View from Seed

AUGUST 17, 2021

I can tell a story looking backwards why our LP base was carefully constructed. But in a lot of ways, the things that made magic happen between ourselves and our LPs was driven by timing, luck, chemistry, and other factors that were hard to predict at the time. But then again, this is what skeptics have been predicting for 10+ years.

IRR 156

IRR Dilution Founder Portfolio 156

David Teten

NOVEMBER 23, 2020

I was previously a Partner at two different VC firms, neither of which had any contractual LP mandate to invest in diverse companies. My research has found that Revenue-Based VCs are disproportionately investing in women & underrepresented founders, despite not having (in most cases) any LP mandate to do so.

Venture Capital 60

Venture Capital Partner Technical Review Cofounder 60

View from Seed

AUGUST 17, 2021

I can tell a story looking backwards why our LP base was carefully constructed. But in a lot of ways, the things that made magic happen between ourselves and our LPs was driven by timing, luck, chemistry, and other factors that were hard to predict at the time. But then again, this is what skeptics have been predicting for 10+ years.

IRR 136

IRR Dilution Founder Portfolio 136

Version One Ventures

SEPTEMBER 12, 2017

And most importantly, most companies cannot and should not do an ICO as their business model is not decentralized and hence their token has no utility value, Yet, with all that said, I still believe that this wave of decentralized platforms will be the biggest disruptor to hit the VC industry over the next decade. Here’s why: 1.

Venture Capital 164

Venture Capital LP Dilution Limited Partner 164

David Teten

AUGUST 15, 2013

Some corporations emulate this model by creating their own wholly-owned VC entities, typically with one LP: the corporate balance sheet. The companies will have access to GE mentors and “will offer a virtual commercial laboratory” that provides innovative business models and partnership opportunities.

Startup 114

Startup Technical Support Venture Capital Balance Sheet 114

David Teten

JANUARY 19, 2021

Marco Cesare Solinas , VC Analyst with Blue Future Partners , said, “ From the LP perspective, another disadvantage is the lack of track record given the early stage of the concept. Typical business stage. An already proven business model and its already valuable assets. Typical business model. Venture Debt.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Both Sides of the Table

JUNE 29, 2011

The LP Community Hasn’t Yet Caught Up. As I’ve started to get to know the other side of the VC industry lately (the people who invest in VC funds or “LPs&# ) one thing has occurred to me. My best guess is that new LP funds will be set up in the future to service Micro VCs. I think some will do this.

Venture Capital 296

Venture Capital Software LP Early Stage 296

Campus Entrepreneurship

MAY 26, 2012

Participants included, Mark Walsh CEO of Genius Rocket, Mike Lincoln of Cooley LP, Ashish Jaiman of Microsoft, and Edmund Pendleton from MTECH at the University of Maryland. 3) New business models and monetization approaches – new and proven business models and monetization opportunities.

Arlington 40

Arlington Maryland LP DC 40

Both Sides of the Table

FEBRUARY 6, 2019

Others believe that new business models are emerging that could replace venture capital all together. I’ve heard a lot of people question whether there is too much money in venture capital chasing too few great deals. We’re in a new tech bubble!” some have pronounced. Valuations are out of control” is the mantra of others.

Venture Capital 292

Venture Capital IPO Mezzanine Early Stage 292

K9 Ventures

OCTOBER 15, 2020

I believe that TV media and social media have broken business models that lead to the propagation of biased and misleading information in self-reinforcing echo chambers. This brings the 2020 K9 LP meeting to a close. I believe in free speech, facts, and truth. And I will be voting for Joe Biden and Kamala Harris.

United States 159

United States LP Founder Social Media 159

Version One Ventures

OCTOBER 17, 2018

But a thesis centered around network effects isn’t static – and isn’t limited to any particular sector, business model, or platform. And last but not least, we thank our investors, the LPs. This has been our core thesis in prior funds and led us to invest in marketplace, AI/ML and SaaS companies.

Silicon Valley 127

Silicon Valley North America San Francisco LP 127

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?

Early Stage 60

Early Stage Technical Review Software Review Venture Capital 60

BeyondVC

JUNE 29, 2005

Every year the Dow Jones Private Equity Analyst puts together a show where fund managers can listen to what the LP community is interested in and where they plan on allocating their dollars. In the early morning, a show of hands revealed about a 20% LP audience and 80% fund manager group.

LP 60

LP Private Equity Due Diligence Venture Capital 60

Both Sides of the Table

MARCH 3, 2013

In a discussion I had with Fred Wilson at the Invesco LP meeting Fred said the same about the influence of Clayton. But while universities are developing online content they are not fundamentally disrupting leaning because the method of delivery is not a new business model. “Online education is truly going to kill us.”

Bankruptcy 403

Bankruptcy Offshore Liquidation Preference Balance Sheet 403

This is going to be BIG.

JANUARY 9, 2012

Instead, they’re kicking up a notch the kind of mentality that the record industry had when it was suing its own customers instead of coming up with innovative new business models. Back to Senators Schumer and Gillibrand. Senator Schumer spoke at Internet Week in 2011. It’s an embarrassment, frankly, to our tech community.

IP 131

IP New York LP Internet 131

The Equity Kicker

JULY 8, 2019

That can only mean that VCs will continue to find ways to add more value to their capital and that more and more fund managers will adopt the Applied Venture model. Business model. The GP-LP structure used by most funds is a brake on innovation here too. And what’s holding it back?

Portfolio 84

Portfolio LP Venture Capital Partner 84

Agile VC

JULY 19, 2012

Back in the 2000-2001 timeframe, a flood of LP capital was coming into the VC asset class given the strong returns of the mid-late 90s tech boom/bubble. 2) Be Willing to to Experiment – I described the risks of strategy drift in Part 1 , but often great VCs still display a willingness to experiment in their business model.

Cofounder 193

Cofounder Limited Partner Early Stage LP 193

VC Cafe

JULY 6, 2010

Can ‘related content’ work as business model? Ziegler Meditech Equity Partners, LP Buyer Funds: 7.97. Ziegler Meditech Equity Partners, LP Buyer Funds: 3. The company has raised $1.1 million till date. Carmel Ventures; Maayan Technology Ventures Ltd. TASE:MAYN); Vertex Venture Capital 7.2. Pontifax Ltd.;

Private Equity 98

Private Equity Venture Capital Equity 98

VC Cafe

JULY 6, 2010

Can ‘related content’ work as business model? Ziegler Meditech Equity Partners, LP Buyer Funds: 7.97. Ziegler Meditech Equity Partners, LP Buyer Funds: 3. The company has raised $1.1 million till date. Carmel Ventures; Maayan Technology Ventures Ltd. TASE:MAYN); Vertex Venture Capital 7.2. Pontifax Ltd.;

Private Equity 98

Private Equity Venture Capital Equity 98

Bryce Dot VC

FEBRUARY 9, 2016

Prior to our retreat, I attended the VC/LP day of the Upfront Summit. It was a great event, well executed and packed with some of the brightest minds from both sides of the VC business. Given the audience, it was a day filled with panels and speakers entirely focused on the business of raising and deploying money.

Los Angeles 40

Los Angeles LP Bootstrapping Revenue 40

Professor VC

NOVEMBER 19, 2009

I attended the annual LP meeting for a venture capital firm this week and got into a discussion about the above question. I take CFO roles in early stage companies and participate on the management team during the early financings and business model development phases. ProfessorVC. The last blogger in Silicon Valley.

San Jose 43

San Jose Silicon Valley Las Vegas Venture Capital 43

Professor VC

DECEMBER 8, 2015

one company running out of cash and another with cash but searching for a business model). Luckily, Google was one of the 150 and did ultimately return the fund assuming the LP was smart enough to hold the stock after distribution. But what about the case where both companies are well capitalized and doing well?

Merger 28

Merger LP IPO Redemption 28

David Teten

AUGUST 21, 2019

Focus on lower-risk business models; no requirement for a ‘swing for the fences’ model. not because of LP objections or moral concerns, but because the pool of potential M&A buyers is greatly limited. This is similar to the incentives of a traditional equity VC, but unlike traditional lenders.

Revenue 60

Revenue Liquidation Preference Equity Cofounder 60

Professor VC

SEPTEMBER 24, 2009

always focus on the business model and assumptions, but there are too many unknowns to put much faith in the future cash flow projections. I was a limited partner in Angel Investors, LP, Ron Conways fund in the late 1990s. Ive never heard of a VC running Monte Carlo simulations on possible outcomes.

San Jose 33

San Jose Angel Investor Venture Capital Mezzanine 33