Secondary Funds and Continuation Vehicles Explained
Startups can take many years to reach a sale or a public listing, but venture funds have fixed lifespans and their own investors waiting to be paid back. …
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Pitch decks, term sheets, SAFEs and valuations, explained from both the founder and investor side.
Startups can take many years to reach a sale or a public listing, but venture funds have fixed lifespans and their own investors waiting to be paid back. …
A valuation cap is one number on a short document, yet it can decide how much of your company early investors end up owning. This guide explains what a …
Vesting decides when your founder shares are truly yours. Acceleration decides what happens to the unvested shares if the company is sold before your schedule …
Plenty of founders hear the same advice: raise your first money from people who already know you. That works if your network includes people with spare capital. …
Every startup has a quarter that goes wrong. A big customer churns, a launch slips, cash runs thinner than planned. The quarter itself is rarely what damages …
Founders often hear that summer is a bad time to raise money because "everyone is on vacation." There is some truth in it, but the full picture is more useful. …
A fundraise generates a surprising amount of information: hundreds of names, warm intros, meeting notes, promised follow-ups and documents shared with people …