Both Sides of the Table

JANUARY 3, 2016

In the VC insider baseball world a discussion has gone on about “VC platforms” over the past 5 or so years. While firms define platforms differently, let’s just say they are the services that a VC offers outside of investment capital and partner time on boards or providing intros.

VC 198

VC peer-to-peer mix-use leadership 198

Both Sides of the Table

SEPTEMBER 22, 2012

” This is a frequent theme of mine when asked to speak to audience about the VC industry. And this is fueled by the VC culture in Silicon Valley. I was recently talking to a VC about a business I was looking at and I was asking whether he found the business interesting, too. It is VC math, like it or not.

startup 390

startup VC venture capital entrepreneurs 390

Both Sides of the Table

AUGUST 17, 2009

This is part of my ongoing series “ Pitching a VC “ There’s a great meme developing this morning on the need to simplify funding terms and documents. They eventually took money from non-traditional VC based in the UK. Tags: Pitching VCs Start-up Advice. I have this mentality, too.

founder 252

founder pitching VC advice 252

This is going to be BIG.

SEPTEMBER 19, 2012

Back when I was pitching my previous startup to investors, it had never really dawned on me that they had experienced what I was going through--and that a VC firm was essentially a startup. VCs pitch for money, too. No one ever thinks about VCs having to pitch, who they pitch to, or how it works.

ventures 280

ventures pitching VC startup ecosystem 280

Dream It

APRIL 7, 2020

Expect quick loan application processing once banks formalize their processes Work with specific investors and your law firm on affiliation to address specific problematic covenants, if your company is VC-backed. What protective provisions are VC firms willing to forgo to ensure that my company doesn’t get deemed as affiliated?

startup 348

startup communities VC ventures 348

Both Sides of the Table

JANUARY 19, 2010

I’m writing this post as part of my series with Advice on Raising Venture Capital but will file it under Sales Tips as well since it applies equally to both scenarios. You’ve found a VC partner or principal who has invited you to the Monday partners’ meeting. This happens often is sales meetings or VC meetings.

advice 318

advice VC pitching venture capital 318

Both Sides of the Table

MAY 13, 2013

And precisely because buyers usually prefer to have limited money go to investors – investors almost always have the ability to say “no” to transactions in the terms of their funding documents (aka “blocking rights”). I’m a VC. Startup Advice' Acquihires and Venture Capital.

strategy 357

strategy venture capital advice entrepreneurs 357

Both Sides of the Table

OCTOBER 22, 2009

This is part of my ongoing posts on Startup Advice. Please don’t also confuse this with whether a VC should invest in a CEO who’s done it before – that’s a given. My advice: don’t. I was able to hire the former European head of sales for the largest document management player in the world.

startup 327

startup advice SaaS consulting 327

Both Sides of the Table

JULY 19, 2011

And yes, VC’s, too. You thought it was going to be as easy as just having term sheet transferred to a longer form document. But every freakin’ week there are delays in getting the lawyers to “turn around&# the documents. Negotiate directly with your VC or acquirer with lawyers present in the room.

real estate 319

real estate VC pitching entrepreneurs 319

TechCrunch

MAY 28, 2022

” The document reads like a follow-up course to its infamously ill-timed “Coronavirus: The Black Swan of 2020” memo of March 2020. ” Sequoia’s advice largely followed the same script that other venture firms have been using: extend runway, focus on sustainable growth and recognize that an economic recovery may be a ways away.

VC 123

VC advice entrepreneurship sustainability 123

Both Sides of the Table

JANUARY 21, 2010

Founded it as a California LLC but your potential VC wants a Delaware C-Corp? I recently wrote a post on how to get access to VCs and angels where I outlined why lawyers are such an important tool for VC introductions. Tags: Entrepreneur Advice Start-up Advice Startup Advice. Our lives are intertwined.

startup 318

startup advice entrepreneurs VC 318

Both Sides of the Table

SEPTEMBER 5, 2012

.” I applaud all efforts by people to take on this issue and especially be Adeo who – let’s be honest – was really the first champion of trying to make the VC world more transparent by launching TheFunded, which didn’t exactly endear him to VCs initially. They’ll get priced soon enough by a VC.”

startup 354

startup VC entrepreneurs financing 354

Both Sides of the Table

NOVEMBER 20, 2012

I want to make sure that my sixth year as a VC doesn’t just become an automatic continuation of what I’ve done in my first 5 years. This can be your star Chief Architect who loves to code but hates having to handle the admin like testing, documentation, recruiting, etc. I don’t want to be on autopilot.

creativity 400

creativity venture capital entrepreneurs board 400

Both Sides of the Table

SEPTEMBER 8, 2012

I would never as a VC fund a round and then expect somebody else to pay a higher price right after me. I also would never expect another VC to do that to me. Especially if it was memorialized in the documents why you were doing it. For the most part I agree with Fred. You can do it with equity & a price.

financing 294

financing finance pitching VC 294

Entrepreneur's Handbook

JUNE 21, 2022

You’ll receive the best practical startup advice straight to your inbox every week. In this week’s edition, we discuss: Approaching the funding raising process from a VCs point of view The future of cryptocurrency in 2022 Is your side hustle profitable or a waste of time? That way, you can anticipate questions that a VC might ask.

VC 86

VC startup advice media 86

TechCrunch

FEBRUARY 14, 2023

I surveyed six seed- and early-stage investors to get their tactical advice for laid-off tech workers who are thinking about starting up. You never know, the VC who passes on your pitch may recommend you to a founder that’s building a team. “IP is important to us. .”

advice 91

advice pitching startup ventures 91

Both Sides of the Table

NOVEMBER 3, 2010

Additionally, we standardized the “allowance rates&# for services such as document storage, maximum numbers of users and we created more standardized packages of features that constituted an “up-sell&# to a our premium offerings. Tags: Startup Advice. A good demo tells a story.

advice 296

advice SaaS startup pitching 296

Both Sides of the Table

JUNE 13, 2011

You just have to deal with some insufferable VCs and journalists for a while. It is the same movie I saw 10 years ago when every VC would say to me, “yeah, I get that you’re an online document sharing service, but what’s going to happen when Microsoft enters the market? They risk little but of course knew better all along.

innovation 325

innovation VC networking disruption 325

Both Sides of the Table

FEBRUARY 7, 2011

One of the great joys of doing the web series This Week in VC every week is that I get to spend time with great people debating the issues of our day including how our industry is evolving as well as insights into how companies got started, got their initial traction and dealt with adversities. Oh, yeah.

board 286

board culture VC education 286

David Teten VC

AUGUST 19, 2019

Does the traditional VC financing model make sense for all companies? VC Josh Kopelman makes the analogy of jet fuel vs. motorcycle fuel. VCs sell jet fuel which works well for jets; motorcycles are more common but need a different type of fuel. . Absolutely not. So what is Revenue Based Investing?

founder 99

founder investing investment VC 99

Both Sides of the Table

FEBRUARY 20, 2019

This is smart because amazing board members can be transformative with important advice and access and can also help attract other great board members (and team members). Further, if you don’t trust that VC to serve on your board then why would you take money from them in the first place? Not really. Is it possible that you get fired?

board 236

board startup venture capital financing 236

Both Sides of the Table

NOVEMBER 7, 2009

I’m sure I’ll spark the ire of some VC’s for saying so, but there is certainly such a thing as black-out days in venture capital. It is also very hard to raise VC from July 15 – September 7th. (you The VC process is almost universal in how it works across firms. Many VC partners take 2-3 (4?)

VC 304

VC venture capital advice capital 304

Onevest

MARCH 19, 2015

Even the more realistic projection, $300 billion , is 10 times the current VC investment market. Similarly, templates for introducing legislature, organizing crowdfund campaigns, and total disclosure documents are circulating, helping to streamline the entire process. Onevest does not give investment, legal or tax advice.

advice 189

advice investing investment startup 189

TechCrunch

DECEMBER 16, 2022

Similarly, “everyone needs 18-24 months of runway” is a nice motto, but when it takes three times longer to raise a round than it used to, it may no longer be useful advice. The rules of VC are changing: Here’s what founders should be considering in the new era. Thanks very much for reading TC+ this week, Walter Thompson.

VC 86

VC pitching frameworks health 86

Berkonomics

MARCH 28, 2024

They write in their investment documents that they will occupy a seat on the board for as long as they are invested in the company, thinking of this as a protection for their investment and tool for them to influence growth. All other board functions are secondary. Well, how far should a board member go?

board 112

board advice education VC 112

This is going to be BIG.

JANUARY 18, 2024

They might have a more flexible time horizon than a VC because the money doesn’t come from a fund with a limited lifespan. One of the biggest downsides I’ve experienced when you deal with non-VCs is the addition of non-standard terms to a deal, especially when they use a lawyer who doesn’t typically work on venture deals.

investing 221

investing investment startup real estate 221

TechCrunch

OCTOBER 22, 2020

But in recent years, corporate docs are being drawn up in English to facilitate communication both inside Switzerland’s various language regions and foreign capital, and investment documentation is modeled after the U.S. Today, pitch competitions, incubators, accelerators, VCs and angel groups proliferate. Andreas Iten , partner, F10.

startup 144

startup ecology education ventures 144

David Teten VC

MARCH 8, 2022

But I also invested in a number of VC funds in parallel. VC is truly a very separate, unique and complex asset class that requires real expertise to achieve returns. For an FO looking to start making direct VC investments, investing in and forming a deeper partnership with a VC fund (or several) makes a lot of sense.

investing 105

investing investment technology VC 105

Both Sides of the Table

MAY 20, 2018

In the case of the investment they are often also not only committing personal risk of looking bad at their partnership if things don’t go well but also countless hours of board meetings, financial reviews, legal documents across what is often 7–10 years or more. This is part of a series on fund-raising advice for entrepreneurs and VCs.

peer-to-peer 189

peer-to-peer entrepreneurs VC investing 189

TechCrunch

DECEMBER 19, 2022

Musk says a lot of things, and then says some more things, so we’ll see if he actually takes his advice and abides by the results of the poll. First, the company addressed official documents with a DigiLocker integration to the Files app , and said that India’s regulations should provide legal and innovation certainty to firms.

VC 98

VC venture capital founder advice 98

TechCrunch

MARCH 28, 2022

I took the advice from someone in Silicon Valley who told me ‘You need a C Corp…that’s what we invest in,’” Requarth told TechCrunch. It started by documenting the process to create Latitud. “We We discovered it cost about $30,000 to hire three different law firms to create the right structure so we can attract VC from the U.S.,”

ventures 85

ventures real estate entrepreneurship advice 85

Berkonomics

MAY 23, 2024

Here is my best advice, based upon many boards and many years. You do not pay professional investors who are serving on behalf of an investment company or VC and paid by that company. VC board members sometimes request this, other times do not. It should not be offered to the VC members unless requested.

board 62

board VC consulting advice 62

Both Sides of the Table

FEBRUARY 24, 2019

This is important because when you have too many VCs on a board you only bring one kind of thinking to the board. Independents are critical to avoiding “VC group think.” They also get huge value from somebody who has run a large business and dealt with scaling challenges more than any VC on the board ever has.

board 187

board peer-to-peer VC funders 187

TechCrunch

AUGUST 12, 2022

Few managers have overseen a reduction in force, which is why Nigel Morris, co-founder and managing partner of QED Investors, has been sharing a five-page document with his portfolio company CEOs to give them guidance. “We Last year, that figure rose to $20 billion after efforts to limit the spread of COVID-19 impacted students of every age.

pitching 79

pitching advice education energy 79

Entrepreneur's Handbook

JANUARY 4, 2024

The head VC guy seems a little bit… weird. Early-stage VCs and investors have one objective, finding hero startups in the sea of zero ones, the ones that will eventually turn into a zero-dollar valuation sooner or later. A great VC will identify the teams that are capable of creating a hero in the future, and bet on them.

startup 102

startup VC pitching sustainability 102

TechCrunch

SEPTEMBER 7, 2022

Edda was founded initially as Kushim VC back in 2017 , but the company has just completed its official rebranded to Edda, while it has also announced $5.8 ” Edda supports this by serving as a centralized conduit for investors to upload documents, keep LPs up-to-date about deals, generate reports, share statistics, and more.

collaboration 74

collaboration investing investment opportunity 74

David Teten VC

DECEMBER 3, 2019

I use another live Google doc to maintain my database of companies I’m marketing to other VCs. That Google document provides cut and pasteable text I can share with other investors, based on their stage, focus, and appetite. . 3) Raise capital. She answered, ‘We see a lot of deals.’ Her answer? ‘I I chose my words very carefully.

technology 95

technology investing investment VC 95