For any founder, whether a first-timer or a serial entrepreneur, it’s an exciting moment when you receive a term sheet from a venture capital fund for your company’s first preferred stock financing round. Excitement aside, it’s important to digest, understand and negotiate the key provisions of the term sheet. It can be overwhelming to understand what’s key when you haven’t negotiated numerous term sheets, but it’s vital to stay focused and diligent as many of these terms can have a lasting impact on your company, even if the term sheet is only a page or two. This is where trusted advisors – like lawyers – come in handy.
It’s 2019, and startups are emerging from every corner of the country. But, as you know, being an entrepreneur is much more than just having a game-changing idea. It requires a methodical strategy paired with an intense focus before bringing your idea to fruition.
The lifestyle of an inspiring entrepreneur is anything but glamorous. Building a successful company is not easy, and it requires sacrifice and enough courage to face all of the challenges that may arise.
We are here to remind you that unicorn dreams do come true! This month, Glossier founder Emily Weiss officially turned her blog, “Into The Gloss,” into a billion-dollar brand. The New York-based beauty company is now valued at $1.2 billion following its latest funding round.
Over the last 10 years, the way real estate is bought and sold has evolved. This is largely due to the tech-savvy startups disrupting the industry.
Throughout your entrepreneurial journey, you’ve learned how to celebrate your wins as well as navigate through high-stress moments with your team and business. We are here to remind you to try to learn from your mistakes and revel in your wins, especially the first big ones!
There is still a gap between the ambition the [millennial] generation and those who actually go on to start a business. We think it is important to seek wisdom from these notable game changers to learn vital entrepreneurship lessons.
Did you know the Securities and Exchange Commission is taking new steps to help pre-IPO companies get feedback from institutional investors? New rules proposed by federal regulators will let mega-startups seek early feedback about investor appetite for an initial public offering, allowing all pre-IPO companies to consult with qualified institutional buyers before filing paperwork to go public.
The convergence of technology and private equity is gaining traction. As an entrepreneur it’s important to understand how this trend could affect your business.
Young or old, it’s never too late to follow your entrepreneurship dream, and never has that been truer than the present time. It is important to learn from the success and failures of game-changer entrepreneurs who have not only built and sold companies, but have disrupted their industries and positively changed the world. What advice would you give yourself if you could back in time and fix your mistakes?