Both Sides of the Table
MAY 28, 2018
There’s a quick litmus-test conversation any early-stage VC will have with the founder and it’s one that you should be as prepared for as your elevator pitch. It goes something like this … VC: “How much money are you raising?” Founder: “$8–10 million” VC: “What’s your current burn rate?” A VC is looking for reasonableness.
Both Sides of the Table
SEPTEMBER 18, 2014
On the phone … Me: So, you raised venture capital? Convertible notes have both features in them but for some reason entrepreneurs don’t understand it. It’s like we need a finance 101 course for entrepreneurs. It’s like we need a finance 101 course for entrepreneurs. We raised a seed round.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Startup Professionals Musings
MAY 1, 2023
I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a cofounder or two. So, the first question I usually get is what percent of the company or equity is that person worth? Just because it was your idea doesn’t mean you “deserve” 90% of the equity.
TechCrunch LA
JUNE 10, 2020
In response to VCs’ sudden rush to invest in more Black founders , Black venture capitalists and entrepreneurs have penned a bunch of advice on the best way to tap into talent. We cannot make significant progress in advancing racial equity without long-term financial commitment,” Mujhid wrote. Among the strategies?
Berkonomics
JANUARY 6, 2022
First, the marginal exit event: Sometimes the end game or sale of the company is not a happy event for the early investors, including the entrepreneur or the founders. Promissory notes come before any equity, and most late equity investments come before early equity investments, even of the same class of security.
Startup Professionals Musings
NOVEMBER 25, 2020
With the advent and growth of crowdfunding over the past few years, many entrepreneurs have predicted the demise of those demanding angel investment groups and venture capital organizations. These groups are now largely run by volunteers at no cost to entrepreneurs. Lack of checks and balances on startup valuations.
Both Sides of the Table
SEPTEMBER 12, 2010
I recently got an email from a friend who had been approached by a well known VC. “Hi [entrepreneur], I hope all is well. I’m an investor at [Big Name, Large Fund VC] and recently came across [Your Company]. I know the firm well and I know the entrepreneur & his business well. They’re flattered.
Expert insights. Personalized for you.
247 
Let's personalize your content