Both Sides of the Table

MAY 23, 2012

Many observers of the venture capital industry have questioned whether its best days are behind it. Looking ahead at the next decade I am excited by what I believe will be viewed as one of the best and most rational investment periods for venture capital due to seven discrete factors: 1. The Funding Problem.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

David Teten

JANUARY 19, 2021

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. His work on VC and small communities can be found at greatercolorado.vc/blog. We detail below the major categories of VC: VENTURE CAPITAL TYPOLOGY. Andressen Horowitz,ff Venture Capital,HOF Capital, Sequoia .

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Feld Thoughts

JULY 28, 2014

On paper, only one is in positive return territory as a fund, but the SBIC leverage is a substantial negative factor for the LP investors in that particular fund. And, in the other two, I don’t expect to ever see any of my capital back because of the SBIC leverage.

SBIC 142

SBIC Venture Capital Colorado SBA 142

David Teten

AUGUST 15, 2013

The most common ways in which the Fortune 500 are working with the startup community at scale is through corporate VC arms, contests, packages of benefits geared to startups, and accelerator programs. I worked with our intern team to look for the Fortune 500 companies making the strongest effort to reach out to the tech startup community.

Startup 114

Startup Technical Support Venture Capital Balance Sheet 114

This is going to be BIG.

FEBRUARY 23, 2016

You run X amount of capital and Y percentage of that is allocated to venture capital. Rather than see LP interactions as a chore or a burden, new fund managers should see this as an opportunity to extend the community around their fund. If you're an institution, you basically care about returns and that's it.

Limited Partner 60

Limited Partner Venture Capital Partner LP 60

Austin Startup

AUGUST 10, 2017

We were roommates at the time and launched two different companies out of a kind-of dumpy apartment: We both went on to raise millions in venture capital and build meaningful businesses in interesting spaces. has about ~40 employees and has raised $9M in venture capital. But we never lost the finance bug. Factom, Inc.

Technical Review 48

Technical Review Cofounder Technical Cofounder Austin 48

Both Sides of the Table

MAY 24, 2021

All four companies were in Los Angeles (or adjacent … Santa Barbara) and our community has now matured and regularly produces billion dollar+ outcomes. But in the LP world there is an obsession with “top quartile” benchmarking in the near term, which drives skewed incentives for newer VCs to show quick returns.

Venture Capital 363

Venture Capital LP Valuation Later Stage 363

David Teten

SEPTEMBER 2, 2017

It’s hard enough to get a job at a venture capital or private equity firm; it’s even more complex to join as a Partner. These are many of the steps I went through when I joined HOF Capital. These are many of the steps I went through when I joined HOF Capital. Good luck in finding your dream opportunity!

Private Equity 60

Private Equity Venture Capital Equity Partner 60

Version One Ventures

OCTOBER 17, 2018

As competitive as venture capital often seems, we are incredibly humbled by the amount of support and love we have gotten over the years from our community. And last but not least, we thank our investors, the LPs.

Silicon Valley 127

Silicon Valley North America San Francisco LP 127

This is going to be BIG.

DECEMBER 3, 2020

Having a better overall portfolio of venture capital by adding funds into the mix. This is above and beyond whatever events and educational opportunities the fund provides for its community, which could also be very useful. Access to other investors. That’s why it might be worth not just being in one fund, but in several.

Portfolio 134

Portfolio Syndicate Syndication Deal Flow 134

Both Sides of the Table

APRIL 10, 2016

My partner Greg Bettinelli (worth following on Twitter) was recently named by The LA Business Journal as the “ Top deal maker in Los Angeles in Venture Capital.” He’s pushed us to be out in the community more. He’s proved much more efficient that I ever was at tracking the activities of the community.

Los Angeles 150

Los Angeles Early Stage LP Partner 150

David Teten

DECEMBER 3, 2019

Private equity and venture capital investors are copying our sisters in the hedge fund world: we’re trying to automate more of our job. . To learn more about this space, I suggest join an online community I co-founded, PEVCTech. . (To see the video above, please click the image, and then click on the Play button.).

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

This is going to be BIG.

SEPTEMBER 19, 2012

I've been extremely fortunate to work at two of the best venture capital firms in the country--Union Square Ventures and First Round Capital. That's what led me to open up an office in Brooklyn--where half of the people in the New York City startup community call home.

LP 112

LP New York City New York Chad 112

David Teten

JANUARY 21, 2021

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. His work on VC and small communities can be found at greatercolorado.vc/blog. V: Should you raise venture capital from a traditional equity VC or a Revenue-Based Investing VC? II: Who are the major Revenue-Based Investing VCs?

Equity 78

Equity Revenue Cofounder Colorado 78

BeyondVC

JUNE 29, 2005

I am not sure how many entrepreneurs understand the structure of venture capital funds but the bottom line is that while VCs manage funds, we ultimately report to our investors or Limited Partners (LPs). 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

Austin Startup

DECEMBER 12, 2017

Cindy Revol, Joe Beard and Anurag Jain from Perot Jain, LP We received a warm welcome from Trey Bowles when we first came to Dallas and there have been many others who have opened their arms to us since. We are glad that Capital Factory is in Dallas and thrilled to see that they are also community builders who grow through collaboration.”

Dallas 48

Dallas San Antonio Houston Texas 48

Both Sides of the Table

JUNE 29, 2011

Yesterday I wrote Part 1 of the series on the changes to the software industry over the past decade that has led to changes in the venture capital industry itself. The LP Community Hasn’t Yet Caught Up. My best guess is that new LP funds will be set up in the future to service Micro VCs.

Venture Capital 296

Venture Capital Software LP Early Stage 296

The Equity Kicker

JULY 8, 2019

When I started in venture capital in the late 1990s VCs were regularly lambasted for taking long summer holidays and spending too much time on the golf course. The GP-LP structure used by most funds is a brake on innovation here too. Low handicaps weren’t good! During this time, cash was scarce and VCs were firmly in control.

Portfolio 84

Portfolio LP Venture Capital Partner 84

Both Sides of the Table

NOVEMBER 15, 2014

Of course this can be done and of course I am a big proponent of the rise of startup centers across the country as the Internet has moved from the “infrastructure phase” to the “application phase” dominated by the three C’s: content, communications and commerce. So what can a community do?

Community 369

Community Silicon Valley Chicago Boston 369

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've learned more in the three months working with a real-life entrepreneur on a new venture than in all 5 years of Community College and my BA. The Most Important Venture Capital Statistic.

San Jose 43

San Jose Silicon Valley Las Vegas Venture Capital 43

thebarefootvc

MARCH 8, 2012

I remember writing a blog post in 2008, post-financial crash, on how the recession was going to re-vitalize the city’s tech startup community, which would eventually help diversify the NYC economy. Talent and domain expertise in NYC’s large industries such as financial services and media, would free up.

Silicon Valley 69

Silicon Valley Ghana Venture Capital India 69

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. However, 87% of our respondents don’t actively participate in any such community.

Early Stage 60

Early Stage Technical Review Software Review Venture Capital 60

David Teten

JULY 12, 2017

First, a formal definition: According to Capital Dynamics , “Co-investments are direct investments in a company made alongside and on the same terms as a lead [General Partner]. These all help to maintain the firms’ brand awareness, and I get a lot of useful market insight from these conversations.

Syndicate 60

Syndicate Syndication Institutional Investors LP 60

This is going to be BIG.

JANUARY 9, 2012

It’s been a pretty popular move for New York area politicians to jump on the bandwagon of the emergence of New York tech growth—a phenomenon they largely had nothing to do with—and say they’re supportive of the community. It’s an embarrassment, frankly, to our tech community.

IP 131

IP New York LP Internet 131

Both Sides of the Table

JUNE 8, 2014

I just returned from 3 days in Cincinnati including attending the annual meeting of one of Upfront’s LPs – Cintrifuse. I have never been more optimistic about the impact that the tech startup community is having on cities in America or about the role that cities outside of San Francisco / Silicon Valley can play in our future.

Silicon Valley 390

Silicon Valley Kansas City Startup Venture Capital 390

Rob Go

DECEMBER 13, 2016

” Surprisingly, this isn’t just an LP kind of question, I actually get this a lot from founders or even just friends who are not directly involved in the startup community. One question I get surprisingly often is “how do you find companies to invest in?”

Deal Flow 28

Deal Flow LP Channel Software 28

Hunter Walker

MAY 7, 2015

Last week Homebrew held its second annual LP meeting, coinciding with our second anniversary as a fund. Bringing New LPs Up to Speed: Since we raised our second fund earlier this year, you can think of this as our first board meeting with our new investors.

LP 48

LP Advisory Board Harvest Seed Stage 48

This is going to be BIG.

NOVEMBER 16, 2015

I was working for the GM pension fund, an institutional LP, as an analyst, doing a research project on consumer private equity and venture capital investing. After getting to know Ben from the tech community, he pitched me his concept for a CPG food company. At least, I thought it was.

Venture Capital 60

Venture Capital Cofounder Syndicate Syndication 60

David Teten

JUNE 1, 2011

Riverside defines proprietary as any sale less than ~3 buyers involved Kinderhook looks for the “broken” auctions that didn’t get the right attention of the PE community. Prestegaard, High Road Capital Parnters. Zubin Avari, Charter Oak Equity LP Christopher A. Kins, Cook M&A Advisory Services Matthew S.

Private Equity 122

Private Equity Deal Flow Equity Developer 122

abovethecrowd.com

APRIL 20, 2016

While not obvious on the surface, there has been a fundamental sea-change in the investment community that has made the incremental Unicorn investment a substantially more dangerous and complicated practice. About this same point in time, the journalists that focus specifically on the venture capital industry noted something quite profound.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

Austin Startup

JUNE 26, 2019

Last Friday, June 21st I sent the following message out to our community of users, colleagues, friends and supporters. Trouble is, the childcare industry is based heavily on human capital that is already underpaid. Do you want someone already making $12–17/hour watching your kid to make less (so a LP can make their returns…)?

Silicon Valley 54

Silicon Valley Startup B2C Sweat Equity 54

The Equity Kicker

OCTOBER 13, 2016

The European Investment Fund (EIF) is an EU institution that exists to stimulate the startup ecosystem by investing in venture capital funds. They have made a huge contribution to the UK scene, backing 37% of UK based venture funds between 2011 and 2015.

Norway 60

Norway LP Venture Capital 60

David Teten

MARCH 18, 2021

of venture capital deals. Those companies have garnered only about 2% of all capital invested. ” In venture capital, the industry- or sector-focused funds specifically disavow diversification: Andreessen Horowitz, which is a generalist as a whole, has launched dedicated funds across Crypto , Bio , and Fintech. .

Technical Review 78

Technical Review Cofounder Venture Capital Deal Flow 78

Venture Chronicles

JULY 16, 2010

Throughout my years in the venture capital business I was witness to some questionable behaviors and tactics, which in reality is par for the course in any business, but nothing could have prepared me for what I have seen in the last 2 years.

Due Diligence 28

Due Diligence Term Sheet Limited Partner LP 28

This is going to be BIG.

SEPTEMBER 7, 2012

There are a lot of people that artificially group together performance metrics for venture, and try to extrapolate successful stratagies from it. I know, because those people all used to pitch me as an institutional LP back in the day.

Later Stage 99

Later Stage Down Round Pre-Money Valuation Early Stage 99

Both Sides of the Table

JANUARY 30, 2016

I imagined that if I could run an event like this I might be able to persuade some LPs who hadn’t invested in our fund to come to Los Angeles. I knew that many LPs nationally were not yet convince about the power of the LA tech community and I figured if they could experience it for themselves they would be as convinced as I had become.

Community 150

Community Los Angeles LP Portfolio 150

Hunter Walker

SEPTEMBER 2, 2022

So a sincere hope of mine in building Frank isn’t that we’re right, it’s that we can be part of growing an ecosystem or community of folks building tools specifically for worker power (LaborTech). HW: Frank is venture backed. Look, socialists hate venture capital, and venture capitalists hate unions.

Chicago 78

Chicago Venture Capital Miami Employee 78