Term Sheet Math — When Is Your 66 Percent Really 52 Percent
Good overview of dilution by my friends at Foley. When negotiating valuation for a financing, an investor may conduct detailed due diligence and then present you with a term sheet that reflects...
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A term sheet that you can actually read and understand. Hmm…
Even super-smart guys can get confused over term sheets when raising capital. London-based Passion Capital put in place a term sheet that anyone can understand. You can see it here. The post A term...
View ArticleTech company valuation for noobs, and how to sound cool when talking about it
I recently had a conversation which seems to repeat itself time and again — an entrepreneur wants to start a business, calls me for some basic advice, and then we get into some of the details....
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Of course we’re in a bubble. Duh.
Of course we’re in a tech bubble. But at what part? The early part? The late part? What concerns me is that the biggest argument I hear for the “it’s not 2000” is this one: Back then, those were not...
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Where the unicorns are
Unicorns — private companies that have a valuation over a bill — are not just in the US (the whole unicorn phenomena is a new one, part of the bubblelicious experience.) CB Insights has some...
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A trip down memory lane — Robertson Stephens commercials from 2000
(Note: there seems to be an intermittent WordPress problem displaying these YouTube videos on the main blog site. If you have trouble, you can access them directly here.) I remember seeing this...
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