article thumbnail

What Makes an Entrepreneur? Cojones (7/11)

Both Sides of the Table

They often make great team members such as head of products, CTO, head of sales, CFO, etc. And we’re lucky because they deliver many of the great products, services and content that we consume in our lives every day. I joined GRP Partners in 2007 before they raised their current fund (we closed a $200 million fund in March 2009).

article thumbnail

A Year in Review: 2016

Version One Ventures

At the same time, seed money is still abundant due to the proliferation of micro VC over the past few years. Every 10-15 years, a major cycle reshapes the computing landscape: PC (1981), Internet (1994), Mobile (2007). They make their products cheaper and easier to use in order to appeal to more customers.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How the Seed-Stage VC Trend Began, The Downsides of Unicorns & Much More

Both Sides of the Table

I was out to raise my first seed money in my second startup of $500,000. By fund II (2007) he was able to raise $15 million (if you watch the video you’ll hear an interesting story of how he did this) and he had a proper fund. Jeff and his peer group have done an excellent job at creating a new category of seed-stage VC.

article thumbnail

Should Founders Be Allowed to Take Money off the Table?

Both Sides of the Table

I raised $500k in seed money to start the company. The company did well in 2006 as we delivered a phenomenal product that got much industry acclaim at conferences and with initial customers. When we moved to Palo Alto we rented a place. year old boy and another one due in 1 months. Many term sheets ensued.

Founder 329
article thumbnail

The Future of Web Startups

www.paulgraham.com

October 2007 (This essay is derived from a keynote at FOWA in October 2007.) In essense, let the market design the product. He was a precise sort of guy, so hed measured their productivity before and after. He found they were one thirteenth as productive after the acquisition. Weve done the same thing ourselves.

Web 54