Both Sides of the Table

SEPTEMBER 28, 2011

He turned me down for a job in 2005. I spent time today negotiating it with him and getting my partners bought into some changes. We call these investors “LPs” for limited partners. I called another about his fund raising (DUDE – you never called me back! ). Yesterday I offered him a term sheet.

Email 314

Email Product Term Sheet Portfolio 314

Both Sides of the Table

OCTOBER 1, 2009

More tellingly was the sale of Mint.com to Intuit for $170+ million because it showed VCs that a well-executed investment can still garner a quick, solid results (the company was sold around 3 years after its foundation). VC’s are working hand-in-glove with the investment bankers to prepare for IPOs or create auction-style trade sales.

IPO 255

IPO Investment Bankers Venture Capital Marketing 255

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. And I also now have to raise money myself, but this time from bigger institutions that our industry calls LPs (limited partners). Fund raising (as is much of life) is a sale – pure and simple. Why buy me?

Developer 366

Developer Silicon Valley PR Las Vegas 366

Altgate

MARCH 8, 2009

I say ecosystem as opposed to industry because it is not just the VC funds themselves that are imploding, instead the collapse includes entrepreneurs and startups that were funded by VCs, angel investors, service providers like lawyers, bankers and accountants as well as limited partner investors in VC funds. But some will be saved.

Later Stage 34

Later Stage Early Stage Venture Capital Portfolio 34