Both Sides of the Table

APRIL 13, 2011

Yeah, that was when I changed for me…” “…there was so much positive feedback on demystifying this one element of venture capital. Brad’s start in Venture Capital. One of the successful investments was a company called Nigenisis, which ended becoming a public company in 1999. was starting.

Technical Review 288

Technical Review Venture Capital Silicon Valley Software Review 288

Both Sides of the Table

JUNE 8, 2010

Greycroft is Alan’s venture capital firm that recently raised its second fund ($130 million) with offices in both New York and LA. We’re here for Greycroft’s CEO Summit – a gathering of the CEO’s of their portfolio companies with guest speakers covering topics including how to build your team, PR, customer development, etc.

PR 279

PR Technical Review Portfolio Customer Development 279

Both Sides of the Table

APRIL 2, 2010

This is part of my series on Understanding Venture Capital. I saw it myself in 1999-2002 when it was hard to charge for my product because all of my competitors raised large rounds of capital and were giving away their products free fueled by large VC rounds. I wouldn’t rule any decent firms out.

Venture Capital 269

Venture Capital Balance Sheet Early Stage Software Review 269

ReadWriteStart

AUGUST 20, 2012

Today’s venture capital deal flow to innovative new companies looks a lot like a fat man trying to squeeze into a slim Italian suit. In 2000, venture capitalists poured a staggering $112.2 In 2000, venture capitalists poured a staggering $112.2 Today, venture capital deal flow has slowed to a relative trickle, just $28.4

Venture Capital 127

Venture Capital San Francisco Deal Flow Atlanta 127

Both Sides of the Table

SEPTEMBER 28, 2014

by Michael Woolf that is worth any startup founder reading to get a sense of perspective on the reality warp that is startup world during a frothy market such as 1997-1999, 2005-2007 or 2012-2014. If you have raised venture capital and you feel your runway (number of months cash left) is looking low have a conversation with your VC.

Burn Rate 383

Burn Rate Balance Sheet .Net Valuation 383

ReadWriteStart

AUGUST 20, 2012

Today’s venture capital deal flow to innovative new companies looks a lot like a fat man trying to squeeze into a slim Italian suit. In 2000, venture capitalists poured a staggering $112.2 In 2000, venture capitalists poured a staggering $112.2 Today, venture capital deal flow has slowed to a relative trickle, just $28.4

Venture Capital 66

Venture Capital Deal Flow Atlanta Incubator 66

Ben's Blog

JANUARY 31, 2012

The two most obvious are: Why did such a new venture capital firm raise so much money? How did such a new venture capital firm raise so much money? After raising our first round of funding for Loudcloud in 1999, we went to visit our new venture capital firm and meet their full team.

Venture Capital 78

Venture Capital Portfolio Cofounder Partner 78

crowdSPRING Blog

SEPTEMBER 6, 2012

The video above shows Billie Holiday (one of my favorite singers) singing “Strange Fruit”, a song that Time manazine named, in 1999, the “song of the century” The song is a protest against racism. Practical Advice for Raising Early Stage Venture Capital – [link]. Staffing your startup?

Social Media 92

Social Media Small Business Design Media 92

David Teten

JANUARY 10, 2012

Christopher Fralic, Managing Partner, First Round Capital. Mr. Fralic was also one of the early employees and VP of Business Development at Half.com starting in 1999, and after the eBay acquisition, spent six years with eBay in a variety of entertainment, business development, and media roles. through the Yahoo! acquisition.

Portfolio 122

Portfolio New York Social Bookmarking Philadelphia 122

abovethecrowd.com

OCTOBER 17, 2013

I immediately reached out to the founder and CEO, Katrina Lake , who had previously worked for another Benchmark portfolio company in the fashion space, Polyvore. In addition to market concerns, I had the unique experience of working with Dan Nordstrom and the team at Nordstrom.com in August of 1999. https://stitchfix.com/gifts.

eCommerce 62

eCommerce Technical Review North America San Francisco 62

Steve Blank

NOVEMBER 16, 2009

It’s an impressive portfolio. Back in 1999, it all ended very bad. Bill and his partner Fred Wilson have invested in ~30 or so companies with 27 still active. They’re putting money into web services/business – most without early revenue. Eric and I will be working on others.

Customer Development 219

Customer Development Web Developer Customer 219

Both Sides of the Table

AUGUST 3, 2009

I recently appeared on Fox Business News covering the topic of raising Venture Capital. Portfolio companies – All VC’s list their portf0lio companies. I’m guessing it’s easier to get a meeting these days from Fred Wilson at Union Square Ventures than from Evan Williams at Twitter.

Dividend 210

Dividend Venture Capital Social Network Portfolio 210

David Teten

APRIL 16, 2012

ff Venture Capital is creating a new, spin-off business from an existing company, and we need a team to take the reins. alongside our team and a few other portfolio companies, but will move out as the company grows. About ff Venture Capital ( http:/ffvc.com ) : We are one of the most active early-stage investors in New York.

Cofounder 133

Cofounder New York Venture Capital B2C 133

finance.fortune.cnn.com

AUGUST 21, 2012

The information is based on part of a confidential year-end 2011 investment report distributed to investors in a fund-of-funds that made commitments between 1999 and 2001. Overall, the fund-of-funds is 97% called for 45 funds raised between 1999 and 2002. In parenthesis is the cumulative distribution divided by called capital.

Naming 49

Naming Term Sheet Private Equity Equity 49

David Teten

FEBRUARY 6, 2013

David Teten, Partner, ff Venture Capital ; Chairman, HBS Alumni Angels of Greater New York. How to build a portfolio of startup investments. How to add value to a portfolio company. What to do when your portfolio startup pivots. Karen Bantuveris, CEO of VolunteerSpot ( ff VC and angel-backed startup with 2.5m

Private Equity 114

Private Equity North America Cofounder Angel Groups 114

Steve Blank

APRIL 11, 2013

Set up in 1999, Innofund offers grants ($150 – $250K), loan interest subsidies and equity investment. Part 3, the next post describes the rise of Chinese venture capital. Torch has four major parts: Clusters, Business Incubators, Seed Funding, and Funds to support Venture Capital firms. Lessons Learned.

Programming 278

Programming Technical Review SBIR China 278

thebarefootvc

JULY 3, 2016

We got to know stellar entrepreneurs in the space and backed them early – 50% of our portfolio is comprised of companies who are defining this computing paradigm, and FPV continues to be a go-to fund for entrepreneurs looking for sector expertise. I remember the heady days of 1999 when everyone believed that there were new rules to investing.

North America 40

North America Early Stage New York City Portfolio 40

thebarefootvc

FEBRUARY 3, 2016

We got to know stellar entrepreneurs in the space and backed them early – 50% of our portfolio is comprised of companies who are defining this computing paradigm, and FPV continues to be a go-to fund for entrepreneurs looking for sector expertise. I remember the heady days of 1999 when everyone believed that there were new rules to investing.

North America 40

North America Early Stage New York City Portfolio 40

Steve Blank

APRIL 11, 2013

Set up in 1999, Innofund offers grants ($150 – $250K), loan interest subsidies and equity investment. Part 3, the next post describes the rise of Chinese venture capital. Torch has four major parts: Clusters, Business Incubators, Seed Funding, and Funds to support Venture Capital firms. Lessons Learned.

Programming 170

Programming Technical Review SBIR China 170

Pascal's View

MARCH 14, 2011

In his view, board practices generally in the venture industry are substandard and there are few organized resources to guide board members, outside of the work done by the National Venture Capital Association under the leadership of Pascal Levensohn of Levensohn Venture Partners. and San Mateo, Calif.

Government 37

Government LLC Boston Venture Capital 37

Feld Thoughts

FEBRUARY 9, 2016

In our portfolio, we generally don’t have this problem because we aren’t big fans of either (a) overfunding companies or (b) escalating burn rates based on headcount. I started investing in 1994 and while there was some bumpiness in 1997 and again in 1999, the real pain happened between 2000 and 2005. It’s simply not true.

Cap Table 70

Cap Table Down Round Liquidation Preference Founder 70

thebarefootvc

JANUARY 1, 2013

I invested in Silicon Valley from 1999-2003 and in NYC pre and post 2008 financial crisis. As a career venture capitalist, I look for entrepreneurs who are driven to innovate and keep an eye out for disruptive change regardless of cycle. I am not interested in the opportunists, either as co-investors or as portfolio CEOs.

Silicon Valley 84

Silicon Valley United States Portfolio Internet 84

David Teten

FEBRUARY 3, 2014

Prior to joining ff Venture Capital , I published the first-ever study of how private equity and venture capital funds originate new investments, with my coauthor Chris Farmer , CEO of SignalFire and an experienced VC. ff Venture Capital. First Round Capital. Acquirer/ Investor. 2009) [ii].

Private Equity 114

Private Equity Venture Capital Technical Review Equity 114

Both Sides of the Table

JANUARY 16, 2012

I raised money as an entrepreneur, like you, in 1999, 2000, 2001, 2003 and 2005 for two different companies. But the short answer is that the best intro is from a portfolio company of that VC or by other entrepreneurs whom that VC respects. So why would raising venture capital be any different.

Developer 366

Developer Silicon Valley PR Las Vegas 366

online.wsj.com

JULY 11, 2012

As a registered user of The Wall Street Journal Online, you will be able to: Setup and manage your portfolio. 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. Create a profile for me in the Journal Community. Why Register? Todays Paper.

Silicon Valley 42

Silicon Valley Founder Software Review Technical Review 42

abovethecrowd.com

APRIL 20, 2016

About this same point in time, the journalists that focus specifically on the venture capital industry noted something quite profound. In 1999, record valuations coexisted with record IPOs and shareholder liquidity. If 1999 was a wet (read liquid) bubble, 2015 was a particularly dry one. 2015 was the exact opposite.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

David Teten

JANUARY 8, 2013

Our research indicates that for these social media-savvy funds, their visibility to investors and potential portfolio companies more than makes up for whatever competitive edge they lose by giving outsiders insight into their activities. Since 1999, its Partners have made over 160 investments in over 55 companies.

Private Equity 114

Private Equity Social Media Equity Media 114

Seeing Both Sides

MAY 26, 2009

  At $20-30 billion per year, the venture capital industry as a whole remains a “drop in the bucket” in terms of capital deployed relative to the over trillion dollars sitting in private equity firms.    Yet the impact is enormous, with 18% of GDP provided by venture-backed companies. 

Private Equity 20

Private Equity Boston Massachusetts IPO 20

BeyondVC

OCTOBER 19, 2005

While getting in early and being nimble is a great way to make money, no matter how early you go, it is hard to build a sustainable VC portfolio investing in features. I have written about it before as well in an earlier post comparing and contrasting 1999 vs today.

Web 68

Web Java Bandwidth Business Model 68

The Equity Kicker

JANUARY 19, 2016

The root of the problem, I think, is that from the outside venture capital looks easy, especially during bull markets. Moreover, even experienced and successful venture capitalists are investing in companies that look stupid. I’ve seen that happen to angels, entrepreneurs, and corporate VCs. Ergo – investing is easy.

Europe 60

Europe IPO LP Venture Capital 60

Scalable Startup

FEBRUARY 1, 2013

A big part of why venture capital actually is important and enduring is because the public market is flighty and late-stage investors are flighty, and customers for that matter are flighty, and so you can’t — if you are running one of these companies you can’t — you just can’t rely on people being balanced. Exactly right!

Software Review 22

Software Review Startup Venture Capital Stock 22

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. You are then a “stranded&# portfolio company. The Perils of Many. Make Sure They Play Nicely in the Sandbox.

Dilution 314

Dilution Cap Table Due Diligence Option Pool 314

Professor VC

DECEMBER 8, 2015

Often times those involve trading within a venture capital portfolio or between two venture firms portfolios. But what about the case where both companies are well capitalized and doing well? one company running out of cash and another with cash but searching for a business model).

Merger 28

Merger LP IPO Redemption 28

Diego Basch

SEPTEMBER 25, 2012

We are provided capital to invest as long as we can return it to our investors with a strong return in a reasonable amount of time. It is known that for any portfolio of startups, the returns follow a power law. A strong return is 3x cash on cash. A reasonable amount of time is ten years max.

Silicon Valley 73

Silicon Valley Entrepreneur Stock Options Vesting 73

Both Sides of the Table

AUGUST 9, 2011

I thought about things I never had to as an entrepreneur: check size, ownership percentage, deal stage, portfolio construction and risk. When the market tanked they had the “triage problem&# – which portfolio companies to save, which to kill. Don’t spend like it’s 1999. So no new deals got done.

Stock 305

Stock Technical Review Marketing Greece 305

David Teten

JANUARY 13, 2015

I also was fortunate to gain a lot of insight on this topic from Don Charlton, Founder/CEO, TheResumator *, a ffVC portfolio company. When I was running an Israel-based company in 1999-2001, my location was a significant barrier. ff Venture Capital portfolio company. Diversity ff Venture Capital Fundraising'

Venture Capital 60

Venture Capital Advisory Board Greece Cofounder 60

VC Cafe

DECEMBER 28, 2010

Under the agreement, GE, through its Power & Water and Global Research businesses, will provide strategic assistance to Kinrot Ventures’ portfolio of water companies, including the screening of new technologies, and offer technical and market assistance. From 1999 to 2009, Teva’s revenue grew to about $14 billion from $1.3

Technical Review 87

Technical Review South Korea Mexico 87