Startups
53 posts
A Guide to Venture Capital Deals
A comprehensive guide to how VC deals actually work, covering deal terms, valuations, financing structures, market data, fund operations, and LP/GP dynamics.
Liquidation Preferences: A Complete Breakdown
How liquidation preferences work in venture deals, including standard and atypical structures, participating vs non-participating preferences, pay-to-play, redemption rights, and recent trends.
Protective Provisions in Venture Deals
How protective provisions work in venture financing, from the standard veto rights in the NVCA model documents to how they accumulate across rounds and what founders should negotiate.
How Startups Actually Get Valued
What drives startup valuations at each stage, from the factors investors weigh to what Series A data actually reveals about pricing dynamics.
How Venture Valuations Move Through Market Cycles
A data-driven look at up rounds, down rounds, extensions, and bridges, and what valuation patterns reveal about venture market cycles.
The Complete Guide to Convertible Instruments in Venture
Everything you need to know about convertible notes, SAFEs, and bridge rounds, from how they work to what happens when they stay unconverted too long.
How Startups Can Manage Equity Dilution
A practical guide to understanding and managing equity dilution in venture-backed startups, including transfer restrictions, founder preferred shares, and the role of audited financials.
The Dynamics of Venture Fundraising
How fundraising timelines, firm velocity, pay-to-play dynamics, and market cycles interact to shape the venture fundraising process, backed by data from thousands of deals.
How Deal Terms Vary by Stage and Region
What the data reveals about how venture deal terms differ across stages and regions, from the early-stage concentration paradox to regional variations in protective provisions.
KPI Monitoring for Venture Portfolios
A comprehensive guide to KPI monitoring for venture capital portfolios, covering frameworks, stage-specific metrics, collection strategies, and common blind spots.