur Santa Barbara SaaS 115

Both Sides of the Table

DECEMBER 27, 2011

I find it amusing when a journalist writes an article about a prominent startup (either privately held or preparing for an IPO) and decries that, “They’re not even profitable!” Do you imagine eventually raising VC and trying to build a faster growing company?” One of them is profitability.

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Startup Venture Capital Sales Technical Review 418

Both Sides of the Table

SEPTEMBER 15, 2010

This is the third article in a series on what it takes to be a great angel investor (and why this should matter to entrepreneurs). This is where VC comes in and why it’s needed in the industry no matter how much populist sentiment exists against the VC industry. got picked up early without raising a lot of VC.

Invest 284

Invest Angel Venture Capital Startup 284

TechCrunch LA

APRIL 16, 2019

Kindbody charges patients $6,000 per egg-freezing cycle, a price that doesn’t include the cost of necessary medications but is still significantly less than market averages. ” Kindbody’s pricing scheme may itself instill fear in incumbent fertility clinics. “We are women designing for women.

Mobile 167

Mobile Pricing Social Network Los Angeles 167

Both Sides of the Table

JULY 16, 2013

If you are a super young, well-connected, Stanford CS or EE, worked at Facebook early, have a bit o’ dosh and have VCs chasing you … you are exempt. My VC told me that if we monetize too early we will scare away our nascent marketplace and not grow as fast. Your VC is right. Or anybody who remotely resembles you.

Venture Capital 412

Venture Capital Startup Funding Snapchat 412

Both Sides of the Table

JANUARY 14, 2014

It’s why the first company I ever invested in as a VC – Invoca – just announced a $20 million funding by Accel Partners. I’m sure you’ve heard the meme that “email is dead” – if fact if you Google it you’ll find a long list of articles that will mislead you. THE FULL STORY.

Email 339

Email SaaS Venture Capital Google 339

Both Sides of the Table

MAY 13, 2013

Many buying companies price these deals on the basis of $1 million per engineer on the team for an early-stage deal. Acquihires and Venture Capital. I’m a VC. But that’s not how you make money in the venture capital business. Chief Vesting Officers)? The Aqui-hire Business. Change industries.

Press 357

Press Startup Yahoo Venture Capital 357

Both Sides of the Table

SEPTEMBER 25, 2011

All it says is that the VC has the right (but not obligation) to invest his/her proportional ownership in the next round of financing. So at the time that the initial VC funds you they’ll be thinking about protecting this right as depicted in the graphic below. A primer on “pro-rata” rights. Why would this happen?

Entrepreneur 310

Entrepreneur Venture Capital Writing Invest 310

Both Sides of the Table

MAY 21, 2019

It’s encouraging to know that there are still great VC firms like KV that are looking to make these short of big bets on shaping the future. I also wrote an entire series on the topic of Startup Boards if you want to do any more reading that link has several articles you can dig into. Below is just the highlight points.

Startup 234

Startup Slides Venture Capital Course 234

Startup Professionals Musings

JANUARY 20, 2020

According to a recent article on Thrinacia , there are now aver 600 crowdfunding platforms in existence, currently estimated to add more than $89 billion to the economy at a compound growth rate of 17% from 2019 to 2022. With this model, a startup pre-sells their product early, at a cheaper price, in exchange for a pledge.

Entrepreneur 129

Entrepreneur Outsource Development Satisfaction Equity 129

Both Sides of the Table

SEPTEMBER 14, 2010

This is the third article in a series on what it takes to be a great angel investor (and why this should matter to entrepreneurs). This is where VC comes in and why it’s needed in the industry no matter how much populist sentiment exists agains the industry. got picked up early without raising a lot of VC.

Invest 152

Invest Angel Venture Capital Startup 152

InfoChachkie

JULY 28, 2015

A version of this article previously appeared in Forbes. If you haven't already subscribed yet, subscribe now for free weekly JohnGreathouse.com articles! Even the eccentric King of Pop communicated the price he was willing to pay for Neverland. Our response was that there was no “price” as our company was not for sale.

Company 100

Company Companies Santa Barbara Pricing 100

Both Sides of the Table

JANUARY 25, 2014

In this article about Tom Perkins in the WSJ you would have had a clue before his recent letter. We have outrage over the rising real-estate prices which these “techno geeks” can pay. The venture capital firm that bears his name. Tech Market Analysis VC Industry' But let me try. Kleiner Perkins.

Education 417

Education Venture Capital UCSD Class 417

Both Sides of the Table

MARCH 21, 2013

This article originally appeared on TechCrunch. it's all in this article if you want the details]. This might mean helping customers buy traffic, arb’ing deals, helping with RTB pricing or trading, etc. Frankly, you’re going to need to drop price a bit anyways. Referenceability is the lifeblood of sales.

Software Review 321

Software Review Software Services Company 321