Our "Day One" Series is for startup leaders who JUST raised venture capital.
Topics include: Board management (preparing to have a board, creating your board meeting materials), Sales (managing very early customer development/pilots/sales), Recruiting, Finance (basic financial modeling, cap table 101)
Sunil Nagaraj discusses the big mindset shift you need to make as you approach your first board meeting, as well as the role of a board, optimal frequency of meetings, and common mistakes and solutions.
Sunil Nagaraj walks through how to approach your first board meeting deck and what specific areas to cover.
In this session, Ivan Gaviria of Gunderson Dettmer takes us through the 5 main legal documents behind a standard VC financing (SPA, Charter, IRA, Voting, and ROFR/Co-Sale) -- discussing the philosophy as well as watchouts.
In this session, Sunil Nagaraj explains how startup cap tables work. He starts with a blank Excel sheet and builds up a new startup's capitalization table ("cap table"). It begins with 2 co-founders with an initial option pool, then we model in a pre-seed
Sunil talks about the investigative approach of the "entrepreneur as scientist" in charting early customer development and searching for a repeatable and scalable business model.
Sunil Nagaraj talks through a simple but practical financial model appropriate for pre-seed or seed-stage startups that are at the pre-revenue, early pilot, or early revenue stage.
View/copy the Google Sheets template at https://bit.ly/3ZvKcIC