Mucker Lab

AUGUST 27, 2014

For the last couple of years, I’ve been investing in startups as a partner at Mucker, while spending a lot of time in the Valley working with potential co-investors and partners. Encyclopedic knowledge of term sheets and startup buzzwords can be quickly learned, trained, and packaged. Diversity” and “Domain Experience”.

Los Angeles 138

Los Angeles Southern California Silicon Valley Technical Review 138

The Next Web

SEPTEMBER 13, 2013

But the problem with this is that most VCs in the Valley, especially early stage ones, only like to invest in companies that are within driving distance from their offices. The venture capital landscape in Asia is varied and complex, as most of the active firms on the continent are concentrated in just a few areas.

Asia 132

Asia Silicon Valley India Term Sheet 132

David Teten

AUGUST 19, 2019

I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance.

Revenue 60

Revenue Technical Review Software Review Equity 60

Rob Go

SEPTEMBER 4, 2018

It occurred to me that although we mentioned our new thematic approach when we raised our last fund in 2017, we haven’t really shared a broader manifesto about how we are approaching the early stage market. 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

Version One Ventures

AUGUST 28, 2019

The venture capital market has become very noisy over the past few years, especially on the early-stage side. Entrepreneurs have an increasing amount of financing options – that’s good news, but it also makes it harder to choose the right partners for your journey.

Founder 109

Founder Term Sheet Early Stage Venture Capital 109

Startup Company Lawyer

MARCH 14, 2010

Founders Institute Plain Preferred Term Sheet (by WSGR – disclaimer, I represent the Founders Institute and was involved in drafting this document). If you don’t, please educate yourself on this site, Venture Hacks and the term sheet series by Brad Feld/Jason Mendelson, among other places. “ .

Finance 70

Finance Software Review Term Sheet Liquidation Preference 70

www.bothsidesofthetable.com

MAY 13, 2012

Raising Venture Capital. He joined GRP Partners in 2007 as a General Partner after selling his company to Salesforce.com. He focuses on early-stage technology companies. Raising Venture Capital (12). Raising Venture Capital (12). Term Sheets (1). Start-up Advice.

Fractional VPE 89

Fractional VPE Part-Time VPE Fractional CTO CTO Hire 89

This is going to be BIG.

FEBRUARY 27, 2022

Besides, there were a limited number of places where I could do my job in venture capital anyway—and while I might be a go to for a pitch from super early stage pre-seed and seed founders looking for quick answers and decisive term sheets in New York City, the reality is that I would be pretty far down the list in the Valley.

Ukraine 128

Ukraine Russia Cap Table New York City 128

Both Sides of the Table

APRIL 3, 2010

This is part of my ongoing series on Understanding Venture Capital. I recently wrote a blog post on understanding how the size and age of a venture capital fund might affect you when you’re raising money. We used the Y Combinator open source term sheet. And they don’t. We took the $500k.

Venture Capital 265

Venture Capital Term Sheet Early Stage Silicon Valley 265

Both Sides of the Table

APRIL 17, 2012

Think about venture capital. So many had names of partners (Kleiner Perkins) or local favorite identifiers like trees (Sequoia). But if you were going to start a venture capital fund today, you’d want to stand out. Some Other Thoughts on Branding / Positioning.

Community 304

Community Los Angeles Startup Silicon Valley 304

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. . But, most of use raise capital and source deals the same way people looked for dates 20 years ago: by networking at conferences (or bars). . But in business, you want a lot of partners.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Altgate

JANUARY 4, 2009

His company is doing well and recently received a couple of term sheets for his first institutional round. But it’s not so far fetched though that layoffs will soon be coming to venture capital. This must be really affecting you badly…how many people have you had to layoff here?&#

Venture Capital 28

Venture Capital Term Sheet Private Equity Early Stage 28

Gust

OCTOBER 8, 2014

There weren’t a lot of seed funds in 2007 so this was often done by angels, funding consortia or sometimes early-stage funds that existed then (First Round Capital, True Ventures, SoftTech VC, etc.). Invested Interests cap table venture capital' I saw this myself a few times in a row. Reblogged via [link].

Cap Table 136

Cap Table Silicon Valley Term Sheet Non-Compete 136

Rob Go

JULY 17, 2014

We’ve often explained to entrepreneurs that the second fund of a venture firm is very much like the series A for an early stage company. For a seed stage venture capital firm, product/market fit comes down to two questions. First, the seed and early stage market continues to evolve.

Seed Stage 69

Seed Stage Early Stage Due Diligence Liquidity Event 69

Startup Lessons Learned

MAY 31, 2019

Scott Kupor is the managing partner at Andreessen Horowitz, where he’s responsible for all operational aspects of running the firm. I caught up with him recently to talk about venture capital from both sides of the equation, investing for the long-term, missed opportunities, and how he gets good ideas. ** Let's start with something basic.

Lean 108

Lean Venture Capital Conversion IPO 108

David Teten

JULY 20, 2011

Boillot , Susan Klein , and Ed Reitler of Reitler Kailas & Rosenblatt did a great job representing me in finalizing the terms of my joining ff Venture Capital. Clarify how work responsibilities will be shared between partners and associates at the firm. Cash is like oxygen in early stage companies.

Intellectual Property 128

Intellectual Property Entrepreneur Term Sheet Venture Capital 128

Both Sides of the Table

FEBRUARY 25, 2010

We had many term sheets (it was 1999 and we had a pulse) and we were deciding which one to take. We were trying to optimize around a few criteria: price, size of round, number of syndicate partners and, of course, terms. We ended up agreeing a term sheet for $16.5 Anybody who didn’t close was dead.

Technical Review 301

Technical Review Term Sheet Due Diligence Venture Capital 301

Both Sides of the Table

AUGUST 1, 2010

There is a structural reason that VCs are investing at early stages, 2. Many (Union Square Ventures, Foundry Group, True Ventures, GRP Partners, Mike Hirshland at Polaris Ventures) do it the right way – we treat it as a normal investment and we don’t have a “options&# strategy with our investment.

Post-Money Valuation 298

Post-Money Valuation Term Sheet Warrant Partner 298

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.” But the larger funds usually have lower returns because they are often investing bigger dollars at later stages with less risk and therefore lower returns. The second is not. Shame on you.

LP 374

LP Later Stage IRR Term Sheet 374

This is going to be BIG.

SEPTEMBER 1, 2010

Sure, there will always be another investor who hears that you’ve got a term sheet that is willing to one-up it on price, but it’s really hard to get that first one in the pool. When you see all these seed stage investors debating on Twitter and blogs what structures they support, take it for what it is—a marketing exercise.

Equity 104

Equity Term Sheet Seed Stage Angel Investor 104

Professor VC

APRIL 7, 2011

My partner in Menlo Incubator , Gary Kremen , and I had a recent debate on which one of us hates convertible debt more. From my experience, negotiating debt deals with an experienced investor will result in a number of the same terms and wont save much (if anything) on legal fees. The Most Important Venture Capital Statistic.

San Jose 36

San Jose Technical Review Angel Investor Valuation 36

Genuine VC

MARCH 25, 2010

I had coffee with an entrepreneur friend the other day who is in the early stages of putting a company together, and he recounted how his informal conversations with a venture capitalist had quickly escalated into a full partner pitch in just a few weeks.

Early Stage 123

Early Stage Venture Capital Term Sheet Conversion 123

Genuine VC

MARCH 25, 2010

I had coffee with an entrepreneur friend the other day who is in the early stages of putting a company together, and he recounted how his informal conversations with a venture capitalist had quickly escalated into a full partner pitch in just a few weeks.

Early Stage 121

Early Stage Venture Capital Term Sheet Conversion 121

K9 Ventures

JUNE 30, 2016

Every few weeks one of the founders of K9 Ventures’ portfolio companies forward over an email they’ve received from a “Partner” at a VC firm. Before you go any further, go read this post: Partner, Partner, Partner. Partner. <Firm Can we schedule an introductory call this week?

Email 96

Email Database Term Sheet Partner 96

Eric Friedman

AUGUST 18, 2021

I lovingly call him the curmudgeon of fintech – in this episode we go deep into how he is building a venture capital firm and practice, not just running a fund and how he views the world of fintech investing. Today, we are lucky to welcome Dan Kimerling of Deciens Capital. Venture Capital is not a complicated business.

Silicon Valley 88

Silicon Valley Venture Capital Cofounder Africa 88

Professor VC

JANUARY 20, 2009

The Most Important Venture Capital Statistic. The funding search began the day after Labor Day and continued throughout the fall as the environment continued to worsen, and resulted in a term sheet the day before Thanksgiving. We decided to raise some venture debt as an insurance policy and extend our cash runway.

Venture Capital 28

Venture Capital Silicon Valley San Jose Bootstrapping 28

Startup Professionals Musings

MARCH 12, 2023

Too many entrepreneurs tell me they are looking for an investor, and can’t differentiate between venture capital (VC) investors versus accredited angel investors. The amounts from angels start as low as $25K, while minimum venture capital amounts usually start in the $2M range. In fact, the reality is quite the opposite.

Angel Investor 246

Angel Investor IRR Venture Capital Valuation 246

Genuine VC

MAY 20, 2013

Compared to most other areas of finance, venture capital is practiced as more of an art, as opposed to a science. The art of venture capital also means that for entrepreneurs raising it, there isn’t one definitive playbook which can be used as a guide. MYTH: Goal of entrepreneur’s VC fundraising is a term sheet.

Venture Capital 244

Venture Capital Cap Table Portfolio Early Stage 244

Steve Blank

NOVEMBER 5, 2009

Unfortunately in early stage startups the drive for financing hijacks the corporate DNA and becomes the raison d’etre of the company. What are Early Stage VC’s Really Asking? Did the partner have a good or bad day, etc. Did the VC’s like your team ? Do they believe you have a big enough vision and market.

Customer Development 262

Customer Development Developer Customer Silicon Valley 262

BeyondVC

OCTOBER 13, 2004

I was speaking with a friend of mine today who mentioned that his term sheet for his Series A round fell through. Rather than leave this open to chance, the VC and the early stage company did the right thing and decided to clean up the ambiguity. Today, the IP is about to get assigned in the proper manner.

Software Review 60

Software Review Intellectual Property IP Due Diligence 60

Both Sides of the Table

JANUARY 16, 2012

And I also now have to raise money myself, but this time from bigger institutions that our industry calls LPs (limited partners). As with any sales campaign you need to: Qualify your buyers early so you focus your scarce resources on people likely to buy your product. Partners make investment decisions. Meet early.

Developer 366

Developer Silicon Valley PR Las Vegas 366

Startup Professionals Musings

JUNE 13, 2020

Too many entrepreneurs tell me they are looking for an investor, and can’t differentiate between venture capital (VC) investors versus accredited angel investors. The amounts from angels start as low as $25K, while minimum venture capital amounts usually start in the $2M range. In fact, the reality is quite the opposite.

Angel Investor 314

Angel Investor Entrepreneur IRR Valuation 314

reidhoffman.org

NOVEMBER 12, 2013

× At Greylock , my partners and I are driven by one guiding mission: always help entrepreneurs. Neither is a particularly good backdrop for trying to raise capital, because. For early stage companies, it’s important to show that you’re on path, that you have prospects, and that you can get to your vision.

Entrepreneur 111

Entrepreneur Revenue Viral Networking 111

www.seriesseed.com

MARCH 2, 2010

Mahatma Gandhi I hesitate to use a quote from one of the greatest people ever to grace planet earth, and certainly the question of how to structure early stage investment is a laughable cause as compared to the rights that Ghandi (also a lawyer) fought to advance.  2) Redline - Series Seed Term Sheet (1 v.

Finance 58

Finance Term Sheet Equity Aggregator 58

Startup Professionals Musings

AUGUST 2, 2014

Too many entrepreneurs tell me they are looking for an investor, and can’t differentiate between venture capital (VC) investors versus accredited Angel investors. The amounts from Angels start as low as $25K, while minimum venture capital amounts usually start in the $2M range. In fact, the reality is quite the opposite.

Angel Investor 266

Angel Investor Entrepreneur Venture Capital IRR 266

abovethecrowd.com

APRIL 20, 2016

All Unicorn participants — founders, company employees, venture investors and their limited partners (LPs) — are seeing their fortunes put at risk from the very nature of the Unicorn phenomenon itself. About this same point in time, the journalists that focus specifically on the venture capital industry noted something quite profound.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

www.paulgraham.com

APRIL 28, 2010

4 ] Seed Funding Firms Seed firms are like angels in that they invest relatively smallamounts at early stages, but like VCs in that theyre companiesthat do it as a business, rather than individuals making occasionalinvestments on the side. Angels and even VC firms occasionally do this, but they alsoinvest at later stages.

Technical Review 76

Technical Review Startup Software Review Angel Investor 76