Haystack

JULY 20, 2018

While I don’t have portfolio level stats for them, their new endeavor Foundry Next (to invest in smaller funds and then follow-on into key investments) has built up an LP basket of 23 positions in a variety of new VC funds. Of course, over the last decade, the rest of the world doesn’t need to read these blogs to see what’s going on.

San Francisco 116

San Francisco Silicon Valley Seattle Venture Capital 116

Feld Thoughts

JULY 28, 2014

On paper, only one is in positive return territory as a fund, but the SBIC leverage is a substantial negative factor for the LP investors in that particular fund. And, in the other two, I don’t expect to ever see any of my capital back because of the SBIC leverage.

SBIC 142

SBIC Venture Capital Colorado SBA 142

David Teten

SEPTEMBER 2, 2017

It’s hard enough to get a job at a venture capital or private equity firm; it’s even more complex to join as a Partner. These are many of the steps I went through when I joined HOF Capital. These are many of the steps I went through when I joined HOF Capital. – The firm and your capital commitment.

Private Equity 60

Private Equity Venture Capital Equity Partner 60

Both Sides of the Table

MAY 25, 2013

I rest my case. “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. “Hate the industry, Love my local guy.”

LP 374

LP Later Stage IRR Term Sheet 374

K9 Ventures

DECEMBER 10, 2011

One of the investment criteria that I set for K9 Ventures is based on geography. No distributed teams, no overseas teams, and definitely no companies that rely on “outsourcing” to build their core technology. Likewise if you’re an LP, you have to make sure you have reasonable exposure to Valley investments.

Silicon Valley 124

Silicon Valley San Jose Portfolio Cofounder 124

K9 Ventures

DECEMBER 10, 2011

One of the investment criteria that I set for K9 Ventures is based on geography. No distributed teams, no overseas teams, and definitely no companies that rely on “outsourcing” to build their core technology. Likewise if you’re an LP, you have to make sure you have reasonable exposure to Valley investments.

Silicon Valley 112

Silicon Valley San Jose Portfolio Cofounder 112