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10 Reflections After 10 Years of NextView

View from Seed

One industry specific example is the strange fascination among some LPs and GPs around term IRR. Even though everyone knows that VC funds take 10+ years to come to fruition, one often can’t help but benchmark themselves based on IRR in the early days. But I think the generic advice that competition doesn’t matter isn’t true.

IRR 205
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10 Reflections After 10 Years of NextView

View from Seed

One industry specific example is the strange fascination among some LPs and GPs around term IRR. Even though everyone knows that VC funds take 10+ years to come to fruition, one often can’t help but benchmark themselves based on IRR in the early days. But I think the generic advice that competition doesn’t matter isn’t true.

IRR 156
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article thumbnail

10 Reflections After 10 Years of NextView

View from Seed

One industry specific example is the strange fascination among some LPs and GPs around term IRR. Even though everyone knows that VC funds take 10+ years to come to fruition, one often can’t help but benchmark themselves based on IRR in the early days. But I think the generic advice that competition doesn’t matter isn’t true.

IRR 136
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Why Companies are Not Startups

Steve Blank

In the last few years we’ve recognized that a startup is not a smaller version of a large company. We’re now learning that companies are not larger versions of startups. But paradoxically, in spite of all their seemingly endless resources, innovation inside of an existing company is much harder than inside a startup.

IRR 335
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Helping startups hit a home run, VC Style

David Teten

Great thanks to my coauthors on the research, Adham AbdelFattah (CEO of CircleVibe and consultant on leave from McKinsey & Company in NY); Koen Bremer (consultant with the Boston Consulting Group in Amsterdam, Holland); and Gyorgy Buslig (consultant with McKinsey & Co. What are some other ways that VCs can help their startups?

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Pioneering Women in Venture Capital: Kathryn Gould

Steve Blank

When I was where you are, 36 years ago (can ya believe it) I didn’t have a plan—but I did have an aspiration: I wanted to go to Silicon Valley and I wanted to work in startups. But they weren’t really in Silicon Valley at the time—they were in Boston, Minneapolis, New York. Eventually I left Oracle, wanting to do another startup.

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Paul Graham and The World Out There

This is going to be BIG.

My total valuation multiple across that span is nearly 4x and the return rate is up over 110% IRR. All of the companies but one were funded in NYC, with the other in Boston. Let''s invite all the important venture and startup people people we know of--and don''t forget to throw in a few women, too.". That''s 25%.