K9 Ventures

JUNE 5, 2015

The Venture Capital industry as a whole does a terrible job of giving things the right name and so we end up keeping the same name, but changing the meaning out from under it. Moving up stream is a natural evolution of a venture fund, especially as you get more money and more partners. Scaling venture capital breaks it.

Seed Stage 48

Seed Stage Venture Capital Early Stage Valuation 48

View from Seed

SEPTEMBER 14, 2021

Was this a lost decade for venture capital? Both early- and late-stage startup valuations are currently elevated. Early-stage valuations are up 70%, and late-stage valuations are up 103% (source Pitchbook ). But what do we see from some of the more recent (but mature) vintages? The answer is likely a mix of both.

Valuation 319

Valuation Pre-Money Valuation Distribution Early Stage 319

View from Seed

SEPTEMBER 14, 2021

Was this a lost decade for venture capital? Both early- and late-stage startup valuations are currently elevated. Early-stage valuations are up 70%, and late-stage valuations are up 103% (source Pitchbook ). But what do we see from some of the more recent (but mature) vintages? The answer is likely a mix of both.

Valuation 295

Valuation Pre-Money Valuation Distribution Early Stage 295

David Teten

SEPTEMBER 5, 2014

This is particularly true in New York, where their traditional financial services industry client base has sustained significant damage since the 2008 financial crisis. If you’re a late stage company trying to penetrate a new market (think Warby Parker trying to expand internationally), we have people who can help with that.

New York 114

New York Technical Review Networking Advisory Board 114

Both Sides of the Table

JUNE 5, 2011

The earlier you invest the higher the chances the company won’t work out and thus you pay a lower price than later-stage investors. 2007, 2011) and for the hottest of companies and in bad markets for fund raising (2003, 2008) prices test the bottom end of the range. So how exactly are prices determined?

Pre-Money Valuation 336

Pre-Money Valuation Valuation Silicon Valley Stock 336

View from Seed

SEPTEMBER 14, 2021

Was this a lost decade for venture capital? Both early- and late-stage startup valuations are currently elevated. Early-stage valuations are up 70%, and late-stage valuations are up 103% (source Pitchbook ). But what do we see from some of the more recent (but mature) vintages? The answer is likely a mix of both.

Valuation 156

Valuation Pre-Money Valuation Distribution Early Stage 156

Both Sides of the Table

AUGUST 24, 2015

I’ve seen friends (and family members) lose much of their savings that way over the years because “Black Swans” happen and in 1987, 2001, 2003 & 2008 (just to name a few from my memory) huge market gyrations caused much financial distress to people seeking short-term gains. At least later stage investors.

Stock 150

Stock Finance Marketing Valuation 150

The Equity Kicker

JANUARY 14, 2016

Through much of last year there was talk of a bubble in venture capital, particularly in late stage investments. The more likely, and to my mind healthier, scenario is that we see a few months of continued weakness in the venture markets and then things level off. That process started quietly after the summer last year.

Cloud 60

Cloud Valuation Venture Capital Later Stage 60

Both Sides of the Table

JUNE 28, 2010

He says they are just as selective on seed investments as they are in later stage deals. And Mike believes that entrepreneurs often need less capital to get started these days. Spun off from Freewebs in 2008, based in Palo Alto. Tags: This Week in Venture Capital. CEO- Randy Breen (ex-EA, and LucasArts).

San Francisco 230

San Francisco Los Angeles Cofounder SMS 230

Both Sides of the Table

MAY 25, 2013

“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.” But the larger funds usually have lower returns because they are often investing bigger dollars at later stages with less risk and therefore lower returns. The second is not.

LP 374

LP Later Stage IRR Term Sheet 374

Both Sides of the Table

APRIL 3, 2010

This is part of my ongoing series on Understanding Venture Capital. I recently wrote a blog post on understanding how the size and age of a venture capital fund might affect you when you’re raising money. Tags: Pitching VCs Raising Venture Capital VC Industry. The last post was a high-level primer.

Venture Capital 265

Venture Capital Term Sheet Early Stage Silicon Valley 265

This is going to be BIG.

MARCH 30, 2015

Sam Altman of YC recently pointed out that pulling back during the downturn in 2008 would result in several big misses: In October of 2008, Sequoia Capital—arguably the best-ever in the business—gave the famous “RIP Good Times” presentation (I was there). A few months later, we funded Airbnb.

Hockey Stick 60

Hockey Stick Valuation Startup Maryland 60

Altgate

DECEMBER 16, 2010

@altgate Startups, Venture Capital & Everything In Between Skip to content Home Furqan Nazeeri (fn@altgate.com) ← More on Liquidation Preferences Happy Holidays → Where Do Tech VCs Invest? Cleantech looks to be less capital intensive than hardware and is nearly the same size as communications and digital media.

Liquidation Preference 59

Liquidation Preference Early Stage Venture Capital Later Stage 59

thebarefootvc

MARCH 8, 2012

I remember writing a blog post in 2008, post-financial crash, on how the recession was going to re-vitalize the city’s tech startup community, which would eventually help diversify the NYC economy. I helped launch NYCSeed in 2008 in response to the lack of seed funding available in NYC.

Silicon Valley 69

Silicon Valley Ghana Venture Capital India 69

Altgate

MARCH 8, 2009

There are three types of venture investing (early stage, “growth&# stage and later stage. Early stage means the first real investors in a startup when the team could be as small as 5-10 people. So in the current collapse, the later stage investors will fare the best, or should I say least worst.

Later Stage 34

Later Stage Early Stage Venture Capital Portfolio 34

K9 Ventures

AUGUST 14, 2017

It was a conscious decision to maintain the fund size at the same level, despite both market pressure (larger rounds at earlier stages) and demand pressure (lots of LP money entering the stage) to raise a larger fund. I first thought about starting K9 in 2008. We invested in 19 companies through that fund.

Technology 96

Technology LP San Francisco Portfolio 96

Steve Blank

OCTOBER 24, 2017

For three decades (1978-2008), investors controlled the board. And in later stage rounds an explosion of corporate VCs and hedge funds now want in to the next unicorns. Filed under: Venture Capital. . — all great things when you are executing and scaling a known business model. Board Control.

Founder 245

Founder Technical Review CTO Hire IPO 245

David Teten

FEBRUARY 3, 2014

Prior to joining ff Venture Capital , I published the first-ever study of how private equity and venture capital funds originate new investments, with my coauthor Chris Farmer , CEO of SignalFire and an experienced VC. ff Venture Capital. First Round Capital. 2008) [iv]. Acquirer/ Investor.

Private Equity 114

Private Equity Venture Capital Technical Review Equity 114

Both Sides of the Table

FEBRUARY 14, 2016

Most venture capitalists who have been in this business for a long time foresaw this correction and have been talking about it privately for the better part of the last year or two. That’s the beauty of markets and of capitalism. That was written in September 2008. Remember the RIP Good Times by Sequoia ?

Valuation 150

Valuation Down Round Startup Later Stage 150

VC Cafe

JULY 12, 2011

This is a 10% decrease compared to the same quarter last year, and this magnitude of low expectations happened only prior to the 2008 credit crunch. 6% QoQ drop in venture capitalist expectations for VC fundraising activity, but Internet sector is projected to lead the way in transactions and M&A. Other Highlights.

Internet 84

Internet Venture Capital IPO 84

VC Cafe

NOVEMBER 3, 2010

Venture investment in some major investment hubs, such as Europe, has not regained its footing following the economic downturn in 2008. the dip in capital invested but rise in deal flow is a sign of health as investors return to funding more early-stage deals,” said Jessica Canning, global research director for Dow Jones VentureSource.

China 74

China Europe North America India 74