4 ms·
Build a Company for the Long Term
- jasonlbaptiste 17y agothis is VERY well done and has a few specific scenarios that are explained well. Money quote: "Last money in, is the first money out"
- fpgeek 17y agoInteresting, my money quote was: "Pay someone to watch your back".
- finiteloop 17y agoThis is a great presentation. We ended up having a good set of terms when we did the FriendFeed Series A because we were fortunate to find good advice, but I wish I had read this when I left Google to start a company. The incentives implicit in these deal terms turn out to really impact your company at its most important points (acquisition, new funding rounds, etc). Also worth reading: Chris Dixon on "Ideal first round deal terms": http://www.cdixon.org/?p=271 http://www.cdixon.org/?p=271 Fred Wilson's response to Chris' post: http://www.avc.com/a_vc/2009/08/the-ideal-first-round-term-sheet.html http://www.avc.com/a_vc/2009/08/the-ideal-first-round-term-s...
- csmajorfive 17y agoIs there a good book out there where I can read about the terminology and various pivots in term sheets? Good information about the mechanics seems rare ..