Both Sides of the Table

JULY 23, 2014

The rise of “micro VCs” or seed-stage funds. At the other end of the spectrum large funds have gotten even larger in the past few years which has massively increased the amount of consolidation in our industry as 66% of LP money into venture is now concentrated in late-stage or full-cycle VCs. Why is this?

Technical Review 398

Technical Review Venture Capital Valuation Pre-Money Valuation 398

Feld Thoughts

AUGUST 6, 2018

While I don’t have portfolio level stats for them, their new endeavor Foundry Next (to invest in smaller funds and then follow-on into key investments) has built up an LP basket of 23 positions in a variety of new VC funds. The geographic breakdown of our 123 direct investments follows: Twelve years later, we were pretty close.

North Dakota 70

North Dakota Southern California San Diego Indianapolis 70

Feld Thoughts

APRIL 23, 2015

We had a blast together and as we went out to raise our Foundry 2007 fund, Scott made several introductions which resulted in two wonderful, long term LP relationships. We deeply believe that the way companies are created and funded, especially at the seed stage, is radically changing on a permanent basis.

Advisory Board 70

Advisory Board Venture Capital LP Seed Stage 70