Remove Equity Remove IP Remove Seed Funding Remove Writing
article thumbnail

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

Both Sides of the Table

We not only have our Series A funds that can write $500k?—?$15 15 million first checks but we also have three growth funds. If you invest early and then pull back in the next 3 rounds your multiples on cash invested are much higher than if you keep writing checks. Defensible IP becomes insanely valuable?—?particularly

article thumbnail

Some Career Advice for Aspiring Tech CEOs

Both Sides of the Table

” It was meant both as a call to those writing angel checks into other people’s companies that they ought to think about putting that capital toward themselves either by becoming a startup founder or (and this was my real point) by taking an under-market salary in a company where they can learn the right skills to do it in the future.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What is it Like to Negotiate a VC Round?

Both Sides of the Table

” Today I want to talk about how a VC thinks about equity pricing on your round and particularly if you’re coming off of a convertible note. In the old days there usually weren’t convertible notes on early-stage deals and there weren’t party rounds with 20 angels or 6 seed funds. It’s very simple.

article thumbnail

What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

So money spent should add equity value or create IP that eventually will. If you have raised a limited amount of money from angels, accelerators or seed funds be very careful about having a high burn rate. I am not suggesting these are bad sources of capital – they are not.

Startup 383
article thumbnail

Top 120 Startup Posts for 2010

SoCal CTO

Both Sides of the Table , July 22, 2010 An updated Digital Trends presentation - Jeff Hilimire , June 2, 2010 I do what I hate - Jessica Mah , January 7, 2010 Startup Equity Allocation - charliecrystle.com , January 11, 2010 When good investment decisions end up backing more women CEOs: Conversation with Cameron Lester at Azure Capital.

Startup 378