Financing Document Forms

A VC: Musings of a VC in NYC

Here is Gunderson’s document library. Typically the only thing we all have to agree on is what the cap table will look like before and after the financing so that the correct numbers are put into the documents. Many founders want to do SAFE note financings for their early rounds to save time and money.

If you've ever overpaid for a legal document, sign up for Docracy, First Round's newest investment

This is going to be BIG.

Plus, I'd make the argument that Docracy's initial userbase will be people who otherwise wouldn't have went to a lawyer at all, going without documentation or using something probably not appropriate for them. There's also no reason why you can't pay your lawyer to draft a document, put it up on Docracy for the sake of transparancy, and fork it when you need to make private adjustments for individual situations. That's why it has to charge for its documents.

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Why document your company’s tribal knowledge?


It is not common for the CEO of a rapidly growing company to think of slowing down the furious pace enough to have each manager (including the CEO) document the job process managed, as well as see to the documentation for each process managed below. Examples of documentation by key employees. And it is even more of a challenge to consider documenting the tribal knowledge of a company’s key employees. The processes you and your subordinates follow.

The “Hold Your Nose” theory of legal documentation


Changing the deal that late in the game is nearly impossible, after other investors have already completed their documents and the deal supposedly put to bed. How do you confront the investors who have already agreed to terms and even perhaps signed their documents? Then again, it is those improbable future events that end up causing lawsuits years later, often just because a party to an agreement did not understand the implication of a clause or even a document.

Document your tribal knowledge.


It is not common for the CEO of a rapidly growing company to think of slowing down the furious pace enough to have each manager (including the CEO) document the job process managed, as well as see to the documentation for each process managed below. And it is even more of a challenge to consider documenting the tribal knowledge of a company’s key employees. Especially when we are young, we feel invincible, and documenting tribal knowledge seems a chore with no reward.

Never handle a document twice!


But to find what is important, we usually have to at least scan a document or email, engaged for no less than a short moment and perhaps for the full reading of the document before moving on to look for important issues to resolve. But there is good research to back up the statement that returning to a reading from a distraction causes the reader to lose up to 20% of his or her time in getting back to speed in mentally processing the document and its issues.


How Using Creative Outreach Tools and Methods are Fueling Entrepreneurial Recovery in Chicago

Source Link

For example, although some business owners were ready to begin applying for Paycheck Protection Program loans as soon as they were announced, others did not have the required documentation necessary to participate in the program, she said. ‘Meet Them Where They Are’.

Crowdsourcing, collaboration, support groups. Oh my.


Then find ways to build concepts, plans, documents, and actions through the collective collaboration of your key group. Create a document with your basic plan or idea for action. Post the document using one of these common tools and invite members of your group to add to or comment upon this beginning effort. You will note that within a short time, you will have created a plan or document usually far better than if you had worked alone.

Announcing the YC Startup Library

Y Combinator

From fundraising document templates , to tips on how to pitch , to strategies for navigating COVID — we hope that our library offers something useful to every founder. We’re excited to announce the launch of the YC Startup Library, found at

A Taxonomy of Customer Pains and Benefits

Paul G. Silva

First-time entrepreneurs asked to document their hypotheses about Pains and Benefits often experience “blank canvas” paralysis , the inability to get started because of a lack of a clear starting point. Your company’s value proposition must provide benefits that perfectly match your customers’ pains.

How to Maximize the Impact of Your Website When Targeting Two Personas

Tomasz Tunguz

Engineers prefer to spend time in Github evaluating a product’s technical prowess, in the documentation to learn how to wield the technology, and in the forums understanding the nature of the community. Technical acumen, applied content marketing, and superlative documentation build that trust. The side door leads to documentation, blog posts, community brought via referral. Side-door is documentation. Many companies today pursue a pincer GTM.

Dreamit Startups on the Front Lines of COVID-19

Dream It

Health Tensor reduces burnout through automated COVID-19 documentation. The burden of documentation falls on front line caregivers, consuming more than 50% of their day. Health Tensor’s AI copilot automates COVID-19 documentation as more patients enter hospitals and put a strain on systems. Front line staff spend less time documenting and doctors know at a glance what is going on with their patients, without spending 20 minutes per patient digging through data and charts.

TrekIT Health Raises $1M Seed Extension, Hires New Executive Chairman

Dream It

TrekIT’s unique, clinician-designed platform improves provider wellbeing, helps teams find critical data they need, when they need it, while also increasing revenue for the health system by optimizing documentation workflows.”

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Funding Friday: Isolated On The Road

A VC: Musings of a VC in NYC

And I also like the idea of documenting this pandemic in photos so we can remember it when its in the rear view mirror. I backed a bunch of projects this morning on Kickstarter and this one really stuck with me. I like supporting young creators who are putting their work out there and seeking funding for it. USV TEAM POSTS: crowdfunding

Finding North In a New World

Entrepreneurs' Organization

We decided to leverage the assets that we had at our disposal, take a break from trying to sell to people and create a document of all the things we really wanted the people around us to see. This document as well as the conversations we have had as a result have been a great tool to shift people—just a few ideas to ponder as you define your approach to this shift. This document was written during the first week of the 21-day lockdown in South Africa.

Zoho Workplace Reimagines Business Context and Continuity Across Apps

Smart Hustle Magazine

For example, receiving an email with a document will come with a view of why the document is there and what part of a workflow or project it is. Meanwhile, document attachments can also be edited via Zoho Writer.

Lightspeed Venture Partners backs Theta Lake’s video conferencing security tech with $12.7 million


The company’s tech already uses machine learning to detect security risks in video, visual, voice, chat and document content shared over video and collaboration tools.

The Startups and Investors Bringing Voice Tech to Healthcare

Dream It

From using voice analysis to identify behavioral health issues to streamlining physician documentation of patient interactions, startups have incorporated voice technology to improve the value and efficiency of care. Using Voice Tech to Improve Physician Documentation and Note-Taking Physician burnout has increased at a rapid rate over the past few years. Physicians spend hours each week documenting their patient interactions in the EHR. Voice tech is on the rise.

New Resources from National Partners

Co Starters

This five-page document from the Kauffman Foundation is excerpted from a forthcoming report exploring the current capital landscape across the nation and identifying barriers faced by underserved entrepreneurs.

Reflecting On Haystack’s Investment In HelloSign (Acquired By Dropbox)


Was Docusign just a place to get electronic signatures done, or could it have more tentacles into document-management systems across a variety of sectors? But over that five year period, signing documents online turned out to be a very important and profitable product feature, to the tune over $10B in market value. Over five years ago, as I began to deploy the first Haystack Fund, I was lucky to select HelloSign as my sixth investment ever.

Angel Fundamentals: Understanding Equity Deal Terms - Introduction

The Seraf Compass

Active angels work with term sheets regularly, but not every investor fully understands the sometimes arcane language in these highly-specialized documents. What are term sheets, what do they signify, and why are they so important? If you will walk through this short series on deal terms with us, we can explain


How to Come up With Great Ideas

Paul G. Silva

Step 1: Get MAD – Remember your M ission, assess your A ssets, document the D emand. D: Document the Demand – List out any loud signals the market or your customers have given you of things they want. If your startup/organization/team struggles with ideation (the process of coming up with ideas), you fall into one of two camps: Those who struggle to come up with any ideas. Those who come up with plenty of ideas but struggle to identify which ones are worth pursuing.

Important Updates for Startups on the PPP and the CARES Act

Dream It

On a case-by-case basis, investors are willing to remove blocking language from company documents, lower their ownership percentage so they’re not in a blocking position, and aggregate their ownership across funds to a single fund manager. Circumstance one: go through your documents and take out statements like, “fund x can block, lead investor can block” and go to majority vote. Removing problematic covenants can be accomplished as an amendment to company documents.

Net Health Acquires Tissue Analytics

Dream It

Clinicians will be able to capture and seamlessly upload wound images and other documentation, including automated measurements, to the WoundExpert platform. "In The platform uses best-in-class machine learning and computer vision to optimize documentation workflows and improve the quality of electronic medical records (EMR) data.

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Are you heading toward burnout?

Entrepreneurs' Organization

Take time to journal and document the source of your stress. Contributed by Shawn Johal, business growth coach, leadership speaker and co-founder of DALS Lighting, Inc. He is also an active member of the Entrepreneurs’ Organization Montreal chapter. . “If

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HPA?s People First Approach Stands with Black Lives Matter

Hyde Park Angels

We also recognize that these documented moments are the tip of the iceberg in showing how systemic racism is a reality that has been embedded in the fabric of our nation since its origin. First and foremost, as an organization, HPA stands with the Black community and supports the pursuit of justice and equality for all. We speak out against the racism and social injustices in our society, and show our support that #BlackLivesMatter.

What Should Founders Be Focusing On? SSRL Can Be Their Guide.

Paul G. Silva

When you do so, you’ll notice the milestone’s color will darken and your SSRL score (in the upper left corner of the document) will increase. Entrepreneurs and investors used to rely on strictly qualitative/gut methods of assessing progress and deciding what their next steps should be. In 2014 the great Steve Blank gave the startup world its first widely-respected quantitative assessment system: the Investment Readiness Level (IRL).

MedStack (Dreamit HealthTech 2016) Closes $2.4 Million Seed Round

Dream It

During this process, they will check to ensure that vendors have systems in place to perform auditing, logging, backups, monitoring, and encryption along with documentation to support these systems. To solve this problem, MedStack’s product standardizes the supporting architecture and documentation vendors need to have to meet customers’ privacy and security requirements, allowing them to focus on selling and delivering great products.

A Canvas That Tells a Story: KISS Canvas (v3)

Paul G. Silva

15 years ago the Business Model Canvas (BMC) changed everything by giving us a 1-pager (or 4×3 foot poster) to help you quickly document and test the key hypothesis behind your business model. [This is part of a series on the KISS Canvas ]. 30-page business plans are great for established businesses and terrible for startups that need to iterate quickly.

Worried About Regulation? How to Prep Your Business Early for Lifelong Compliance

Entrepreneurs' Organization

Document everything. If you do come under scrutiny, the best remedy will be documented proof of your efforts. Document every measure you take to meet regulations as well as procedures you’ve implemented for dealing with issues. Written for EO by Jim Moran, founder and managing partner of ValueStreet Equity Partners.

5 Qualities to Look for in a Remote Employee

Entrepreneurs' Organization

Microsoft Teams, a platform that allows users to share documents, send messages and chat over video saw a 500 percent uptick in conference calls. Contributed by Kaelee Nelson, writer and content specialist. There are now over 1 million novel coronavirus (COVID-19) cases worldwide.

Keeping Order in Your Office

Entrepreneurs' Organization

Are you using a locked file cabinet for confidential legal documents? You may come across documents that should be given to your colleagues or materials that belong to your office library or common office shelf. From EO Melbourne , we share how to declutter and organize your workspace. Work never stops in your office. Every day, there are new fires to put out, new targets to reach and new ideas to execute.

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Teaching Online

A VC: Musings of a VC in NYC

We are leveraging two technologies that have come of age in the last ten years; collaborative documents (google sheets) and videoconferencing (zoom). I have been teaching in one form or another since college. I helped pay for graduate school by teaching other grad students. For most of my life, teaching has meant standing up in front of a group of people and explaining things to them in a large group setting. But, like many things, that is quickly changing right now.

The Uber that Never Was

This is going to be BIG.

The company’s misogynist culture was well documented before Susan Fowler tipped the scales in 2017 and I don’t recall a single investor saying anything about it up to that point. Using the proliferation of newly GPS-enabled mobile devices to enable taxi hailing and beat out stagnant incumbent providers was always going to be a big win for consumers.

Shareholders and founders: The muted thrill of the deal closing.


All the documents were signed in a rolling series of emailed scanned or DocuSign signature pages during the past week or more, with each party signing their own set, never having to be in the same room to sign the single signature page for each agreement.

Pear hosted its invite-only demo day online this year; here’s what you might have missed


What it does: Gryps is tackling construction information silos to create a common information layer that gives building and facility owners quick, enriched and permanent access to document-centric information. Pear , the eight-year-old, Palo Alto, Calif.-based

Straight Talk about SBA Loans

Co Starters

You must document every penny you spend from the PPP loan. And how to manage your cash flow right now as a small business. Although some businesses have seen the relief offered by the CARES Act—particularly the Paycheck Protection Program SBA loans—many small businesses have been left wondering if their application is even being considered. . This financial limbo is a really tough place to be, because managing cash flow is a “right now” problem.