Gunderson Dettmer’s Post

Bär & Karrer advised investor Coatue in an oversubscribed USD 10.7 million seed financing round for DeepJudge, advised by Wenger Vieli. The round also saw participation from several angel investors such as Gokul Rajaram and Michele Catasta and existing investors including Thomas Dübendorfer, Daniel Sauter and Felix Ehrat. VC/M&A partner Raphael Annasohn (pictured left) led Bär & Karrer’s team, which also included Lukas Bründler and Julian Lindt (both VC/M&A), Luljeta Morina (employment), Susanne Schreiber (tax), and Christine Schweikard (IP/IT/data protection). Venture Capital/M&A partner Michael Baier (pictured right) led the Wenger Vieli's team, which included Patric Eggler (partner, tax), Dominique Mattmann (senior associate, venture capital/M&A) and Kianoush Sadeghi (associate, venture capital/M&A). Read the full article >> https://lnkd.in/dqrxMwqg #Legalcommunitych #legaladvisor #financing

We are happy to announce that SSK&W was named No. 3 in terms of VC transactions handled in the CEE region according to Pitchbook (3 VC transactions). Based on Pitchbook results – SSK&W advised on 9 VC deals in the first half of 2024. It is worth to mention that we have also advised on 3 M&A deals this year! SSK&W has been also included as No. 12 in Europe as the law firm acting in the IT hardware sector. We would like to thank all our Clients for their trust! Todd Meredith Barry Corr Leszek Orlowski Marcel Animucki Bartlomiej Lozia Slawomir Piwko Bartosz Składzień Jacek Blonski Piotr Sławski 🐗 Michał Lechowski Jerzy Krawczyk Jarek Wojczakowski Piotr Krukowski Marek Redzimski Marcin Koziorowski Joanna Manikowska Kacper Kossowski Maciej Majchrowicz Frank Thieser and others! SSK&W provides services to VC funds when investing in technology companies (as part of pre-seed and seed rounds and subsequent rounds, including preIPO), as well as when exiting the investment. SSK&W provides services to dynamically growing technology companies, ranging from ongoing services, to obtaining financing (including VC), and finally on the IPO or sale of business to a strategic partner. PitchBook’s league tables are the industry’s most comprehensive and independent coverage of venture capital firm and service provider deal activity. This annual report provides the most complete information on rapidly changing trends in venture capital deal making.

"More investors have been trying to add a specific clause to funding round documents, dubbed unofficially a “portfolio sale clause”, venture lawyers tell Sifted. Simply put, this clause enables VCs to sell their shares in the company they’re investing in without giving other investors the right to block it or sell their own shares at the same time. This provision would only apply if the VCs were to liquidate their whole portfolio, not just the individual stake in that one company." https://lnkd.in/eNMb9p2E #vc #portfoliosaleclause

Are you effectively structured for a pre-seed and seed raise? As an early-stage founder, structuring your pre-seed and seed raise effectively is crucial to avoid hassle down the line. Investors don’t just invest in ideas; they also want to know that you can effectively manage a cap table and possess the necessary proficiency to structure your fundraising efforts for long term success. If you’re looking to simply deepen your knowledge to plan ahead, or/and are already doing a raise, Female Founder House virtual workshop this Friday Dec 8 (12-1pm ET) is for you. Here’s what we’ll dive into: —> What is a convertible security, and how do they compare, e.g. a convertible note versus a SAFE? —> What are the typical terms when raising pre-seed money, and what expectations are reasonable? —> Raising Pre-Seed/Seed Money on Convertible Securities (e.g. Convertible Notes, SAFEs, etc.) and its impact on company ownership —> Explaining Company “Valuations” as it pertains to Convertible Securities (and clarifying certain misconceptions) —> Understanding your own Cap Table (and the importance of keeping this in order) This workshop is led by the legal masterminds Justin Lurie and Alexa L. from Crowell & Moring LLP, a renowned international law firm focused on supporting a company's legal needs from startup funding through their exit. Sign up link in comments below!!!

If I Would Like To Start A #Venture Capital Firm, What Are The Key Things That I Should Keep In Mind At The Early Stage Of My Firm? https://lnkd.in/dYkYch47 #Riskprofile #TheStateofVentureCapital #Ventureperformance

🚀 Ready to take your #startup to the next level? #Navigating the #VC world can be tricky, but with the right guidance, it’s a game-changer! 🌟 ✨ Introducing the #Raise Capital Program! ✨ 🔹 Expert assistance in #negotiating with #VCs 🔹 Strategic insights for signing that all-important term sheet 🔹 Top-notch legal support to ensure your interests are protected 💥 Don’t miss out! Get a FREE consultation to connect with #investors and set your venture on the path to success. 💡 🔗 Fill out this form to connect with investors: https://lnkd.in/eqBwjVgk 💼 Ready to elevate your business? Register with the Raise Capital Program now! 🎯 🔗 Register here: https://lnkd.in/eGxp9Bf9 🔥 Let’s turn your vision into reality! 🔥 #StartupSuccess #VentureCapital #FundingGoals #InvestorRelations #BusinessGrowth #StartupJourney #CapitalRaise #VCNegotiation #LegalSupport #StartupCommunity #BusinessAdvice #StartupFunding

Navigating the VC Fundraising Squeeze: Insights and Strategies PitchBook 's recent quarterly fundraising totals highlight a stark reality in the VC world - a marked decline in U.S. #VC funds raised in Q1 2024. This underscores a cautious approach by limited partners amidst a slowdown in #IPOs and M&A's, highlighting a critical juncture for the venture ecosystem. The scenario brings to light the pivotal role of selectiveness and passive investing strategies. As the landscape becomes more challenging, VCs' success increasingly hinges on their ability to discern and adapt, underscoring the need for a strategic pivot towards more judicious investments. Amidst this backdrop, the role of Corporate Venture Capitals (#CVCs) becomes ever more crucial. Their increased activity not only injects much-needed capital but also strategic value into the startup ecosystem. In these turbulent times, CVCs could well be the beacon of innovation and investment continuity, pointing towards a resilient path forward. For a deeper dive, check out the full article on: https://lnkd.in/eNrMD3AH

If I Would Like To Start A #Venture Capital Firm, What Are The Key Things That I Should Keep In Mind At The Early Stage Of My Firm? https://lnkd.in/dYkYch47 #Riskprofile #TheStateofVentureCapital #Ventureperformance

PitchBook released their most recent quarterly fundraising totals yesterday and #venturefunds are facing their smallest success since back in 2013. This would appear to put more pressure on private companies to finally have to begin preparing for #IPO or #M&A. The report appears to mirror the fall off in mega funds reported yesterday by the Financial Times showing these flagship funds also running into problems. What do you think? #management #venturecapital #privateequity #capitalmarkets https://lnkd.in/gXdvtwJN

Marketplace models in violation of free-market principles never scale. https://lnkd.in/eKmbgFde #AssetManagement #CalPERS #EconomicFramework #FundofFunds #Innovation #IPO #JesusArguelles #JosephDear #Limitedpartners #NVCA #Pensionfunds #Sacramento #Subprime #ThePublic #TheStateofVentureCapital