David Teten

SEPTEMBER 23, 2017

Private equity and venture capital investors are copying our sisters in the hedge fund and mutual fund world: we’re trying to automate more of our job. Signal is a fundraising tool for founders run by NFX Guild, which identifies the most relevant VCs for you. . But we’re doing it slowly. Pitchbot.vc 3) Originate investments.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

David Teten

JANUARY 19, 2021

From RBI, Flexible VCs borrow the ability to reap meaningful returns without demanding founders build for an exit. Every Flexible VC structure allows founders to access immediate risk capital while preserving exit, growth trajectory, and ownership optionality. . Flexible VC 102: Variations.

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. For those would-be entrepreneurs debating the startup leap? More non-professional investors will become angel investors and entrepreneurs will benefit from their domain expertise. Now, how do we become successful founders? 99 Problems?

Entrepreneur 210

Entrepreneur Startup Balance Sheet Non-Compete 210

View from Seed

SEPTEMBER 4, 2018

Most of these rhyme with what we’ve said in the past, but some have also evolved to fit the changing landscape and our own convictions about what really matters for founders and their investors at the seed stage. Belief #1: The best time to invest is early. And by early, we mean pre-traction. This is not what Nextview is about.

North America 120

North America Seed Stage Early Stage Lead Investor 120

Haystack

JULY 15, 2018

I understand entrepreneurs would like to know the outcome of a decision at a meeting or soon thereafter — and sometimes that can happen — but sometimes it takes a while for things to take shape. ” Here, the onus is on me to re-engage with the founder and ask for their time. I will meet a founder with great potential.

Founder 60

Founder Syndicate Syndication Deal Flow 60

This is going to be BIG.

JUNE 16, 2014

It''s also not the best way to create a helpful syndicate of investors that share the founder''s vision for the company. If all my deals came as intros from trusted connections that I know for years versus at founder pitch events that''s interesting data. Fear not, founders. The first thing I did was trace my sources.

Venture Capital 162

Venture Capital Syndicate Syndication Founder 162

David Teten

JULY 12, 2017

The purest example of this are VCs whose strategy is almost exclusively to coinvest, e.g., some of the funds managed by Alpha Venture Partners , Connectivity Ventures Fund , Correlation Ventures , Proof.VC , and Service Providers Capital. They are comfortable with others taking the lead. . Market Insight.

Syndicate 60

Syndicate Syndication Institutional Investors LP 60

Feld Thoughts

JUNE 10, 2022

Sometimes, given your syndicate configuration, you have no choice but to take structure in a new round. But if you can do a clean financing at a lower price, I always think that’s a better option for everyone (founders, employees, and existing investors.). So, as an entrepreneur, I encourage you to deal with reality.

Down Round 162

Down Round Ratchet Liquidation Preference Participating Preferred 162

Rob Go

SEPTEMBER 4, 2018

Most of these rhyme with what we’ve said in the past, but some have also evolved to fit the changing landscape and our own convictions about what really matters for founders and their investors at the seed stage. Belief #1: The best time to invest is early. And by early, we mean pre-traction. This is not what Nextview is about.

North America 36

North America Seed Stage Early Stage Lead Investor 36

Both Sides of the Table

APRIL 27, 2014

I was having dinner with a friend last night and we were chatting about venture capital and a bit about what I’ve learned. Of course these are great places to network with other investors, meet great entrepreneurs and keep your connections strong with senior execs at larger companies like Yahoo!, Co-founder discontent.

Cofounder 374

Cofounder Syndicate Syndication Early Stage 374

OnlyOnce

FEBRUARY 9, 2022

On the heels of the announcement we made last month about our Series B financing , we are now announcing the launch of a new program called Bolster Prime and a new venture capital fund called Bolster Ventures. The roots of Bolster Prime and Bolster Ventures pre-date the founding of Bolster. What about the middle?

Silicon Valley 62

Silicon Valley Venture Capital Cap Table Early Stage 62

Startup Professionals Musings

OCTOBER 5, 2015

Even if you work every day in the world of new-venture funding, as I do, the options are confusing, and their meanings seem to change on a regular basis. I challenge any entrepreneur, for example, to define the difference between "seed-stage" and "early-stage" financing. A micro venture capital firm.

Seed Stage 120

Seed Stage Finance Early Stage Startup 120

Pascal's View

JULY 9, 2017

Andrew Krowne and I recently co-wrote an article in Tech Crunch , Why SAFE Notes Are Not Safe for Entrepreneurs. At its core, this issue points to the lack of understanding about the importance of post-money valuation by both entrepreneurs and investors. Many entrepreneurs lose track of what they have been cooking up in the cap table.

Post-Money Valuation 49

Post-Money Valuation Valuation Cap Table Covenant 49

Version One Ventures

APRIL 8, 2014

Thus, it should come as no surprise that we are now seeing Venture Capital being disrupted by these forces as well. In his post The Disruption of Venture Capital , Albert Wenger described VC as “the club you had to be invited into.”. Enter Mattermark: where “Big Data Meets Venture Capital”.

Venture Capital 160

Venture Capital Vertical Curation SEC 160

This is going to be BIG.

MARCH 3, 2014

This goes for founders, employees and investors alike. Will the entrepreneur count that investor among their most helpful? Would the entrepreneur enthusiastically include them in the syndicate of their next venture? There are a lot of founders with questionable records, too. Venture Capital & Technology'

Syndicate 124

Syndicate Syndication Venture Capital Valuation 124

Austin Startup

MARCH 7, 2021

It seems like every day there is a new headline about an exceptional startup founder, investor, or corporate headquarters moving to Texas. It’s like a dam has broken and now there is a flood of new entrepreneurs, investors, and big companies moving to Texas. Startups and investors should treat Texas like one big city. Joe Lonsdale.

Texas 90

Texas San Antonio Houston Dallas 90

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. In a world of The Funded, VentureHacks and entrepreneur blogs this kind of informations spreads like wildfire.

Venture Capital 265

Venture Capital Term Sheet Early Stage Silicon Valley 265

VC Cafe

JULY 27, 2017

My own fascination with podcasts began with a warm recommendation from Pablo (founder of Antidote ). It is often available for subscription, so that new episodes are automatically downloaded via web syndication to the user’s own local computer, mobile application, or portable media player. The third wave of podcasting.

Audio 109

Audio Silicon Valley Curation Cofounder 109

This is going to be BIG.

JANUARY 21, 2010

Interestingly enough, I thought more people started taking part in the conversation who weren’t on Hot Potato because they now knew their thoughts were being syndicated to an app where more people were talking about the event. A less product-focused entrepreneur would not have been able to make that call.

Product 68

Product Hockey Stick Entrepreneur Syndicate 68

Agile VC

APRIL 27, 2012

We love meeting entrepreneurs who take this blank canvas approach when thinking about disrupting markets. My partner David recently wrote about how investors tend to bring their own inherent biases (both good and bad) into pitch meetings with entrepreneurs. Im a former Silicon Valley entrepreneur turned East Coast VC.

Silicon Valley 124

Silicon Valley Seed Stage Syndicate Syndication 124

Professor VC

APRIL 1, 2010

was part of a Dow Jones VentureWire webinar last week titled Negotiating An Angel Deal: What Angels, Entrepreneurs & VCs Need to Know. I let him know that he just accomplished two things - left a bad taste with the entrepreneur and opened the door for the next investor to ask for a multiple preference that is senior to yours.

Term Sheet 32

Term Sheet Angel Investor San Jose Venture Capital 32

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. The tour starts in Dallas on June 4 and ends in Austin on June 6 with an epic 10 year birthday party for Capital Factory! Venture Capitalists and Family Offices from around the U.S. Who should come on the bus?

Texas 50

Texas San Antonio Houston Dallas 50

This is going to be BIG.

SEPTEMBER 30, 2010

We’ve also got some serious sector expertise in the syndicate, including the founders of SeamlessWeb and Restaurant.com. We’re seeing more and more of these types of stories—where NYC success stories like SeamlessWeb are begetting new entrepreneurs, new angels, and new opportunities.

Syndicate 104

Syndicate Syndication Venture Capital Social Network 104

Both Sides of the Table

AUGUST 1, 2010

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. Many firms do it in a way that can be more detrimental to entrepreneurs.

Post-Money Valuation 298

Post-Money Valuation Term Sheet Warrant Partner 298

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. . Small investment firms often have interns and entrepreneurs in residence passing through, each of which is a security risk. 3) Raise capital. 2) Market .

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Feld Thoughts

AUGUST 2, 2010

They are: Fred Wilson: Lead Investors, Dipshit Companies, and Funding Every Entrepreneur. And importantly, Mark encourages all entrepreneurs to make sure they understand a VC’s seed strategy before taking money, which I strongly agree with. At Foundry Group, we describe ourselves as being “syndication agnostic&#.

Angel Investor 152

Angel Investor Cofounder Syndicate Syndication 152

Professor VC

JULY 25, 2013

Mike Markkula presenting Steve Jobs with first investment in Apple I recently watched an excellent documentary on PBS, Something Ventured: Risk, Reward, and the Original Venture Capitalists. This is the feeling you get from watching the venture capitalists talk about the entrepreneurs and other investors in the film.

Term Sheet 46

Term Sheet Silicon Valley Syndicate Syndication 46

VC Cafe

JULY 27, 2017

My own fascination with podcasts began with a warm recommendation from Pablo (founder of Antidote ). It is often available for subscription, so that new episodes are automatically downloaded via web syndication to the user’s own local computer, mobile application, or portable media player. The third wave of podcasting.

Audio 60

Audio Curation Silicon Valley Media 60

Professor VC

JANUARY 17, 2008

I think the title of this post is a TV show, but fitting as there has been much debate in the venture community as to the whether angel investors are good or bad for entrepreneurs and VCs. One of my comments was that we would likely see more institutionalization of angel groups and syndication of deals among groups.

Pre-Money Valuation 28

Pre-Money Valuation Angel Investor Angel Groups Valuation 28

Berkonomics

DECEMBER 17, 2020

Each has a process in place to accept applications or recommendations for investment into new companies, and to review these and make decisions based upon their exploration, previous experience in the field, knowledge of the company or industry, or about individual entrepreneurs. Some can supply more when syndicating with other such groups.

Equity 62

Equity Finance Liquidity Event Angel Groups 62

Rob Go

SEPTEMBER 2, 2014

When we started NextView, there were relatively few seed focused venture capital funds in the country, even fewer on the east coast, and almost none in the Boston area. As I’ve blogged about in the past, there are positives and negatives to this strategy, but it is a viable option to some founders. New Competition.

Cram Down 66

Cram Down Institutional Investors Dilution Seed Stage 66

Both Sides of the Table

FEBRUARY 25, 2010

A reminder that it is important for all entrepreneurs is to remember to be careful about “deal drift.” We were trying to optimize around a few criteria: price, size of round, number of syndicate partners and, of course, terms. It quickly became impossible to raise venture capital. Yes, this was stupid. I was resolute.

Technical Review 301

Technical Review Term Sheet Due Diligence Venture Capital 301

Babbling VC

JANUARY 7, 2011

I personally believe that one of the major drawbacks to venture capital in Europe is chronic under-financing and people skirt around this issue. You could say the entrepreneurs aren't thinking big enough and hence aren't selling a vision worth financing with larger rounds. This I believe also comes down to mindset.

Finance 76

Finance LP Europe Valuation 76

Rob Go

OCTOBER 21, 2013

I’ve been hearing a similar lament recently from founders of seed stage companies. What they’ve found is that it’s reasonably effective to hang-around-the-hoop as a deal is coming together, and pounce once a high-quality syndicate seems to be forming. Here’s what I make of it. Investors make good decisions.

Seed Stage 53

Seed Stage Due Diligence Early Stage Syndicate 53

Rob Go

JANUARY 7, 2013

As a founder, it feels like a long time, but it’s really a blip on the radar in the scheme of things. The fact that each member of our team has worked at larger, institutional venture capital firms is an important asset. Founders: Repeat Founders: 8. First Time Founders: 9. Tom Brady Entrepreneurs: 8.

Portfolio 49

Portfolio Seed Stage Cofounder B2B 49

Agile VC

JULY 11, 2012

I happen to be fascinated by the history of the VC industry, and one of the things we discussed at a recent offsite are the common threads behind the rise and fall of great venture capital firms. Should there be a notion of “founder equity” for those individuals who put in the hard work to start a firm and build the brand?

Silicon Valley 240

Silicon Valley Carried Interest Cofounder Boston 240

David Teten

FEBRUARY 3, 2014

Prior to joining ff Venture Capital , I published the first-ever study of how private equity and venture capital funds originate new investments, with my coauthor Chris Farmer , CEO of SignalFire and an experienced VC. ff Venture Capital. First Round Capital. Acquirer/ Investor. 2009) [ii].

Private Equity 114

Private Equity Venture Capital Technical Review Equity 114