Both Sides of the Table

APRIL 2, 2010

This is part of my series on Understanding Venture Capital. And funds also have investments from the partners of the firm. For example, my firm, GRP Partners, has a $200 million fund that was closed in March 2009 and we have 4 investment partners. So VCs often raise money every 3-5 years if they can.

Venture Capital 269

Venture Capital Balance Sheet Early Stage Software Review 269

thebarefootvc

AUGUST 13, 2013

Whereas I may have seen a dozen companies in 1999 with a point solution in a particular area, now I see multiples. You will quickly see how crowded the space really is, how big a pain point you are solving and who potential partners are. Best of breed solutions have exponentially multiplied, in both the enterprise and consumer sectors.

Advisory Board 70

Advisory Board Cloud Venture Capital Vertical 70

Both Sides of the Table

AUGUST 9, 2011

Venture Capitalists typically have partners’ meetings on Mondays. So the industry formed around a day of the week when all partners could avoid having company board meetings or traveling. I introduced my partners, we spent weeks with the team and felt good rapport. Why is that? Yesterday was a Monday. We did not.

Stock 305

Stock Technical Review Marketing Greece 305

Both Sides of the Table

JANUARY 16, 2012

There is all sorts of advice on the Internet about how to raise capital. I’ve raised money as a “hot company” and I’ve raised capital when no one would return my phone calls. I’ve raised in boom markets and when everybody thought the Internet was a fraud. Partners make investment decisions.

Developer 366

Developer Silicon Valley PR Las Vegas 366

Ben's Blog

MAY 24, 2021

Editor’s Note: This testimony was delivered by a16z managing partner Scott Kupor to the U.S. By way of background, I am the Managing Partner for Andreessen Horowitz, a $16.5 billion multi-stage venture capital firm focused on IT-related investments… I also serve on various investment committees, including for the St.

SEC 36

SEC Accredited Investor IPO Technical Review 36

Feld Thoughts

APRIL 7, 2017

Many Internet companies are struggling. We took Interliant public in 1999 on the second attempt (the SEC didn’t clear the filing until a week after the end of the first road show, our first of many misfires with Merrill Lynch, who was our lead banker.) The NASDAQ peak is in the rear view mirror.

SEC 148

SEC New York Venture Capital Partner 148

Feld Thoughts

JULY 31, 2014

This LP is also a long time investor in Union Square Ventures and was one of the first people Fred introduced us to when we started raising the first Foundry Group fund in 2007. The prior fund that I had co-founded – Mobius Venture Capital – had blown up after having a very successful first fund in 1997.

LP 155

LP Advisory Board Venture Capital Early Stage 155

Both Sides of the Table

MAY 19, 2019

It was 1999 and I had valuable Internet skills. They called the partner in America responsible for the project, Grieg Coppe, put him on the phone and he said, “what the hell are you doing there?” I left Accenture a year before making Partner. By now I knew the world worked on a pull model and that I had to ask.

Japan 253

Japan Chicago Europe South America 253

abovethecrowd.com

APRIL 20, 2016

All Unicorn participants — founders, company employees, venture investors and their limited partners (LPs) — are seeing their fortunes put at risk from the very nature of the Unicorn phenomenon itself. The same thing happened to many Internet stocks. If 1999 was a wet (read liquid) bubble, 2015 was a particularly dry one.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

David Teten

JANUARY 8, 2013

According to Jeff Bussgang, General Partner at Flybridge Capital Partners, about 10-15% of the 1,000 active venture capitalists in the U.S. Fewer private equity funds are using social media for outreach, but 2xPartners , Healthpoint Capital , and MCM Capital Partners are notable exceptions.

Private Equity 114

Private Equity Social Media Equity Media 114

Feld Thoughts

NOVEMBER 24, 2016

When I make a list of non-family members and non-partners who I would want to be stranded on a desert island with, Jerry is at the top of the list. Jerry became partners with Fred Wilson and they started Flatiron Partners. In 2002 Jerry retired from venture capital and went on his own personal journey for meaning.

Non-Compete 70

Non-Compete LP Venture Capital Affiliate 70

www.inc.com

SEPTEMBER 24, 2011

Internet and Online Business. Before Roving Software could receive its first round of financing from professional investors, in early 1999, he had to put all the stock arrangements in writing. Durkin , managing partner with the Boston -based law firm Lucash, Gesmer & Updegrove LLP. FROM OUR PARTNERS. ); ); ); ADVERTISEMENT.

Fractional CTO 40

Fractional CTO Equity Iowa Technical Cofounder 40

David Teten

JANUARY 10, 2012

Christopher Fralic, Managing Partner, First Round Capital. Nikhil Kalghatgi, Senior Associate, SoftBank Capital. Christopher Fralic is a Managing Partner at First Round Capital’s New York office, and has focused on a number of the firm’s investments in Advertising Technology, Social Media, Ecommerce, Gaming, Mobile and more.

Portfolio 122

Portfolio New York Social Bookmarking Philadelphia 122

online.wsj.com

JULY 11, 2012

The Wall Street Journal is phasing out support of the Internet Explorer 6 (IE6) browser. Internet Explorer. Over the past two years, one of the most influential venture-capital firms has turned the usual rules of start-up investing on its head. An important message from The Journal. Apple Safari. Google Chrome.

Silicon Valley 42

Silicon Valley Founder Software Review Technical Review 42

Steve Blank

JUNE 29, 2009

No one will say work less and go home and spend time with your partner and/or family. Reply 7thpixel , on June 29, 2009 at 10:23 am Said: My first start up in 1999 I was employee #10 or so and signed up for a Graphic Designer position. No internet, no blogs, no books [.] No one will say that it’s time to move on.

Agile 245

Agile Silicon Valley RSS California 245

thebarefootvc

DECEMBER 16, 2011

What’s different this time around (as opposed to the tech bubble of the late 1990s) is the widespread use of technology, “digital natives” (millennials who grew up with the Internet and mobile phones) coming of age, and a cultural shift towards self-employment and risk taking (again, powered by stark economic realities).

Technical Review 110

Technical Review India Mobile Hockey Stick 110

Both Sides of the Table

JANUARY 31, 2010

Mine started this way … I started my first company in the “go-go years&# of the Internet: 1999. We raised a seed round of capital in 1999 and our first venture capital round was the first week of March 2000 (e.g. We found a way to get a round of venture capital closed after all of this.

Entrepreneur 308

Entrepreneur Silicon Valley San Diego Non-Compete 308

David Teten

MARCH 2, 2013

See the Techcrunch posts by my Partner John Frankel and Professor Robert Wiltbank , my recent post on the quality of angel returns data , as well as reports from the Silicon Valley Bank and Kauffman Foundation. Partners at smaller funds, by contrast, have to hustle before they can cover their mortgage.

LP 114

LP Securities and Exchange Commission Silicon Valley Venture Capital 114

David Teten

FEBRUARY 6, 2013

David Teten, Partner, ff Venture Capital ; Chairman, HBS Alumni Angels of Greater New York. From April 1999 until June 2006, Mr. Dahl served as the head of Global Healthcare for the Carlyle Group, a leading private equity firm, where he was responsible for the firm’s investments in the healthcare field.

Private Equity 114

Private Equity North America Cofounder Angel Groups 114

Growthink Blog

MAY 18, 2010

Last week, Denver-based Internet Pawn (InternetPawn.com) raised $1.5 million in funding from Daylight Partners and Access Ventures. Conventional thinking would say that Internet Pawn was too late to the game and thus had no chance of success. Tags: Dave Lavinsky Venture Capital.

Denver 54

Denver Venture Capital Business Plan Internet 54

Scalable Startup

FEBRUARY 1, 2013

And now all of a sudden you have got this global market of all these early adopters that have smartphones connected to the Internet, and they can just pick up their things and run with them. So it would seem like they are an antidote to, or at least less offensive than, social/consumer Internet companies are to the public markets.

Software Review 22

Software Review Startup Venture Capital Stock 22

VC Adventure

NOVEMBER 24, 2009

In the latest lob into the morass that has become somewhat of a sport amongst journalists and those that follow the venture capital industry, Carl Schramm and Harold Bradley write in BusinessWeek about “ How Venture Capital Lost Its Way ”. Venture capital funding is down - from an “astonishing” 1.1%

Venture Capital 48

Venture Capital Technology Advertising Internet 48

Both Sides of the Table

FEBRUARY 22, 2011

You may feel as I did in 1999 that the more smart people around the table the more intros you’ll have, the more sage advice you’ll receive and the more impressive you’ll seem to outsiders. Let’s say each of those 5 partners has at least 7 other investments each. The Perils of Many.

Dilution 314

Dilution Cap Table Due Diligence Option Pool 314

Pascal's View

AUGUST 21, 2011

question in venture capital. This time, the debate centers on the “favored few” Social Media venture backed companies that have brought tremendous windfalls to a select group of venture funds and management teams, both pre- and post-IPO. Welcome to the latest passionate debate over the ‘valuation bubble or not?’

Valuation 50

Valuation Social Media Media IPO 50

thebarefootvc

JULY 3, 2016

New York City : NYC is growing as a startup hub; yet early stage (seed, small A rounds) institutional capital has not kept up with the local growth. FPV’s portfolio has offices in 10 countries around the world – in those companies headquartered outside of the United States, we partner with local investors that we trust.

North America 40

North America Early Stage New York City Portfolio 40

thebarefootvc

FEBRUARY 3, 2016

New York City : NYC is growing as a startup hub; yet early stage (seed, small A rounds) institutional capital has not kept up with the local growth. FPV’s portfolio has offices in 10 countries around the world – in those companies headquartered outside of the United States, we partner with local investors that we trust.

North America 40

North America Early Stage New York City Portfolio 40

Austin Startup

MAY 3, 2017

Today’s economy is substantially more freelance for one, but as it pertains to technology and innovative entrepreneurship, we find ourselves in an era that is bringing tech to traditional industries that have yet to have fully embraced what the internet has caused: data, connectivity, globalization, scalability, and efficiency. Imagine that.

Texas 48

Texas Startup Silicon Valley Bootstrapping 48

Campus Entrepreneurship

APRIL 18, 2012

I have worked for 3 ‘internet startups’ over the past 14 years (my first.com was in 1999) and the two that relied on ‘free’ models (even with ‘freemium services’) did not survive. Koller said of her company’s partner institutions. The article explores some major players and their actions.

Pennsylvania 40

Pennsylvania Michigan California Venture Capital 40

This is going to be BIG.

NOVEMBER 7, 2011

The difference between many of these companies and what we saw back in 1999 is that there are real revenues and revenue growth at many of these companies--and their costs are largely in people, which can always be trimmed down. I met with a major institutional limited partner the other day--the kind of money that funds VC's.

Angel Investor 104

Angel Investor Valuation Startup Revenue 104

Seeing Both Sides

MAY 26, 2009

Amid the hoopla a few weeks ago at the annual NVCA meeting, where the focus was rightly on improving liquidity, it was barely noticed that a new chairman was elected – Polaris co-founder and managing general partner Terry McGuire, one of the leading life sciences investors in the industry.  3)      Life sciences.

Private Equity 20

Private Equity Boston Massachusetts IPO 20