Agile VC

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The Consumerization of Business Software ? AGILEVC

Agile VC

There’s a couple different forces I see at work: 1) Selling & Customer Acquisition - In the last 5 years, the biggest force in business software was the impact of the cloud as an infrastructure layer and product/service delivery mechanism. The lessons learned from consumer Web 2.0

Software 100
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Revenue = Product Market Fit

Agile VC

Business facing companies typically provide software or an online service for which their customers pay a fee. Potential customers’ willingness to pay will help you segment your target market (by customer size, vertical, geography, etc) more effectively than simply “researching” your market in abstract.

Revenue 234
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LinkedIn: The Series A Fundraising Story ? AGILEVC

Agile VC

I certainly bear no ill will to the various firms that ultimately passed on our fundraise… as a seed stage VC myself now I can appreciate how hard it is evaluating companies at the earliest stages of development. Mostly smartphones + restaurateurs attitude towards viewing the internet as a customer acquisition tool.

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Entrepreneurial Success & Alchemy

Agile VC

Picture this… some people that seem at the fringes of the mainstream (developers & entrepreneurial types) do some stuff that you don’t really understand (innovation & company building) and then poof the entrepreneur possesses vast riches. But we can also hopefully admit that not every startup is truly changing the world.

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Chewy S-1: Category Leadership + Conveyor Belt Into Consumers’ Homes

Agile VC

Embedded Growth From Existing Customers. One of the key features of Chewy’s business is the recurring nature of customer purchases. Chewy now has over 10 million customers, repeat purchases by existing customers account for approximately 90% of their revenue today. Annual Net Sales By Customer Cohort.

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Opportunistic & Thematic Investing ? AGILEVC

Agile VC

Opportunistic VC investors focus less on developing very specific theses and more on cultivating a deep, rich network around the entire firm. Sometimes we develop themes on our own and then pursue investments based on that thesis. We want to make sure we’re open to thinking about these opportunities with a blank canvas.

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Seven Reasons to Become a Founding Entrepreneur ? AGILEVC

Agile VC

It’s possible to disrupt industries or touch millions of customers even within a big company… just look at Apple, Amazon, and others. Nearly all founders though are seeking to fix a market or industry that’s broken, and occasionally create whole new industries in the process.