The Incredible Disappearing sub-$5MM Round
The facts are clear: Sub-$5M rounds, once the majority of U.S. VC deals (over 70% a decade ago), have now fallen to less than half that share. Multi-stage funds are crowding out traditional seed investors by offering larger checks and stronger brand pull -> even if...
Entitlement Fundraising
Is your mental filter "could" or "should"? During the last year as the chairman of an angel group, I have been asked (paraphrased from various iterations): "Before applying, can I just pitch you first to see if you will be interested?" "I don't see the point of...
Startup Using the Lean Analytics Cycle
July 23, 2024 - Ben Yoskovitz - Founding Partner at Highline Beta | Author of FocusedChaos.co I’m a huge Lean Startup fan. The concept of Build -> Measure -> Learn makes a ton of sense to me. A simple, elegant loop where you figure out what to build, measure the...
Your Budget > Your Focus
If you run a fast-growth startup with a national or global potential as one of only a slice of “small businesses” that the Fremont Group addresses below, are they addressing you in relation to your business in startup or early-stage development?
This article is (c) 2024 The Fremont Group
Startup Financial Planning
Early-stage founders frequently struggle to put a price tag on their company when still early in development and commercialization. The ‘why this is’ is revealed by identifying the solution. First, we need to understand that capital markets are competitive. Interest...
Term Sheet Definitions
Glossary of Deal Terms People often accuse lawyers of using too many words. One recently received summarization of the primary terms of a venture capital investment deal in 100 words or less was submitted as follows. "$200,000 10% bridge loan with 25% warrant...