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. Importantly, what does this all mean for startups?

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LP Technical Review Early Stage Silicon Valley 311

VC Cafe

JULY 4, 2022

What’s happening in the venture capital world? The WSJ confirmed what we already know: Q2 venture capital investments declined both in size and in valuation. Venture Capital Feels the Stock Market’s Pain, Wall Street Journal. Declining investment: U.S. VC funds invested about $47.5 Pitchbook.

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Venture Capital Valuation Private Equity LP 167

Both Sides of the Table

JULY 22, 2010

Back in 1999 when I first raised venture capital I had zero knowledge of what a fair term sheet looked like or how to value my company. Due to competitive markets we ended up with a pretty good term sheet until we needed to raise money in April 2001 and then we got completely screwed.

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Valuation Liquidation Preference Pre-Money Valuation Term Sheet 405

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. We’ve compiled a definitive list of sources of startup capital in Austin.

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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 IPO Technical Review Venture Capital 217

Both Sides of the Table

JUNE 22, 2011

For others it feels like a two-speed economy, where rules apply to hot tech startups that don’t apply elsewhere. An obvious example is Google who may have gotten less market attention if there would have been 8 well-financed competitors during the 2001-2005 timeframe. That’s a fact. And for some it is actually easy.

Saudi Arabia 309

Saudi Arabia Valuation IPO Technical Review 309

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. .&# I’ll list other consultants I know about, as well.

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Fractional CTO CTO CTO Hire Fractional VPE 40

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.

Venture Capital 60

Venture Capital Pre-Money Valuation IRR Valuation 60

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?&#. 24 months for most tech startups is usually too much money. -

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Venture Capital Startup Silicon Valley Warrant 319

Steve Blank

APRIL 13, 2013

I just spent a few weeks in Japan and China on a book tour for the Japanese and Chinese versions of the Startup Owners Manual. The previous post described the evolution of the Chinese Venture Capital system. Startups here are primarily in what they call the TMT (Technology, Media and Telecommunications) segment.

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Silicon Valley China Venture Capital Merger 267

The Startup Magazine

NOVEMBER 13, 2018

Belnick founded BizChair.com with $500 in 2001. The name of this startup was Flipkart and they started it with $6,500. Carlson founded Polychain Capital in 2016. Venture capital firms Sequoia Capital and Andreessen Horowitz among others put $15 million into it. What have entrepreneurs been up to since then?

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Cofounder Venture Capital India Valuation 142

BeyondVC

JANUARY 3, 2019

Along these lines, we are starting to hear serverless more and more from the Fortune 500 and see this trend reflected in the sales pipeline at iopipe which has gone from mostly startups to larger companies. Watch for startups solving this problem with a focus on observability, reliability, security and automation.

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Stealth Advisory Board Cloud Virginia 79

The Equity Kicker

JULY 3, 2013

YC’s Paul Graham recently posted an essay on Startup investing trends. These are the killer paragraphs: There are two big forces driving change in startup funding: it’s becoming cheaper to start a startup, and startups are becoming a more normal thing to do. Venture Capital'

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Startup Venture Capital Operations Cost 100

Scalable Startup

AUGUST 26, 2014

Drupal was launched in 2001, and Acquia started in 2007. It was a startup that launched with funding from day one and has never looked back. I have no doubt he will, for he is a true “Startup CEO”, even though his title is CTO at Acquia. Acquia, Inc. more info on the funding round from @thewhir [link].

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Founder Los Angeles PHP Open Source 42

Duct Tape Marketing

JULY 26, 2018

Transcript of Honest Startup Advice From Somebody Who’s Been Through It written by John Jantsch read more at Duct Tape Marketing. John Jantsch: If you’re a founder of a startup, maybe you need some brutally honest advice from somebody who’s been there. Back to Podcast. Transcript. ” Rand, thanks for joining me.

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Silicon Valley SEO Startup Technical Review 33

Feld Thoughts

MAY 6, 2019

I’ve been involved in Return Path as an investor since 2001 when Return Path and Veripost merged as part of a funding done by Sutter Hill (Greg Sands), Flatiron Partners (Fred Wilson), and Mobius Venture Capital (me). As Fred says, “entrepreneurship and startup investing is a long game.

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Idaho New York Venture Capital Partner 91

Steve Blank

APRIL 13, 2013

I just spent a few weeks in Japan and China on a book tour for the Japanese and Chinese versions of the Startup Owners Manual. The previous post described the evolution of the Chinese Venture Capital system. Startups here are primarily in what they call the TMT (Technology, Media and Telecommunications) segment.

Silicon Valley 159

Silicon Valley China Venture Capital Merger 159

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

Feld Thoughts

DECEMBER 18, 2011

For now, the title is “ Startup Communities: Creating A Great Entrepreneurial Ecosystem In Your City.” The Internet Bubble (2001 – 2002). Venture Capital Matters. I’m deep into writing my latest book. Following is the current table of contents. The table of contents, as of today, follows.

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Community Silicon Valley Incubator Colorado 142

This is going to be BIG.

DECEMBER 2, 2014

Henry told me that I should start a fund--me, a 27 year old former VC analyst turned product manager with no MBA at a startup that wasn''t really headed in any particular direction. I got my first job in venture--at GM--in February 2001. Venture Capital & Technology' So thanks for playing Inception, Henry.

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Venture Capital Stock Naming Technology 110

K9 Ventures

SEPTEMBER 8, 2015

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. MK : I am currently investing out of K9 Ventures II, which is an institutionally-backed $40 million fund. How much do you put into each startup?

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San Francisco Early Stage Portfolio Software Engineering 48

Both Sides of the Table

JUNE 28, 2010

This lasted from about 2001-2004. Since then Mike his built his career by investing in early-stage companies (seed or series A), which is remarkable given that Polaris Ventures is a $1 billion fund. It’s basically office space where as a startup you can be located with dozens of other companies at a similar stage to your own.

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San Francisco Los Angeles Cofounder SMS 230

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. We have an entire generation of startup founders who don’t have muscle memory from getting their burn rates back into shape from 2008/09 or 2001-2005.

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Burn Rate San Francisco Private Equity LP 150

Both Sides of the Table

FEBRUARY 8, 2010

This is part of my ongoing series on Raising Venture Capital. Not so in venture capital. My chips were down in late 2000 / early 2001. Tags: Entrepreneur Advice Start-up Advice Startup Advice. I often tell people that raising money is worse than getting married. You’re tied at the hip to your VC.

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Venture Capital Term Sheet Cofounder Partner 288

Steve Blank

MARCH 18, 2011

What are they, how do they differ and what can startup do to take advantage of them? Paths to Liquidity: a quick history of the four waves of startup investing. Lean Startups/Back to Basics (2000-2010): No IPO’s, limited VC cash, lack of confidence and funding fuels “lean startup” era with limited M&A and even less IPO activity.

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Internet IPO Silicon Valley Agile 334

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. Fortune published an article titled , Conventional Wisdom Says, 90% of Startups Fail. Data Says Otherwise.

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Venture Capital Cofounder Finance United States 77

genylabs.typepad.com

SEPTEMBER 24, 2011

Planning, Startups, Stories. 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. SF Chronicle: Ultralight startups: little capital, just computer. Should You Hire People With Graduate Degrees for Your Startup?

Equity 40

Equity Technical Review San Jose Stock 40

Feld Thoughts

OCTOBER 2, 2015

I spent the day yesterday doing Denver Startup Week stuff. After I sold my first company, I started a company called Intensity Ventures to make all my personal investments from. When I started making venture capital investments in 1997, the pace of things, and the amount of work I did, was massive.

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San Francisco Denver Venture Capital Boston 70

K9 Ventures

SEPTEMBER 24, 2009

More recently, Eric Ries and Dave McClure added fuel to the fire (See Eric Ries’ blog post: Support the Startup Founders Visa with a tweet) and helped kick off a campaign on @ 2Gov. In a startup cash is king. I got my greencard approval in 2001, a few months after 9/11. However, I didn’t need that much to survive.

United States 114

United States Founder India Venture Capital 114

This is going to be BIG.

NOVEMBER 9, 2015

When I first started in venture capital, back in 2001, I used to fund funds. I worked for an institutional investor that invested in both venture capital funds and later stage growth deals. What about as a startup? My job was to figure out why certain firms were winning and why they might continue to win.

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Venture Capital Institutional Investors Later Stage Product 60

ReadWriteStart

APRIL 2, 2012

The fact that a great deal of the content produced by tech news sites concerns startup companies might make an observer from another planet think America is a veritable nursery for brilliant business ideas. You read that right: Not a lot of people are that interested in startups. Make Way for the On-Ramp.

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IPO Startup Florida Seed Capital 121

Mucker Lab

DECEMBER 2, 2015

Most brilliant “Internet of Things” ideas are quicksand for capital unless you have the branding, vertical integration and customer lock-in that Apple achieved. 20 years ago, a majority of “Sand Hill” venture capital went into enterprise-focused startups. The iPod model will separate IoT platforms from fads.

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Vertical Widget Distribution China 60

Both Sides of the Table

APRIL 27, 2010

I never implied that startups are all great and job hoppers are all at fault. Most of what I learned about operating startups I learned from the really tough years at my first company from 2001-2003. That is when no customers wanted to work with Internet startups because we as an industry had burned so many customers.

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Venture Capital Hiring Software Review Stock Options 285

The Equity Kicker

AUGUST 19, 2016

When I was at Reuters Venture Capital, for example, we worked like crazy to raise our second fund in the tech nuclear winter of 2001-2003 and kept believing, but there came a point when we flipped the switch and gave up. It’s how we achieve the seemingly impossible. That was painful, but it was the right thing to do.

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Venture Capital Metrics Sales Startup 60

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. We had initially been planning to launch our own startup but were pulled back over to the corporate side. now Sapphire Ventures , for being around over 20 years).

Merger 57

Merger Venture Capital Cofounder Incubator 57

Steve Blank

JULY 11, 2016

At 19 I thought that I would be able to work really hard on my startup, and then in a year we’d have break out success. How founders cope with startup challenges was the focus of today’s Entrepreneurs are Everywhere radio show. I started working with startups and venture capitalists. What happened?

Silicon Valley 120

Silicon Valley Entrepreneur Cofounder Customer Development 120

This is going to be BIG.

JUNE 17, 2013

After I graduated in 2001, I remember it seeming impossible to feel the same way about living in New York City. It''s My Life Venture Capital & Technology' Being intensely involved in community life there made the campus seem small and familiar. Also, let us know if you''re willing to host.

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Community New York New York City Hosting 116