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Newfund

Honey, I shrunk the term sheet!

For French readers : in the US most seed investments are now on SAFEs (West Coast) and convertible notes (East Coast). When it’s an equity round, the term sheet mostly follows the US National VC Association (NVCA) template.As an early-stage fund, we…
Anne-Sophie Nedellec
Fundraising Advice

How to raise your Seed round in San Francisco if you're an international startup (via Zoom) ?

Ever since Newfund Capital landed in the US in 2013 via a “flip” of one of its portfolio companies, its american-ess has progressively increased : 1/3 of our investments are state-side, 15% of our LPs live in the US, 25% of the Newfund team has an…
Augustin Sayer
Startup Tips

Predictive Churn Indicator

Not all revenue is equal. Figuring out how strong yours is remains key for the future of your business, especially in a post-covid world and the likely crisis.Typical result for the “cigarette analysis”.When facing troubles, most entrepreneurs (me…
Operating Team
Newfund

Is Newfund useful?

With a massive slowdown of our inbound deal flow due to Covid-19, we decided to pause proactive investments for two months (apart from committed term sheets & hand shakes) and ask ourselves how we could be more useful to our founders?55% of total…
Operating Team
Newfund

Portfolio analysis in trying times

With the Covid-19 crisis hitting all data points at full speed, valuations as of Dec 31st, 2019 became obsolete. We needed a new tool to assess the health of our portfolio for internal prioritization as well as LP reporting. In this article, we…
François Véron
Fundraising Advice

Business Angels or Seed Funds?

I must hear it every day. Should you raise your seed round with a few Business Angels (BAs) or should you raise with a Venture Capital Seed fund?I am obviously biased since I work for a VC fund, but I once raised money from Business Angels as an…
Augustin Sayer
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