This is going to be BIG.

DECEMBER 3, 2020

The partner at the fund, the VC, gets to do the fun part—the meeting with founders, vetting deals, negotiating, helping, etc. Having a better overall portfolio of venture capital by adding funds into the mix. In fact, that number is probably even more than the average VC fund has the bandwidth to make. So what’s the point?

Portfolio 134

Portfolio Syndicate Syndication Deal Flow 134

David Teten

JANUARY 11, 2020

We market to four populations: High-potential founders. High-potential prospective employees of portfolio companies. Executives of large companies which may acquire or become clients of our portfolio companies. I don’t have bandwidth to engage in substantial conversations on Twitter. . Hootsuite. Crunchbase.

Social Media 60

Social Media Technical Review Media Private Equity 60

Austin Startup

AUGUST 1, 2017

This is most clearly highlighted in the “unicorn” boom we all saw over the past few years, where founders raised very large rounds, with terms very onerous to the underlying common stock, hoping they could eventually justify billion dollar valuations to skeptical acquirers or public market investors.

Liquidation Preference 48

Liquidation Preference Common Stock Valuation Silicon Valley 48

Both Sides of the Table

APRIL 3, 2010

Bandwidth and hosting charges were expensive. You were a VP at a company that sold for $200 million making the founder very wealthy. That founder wasn’t one of your angels. Their entrepreneurs are evangelical about how great it is to be part of True’s portfolio. is now a VC. Signal, signal, signal.

Venture Capital 265

Venture Capital Term Sheet Early Stage Silicon Valley 265