View from Seed

DECEMBER 4, 2019

The trends described above in VC performance have an upstream effect on Limited Partners which is somewhat counter-intuitive. So far in this post, I’ve honed in mostly on the top-quartile threshold, which masks the power-law that is exhibited in both startups and the VC industry. LP Constraints.

LP 256

LP IRR Distribution Portfolio 256

The Next Web

MARCH 8, 2014

From the standpoint of a founder, the life of a venture capitalist can seem very, very different. But at the end of the day, I’ve learned that being a partner at a successful early-stage VC firm is not quite as different from being a founder as you might think. It certainly did to me when I was an entrepreneur. Waiting game.

Partner 138

Partner Burn Rate Early Stage IPO 138

Both Sides of the Table

SEPTEMBER 28, 2011

The same kind of tasks that a startup team has. 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. He has a startup. I just choose not to spend all my time doing it.

Email 314

Email Product Term Sheet Portfolio 314

Both Sides of the Table

OCTOBER 1, 2009

But you can’t keep your pocketbook on the sidelines forever and still expect LPs (limited partners or the people who invest their money in VC funds) to pay you 2% management fees every year. style euphoria that swept the Valley beginning in 2005. So eventually the money has to start flowing. Seems an obvious fit.

IPO 255

IPO Investment Bankers Venture Capital Marketing 255

Altgate

MAY 1, 2009

The bottom line take away (for me) is that VC is capacity limited by the value of exits (M&A plus IPOs). Share and Enjoy: This entry was posted in Entrepreneurship , Startups , Venture Capital and tagged entrepreneur , exits , IPO , limited partners , M&A , private equity , startup , venture capital.

Sweat Equity 28

Sweat Equity Private Equity IPO Venture Capital 28

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). It’s just a part of your ongoing activities as a founder.

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.

Later Stage 34

Later Stage Early Stage Venture Capital Portfolio 34