Both Sides of the Table

OCTOBER 19, 2009

I had previously raised VC in 1999, 2000, 2001 and 2005. On December 3rd Brad Feld wrote a one paragraph blog post titled “ Raising Venture Capital &# in which he linked to my blog. The Original Post (after the jump): Venture Capital, By Mark Suster (December 2nd, 2006). Thus is venture capital.

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Venture Capital Term Sheet San Diego Viral 274

Feld Thoughts

JULY 28, 2014

The SBIC was instrumental in the creation of the venture capital business. If you want to see a fun quote on it, read A History of Silicon Valley which quotes: “ …many venture capital pioneers think the SBIC program did little to advance the art and practice of venture investing.

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Austin Startup

JUNE 27, 2017

Looking for Funds in All the Right Places: The Definitive Guide to Austin Capital By David Altounian and Stephen Straus OVERVIEW For entrepreneurs: We’ve compiled a definitive list of sources of capital in Austin to help focus your fundraising efforts.

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Venture Capital Austin Texas Private Equity 54

Steve Blank

SEPTEMBER 14, 2009

Over the same 30 years, Venture Capital firms have honed their skills and strategies to match Wall Streets needs to achieve liquidity for their portfolio companies. One of the biggest mistakes entrepreneurs make is misunderstanding the role of venture capital investors. What Do VC’s Do?

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Silicon Valley Technical Review IPO Venture Capital 217

This is going to be BIG.

APRIL 3, 2012

What I would offer to entrepreneurs is that you should know what you're getting from each investor you let into the round. An experienced entrepreneur who has raised money multiple times can be a great board member as well. It's exactly what he did--and he still occasionally takes a lump or two. Doesn't take much.

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Technical Review Software Review Due Diligence Venture Capital 102

Both Sides of the Table

JUNE 22, 2011

This was an audience of mostly first-time entrepreneurs. It is great for entrepreneurs and great for VCs. So here is what I have been telling entrepreneurs privately for the past 6 months. source: Capital IQ. What a bubble means for each entrepreneur. I believe that. Why I believe we’re in a bubble.

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Saudi Arabia Valuation IPO Technical Review 309

Both Sides of the Table

JULY 16, 2010

The VC industry grew dramatically as a result of the Internet bubble - Before the Internet bubble the people who invested in VC funds (called LPs or Limited Partners) put about $50 billion into the industry and by 2001 this had grown precipitously to around $250 billion. On of my favorites is K9 Ventures.

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Technical Review LP Early Stage Silicon Valley 311

Steve Blank

APRIL 13, 2013

The previous post described the evolution of the Chinese Venture Capital system. In the few days I was in China I met with several VC’s, angel investors, business press and spoke to hundreds of entrepreneurs. We had a fireside chat with a room full of eager entrepreneurs. China Venture Capital.

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Silicon Valley China Venture Capital Merger 267

The Startup Magazine

NOVEMBER 13, 2018

Investments from capital markets to real estate plummeted. What have entrepreneurs been up to since then? Belnick founded BizChair.com with $500 in 2001. Carlson founded Polychain Capital in 2016. Venture capital firms Sequoia Capital and Andreessen Horowitz among others put $15 million into it.

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Cofounder Venture Capital India Valuation 141

VC Adventure

SEPTEMBER 20, 2019

Here’s the graphic I used from that post: These data are now getting old and VCs, LPs, and entrepreneurs have to ask if anything has changed – especially given the strong markets we’ve experienced over the past few years. Are ventures outcomes trending higher? And only about 4% produce a return of greater than 10x.

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Marketing Venture Capital Finance Portfolio 91

Steve Blank

APRIL 13, 2013

The previous post described the evolution of the Chinese Venture Capital system. In the few days I was in China I met with several VC’s, angel investors, business press and spoke to hundreds of entrepreneurs. We had a fireside chat with a room full of eager entrepreneurs. China Venture Capital.

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Silicon Valley China Venture Capital Merger 159

Steve Blank

JULY 11, 2016

And world-class entrepreneurs never quit. How founders cope with startup challenges was the focus of today’s Entrepreneurs are Everywhere radio show. Jessica Mah started InDinero in 2010 to help entrepreneurs with their accounting and tax needs after going through the same challenges with her own businesses. Jessica Mah.

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Silicon Valley Entrepreneur Cofounder Customer Development 120

500hats.com

AUGUST 2, 2012

TL:DR : This post aims to recap significant changes in the venture capital industry over the past ten years, and then make some [biased] predictions as to major forces at play in the next five years. However, all three shifts are related and can be summed up simply as: Geeks are Taking Over Venture Capital.

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Silicon Valley Early Stage Venture Capital Valuation 74

Both Sides of the Table

MARCH 11, 2010

This is part of my ongoing series on Raising Venture Capital. Recently I’ve been debating with a number of young startup companies that are raising money in the next few months, “what is the right about of capital to raise at a startup?&#. I’ve seen too many entrepreneurs try to do things on the cheap.

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Venture Capital Startup Silicon Valley Warrant 319

rapidrollout.wordpress.com

JANUARY 15, 2011

Web Startup Lessons Advice from a CTO and Entrepreneur Home About Startup Advice: When to Use a Consulting CTO There are not many to be found. Most likely, this is a person who is a serial entrepreneur and was the chief technology officer for two or more web startups. .&# Why are consulting CTOs so scarce?

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Both Sides of the Table

FEBRUARY 8, 2010

This is part of my ongoing series on Raising Venture Capital. Not so in venture capital. First, I would say that most entrepreneurs do almost no reference checks or at least do them very informally. For some reason most entrepreneurs do. My chips were down in late 2000 / early 2001. Except GRP.

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Both Sides of the Table

JUNE 28, 2010

One of the most difficult things to do as a first time entrepreneur is to get to know the investors you might be working with if you accept money. He got into the industry through the same traits required for entrepreneurs – persistence & resiliency. This lasted from about 2001-2004. Founded in Sunnyvale, CA in 2001.

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San Francisco Los Angeles Cofounder SMS 230

Pascal's View

AUGUST 12, 2009

In Silicon Valley, Boston, Austin, and other innovation centers across the country, entrepreneurs and their backers (who are not limited to venture capitalists) are all keenly aware that Washington’s addiction to enacting hasty, one-size-fits–all financial regulation will continue to have far-reaching unintended negative consequences for the U.S.

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Silicon Valley IPO Merger Sweat Equity 28

BeyondVC

JANUARY 3, 2019

Look at 2001 and 2008’s Lehman collapse and Sequoia RIP Good Times deck for lessons learned. Many of the smartest entrepreneurs were leaving their companies to start a new blockchain or crypto company. Seed funds back to basics in 2019: We highlighted the barbelling of VC in the year-end 2017 update and see this continuing in 2019.

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Stealth Advisory Board Cloud Virginia 79

The Equity Kicker

JULY 3, 2013

They are why I stayed in the venture industry through a difficult decade 2001-2011 and why I’ve now moved to a place where we can make earlier stage investments. Venture Capital'

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Startup Venture Capital Operations Cost 100

ReadWriteStart

NOVEMBER 5, 2019

As an entrepreneur, you have probably heard or read the “maxim” that only 10% of startups are successful, but is this true? The rounds were conducted from 2008 to 2010, starting from seed capital. And if so, what strategies can you apply with your company so that it is not part of the failures of statistics?

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Venture Capital Cofounder Finance Seed Capital 77

genylabs.typepad.com

SEPTEMBER 24, 2011

The Changing Face of Entrepreneurs. The Connected World of Entrepreneurs. Entrepreneur Magazine Blog. Even the best venture capital firms have a lot of failures and few successes. The best start-up I ever invested in went bankrupt in 2001. Business Week: Twitter for Entrepreneurs: 20 to Follow: Steve King.

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Equity Technical Review San Jose Stock 40

Feld Thoughts

DECEMBER 18, 2011

The Internet Bubble (2001 – 2002). Led By Entrepreneurs. Entrepreneurs. Entrepreneurs vs. Government. Venture Capital Matters. Boulder As A Laboratory. Before the Internet (1970 to 1994). Pre Internet Bubble (1995 – 2000). The Beginning of the Next Wave (2003 – 2011). Leaders vs. Feeders.

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Community Silicon Valley Incubator Colorado 142

Steve Blank

MARCH 18, 2011

VC’s worked with entrepreneurs to build profitable and scalable businesses, with increasing revenue and consistent profitability – quarter after quarter. For VC’s and entrepreneurs the gold rush to liquidity was on. 2001 – 2010: Back to Basics: The Lean Startup. Filed under: Technology , Venture Capital.

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Internet IPO Silicon Valley Agile 334

Pascal's View

JUNE 11, 2009

There is plenty of ink flowing with speculation on the future of the venture capital industry. Phil Wickham , CEO of the Kauffman Fellows Program , has a constructive perspective on this topic, which he expressed in his CEO recap in the Kauffman Fellows Program eBulletin that was published on June 2. ” Share and Enjoy:

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Venture Capital Programming Angel Groups Government 31

K9 Ventures

SEPTEMBER 24, 2009

There were a sum total of three or four “venture capital” funds in Pittsburgh at the time, and none of them had done much with this new fangled thing called the Internet. Besides I was a young, first-time entrepreneur at the age of 23. I got my greencard approval in 2001, a few months after 9/11.

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United States Founder India Ireland 114

Mucker Lab

DECEMBER 2, 2015

20 years ago, a majority of “Sand Hill” venture capital went into enterprise-focused startups. For the first time, entrepreneurs could build consumer services AND distribute them at scale with almost no physical middle men and inventory costs. Apple had the foresight to launch the iPod, iTunes and the Apple Store all in 2001.

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Vertical Widget Distribution China 60

Agile VC

JULY 19, 2012

First and foremost, it’s worth emphasizing that greatness as a VC firm is derived primarily from helping exceptional entrepreneurs build enduring companies. 1) Self-Awareness & Humility - These are of course virtues that transcend venture capital or even professional pursuits broadly.

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Both Sides of the Table

APRIL 27, 2010

Most of what I learned about operating startups I learned from the really tough years at my first company from 2001-2003. My company had raised venture capital in April 2001 but we were told that there may never be any more coming. So how did I come to work in the world of venture capital?

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Venture Capital Hiring Software Review Stock Options 285

Duct Tape Marketing

JULY 26, 2018

” and trying to pass that on to a next generation of entrepreneurs but also to myself. I dropped out of college in 2001, so this would be 17 years in. John Jantsch: Now you’ve got a new venture going. That’s what every entrepreneur … If you’re a great entrepreneur, you seek to do that.

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Silicon Valley SEO Startup Technical Review 33

Both Sides of the Table

SEPTEMBER 27, 2010

There are real changes in the venture capital industry and it would have been fun to talk about them. These days that’s not the case and it’s a great outcome for entrepreneurs and for innovation. A: Only because it’s a nicer branding for entrepreneurs. Answer: Not much. It’s a shame.

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Liquidity Event Silicon Valley Seed Stage Finance 308

Both Sides of the Table

AUGUST 24, 2015

I’ve seen friends (and family members) lose much of their savings that way over the years because “Black Swans” happen and in 1987, 2001, 2003 & 2008 (just to name a few from my memory) huge market gyrations caused much financial distress to people seeking short-term gains. At least later stage investors.

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Stock Finance Marketing Valuation 150

Professor VC

JANUARY 20, 2009

The Most Important Venture Capital Statistic. million for the year, which is the first time it has been below $5 million since 2001, a sign that capital efficiency will be even more important than it has. Labels: bootstrapping , CFO , Fliqz , venture capital , venture financing. Venture News.

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Venture Capital Silicon Valley San Jose Bootstrapping 28

Babbling VC

MARCH 18, 2018

Michael and I have fairly varied backgrounds but one way or another, they are a combination of entrepreneurship, corporate roles, venture capital and consulting. Entrepreneurs oftentimes can fairly easily raise money but find it far harder to find customers and scale. now Sapphire Ventures , for being around over 20 years).

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Merger Venture Capital Cofounder Incubator 57

thebarefootvc

MARCH 8, 2012

I talked about creative disruption and how many significant companies would be formed as a result of this (not dissimilar to what I saw in Silicon Valley while investing post 2001 crash). While the seed capital gap has closed, there are still only a handful of venture capital firms here in NYC investing in the crucial Series A/B rounds.

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Silicon Valley Ghana Venture Capital India 69

Gust

SEPTEMBER 17, 2014

Me: So, you raised venture capital? Me: Raising convertible notes as a seed round is one of the biggest disservices our industry has done to entrepreneurs since 2001-2003 when there were “full ratchets” and “multiple liquidation preferences” – the most hostile terms anybody found in term sheets 10 years ago. Truthfully.

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Liquidation Preference Valuation Term Sheet Stock 153

Eric Friedman

AUGUST 18, 2021

I lovingly call him the curmudgeon of fintech – in this episode we go deep into how he is building a venture capital firm and practice, not just running a fund and how he views the world of fintech investing. It is the entrepreneurs that are singing their heart out, playing the instruments, et cetera.

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Silicon Valley Venture Capital Cofounder Africa 88