Reid Hoffman

JULY 27, 2021

Greylock Partners · Reid Hoffman | Philosopher Versus MBA. If they don’t have the right skills or resources, they’ll pick them up along the way by hiring someone, partnering with someone, or just learning it themselves. I think a lot of entrepreneurs don’t fully understand how venture capital works.

Silicon Valley 69

Silicon Valley Venture Capital Balance Sheet Cofounder 69

Reid Hoffman

JULY 27, 2021

Greylock Partners · Reid Hoffman | Philosopher Versus MBA. If they don’t have the right skills or resources, they’ll pick them up along the way by hiring someone, partnering with someone, or just learning it themselves. I think a lot of entrepreneurs don’t fully understand how venture capital works.

Silicon Valley 69

Silicon Valley Venture Capital Balance Sheet Cofounder 69

Up and Running

SEPTEMBER 10, 2014

According to the Angel Capital Association: Angels (private money) invest in 55,000 startups each year versus 1,500 companies by VC (venture capital) funding. Financial Model and Balance Sheet (even if there are zeros across the board). Not coincidentally, most venture funded companies will also fail.

Angel Investor 159

Angel Investor Technical Review Software Review Accredited Investor 159

VC Cafe

FEBRUARY 11, 2020

According to the 2019 Annual European Venture Report by PitchBook , European startups raised €32.4 Corporate venture capital (CVC) represented 45% of the total capital raised. The fund is done in partnership with several top tier venture capital funds including Accel, A16Z, KPCB, Spark Capital and others.

Balance Sheet 201

Balance Sheet Startup IPO Venture Capital 201

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.

Stock 305

Stock Technical Review Marketing Greece 305

YoungUpstarts

JANUARY 21, 2014

And finally, in Darwinian fashion, competition for market share amongst the venture capitalists as a result of increased numbers of angel investment syndicates will clear the decks of the low-value add venture capital dollars. It is the assets not listed on balance sheets that can often drive the biggest growth.

Entrepreneur 210

Entrepreneur Startup Balance Sheet Non-Compete 210

Eric Friedman

AUGUST 18, 2021

I lovingly call him the curmudgeon of fintech – in this episode we go deep into how he is building a venture capital firm and practice, not just running a fund and how he views the world of fintech investing. Today, we are lucky to welcome Dan Kimerling of Deciens Capital. Venture Capital is not a complicated business.

Silicon Valley 88

Silicon Valley Venture Capital Cofounder Africa 88

Steve Blank

MARCH 31, 2014

As the venture capital business has come roaring back in the last 5 years, startups are awash in available capital. As Harvard professor Clayton Christensen noted, these efficiency metrics provided wise guidance for times when capital was scarce and raising money was hard.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

Both Sides of the Table

AUGUST 25, 2015

Last night I wrote a post about how the fall in the stock market over a 3-day period may affect the venture capital markets. Let me give you the quick summary of what I said yesterday: Public markets affect venture funding. If you’re an entrepreneur or VC who wants somebody else’s view on that you should read it.

Balance Sheet 150

Balance Sheet Valuation Burn Rate Stock 150

Up and Running

FEBRUARY 8, 2016

They also had greater and more rapid increases in valuation at successive rounds of venture capital funding. For example, have them explain the principles of the balance sheet or the difference and usefulness between accrual basis and cash basis accounting. Mistake #2: Choosing a business partner for comfort.

Entrepreneur 60

Entrepreneur Software Review Balance Sheet Partner 60

Steve Blank

JULY 28, 2011

The combination of Venture Capital and technology entrepreneurship is one of the great business inventions of the last 50 years. Or they may decide to cross the Rubicon and try to get funded as a startup (with strategic partners, investors, or NSF programs for small businesses). Yet this system isn’t perfect.

Engineer 278

Engineer Silicon Valley United States Intellectual Property 278

Both Sides of the Table

JUNE 17, 2017

If you don’t have a strong balance sheet and can’t hire more people that’s fine — but understand this may lead to slower growth. Venture capital isn’t right for many business but if you do want to raise from a VC at some point you need to understand that often investors care more about growth than profits.

Stock Options 227

Stock Options Startup Dilution Venture Capital 227

Steve Blank

JUNE 1, 2011

The combination of Venture Capital and technology startups is only about 50 years old. Rather than invent a new form of corporate governance, venture investors adopted the traditional board meeting structure from large corporations. Silicon Valley, New York). Here’s how. Because We’ve Always Done It This Way. The Wrong Metrics.

Silicon Valley 290

Silicon Valley Business Model Venture Capital Balance Sheet 290

crowdSPRING Blog

FEBRUARY 14, 2019

Find partners or investors. There are three key financial documents of any business that go here: an income statement, a balance sheet, and a cash flow statement. Find partners or investors. One of the biggest challenges for every new business is saving enough capital to sustain and grow the business. Partnerships.

Angel Investor 85

Angel Investor Small Business Business Plan Intellectual Property 85

Up and Running

MAY 30, 2022

This includes financial statements such as your profit and loss, cash flow, balance sheet, and sales forecast. Investors, partners, and creditors will want to see that you’ve put in the time and effort before offering their support. Which can lead to more funding down the road from both venture capitals and banks alike.

Business Plan 150

Business Plan Balance Sheet Revenue Metrics 150

Steve Blank

JUNE 1, 2011

The combination of Venture Capital and technology startups is only about 50 years old. Rather than invent a new form of corporate governance, venture investors adopted the traditional board meeting structure from large corporations. Silicon Valley, New York). Here’s how. Because We’ve Always Done It This Way. The Wrong Metrics.

Silicon Valley 258

Silicon Valley Business Model Venture Capital Balance Sheet 258

ReadWriteStart

JULY 15, 2020

Venture capitalists and early-stage investors have told all of us, founders are critical to a startup’s valuation. As a unicorn approaches an exit, the balance sheet needs to make sense. These investors also tell you the founder’s role cuts both ways. Whether we believe a company is moral, or not, actually matters.

Valuation 91

Valuation South Carolina San Jose Balance Sheet 91

David Teten

JUNE 1, 2011

I enjoyed participating in last week’s Capital Roundtable Private Equity Masterclass on “ Best Practices for Sourcing Quality Deal Flow & Developing New Business ” (May 26 th , 2011). High Road Capital Partners Deal Sourcing Keynote. Fitzsimmons, High Road Capital Partners. Social media.

Private Equity 122

Private Equity Deal Flow Equity Developer 122

David Teten

NOVEMBER 17, 2011

While working on my most recent startup, Navon Partners , we were fortunate to have Raul Trevino , a star former Citi investment banker and Columbia MBA, interning with us. We had a simple balance sheet by financing round model in our earlier master template financial model , but this model is more suitable for use in employment negotiations.

Employee 155

Employee IRR Startup Mexico 155

BeyondVC

MAY 16, 2012

Eliot Durbin (my partner at BOLDstart Ventures) and I had a long discussion this morning in preparation for his panel today about IP and patents. In addition when defending patents you will inevitably fight with the big boys with billion dollar balance sheets so that is not a place to spend your time and money.

Intellectual Property 119

Intellectual Property IP Balance Sheet Startup 119

BeyondVC

MAY 16, 2012

Eliot Durbin (my partner at BOLDstart Ventures) and I had a long discussion this morning in preparation for his panel today about IP and patents. In addition when defending patents you will inevitably fight with the big boys with billion dollar balance sheets so that is not a place to spend your time and money.

Intellectual Property 119

Intellectual Property IP Balance Sheet Startup 119

Steve Blank

MAY 29, 2019

Other classes were on how to prep for VC pitches or develop the five year income statements, balance sheets and cash flows or read case studies. So, if you think about how a large company can innovate, they could build, they could buy, they could partner, they could license. They’ve become outward-facing universities.

Incubator 331

Incubator Lean Programming Government 331

Professor VC

JANUARY 20, 2009

The Most Important Venture Capital Statistic. We decided to raise some venture debt as an insurance policy and extend our cash runway. million from Lighthouse Capital Partners , which ultimately became critical to our balance sheet and they turned out to be a great partner as we worked through the equity financing process.

Venture Capital 28

Venture Capital Silicon Valley San Jose Bootstrapping 28

ReadWriteStart

AUGUST 1, 2011

The combination of venture capital and technology entrepreneurship is one of the great business inventions of the last 50 years. Or they may decide to try to get funded as a startup (with strategic partners, investors, or NSF programs for small businesses). Yet this system isn't perfect. Discuss.

Silicon Valley 118

Silicon Valley Intellectual Property Balance Sheet Lean 118

Growthink Blog

MARCH 21, 2018

The right win-win economic structures for employees and partners - think Goldman Sachs with its “golden handcuffs” compensation system, Uber and Lyft with their driver programs, and AirBnB with its rental hosts. With your balance sheet? Are you able to decide upon and commit quickly to important courses of business action?

Balance Sheet 48

Balance Sheet Acquisition Hosting Campaign 48

YoungUpstarts

DECEMBER 15, 2011

Salaries are one item on a company’s balance sheet that catches the attention of some investors. In light of this reality, many investors explore a wide range of opportunities rather than placing all of their capital on a few companies. The best predictor of a startup’s success is how much the CEO is paid.

Exit Strategy 167

Exit Strategy Balance Sheet Salary Startup 167

Both Sides of the Table

SEPTEMBER 8, 2009

I came across this blog post about getting a computer science degree as the best degree for getting into venture capital or working at a VC-backed start up. I just completed an exercise where I went out to hire a new associate for my VC firm, GRP Partners. I had to laugh a bit reading it. Okay, now you can shoot me.

NPV 337

NPV Chicago Balance Sheet Database 337

Up and Running

MARCH 11, 2015

It’s to highlight some of the key parts of your opportunity and what makes it so amazing that whoever it is that you’re talking to, whether it’s a bank, or an investor, or a family member, or a potential business partner, that they are on the edge of their seat and they ask for your full plan, and they want to know more.

Technical Review 60

Technical Review Software Review Due Diligence Exit Strategy 60

Growthink Blog

MARCH 14, 2018

I have been blessed in my business life with very hard-working partners, employees, clients, vendors and suppliers. With your balance sheet? It all starts with just going to work every day , and doing so with enthusiasm, optimism, pride, and a striving toward excellence. Does Your Business Have REAL Competitive Advantage?

Balance Sheet 48

Balance Sheet Jordan Non-Compete Aggregator 48

ReadWriteStart

JUNE 13, 2011

The combination of Venture Capital and technology startups is only about 50 years old. Rather than invent a new form of corporate governance, venture investors adopted the traditional board meeting structure from large corporations. Because We've Always Done It This Way. It's their fiduciary responsibility.

Silicon Valley 117

Silicon Valley Balance Sheet Metrics Early Stage 117

Austin Startup

OCTOBER 4, 2017

In this way you don’t have to worry about valuation until the professional money comes in, and they expect this kind of note will be on your balance sheet already. A good VC partner like Sputnik ATX (honk, honk) will help you fundraise also. Don’t blow it all now.

Dilution 59

Dilution Valuation Equity Balance Sheet 59

Altgate

MARCH 8, 2009

I say ecosystem as opposed to industry because it is not just the VC funds themselves that are imploding, instead the collapse includes entrepreneurs and startups that were funded by VCs, angel investors, service providers like lawyers, bankers and accountants as well as limited partner investors in VC funds. So what to do?

Later Stage 34

Later Stage Early Stage Venture Capital Portfolio 34

Austin Startup

SEPTEMBER 9, 2018

the press, current and potential consultants, potential employees (to be clear, all current employees are in the arena with you), current and potential clients, current and potential partners, current and potential investors, etc. you can read more about our capital efficiency as a private company in this Lucky7 post ).

Advisory Board 48

Advisory Board Balance Sheet Stock Options Email 48

The Startup Lawyer

JANUARY 6, 2011

Founder and Partner at AOL Ventures , a few weeks ago. He graciously obliged and the following Q&A about AOL Ventures and “Corporate VC&# is an excerpt from that conversation/interview: Give us the background on your fund and what you guys are up to ? I had the chance to chat with Mike Brown Jr.,

Early Stage 58

Early Stage LP Later Stage Balance Sheet 58

BeyondVC

OCTOBER 31, 2005

What is the company’s market cap and how much cash is on their balance sheet? Use your network to talk to some of the management or venture investors of companies that were recently acquired by the buyer to determine what their process was and to figure out if the opportunity is real or just a fishing expedition.

Balance Sheet 87

Balance Sheet Acquisition Valuation Conversion 87

BeyondVC

DECEMBER 23, 2003

The ultimate way to create value is to have a real business with real cash flow and a strong balance sheet where you can show your potential acquirer that you do not need any other sources of funding besides self-sustaining growth. What we will not do is invest for the sole purpose of having a company acquired.

Exit Strategy 68

Exit Strategy Balance Sheet IPO Valuation 68

www.theverge.com

JUNE 20, 2012

A string quartet played a medley of pop radio hits as several hundreds startup founders, Goldman Sachs bankers, and venture capital investors, chatted over drinks inside a gleaming neon temple of Angel Orensanz in lower Manhattan. After Facebooks IPO flub, value of tech startups falls back to earth. By Ben Popper 06.19.2012.

IPO 48

IPO Stock Switzerland Valuation 48