Archive for the ‘Funding’ Category
Tuesday, October 14th, 2008 It’s mid-October and there’s been a good deal of traffic regarding the market and its impact on venture-backed companies. Several of these pieces have received broad distribution and have trickled down, perhaps to unintended and inappropriate recipients. I think they’ve exacerbated the warranted alarm brought on by the public markets.Early-stage ...
Posted in Funding, Press Release | 3 Comments »
Saturday, September 27th, 2008 Do I need to tell you about the importance of financial planning? Sheeesh, I hope not. Without a reasonable outlook, you don’t know how much money to raise now or when to start working on the next round or when to begin recruiting for needed positions.
Time Horizon
There are two time ...
Posted in Funding, Operations, Press Release | Comments Off
Thursday, May 29th, 2008 One the most common discussions we have with entrepreneurs relates to valuation of their A round. Series A stock is quite difficult to value - the company typically has no revenues, the team is incomplete, the story is compelling. These factors mash against each other on the whiteboard ...
Posted in Funding | 1 Comment »
Monday, May 12th, 2008 Ahhhh, convertible notes. So easy to use, such a comfortable way to avoid the “v” discussion (valuation), so simple to understand. But why aren’t they universally loved?Let’s think about convertible notes in two classes – standard and “true convertibles”. Standard notes are used more often than ...
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Tuesday, April 22nd, 2008 For those of us who work regularly with the venture community, we take certain rules or behaviors for granted. I’m occasionally blindsided by an entrepreneur’s (completely reasonable) questions or false assumptions about how to handle venture meetings. It’s been said, and rightfully so, that I’m a fan of ...
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