ReOverThinking

[...] the attitude of the firm that you are going to partner with on your start-up. And remember that VC firms are (almost always) partnerships which means that, in general, it really helps to have broad [...]

[...] the attitude of the firm that you are going to partner with on your start-up. And remember that VC firms are (almost always) partnerships which means that, in general, it really helps to have broad [...]

[...] company has raised two rounds of funding (Series A and Series B Preferred) from a total of 3 VC firms and one individual investor.  There are two founders and one early employee that had common [...]

[...] that will almost certainly involve multiple meetings over weeks if not months. For larger VC firms, you will not receive a term sheet until you’ve run the gauntlet of their Monday partner’s [...]

[...] investment; this common stock is listed separately from issued options and the available stock option pool. NOTE:  There is only one input cell on the summary sheet: the number of shares in the [...]

[...] trends, projections for the same going forward, current equity situation (who owns what, option pool, near-term option usage), and current cash position. …Cover these items clearly and you& [...]

[...] (such as an acquisition of NewCo), the unissued option pool will be canceled and the percentage ownership will be equal to the percentage outstanding. With [...]

[...] trends, projections for the same going forward, current equity situation (who owns what, option pool, near-term option usage), and current cash position. …Cover these items clearly and you’ll be [...]

[...] improves firms’ abilities to engage clients — affluent ones, especially. All three of the financial firms represented are using social media to listen to even the most sophisticated investors and [...]

[...] firms’ abilities to engage clients — affluent ones, especially. All three of the financial firms represented are using social media to listen to even the most sophisticated investors and [...]

[...] an overly lean mentality as the company scales up can, however, have drawbacks.  As early-stage start-ups execute well, their success brings added complexity to the business.  If these new [...]

[...] (optional) As much as I hate to say it, I consider this slide optional.  For very early-stage start-ups, this slide will be too difficult to create because of the breadth of reality and [...]

[...] (optional) As much as I hate to say it, I consider this slide optional.  For very early-stage start-ups, this slide will be too difficult to create because of the breadth of reality and vision [...]

[...] outstanding. With a large option pool, the difference between the two resulting ownership percentages can be significant. On the summary sheet: A good rule of thumb for who should be [...]

[...] returned to their limiteds against the size of the fund raised…and consequently ownership percentages in their portfolio companies at the time of exit.  Given this, it’s reasonable to [...]

[...] returned to their limiteds against the size of the fund raised…and consequently ownership percentages in their portfolio companies at the time of exit.  Given this, it’s reasonable [...]

[...] outstanding. With a large option pool, the difference between the two resulting ownership percentages can be significant. On the summary sheet: A good rule of thumb for who should be [...]

[...] deal but they resonated strongly in an early, competitive market. Slide #6: Market + Market Context Why is your market interesting?   How large is the market and the opportunity in [...]

[...] can make your pitch MUCH more focused and detailed because they already have the market context. Clearly, if the firm has a competitive investment, it’s probably not a good idea to [...]

[...] – which can make your pitch MUCH more focused and detailed because they already have the market context. Clearly, if the firm has a competitive investment, it’s probably not a good idea to [...]

[...] won the deal but they resonated strongly in an early, competitive market. Slide #6: Market + Market Context Why is your market interesting?   How large is the market and the opportunity in [...]

[...] as you are starting a set of discussions that could turn into negotiations if your potential investor turns into your actual investor. In this slide, a little background is very helpful.  [...]

[...] finesse as you are starting a set of discussions that could turn into negotiations if your potential investor turns into your actual investor. In this slide, a little background is very helpful.  [...]

[...] board presentation; 3. The current start-up planning post. Swing thought:   Experienced, early-stage investors get excited by the following: Visionary, experienced entrepreneurs… Solving a valuable [...]

[...] presentation; 3. The current start-up planning post. Swing thought:   Experienced, early-stage investors get excited by the following: Visionary, experienced entrepreneurs… Solving a [...]