Genuine VC

JANUARY 3, 2013

According to all of the blogosphere chatter over the past month, seed-funded internet startups are entering this year gearing up for the now-near-infamous Series A Crunch. The nuance which isn’t being recognized is that most of the companies of this latter profile, while viable businesses, aren’t venture-scale businesses.

Seed Stage 166

Seed Stage Venture Capital Audience New York 166

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. Threshold for an IPO is higher Ten years ago, if you had $20M in revenue you were ready to go public.

Mezzanine 134

Mezzanine Seed Stage Early Stage IPO 134

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. Temper your approach based on the stage of your startup.

Cost 120

Cost Angel Groups Due Diligence Silicon Valley 120

techcrunch.com

OCTOBER 13, 2012

He is on the board of the Angel Resource Institute, and is a partner with Montlake Capital (a late stage growth capital fund) and with Revenue Capital Management (a royalty based lender). 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

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

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

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. In addition it is much easier to get distribution than it was in the pre Facebook, pre iPhone world. This led to an explosion in startups.

Venture Capital 296

Venture Capital Software LP Early Stage 296

Steve Blank

AUGUST 27, 2009

Yet we used the product development model not only to manage product development, but as a road map for finding customers and to time our marketing launch and sales revenue plan. We’ll look at the model stage-by-stage. The distribution discussion also leads to some assumptions about pricing.

Silicon Valley 260

Silicon Valley Product Startup Product Development 260

Jeff Hilimire

AUGUST 30, 2013

One inhibiting factor is Atlanta’s community of angel investors and venture capital firms, many of whom have little experience with B2C startups. Backed by his $5 million Atlanta Ventures fund, Cummings hopes to “de-risk” such investments. “We just need more successful B2C companies to take advantage of the talent,” he said.

Atlanta 77

Atlanta B2C Georgia Los Angeles 77

Steve Blank

FEBRUARY 26, 2020

There are two reasons to raise money: You have a killer idea that is only partially validated, that you think can get to $50M+ of revenue in 5 years with 80%+ gross margins (if margins are lower, you need a lot more revenue)and you need money to get to product-market fit, or. Pre-seed Round of Funding.

Cofounder 429

Cofounder Seed Stage Valuation Metrics 429

A Smart Bear: Startups and Marketing for Geeks

JULY 24, 2012

It’s quite simple, which is when you had systems where you had limitations on distribution or transportation of products, it enabled you to operate with a certain cost structure. or an MSN or an AOL in terms of portal distribution. of companies should never raise venture capital. So VCs invest in different stages.

Silicon Valley 204

Silicon Valley Software Review Internet Technical Review 204

Gust

OCTOBER 20, 2011

Individual accredited investors in typical angel deals put personal capital at risk for an equity share of growth-oriented, start-up companies. In 2011, the valuation of pre-revenue, start-up companies is typically in the range of $1.5–$2.5 As can be seen the average (mean) pre-money valuation for recent pre-revenue deals is $2.1

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

rapidrollout.wordpress.com

OCTOBER 23, 2010

Or you can find seed-stage investors who will give you the money to hire a developer. You’re asking someone to take a chance that with the code they deliver you can get funding or gain some revenue traction. That’s why you need to be looking for seed-stage investors at the same time as technologists.

Technical Review 40

Technical Review Fractional CTO Partner CTO Hire 40

David Teten

MARCH 18, 2021

Thirty-four VC firms in OpenVC call themselves “early-stage” Yet, 30% of those don’t actually invest in pre-revenue startups. of venture capital deals. Those companies have garnered only about 2% of all capital invested. The phrase is quite ambiguous. 1) Industry funds.

Technical Review 78

Technical Review Cofounder Venture Capital Deal Flow 78

Seeing Both Sides

SEPTEMBER 15, 2015

To answer these questions, we built a database of 112 Israeli companies founded between 1996 and 2013 that have met or exceeded $20 million in revenue. Understanding the market and establishing product/market fit is a critical seed-stage milestone. What are the challenges and lessons of scaling up?

Cofounder 20

Cofounder Technical Review United States 20