Carolynn Levy's guest appearances

Carolynn Levy

Y Combinator

Startup School by Y Combinator

Tim Brady

Ali Rowghani

Dalton Caldwell

Kirsty Nathoo

Jared Friedman

Kevin Hale

Adora Cheung

Andy Bromberg

Ammon Bartram

Ilya Volodarsky

Elad Gil

Daniel Gross

Elizabeth Iorns

Sam Altman

Aileen Lee

OwlTail

We've cut down the ninth week of lectures to be even shorter and combined them into one podcast.First, a lecture from Carolynn Levy. Carolynn is a partner at YC. Her lecture covers modern startup financing.Then a lecture from Jared Friedman. Jared is also a partner at YC. His lecture focuses on advice for hard-tech and biotech founders.***Topics00:00 - Intro00:33 - Carolynn Levy - Modern Startup Financing1:33 - The basics: form a corporation, need money to grow?, sell a part of the company2:58 - Fundraising terms3:58 - What has changed: structure, access, focus5:10 - What hasn't changed: preferred stock financing, valuation and dilution, communication6:42 - Old way of raising early money: Series A preferred stock financing8:33 - What was broken?9:33 - The transition: bridge loan financings10:46 - Realization: convertible promissory notes are a better way to fund early stage startups12:01 - Modernization of the convertible - SAFE (Simple Agreement for Future Equity)14:03 - When do priced rounds happen?15:12 - Is modern early stage financing perfected?18:01 - Takeaways19:30 - Jared Friedman - Advice for Hard-tech and Biotech Founders20:25 - What is a hard-tech company?21:35 - Why start a hard-tech company?25:06 - YC is the largest bio and hard-tech seed investor in the world25:49 - How much of YC's advice applies to hard-tech founders?26:33 - How do you make progress when you have a "heavy MVP"?31:49 - How do you prove people will want your product, if you haven't built it yet?32:57 - Letter of Intent34:10 - Fundraising for hard-tech and biotech companies36:15 - Final thought

We've cut down the ninth week of lectures to be even shorter and combined them into one podcast. First, a lecture from Carolynn Levy. Carolynn is a partner at YC. Her lecture covers <a href="https://www.youtube.com/watch?v=9qWZALyGSmg" rel="nofollow" target="_blank">modern startup financing</a>. Then a lecture from <a href="https://twitter.com/snowmaker" rel="nofollow" target="_blank">Jared Friedman</a>. Jared is also a partner at YC. His lecture focuses on <a href="https://www.youtube.com/watch?v=C1DlZWfI6rk" rel="nofollow" target="_blank">advice for hard-tech and biotech founders</a>. *** Topics 00:00 - Intro 00:33 - Carolynn Levy - Modern Startup Financing 1:33 - The basics: form a corporation, need money to grow?, sell a part of the company 2:58 - Fundraising terms 3:58 - What has changed: structure, access, focus 5:10 - What hasn't changed: preferred stock financing, valuation and dilution, communication 6:42 - Old way of raising early money: Series A preferred stock financing 8:33 - What was broken? 9:33 - The transition: bridge loan financings 10:46 - Realization: convertible promissory notes are a better way to fund early stage startups 12:01 - Modernization of the convertible - SAFE (Simple Agreement for Future Equity) 14:03 - When do priced rounds happen? 15:12 - Is modern early stage financing perfected? 18:01 - Takeaways 19:30 - Jared Friedman - Advice for Hard-tech and Biotech Founders 20:25 - What is a hard-tech company? 21:35 - Why start a hard-tech company? 25:06 - YC is the largest bio and hard-tech seed investor in the world 25:49 - How much of YC's advice applies to hard-tech founders? 26:33 - How do you make progress when you have a "heavy MVP"? 31:49 - How do you prove people will want your product, if you haven't built it yet? 32:57 - Letter of Intent 34:10 - Fundraising for hard-tech and biotech companies 36:15 - Final thought

#150 - Startup School Week 9 Recap - Carolynn Levy on Modern Startup Financing and Jared Friedman’s Advice for Hard-tech and Biotech Founders

YC Partner and GC Carolynn Levy details the basics of startup financing and how modern early stage rounds of financing are done using convertible securities, like the SAFE.

YC Partner and GC Carolynn Levy details the basics of startup financing and how modern early stage rounds of financing are done using convertible securities, like the SAFE.

Modern Startup Financing by Carolynn Levy

YC Partners Carolynn Levy, Jon Levy, and YC General Counsel Jason Kwon recap on legal mechanics for startups, in addition to common mistakes and problems.TranscriptLecture SlidesVideo Link

YC Partners Carolynn Levy, Jon Levy, and YC General Counsel Jason Kwon recap on legal mechanics for startups, in addition to common mistakes and problems.<ul><li><a href="https://jotengine.com/transcriptions/BTDiVwuOSjc5CQDJOyQGZw" rel="nofollow" target="_blank">Transcript</a></li><li><a href="https://www.dropbox.com/s/tufxtzgtj3ak20k/Carolynn%20Levy%20-%20Startup%20Legal%20Mechanics.pdf?dl=0" rel="nofollow" target="_blank">Lecture Slides</a></li><li><a href="https://www.startupschool.org/videos/35" rel="nofollow" target="_blank">Video Link</a> </li></ul>