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

Both Sides of the Table

APRIL 27, 2010

My company had raised venture capital in April 2001 but we were told that there may never be any more coming. I was paid less in salary in 2004 than I was paid at the job I quit in 1999 (a job I had held 8+ years). So how did I come to work in the world of venture capital? We built a long-term relationship.

Venture Capital 285

Venture Capital Hiring Software Review Stock Options 285

A Crowded Space

OCTOBER 3, 2018

I remember when I made that first flight out to San Francisco from Boston to meet the team in 2004, the company was down to its last $20K in the bank. Very shortly after I joined, Greg Gretsch (now my partner at Jackson Square Ventures) co-led oDesk’s Series A along with Venky Ganesan (partner at Menlo Ventures and lead investor in Rev.com).

San Francisco 60

San Francisco Bangladesh Ukraine Philippines 60

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. To think, I almost didn’t take that 2004 meeting because it was a NYC-based fund.

Later Stage 218

Later Stage Venture Capital Term Sheet Limited Partner 218

David Teten

SEPTEMBER 16, 2014

That’s a sizeable amount, especially in comparison to the US venture capital industry, which similarly invests over $20 billion annually. In 2013, 298,800 angels invested in 70,730 entrepreneurial ventures, according to the 2013 Angel Market Analysis by the Center for Venture Research at the University of New Hampshire.

Angel Investor 114

Angel Investor Technical Review Venture Capital Pre-Money Valuation 114

Steve Blank

JULY 7, 2015

Named one of BusinessWeek’s Best Young Entrepreneurs of Tech, Eric served as a venture advisor at Kleiner Perkins Caufield & Byers before moving on to advise startups and venture capital firms independently. He was named entrepreneur-in-residence at Harvard Business School in 2010 and is currently an IDEO Fellow.

Lean 120

Lean Technical Cofounder Silicon Valley Channel 120

Steve Blank

NOVEMBER 13, 2012

The book has been shepherded and edited by a great Japanese VC at Mitsui Sumitomo Insurance Venture Capital, Takashi Tsutsumi, with help from Masato Iino. In 2004, Googling terms like “high tech marketing” and “startup” I discovered “ The Four Steps to The Epiphany ” at Cafépress.com. ————-.

Japan 292

Japan Customer Development Developer Customer 292

Feld Thoughts

SEPTEMBER 26, 2014

Our premise when we started doing branded accelerators with large companies was that we’d get deep mentor involvement from execs at the company we are partnering with. Len and his partner Jerry Poch bought my first company in 1993. In 2000, I invested via Mobius Venture Capital in The Feld Group and joined the board.

Technical Review 150

Technical Review Boston Internet Venture Capital 150

www.thisisgoingtobebig.com

OCTOBER 25, 2010

links » Attracting a CTO to your startup Wednesday, March 11, 2009 at 05:29AM by Charlie ODonnell Businesspeople ask me all the time how to find a technical partner for a startup. Dont forget that this person is adding you as a partner just as much as youre adding them, so look in the mirror and think about what you bring to the table.

Technical Review 40

Technical Review Software Review Startup Due Diligence 40

reidhoffman.org

NOVEMBER 12, 2013

× At Greylock , my partners and I are driven by one guiding mission: always help entrepreneurs. What I’ve honorably been able to do, however, is share the deck I used to pitch LinkedIn to Greylock for a Series B investment back in 2004. the consumer internet landscape in 2004 vs. today. Reid Hoffman. Reid Hoffman.

Entrepreneur 111

Entrepreneur Revenue Viral Networking 111

VC Cafe

FEBRUARY 11, 2020

According to the 2019 Annual European Venture Report by PitchBook , European startups raised €32.4 Corporate venture capital (CVC) represented 45% of the total capital raised. The fund is done in partnership with several top tier venture capital funds including Accel, A16Z, KPCB, Spark Capital and others.

Balance Sheet 201

Balance Sheet Startup IPO Venture Capital 201

allthingsd.com

AUGUST 24, 2012

According to Fenwick & West’s latest Silicon Valley Venture Capital Survey , fundings in the second quarter of this year showed the highest valuation increases in more than five years. Still, it is the highest amount increase since Fenwick began compiling the numbers in 2004. August 23, 2012 at 7:00 am PT. POST A JOB.

Valuation 45

Valuation Technical Review Silicon Valley Software Review 45

Both Sides of the Table

APRIL 19, 2011

Called Tim Spicer (c-companies partner) and he told him matt, they only want one thing, more warrant coverage!!! Raised money from Splitrock Partners (of whom Matt thinks very highly) experience was so emotionally traumatic he came out of it vowing he’d never go thru that again – get cash flow positive RIGHT NOW!!! [if

Acquisition 304

Acquisition Customer Warrant Term Sheet 304

Feld Thoughts

JANUARY 29, 2015

By the time I co-founded what became Mobius Venture Capital, Softbank (our sponsor – at the time we were called Softbank Venture Capital) was the key investor in Yahoo, E*trade, and a number of other large US-based Internet companies. That we were building an ecosystem. And very, very little got done.

Venture Capital 70

Venture Capital Reputation Affiliate Conversion 70

VC Adventure

SEPTEMBER 20, 2019

That blog post – which turned into one of my most read posts ever – grew out of a study done by Correlation Ventures showing the distribution of outcomes across over 21,000 financings during the years 2004-2013 as well as some of my own observations.

Marketing 91

Marketing Venture Capital Finance Portfolio 91

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). I wrote the very long story in a post titled Return Path Acquires Netcreations in 2004.

Idaho 91

Idaho New York Venture Capital Partner 91

The Equity Kicker

JANUARY 21, 2015

I’m going to quote his definitions in full: 2004 definition. — You’ve seen the pattern here, what used to be Series C is now Series A, what used to be Series B is now seed, and what used to be Series A is now ‘Pre-funding’ All this is being driven by increased capital efficiency. 2014 definition. —

Founder 60

Founder Incubator Venture Capital Angel Investor 60

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

David Teten

MARCH 12, 2012

Fitness/life guru Tim Ferriss just posted my guest article on ff Venture Capital ‘s approach to building a fitness office. UPDATE: ff Venture Capital was recently profiled in The Roger, an online magazine that profiles creative workspaces. According to a 2003-2004 U.S. Thanks Tim!)

Product 166

Product Portfolio Venture Capital Vesting 166

Both Sides of the Table

MARCH 1, 2011

The Union Square Ventures partners started whispering in his ear that “it’s all about social now”. They sold in December 2007, but he started selling Quigo in 2004. After rejuvenating from the exhausting sale of Quigo, Mike started a ‘boring site’ called Tracked.com that he thought would be a better version of Yahoo!

Semantic 302

Semantic Acquisition Valuation Angel Investor 302

Both Sides of the Table

JULY 1, 2010

He eventually applied his lessons learned in these experiences when he founded Zag, a company that helps consumers buy cars over the Internet at pre-negotiated prices with nearly 4,000 dealers across the country [disclosure: my firm GRP Partners is an investor in Zag]. Based in Palo Alto and founded in 2004 by PayPal alumni.

San Francisco 248

San Francisco Venture Capital Analytics Government 248

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 Seed Capital 77

Feld Thoughts

MAY 20, 2011

Last night I had dinner with my brother Daniel, one of the partners at Slice of Lime , a Boulder-based web design and development firm. In 2000, Charlie and I became business partners when Mobius Venture Capital invested in The Feld Group and I joined the board.

Venture Capital 128

Venture Capital Partner Restful Web 128

Genuine VC

MARCH 8, 2012

When I first started in the VC business in 2004, I usually shared some reactions with entrepreneurs whenever we passed on pursuing an investment, but I admittedly erred towards communicating generic thoughts that were fairly non-specific but perhaps mildly helpful.

Venture Capital 167

Venture Capital Portfolio Conversion Partner 167

VC Cafe

JULY 9, 2010

Cellcom partnered with Citi Bank to offer its customers a mobile payments solution and money transferring, to be launched by the end of 2010. The round will include participation from existing investors including Benchmark Capital, North Bridge Venture Partners, Pitango Venture Capital, and Cisco Systems.

Media 109

Media Stealth Venture Capital 109

online.wsj.com

JULY 11, 2012

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. In the early days of venture capital, when money was scarce, entrepreneurs often gave up control of their company in exchange for their first investment funds. LUBLIN And SPENCER E.

Silicon Valley 42

Silicon Valley Founder Software Review Technical Review 42

David Teten

NOVEMBER 30, 2020

Our ventures, in turn, have raised over $2 million in external funding.”. Takwin is a venture capital fund and incubator, making early-stage investments in hi-tech companies run by Arab entrepreneurs in Israel. Sadara VC – “The only VC focused on investing in Palestinian-linked tech companies.”. Takwin Labs.

UAE 60

UAE United Arab Emirates Technology 60

www.chubbybrain.com

SEPTEMBER 28, 2011

If you are an entrepreneur seeking funding, try our free Funding Recommendation Engine to identify a list of angels, venture capital and state grant programs that best match your business. At the end, I asked myself what are the most critical resources I need to be successful and the answer was partners and developers.

Software Review 79

Software Review Technical Review Startup Vesting 79

David Teten

APRIL 1, 2011

Peter Lehrman, CEO, AxialMarket Daniel Confino, Founder, MergerID ( a Financial Times business) Dan Burstein, Managing Partner, Millennium Technology Value Partners. David Weild IV, formerly Vice Chairman of The NASDAQ Stock Market Mr. Weild is the founder of Capital Markets Advisory Partners.

Private Equity 68

Private Equity Merger IPO Equity 68

David Teten

APRIL 30, 2018

While fundraising of US VCs has dropped slowly as a percentage of global limited partner allocations over the last decade, non-US startups are receiving a more rapidly increasing percentage of that money. Source: NVCA, Pitchbook. Typically engineering, QA, and support are offshore, while CEO, sales, and marketing are in the US.

United States 60

United States Silicon Valley Canada Offshore 60

David Teten

APRIL 30, 2018

While fundraising of US VCs has dropped slowly as a percentage of global limited partner allocations over the last decade, non-US startups are receiving a more rapidly increasing percentage of that money. Source: NVCA, Pitchbook. Typically engineering, QA, and support are offshore, while CEO, sales, and marketing are in the US.

United States 60

United States Canada Silicon Valley Offshore 60

Genuine VC

MARCH 8, 2012

When I first started in the VC business in 2004, I usually shared some reactions with entrepreneurs whenever we passed on pursuing an investment, but I admittedly erred towards communicating generic thoughts that were fairly non-specific but perhaps mildly helpful.

Venture Capital 103

Venture Capital Portfolio Conversion Partner 103

Agile VC

NOVEMBER 13, 2012

There are some obvious structural reasons why a shakeout in the venture capital industry takes a long time. Some of the firm’s partners may move on to new jobs during this phase but at least some are usually still around. 2) Rebirth of Some Firms - Mobius Venture Capital is now defunct.

LP 154

LP Portfolio Venture Capital IRR 154

Gust

NOVEMBER 4, 2011

The early history of MySpace is inextricably intertwined with that of Intermix, a small-cap publicly traded Internet company in Los Angeles where I worked as corporate counsel from 2004-06. Intermix was in a turnaround situation when I arrived in mid-2004, having been delisted from Nasdaq and nearly bankrupt.

Valuation 98

Valuation Pre-Money Valuation Merger Vesting 98

VC Cafe

MAY 22, 2011

Below are three recent founding rounds in Israeli venture-backed companies. 1) Onavo Mobile raised $3 million in its first round led by Sequoia Capital and Magma Venture Partners. The company launched its first app for the iPhone and iPad last month, available for free for a limited time.

Metadata 92

Metadata Cofounder IPO 92

Both Sides of the Table

FEBRUARY 3, 2011

And I’m sure everyone remembers the video that put them on the map – the one I first saw – which was the Bush/Kerry video This Land is Your Land (“you have more waffles than a house of pancakes), which was part of the 2004 elections and both candidates were asked about while they were campaigning.

Viral 303

Viral Investment Bankers Video Business Model 303

ConversionXL

JULY 29, 2015

Education plays a major role in venture capital. When we intentionally or unintentionally hurt our relationship partners, we apologize.” ( Estrada-Hollenbeck & Heatherton, 1998 ). And they want to be seen displaying compassion because they want to be loved themselves.” ( West, 2004 ). donating to your campaign).

Campaign 48

Campaign Reputation Metrics Naming 48