Startup Professionals Musings

JANUARY 27, 2021

Groups of angels may syndicate multiple individual amounts, but if your total request exceeds $1 million, you need to focus on the venture capital alternatives. That means you need to lead with your credentials, rather than your disruptive technology. Early stage research and development won’t excite angels.

Search 317

Search Accredited Investor Angel Investor Venture Capital 317

Startup Professionals Musings

AUGUST 29, 2020

Most metropolitan areas have groups of local high-net-worth individuals interested in supporting startups, and willing to syndicate amounts up to a million dollars for qualified startups. These are government funds allocated to support new technologies and important causes, like education, medicine, and social needs.

Equity 436

Equity Small Business Administration SBA Syndicate 436

David Teten

JANUARY 19, 2021

Seed-stage compatible: Like traditional equity VC investors, Flexible VCs accomodate early-stage investment risk within their portfolios better than a traditional RBI funder. Coinvestors: Flexible VC terms have not been standardized, which may make the investment harder to syndicate. Technology-centric businesses.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

YoungUpstarts

JANUARY 21, 2014

2014 will be a formative year for new business owners and early-stage entrepreneurs. And finally, in Darwinian fashion, competition for market share amongst the venture capitalists as a result of increased numbers of angel investment syndicates will clear the decks of the low-value add venture capital dollars.

Entrepreneur 210

Entrepreneur Startup Balance Sheet Non-Compete 210

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

David Teten

MARCH 14, 2018

Coinvestors need to figure out ways to prioritize themselves in a VC’s preference stack for syndicating opportunities. – Syndicate Special Purpose Vehicles (“SPVs”) for specific opportunities. For more on this, see The 9 Steps of Using Technology to Improve Investing in Private Companies. – Go public.

Private Equity 60

Private Equity Venture Capital Equity Cofounder 60

David Teten

SEPTEMBER 23, 2017

VCs tout themselves as frontier technology investors, but most are using the same infrastructure tools they have used for the past 20+ years: Excel and recent college grads searching Google. According to Knowledge.VC , under 5% of US VCs have a full-time team member focused on technology. . But we’re doing it slowly.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

ReadWriteStart

NOVEMBER 19, 2010

I have seen this criticism at various places where this recap is syndicated on a weekly basis, as well as in certain random forums on the internet. Well, I have coached early stage entrepreneurs for a couple of years now - diligently, patiently - and have learned a few things. You can register for the next roundtable here.

Silicon Valley 114

Silicon Valley Technical Review Startup Early Stage 114

Up and Running

JUNE 14, 2010

VCs needed to invest hundreds of millions of dollars every couple of years, and liked to go into groups and syndications, which meant they wanted deals for a few millions dollars. He says, summarizing the Giga Om post: Unlike traditional VCs, super angels actively invest in seed stage companies.

Disintermediation 66

Disintermediation Venture Capital Angel Investor Seed Stage 66

Haystack

JULY 15, 2018

“Fascinating, I need to think about it…” – Being an early-stage investor, I do encounter amazing people building entirely new things I have not even conceived. Occasionally here, I’ll make a smaller investment to start and help syndicate.

Founder 60

Founder Syndicate Syndication Deal Flow 60

Rob Go

APRIL 19, 2017

Recently, I’ve been spending a fair bit of time with a number of the new early-stage investors in Boston. As more early-stage investors emerge in Boston, some folks have asked me whether I feel any discomfort around the many new “competitors” on the scene. There are a lot of new folks in the space.

Early Stage 34

Early Stage Boston Artificial Inteligence Term Sheet 34

Startup Professionals Musings

OCTOBER 5, 2015

I challenge any entrepreneur, for example, to define the difference between "seed-stage" and "early-stage" financing. Asking for early-stage money before you have customers and revenue will likely kill your credibility with real investors. Yet, knowing this distinction is important.

Seed Stage 120

Seed Stage Finance Early Stage Startup 120

thebarefootvc

MAY 8, 2012

If there is an opportunity to bring in a syndicate partner that will add exponential value, it would be foolish to not include them. It is the downturns and bumps that separate the dedicated, long-term investors from passive ones — and entrepreneurs should keep this in mind as they build out their syndicates.

Venture Capital 78

Venture Capital Syndicate Syndication Bandwidth 78

Startup Professionals Musings

OCTOBER 10, 2018

Most metropolitan areas have groups of local high-net-worth individuals interested in supporting startups, and willing to syndicate amounts up to a million dollars for qualified startups. These are government funds allocated to support new technologies and important causes, like education, medicine, and social needs.

Entrepreneur 240

Entrepreneur Equity Small Business Administration SBA 240

Haystack

AUGUST 18, 2019

They’ve all accepted that this is a new world of capital abundance and that the pistons driving the global economy are technology and network effects. Back in 2017, Fred Wilson noted the strategic importance of the seed stage , writing: Seed is really hard. You lose way more than you win. You wait the longest for liquidity.

Seed Stage 108

Seed Stage Cap Table Early Stage Malaysia 108

Agile VC

DECEMBER 19, 2013

If ROI and asset allocation are the sole objective for an angel investor, then they may be best served investing in late stage startups via secondary markets or investing in a VC fund (if they have access to high quality funds) rather than trying to find and pick a bunch of early-stage startups to invest in.

Angel Investor 265

Angel Investor Early Stage Syndicate Syndication 265

Feld Thoughts

JANUARY 20, 2017

It provides an outlet for mentors to engage in their local startup communities and keep a pulse on emerging technologies. The AngelList funds will give mentors and alumni early investment access while providing companies with additional early stage capital. AngelList syndicates helps enable seed stage investing at scale.

Syndicate 70

Syndicate Syndication Seed Stage Vertical 70

David Teten

DECEMBER 3, 2019

When I met my now-wife, I realized that any technology that can find me a spouse is a killer app. I’d argue that the same type of technologies that have revolutionized dating can revolutionize our industry. . I walk through below how progressive investors are using technology and analytics throughout all of their operations.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Startup Professionals Musings

OCTOBER 12, 2014

Most metropolitan areas have groups of local high-net-worth individuals interested in supporting startups, and willing to syndicate amounts up to a million dollars for qualified startups. These are government funds allocated to support new technologies and important causes, like education, medicine, and social needs.

Entrepreneur 283

Entrepreneur Startup Equity Small Business Administration 283

This is going to be BIG.

JUNE 23, 2014

In my mind, uncertainty should never be a reason for an early stage investor to turn a deal down. I''ve been helping to syndicate a few opportunities lately and what has really surprised me was how wishy washy the turndowns were. Venture Capital & Technology' At the end of the day, my bet is that you''d rather get that.

Syndicate 133

Syndicate Syndication Venture Capital Early Stage 133

Haystack

DECEMBER 27, 2018

It’s not popular to admit, but I believe there’s really no way for very early-stage investors to control what deals they ultimately see. Luckily for me, it was early and it was a small fund — any mistake in there wouldn’t be a crater.

Portfolio 118

Portfolio Syndicate Syndication Flash 118

Startup Professionals Musings

FEBRUARY 16, 2015

Groups of angels may syndicate multiple individual amounts, but if your total request exceeds $1 million, you need to focus on the venture capital alternatives. That means you need to lead with your credentials, rather than your disruptive technology. Early stage research and development won’t excite angels.

Angel Investor 120

Angel Investor Accredited Investor Venture Capital Startup 120

Startup Professionals Musings

SEPTEMBER 25, 2016

Most metropolitan areas have groups of local high-net-worth individuals interested in supporting startups, and willing to syndicate amounts up to a million dollars for qualified startups. These are government funds allocated to support new technologies and important causes, like education, medicine, and social needs.

Equity 120

Equity Small Business Administration SBA Syndicate 120

Feld Thoughts

JUNE 3, 2011

We have a very clear thematic strategy that we’ve discussed openly, along with a few other key principles such as being willing to invest anywhere in the US and being syndication agnostic. At dinner we zoned in on all of the current activity in early stage tech.

Syndicate 129

Syndicate Syndication Distribution Early Stage 129

Austin Startup

FEBRUARY 1, 2011

mobileTech Tuesday special – A Podcast with Bril Flint, angel investor and technology strategist. A big thanks to AustinStartup.com for encouraging and syndicating this original, mobile-focused content - Steve Guengerich. Click on this link to open a new browser window taking you to the channel’s home page.

Angel Investor 77

Angel Investor Syndicate Syndication Curation 77

Austin Startup

FEBRUARY 28, 2019

Find out what the buzz is all about and make valuable connections with local investors who you can syndicate deals with. You should come along for the ride if you are interested in investing more in Texas technology and disruptive commerce companies and want to develop relationships with local investors who can be your deal flow.

Texas 50

Texas San Antonio Houston Dallas 50

This is going to be BIG.

MAY 29, 2012

You're going to want syndication partners on the deals you find and sounding boards on the thesis behind each of your potential investments. Early stage finds give you the opportunity to get exposure to the asset class without putting all your eggs in one basket. 2) Network with as many other angel investors as possible.

Angel Investor 118

Angel Investor Syndicate Syndication Portfolio 118

ConversionXL

MAY 27, 2022

Only around 10–15% of B2B leads turn into paying customers, and it’s because tactics optimizing for the early stages of the funnel only cater to early-stage goals. It’s their job to implement a holistic approach to growth that encompasses both marketing and sales and looks at every stage of the buyer’s journey. .

Demand 95

Demand Management B2B Campaign 95

Berkonomics

DECEMBER 17, 2020

Let’s take a few minutes to examine the kind of equity financing available to small or early stage businesses. In most cases, these applicants for equity funding must be rooted in technology to apply to this limited discussion. Some can supply more when syndicating with other such groups. Friends and family investors.

Equity 62

Equity Finance Liquidity Event Angel Groups 62

Austin Startup

MARCH 7, 2021

Texas is the most promising technology market in the United States. The University of Texas System is the third most innovative university in the world , behind only the University of California system and Massachusetts Institute of Technology in intellectual property patents.

Texas 90

Texas San Antonio Houston Dallas 90

Both Sides of the Table

AUGUST 1, 2010

There is a structural reason that VCs are investing at early stages, 2. Like Brad Feld I’m syndication agnostic but I have a slight preference toward working with others. I’ve written about it myself (Is VC Seed Funding Dead?) and (Is There Really a Signaling Problem with VC Seed Funding?).

Post-Money Valuation 298

Post-Money Valuation Term Sheet Warrant Partner 298

Agile VC

JULY 11, 2012

Technology Venture Investors [Silicon Valley] –> Claim to fame… sole VC investor in Microsoft, which turned out ok. Here’s a slightly perverse scenario… Acme Ventures starts out as an early-stage VC investing in US-based IT companies. they generate $400M in proceeds from that $100M).

Silicon Valley 240

Silicon Valley Carried Interest Cofounder Boston 240

Rob Go

JANUARY 8, 2014

We don’t invest in “syndicates A rounds” as our first point of entry into a company. We invest in companies that are early – we take the early stage risk and hope to be rewarded for that risk. Syndicates: We have a bias to lead rounds. Surprisingly few seed funds operate this way.

Syndicate 45

Syndicate Syndication Portfolio Advertising 45

Rob Go

JANUARY 7, 2013

Amidst the mass of new initiatives, new firms, new strategies, etc that constantly pop up in the early stage investing landscape, it’s helpful to have a clear articulation of what VC’s are focused on and how they see the world. Syndicate Composition: NextView + Seed Funds + Angels: 9. Premium Service: 5. Commerce: 5.

Portfolio 49

Portfolio Seed Stage Cofounder B2B 49

David Teten

FEBRUARY 3, 2014

I’ve shown below a case study of the geographic diversification of the largest late-stage technology venture capital / growth equity investors. These funds use a combination of cold-calling, travel, firm networks, paid expert networks, and technology to identify investment opportunities outside of their neighborhood.

Private Equity 114

Private Equity Venture Capital Technical Review Equity 114

Gust

OCTOBER 20, 2011

Furthermore, angel groups frequently syndicate (co-invest) with neighboring angel organizations in an effort to help fill round of investment for local companies and assist members in diversifying their portfolios with investments in nearby regions. Product/Technology 0-15%.

Valuation 146

Valuation Pre-Money Valuation Intellectual Property Technical Review 146

Women Entrepreneurs Can

MARCH 18, 2023

This helps them meet their investment partners’ expectations at acceptable risk levels while avoiding the risks of investing in industries or technology segments with no proven track records of success. Venture capitalists usually help startups in their early stages, called seed funding.

Artificial Inteligence 52

Artificial Inteligence Startup Early Stage Syndicate 52