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 Technical Review IPO Venture Capital 217

thebarefootvc

MAY 8, 2012

Additionally, while we are in a very bullish funding market, this will eventually change (having invested through the boom and bust 1999-2003 in Silicon Valley and the run up and financial crash of 2004-2009 in NYC, I can virtually guarantee that cycles will continue).

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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). The overall trends in our industry have breathed a new life into the venture capital industry. The iPhone was released.

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Technical Review Venture Capital Valuation Pre-Money Valuation 398

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

Both Sides of the Table

JUNE 28, 2011

In this three-part series I will explore the ways that the Venture Capital industry has changed over the past 5 years that I would argue are a direct result of changes in the software industry, not the other way around. So it’s unsurprising that typical “A rounds&# of venture capital were $5-10 million.

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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.

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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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Feld Thoughts

JULY 28, 2014

The SBIC was instrumental in the creation of the venture capital business. If you want to see a fun quote on it, read A History of Silicon Valley which quotes: “ …many venture capital pioneers think the SBIC program did little to advance the art and practice of venture investing.

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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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Steve Blank

NOVEMBER 16, 2009

Filed under: Customer Development , Customer Development Manifesto , Market Types « “Lessons Learned” – A New Type of Venture Capital Pitch Closure » 21 Responses Tweets that mention Times Square Strategy Session – Web Startups and Customer Development « Steve Blank -- Topsy.com , on November 16, 2009 at 7:20 am Said: [.]

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Steve Blank

MARCH 19, 2009

Now with a new infusion of $8 million dollars of venture capital, SuperMac had been resurrected from the dead and was attempting to restart. Yet two smart VC firms, Sigma and Matrix Partners, realized that somewhere in this mess there was value. Their guess was that they would find value in the high margin graphics business.

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Silicon Valley Software Review Technical Review RSS 146

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. Venture Capital' The guys at Andreessen Hororwitz are on a hell of a tear.

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Technical Review Venture Capital Early Stage Cloud 125

Both Sides of the Table

OCTOBER 21, 2009

On the third Wednesday of every month I co-chair a meeting called the SoCal VCA (venture capital alliance), which represents participants from all of the top venture capital firms in Southern California as well as prominent members of the Tech Coast Angels (TCA). 2009 has been the worst year for M&A in a decade.

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Technical Review IPO Southern California Venture Capital 241

Steve Blank

JUNE 11, 2009

Posted on June 11, 2009 by steveblank When my students ask me about whether they should be a founder or cofounder of a startup I ask them to take a walk around the block and ask themselves: Are you comfortable with: Chaos – startups are disorganized Uncertainty – startups never go per plan Are you: Resilient – at times you will fail – badly.

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Cofounder Founder Silicon Valley Technical Cofounder 219

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: [.]

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Steve Blank

FEBRUARY 23, 2009

I was consulting for the two venture capital firms who between them put $12 million into my last failed startup. Yet when I talked to my venture capital friends, they said, “Well, that’s just how startups work. We’ve managed startups like this forever; there is no other way to manage them.” Blog at WordPress.com.

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Steve Blank

AUGUST 13, 2009

Customer Development/Lean Startups In hindsight startups and the venture capital community left out the most important first step any startup ought to be doing – hypothesis testing in front of customers- from day one. In 1978 when I joined my first company , information about how to start companies simply didn’t exist. I was an idiot.

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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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SiliconHills

MAY 10, 2016

GGV Capital led the funding round with participation from existing investors including General Catalyst, Revolution Growth, Softbank Capital, Tenaya, Split Rock, Telstra Ventures and American Express Ventures. BigCommerce, founded in Australia in 2009, has previously raised $125 million.

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SoCal CTO

FEBRUARY 4, 2009

Last month we Launched Los Angeles Tech and in the announcement we provide the Hot List for the first half of January 2009. Top for January 16, 2009 - January 31, 2009 Posts Are You Selling Online Yet? This hot list is based on various social signals of what people are writing about, reading, bookmarking, searching, etc.

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San Diego Los Angeles Southern California Aggregator 159

VC Cafe

OCTOBER 13, 2010

T he latest IVC Online Report is out and Q3 results are in: 96 Israeli high-tech companies raised $341 million from venture capital funds and other venture investors – both local and foreign – in the third quarter of 2010. Israeli VC share of investment is lower than 2009. First investments in Israeli startups are down.

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Venture Capital Early Stage Revenue Startup 98

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

VC Adventure

MARCH 22, 2010

You already know the about the state of the venture capital industry in 2009: venture investing down (32%), exits down (14%; slowest exit year for VC backed companies since 1995), fundraising down (56%), IPO’s almost non-existent (8 venture backed IPOs in 2009). Related posts: Venture capital is dead!

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Up and Running

JULY 23, 2014

Startups looking for angel investors or venture capital (VC) absolutely need an exit strategy because investors require it. So startups looking for angel investors or venture capital (VC) absolutely need an exit strategy because investors require it. The exit is what gives them a return. last December.

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Exit Strategy Software Review Angel Investor Startup 131

YoungUpstarts

AUGUST 28, 2014

For technologically inclined businesses, Texas has increased its STEM (Science, technology, engineering and mathematics) workforce by 34,000 since 2009. North Carolina is also one of the top states in the country for venture capital investment. The state is geographically huge and boasts a diverse and growing population.

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Up and Running

JUNE 30, 2010

Scott has excellent in-depth data, complete with some eloquent business charts, in his Trends in Venture Capital post yesterday on Small Business Trends. What it shows is the total amount of investment money managed by venture capital firms, in billions of dollars, from 1982 through 2009. Hooray for bootstrapping.

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Austin Startup

MARCH 20, 2017

Since the field’s estimated beginnings in 2009 , subsegments like “feminomics” and “inclusive finance” have spun off, but at it’s core gender lens investing is: incorporating gender as a factor to guide investment strategies. Contrasted with an average VC fund size of $30M… there is a mismatch.

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This is going to be BIG.

SEPTEMBER 30, 2012

The last closed market we had was from about September 2008 until June 2009--10 months. While job recovery is slow, it seems that we've probably ducked that bullet and there won't be a major shift in people's interest in funding the venture capital asset class. After that, we were pretty much back on track, growing every year.

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Venture Capital Marketing Term Sheet Software Review 114

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.

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Both Sides of the Table

MAY 24, 2021

Imagine if, say, Autodesk had purchased it in 2009 for $100 million? Of the first four investments I made as a VC in 2009, two have exited and two (Invoca & GumGum) still are independent and likely to produce $billion++ outcomes . Case in point, Procore just went public and is trading at an $11 billion valuation. Maker Studios?—?sold

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ReadWriteStart

NOVEMBER 22, 2010

The law firm Fenwick & West LLP has released its Third Quarter 2010 Silicon Valley Venture Capital Survey. The survey looks at the valuations and the terms of financing for over 100 technology companies in Silicon Valley that reported raising capital in the third quarter of this year.

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Up and Running

MAY 10, 2013

I’ve been a member since it started in 2009. . Earlier in the day, keynote speaker Diane Fraiman of Voyager Capital noted that Oregon companies have received more than $600 million in venture capital funding, and challenged us, the WAC members, to continue investing in our area.

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Software Review Oregon Portland Technical Review 69

Steve Blank

NOVEMBER 12, 2009

Brendan McManus said: “Lessons Learned” – A New Type of Venture Capital Pitch [link] #startup #advice [.] Reply jordancooper , on November 12, 2009 at 8:08 am Said: Steve, sorry to do this in your comment forum, but I don’t see an email or contact. You already have the hockey stick and exponential growth.

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Venture Capital Silicon Valley RSS Hockey Stick 209

The Startup Magazine

NOVEMBER 28, 2022

Beginning of 2009, Mitul designed and sold a solution that enables mobile operators across the globe to seamlessly exchange SMS, while taking care of billing, settlement, and routing. Inside Sales), Channel, Pre-Sales, SDRs, Marketing, Customer Success, and Professional Services. During that time, he had key successes.

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rapidrollout.wordpress.com

JANUARY 15, 2011

If you’ve begun the process of raising capital, ask the angels or venture capital partners to recommend technologists who consult on a part-time basis. Reply What To Do When There’s No Venture Capital « Web Startup Help says: January 13, 2009 at 10:42 pm [.] Also try a search on LinkedIn.

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Gust

NOVEMBER 2, 2011

It has been used by angels since, however Dave updated the model for 2009 ACA Leaders Workshop in Richardson, TX. Best practice for angels investing in pre-revenue ventures is to use multiple methods for establishing the pre-money valuation for seed/startup companies. Here is his latest version. Characteristic. Quality Management Team.

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Valuation Pre-Money Valuation Intellectual Property Southern California 79

Cracking the Code

FEBRUARY 23, 2011

Venture Capital. (3). ► 2009. (9). Explore Venture Capital. Favorite Podcasts. (1). internet. (6). McKinsey highlights. (1). Online Gaming. (1). Portfolio. (3). sales and marketing. (10). Small and medium businesses. (2). software. (10). Blog Archive. ► 2012. (1). ► 01/15 - 01/22. (1). Raj Kapoor.

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