Remove California Remove Cost Remove Limited Partner Remove Partner
article thumbnail

This Week in VC with Rick Smith of Crosscut Ventures

Both Sides of the Table

– I spoke about GRP’s recent exit of Ulta in which we returned $320 million to our limited partners. The reality is that due to competition and a desire to keep legal costs down (convertible debt deals are cheaper to implement than priced rounds) there are many deals done with convertible debt. Great exit. -

article thumbnail

To Be Successful You’ll Need to Shake Hands and Kiss Babies.

Both Sides of the Table

I was here to see one of our LPs (limited partners are the people who invest money in VC funds) called Fort Washington. They’ve been a long-term investor in our fund – GRP Partners – and it was important to me to spend time with them in their home market and meet the people with whom they deal locally. I hate crappy hotels.

Houston 364
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Texas Startup Manifesto 2.0

Austin Startup

Tens of thousands visit Austin every year for the Austin City Limits Music Festival. Are they drawn to Texas or moving away from California? Texas exported more than California and New York combined in 2019. Only California and New York have a few more, and maybe not for long. What’s bringing them here?

Texas 90
article thumbnail

Why This New York Venture Capital Firm is Investing in Canada

David Teten

The question some of our limited partners ask us is, “Why?”. For instance, for every dollar spent on an engineering team, companies can get approximately one third of the cost back via government-incentive programs. We are aware of only one other U.S. seed-focused investor with as many investments in Canada. now BlackBerry Ltd.,

article thumbnail

If I Told You I'd Have to Kill You: The Story Behind “The Secret.

Steve Blank

Their VC firm, In-Q-Tel , has been in business for 10 years, and like most VC firms they have an annual event where they show off their new portfolio companies to their limited partners and other VC partners. And I could have sworn they all had the same badge.) Look at the drug warriors and the drug cartels.

article thumbnail

Rocket Science 2: Drinking the Kool-Aid

Steve Blank

If you were a “with it” VC you needed to have a “Content&# or “Multimedia&# company in your portfolio to impress your limited partners – educational software companies, game companies, or anything that could be described as content and/or Multimedia. Not all VCs are equal.