The Valuation Trap – Part 3, Downround
February 5th, 2019 • Ondřej Fryc
Imagine: You have a really good company, an investor agrees to invest $5m at a wow valuation of $25m pre-money ($30m post-money) and everyone is happy.
February 5th, 2019 • Ondřej Fryc
Imagine: You have a really good company, an investor agrees to invest $5m at a wow valuation of $25m pre-money ($30m post-money) and everyone is happy.
January 30th, 2019 • Michal Táborský
Sometimes we come across a start-up, which in the past did, is doing, or is planning to do an ICO, or Initial Coin Offering. Simply put, an ICO means the company prints it’s own (digital) money and offers it to potential investors.
January 23rd, 2019 • Eduard Míka
A few months after I founded my first business (there were eight of us), one American said, “Eight? Then you are President and the other seven are Senior Vice-Presidents.” It took me a long time to realize that it was not a joke, and it took me even longer to understand what he actually meant.
January 16th, 2019 • Ondřej Fryc
Been there, done it. I took investors into my company and awarded them with extensive rights without much thinking about it.
December 19th, 2018 • Eduard Míka
Founders often focus their company presentations on product and detailed elaborations on why is their product superior to that of their competitors. However it is not so important to have the best product on the market, what is critical, is the ability to persuade the market to buy it.