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17 results for “term sheets”
...terms of documents? Pick a really good law firm. They will help you set up basically the agreements with your partners, which I think is really, really important. Like, this is sort of nothing to do with the LPs. It has everything to do with, like, h
10:14 / 12:03
from transcript10:14 – 12:03
a 1 and a half million dollar pre seed check into a 2 or 2 and a half million dollar seed round. But sometimes that may need a 4 or $5,000,000 check into $6.07, $8,000,000 seed round. You know, different companies require different amounts of capital
12:09 / 13:13
from transcript12:09 – 13:13
...spreadsheets that had our track record. I think we had a a bunch of slides around, like, case studies and that sort of thing. But for the most part, we didn't have that much documentation. It was mostly focused around our deck. What do you advise fou
11:09 / 12:55
from transcript11:09 – 12:55
...terms of increases that I felt like were very easily underwritable. Now in terms of LP type, yes, that fund size definitely plays below the sort of normal threshold of institutional LPs. I generally think 40, really 50 is kind of the floor for a lot
10:29 / 12:02
from transcript10:29 – 12:02
But just on the decision making, I hope that you don't have like traditional investment committees. That is like the hailed structure of decision making in venture. How do you think about investment decision making on a per company basis in the firm?
25:28 / 26:31
from transcript25:28 – 26:31
and we are very flexible. We lead c grounds, and we're very flexible on what that mean. We can write 1 half million dollar check. We can write $5,000,000 check. Anything in between, whatever is appropriate for that opportunity and the needs of the fo
12:54 / 13:56
from transcript12:54 – 13:56
...sheets, then you have leverage, and you can optimize around on price, size of round, size of lead check to angel allocation, etcetera. My advice here would be to not over optimise.
18:40 / 19:51
from transcript18:40 – 19:51
And as I went through different areas of my career, I started to learn about investing at a high level and with different types of of instruments. And I learned about the different industries, private equity, investment banking, all these different v
7:27 / 8:36
from transcript7:27 – 8:36
...ons in terms of our portfolio, which is growing. So
22:14 / 23:41
from transcript22:14 – 23:41
...a term sheet, you do also need to create some form of urgency. Investors often need a reason to move, and so it's good to put a timeline on the raise. I would say fourteen days is perfect. This is enough time for any VC to do the work they need to do
18:00 / 19:05
from transcript18:00 – 19:05
...formality in terms of data room and materials, and I write an investment memo for every single investment I make even though it's just me reading them. So every single one of those investment memos is in a data room that LPs can pour over and see my
11:06 / 12:19
from transcript11:06 – 12:19
...of kind of bringing new portfolio companies in before we necessarily have to worry too much about kind of overloading that side of things. But but in terms of exits, yes, it's recycling cash back in. Obviously, if there's a big a big exit,
22:54 / 24:15
from transcript22:54 – 24:15
doing really hard things, and that just sort of the perfect mixture of that as a profession, that with my personality, and also just the interest in investing. Venture capital was just the perfect place for me. Absolutely. So when you decided that, o
8:04 / 9:20
from transcript8:04 – 9:20
The framework basically means you try to identify what are the three to five things that are specific to this deal that you have to believe for this investment to return the fund. And there's there's a bunch of things that go into that. Like, if you
26:53 / 28:01
from transcript26:53 – 28:01
helping the other board members know when to care or not to care or at least, like, hold them at bay so the founder can do what they need to do or let the founder know the other board members are right. They have a point, and you're actually in the w
19:14 / 21:16
from transcript19:14 – 21:16
are the ones where we we're 90% sure of 15 things, but point nine to the fifteenth power is a really, really low number. So what we're looking for is to use our diligence process to figure out other 15 things. What are the 12 that we're, like, 99% su
20:24 / 22:20
from transcript20:24 – 22:20
All the 49 deals we've invested in so far, we feel about all of them that's a partner who did some deals that like, bloody hell, this is so important, so exciting. I would love to be a cofounder of this company. So There's a memo starts with why is t
26:14 / 27:16
from transcript26:14 – 27:16
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