fenwick & west
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Investment clubs are cool again, and maybe community is, too
The rise of group investing is just as much about culture as it is about cash.
If this coalition gets all the relationships right, doesn’t get greedy and understands that there is a social good component here, this could be as impactful as the SAFE was.
Startups Weekly: Investors are keeping terms friendly — instead they say ‘no’ more often
[Editor’s note: Want to get this free weekly recap of TechCrunch news that startups can use by email? Subscribe here.] Multiple liquidation preferences, full-ratchet anti-dilution clauses and pay-to-play provisions are some of…
Trying to raise money for a startup is never a walk in the park. Still, there are good times, there are bad times, and there is right now, a moment…
Stripe raises new funding, Uber acknowledges financial uncertainty and a controversial facial recognition startup accidentally exposes its source code. Here’s your Daily Crunch for April 17, 2020. 1. Stripe raises…
Featured Article
So much for pessimism
After WeWork exploded there was — at least supposedly — a change in sentiment among investors and founders alike. Gone were the days of easy nine-figure rounds, expensive growth, negative unit economics and the rest of the excess that Startupland has enjoyed over the past half-decade. Inside this purported sentiment shift, I presumed, was a…
The dream of a startup founder can often be summarized by the following well-intentioned, and mostly delusional, quote: “We’ll raise a few rounds and in a few years we’ll IPO…
This morning, the law firm Fenwick & West published new findings about all the U.S.-based unicorn financings that took place during the last nine months of 2015. It’s rife with…
The Surprisingly Not-Terrible Effect Of All Those Late-Stage Rounds On IPOs
You’ve seen the headlines; you know that over the last couple of years, a growing number of startups has gone public at valuations below where they were valued as privately held companies (or sunk past them quickly).…
