Both Sides of the Table

MAY 23, 2012

Many observers of the venture capital industry have questioned whether its best days are behind it. Looking ahead at the next decade I am excited by what I believe will be viewed as one of the best and most rational investment periods for venture capital due to seven discrete factors: 1.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

www.xconomy.com

JUNE 9, 2012

XSITE 2012: The Xconomy Summit on Innovation, Technology & Entrepreneurship. New San Diego VC Firm Emerges as ‘The Moneyball of Venture Capital’. The firm, Correlation Ventures, is using predictive analytics technology to tilt the odds in its favor. Venture Capital innovation people. Steve Seitz.

San Diego 40

San Diego Venture Capital Technical Review San Francisco 40

The Equity Kicker

FEBRUARY 28, 2014

I’ve just re-read the a 2012 report by the Kauffman Foundation about the contractual relationship between venture capital funds (often called GPs, short for General Partner) and their investors (often called LPs, short for Limited Partners). Venture Capital' Transparency and alignment. Both very important.

Venture Capital 108

Venture Capital Limited Partner Portfolio Partner 108

David Teten

JULY 17, 2012

If you’re interested in learning more about venture capital, or our fast-growing portfolio of tech startups, consider applying below. Meet and learn from leaders in the startup and VC communities, including CEOs from our portfolio. Read about our previous interns: Spring 2012. Summer 2011.

Venture Capital 114

Venture Capital Portfolio Community Developer 114

David Teten

FEBRUARY 23, 2012

We are excited to announce that as of November 30, ff Venture Capital closed on a $27 million fund, ff Silver. Keep an eye out for the next generation of great companies in the ff VC portfolio. TechCrunch broke the news and Betabeat also covered it.

Venture Capital 141

Venture Capital Portfolio Search 141

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). What are your predictions for the road ahead.

Technical Review 241

Technical Review IPO Southern California Venture Capital 241

Haystack

JUNE 5, 2018

Not yet profitable but invaluable to developers worldwide, the decade-old company bootstrapped, differentiated from formidable competitors GitLab and Atlassian’s BitBucket, weathered leadership upheavals, and eventually ingested lots of venture capital which helped them weather the challenges they faced. Many tried and couldn’t get in.

Acquisition 71

Acquisition Azure Open Source Seattle 71

Both Sides of the Table

APRIL 2, 2010

This is part of my series on Understanding Venture Capital. Also, since most funds are 10-year funds there will be pressure in 2012 for this fund to start exiting its investments and return money to its shareholders. We also took one of our large portfolio companies, Ulta, public. Most funds get annual extensions.

Venture Capital 269

Venture Capital Balance Sheet Early Stage Software Review 269

Startup Professionals Musings

MARCH 16, 2016

This term refers to an initial venture-capital investment, often wrongly sought to seed early product development. But recent changes in the law, associated with the JOBS Act of 2012 , have made it possible to sell small chunks of ownership or equity to non-accredited investors -- regular people on the Internet.

Software Review 120

Software Review Sweat Equity Accredited Investor Angel Investor 120

Agile VC

OCTOBER 23, 2012

Typically it’s when Cambridge Associates releases their benchmark data on the VC asset class ( here’s a 2010 example article from TechCrunch ) or an organization like the Kauffman Foundation publishes a white paper ( a 2012 example article from Business Insider here ). Even if you’re top decile for your vintage year (e.g.

LP 176

LP Accredited Investor Carried Interest Portfolio 176

Startup Professionals Musings

JUNE 5, 2015

New crowd funding platforms on the Internet, like Kickstarter and IndieGoGo , as well as the Jobs Act of 2012 , are expected by many to ramp up regular people’s ability to fund new opportunities and kill the need for angel groups. I just don’t see it happening any time soon. Neither does David S. billion collected in 2014.

Angel Investor 120

Angel Investor Angel Groups Accredited Investor IRR 120

Austin Startup

AUGUST 10, 2017

Take a look at some of the emails between us from 2010: We were attending NYU from 2008–2012. We were roommates at the time and launched two different companies out of a kind-of dumpy apartment: We both went on to raise millions in venture capital and build meaningful businesses in interesting spaces. Factom, Inc.

Technical Review 48

Technical Review Cofounder Technical Cofounder Austin 48

Version One Ventures

JULY 30, 2019

We raised our first fund in summer 2012. It was a $15m early-stage fund that we invested in 20 portfolio companies over the course of two and a half years. We’re now seven years in and the portfolio is maturing. I plotted the return multiples (as of June 30, 2019) for all 20 portfolio companies in the chart below.

Portfolio 167

Portfolio Early Stage Seed Stage Venture Capital 167

David Teten

MAY 10, 2012

I hope you can join me in Washington, DC, on Thursday, May 24, 2012, 5:30 PM To 8:30 PM for a talk and event sponsored by the HBS Club of Washington, DC. As I’ve previously blogged , I will soon publish the first formal study of best practices of VCs in improving portfolio company value.

DC 133

DC Washington Portfolio Venture Capital 133

Gust

FEBRUARY 22, 2014

As such, creating a functional clone of Gust (including all the features under the hood, and ones that have not yet been released), using world-class engineers and state-of-the-art, 2012 project management in Ruby on Rails, would take roughly 20 person-years from soup to nuts (figure about 1/3 of that in product/UX/UI and 2/3 in actual coding.)

Belarus 107

Belarus Kazakhstan Portugal Accredited Investor 107

Version One Ventures

JULY 31, 2018

I often joke that I have gone through the Wertz School of Venture Capital ??. Since 2012, we have made over 40 investments and have been busy building our fund, expanding and deepening our network, and most gratifyingly, working with our portfolio companies in their pursuit to transform their industries and the world.

Hiring 166

Hiring San Francisco Advisory Board Due Diligence 166

David Teten

AUGUST 19, 2019

I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance.

Revenue 60

Revenue Technical Review Software Review Equity 60

David Teten

APRIL 22, 2013

I couldn’t be more excited to share that one of our portfolio companies, Ionic Security (formerly Social Fortress), has raised $9.4 I met Adam Ghetti , Founder/CTO, at the first Flashpoint Demo Day in New York in early 2012 at Union Square Ventures. Atlanta ff Venture Capital Ionic Security'

Venture Capital 114

Venture Capital Security Operations Atlanta 114

This is going to be BIG.

MAY 5, 2023

It will be the 105th deal out of Brooklyn Bridge Ventures, the firm I started back in September 2012, and it will be the last deal I’ll be making out of my third fund. It will also be my last venture capital deal. Sometime in the next few weeks, I’ll complete my next investment.

Later Stage 218

Later Stage Venture Capital Term Sheet Limited Partner 218

Both Sides of the Table

FEBRUARY 18, 2017

Union Square Ventures (USV) has been one of the most successful venture capital firms of the past 10–15 years and continues to be a leader in our industry. Lindel is no stranger to thorny venture capital issues — he was arguably amongst the most successful LPs of his generation.

Leadership 161

Leadership LP Venture Capital Silicon Valley 161

Both Sides of the Table

SEPTEMBER 28, 2014

by Michael Woolf that is worth any startup founder reading to get a sense of perspective on the reality warp that is startup world during a frothy market such as 1997-1999, 2005-2007 or 2012-2014. If you have raised venture capital and you feel your runway (number of months cash left) is looking low have a conversation with your VC.

Burn Rate 383

Burn Rate Balance Sheet .Net Valuation 383

crowdSPRING Blog

SEPTEMBER 6, 2012

Practical Advice for Raising Early Stage Venture Capital – [link]. Fred Wilson on Why the Collapse of Venture Capital is Good – [link]. 20 of the Best Photoshop Tutorials of August 2012 – [link]. Common portfolio mistakes (and how to fix them) – [link]. Staffing your startup?

Social Media 92

Social Media Small Business Design Media 92

Cracking the Code

JANUARY 16, 2012

Thoughts from a Venture Capitalist on Software, Software-as-a-Service (SaaS), Cloud Computing, Internet and more. Monday, January 16, 2012. Portfolio. (3). Venture Capital. (3). ▼ 2012. (1). Explore Venture Capital. Cracking The Code. BlablaCar - Travel Revolution. Europe Consumer. (1).

Software Review 95

Software Review Europe Technical Review Spain 95

Hunter Walker

JUNE 26, 2023

Chris Neumann (of Canada’s Panache Ventures ) checks these boxes so I asked him to come on my blog (currently less consistent, hopefully still the other two) for Five Questions. Hunter Walk: So why venture capital, why early stage, and why Canada? For example, we had a hybrid work schedule starting in 2012.

Silicon Valley 114

Silicon Valley Canada Founder Early Stage 114

David Teten

SEPTEMBER 2, 2017

It’s hard enough to get a job at a venture capital or private equity firm; it’s even more complex to join as a Partner. These are many of the steps I went through when I joined HOF Capital. Contact : to existing portfolio, to internal team resources, to LPs. Union Square Ventures ( [link] ). Use at your own risk.

Private Equity 60

Private Equity Venture Capital Equity Partner 60

David Teten

JANUARY 10, 2012

Christopher Fralic, Managing Partner, First Round Capital. Michael Yavonditte is CEO of Hashable, a New York startup backed by ff Venture Capital and a number of other leading VCs. Thursday, January 12, 2012. You can reach Mr. Kalghatgi at nikhil@softbank.com and @nikhilkal.

Portfolio 122

Portfolio New York Social Bookmarking Philadelphia 122

Cracking the Code

AUGUST 3, 2011

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

Software Review 67

Software Review Europe Technical Review Search 67

Lightspeed Venture Partners

DECEMBER 10, 2012

Although Sharktank has been running reruns on Fridays the last few weeks, the show ran a Sharktank 2012 Holiday special on Tuesday night. In both these cases, the lenders often like to see venture capital invested recently into the company that sits under the debt in the capital structure and provides some level of security to the debt.

Covenant 156

Covenant Warrant Southern California Los Angeles 156

Cracking the Code

FEBRUARY 23, 2011

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

Software Review 101

Software Review Technical Review Valuation Europe 101

BeyondVC

MARCH 18, 2018

We couldn’t be more excited to be leading this new round of capital again with Canaan Partners and including Heavybit, FundFire, and Peter Mckay (Co-CEO of Veeam) (see Techcrunch for more coverage). Our initial journey goes way back as we were investors in Guy Podjarny’s previous company, Blaze.io, which sold to Akamai in 2012.

Open Source 60

Open Source Security Cofounder Software Review 60

Version One Ventures

JULY 21, 2020

We raised our first fund in summer 2012. Amazing, mission-driven founders are found throughout our portfolio. And here’s the official unveiling, with a quick synopsis of our new messaging and the thinking behind it. . Backing the next generation of mission-driven founders”.

Founder 213

Founder Vertical Differentiation Portfolio 213

View from Seed

SEPTEMBER 14, 2021

That’s a bit of a cautionary tale to VC investors today who might think it’s inevitable that the private value they are enjoying in their portfolios will certainly translate to distributions in the near future. Was this a lost decade for venture capital? So, four years later, DPI is still trying to catch up with TVPI from 2017.

Valuation 319

Valuation Pre-Money Valuation Distribution Early Stage 319

Cracking the Code

NOVEMBER 7, 2010

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

Software Review 59

Software Review Technical Review Cloud Europe 59

Version One Ventures

APRIL 8, 2014

Thus, it should come as no surprise that we are now seeing Venture Capital being disrupted by these forces as well. In his post The Disruption of Venture Capital , Albert Wenger described VC as “the club you had to be invited into.”. Enter Mattermark: where “Big Data Meets Venture Capital”.

Venture Capital 160

Venture Capital Vertical Curation SEC 160

Cracking the Code

FEBRUARY 27, 2009

New Capital Earmarked for Global High-Growth Investments LARCHMONT, N.Y., 26 Bessemer Venture Partners (BVP), the oldest venture capital practice in the United States, today announced the closing of a $350 million supplement to its current fund family, BVP VII, which closed in June 2007. 2009 Bessemer Venture Partners.

Software Review 48

Software Review Partner United States Venture Capital 48

View from Seed

SEPTEMBER 14, 2021

That’s a bit of a cautionary tale to VC investors today who might think it’s inevitable that the private value they are enjoying in their portfolios will certainly translate to distributions in the near future. Was this a lost decade for venture capital? So, four years later, DPI is still trying to catch up with TVPI from 2017.

Valuation 295

Valuation Pre-Money Valuation Distribution Early Stage 295

Both Sides of the Table

MARCH 12, 2013

So I started introducing him to portfolio companies. It was perfect timing since in 2012 GRP raised its fourth fund bringing our total assets managed to nearly $1 billion. His plans are still solidifying but will likely involve some later-stage activities in the eCommerce & retail sectors unrelated to early-stage venture capital.

Partner 360

Partner Las Vegas Los Angeles San Francisco 360