VCIC Training video
Posted on 01. Mar, 2010 by admin in VCIC
Watching the YouTube playlist
If the playlist is shown at the bottom of the YouTube screen, just hit the red bottom-left icon.
There are 5 videos comprising the training (YouTube limits the duration of the videos). In total, there is just more than 30 minutes of videos as part of the VCIC training. In addition, [...]
New LearnVC.com web-site design/layout
Posted on 01. Mar, 2010 by admin in Site Specific
Hi everyone
We’ve updated our web-site! We are going to start updating with new content now, and take advantage of this new layout focused on more graphical ways of navigating the content. To this end, we have our economic levers highlighted on the main page. Please check it out and give comments.
Shark Tank – extreme negotiation
Posted on 23. Oct, 2009 by admin in VCIC
Pitching Element Bars, with entrepreneur Jonathan Millers, is one of the best negotiations I’ve seen on either Shark Tank or Dragons’ Den.
Watch, enjoy, learn.
Liquidation preference in Dragons’ Den negotiation
Posted on 22. Oct, 2009 by admin in VCIC
Two shows I watch every week are Dragons’ Den (BBC) and Shark Tank (ABC). After watching a recent episode of Dragons’ Den, I was surprised by James Caan offering a liquidation preference as part of his offer using participating preferred stock. Typically in either show the negotiations are only focused on valuation with common stock.
In [...]
Summer 2009 Internships
Posted on 31. May, 2009 by admin in Term Sheets
LearnVC.com, Inc. provides a web-based application for entrepreneurs and investors to model investments into startups. On LearnVC.com we have free educational material with interactive examples for the “levers of valuation” powered by our modeling software. Our full modeling software is currently in an invite-only beta and will be demonstrated to those interested in working with [...]
(Updated) Example Term Sheets and Term Sheet Generator
Posted on 28. Apr, 2009 by admin in Examples
In November last year, I posted about a few great examples of term sheets and related equity financing documents. Since then a few things have happened warranting a new post to summarize everything.
First, there’s the Class F stock documents created by Wilson Sonsini and hosted on TheFunded Founder Institute. This is by far the most [...]
VCIC 2009: Pitch, Due Diligence, and Negotiation
Posted on 27. Jan, 2009 by admin in VCIC
The five main components of the VCIC are:
Reading the business plans
Listening to the entrepreneur pitches (15 minutes)
Performing Due Diligence (15 minutes)
Creating the deliverables (term sheet and executive summary)
Performing the negotiation (18 minutes, 7 minutes Q&A with judges afterwards)
#2, #3, and #5 are shown in even tighter time constraints on BBC’s Dragon’s Den TV program. [...]
New VCIC summary page in topics
Posted on 26. Jan, 2009 by admin in Site Specific
As part of the ramp-up in posts specifically related to VCIC, a new summary page is available under the topics drop down menu on this site. Additionally the VCIC summary page can be found under the Students’ Guide TOC (Table of Contents).
Venture Capital investments in C-Corporations
Posted on 26. Jan, 2009 by admin in Basics
In most circumstances, a company must be a C-Corporation when taking investments from venture capital firms. There are a few reasons for this:
VC Limited Partners (LPs) contractually obligate the VC General Partners (GPs) to avoid any pass through tax liabilities that may result in an investment into a portfolio company that wasn’t a C-Corp.
Even [...]
VCIC 2009: Due Diligence Q&A session, Part 1
Posted on 21. Jan, 2009 by admin in VCIC
Having attended many VCIC competitions as a competitor, observer, and judge I wanted to share with everyone a few pieces of advice for the due diligence session. With such a limited amount of time, it is critical to prioritize your questions and manage the response time.
Manage the entrepreneur’s responses
Your time will quickly run out [...]