kima

What Kima is doing is new and innovative and the people behind Kima are savvy and sophisticated players in the startup investment world.

If the startup is at a later stage, we will be happy to check it through Kima Ventures.

This stands in pretty sharp distinction to the Kima terms, which involve preferred stock and a number of strings.

One reason why Kima appeals to me surely is the fact that you two are heading it.

From the FAQ: > [We] will continue to make investments via Kima Ventures at earlier/later stages or lower/higher valuations.

Hope YV and Kima is more representative of a new normal than a passing fad.

If you take the Kima offer, you will wind up doing an equity round.

Projects looking for funding outside Kima15 can be submitted via the Kima Ventures website.

Or, 85% * some risk of Kima behaving 'badly' (from the founders' perspective).

However, they invite you to talk to other Kima family companies, so I'd definitely do that and talk about business operations and decision making in the context of those Kima rights with them.

I think the Kima pitch has a lot in common with the PG worldview -- founders want fast decisions, money, network.

But, again, there are always trade-offs and founders should weigh these carefully in deciding whether the Kima way is the way they want to choose.

You have completely taken up the "hatching investments" space, Kima will completely take up the burst-investment space.

So everyone else knows they won't, and no one asks "why isn't Kima investing in this round?".

Kima is not a startup school for "teach me" founders.

Having read the term sheet, I'll say that the desire to get for Kima the post-acquisition excess benefit of any acq-huire exit seems a reasonable request in concept ("Equalization of financial terms") but it does make the 15% more expensive if there are others who would invest similarly without it and figure that N % will acq-huire instead of failing, stalling, or growing.

But that's fine, because your expertise is a more long-term approach over several months, Kima's expertise are burst-investments.

Kima reserves the right to cull through the submissions and pick from the best only.

Kima Ventures is probably the fastest and most efficient VC I had the pleasure working with.