SEC opens Capital Raising HUB website

SEC Deputy Director of the Office of the Advocate for Small Business Capital Formation (“OASBCF”) Sebastian Gomez Abero touted the “expanded capital raising pathways” available under the 2012 JOBS Act and urged practitioners to utilize resources now available in the SEC’s consolidated Capital Raising Hub.

Debt, Equity and Control…Term Sheet Caution

This is an extension of my post last week… Many investors, eager to get started and get their company moving, will agree to terms that are not good business in the long run. It is understandable, and I have a client and friend that is fond of saying “we hope that is a problem” because if […]

Company Valuations When Raising Capital…

There is a ton of information available on the internet about how to value a business enterprise (including some on this blog). There is even a lot of information regarding the valuation of a pre-revenue startup during rounds of funding. Unfortunately, most of that information is not particularly helpful for startups unless they are in […]

The company financing life cycle…

Several years ago, I ran across this diagram of the financing cycle of startup companies on eandua.com and thought it was an elegant expression of where true seed stage capital fits in the overall scheme of our economy and the critical role it plays despite it’s relatively small dollar amounts.