View from Seed

JANUARY 13, 2021

What has happened is that over the last 10 years, the vast majority of successful startups have raised some sort of a seed round prior to a series A. In turn, some funds have a more friendly posture towards us and try to structure deals that incentive syndicate investors in a way that doesn’t massively disadvantage the seed investors.

Dilution 399

Dilution Later Stage Portfolio Technical Review 399

Agile VC

JULY 11, 2012

AGILEVC My idle thoughts on tech startups. Merrill, Pickard, Anderson & Eyre [Silicon Valley] –> Itself an outgrowth of the venture investing arm of the original Bank of America (based in SF), Merrill Pickard backed many startups that ultimately went public. How to Evaluate Firms for a Seed VC. July 11, 2012.

Silicon Valley 240

Silicon Valley Carried Interest Cofounder Boston 240

Professor VC

JULY 25, 2013

Startup outcomes tend to be very binary. Another area where I''m not sure I stand is with some of the more formal referral and syndication programs that are emerging now. AngelList (which I remain a big fan) also recently launched a syndicate program. If it is contingent, then this could provide some perverse incentives.

Term Sheet 46

Term Sheet Silicon Valley Syndicate Syndication 46

This is going to be BIG.

FEBRUARY 25, 2019

Crowd investing platforms allow anyone to be an investor even if they’ve never even interacted with the team—so you could have made two dozen investments and still have very little firsthand knowledge of what life is like at a startup or what early stage founders go through. — Charlie O'Donnell (@ceonyc) February 21, 2019.

Syndicate 102

Syndicate Syndication Angel Investor Cap Table 102