Both Sides of the Table
APRIL 2, 2010
This is part of my series on Understanding Venture Capital. It’s also meaningless if they had four $200 million funds and the last one they closed was in 2000. In an early stage deal that fund might reserve 2x their initial investment or if it’s a larger round or later stage they might reserve 1x.
Both Sides of the Table
JUNE 28, 2011
In this three-part series I will explore the ways that the Venture Capital industry has changed over the past 5 years that I would argue are a direct result of changes in the software industry, not the other way around. So it’s unsurprising that typical “A rounds&# of venture capital were $5-10 million.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Ben's Blog
MAY 24, 2021
billion multi-stage venture capital firm focused on IT-related investments… I also serve on various investment committees, including for the St. Jude Children’s Cancer Hospital and the Stanford Medical Center, and teach entrepreneurship and venture capital at the Stanford Graduate School of Business.
Steve Blank
MARCH 17, 2020
But investors with grey hair can remember the nuclear winter after the past recessions of 2000 and 2008 and can offer some historical patterns of crashes and recovery to CEOs running early stage startups – some who weren’t born when the crash of 1987 hit, were 10 years old in the crash of 2000 and 18 in the last crash of 2008.
Both Sides of the Table
JUNE 5, 2011
The earlier you invest the higher the chances the company won’t work out and thus you pay a lower price than later-stage investors. It was early 2000. We had companies pitching us that had almost no revenue at all and they were raising $10-15 million in capital at a $40-50 million pre-money valuation.
The Equity Kicker
JANUARY 14, 2016
Through much of last year there was talk of a bubble in venture capital, particularly in late stage investments. The more likely, and to my mind healthier, scenario is that we see a few months of continued weakness in the venture markets and then things level off. That process started quietly after the summer last year.
Both Sides of the Table
MAY 25, 2013
“I don’t know the exact math, but I hear it again and again: the top 2% of firms generate 98% of the returns in venture capital.” But the larger funds usually have lower returns because they are often investing bigger dollars at later stages with less risk and therefore lower returns. The second is not.
Expert insights. Personalized for you.
269 
Let's personalize your content