Kruze consulting Blog

Accounting, Finance, HR and Tax for Startups

Venture Debt: Warrant Coverage Upfront or On Usage

Venture Debt: Warrant Coverage Upfront or On Usage
Posted on Thu, 15 March 2018 by Scott Orn

Let’s talk about warrant coverage in a venture leaning deal, and whether the warrant coverage should be based on usage or commitment.

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Forecasting Best Practices for your Startup

Forecasting Best Practices for your Startup
Posted on Thu, 15 March 2018 by Jim Gellas

Let’s talk about forecasting best practices, that’s building a three-year model that’s dynamic.

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Architecting Your Startup Forecast

Architecting Your Startup Forecast
Posted on Thu, 15 March 2018 by Jim Gellas

You’re going to build a three-year plan, and you’re going to start with a top-down approach.

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Why Do Startups Need a 409 Evaluation

Why Do Startups Need a 409 Evaluation
Posted on Fri, 9 February 2018 by Vanessa Kruze

The IRS wants you to have a 409A valuation so they can make sure that your common stock options have the appropriate strike price.

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Venture Debt Scouting Report: Square One Bank

Venture Debt Scouting Report: Square One Bank
Posted on Fri, 9 February 2018 by Scott Orn

This is your scouting report for Square 1 Bank and their venture debt services.

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Venture Debt Scouting Report: Comerica

Venture Debt Scouting Report: Comerica
Posted on Fri, 9 February 2018 by Scott Orn

Comerica is a huge venture lending firm, they’ve been doing it for a very long time, dating all the way back to when they acquired Imperial Bank.

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Venture Debt Scouting Report: City National Bank

Venture Debt Scouting Report: City National Bank
Posted on Fri, 9 February 2018 by Scott Orn

City National Bank is a great group to work with. They’re led by Rod Werner, who’s the consummate Silicon Valley deal-maker.

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Venture Debt Scouting Report: Bridge Bank

Venture Debt Scouting Report: Bridge Bank
Posted on Fri, 9 February 2018 by Scott Orn

Bridge Bank has been a venture lender for a long time, but they used to be a much smaller bank. Recently they were acquired by a large bank, so their balance sheet is really big so they can do much bigger deals.

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Kruze Consulting’s Role in Placing Venture Debt

Kruze Consulting’s Role in Placing Venture Debt
Posted on Fri, 9 February 2018 by Scott Orn

All of our clients know to call us but there’s a lot of people out there or a lot of startups that don’t know that we do this on an ad hoc basis.

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Venture Debt Scouting Report: WTI

Venture Debt Scouting Report: WTI
Posted on Tue, 6 February 2018 by Scott Orn

WTI has been around for I think about 30 years. They’re one of the major players in the VentureNet market, and they specialize in doing very large deals and very flexible deals.

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Venture Debt Scouting Report: Triplepoint

Venture Debt Scouting Report: Triplepoint
Posted on Tue, 6 February 2018 by Scott Orn

Triplepoint’s a very large fund, a very aggressive lender in the venture debt marketplace.

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Venture Debt Scouting Report: SVB

Venture Debt Scouting Report: SVB
Posted on Tue, 6 February 2018 by Scott Orn

SVB is one of the largest players in the venture debt market. They’ve been servicing start-ups for many, many years.

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Venture Debt Pre-Payment Penalty

Venture Debt Pre-Payment Penalty
Posted on Tue, 6 February 2018 by Scott Orn

Pre-payment means that you’re going to pay back your loan early. You know, typically, when a venture lender makes a deal, they project out the total interest they’re going to capture over the life of the loan, and that’s their return.

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VC Liquidation Preferences

VC Liquidation Preferences
Posted on Tue, 6 February 2018 by Scott Orn

For those who don’t know, a liquidation preference gives a venture capitalist the right to get their money back before other shareholders.

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Tax Reporting ISO and NQSO

Tax Reporting ISO and NQSO
Posted on Tue, 6 February 2018 by Vanessa Kruze

This is a big question that we get in December and January of each year. What should we be doing with all of those employees and contractors that you’ve given ISO’s and NQSO’s too?

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