Recent Posts
Reinventing the Series A
[This is an Op-Ed piece by Ted Wang, an attorney at Fenwick & West, a Silicon Valley law firm]
There is a new breed of Series A financings. For a number of reasons as described by Josh Kopelman among others, founders are increasing looking to raise $1-$1.5 million to seed finance their companies. The documents which we lawyers use for these financings, however, are the same documents that we would use for a $5 or $10… Continue Reading
Raising money in good times
[Editor's note: Ted Wang is an attorney at Silicon Valley law firm Fenwick & West. Disclosure: VentureBeat is a client of Fenwick's, though does not have a relationship with Ted.]
The release of our firm’s Trends in Terms of Venture Financings shows that this remains a strong market for entrepreneurs to raise venture capital. The survey finds that valuations have continued to increase, while some tough terms negotiated by venture capitalists such as multiple liquidation preference and… Continue Reading