Comments on: Term Sheets 2.0 (The Entrepreneur’s Perspective) – Price http://technosailor.com/2006/03/09/vc-speak-term-sheets-20-price/ Web Technology and Real Life Merge Sat, 06 Mar 2010 03:27:38 +0000 hourly 1 http://wordpress.org/?v=3.0-alpha By: Quenton http://technosailor.com/2006/03/09/vc-speak-term-sheets-20-price/comment-page-1/#comment-244613 Quenton Thu, 27 Apr 2006 00:04:12 +0000 http://www.venturefiles.com/2006/03/09/vc-speak-term-sheets-20-price/#comment-244613 Nice blog, good info. KaylaX Nice blog, good info. KaylaX

]]> By: Quenton http://technosailor.com/2006/03/09/vc-speak-term-sheets-20-price/comment-page-1/#comment-205935 Quenton Wed, 26 Apr 2006 23:04:12 +0000 http://www.venturefiles.com/2006/03/09/vc-speak-term-sheets-20-price/#comment-205935 Nice blog, good info. KaylaX Nice blog, good info. KaylaX

]]> By: Venture Chronicles http://technosailor.com/2006/03/09/vc-speak-term-sheets-20-price/comment-page-1/#comment-205934 Venture Chronicles Thu, 09 Mar 2006 22:56:48 +0000 http://www.venturefiles.com/2006/03/09/vc-speak-term-sheets-20-price/#comment-205934 [...] Enter Steve Fisher and VC Speak, he started a new series of posts taking the Term Sheet Series and rewriting it from an entreprenuer’s perspective. [...] [...] Enter Steve Fisher and VC Speak, he started a new series of posts taking the Term Sheet Series and rewriting it from an entreprenuer’s perspective. [...]

]]> By: Administrator http://technosailor.com/2006/03/09/vc-speak-term-sheets-20-price/comment-page-1/#comment-205933 Administrator Thu, 09 Mar 2006 17:10:53 +0000 http://www.venturefiles.com/2006/03/09/vc-speak-term-sheets-20-price/#comment-205933 The capitalization table is detailed table that lists how the stock is structured and how it is valued. Taken together, it is the capital worth of the company. This includes the number of shares of common stock, preferred stock, warrants, etc. Each has different values and different terms. As you release more stock (i.e. new venture rounds, stock options), the capitalization table changes and it seems to resemble a chess board with each party moving their pieces (their stock) to get the highest value. Hence my use of the analogy of it being a chess match. The capitalization table is detailed table that lists how the stock is structured and how it is valued. Taken together, it is the capital worth of the company. This includes the number of shares of common stock, preferred stock, warrants, etc. Each has different values and different terms.

As you release more stock (i.e. new venture rounds, stock options), the capitalization table changes and it seems to resemble a chess board with each party moving their pieces (their stock) to get the highest value. Hence my use of the analogy of it being a chess match.

]]> By: Administrator http://technosailor.com/2006/03/09/vc-speak-term-sheets-20-price/comment-page-1/#comment-244612 Administrator Thu, 09 Mar 2006 17:10:53 +0000 http://www.venturefiles.com/2006/03/09/vc-speak-term-sheets-20-price/#comment-244612 The capitalization table is detailed table that lists how the stock is structured and how it is valued. Taken together, it is the capital worth of the company. This includes the number of shares of common stock, preferred stock, warrants, etc. Each has different values and different terms.<br><br>As you release more stock (i.e. new venture rounds, stock options), the capitalization table changes and it seems to resemble a chess board with each party moving their pieces (their stock) to get the highest value. Hence my use of the analogy of it being a chess match. The capitalization table is detailed table that lists how the stock is structured and how it is valued. Taken together, it is the capital worth of the company. This includes the number of shares of common stock, preferred stock, warrants, etc. Each has different values and different terms.

As you release more stock (i.e. new venture rounds, stock options), the capitalization table changes and it seems to resemble a chess board with each party moving their pieces (their stock) to get the highest value. Hence my use of the analogy of it being a chess match.

]]> By: chris http://technosailor.com/2006/03/09/vc-speak-term-sheets-20-price/comment-page-1/#comment-205932 chris Thu, 09 Mar 2006 16:50:34 +0000 http://www.venturefiles.com/2006/03/09/vc-speak-term-sheets-20-price/#comment-205932 You wrote: "As things progress, you are going to be playing the "cap table game". This game is based on the magic chess match of using the capitalization table to leverage all your chess pieces without being in a position of checkmate." Can you explain that in a little more detail? You wrote: “As things progress, you are going to be playing the “cap table game”. This game is based on the magic chess match of using the capitalization table to leverage all your chess pieces without being in a position of checkmate.”

Can you explain that in a little more detail?

]]> By: chris http://technosailor.com/2006/03/09/vc-speak-term-sheets-20-price/comment-page-1/#comment-244611 chris Thu, 09 Mar 2006 16:50:34 +0000 http://www.venturefiles.com/2006/03/09/vc-speak-term-sheets-20-price/#comment-244611 You wrote: "As things progress, you are going to be playing the "cap table game". This game is based on the magic chess match of using the capitalization table to leverage all your chess pieces without being in a position of checkmate."<br><br>Can you explain that in a little more detail? You wrote: “As things progress, you are going to be playing the “cap table game”. This game is based on the magic chess match of using the capitalization table to leverage all your chess pieces without being in a position of checkmate.”

Can you explain that in a little more detail?

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