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?

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

This is going to be BIG.

MAY 5, 2023

It will be the 105th deal out of Brooklyn Bridge Ventures, the firm I started back in September 2012, and it will be the last deal I’ll be making out of my third fund. It will also be my last venture capital deal. For me, I don’t mind sharing how I think about it. It has been a career that fits my personality well.

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Later Stage Venture Capital Term Sheet Limited Partner 218

BeyondVC

JANUARY 3, 2019

This year was a banner year as boldstart portfolio cos raised over $150mm of follow on capital from some of the top Series A and B investors (highlights below). This means more collaboration with the Fortune 500 and more go-to-market experience as our portfolio companies navigate their path to first customers.

Stealth 79

Stealth Advisory Board Cloud Virginia 79

This is going to be BIG.

JULY 30, 2015

One of the first things I did when I joined the venture asset class as a lowly institutional LP analyst in 2001 was to build the VC fund cashflow model. You incorporate expected company returns, mortality rates, and fee structures to try to predict how a venture capital fund works from a cash in, cash out, and NAV standpoint.

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Venture Capital Pre-Money Valuation IRR Valuation 60

VC Adventure

SEPTEMBER 20, 2019

A few years back I blogged about the hard data behind venture outcomes and the challenge of creating a venture portfolio that produces strong returns. Since 2001, financings that have produced a 10X+ returns have fluctuated some but remain modest.

Marketing 91

Marketing Venture Capital Finance Portfolio 91

K9 Ventures

SEPTEMBER 8, 2015

2) New market (less common form, examples are Lyft and eShares) and 3) New business model (least common, non-K9 portfolio examples are PriceLine and SolarCity). What led you to the venture capital world? In late 2000, early 2001 I started my second company to test whether I can build a successful company again.

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San Francisco Early Stage Portfolio Software Engineering 48

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.

Silicon Valley 74

Silicon Valley Early Stage Venture Capital Valuation 74

Both Sides of the Table

OCTOBER 14, 2015

One of the points I tried to make is that as venture capital investors as an industry we seem to have a healthy disdain for public market investors. Today I called it, “our own little VC led, portfolio-by-portfolio company version of RIP Good Times from 7 years ago.” What is your cash balance?

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Burn Rate San Francisco Private Equity LP 150

Both Sides of the Table

JUNE 28, 2010

When he entered the industry he caught the tail end of the dot com bubble and then was immediately thrust into a 3-year period of “triage&# where VC’s had to deal with problems in portfolio companies. This lasted from about 2001-2004. Founded in Sunnyvale, CA in 2001. Formerly known as Fonelet Technologies.

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San Francisco Los Angeles Cofounder SMS 230

Both Sides of the Table

FEBRUARY 8, 2010

This is part of my ongoing series on Raising Venture Capital. Not so in venture capital. Make sure to call the companies in that VCs portfolio that didn’t succeed. My chips were down in late 2000 / early 2001. I often tell people that raising money is worse than getting married. My story briefly.

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Venture Capital Term Sheet Cofounder Partner 288

Feld Thoughts

MAY 17, 2016

In 2003 I seriously thought about quitting Mobius Venture Capital. My whole world blew up in 2001. My portfolio melted down with the bursting of the Internet bubble. I try on the decision for a period of time – the more significant the decision, the longer the period of time. Here’s an example.

San Francisco 108

San Francisco Internet Portfolio New York 108

genylabs.typepad.com

SEPTEMBER 24, 2011

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. Also, because I have equity in multiple tech start-ups I gain portfolio diversification benefits (meaning Im more likely to get lucky). venture capital. Next Gen Artisans.

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Equity Technical Review San Jose Stock 40

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. So, too, investments.

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Stock Finance Marketing Valuation 150

ReadWriteStart

NOVEMBER 5, 2019

According to a study by CB Insights (2017), a software that gathers essential data from investors, companies and industries, more than 70% of startups do not exceed the first stage of venture capital investment. The rounds were conducted from 2008 to 2010, starting from seed capital. Why do so many companies fail?

Venture Capital 77

Venture Capital Cofounder Finance United States 77

finance.fortune.cnn.com

AUGUST 21, 2012

FORTUNE -- Its no secret that venture capitalists were hit hard by last decades dotcom bust, considering that median returns for 1998-2001 vintage funds are all underwater. Through 12/31/11, less than 66% of the fund-of-funds called capital had been returned to limited partners. Crosslink Ventures IV (2001): 246% (104%).

Naming 49

Naming Term Sheet Private Equity Equity 49

Babbling VC

DECEMBER 5, 2010

I had a business in the portfolio doing fairly well. Further, they went into fundraising and basically were focussed on completely different things as opposed to this one company in their large portfolio. Although I probably couldn't of avoided this mistake, I underestimated at how many tables I'd be sitting alone in 2001.

Technical Review 76

Technical Review Europe Portfolio Germany 76

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. I got my greencard approval in 2001, a few months after 9/11. Besides I was a young, first-time entrepreneur at the age of 23.

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United States Founder India Venture Capital 114

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.

Silicon Valley 69

Silicon Valley Ghana Venture Capital India 69

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. One of the ones that really bothers me is how Venture Capitalists try and conflate what they do as being complicated.

Silicon Valley 88

Silicon Valley Venture Capital Cofounder Africa 88

Agile VC

JULY 19, 2012

1) Self-Awareness & Humility - These are of course virtues that transcend venture capital or even professional pursuits broadly. A good example of this was Charles River Ventures experience with their 11th fund. And yes… great firms are self-confident too.

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Cofounder Limited Partner Early Stage LP 193

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. Some were also dealing with issues of limited partners struggles with capital calls and asset allocations.

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Venture Capital Silicon Valley San Jose Bootstrapping 28

Cracking the Code

JANUARY 19, 2016

I began my career at McKinsey and when the Internet bubble burst in 2001, I made a shift towards online software (ASP at the time). What’s the n°1 startup that you wish you had in your portfolio? They are running a series of interviews of European VCs investing in SaaS and I was lucky to be the first one.

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API Silicon Valley Europe Differentiation 48

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].

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Private Equity Venture Capital Technical Review Equity 114

Gust

OCTOBER 20, 2011

Active angels invest in a diversified portfolio of 10 or more companies, usually spreading their investments over a few years. In the end, such a portfolio might yield the angel investor a total return on investment of 25% per year or more. A local network of angels is critical to achieving a diversified portfolio.

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Valuation Pre-Money Valuation Intellectual Property Technical Review 146

Software By Rob

DECEMBER 10, 2008

Back in 2001 I worked with a consultant who was a developer when times were really good, and a trainer when times were really bad. Because they are venture capital funded so they don’t depend on sales profit to sustain them. Become a Trainer It’s generally accepted that recessions boost college enrollment.

Programming 30

Programming Technical Review Software Review RSS 30

David Teten

AUGUST 1, 2020

The movement was born at the 2001 World Racism Conference at Durban as an attempt to pressure Israel, despite the ongoing support of Israel’s government and citizens for a two-state solution. . In the 19 years since the 2001 decision by NGOs to ostracize Israel with BDS, Israel’s per capita GDP has grown from $19,000 to $36,200.

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Flash Portfolio B2B 60

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.

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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

Startup Professionals Musings

MAY 9, 2011

After that evaporated, I didn’t invest again until just after the dotcom crash (when my long-suffering spouse grounded me from any further entrepreneurial ventures :-)). The second company in which I invested, back in 2001, was a novel concept from the serial entrepreneur who invented social networking.

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New York Accredited Investor Advisory Board IRR 221

Software By Rob

SEPTEMBER 1, 2011

In October of 2001, Webster, McCarthy, and Graff decided to do just that and GoldStar was born. Carbonmade helps over 100,000 people create online portfolios that require zero HTML skills. The trio quickly realized that it was a lose-lose situation for both the consumers and the venues, and decided to take action. “No How’d they do it?

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Bootstrapping Startup Cofounder Salary 78

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'

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Venture Capital Advisory Board Greece Cofounder 60

David Teten

NOVEMBER 30, 2020

Phoenix Capital , a tie-up between OurCrowd and Abdullah Al Naboodah’s business development unit. Phoenix will act as a platform to channel Gulf investment into OurCrowd’s 220 portfolio companies, building on the pent-up demand in the UAE for opportunities in the thriving Israeli start-up scene. Takwin Labs.

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UAE United Arab Emirates Technology 60