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Want to Know How VC’s Calculate Valuation Differently from Founders?

Both Sides of the Table

Back in 1999 when I first raised venture capital I had zero knowledge of what a fair term sheet looked like or how to value my company. Due to competitive markets we ended up with a pretty good term sheet until we needed to raise money in April 2001 and then we got completely screwed. This is a shame. This is silly talk.

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Angel Investing (1): Dealflow – Are You Sitting at The Right Poker Table?

Both Sides of the Table

This is exactly what happened in the broader VC industry between 1999-2001 as many people without the requisite skills entered the industry. Their first call is often into one of the above or the many other successful early stage investors including Marc Andreessen, Jeff Clavier or Mike Maples.

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In a Strong Wind Even Turkeys Can Fly

Both Sides of the Table

By 1999 we had grown into the largest independent consulting firm in the world. By 1999 it seemed like everybody was growing, though. I left Andersen Consulting in 1999 at the height of the market. Within a year, by late 2000 / early 2001 consulting firms were firing people en masse.

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Bullpen Capital's Duncan Davidson on VC Funding and "The Era of Cheap"

ReadWriteStart

Bullpen is one of a growing number of early-stage funds - or, perhaps more accurately, "earlier-stage," since even his is no longer the first out of the gate. They all went away; they got rolled up in 1999 and 2000 into these too-big-to-fail banking operations," Davidson tells us. Brown & Sons, Montgomery Securities.

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Market Truths

thebarefootvc

I’ve seen several cycles in the market since I first started venture investing in 1999, and I believe there has been no greater potential for wealth creation in the sector than there is now. However, many variables come into play when investing at the early stage.

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Market Truths

thebarefootvc

I’ve seen several cycles in the market since I first started venture investing in 1999, and I believe there has been no greater potential for wealth creation in the sector than there is now. However, many variables come into play when investing at the early stage.

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Market Truths

thebarefootvc

I’ve seen several cycles in the market since I first started venture investing in 1999, and I believe there has been no greater potential for wealth creation in the sector than there is now. However, many variables come into play when investing at the early stage.