Both Sides of the Table

MAY 25, 2013

. “I don’t know the exact math, but I hear it again and again: the top 2% of firms generate 98% of the returns in venture capital.” As you can see from the chart their data suggests there are about $25 billion of VC distributions per year in the US. But as an LP you can’t count on that any more than VCs can.

LP 374

LP Later Stage IRR Term Sheet 374

David Teten

DECEMBER 3, 2019

Private equity and venture capital investors are copying our sisters in the hedge fund world: we’re trying to automate more of our job. . Tim Friedman, Founder, PE Stack , said, “If I could offer one piece of advice to today’s managers, it would be to take the time to understand the demands of the modern institutional LP.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Both Sides of the Table

JUNE 29, 2011

Yesterday I wrote Part 1 of the series on the changes to the software industry over the past decade that has led to changes in the venture capital industry itself. The LP Community Hasn’t Yet Caught Up. Maybe Micro VCs will get larger and emulate a multiple-partner strategy like True Ventures or First Round Capital.

Venture Capital 296

Venture Capital Software LP Early Stage 296

Both Sides of the Table

MARCH 3, 2013

In a discussion I had with Fred Wilson at the Invesco LP meeting Fred said the same about the influence of Clayton. Obviously that barrier has been brought down with low-cost ability to capture, stream and distribute content over the Internet. Venture Capital. “Online education is truly going to kill us.”

Bankruptcy 403

Bankruptcy Offshore Liquidation Preference Balance Sheet 403

This is going to be BIG.

MARCH 3, 2019

They hold their cash back until they have more data, and lean in as a company is outperforming. This is the data of what your investment dollar distribution looks like if you’re doing the pro-rata of each of these rounds. If you’re a larger LP, you don’t have much choice to put the money to work either.

Portfolio 110

Portfolio Burn Rate LP Distribution 110

Austin Startup

JUNE 26, 2019

As a boot-strapped founder aka our biggest investor, one of the things I leaned into uncovering was the unknown. Lean into it. By the by, women donors, I recommend diversifying some of your capital distributions to reap that ROI to keep doing good… (+ this is a whole ‘nother blog post…) Undeterred. Step on the scale.

Silicon Valley 54

Silicon Valley Startup B2C Sweat Equity 54