VC Cafe

MARCH 27, 2022

Both me and my partner at Remagine Ventures, Kevin Baxpehler, are wrapping up busy weeks. The definition of the space is still vague. The Cambridge Dictio nary added a definition for the Metaverse this week : Source: Cambridge Dictionary. Some might find this definition too limiting.

Cofounder 179

Cofounder Venture Capital Equity 179

View from Seed

OCTOBER 29, 2014

This post was originally published on the personal blog of NextView founding partner Lee Hower. Most of the dollars a VC firm invests come from outside limited partner investors (LPs). Some institutional investors simply aren’t big enough to have in-house employees to vet and manage a portfolio of VC funds.

LP 335

LP Private Equity Institutional Investors Venture Capital 335

ithacaVC

JANUARY 10, 2012

One of my students just asked me what a “Venture Partner” is in the context of a venture capital firm. I quickly typed in “venture partner” into the Wikipedia query box. So, then I typed “venture partner definition” into the Google search box. No results. Kind of surprised me.

Partner 49

Partner Carried Interest Caching Harvest 49

The Startup Magazine

MARCH 22, 2019

Investment firms are staffed with analysts, partners, and others to ensure deals are soundly vetted. An article in Forbes explains that a venture capital firm makes its money through management fees (a percentage of the amount of capital that they have under management) and carried interest (a percentage of the profits of the business).

Angel Investor 123

Angel Investor Venture Capital Accredited Investor Equity 123

Agile VC

OCTOBER 29, 2014

Most of the dollars a VC firm invests come from outside limited partner investors (LPs). The actual partners of a VC firm (GPs) will typically invest a minimum of 1% of the total size of their fund,* though frequently this percentage is substantially higher (especially in many of the best funds). The first is a staff constraint.

Venture Capital 279

Venture Capital LP Private Equity Institutional Investors 279

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]. We see our potential coinvestors in four primary buckets: 1) HOF Capital ’s own limited partners. 2) Investors with very specific value-add.

Syndicate 60

Syndicate Syndication Institutional Investors LP 60

Both Sides of the Table

MARCH 1, 2010

I’m on the record as saying I’m 70% management, 30% market. But when I’m looking to invest the dollars that my Limited Partners have entrusted my firm with I’m going with my view. His logic was, “when I invested the management team knew that I wanted a multi-hundred million dollar exit so they shouldn’t be surprised.

Entrepreneur 321

Entrepreneur Warrant Silicon Valley Early Stage 321

David Teten

AUGUST 18, 2017

At HOF Capital , we try to manage these layers to be “ MECE ” (Mutually Exclusive, Collectively Exhaustive). By definition, it’s unwritten, but critical. . To the extent possible, we try to use our social media presence to point back to our website, our Partners, and/or our portfolio companies’ websites. Email templates.

Due Diligence 60

Due Diligence Marketing Reputation Social Media 60

Growthink Blog

MAY 23, 2011

Management has the wrong pedigree, is geographically undesirable, competes in the wrong industry, and/or has a business model that lacks "scalability credibility" with the venture community. By definition, companies that receive venture capital cannot fund their businesses from operations, and thus need to seek outside capital.

Angel Investor 112

Angel Investor Venture Capital Sweat Equity Cram Down 112

K9 Ventures

MAY 14, 2011

Super Angels : This is where my definition of a Super Angel differs from the press’ definition of a super angel. They are still individual investors, they invest on a full-time basis as professionals, but they have funds with Limited Partners. They have 4-10 partners who are investing on their behalf. Super Angel.

Preferred Stock 125

Preferred Stock Seed Stage Incubator Early Stage 125

Hunter Walker

DECEMBER 18, 2013

From this fund you get paid a management fee each year and then a percentage of the profits ultimately made after returning the entire initial investment to your limited partners (you pay back your management fees before you consider the fund “returned”). Let me be clear, I’m not claiming poverty.

Cap Table 98

Cap Table LP Limited Partner Salary 98

David Teten

MARCH 2, 2013

See the Techcrunch posts by my Partner John Frankel and Professor Robert Wiltbank , my recent post on the quality of angel returns data , as well as reports from the Silicon Valley Bank and Kauffman Foundation. Partners at smaller funds, by contrast, have to hustle before they can cover their mortgage.

LP 114

LP Securities and Exchange Commission Silicon Valley Venture Capital 114

This is going to be BIG.

JULY 8, 2013

When you''re out on the road pitching, and getting people to believe in you, you feel a deep sense of responsibility to your limited partners--and there isn''t a day when you don''t wonder why you didn''t just take some easy corporate job where no one would notice if you weren''t working productively. 9) Sometimes, it''s just luck.

Venture Capital 167

Venture Capital Early Stage Portfolio Private Equity 167

ithacaVC

FEBRUARY 23, 2012

But unrealized values are sometimes rather illusory in that they are based on what are called “Level 3″ inputs that by definition are often not exact and even non-quantitative. Some VC firms use the art of Level 3 inputs to mark up their valuations, which has a tendency to make limited partners happy.

Valuation 49

Valuation Institutional Investors Marketing Down Round 49

Venture Chronicles

JULY 16, 2010

This is definitely on the upswing and reflects the issues that funds are having with their limited partner investors. Regulatory paperwork is prepared and the investment is prepared for presentation to the limited partners for funding. The second scenario is the pulled term sheet. It’s the nuclear scenario.

Due Diligence 28

Due Diligence Term Sheet Limited Partner LP 28