by Multeam | Jul 24, 2023 | Levée de fonds
The usual valuation methods are generally based on comparable values or discounted cash flow… and on a company’s history. Since venture capital-backed companies, by definition, have no history of profitability, these methods are not suitable. The logic of...
by Multeam | Jul 24, 2023 | Levée de fonds
A very formal document (not easy to read!), it often exceeds 50 pages in length (!), but you need to make the effort to understand it, as it is the reference document for relations between investors and founders. The negotiation of certain clauses is often laborious...
by Multeam | Jul 24, 2023 | Levée de fonds
Dilution is a key factor for future investors when raising a Series A. Indeed, funds may fear that founders who are too diluted will see their motivation diminish in relation to capital gains targets, or even that they will leave the project prematurely if the company...