Posted by Mr.Smith on 2008-01-24
Tags: Preparation Resources
The Funded has some excellent resources for a first-time fundraise. You need to dig a little, as not all of these posts have floated to the top. Members should agree with the good posts more so that they stick out! Also, you need to be a member to see the discussion, where a lot of the good pointers are.
Overview of Fundraising:
-- The Game of Innocence
-- Avoid An Llc For Vc
-- Venture Legal: A Conflict Of Interest And A Complicated Mess
Raising the Capital:
-- Practice In The Second Tier
-- Reduce Time By Going Online
-- Pick The First Investors Really Wisely
-- Don't Confuse Raising Money With Running Your Business
-- Keep Funding Prospects Informed Of Your Progress
Negotiating the Deal:
-- The Term Sheet Shuffle
-- How To Set Valuations
-- Need Advice: What Kind Of Valuation Can I Expect"
-- Kill The Participating Preferred
-- Avoid "Participating Preferred"
-- Avoid Exclusivity
-- Closing Costs