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. This will continue while we’re in a tech bull market and I predict will wane when we’re not. In a bull market many players see drift in their activities.

Venture Capital 296

Venture Capital Software LP Early Stage 296

David Teten

JANUARY 19, 2021

Similar to the explosion of seed funds in the past decade, we (and some limited partners too ) believe these Flexible VCs are on the forefront of what will become a major segment of the venture ecosystem. We detail below the major categories of VC: VENTURE CAPITAL TYPOLOGY. FLEXIBLE VC VS. OTHER VENTURE CAPITAL MODELS.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Genuine VC

SEPTEMBER 7, 2010

The famed business strategist Michael Porter described a set of successful general strategies which firms employ to achieve a sustainable competitive advantage: differentiation strategy and cost leadership strategy for those firms with a broad market scope, and a segmentation strategy for those with a narrow market scope.

Seed Stage 191

Seed Stage Belgium Differentiation LP 191

Mucker Lab

AUGUST 27, 2014

My partner Erik Rannala has had a similar experience, having worked as a VC at Harrison Metal before moving down to LA to co-found our seed stage venture firm. Not to mention that there are only a handful of active, institutional venture funds based in Los Angeles.). That number in the Valley might be closer to 10%.

Los Angeles 138

Los Angeles Southern California Silicon Valley Technical Review 138

View from Seed

SEPTEMBER 14, 2021

Will Quist did a great job of explaining this market rhetoric in this thread. The three-question framework goes as such: Q: How much tech-related market cap will be created in the next 10-20 years? Q: What is going to happen to the cost of capital? So, on one hand, the market see ms like a total frenzy these days.

Valuation 319

Valuation Pre-Money Valuation Distribution Early Stage 319

Steve Blank

FEBRUARY 26, 2020

Every year I teach classrooms full of students who leave class understanding the basics of how to search for product/market fit—and thinking their next goal is to “get funded.”. You (think) you have product-market fit with real customers and real revenue and need money to grow and expand. It’s sometimes called “product/market fit.”

Cofounder 429

Cofounder Seed Stage Valuation Metrics 429

View from Seed

SEPTEMBER 14, 2021

Will Quist did a great job of explaining this market rhetoric in this thread. The three-question framework goes as such: Q: How much tech-related market cap will be created in the next 10-20 years? Q: What is going to happen to the cost of capital? So, on one hand, the market see ms like a total frenzy these days.

Valuation 295

Valuation Pre-Money Valuation Distribution Early Stage 295

Rob Go

SEPTEMBER 4, 2018

Although we had a busy summer, I was fortunate enough to take a bit of time off as well, and to step back for a moment and reflect on Nextview’s strategy and market position going forward. . It’s been an interesting several years in the early stage venture eco-system, and the sands have shifted considerably.

North America 36

North America Seed Stage Early Stage Lead Investor 36

A Smart Bear: Startups and Marketing for Geeks

JULY 24, 2012

With the exception of Facebook and Twitter, it seems like this magic 10 million user number is a rare benchmark that companies hit, and yet that’s only 10% of the mobile market. It’s a fraction of the overall Internet market. or an MSN or an AOL in terms of portal distribution. Let me say this to you.

Silicon Valley 204

Silicon Valley Software Review Internet Technical Review 204

BeyondVC

JANUARY 3, 2019

We are purpose-built to not only invest pre-product but also to help accelerate your path to product-market fit with our decades of entrepreneurial and investing experience along with our active CXO advisory board. First check to seed?—?congrats will be a great fit with the Salesforce marketing cloud. Rebel exit to Salesforce.

Stealth 79

Stealth Advisory Board Cloud Virginia 79

David Teten

DECEMBER 12, 2017

In his white paper How Private Equity and Venture Capital Investors Are Eating Their Own Dogfood , PEVCTECH.com founder David Teten explored how private equity and venture capital investors are trying to automate more of their job. I’d expect a similar shift in venture over the next decade or two.”.

Early Stage 60

Early Stage Technical Review Software Review Venture Capital 60

View from Seed

SEPTEMBER 14, 2021

Will Quist did a great job of explaining this market rhetoric in this thread. The three-question framework goes as such: Q: How much tech-related market cap will be created in the next 10-20 years? Q: What is going to happen to the cost of capital? So, on one hand, the market see ms like a total frenzy these days.

Valuation 156

Valuation Pre-Money Valuation Distribution Early Stage 156

Gust

OCTOBER 20, 2011

Diversification across industry sectors is not as easily achieved for angels as could be accomplished in public markets, but can be achieved by co-investing with trusted angel colleagues in a broader set of businesses. million, indicating a somewhat normal distribution. Marketing/Sales/Partnerships. million to a high of $3.4

Valuation 146

Valuation Pre-Money Valuation Intellectual Property Technical Review 146

Startup Lessons Learned

JULY 11, 2019

Ann Miura-Ko is a founding partner at Floodgate , a seed-stage VC firm. I've been in venture now twice. I was in Boston, working for the first time in venture capital as an analyst for this guy who was incredible and an amazing mentor. How do you develop power within a venture capital firm?

Founder 68

Founder Lean Venture Capital Cofounder 68

This is going to be BIG.

JULY 30, 2015

You incorporate expected company returns, mortality rates, and fee structures to try to predict how a venture capital fund works from a cash in, cash out, and NAV standpoint. And no, the numbers don't exactly add up--but they're more than close enough for venture capital. It's also not the "average fund".

Venture Capital 60

Venture Capital Pre-Money Valuation IRR Valuation 60

Gust

OCTOBER 17, 2012

In addition, angels were up against a selection problem: All the best entrepreneurs and opportunities would naturally gravitate to the best venture capital funds, leaving only the “scraps” for angel investors. This is absolutely competitive with venture capital returns. So which is it? Only they’re not. and the U.K.,

Angel Investor 152

Angel Investor Venture Capital Seed Stage Silicon Valley 152

Mucker Lab

JANUARY 1, 2014

VC’s start investing in technology-enabled “offline” businesses (distribution, services etc) – most of whom would never have gotten venture money 3 years ago. Google finally fixes the problem with mobile (discovery, search, distribution, tracking, monetization, a/b testing) and races ahead while Apple waxes nostalgically for 2010.

Seed Stage 84

Seed Stage Early Stage Distribution Bootstrapping 84

Mucker Lab

JANUARY 1, 2014

VC’s accelerate investments in “internet of things” except sometime in Q4, wake up and realize it’s no different than “consumer electronics” – and that we still need to innovate around the manufacturing infrastructure, distribution economics, and consumer liability of the consumer goods business to really make this a venture fundable category.

Seed Stage 60

Seed Stage Early Stage Distribution Bootstrapping 60

K9 Ventures

APRIL 9, 2014

Instead, it was more of a result of over-funding at the seed stage. There was simply too much money coming in to the seed stage, which increased the supply of companies at the seed stage. But scaling is hard, and these companies can suffer from The Curse of Over Capitalization.

Mezzanine 134

Mezzanine Seed Stage Early Stage IPO 134

techcrunch.com

OCTOBER 13, 2012

In addition, angels were up against a selection problem: All the best entrepreneurs and opportunities would naturally gravitate to the best venture capital funds, leaving only the “scraps” for angel investors. This is absolutely competitive with venture capital returns. So which is it? Only they’re not. and the U.K.,

Angel Investor 103

Angel Investor Venture Capital Seed Stage Silicon Valley 103

www.vccafe.com

MARCH 11, 2013

Venture Capital Cafe > Startup Resources (Updated Mar 2013). Seed Startups. VC Cafe covers early stage Israeli and European tech & mobile startups. Whether you’re wondering what site search you should use or what is the best email marketing tool, knowledge is power. Email marketing. Live Mocha.

Software Review 53

Software Review Technical Review Startup 53

Startup Lessons Learned

AUGUST 24, 2009

One is explaining the world as it used to work: the importance of gatekeepers, the scarcity implied by limited distribution, and the resulting quality bar that the industry is so proud of. Mostly it is the time and expense required to create the means of distribution for that industry. It’s just taking some longer than others.

San Francisco 113

San Francisco Lean Technical Review Distribution 113

Startup Professionals Musings

AUGUST 3, 2015

The right investor will have specific feedback on pricing models, distribution and market positioning to improve scalability. As they say, you only get one chance to make a great first impression, so don’t pitch to a key angel group or venture capital team for practice. Use initial feedback wisely to improve your case.

Cost 120

Cost Angel Groups Due Diligence Silicon Valley 120

VC Adventure

FEBRUARY 23, 2010

The conference will also feature a Technology Showcase, an inaugural demonstration of five very early stage technology companies that is designed to feature the next generation of innovation from the region and further VCIR’s legacy of entrepreneurial mentorship. TopSchool, Inc. TopSchool, Inc.

Venture Capital 52

Venture Capital Colorado Mezzanine Wyoming 52

VC Adventure

FEBRUARY 23, 2010

Twenty Companies Ranging From Seed Stage to Mezzanine Will Showcase Next Generation Technologies from Various Industries at the 27 th Annual VCIR Winter 2010 Conference. Clementine Arts markets the first full line of natural art supplies for children. . Additional Colorado Representatives. TopSchool, Inc. TopSchool, Inc.

Venture Capital 52

Venture Capital Colorado Mezzanine Wyoming 52

Rob Go

JULY 17, 2014

NextView Ventures II is $40M, twice the size of our first fund, and we continue to be exclusively focused on seed-stage companies pursuing internet-enabled innovation. It shows that things are working and there is product/market fit, but there is a long way to go towards building an enduring company of great consequence.

Seed Stage 69

Seed Stage Early Stage Due Diligence Liquidity Event 69

K9 Ventures

JULY 19, 2012

K9 Ventures started investing in 2009 with our first fund, K9 Ventures, L.P., which was a $6.25M fund designed to be deployed over 3-4 years, making initial investments between $100K – $250K in concept and seed stage technology companies located in the San Francisco Bay Area. Not interested in me-too businesses.

Technology 132

Technology Seed Stage San Francisco Limited Partner 132

K9 Ventures

JULY 19, 2012

K9 Ventures started investing in 2009 with our first fund, K9 Ventures, L.P., which was a $6.25M fund designed to be deployed over 3-4 years, making initial investments between $100K – $250K in concept and seed stage technology companies located in the San Francisco Bay Area. Not interested in me-too businesses.

Technology 132

Technology Seed Stage San Francisco Limited Partner 132

Seeing Both Sides

SEPTEMBER 15, 2015

Only a handful of so-called unicorns — companies that have achieved a valuation of over $1 billion in the last 10 years — come from Israel, and only one Israeli firm, Teva, ranks in the world’s 500 largest companies by market capitalization. to assist with the local go-to-market approach. But is all of that changing?

Cofounder 20

Cofounder Technical Review United States 20

rapidrollout.wordpress.com

OCTOBER 23, 2010

Or you can find seed-stage investors who will give you the money to hire a developer. That’s why you need to be looking for seed-stage investors at the same time as technologists. Until your wireframe is done, it’s too early to talk to developers or potential investors. You have two avenues open to you.

Technical Review 40

Technical Review Fractional CTO Partner CTO Hire 40

Steve Blank

AUGUST 27, 2009

Ironically, the model is a good fit when launching a new product into an existing , well-defined market where the basis of competition is understood, and its customers are known. We had no clue what our market was when we first started. We’ll look at the model stage-by-stage. None of mine did.)

Silicon Valley 260

Silicon Valley Product Startup Product Development 260

Ben's Blog

APRIL 7, 2021

As companies and cities wrestle with the future of work, future of cities, and future of tech made possible in a post-COVID future, the question is whether it also impacts — and presents an opportunity to address — one of the greatest problems of our time: the unequal distribution of economic opportunity across the United States.

Silicon Valley 36

Silicon Valley Non-Compete San Francisco Government 36

steveblank.com

JULY 8, 2011

Home Books for Startups Guide Secret History-Bibliography Steve Blank Startup Tools Steve Blank Entries RSS | Comments RSS Email Subscription Get Steve Blank via your RSS Feed RSS - Posts RSS - Comments Categories Air Force (12) Ardent (10) Audubon (1) Big Companies versus Startups: Durant versus Sloan (39) Business Model versus Business Plan (..)

Software Review 110

Software Review Startup Silicon Valley Analytics 110

Jeff Hilimire

AUGUST 30, 2013

While I’ve loved working in digital marketing, I’ve always wanted to try my hand at building software for actual people rather than for companies. David Cummings , who last year sold his marketing automation startup for $95 million, will launch a “mobile app studio.” and The Coca-Cola Co.,

Atlanta 77

Atlanta B2C Georgia Los Angeles 77

Both Sides of the Table

MARCH 6, 2011

He was raising money initially in the worst market in a decade (we met in 2008), he’s in his mid-40′s, is doing a mom’s site (he has no kids) and he has a JewFro. He noticed their extremely social tendencies and the potential of a very large market. We talk about all of this in the video. I completely disagree.

Valuation 292

Valuation Deal Flow Lead Investor Cofounder 292