Both Sides of the Table

APRIL 2, 2010

This is part of my series on Understanding Venture Capital. I’m happy to say that in 2006-2008 we has some good exits including BillMeLater, DealerTrack, UGO Networks and PrePay Technologies to name a few. Tags: Pitching VCs Raising Venture Capital VC Industry.

Venture Capital 269

Venture Capital Balance Sheet Early Stage Software Review 269

Both Sides of the Table

JUNE 22, 2011

It’s like people arguing that there’s a beautiful beach house in 2006 that represents great long-term value due to scarcity of similar property. All of that might be true, but the 2006 price might still be over-valued. It’s what I love about entrepreneurship and about venture capital. The road ahead.

Saudi Arabia 309

Saudi Arabia Valuation IPO Technical Review 309

Both Sides of the Table

MAY 19, 2010

Our guest this week on #TWiVC was Dana Settle , partner at Greycroft Partners , a venture capital firm with offices in New York and Los Angeles. Their first fund was a $75 million fund raised in 2006 and they very recently announced a brand new $130 million fund. Greycroft is an early-stage VC. Competitors: Knewton.

Partner 240

Partner New York City Cofounder Syndicate 240

Both Sides of the Table

SEPTEMBER 8, 2010

Once you’ve been around for a few years, attracted some great people, landed real, paying customers and raised venture capital you’ve likely got a talented team around you. I had the CEO of a prominent site in 2006 come to me near tears about how she couldn’t take the stress of running her company any more.

Ireland 319

Ireland Sales Bankruptcy Germany 319

Both Sides of the Table

JULY 10, 2010

This episode of This Week in Venture Capital featured Michael Montgomery, president of Montgomery & Co. You have to be selected to present and it is typically reserved for companies that have already raised early-stage capital and are well into revenue growth. Should you use investment banks to raise venture capital?

IPO 242

IPO Venture Capital Private Placement Cofounder 242

Both Sides of the Table

OCTOBER 1, 2009

So what is driving the new energy in the remaining venture capital firms when we kept hearing how much the whole industry was “against the ropes?&# … 1. note: there is one rare exception – in 2006 Sevin Rosen declared that Venture Capital was broken and actually returned money to their LPs !

IPO 255

IPO Investment Bankers Venture Capital Marketing 255

Both Sides of the Table

APRIL 23, 2011

He was introduced through mutual friends to Highland Capital. At the time consumer internet venture capital was still suffering from the collapse of the Tech Bubble. But it was an attractive time to enter because the successful internet companies were scaling and in need of capital.

Vertical 265

Vertical Curation Boston Burn Rate 265

Both Sides of the Table

JULY 1, 2010

Current round: $7.0mm Series-B led by MK Capital, withClearstone Venture Partners and Shasta Ventures. Danish VOIP technology company founded in 2006 by entrepreneur Tanveer Sharif. New capital to be used for international expansion and to challenge Skype. Tags: This Week in Venture Capital.

San Francisco 248

San Francisco Venture Capital Analytics Government 248

Both Sides of the Table

APRIL 17, 2012

Think about venture capital. But if you were going to start a venture capital fund today, you’d want to stand out. True Ventures – When I was raising capital for my second company back in 2006 I had talked to many brand-name VCs and had several term sheets.

Community 304

Community Los Angeles Startup Silicon Valley 304

Both Sides of the Table

JUNE 11, 2015

It reminds me a lot of how TechCrunch felt in 2006. It was the place that every startup knew they HAD TO be in order to attract initial users and also gain the attention of venture capitalists. Product Hunt. It seems out of nowhere it has become the go to website for startup companies to launch their new products or businesses.

Product 150

Product Startup Social Media Community 150

Both Sides of the Table

SEPTEMBER 13, 2009

I’m not going to cover in this post the obvious post-show marketing tasks such as following up on all those business cards you grabbed, communicating with all those people who registered at your site and leveraging your new found fame to score venture capital. We launched out second company, Koral, at DEMO in 2006.

South Africa 310

South Africa Europe Disintermediation Poland 310

Both Sides of the Table

FEBRUARY 25, 2010

It quickly became impossible to raise venture capital. When Salesforce.com decided to buy my company in December 2006 I dropped everything and focused religiously on closure. It isn’t even a story about raising venture capital or M&A. It quickly became impossible to raise venture capital.

Technical Review 301

Technical Review Term Sheet Due Diligence Venture Capital 301

Both Sides of the Table

MAY 25, 2013

After all, I am no stranger to the publicly expressing the frustrations of dealing with the downside of this industry as I wrote about in 2006 when I was an entrepreneur. “I don’t know the exact math, but I hear it again and again: the top 2% of firms generate 98% of the returns in venture capital.”

LP 374

LP Later Stage IRR Term Sheet 374

Both Sides of the Table

MAY 15, 2010

Next Wednesday we’ll have Dana Settle of Greycroft Partners, a New York / LA early-stage venture capital fund. Founded in 2006 by Aaron Finn. 5.3mm – Investors: Madrona, Bain Capital, Khosla Ventures – Read more: TechCrunch.

Stealth 285

Stealth SEC Advertising Accredited Investor 285

Both Sides of the Table

SEPTEMBER 2, 2009

The company did well in 2006 as we delivered a phenomenal product that got much industry acclaim at conferences and with initial customers. Tags: Pitching VCs Start-up Advice VC Industry startup technology vc venture capital. year old boy and another one due in 1 months. Many term sheets ensued. Tweet This Post Facebook.

Founder 329

Founder Liquidation Preference Term Sheet Participating Preferred 329

Both Sides of the Table

MARCH 22, 2010

I became quite good friends with a journalist at the Financial Times and eventually helped her as she wrote a book on the venture capital industry. Robert Scoble interviewed me in 2006 about my startup, Koral. It started socially. The more she got to know more the more she called me for help with stories.

Technical Review 307

Technical Review Social Media Software Review Venture Capital 307

Both Sides of the Table

JANUARY 31, 2010

We raised a seed round of capital in 1999 and our first venture capital round was the first week of March 2000 (e.g. We found a way to make our venture capital last when it shouldn’t have, at around the same time one of my all time favorite New Yorker cartoons was published on this topic.

Entrepreneur 308

Entrepreneur Silicon Valley San Diego Non-Compete 308

Both Sides of the Table

APRIL 3, 2010

This is part of a series that I’ve been working on called Understanding Venture Capital. So if a fund was raised in 2006 and the next fund was raised in 2010 it’s possible that they have two funds that “cross over&# at the same time. Tags: Pitching VCs Raising Venture Capital VC Industry.

Pre-Money Valuation 226

Pre-Money Valuation Venture Capital LP Term Sheet 226

Both Sides of the Table

AUGUST 17, 2009

2006 was the last time I went out to raise venture capital. If you’ve read any of my blog posts before you’ll probably recognize that I’m from this school of thought where founders & investors need to be more aligned and I’ve been very cynical of historic VC practices.

Founder Vesting 252

Founder Vesting Vesting Founder Term Sheet 252

Both Sides of the Table

FEBRUARY 3, 2015

In 2006 when I was a budding entrepreneur building my second startup I ran into a young (ish) enthusiastic founder of an electronic signature company called EchoSign. I know it will be hard for you to believe in 2015 but in 2006 Palo Alto (where I lived) was kind of dead. Some background. Jason decided to take a position.

LP 150

LP Technical Review Deal Flow 150

Both Sides of the Table

MARCH 1, 2010

In 2006, Steven Dietz, a partner at my firm, GRP Partners, had given me $500,000 in a seed in convertible debt when I started my second company, Koral. In 2006, Steven Dietz, a partner at my firm, GRP Partners, had given me $500,000 in a seed in convertible debt when I started my second company, Koral. Not so venture capital.

Entrepreneur 321

Entrepreneur Warrant Silicon Valley Early Stage 321