This is going to be BIG.

SEPTEMBER 30, 2012

David's firm most recently participated in the $77 million second round financing of SoFi, a one year old startup focusing on student loans. I suppose, more specifically, the bubble ended in the last two weeks of September--right after this financing. International and non-Valley startup communities are developing at a rapid pace.

Venture Capital 130

Venture Capital Marketing Term Sheet Software Review 130

Steve Blank

APRIL 12, 2013

The first post described how China built a science and technology infrastructure to support advanced weapons systems development. The second wave of technology investors were Chinese banks, who provided the majority of the later stage investments in the Torch Program. China Customer Development Technology Venture Capital'

Venture Capital 275

Venture Capital China Offshore SBIR 275

VC Adventure

MARCH 17, 2022

With the markets down significantly, financings (at least at the later stages) slowing down, and inflation and interest rates on the rise, perhaps now is a good time to talk about your burn rate. Hopefully, you took advantage of the robust financing markets of the past few years to put some money on your balance sheet.

Balance Sheet 121

Balance Sheet Burn Rate Valuation Metrics 121

Feld Thoughts

MARCH 24, 2017

In general, these investments were rarely competitive at the time of their first financing. We know many firms that build portfolios with great logos by buying into companies at later stages and higher valuations. FC’s portfolio is made up exclusively of seed stage investments at seed valuations.

Founder 75

Founder LP Technical Review Seed Stage 75

Steve Blank

APRIL 12, 2013

The first post described how China built a science and technology infrastructure to support advanced weapons systems development. The second wave of technology investors were Chinese banks, who provided the majority of the later stage investments in the Torch Program. China Customer Development Technology Venture Capital'

Venture Capital 167

Venture Capital China Offshore SBIR 167

Seeing Both Sides

AUGUST 28, 2017

Most of those companies will still require seed capital to assemble their team and fund a year or two of initial development and experiments. In short, token sales allow early stage companies to skip the series B round and beyond. A company that can successfully raise money in an ICO may never need venture capital again.

Early Stage 20

Early Stage Equity Venture Capital Government 20

Seeing Both Sides

AUGUST 28, 2017

Most of those companies will still require seed capital to assemble their team and fund a year or two of initial development and experiments. In short, token sales allow early stage companies to skip the series B round and beyond. A company that can successfully raise money in an ICO may never need venture capital again.

Early Stage 20

Early Stage Equity Venture Capital Government 20

David Teten

SEPTEMBER 5, 2014

Like many established finance & media companies, GLG knows that the tech startup sector is a growing part of the economy. For example, if you’re an early stage company dealing with complex regulation (think Uber in transportation, Oscar in healthcare, LendingClub in finance), we have people who can help.

New York 114

New York Technical Review Networking Advisory Board 114

K9 Ventures

OCTOBER 10, 2017

This post is intended to be a dynamic document, and I will attempt to update it from time to time with new questions that may arise or as financing trends evolve. Q: What amount of financing is considered Pre-Seed? It’s a legitimate stage of financing in the venture eco-system as of this writing (October 2017).

Seed Stage 82

Seed Stage Finance Later Stage Equity 82

YoungUpstarts

SEPTEMBER 3, 2018

Mobile app development is not just about developing an app for either android or IOS. App development is a cumbersome process that involves a lot of micro-managed aspects to be catered to. Mobile app development is primarily divided into 9 stages right from the phase of ideation to running a successful business.

Mobile 113

Mobile Developer Social Media Later Stage 113

Steve Blank

JUNE 15, 2010

What startup stage do they typically invest in? Do they “get&# Customer Development ? What Startup Stage Do they Invest In? Certain VC’s like the new class of Super-Angels and small VC funds specialize in the early stage of a startup where you are searching for a business model. Do They Get Customer Development?

Founder 232

Founder Vesting Later Stage Early Stage 232

Up and Running

AUGUST 17, 2015

Between my experiences as a management consultant, as well as my product and marketing roles at multiple tech companies, I felt that I had enough operational experience to make that leap sooner than later. Additionally, I had already studied Economics and Finance during undergrad, making the academic part of an MBA seem a little redundant.

Entrepreneur 60

Entrepreneur Cofounder Angel Investor eCommerce 60

Both Sides of the Table

APRIL 28, 2010

VC Financings: 1. The investment will be used for product development initiatives. You also might enjoy hearing him talk about his background – including the fact that he was actually the executive assistant for Condoleezza Rice during one of the more historic and controversial periods of time in recent history!

Venture Capital 270

Venture Capital Cofounder Spain San Diego 270

Growthink Blog

MAY 10, 2012

Early Stage Investment (Series A & B) 4. Later Stage Investment (Series C, D, and so on) 5. Mezzanine Financing Most companies that raise equity capital and are eventually acquired or go public receive multiple rounds of financing first. Series B is the round that follows series A in early stage financing.

Equity 88

Equity Mezzanine Later Stage Venture Capital 88

Genuine VC

FEBRUARY 3, 2011

Much of the VC blogosphere commentary about startups covers venture and angel financing with advice focused on company founders. The first decision, and the most critical decision, of what type of startup to join is based on the current stage of the company. And that derisking is only for 12 +/- 6 months.

Startup 241

Startup Later Stage Angel Financing Seed Stage 241

Small Business Force

FEBRUARY 21, 2014

In early stage companies (and even some later stage or mature ones), there is no one area where most entrepreneurs and small business owners are lacking in just basic fundamentals, than in dealing with their company's finances and financial management.

Finance 37

Finance Management Forecast Entrepreneur 37

Up and Running

JANUARY 30, 2014

My partner is a full-time developer and math teacher, and I’m an engineer. Accelerators focus on early-stage startups, while incubators are geared toward later-stage startups. Some accelerators have themes or focus on certain business sectors such as education, healthcare, or finance. Accelators.

Incubator 105

Incubator New York City Venture Capital Startup 105

Hunter Walker

NOVEMBER 20, 2013

While larger funds are interested in these companies at later stages of development, the resources it takes to cover the international markets at seed stage is likely not one they want to make. Lee Jacobs is one example of a Syndicate lead who is sourcing deals from South America. 2) The Bundled Expertise Syndicate.

Syndicate 98

Syndicate Syndication South America Seed Stage 98

Both Sides of the Table

JUNE 28, 2010

He says they are just as selective on seed investments as they are in later stage deals. Venture Financings we Discussed. Developer and publisher of social mobile games. Simple: according to Mike Polaris has followed on nearly every seed investment that they’ve done. You can hear his full argument in the interview.

San Francisco 230

San Francisco Los Angeles Cofounder SMS 230

Startup Lessons Learned

MAY 31, 2019

Learning everything you can about VC first is important for that reason, but also to ensure it’s the right form of financing for your business. In fact, it’s quite the opposite - making sure you have the same goals as your financing partner is probably the best thing you can do as an entrepreneur to maximize your chances for success.

Lean 108

Lean Venture Capital Conversion IPO 108

Both Sides of the Table

SEPTEMBER 15, 2010

I’d rather be Roger Ehrenberg with a thesis around data-centric companies and base my investment decisions on the skills I’ve developed in my career. Chris Dixon made the point that he thinks investors should look for the founders to have the domain knowledge rather than them having domain knowledge themselves.

Angel Investor 284

Angel Investor Early Stage Cap Table Deal Flow 284

Both Sides of the Table

MAY 13, 2018

If you fold simply because they haven’t responded to your last two emails you won’t have success in business development, sales, press, recruiting … anything. Sometimes engagement at the later stages seems to go dry. Your job is to push politely until you either get a “soft no” or more engagement. It should be obvious to you.

Term Sheet 332

Term Sheet Due Diligence Campaign Sales 332

K9 Ventures

JUNE 5, 2015

A re-jiggering of deal stages and sizes had begun in 2013. In that presentation, I said that Seed is not the first round of financing any more and that K9’s investments were mostly “pre-seed”. As it happens almost every few years there was a new normal developing.

Seed Stage 48

Seed Stage Venture Capital Early Stage Valuation 48

This is going to be BIG.

DECEMBER 26, 2011

It has the diversity and cheaper rent necessary for great creative potential and I think you're going to see a lot of development next year of Brooklyn as its own unique, but complimentary community of innovation. Credit cards "just work" and peer to peer transactions just aren't big enough to bootstrap a network. What's the business model?

Technology 128

Technology Valuation Community Restful 128

Steve Blank

OCTOBER 1, 2009

Sloan kept the corporate staff small and focused on policymaking, corporate finance and planning. Durant Versus Sloan – Part 1 « Steve Blank steveblank.com/2009/10/01/durant-versus-sloan-part-1 – view page – cached + Customer Development Manifesto: The Path of Warriors and Winners (part 5) + Can You Trust Any VC’s Under 40?

Silicon Valley 170

Silicon Valley United States RSS Customer Development 170

David Teten

DECEMBER 3, 2019

This provides us more time to develop meaningful relationships with prospects and customers. Data companies focused on early-stage startups include Aingel , fundsUP , Preseries , PredictLeads , and Sploda. Tribe Capital has developed A Quantitative Approach to Product Market Fit. . 3) Raise capital.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Steve Blank

OCTOBER 24, 2017

Incubators and accelerators like Y-Combinator have institutionalized experiential training in best practices (product/market fit, pivots, agile development, etc.); A 20th century VC was likely to have an MBA or finance background. And in later stage rounds an explosion of corporate VCs and hedge funds now want in to the next unicorns.

Founder 263

Founder Technical Review CTO Hire IPO 263

Austin Startup

MARCH 7, 2021

The newest development phase dubbed “TMC3” will lead the world in life sciences research commercialization. Research Institute, Texas Biomedical Research Institute, and several public universities and Department of Defense research and development programs. In Houston, we are not just running, we are sprinting?—?in

Texas 90

Texas San Antonio Houston Dallas 90

Both Sides of the Table

JUNE 29, 2011

Some have done earlier-stage deals and done well. Others have chased earlier-stage but lack the skills or relationships to do this effectively. Some have moved into later stage investments in an effort to “put logos on their websites.&# These trends have put pressure on traditional VCs.

Venture Capital 296

Venture Capital Software LP Early Stage 296

Reid Hoffman

JUNE 11, 2020

Rather, the point of the dashboards was to provide a comprehensive view that everyone could see, architect your work processes with those dashboards, and develop the kind of fine awareness that lets you see when a number is just wrong. I thought that was very smart, so I thought about it and developed it further.

Cofounder 36

Cofounder Leadership Metrics Later Stage 36

VC Cafe

APRIL 29, 2020

According to the Covid-19 impact report by research firm Beauhurst: 5,070 UK companies are at a ‘severe’ or ‘critical’ risk 615K startup and scaleup jobs are at risk Later stage startups are at the most risk Across the board, tech sectors and verticals are the most likely to experience a positive or low impact.

SBA 124

SBA Technical Review Startup 124

www.payne.org

SEPTEMBER 22, 2011

The total preference is less of an issue in early stage companies (e.g. However, it can be a significant issue in later stage companies that have raised a lot of money. The common stock price is usually a fraction of the preferred price, at least in the early stages. Series A), because its relatively small.

Equity 56

Equity Employee Vesting Preferred Stock 56

Reid Hoffman

MARCH 14, 2019

In this environment of constant change—both in personnel and organizational structure—you need to develop a coherent culture the organization and its members can rely on to help guide their actions. Can code 10x faster than the average developer? You don’t want to prematurely hire people who are best-suited to the later stages.

Silicon Valley 28

Silicon Valley Early Stage Hiring Employee 28

Hunter Walker

FEBRUARY 20, 2018

Later stage capital markets seem to be more willing to pile into perceived “winners” so the Series A VC can draw a path to where the next few rounds will come from. Founders benefit from having a financing partner who will write more than one check into the seed phase when necessary or desired.

Forecast 108

Forecast Early Stage Dilution Later Stage 108

Startup Professionals Musings

JULY 12, 2012

Generally, the same criteria applies to venture capital investors, although they invest other people’s money, at a later stage, in larger amounts. Such a business shouldn’t need a large investment to get started (no product to develop), and it probably won’t scale quickly (limited supply of experts). Restaurants and retail.

Angel Groups 237

Angel Groups Angel Investor Early Stage Startup 237

Version One Ventures

MAY 22, 2018

Some of the best later-stage investors walk founders through an institutionalized “reverse” pitch. Are you looking for help and expertise in hiring, product strategy, customer development, fundraising, coaching, therapy, etc.? Lastly, dig down into how an investor behaved during new financing rounds or during exits.

Cap Table 60

Cap Table Cofounder Syndicate Syndication 60

Startup Professionals Musings

APRIL 14, 2011

Generally, the same criteria applies to venture capital investors, although they invest other people’s money, at a later stage, in larger amounts. Such a business shouldn’t need a large investment to get started (no product to develop), and it probably won’t scale quickly (limited supply of experts). Restaurants and retail.

Angel Investor 217

Angel Investor Angel Groups Early Stage Startup 217