Both Sides of the Table

MARCH 24, 2014

As a result I didn’t write my first venture capital check until March 2009 – exactly 5 years ago. In 2010 somebody posed the question on Quora, “Is Mark Suster a Successful Venture Capitalist?” That company was Invoca, which just announced a $20 million fund raise led by Accel. 5 years ago.

Los Angeles 387

Los Angeles Intellectual Property LP Venture Capital 387

Steve Blank

SEPTEMBER 14, 2009

Posted on September 14, 2009 by steveblank Over the last 30 years Wall Street’s appetite for technology stocks have changed radically – swinging between unbridled enthusiasm to believing they’re all toxic. One of the biggest mistakes entrepreneurs make is misunderstanding the role of venture capital investors. What Do VC’s Do?

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Silicon Valley IPO Technical Review Venture Capital 233

VC Cafe

JULY 21, 2020

In the past I’ve covered the rise of corporate venture capital and the growing number of Fortune 500 companies who are actively launching CVC arms or investing in startups/funds. A relationship with Google can take many forms, which I will detail in this post as a guide for founders exploring their relationship with big tech.

Technical Review 131

Technical Review Startup Early Stage Cloud 131

Both Sides of the Table

JULY 26, 2022

We’ve also worked with our Partner, Dana Kibler who is also our CFO for nearly 20 years. In short, In Venture Capital, Size Matters Size matters for a few reasons. In fact, I am still active on two boards where I first invested in 2009.

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San Francisco Early Stage Venture Capital Los Angeles 408

Steve Blank

APRIL 12, 2013

This post is about the rise of Chinese venture capital and how it helped build the countries entrepreneurial ecosystem. The Rise of Chinese Venture Capital. This helped the startups qualify for funding from banks and venture capital firms. It went bankrupt in 1997.). Investing in China Today.

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Both Sides of the Table

JULY 23, 2014

There has been much discussion in the past few years of the changing structure of the venture capital industry. The rise of alternative sources of capital (crowd funding and the like). But it still takes VC to scale a business (thus large capital into industry winners like Uber, Airbnb, SnapChat, etc). and hasn’t abated.

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Technical Review Venture Capital Valuation Pre-Money Valuation 398

thebarefootvc

MAY 8, 2012

If there is an opportunity to bring in a syndicate partner that will add exponential value, it would be foolish to not include them. No matter how capable and experienced, an entrepreneur needs as many trusted, networked and experienced eyes and ears to help her navigate through this dynamic market.

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Venture Capital Syndicate Syndication Bandwidth 78

Both Sides of the Table

SEPTEMBER 22, 2012

He also nails the reason why venture capital is still necessary to grow large businesses quickly in a world where the costs of running startups have fallen dramatically. After all, growth equals high valuations and loads of venture capital! It’s ok to raise venture capital and try to build a monster business.

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Silicon Valley Venture Capital Startup Technical Review 390

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. 2009) [ii]. Acquirer/ Investor.

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Private Equity Venture Capital Technical Review Equity 114

ReadWriteStart

FEBRUARY 19, 2020

In 2018, venture capital investments in Latin America doubled for the second consecutive year, according to LAVCA’s Annual Review of Tech Investment in Latin America. Colombia received $334M of investment in 2018, a nearly 5x increase in venture capital from the year before. Increased foreign investment.

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Colombia America Technical Review Startup 146

Steve Blank

NOVEMBER 9, 2009

I had hired the VP of marketing from a potential software partner who was responsible to get all this 3 rd party software on our computer. Ernest Hemingway One of an entrepreneur’s greatest strengths is their relentless pursuit of a goal. But few realize how this differs from most of the population. Oh, and we had no installed customer base.

Silicon Valley 331

Silicon Valley Software Review RSS Technical Review 331

Steve Blank

NOVEMBER 5, 2009

Did the partner have a good or bad day, etc. Unfortunately in early stage startups the drive for financing hijacks the corporate DNA and becomes the raison d’etre of the company. Did the VC’s like your team ? Do they believe you have a big enough vision and market. I believe all this advice is wrong. This article is typical, very useful.

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Customer Development Developer Customer Silicon Valley 266

Startup Lessons Learned

MAY 31, 2019

Scott Kupor is the managing partner at Andreessen Horowitz, where he’s responsible for all operational aspects of running the firm. He's been with the firm since its inception in 2009 and has overseen its rapid growth, from three employees to 150+ and from $300 million in assets under management to more than $10 billion.

Lean 108

Lean Venture Capital Conversion IPO 108

Steve Blank

APRIL 12, 2013

This post is about the rise of Chinese venture capital and how it helped build the countries entrepreneurial ecosystem. The Rise of Chinese Venture Capital. This helped the startups qualify for funding from banks and venture capital firms. It went bankrupt in 1997.). Investing in China Today.

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Venture Capital China Offshore SBIR 167

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. Following Microsoft’s addressable advertising trials with NBC in June 2009, many suspect that Google’s investment may have some defensive motivations, as well. Rumored to be appox.

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Stealth SEC Advertising Accredited Investor 285

Both Sides of the Table

AUGUST 9, 2011

Venture Capitalists typically have partners’ meetings on Mondays. So the industry formed around a day of the week when all partners could avoid having company board meetings or traveling. I introduced my partners, we spent weeks with the team and felt good rapport. Why is that? Yesterday was a Monday. We did not.

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Stock Technical Review Marketing Greece 305

Both Sides of the Table

APRIL 2, 2010

This is part of my series on Understanding Venture Capital. Example: if a VC is on their fourth $200 million fund that they just raised in 2009 then you might hear them talk about $800 million under management. And funds also have investments from the partners of the firm.

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Venture Capital Balance Sheet Early Stage Software Review 269

Both Sides of the Table

OCTOBER 15, 2014

I first met Nick Halstead in 2009 when he was running a company called Tweetmeme (the predecessor to DataSift) who had invented the Retweet button and actually helped Twitter develop its early API. He travelled tirelessly to clients, data partners and to the UK to make sure the global organization was synchronized. Shaping an industry.

Founder 309

Founder CTO Hire Silicon Valley Leadership 309

Both Sides of the Table

SEPTEMBER 12, 2013

I am thrilled to announce that we have added Hamet Watt as a Partner at Upfront Ventures. But as sweet as that success has been (we invested pre-revenue in a small team) today my even more important news was the further expansion of our partner ranks. We have been on a drive to add more operational partners.

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Partner Los Angeles South Africa Cap Table 340

Steve Blank

NOVEMBER 16, 2009

Union Square Ventures The next morning I got to spend time with Brad Burnham , partner at Union Square Ventures talking about their investment strategy and insights about web-based businesses. Bill and his partner Fred Wilson have invested in ~30 or so companies with 27 still active.

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Customer Development Web Developer Customer 227

The Equity Kicker

MARCH 28, 2014

The firm was founded in 2009 and they just announced the closing of their fourth fund at $1.5bn. They are one of the firms that inspires us here at Forward Partners , particularly for their operational model which we have adapted and extended so it works for early stage in the UK. Venture Capital'

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Technical Review Venture Capital Early Stage Cloud 125

Cracking the Code

FEBRUARY 27, 2009

Thoughts from a Venture Capitalist on Software, Software-as-a-Service (SaaS), Cloud Computing, Internet and more. Friday, February 27, 2009. Bessemer Venture Partners Expands BVP VII Fund. New Capital Earmarked for Global High-Growth Investments LARCHMONT, N.Y., 2009 Bessemer Venture Partners.

Software Review 48

Software Review Partner United States Venture Capital 48

Steve Blank

DECEMBER 7, 2009

Posted on December 7, 2009 by steveblank In my 21 years of startups, I had my ideas “stolen” twice. The initial hypothesis for Epiphany (from my much smarter partner Ben ) was that as departments in the enterprise (manufacturing, finance, customer support sales) became automated, the marketing department would eventually get its turn.

Silicon Valley 248

Silicon Valley Non-disclosure Agreement NDA Startup 248

Steve Blank

MARCH 19, 2009

Yet two smart VC firms, Sigma and Matrix Partners, realized that somewhere in this mess there was value. Now with a new infusion of $8 million dollars of venture capital, SuperMac had been resurrected from the dead and was attempting to restart. And with all of that they had gone broke, out of business and into Chapter 11.

Silicon Valley 161

Silicon Valley Software Review Technical Review RSS 161

Feld Thoughts

JULY 28, 2014

As a partner in one of the most visible VC firms in Colorado and an LP in many of the Colorado VC firms, I’ve never heard from Matthew or anyone from the SBIC. The SBIC was instrumental in the creation of the venture capital business. it made the difference between not being able to do it, not having the money.”

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SBIC Venture Capital Colorado SBA 142

rapidrollout.wordpress.com

OCTOBER 23, 2010

Web Startup Lessons Advice from a CTO and Entrepreneur Home About Finding a Technical Partner for Your Startup Today I received an inquiry from a student at an Ivy League university who wants to launch a web startup. You can find a technologist to join you as a partner, for half of the company’s equity.

Technical Review 40

Technical Review Fractional CTO Partner CTO Hire 40

Steve Blank

JULY 2, 2009

Entrepreneur-in-Residence After SuperMac I had been approached by one of our venture investors to be an entrepreneur in residence (EIR), a Silicon Valley phrase which says one thing but means another. The CDROM content business in the early 1990’s was one of the many of the long line of venture capital fads.

Silicon Valley 120

Silicon Valley Technical Review RSS Software Review 120

Steve Blank

APRIL 10, 2009

Martin , on April 10, 2009 at 9:27 am Said: A post that would delight F.A. link] Reply craig sparer , on April 10, 2009 at 5:44 pm Said: So true. link] Reply steveblank11 , on April 10, 2009 at 10:32 pm Said: Prakash, Thanks for the link. Reply Daily Links #52 | CloudKnow , on April 12, 2009 at 10:18 am Said: [.]

Silicon Valley 305

Silicon Valley RSS Startup Agile 305

The Startup Magazine

NOVEMBER 28, 2022

Mitul’s passion to excel and customer focus have been built into the core values and mission of Citius Partners. They provide a hands-on transformation and revenue growth partner for B2B technology companies. How Citius Partners helps their clients. Mitul Ruparelia – Founder, Citius Partners.

Founder 158

Founder B2B Private Equity India 158

Steve Blank

JULY 16, 2009

Meanwhile my partner was in heaven working with his newly hired group of game designers directing and producing our first games. No, not really, but my partner owns the studio and tells me it’s spectacular and everyone will love it. Go spend some time outside the building talking to potential distribution partners.

Silicon Valley 221

Silicon Valley RSS Video San Diego 221

David Teten

SEPTEMBER 16, 2014

That’s a sizeable amount, especially in comparison to the US venture capital industry, which similarly invests over $20 billion annually. In 2013, 298,800 angels invested in 70,730 entrepreneurial ventures, according to the 2013 Angel Market Analysis by the Center for Venture Research at the University of New Hampshire.

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Angel Investor Technical Review Venture Capital Pre-Money Valuation 114

This is going to be BIG.

MAY 16, 2016

There aren't many people who get the chance to analyze venture capital fund return data. First, the author says the dataset is " a dataset compiled by Bloomberg, covering 3,300 individual funds and 1,600 general partners ". The midway point of this dataset is 2009. Companies take a long time to exit--often 5-9 years.

Venture Capital 84

Venture Capital IRR LP .Net 84

Steve Blank

OCTOBER 8, 2009

Reply steveblank , on October 8, 2009 at 1:42 pm Said: Matt, The issue isn’t how you “frame it.&# Chris Ryland , on October 8, 2009 at 1:35 pm Said: OK, so who was the CEO? At Ardent I learned many of them with a sharp smack on the side of the head from a brilliant but abusive boss.

Silicon Valley 282

Silicon Valley RSS Customer Development California 282

David Teten

NOVEMBER 26, 2019

In 2009 the organization moved to a run-rate methodology, which monitors spending quarter-over-quarter. Disclosure: Graphite Financial is a spinoff of ff Venture Capital , where I was formerly a Partner. ThedaCare also introduced a daily financial management tool for department managers. Guest contributed to Techcrunch.

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Agile Management Forecast Silicon Valley 60

Austin Startup

JUNE 27, 2017

Austin-Based Venture Capital Firms There are a eleven venture capital firms based in Austin that are actively investing today, six of which are first funds. VC Firms Actively investing in Austin Companies Finally, there are a group of venture capital firms that are not based in Austin that are active investors here.

Venture Capital 54

Venture Capital Austin Texas Private Equity 54

Steve Blank

AUGUST 31, 2009

Or at times an even more honest answer, “My senior partners say this is the only way to do it.” Reply Greg Boutin , on August 31, 2009 at 12:33 pm Said: A very interesting contribution, Steve. Greg Boutin Founder, Growthroute Ventures, [link] Reply TO REVENUE » Talking on Techie-Biz Divide at Communitech Guelph on Sept.

Customer Development 243

Customer Development Developer Customer Silicon Valley 243

SoCal CTO

JUNE 9, 2010

Kathy Sierra at Business of Software 2009 - Business of Software Blog , May 4, 2010 "In the old days, getting customers was easy. Draw Your Ideas - A VC : Venture Capital and Technology , May 16, 2010 I saw Jack Dorsey give this talk at The 99% Conference last month. You could just outspend. Tesla is not. It's a great talk.

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Fractional CTO Startup Venture Capital Cofounder 248