Both Sides of the Table

SEPTEMBER 2, 2009

This is part of my ongoing series “ Start Up Advice &# but I’d really like to call this post, “VC Advice.&#. Coupled with my participating preferred from 1999 and 2000 I had more than $55 million of liquidation preferences. It’s that simple. Many term sheets ensued. Tweet This Post Facebook.

founder

TechCrunch

APRIL 3, 2022

So when Goldman Sachs announced this week it was buying NextCapital – a fintech company that provides automated advice to corporate retirement plan participants – my ears perked up. At the height of the dot.com boom in the first quarter of 2000, the bank had invested in a record 53 startups. Well, that’s it for this week.

startup

Both Sides of the Table

JANUARY 31, 2010

We raised a seed round of capital in 1999 and our first venture capital round was the first week of March 2000 (e.g. But this was early 2000 and our US competitors had already closed rounds North of $45 million. We had a $40 million round lined up to close in the Autumn of 2000. Our first big institutional round was $16.5

entrepreneurs

Both Sides of the Table

JANUARY 31, 2011

My SVP of Sales & Marketing quit 30 minutes before an important board meeting. Our advice is what helped them target the right market, hire the right team, build the right products.&# And there are some delusional people who really believe it. And that’s what it’s like – all superlatives.

entrepreneurs

Both Sides of the Table

SEPTEMBER 29, 2009

Just ask anybody who was trying to close funding the fateful week of September 11, 2001 or even March 2000. They should heed the age old advice that raising slightly more money while you can is always better than trying to optimize future valuations. disclosure: I am thankfully no longer on this board).

VC

Both Sides of the Table

JANUARY 22, 2011

My SVP of Sales & Marketing quit 30 minutes before an important board meeting. Our advice is what helped them target the right market, hire the right team, build the right products.&# And there are some delusional people who really believe it. And that’s what it’s like – all superlatives.

entrepreneurs

Berkonomics

JULY 8, 2021

The organization, like Vistage, manages roundtables of CEOs meeting monthly in small groups, where they discuss their mutual challenges and help solve each other’s complex problems, acting as an informal board of advisors. I contribute my two cents of advice, as do the others in the group. How do roundtables operate?

advice

Both Sides of the Table

JANUARY 16, 2012

There is all sorts of advice on the Internet about how to raise capital. I raised money as an entrepreneur, like you, in 1999, 2000, 2001, 2003 and 2005 for two different companies. I’ve tried to make this advice as well-rounded and biased free as I can. So they go out of their way to offer advice and introductions.

strategy

Both Sides of the Table

MARCH 11, 2010

It’s like adding rocket fuel to space ship before you’re sure that it’s pointing in the right direction for take off (or even if all of the people on board are qualified to take this into outer space). Tags: Entrepreneur Advice Raising Venture Capital Start-up Advice Startup Advice.

startup

Both Sides of the Table

JUNE 27, 2011

Be careful about this advice. And these ideas have ways of seeping into board discussions with portfolio companies as in, “have you ever thought about trying A, B or C? I know because I did this in early 2000. They think that only by being open and testing your ideas in an open marketplace can you be successful.

startup

Both Sides of the Table

MARCH 17, 2012

They are in a board meeting with clients. 1 week later the market crash of 2000 began and the dot com market began to collapse and financings with it. We take a half a day to agree the points and send them over. Seems like the term sheet will be done in a day or so. The other law firm gets the docs. They’re traveling that day.

real estate

Berkonomics

DECEMBER 31, 2014

The organization, like Vistage, manages roundtables of CEOs meeting monthly in small groups, where they discuss their mutual challenges and help solve each other’s complex problems, acting as an informal board of advisors. I contribute my two cents of advice, as do the others in the group.

advice