Chris Gonzales

Pro-Rata rights are a mechanism where investors can maintain thier share in the company through further funding rounds

(.ie 10% 20% etc)

The problem is if this baked in the term sheet the wrong way then it will result in over dilution

Be aware of the pro Rata rights #econsky #startups

Let’s talk Pro Rata Rights.

I know it’s Q4 and term sheets in the Venture World are spreading like wildfire

However, let’s not skip the fundamentals

How I Broke into Venture Capital (With Merchant Banking) What I once thought I was too "dumb" to do. Manifest itself now

Remember when you follow the way....the way appears

Check out my most recent newsletter. Be Sure to subsrcibe as well

open.substack.com/pub/lightspe...

#econsky #startups #banking #venturecapital

Traction can manifest itself in many forms in the pre-revenue stage

- LOIs (Letters of Intent)
- Prototype/MVP data
- Customer Interviews
- Waitlist

#startups #venturecapital

Currently AI is very capital intensive and one gigawatt a week cost over $40B dollars!

The largest IPO on record is aramco Will they one up them in valuation???? Let’s find out

#econsky #ai #tech

OpenAI plans to go public at the second half of 2026 at a 1 Trillion dollar valuation

Why are they doing this strategically at this moment?

Open AI wants to build 30 gigawatts of computing capacity and operate globally.

From board seats and valuation to liquidation preference and anti-dilution, mastery equals protection and power at the negotiation table. Don’t let your future hinge on fine print—know the mechanics, own your outcome.

#startups #founders #venturecapital #TermSheet101

Founders: knowing your term sheet isn’t just paperwork—it’s your shield and your playbook. Each term shapes your control, financial outcome, and long-term vision.

Join my X community "access to capital"
A place for founders and funders to exchange valuable ideas even outside the coast

X community: lnkd.in/g6c7Wv_M

Social media has a lot of Alpha in the VC/PE space. It's the one thing AI can't replace (a presence on the data space.

Join me on TikTok (50k) covering all things VC/PE/Policy/Tech
Tiktok: lnkd.in/guzinMA9

I used to chase chaos and volatility. Now I chase routine and consistency….

Greetings, just a reminder don’t be scared to take on new challenges and learn new skills

Seems that the stars align schedule-wise so I'm free

Question: Does anyone have a plug for @afro-tech.bsky.social tickets

Hoping I get a response lol

I’m a huge believer in subtle signs

I think this means that Argentina will be defending their World Cup title in 2026 (some of the Games will be in Houston btw)

Proud Argentine ❤️

Messi’s last ride will be a good one

@FIFAcom @FIFAWorldCup

Inflation erodes risk appetite by 15%. “Seed” no longer entices the institutional vanguard; founders bootstrap, awaiting an auspicious thaw.

#econsky #startups #venturecapital

$81.2B amassed, yet the gates stay bolted. Oversized portfolios shun $1-3M rounds, demanding proven $3-5K MRR and time-tested resilience—seed-to-Series A now spans 774 days.

#venturecapital #privateequity #econsky #tech #investing

AI is impact VC/PE in two different ways

AI reshapes Venture Capital and Private Equity distinctly. VC uses AI to scan vast data fast, spot startups, speed deal sourcing, and replace gut feeling with analytics.

PE invests in AI to boost operations, manage risks, and refine deal terms.

#econsky #startups #investing

Be wary, technical debt (the cost to implement AI) can eat into your capital raise before a term sheet is even issued

Estimated burden for 2025 AI-driven
startups:

Pre-seed: ~$75K–$150K (15–30 % of $500K raise)

Seed: ~$450K–$900K (15–30 % of $3M)

Series A: ~$2.7M–$5.4M (15–30 % of $18M)

Every experience you have had (win lose or pivot) compounds into the next phase of life. Pay attention to the season you are in and learn the skills #lifelesson

I don't know why people say that Angel Investors are hard to find.

Just research "Angel Groups near me" They tend to congregate together for a yearly membership to syndicate deals.

Thank me later #econsky

The dangers of vibe coding then raising venture capital.

Think like this

🔮 if everyone can vibe code it. Is it really defensible?

#venturecapital #startups

Not a fan

Q2 ’25: $91B VC (+11% YoY), $1.9B in hardware raises, +110% 2-yr growth. The real world is investable again.
#hardtech #startups #VC

The golden age is here for remodernizing old industries

The golden age of remodernization is unfolding. Capital is shifting from code to concrete—hard-tech, energy, materials, and advanced manufacturing.

Practice doing something hard so that way when life gets hard it’s easier to manage

For me it’s the Saturday morning long run before I get started with anything else

Real investors/advisors get their hands dirty too

This is the way #startups #econsky #venturecapital

A perfect example of a pre-seed raise

1) paint the picture
2) seasoned team
3) product roadmap

Tomorrow is not guaranteed. Focus on now