Jeffrey Boardman

Jeffrey Boardman

11p

7 comments posted · 0 followers · following 0

17 years ago @ LearnVC.com - Your gui... - VCIC 2009: Due Diligen... · 0 replies · +1 points

Absolutely ask about projected number of future rounds, as well as estimated timing of these rounds. I just wouldn't spend too much time on this subject as there is only 15 minutes and entirely too many high priority areas to go into.

17 years ago @ LearnVC.com - Your gui... - Pre-money Valuation · 0 replies · +1 points

Hi Rachel, thanks for the comment/question. It appears that the root of your question is about control of your company. The short answer is that 50.1% ownership of the company does not necessarily give you control. Investors usually receive preferred stock, which has special rights over common stock (which is what you own). I would recommend reading the articles in Term Sheets, especially on voting rights and protective provisions.

17 years ago @ VChub.com - Business Model: Your T... · 0 replies · +1 points

Hi Healy, thanks for stopping by and commenting. I was attempting to coach people away from general market statements and instead focus them on TAMs in general.

My comments about the product roadmap were a bit incomplete, as you mentioned. I was focused only on the business model aspect as related to TAM and revenue models, and not on the market need / pain points.

17 years ago @ VChub.com - Liquidation Preference · 0 replies · +1 points

Hi graf, to answer your question the investor may set a high liquidation preference mainly focused on protecting themselves in case the valuation is set too high (the opposite from your question). If an entrepreneur insists on a high pre-money valuation, the investor can utilize another lever like liquidation preference (especially when combined with Participating Preferred Stock) to adjust the effective price to what they desire. Another reason might be that the current "standard" terms for the market are just high. When the economy is bad, the liquidation preferences sometimes go up because of the market volatility.

17 years ago @ VChub.com - Welcome to our new vis... · 0 replies · +1 points

Thanks for the feedback!
We are planning to add more and more graphical illustrations, gradually increasing in complexity. I agree with the need for an ability to perform dilution, return and risk calculations. Hold on for more news in the next few months, I think you'll be pleased with what you hear from us.

17 years ago @ Ask the VC - LearnVC - A Web Resour... · 0 replies · +1 points

Brad, thanks for the supportive post and the great content.

17 years ago @ VChub.com - Welcome to VChub.com · 0 replies · +1 points

Just a test comment.