Both Sides of the Table

MAY 19, 2010

Closing a VC fund in 2009/10 is a major achievement in and of itself. Founded in November 2007 in New York City by Alexis Maybank and Kevin Ryan (co-founder of DoubleClick); CEO is Susan Lyne (ex-CEO Marta Stewart Living Omnimedia) Revenue estimates: $50mm in 2008; $170mm in 2009 (versus budget of $150mm); $450mm forecasted for 2010.

Partner 240

Partner New York City Cofounder Syndicate 240

Agile VC

APRIL 17, 2011

Revenue growth: 51% YoY (2010), 1% YoY (2009), 131% YoY (2008). Distribution revenue is CPC and CPA. . Historically more revenue came from distribution/lead-gen (57% in 2007), but this tipped in 2008 though appears to be steady from 2009 to 2010 at about 58% advertising and 42% distribution.

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

VC Cafe

OCTOBER 7, 2010

Though Israeli growth dipped to below 1 percent in 2009, it started crawling back to between 3% and 4% towards the end of the year helped by strict fiscal policy and a balanced budget. It is also reducing energy consumption since water production and distribution require a lot of energy, so preventing water loss also prevents this waste.&#.

United Kingdom 96

United Kingdom Austria Global 96

Lightspeed Venture Partners

SEPTEMBER 21, 2013

There are definitely some industries where due to economies of scale (which can be on production costs or distribution reach) incumbents have enormous advantages. Sales skyrocketed and the company was bought by Cisco for $590M in 2009. But eventually two syndicates emerged. One example of this was the Flip video camera.

Pre-Money Valuation 167

Pre-Money Valuation Valuation Dilution Distribution 167

K9 Ventures

JULY 19, 2012

K9 Ventures started investing in 2009 with our first fund, K9 Ventures, L.P., K9 Ventures II will still be syndicating most investments with other seed and angel investors. No distributed teams, no overseas teams, and definitely no companies that rely on “outsourcing” to build their core technology.

Technology 132

Technology Seed Stage San Francisco Limited Partner 132

K9 Ventures

JULY 19, 2012

K9 Ventures started investing in 2009 with our first fund, K9 Ventures, L.P., K9 Ventures II will still be syndicating most investments with other seed and angel investors. No distributed teams, no overseas teams, and definitely no companies that rely on “outsourcing” to build their core technology.

Technology 132

Technology Seed Stage San Francisco Limited Partner 132

VC Cafe

JULY 4, 2011

in 2009 and debt moderated to 76.6% A recent study by Israel’s Central Bureau of Statistics showed that Israeli cows produced an average of 10,208 kg (around 10,000 liters) of dairy per cow in 2009, outperforming cows worldwide. Advertising distribution company DG FastChannel Inc. of GDP in 2010 from 5.2% of GDP from 79.3%

Balance Sheet 90

Balance Sheet Acquisition Africa 90