Hither Mann’s Post

THANK YOU to the founders that pitched today! You were great and I fully appreciate how difficult a 5 minute elevator pitch is! After the elevator pitch, I dig deeper into your ventures with you privately or through my workshop where you are invited to spend a WHOLE day with me getting all elements of your pitch perfected! PRE REVENUE founders listen up 👉 you have to impress massively with YOU and your story or else there will be no funding happening whatsoever. The Billionaire Project is dedicated to getting you investment ready. If you have a venture that needs funding let me know more about it here 👉 https://lnkd.in/edkdWYsX #venturecapital #bridgingfinance #capitalraising #vcfund #fundmanager #investment #investmentbanking

Decide how much of the company to sell The general rule of thumb for angel/seed stage rounds is that founders should expect to sell between 10% and 20% of the equity in the company. These parameters are based on what an early equity investor is looking for in terms of return. Investors are placing bets on you with the clear knowledge that most of their investments will give zero return. They’re exposed to a high-risk/high-potential scenario, so they need a decent slice of equity to get a meaningful return if things go well. And they want a meaningful level of influence and control over key company decisions if they don’t. Based on my research I found that between 10% and 20% is the norm, with an average of 14% given away to investors at the early round stage. #capital #capitalraising #equitymarket #fundraising #preseed #seed #seedfunding #equity

Y’all say Hello to Terry Stanley! If you want a chance to have your own intro video posted here, join our HERO Capital Raising Party today, June 25th @2PM CST. Make sure you always get on early. Here’s the link to register if you haven’t done so capitalraisingparty.com #multifamilyinvesting #multifamilyrealestate #multifamily #capitalraising #investors #syndication #fundmanagers #cre #multifamilyinvestor #realestate #realestateinvesting #realestateinvestor #multifamily #commercialrealestate #virtualmeetup

Key Takeaways 1. Gotta understand the terms you’re offering when talking to investors. Be prepared to defend them. 2. Post-money valuation = pre-money valuation + ALL investment prior to conversion 3. If you want investment from experienced investors, the post-money SAFE, convertible note, or preferred shares are the only viable options. Don’t waste your time proposing a pre-money SAFE, uncapped SAFE or convertible note, or common shares. https://lnkd.in/giEFSv-q #SAFE #fundraising #startup #valuation Zenith Venture Studio

Amid challenges in the current macroeconomic and private capital environments, fund managers are finding innovative ways to stand out from their competitors. Proskauer’s Howard Beber and Matthew Geduldig will explore this topic during a panel discussion at the JTC Group Private Equity & Venture Capital Forum, joined by Brian Chiappinelli of Cambridge Associates and John McCormick of Monument Group. Learn more and register today: https://bit.ly/4dXHHnY #Proskauer #PrivateFunds #VentureCapital #Boston #PrivateEquity

Discover how the European VC secondaries market is experiencing a boom, with firms like @TempoCap facilitating vital liquidity solutions in a challenging exit landscape. #VC #SecondariesMarket #Liquidity #InvestmentTrends

I learn from my partners every day in the course of business, but most emails are confidential in nature. But these lessons from Doug Clinton are thankfully in the public domain, drawn from business history: "One of my favorite quotes applied to investing as a practice is from Julian Robertson: “There is profit for an investor in going to where the competition is weak.” Robertson built Tiger Management (the original) into a massive hedge fund at a time when there weren’t any hedge funds, certainly none of any notable scale. Look past Tiger and there are many other examples: - KKR - founded at a time when leveraged buyouts were barely a thing, then taken to a scale no one imagined possible. -Thoma Bravo - KKR but for software companies when no one was doing PE for software co’s. - Mike Maples/First Round Capital/etc. - institutionalized seed investing when the world was just angels and series A and later funds. -Andreessen Horowitz - build the platform VC model of a suite of services to offer to port co’s. -David Swenson / Yale University Endowment - embraced VC in his endowment model before it was even really an institutionally relevant asset class (PE too)."

"Hey Jeff, If you're a VC leading a round via a SPV, should you be the biggest investor in the group or does it matter?" I mean, if you're charging fees and carry then it doesn't make much sense to be the biggest investor, but I would assume that they would want to be as it shows the other investors that you're going big on the deal and not just taking a flyer. For a $1 mil. SPV I'd assume that they'd put in AT LEAST 20-30%. Depending on what type of fund they are will depend on how much they put in as well. If they are Pre-seed and Seed $50 mil. fund, I'd assume that check sizes are $250k up to $2-3 mil. so on a $5 mil. deal expect at least $1 mil.