Remove 2012 Remove Business Model Remove Lead Investor Remove Portfolio
article thumbnail

New San Diego VC Firm Emerges as ‘The Moneyball of Venture Capital’ | Xconomy

www.xconomy.com

XSITE 2012: The Xconomy Summit on Innovation, Technology & Entrepreneurship. Here’s some big news for San Diego’s innovation economy: There’s a new venture capital firm in town—and its investment methodology represents a fundamentally different approach to the conventional business model for venture investing. Steve Seitz.

article thumbnail

ProfessorVC: The Most Important Venture Capital Statistic

Professor VC

Mid-way through the process, we took another cut at our business plan and built a model where $5 million would be sufficient to get us beyond breakeven. This brought in a new set of prospective investors and required a lower investment from the lead investor as our existing investors were committed and on board.