Both Sides of the Table

JULY 23, 2014

There has been much discussion in the past few years of the changing structure of the venture capital industry. The rise of alternative sources of capital (crowd funding and the like). The overall trends in our industry have breathed a new life into the venture capital industry. The iPhone was released.

Technical Review 398

Technical Review Venture Capital Valuation Pre-Money Valuation 398

View from Seed

JANUARY 13, 2021

This expanded the definition of seed to include $5M+ rounds, and you often hear of seed firms now passing on deals because they are “too early”. That said, we definitely don’t bank on this as a firm, even though we do see ourselves playing a multi-turn game with all of our later stage coinvestors. That year, they invested in Segment.

Dilution 399

Dilution Later Stage Portfolio Technical Review 399

Steve Blank

JANUARY 21, 2015

This last point is definitely not a data-driven survey. This raises an interesting question: is the credibility of female entrepreneurs in the eyes of New York VC’s something about the venture firms, or is it about the industries they are funding? What role does venture capital play? Women in New York Startups.

Silicon Valley 120

Silicon Valley New York City New York Venture Capital 120

Both Sides of the Table

SEPTEMBER 22, 2012

He also nails the reason why venture capital is still necessary to grow large businesses quickly in a world where the costs of running startups have fallen dramatically. After all, growth equals high valuations and loads of venture capital! But my definition of the word is much broader. So I like that bit, too.

Silicon Valley 390

Silicon Valley Venture Capital Startup Technical Review 390

Feld Thoughts

JULY 15, 2013

Two of his latest articles talk about entrepreneurial density and venture capital. The Connection Between Venture Capital and Diverse, Dense Communities. In it, he looked at Venture Capital financing (total dollars and number of deals) on a per-capital basis.

Venture Capital 164

Venture Capital San Francisco Silicon Valley San Jose 164

ReadWriteStart

OCTOBER 2, 2021

Lower tax rates allow an LLC to be more flexible with finances. However, most institutional investors (venture capital groups, for instance) don’t mind this structure, and they, in fact, prefer to invest in corporations due to protections from issuing stocks. Definitely not. Conclusion.

Technical Review 158

Technical Review LLC IPO Stock 158

Both Sides of the Table

SEPTEMBER 10, 2021

And the loosening of federal monetary policies, particularly in the US, has pushed more dollars into the venture ecosystems at every stage of financing. how on Earth could the venture capital market stand still? What Has Changed in Financing? By definition?—?I’m Of course we can’t. Are we in a bubble?”

Pre-Money Valuation 471

Pre-Money Valuation Valuation Venture Capital Early Stage 471

Hunter Walker

FEBRUARY 17, 2022

Homebrew: Venture capital is no longer as opaque as it was 10 years ago, but a lot of what gets shared is pro-VC content marketing more than the real day-to-day reality. KS: So much of what is shared about venture, especially on Twitter, is an endless string of wins. On top of all this, I was settling into San Francisco.

Venture Capital 85

Venture Capital San Francisco Portfolio Operations 85

David Teten

AUGUST 20, 2019

I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. I have been impressed by how these venture capitalists are accomplishing a major social impact goal…without even trying to. I contacted every RBI venture capital investor I could identify, and learned: .

Revenue 60

Revenue Cofounder Founder Venture Capital 60

Startup Professionals Musings

SEPTEMBER 20, 2017

Obviously, these companies still need money to get started, or finance growth, just like a for-profit company. Hopefully you can see from this list that the people and processes involved in financing a nonprofit have little in common with angel investors, or the venture capital process.

Angel Investor 132

Angel Investor Equity Technical Review Exit Strategy 132

This is going to be BIG.

OCTOBER 22, 2014

You''ll get a venture capital analyst from a brand name firm who has just recently taken his job talking about what makes a company successful. You''ll get an entrepreneur who has raised one and only one round of financing in his or her entire life--all from relatively unsophisticated individuals, giving fundraising advice.

Venture Capital 140

Venture Capital Cap Table Startup Early Stage 140

Startup Professionals Musings

OCTOBER 13, 2013

Obviously, these companies still need money to get started, or finance growth, just like a for-profit company. Hopefully you can see from this list that the people and processes involved in financing a non-profit have little in common with Angel investors, or the venture capital process.

Equity 207

Equity Angel Investor Technical Review Exit Strategy 207

Startup Professionals Musings

SEPTEMBER 15, 2012

Obviously, these companies still need money to get started, or finance growth, just like a for-profit company. Hopefully you can see from this list that the people and processes involved in financing a non-profit have little in common with angel investors, or the venture capital process.

Angel Investor 218

Angel Investor Technical Review Exit Strategy Equity 218

Startup Professionals Musings

MAY 9, 2014

David is also the CEO of Gust , which is an online platform for startup financing used by over 50,000 accredited angel investors, 1000 angel groups and venture capital funds, and 250,000 entrepreneurs. Compliance is definitely a regulatory burden, and could become a nightmare. billion collected in 2012.

Angel Investor 278

Angel Investor Angel Groups Accredited Investor IRR 278

Up and Running

JUNE 19, 2013

The New York Times profiles two successful tech start-ups— GoodData , which at its start raised more than $50 million in venture capital funding, and RJ Metrics, which held out with self-financing for as long as possible—that went after the same market at the same time, and contrasts their approaches to finance.

Venture Capital 70

Venture Capital Finance Lean New York 70

View from Seed

MARCH 24, 2021

At NextView Ventures we have written many pieces about venture capital — how to raise it, build your business, engage with investors, iterate your product, navigate expanding industries, etc. But it’s definitely a very small minority.” I’ve Been in Venture Capital for Two Months.

Seed Stage 177

Seed Stage Hiring IPO Analytics 177

Both Sides of the Table

JUNE 22, 2011

I’m no great scholar on bubbles – I have more interesting things to spend my time worrying about than the exact definition , but having been around a few I have at least given them intellectual consideration. Or worse yet they may never get financed. It’s what I love about entrepreneurship and about venture capital.

Saudi Arabia 309

Saudi Arabia Valuation IPO Technical Review 309

Startup Professionals Musings

JULY 3, 2011

Obviously, these companies still need money to get started, or finance growth, just like a for-profit company. Hopefully you can see from this list that the people and processes involved in financing a non-profit have little in common with angel investors, or the venture capital process.

Angel Investor 238

Angel Investor Technical Review Exit Strategy Equity 238

Startup Professionals Musings

FEBRUARY 15, 2015

Obviously, these companies still need money to get started, or finance growth, just like a for-profit company. Hopefully you can see from this list that the people and processes involved in financing a non-profit have little in common with Angel investors, or the venture capital process.

Angel Investor 120

Angel Investor Equity Technical Review Exit Strategy 120

View from Seed

JANUARY 27, 2021

. $100M is a meaningful increase from our $50M third fund, though it’s still quite small in the grand scheme of venture, especially amid the recent wave of late stage financings and SPACs. As the definition of seed has expanded , our fund has gradually grown to target the full seed spectrum. We will never take it for granted.

LP 411

LP Early Stage Seed Stage Venture Capital 411

ReadWriteStart

OCTOBER 2, 2021

Lower tax rates allow an LLC to be more flexible with finances. However, most institutional investors (venture capital groups, for instance) don’t mind this structure, and they, in fact, prefer to invest in corporations due to protections from issuing stocks. Definitely not. Conclusion.

Technical Review 78

Technical Review LLC IPO Stock 78

Gust

OCTOBER 8, 2014

Marc Andreessen kicked off another great debate on Twitter last night, one that I’ve been talking about incessantly in private circles for the past 2-3 years – what actually IS the definition of a seed vs. A-round. My view: “Spending any time or energy trying to game the ‘definition’ of your round of fund raising is a total waste.

Cap Table 136

Cap Table Silicon Valley Term Sheet Non-Compete 136

Both Sides of the Table

APRIL 26, 2016

The key to being able to run a business that isn’t yet profitable (on operating margin) is availability of capital to finance losses and preferably at a cost that isn’t too punitive to the founders and employees. Sustaining short-term losses is all predicated on ability to finance the losses through venture capital or other means.

Metrics 150

Metrics Cost Acquisition Startup 150

This is going to be BIG.

SEPTEMBER 30, 2012

Well, they did ask David Chao of Doll Capital, who said that the " frothy bubble is over ". David's firm most recently participated in the $77 million second round financing of SoFi, a one year old startup focusing on student loans. The other entrepreneur quoted in the story is from a guy pitching a Pinterest clone.

Venture Capital 114

Venture Capital Marketing Term Sheet Software Review 114

Both Sides of the Table

JULY 16, 2010

One is the “denominator problem&# which says that if an LP invests X% (the denominator) into “alternative investments&# such as venture capital and if their total amount available to invest (the numerator) goes down by 30% then the amount they allocate to VC will by definition need to go down by 30% to stay the same percentage.

LP 311

LP Technical Review Early Stage Silicon Valley 311

Startup Professionals Musings

OCTOBER 5, 2015

Even if you work every day in the world of new-venture funding, as I do, the options are confusing, and their meanings seem to change on a regular basis. I challenge any entrepreneur, for example, to define the difference between "seed-stage" and "early-stage" financing. A micro venture capital firm.

Seed Stage 120

Seed Stage Finance Early Stage Startup 120

Both Sides of the Table

SEPTEMBER 29, 2013

If you track the venture capital industry it would be hard to miss the conversation going on this week over AngelList “Syndicates.” But Jason is one of the smartest thinkers in our industry so while style points in his eye-poking post might be low, he’s definitely scratching at something important.

Syndicate 356

Syndicate Syndication Cofounder Early Stage 356

Startup Professionals Musings

JUNE 5, 2015

David is one of the most active angel investors in New York, and also the CEO of Gust , which is an online platform for startup financing used by over 45,000 accredited angel investors, 1000 angel groups and venture capital funds, and 200,000 entrepreneurs. billion collected in 2014.

Angel Investor 120

Angel Investor Angel Groups Accredited Investor IRR 120

VC Adventure

NOVEMBER 1, 2023

Circuit Court of Appeals temporarily blocked a small venture capital fund, Fearless Fund, from running a grant contest that awards $20,000 grants to small businesses led by women of color. When the government dictates how capital should be apportioned and to whom, that is the definition of another economic system: Marxist communism.

North Carolina 68

North Carolina America Early Stage Venture Capital 68

Up and Running

MAY 18, 2016

The Customer-Funded Business: Start, Finance, or Grow Your Company with Your Customers’ Cash. If you want to start a business but don’t want to go down the route of pitching venture capitalists or angels, guess what? The Definitive Guide to Raising Money from Angels. B y John Mullins. B y Bill Payne (a free PDF ebook).

Startup 80

Startup Venture Capital Angel Investor Lean 80

Startup Professionals Musings

JUNE 6, 2010

Obviously, these companies still need money to get started, or finance growth, just like a for-profit company. Hopefully you can see from this list that the people and processes involved in financing a non-profit have little in common with angel investors, or the venture capital process.

Angel Investor 143

Angel Investor Technical Review Exit Strategy Equity 143

ReadWriteStart

JUNE 1, 2020

It is going to cost a lot of money just to get the initial batch of products to test the market and would definitely require external funding. Under this category, you have the angel investors who would invest their own money and Venture Capital or VC firms, who manage funds aimed towards specific startup sectors and stages.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Both Sides of the Table

JUNE 27, 2021

I’ve definitely been wrong on market value. We’ve had two companies where we had to bridge finance them several times before they eventually IPO’d We had a portfolio company turn-down a $350 million acquisition because they wanted at least $400 million. Early-stage venture capital is about extreme winners.

Bankruptcy 294

Bankruptcy Bridge Financing Portfolio Angel Investor 294

The Startup Magazine

MARCH 22, 2019

The question of venture capitalist versus angel investor often arises. Venture capital and angel investments offer excellent options to startup businesses. Most venture capital firms focus on targeted sectors of the business world, such as software, or on a specific geographical area when entertaining possible investments.

Angel Investor 153

Angel Investor Venture Capital Accredited Investor Equity 153

Venture Chronicles

NOVEMBER 22, 2010

The SEC fulfilled their obligation under the Frank-Dodd financial reform bill and defined what venture capital is. Represents itself to investors as being a venture capital fund. Bridge financing. Treasury securities with a remaining maturity of 60 days or less, or cash. debt) prove to be onerous.

Venture Capital 49

Venture Capital SEC Redemption Bridge Financing 49

Both Sides of the Table

SEPTEMBER 8, 2010

Almost by definition to be a great leader you need to be an effective psychologist. Once you’ve been around for a few years, attracted some great people, landed real, paying customers and raised venture capital you’ve likely got a talented team around you. Even three person organizations are political.

Ireland 319

Ireland Sales Bankruptcy Germany 319

www.inc.com

SEPTEMBER 24, 2011

Finance | Tuesdays. Financing a Small Business. Financing A Small Business. Personal Finance. Dave Graham Business Venture Capital Private Equity GlobalLogic Inc. Venture Capital Firms. But Ive definitely had to lean on Dave. Hes definitely steering the ship at times.".

Arizona 40

Arizona Equity Iowa Venture Capital 40