Health care M&A
Join our upcoming breakfast and learn panel: Negotiating Venture Deals in a Down Market. The panel will include some of London’s leading venture capital investors and topics will include: - Latest trends in VC term...more
One common problem of early-stage ventures is the difficulty in determining a company valuation when recruiting capital from investors. This problem derives from the tension between entrepreneurs’ desire for a high valuation...more
Some interesting links we found across the web this week: 5 Biggest Term Sheet Mistakes Founders Make - Receiving a term sheet for a financing is an exciting opportunity for founders. In this DreamIt Dose video,...more
For any founder, whether a first-timer or a serial entrepreneur, it’s an exciting moment when you receive a term sheet from a venture capital fund for your company’s first preferred stock financing round. Excitement aside,...more
Some interesting links we found across the web this week: Come to Terms: Why Every Founder Should Embrace the Term Sheet - Negotiations over financing documents can be a painstaking process when doing so without a term...more
Once upon a time, some founders needed money. They pitched a group of investors, and the investors agreed to give them many gold coins at a set valuation. The founders were happy, and the investors were happy. The company...more
Some interesting links we found across the web this week: Who the Hell is Running My Startup? - Entrepreneurs are known for their passion and drive. They believe in their idea and will do whatever they can to turn that...more
Term Sheet Template: What Entrepreneurs Should Include - Term Sheets are where the real action happens in most VC financings. Knowing the mechanics backwards-and-forwards can make all the difference....more
Some interesting links we found across the web this week: Considerations for Founders When Negotiating a Term Sheet - Although not technically a legally binding contract, understanding how the term sheet will shape the...more
Some interesting links we found across the web this week: Don’t Neglect Your Customers During a Merger - A merger can be a time-consuming endeavor, but it’s important not to lose sight of the customer base during the...more
Novelists stare at the blinking cursor on their blank screens. Anguished artists confront the empty canvas. Starting from scratch can be agonizing for creatives, but entrepreneurs who want to draft a term sheet or a...more
Some interesting links we found across the web this week: How Successful Founders Will Raise Money in 2018 - Research from the past year suggests that early-stage seed round fundraising for startups is changing....more
Some interesting links we found across the web this week: Venture Capital Funding for Cleantech Still Looks Pretty Grim The startup world at large is looking for a rebound after a down year in 2016, but if the Brookings...more
Some interesting links we found across the web this week: Know Your Limits: Understanding Your Term Sheet’s Exclusivity Provision - Before going exclusive with a VC, startups should understand this key provision in...more
After years of increasing acceptance of and reliance on convertible note financings as a mechanism for funding early-stage companies, we have noted a clear emerging trend away from such transactions (and others like them,...more
A key milestone in the lifecycle of many successful companies (and, admittedly, many unsuccessful companies) is obtaining financing from angel or venture capital investors, but in negotiating with experienced investors...more
Some interesting links we found across the web this week: What Brexit Means for Tech Startups - Brexit news dominated headlines this week, so here’s a roundup from the startup perspective....more
You might know it as a letter of intent or a term sheet. Maybe you’ve heard it referred to as an MOU, or memorandum of understanding. Whatever you call it, this document of about five pages is a summary of the terms of a deal...more
You’ve just received your first venture capital term sheet. Congratulations—you’ve earned it. Now what does it all mean? “Pre-money valuation,” “liquidation preference,” “pro-rata participation rights”? A seasoned venture...more
There comes a time when just about every reasonably successful startup gets an exit opportunity. For founders, these moments are triumphant. You’ve dedicated years of your life to building something, and now somebody wants to...more
Many start-up companies know they want to raise angel capital, but do not know how to proceed. They really want to know: “do I need a 50 page Private Placement Memorandum to raise money?” The answer is: “It depends, but...more
What do entrepreneurs need to know about term sheets in order to get a deal done? William Bernat: Term sheets are not “one size fits all.” Since most of a term sheet’s provisions are meant to protect the investors’...more