David Teten

JANUARY 19, 2021

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. From RBI, Flexible VCs borrow the ability to reap meaningful returns without demanding founders build for an exit. From traditional equity VC, Flexible VC borrows the option to pursue and reap the rewards of an outsized exit. Of the Inc.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Steve Blank

MARCH 31, 2014

In spite of this, private equity funds have used the rallying cry of efficiency to hijack corporate strategy and loot the profits that historically would have been reinvested into research and development and new products. If they don’t, then the management team has simply become caretakers of the founders’ legacy.

Private Equity 328

Private Equity Metrics China Intellectual Property 328

Both Sides of the Table

OCTOBER 17, 2019

It proved to be fortuitous because it allowed me the time & space I needed to get to know tons of founders and VCs and to hone my craft. Some Teams Create, Others Scale (Some do both) There is so much focus these days on founders and whether they should always remain in the CEO seat.

IP 223

IP Intellectual Property IRR Cofounder 223

David Teten

AUGUST 21, 2019

Most founders who are raising capital look first to traditional equity VCs. Revenue-Based Investing (“RBI”) is a new form of VC financing, distinct from the preferred equity structure most VCs use. For more background, see Revenue-Based Investing: A New Option for Founders who Care About Control. But should they?

Revenue 60

Revenue Liquidation Preference Equity Cofounder 60

David Teten

JANUARY 28, 2013

The good news for Techcrunch readers: Every major study conducted to date has placed angel investors’ IRR between 18 and 38 percent, as summarized by my Partner John Frankel and Professor Robert Wiltbank in prior Techcrunch articles. Every major angel study conducted to date has shown high IRR.

IRR 114

IRR Angel Investor Angel Groups Cofounder 114

David Teten

NOVEMBER 17, 2011

Such a model is particularly helpful for those founders looking for a co-founder or key employee. Since he graduated, he’s now Founder and CEO of a Latin America-focused based startup, Participa.me (“I participate”). Like me, he had the pleasure/pain of being trained as an investment banking analyst.

Employee 155

Employee IRR Startup Mexico 155

Feld Thoughts

JULY 31, 2013

Dan Caruso, the co-founder/CEO of Zayo Group , is one of them. By the time we sold to Level 3, our total proceeds to equity owners and management were $225M. of debt and $870M in equity in three rounds. Our equity IRR has averaged around 50% since inception. We paid them $8.7M and took them private.

Bandwidth 147

Bandwidth Colorado Startup IRR 147