I’m a VC/IPO/M&A lawyer and was looking for some easy videos to explain startups, VC funding, etc. to my 18 year old daughter who is beginning business program at college. This video and this entire series is excellent. I also used to teach this stuff at MBA/Law school and explaining these things in a concise and easily understandable way is not all that easy. Great job to the Slidebean guys. And yes, as you mentioned in another video, what you have done with your company and technology is amazing even if you did not displace PowerPoint, etc. Congrats on your success and on eventually figuring who you really are and what your market is. Sadly, most tech entrepreneurs never make it that far.
This feels like a MBA class in 15 mins brilliant
Thanks for the video! Btw, the calculation at 12:00 seems to be wrong. Gus and Madrigal's data seem to be reverse. Let me know if I misunderstood it. Gus: 525K / 7M * 1M = 75,000 shares Madrigal: 1M / 50M * (1M + 75,000) = 21,500
I'm just stunned by the amount of information your video conveys, things that my four years Bachelor failed to explain in such a simplified and structured way.
You are the only one who is delivering these valuable contents on YouTube love and thanks from India
A new world has been open to me on YouTube. The clarity is refreshing and is exactly on the subject I need at this stage of my start-up
what can i say; except to say ,thank you! I am a BDS consultant from Ethiopia (Africa). I thank God i found you, because you make what seem to be unnecessary complicated concept easy to understand not just for a BDS but to my clients who are startups and for Free. just wow. Please continue what you are doing. I share your videos on LinkedIn community in my network-making sure it reaches as many as possible. I love you guys :)
Great content Asma'a - apreciated! Just to correct 11:59: Walter/Jesse: 500.000;45.6% //Gus 75.000;6.84%//Madrigal 21.500;1.96%
This is beyond wonderful. I actually understand this. I paid a lawyer to break this down and the lawyer didn't even know what they were looking at. This now helps me with making my decision on signing a contract or passing. Thank you so much.
This channel is making me fall deep in love with startups, more than I was alredy. Thank you very much for the excellent material!
The most effective explanation I've come across! Have subscribed! Looking forward to your view on vesting.
Issuing a correction/clarification. There's an error on 10:58, the colors and percentages for Gus and Madrigal are inverted.
This is great! Though your math at 10:56 is off: 525k/4MM is 13.125% -- but assigning Gus 131.25k shares assumes there was 1MM shares to divy up, but they would've issued new stock for Gus. So he would've had 13.125% of the new total (incl. issued), so 151k shares, bringing the total to 1.151MM shares. This is a classic markup/margin calc error, a simple mistake (I didn't touch Madrigals calc, but I'm sure the above would change her numbers as well).
Dude you’re the best mentor that i have never got, but seriously man that was the best explanation of equity that i have ever heard thanks!!!
It's funny how much information this 15 min video has, really helpful, thank you and keep up the amazing work
I cannot thank you enough for this comprehensive yet approachable lesson! I look forward to watching more of your videos 🙏🏾
Great video - complex topic explained simply. One question - at 11m:59s, the numbers of shares to Gus & Madrigal (and their percentages) seem to have been switched, and the total is more than 100%. Would be nice if you reposted the corrected percentages and numbers of shares at that time stamp.
Thank you , really enjoyed the presentation and was well worth watching. Note on the supercharged round you flipped the values for Gus and Mardrigols position. Gus with the 7 million cap should have a larger amount than Margo with her 1 million investment and 50 million valuation. please check it out thanks again for the video .
This is the best YouTube University has to offer around start ups. Your content and delivery keeps getting better and better. Much love and support from Chicago!
@slidebean