Remove 1999 Remove Entrepreneur Remove Mobile Remove Valuation
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It’s Morning in Venture Capital

Both Sides of the Table

The movie, “The Social Network” might have had more of an impact on creating future entrepreneurs than any other event of the past 5 years. Yes, it’s true that FOMO (fear of missing out) is driving some irrational behavior and valuations amongst uber competitive deals and well-financed VCs. Mobility really changes everything.

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Startup Founders Should Flip Burgers

Both Sides of the Table

But some companies have entrepreneurs that seem talented on paper, are in a space that seems interesting to investors and are able to raise venture capital early in the company’s existence. I always encourage young entrepreneurs now to flip burgers for as long as they can. Fast forward 5 years to my second company.

Founder 299
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Revisiting Paul Graham’s “High Resolution” Financing

Both Sides of the Table

Not that they’re “such a bad idea&# but more that there are inherent problems for entrepreneurs in the process of raising angel money that need to be addressed. This leads to the problem of “herding cats&# for entrepreneurs raising angel money. Here’s where I feel common ground : 1. I agree on all points.

Finance 286
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Stock Market Drops. Then It Rallies. What Happens Next for Funding?

Both Sides of the Table

Valuations were enormous relative to progress in companies. Companies with less than $2 million in revenue were asking for $50-60 million valuations and getting them. I spent my days meeting companies, figuring out what areas of the market interested me and trying to get a sense for how VCs thought about fair valuations.

Stock 305
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LinkedIn: The Series A Fundraising Story ? AGILEVC

Agile VC

I also joke with Reid Hoffman that this was back in the days before he was “Reid” Reid’s an incredible entrepreneur, startup investor, and human being. The terms and valuation for both offers were comparable and when the team debated which path to choose, we all agreed both firms would have made good partners.

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10+ Trends: Recap of 2011 and What’s Next…

thebarefootvc

In India, two female journalists launched a mobile app to allow women to report harrassment and abuse, an issue in their hometown of Delhi and throughout the world. Applications such as Xtify , Local Response , and Placecast provided turnkey mobile solutions for retailers to target consumers.

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How to Discuss Stock Options with Your Team

Both Sides of the Table

I was thumbing through Twitter messages on my Blackberry on Monday (I use Twitter as a “ mobile first, web second &# product) when I saw the following Tweet (see graphic). I freely admit this (along with nearly everything between 1999-2000) was a mistake. Valuation or percentages – it’s up to you.