Agile VC

JULY 11, 2012

The names of these once great, now defunct firms may not be terribly familiar today but here are just a few examples: American Research & Development [Boston] –> Founded by George Doriot and depending how you count it, either the first or second formal VC firm in the US. What’s Your Favorite Future?

Silicon Valley 240

Silicon Valley Carried Interest Cofounder Boston 240

David Teten

JANUARY 19, 2021

Flexible VC creates early liquidity which can be either reinvested or distributed to LPs. Coinvestors: Flexible VC terms have not been standardized, which may make the investment harder to syndicate. which they co-developed with Fenwick & West. . Early liquidity. Equity VC is a “get rich slow” business.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

View from Seed

JUNE 30, 2015

Or maybe your market hasn’t quite developed as quickly as you’d hoped. Or maybe you are just a bit off on your product, or else you needed more experimentation to get to the right strategy for distribution. Getting to strong PMF and into scaling growth is tough, and so sometimes, it just takes time.

Seed Stage 120

Seed Stage Syndicate Syndication Dilution 120

Austin Startup

MARCH 7, 2021

The newest development phase dubbed “TMC3” will lead the world in life sciences research commercialization. In 2019 and 2020, we saw hundreds of millions of dollars in non-dilutive funding go to Texas startups, most of which had never worked with the government before. Lockheed Martin is building the F-35 aircraft in Fort Worth.

Texas 90

Texas San Antonio Houston Dallas 90

Austin Startup

AUGUST 1, 2017

By driving the valuation up, you’re usually not reducing your dilution in the round; you’re just increasing the size of the check they need to write in order to get to their desired %. This is the distributed portfolio mindset; i’ve got stakes in a lot of companies, so it’s OK if most fail, as long as I get at least one unicorn.

Liquidation Preference 48

Liquidation Preference Common Stock Valuation Silicon Valley 48

Professor VC

JUNE 20, 2011

The business model (OEM through broadband and home security companies for mass distribution) if not specific product functionality has remained largely the same. I take CFO roles in early stage companies and participate on the management team during the early financings and business model development phases. So what does this all mean.

San Jose 28

San Jose Angel Investor Term Sheet Venture Capital 28