Funding & Exits

Funding & Exits –  Chapter 16: The IPO Exit

While the value of public companies has grown from 105% of GDP in 1996 to 136% today, the number of these firms has been...
Tom Mohr Tom Mohr
12 min read

Funding & Exits – Chapter 15: The Private Equity…

If your company has achieved at least $10M in recurring revenue with predictable future growth, low churn and proximity to cash flow positive, then...
Tom Mohr Tom Mohr
6 min read

Funding & Exits  –  Chapter 14: The Strategic Acquisition…

Over the past seven years, more than eighty percent of all exits have been via strategic acquisition. When your company exits, it’s most likely...
Tom Mohr Tom Mohr
6 min read

Funding & Exits – Chapter 13: The Non-IPO Exit…

  At multiple points along the way in the building of your company, either opportunity or necessity will lead you to contemplate an exit....
Tom Mohr Tom Mohr
13 min read

Funding & Exits – Chapter 12: Venture Debt

Some use “venture debt” to describe any loan provided to a venture backed startup — whether it be the seed stage convertible note, the commercial bank...
Tom Mohr Tom Mohr
6 min read

Funding & Exits –  Chapter 11: Commercial Banking

  Your commercial banking relationship is important to your financial health. Any business bank provides critical financial infrastructure: your bank accounts, credit card services,...
Tom Mohr Tom Mohr
7 min read

Funding & Exits –  Chapter 10: Venture Capital

Once you have passed Minimum Viable Product and are closing in on Minimum Viable Repeatability, you enter the realm of early-stage VC investing. As...
Tom Mohr Tom Mohr
5 min read

Funding & Exits  –  Chapter 9: Incubators, Accelerators, Angels…

The journey of company building is marked by value inflection points. As you progress from Minimum Viable Category to Initial Product Release to Minimum...
Tom Mohr Tom Mohr
7 min read

Funding & Exits – Chapter 8: Startup Funding: From…

Six steps take you from term sheet preparation to a closed financing. They are: Prepare for term sheet negotiations Hold term sheet negotiations Line...
Tom Mohr Tom Mohr
7 min read

Funding & Exits  – Chapter 7: Startup Funding: The…

Some terms are more important than others. Here, we look at the most important ones.   Convertible note: discounts and caps Convertible notes are often...
Tom Mohr Tom Mohr
8 min read

Funding & Exits  -  Chapter 6: Startup Funding: The…

At every investment stage, management and investors seek to appropriately balance risk and reward. This balance plays out in both the economic and moral...
Tom Mohr Tom Mohr
11 min read