The idea is essentially to raise the capital in tranches using multiple valuation caps, to minimize founder dilution, and to reward the earliest investors who aren’t just willing to commit but are willing to wire the capital too.
2048 Ventures Managing Partner Alex Iskold shares some insights into what he is looking at from an investment standpoint in 2020 and beyond.
History tends to repeat itself. We have good times and not so good times. The market is cyclical. With the election turmoil ahead we were already poised for uncertainty. Coronavirus pored a lot of gasoline on this fire. Yesterday Sequoia Capital called Coronavirus the Black Swan of 2020. This is a dramatic description, but an […]
We take a look at how to run a tight Series A process to help you get multiple competing term sheets, while not taking a lot of time.
2019 was the year when VCs and startup founders soured on paid acquisition. Contrary to what most thought a few years back, CAC (cost of acquiring a customer) didn’t go down as many D2C startups scaled. The costs instead went up. The explosion of D2C brands and mega-rounds of funding led to massive amounts of […]
The one article you need to read to learn everything you need to know about reducing your customer acquisition costs.
The public markets are continuing to go down, and the whispers of an upcoming recession are on Twitter, on Bloomberg, and in the private conversations. The experts are predicting the recession sometime between now, and the end of 2020. While I am no expert on Macroeconomics, I do know that it is prudent to plan […]
We are headed into the holiday season. For founders who are fundraising, this is typically a particularly stressful time. It is certainly true that some investors slow down their activities during the holidays. That said, there are patterns and specifics for each type of investor. Also, end of year can actually be a great time […]
One of the questions investors like to ask founders is – what is your vision? While seemingly cliché and qualitative, the question of vision is really important. After working with more than 80 founders, I believe that the ability to articulate a strong and clear vision is the leading indicator of success for an early founding […]
One of the questions investors like to ask the founders is – What is your vision? While seemingly cliché and qualitative, the question of vision is really important. After working with more than 80 founders, I believe that the ability to articulate a strong and clear vision is the leading indicator of success for the early […]