David Teten

JUNE 10, 2020

SOP Capital is a new, early-stage, New York-based VC focused on East Coast companies. SOP’s founder is David Teten , previously a Partner with HOF Capital and ff Venture Capital and a serial fintech entrepreneur with 2 exits. David is also Founder of HBS Alumni Angels of NY , the largest angel group on the East Coast.

New York 60

New York Venture Capital Technical Review Due Diligence 60

Gust

OCTOBER 12, 2011

During the summer of 2010, I developed a workshop, A New ACEF Valuation Workshop for Angels and Entrepreneurs. To provide some reference points, I surveyed thirteen angels groups in North American to determine their recent experience in negotiating the pre-money valuation of pre-revenue companies. Boise Angel Alliance.

Angel Groups 125

Angel Groups Valuation Pre-Money Valuation St. Louis 125

Both Sides of the Table

APRIL 13, 2011

There was a lot of consumer internet activity again…resurgence of things, but it was still mysterious, venture capital was still kind of closed, 1st time entrepreneurs had a lot of questions that were unanswered, and there was still some sort of hand waiving around all the financing stuff and so we took it on….”. was starting.

Technical Review 288

Technical Review Venture Capital Silicon Valley Software Review 288

Berkonomics

JUNE 26, 2014

Angel investors, particularly those in organized angel groups, are typically former entrepreneurs who have had successful liquidity events in their pasts, or executives of companies who’ve retired with the funds from their stock options. So how an angel responds to your pitch depends upon his or her background.

Liquidity Event 76

Liquidity Event Technical Review Due Diligence Angel Groups 76

Both Sides of the Table

AUGUST 14, 2009

In most cases if you can’t get a prototype done you’re probably not an entrepreneur. Professional angels / former entrepreneurs / seed funds – In Silicon Valley there are people like Ron Conway, Jeff Clavier, Mike Maples and many more. Surround yourself with great advisors or other entrepreneurs.

Silicon Valley 291

Silicon Valley Ireland Technical Review Valuation 291

Startup Professionals Musings

JANUARY 19, 2020

Perhaps because of their focus on building a large portfolio, or their competitiveness, these angels sometimes accept valuations that cause later friction while moving to VCs, or even other angel groups. This can cause early investor dilution, lower ultimate returns or leave the startup stranded.

Angel Investor 314

Angel Investor Venture Capital Silicon Valley Startup 314

Berkonomics

APRIL 20, 2023

Here I am a professional investor in early-stage companies, and I attempt to find those with the greatest chance of success and growth in value over time. We have years of real data to call upon: data that impacts both investors and entrepreneurs. How about the early-stage investors? Data does not lie.

SBA 62

SBA Angel Investor Early Stage Liquidity Event 62

Both Sides of the Table

SEPTEMBER 27, 2012

My suggestion is to get some of the angel groups – notorious for slow decision-making and hat passing – and pool their money into a small fund structure of say $5-10 million. If you’re working with early-stage companies you need to be spending quality time with them which means you need to be nearby.

Community 378

Community San Diego Silicon Valley Los Angeles 378

David Teten

SEPTEMBER 23, 2017

In venture capital in particular, early-stage companies are often operating in frontier industries, where the rules are unpredictable and conventional analytic frameworks may be misleading. A major angel group used Influitive , an advocate management tool, to track, activate and motivate their members.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

Austin Startup

MARCH 4, 2019

Meet the Locals Here are the most active early stage investors in town that you should meet while you’re here and do deals with. It’s a robust ecosystem so I’m only listing the ones we’ve done the most deals with here but Capital Factory is the most active early stage investor in Texas so this is a good sampling.

Silicon Valley 50

Silicon Valley Technical Review Texas Venture Capital 50

Austin Startup

JUNE 27, 2017

Looking for Funds in All the Right Places: The Definitive Guide to Austin Capital By David Altounian and Stephen Straus OVERVIEW For entrepreneurs: We’ve compiled a definitive list of sources of capital in Austin to help focus your fundraising efforts.

Venture Capital 54

Venture Capital Austin Texas Private Equity 54

Gust

APRIL 23, 2014

When you realize that the platform operates in half a dozen languages and has investors or entrepreneurs in over 200 countries engaging in both local and cross-border investments, you can begin to see the outlines of the future of finance. Gust News angel groups businesses financial industry Gust innovations startups'

Angel Groups 127

Angel Groups Accredited Investor Private Equity Deal Flow 127

View from Seed

MARCH 16, 2016

There’s Semantic Machines , one of the best collections of AI and ML minds in the world, led by serial entrepreneur Dan Roth. This is true when it comes to early-stage funding, but also as it relates to support platforms being built by local firms to help Boston-based startups. Want hardcore futuristic technology?

Boston 215

Boston Early Stage Artificial Inteligence Semantic 215

Gust

JANUARY 22, 2014

Gust is the infrastructure that underlies much of the professional world of early stage finance. The answer, of course, is Gust —because that’s exactly the purpose behind the platform! Above is a screen shot I just took of my Gust investor dashboard.

Angel Investor 150

Angel Investor Angel Groups Accredited Investor Early Stage 150

Berkonomics

MARCH 9, 2017

Here I am a professional investor in early stage companies, and I attempt to find those with the greatest chance of success and growth in value over time. We have years of real data to call upon: data that impacts both investors and entrepreneurs. Again, quoting the ARI study, angel investors hold their average investment for 4.5

Angel Investor 106

Angel Investor Angel Groups Liquidity Event Early Stage 106

Startup Professionals Musings

DECEMBER 27, 2014

Perhaps because of their focus on building a large portfolio, or their competitiveness, these angels sometimes accept valuations that cause later friction while moving to VCs, or even other angel groups. This can cause early investor dilution, lower ultimate returns or leave the startup stranded.

Angel Investor 260

Angel Investor Silicon Valley Startup Portfolio 260

David Teten

DECEMBER 12, 2017

As a globally focused LP in early stage VC funds, we at Blue Future Partners have observed a growing trend of firms investing substantially in software tools, whether developing proprietary solutions or adopting off the shelf tools. But what tools are they using themselves to automate their own processes? Methodology.

Early Stage 60

Early Stage Technical Review Software Review Venture Capital 60

David Teten

JULY 3, 2013

I hope you can join me for this: So You Want to Be an Angel? what you need to know as an early stage investor: best practices in origination, evaluation, structuring and adding value. 8 – 8:30 pm: Meet other angels. Keynote Speaker: David Teten ( Presentation sneak peek: Introduction to Angel Investing ).

Angel Investor 114

Angel Investor New York Accredited Investor New York City 114

David Teten

JULY 3, 2013

I hope you can join me for this program, cosponsored by Empire Angels ; HBS Alumni Angels of Greater New York ; and the The Young Venture Capital Society. So You Want to Be an Angel? what you need to know as an early stage investor: best practices in origination, evaluation, structuring and adding value.

Angel Investor 114

Angel Investor New York Accredited Investor New York City 114

Gust

JUNE 25, 2014

Both are platforms to help you, as an entrepreneur, connect with potential investors. Both are useful additions to the early stage entrepreneurial ecosystem. Both platforms allow investors (and others) to search for companies by criteria such as name, keyword and location. original post can be found on Quora @ [link] *.

Angel Groups 138

Angel Groups Curation Early Stage Search 138

Gust

JANUARY 22, 2014

Gust is the infrastructure that underlies much of the professional world of early stage finance. The answer, of course, is Gust —because that’s exactly the purpose behind the platform! Above is a screen shot I just took of my Gust investor dashboard.

Angel Investor 89

Angel Investor Angel Groups Accredited Investor Early Stage 89

Gust

FEBRUARY 26, 2014

Leaders and active members of all the major North American angel groups attend this three day conference, along with a large delegation of international business angels. NACO National Angel Summit. This is the big one, which rotates among different cities in the US each year. VentureForward Conference.

Angel Investor 125

Angel Investor Global Angel Groups Europe 125

Berkonomics

MAY 15, 2014

After being an active angel investor for about fifteen years, I realized that many of the discussions I was involved in were virtually identical to ones I’d had many times before. Angel investing is rapidly evolving to the same state of development, as a result of networking, industry associations, and deal sharing between angel groups.

Term Sheet 91

Term Sheet Angel Groups Angel Investor Deal Structure 91

Steve Blank

JULY 1, 2014

While the posts were theory I was a bit surprised when John Selep , an early-stage investor, approached me and said he was actually using the Investment Readiness Level (IRL) in practice. Entrepreneurs should always communicate their business’ very latest stage of customer development as part of their investor presentation.

Sacramento 306

Sacramento Framework Customer Development Lean 306

Gust

JANUARY 4, 2012

Entrepreneurs: if you’re looking seriously at angel investment, and you have the kind of product-market fit and management experience investors will like, you need to take a good look at convertible notes. Do yourself and the investors you want to talk to a favor: take a few minutes and do some homework on this issue.

Angel Investor 114

Angel Investor Valuation Angel Groups Equity 114

This is going to be BIG.

MARCH 5, 2014

At the early stage, the ranks of the non-partner investor are disappearing. If you want to break into the startup world and you come from investment banking, don''t forget the one thing that your resume says that actually speaks to entrepreneurs--you know potential investors. They are, however, staffing up with specialists.

Venture Capital 114

Venture Capital Early Stage Cofounder Angel Groups 114

Berkonomics

DECEMBER 17, 2020

Let’s take a few minutes to examine the kind of equity financing available to small or early stage businesses. There are other classes of equity investors for small or early stage businesses that we have not yet considered. Often grouped into formal organizations, these investors are sophisticated, helpful, and connected.

Equity 62

Equity Finance Liquidity Event Angel Groups 62

Professor VC

MAY 29, 2008

To the SEC, it means that you are an accredited investor and To the man (or woman) on the street, a minimum qualification would seem to be an interest and ability to invest in early stage ventures. However, that is not always the case as there is no qualification to set out your shingle as an angel investor or form an angel group.

Angel Investor 28

Angel Investor Angel Groups Accredited Investor San Jose 28

ReadWriteStart

SEPTEMBER 20, 2010

According to Robbie Allen, founder of the sports analytics site StatSheet , one of the main draws to the Research Triangle area for entrepreneurs are the number of funding opportunities. Allen points to the support that StatSheet received from the NCIDEA , a program that grants very early stage companies funding.

North Carolina 151

North Carolina Raleigh United States Angel Groups 151

VC Adventure

JANUARY 24, 2014

I’ll be speaking at an Impact Angel Group event on February 12th. With a few other angel investors, I’ll be talking to other angel investors, along with prospective angel investors, about the role of impact investing the community, as well as in our own portfolios.

Angel Investor 92

Angel Investor Denver Angel Groups Early Stage 92

Feld Thoughts

FEBRUARY 7, 2010

A month or so later Jason Calacanis picked up the mantle and started a Jihad against the idea of angel groups charging entrepreneurs to pitch to them. The result is the Open Angel Forum. About 20 active (at least four investments in the past year) early stage investors (angels and seed stage VCs) attended.

Angel Investor 110

Angel Investor San Francisco New York City Colorado 110

Gust

DECEMBER 1, 2011

New Company Formation – According to the Kauffman Foundation, entrepreneurs start about 700,000 companies per year in the US. We have no measure of the changes in available capital resources from entrepreneurs and their friends and family, but we have no reason to believe they have changed radically over the past few years.

SBIR 120

SBIR Startup New York City Angel Investor 120

ReadWriteStart

APRIL 13, 2012

What entrepreneur hasn't dreamed that our startup will experience the same magical beginnings as Google ? In 1998, before they even incorporated, Google founders Sergey Brin and Larry Page were trying to present their concept to early-stage, or "angel" investors, with limited success.

Angel Investor 128

Angel Investor Syndicate Syndication Exit Strategy 128

Berkonomics

SEPTEMBER 3, 2015

We are pleased to host Basil Peters, perhaps the best known name in the world of early stage company exits. His groundbreaking book, “Early Exits” has become a textbook for angel groups and entrepreneurs throughout the world. By Basil Peters.

Angel Groups 48

Angel Groups Early Stage Stock Hosting 48

Austin Startup

OCTOBER 10, 2017

For example, Naya Ventures is an early-stage VC focused mainly on US and India-based companies, with a $50m fund and reportedly working on the next. further serves to prevent promising early-stage firms and scrappy boot-strapped ventures from getting the full love and attention they may deserve.

Dallas 60

Dallas Austin Texas Cofounder 60

Tim Keane

JANUARY 12, 2010

Please see later version of this post on May 16, 2010 Entrepreneurs are often not experts in the area of term-sheet negotiations and all of the surrounding issues.   Investors sometimes “present” the terms they’d like and expect the entrepreneurs to react. Term-sheets and Valuations: Thinking about Negotiations.

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

Professor VC

JANUARY 17, 2008

I think the title of this post is a TV show, but fitting as there has been much debate in the venture community as to the whether angel investors are good or bad for entrepreneurs and VCs. What would the VC corollary to Touched by an Angel, be. One group charges entrepreneurs "an administrative fee" to present to the group.

Pre-Money Valuation 28

Pre-Money Valuation Angel Investor Angel Groups Valuation 28