An entrepreneur looking for his or her first VC round of financing is much often than not familiar with the jargon the deal terms involve not to mention with what liquidation terms stand for. In short the term basically refers to who gets what in a VC deal that is structured in a multi-tiered way. Read a short context here, then this and then this and you also have an xls available to play with.
Articles in category VC & Entrepreneurship
...for Seedcamp, that is, among the 20 other teams selected for an intensive learning week.
We seem to be the only team from Eastern Europe, and then there's one from each Slovenia, France, Russia, Sweden, the Emirates, Germany, Scotland, Netherlands and Spain and all the others from the UK. All with very interesting business ideas, I am looking forward to meeting those guys.
If you are in London next week, ping me for a pint for two - drnovac at gmail
We seem to be the only team from Eastern Europe, and then there's one from each Slovenia, France, Russia, Sweden, the Emirates, Germany, Scotland, Netherlands and Spain and all the others from the UK. All with very interesting business ideas, I am looking forward to meeting those guys.
If you are in London next week, ping me for a pint for two - drnovac at gmail
...with urbee. Urbee is a mobile application in a calendar format that list the events and locations from a city - it is already available for Bucharest and we also have a demo for London.
The funny thing is that just prior to Seedcamp launching Andrei and I had decided to focus on urbee more seriously so that we could make it a lucrative business.
We got an email yesterday confirming that we made it to the shortlist and as such we are just one phone interview away from being invited to London for a fantastic schmoozing and mentoring week put together by the Seedcamp guys.
The funny thing is that just prior to Seedcamp launching Andrei and I had decided to focus on urbee more seriously so that we could make it a lucrative business.
We got an email yesterday confirming that we made it to the shortlist and as such we are just one phone interview away from being invited to London for a fantastic schmoozing and mentoring week put together by the Seedcamp guys.
if in doubt about what next and you're an entrepreneur, that is - link
...or at least the new ones that were present in a panel at the AO's Stanford Summit
A week long event held in September targeted at young entrepreneurs from EMEA. 20 teams will make the final and there will be 5 winners of 50k euros pounds for 10% in equity. A very good initiative, I wish we had more like this across Europe.
self note, especially in a market where comparables are not available
more control versus access to more resources - link

