Both Sides of the Table

DECEMBER 7, 2014

In case you don’t know – as VCs we have have 2 sets of customers: LPs (limited partners) who invest money in our funds and entrepreneurs (who we in turn give money to and help support them in building businesses we hope will be valuable). I have gotten to the point where I consider many of my LPs friends.

Software Review 341

Software Review Customer Technical Review LP 341

Both Sides of the Table

JULY 23, 2014

There has been much discussion in the past few years of the changing structure of the venture capital industry. The rise of alternative sources of capital (crowd funding and the like). But it still takes VC to scale a business (thus large capital into industry winners like Uber, Airbnb, SnapChat, etc).

Technical Review 398

Technical Review Venture Capital Valuation Pre-Money Valuation 398

Steve Blank

FEBRUARY 10, 2016

Funding challenges and other issues founders face in the early days of starting up were the focus of interviews with the latest guests on Entrepreneurs are Everywhere , my radio show on SiriusXM Channel 111 (airing weekly Thursdays at 1 pm Pacific, 4 pm Eastern). Steve : And they wanted a bigger business than just a vent company.

Silicon Valley 120

Silicon Valley Ohio Columbus Entrepreneur 120

Both Sides of the Table

FEBRUARY 6, 2017

It was only a year ago that many in the Venture Capital industry were predicting that “winter was coming” and to be fair the author of this post was chief amongst them. While this it total FDI as opposed to just venture, it should give you an indication of the international trend. Baidu alone raised $3.2

Venture Capital 150

Venture Capital Saudi Arabia Kuwait Burn Rate 150

VC Adventure

OCTOBER 14, 2020

We strongly believe that fostering a mesh network model, which allows our network members to interact directly with one another, is the best way for all of us to learn, develop, and thrive together (vs the more traditional hub and spoke model that most firms end up falling into with partners as gatekeepers). So take this as a rough draft. .

Networking 99

Networking Technical Review Hiring North America 99

Steve Blank

MARCH 16, 2016

Founders can now access the largest pool of risk capital that ever existed –in the form of Private Equity (Angel Investors, family offices , Venture Capitalists (VC’s) and Hedge Funds.). At its core Venture Capital is nothing more than a small portion of the Private Equity financial asset class.

Liquidity Event 120

Liquidity Event Founder Liquidation Preference Venture Capital 120

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

Agile VC

OCTOBER 29, 2014

Most folks reading this will know that many startups were built in part with the help of venture capital. Most of the dollars a VC firm invests come from outside limited partner investors (LPs). FoFs take capital from institutions, wealthy families, and others, and then invest it in a basket of underlying VC funds.

Venture Capital 279

Venture Capital LP Private Equity Institutional Investors 279

www.xconomy.com

JUNE 9, 2012

Managing Director, Enterprise Partners. New San Diego VC Firm Emerges as ‘The Moneyball of Venture Capital’. Coats says the VC firm spent more than six years and invested millions of dollars to compile a database of key variables from more than 60,000 venture financing deals covering roughly 98 percent of all U.S.

San Diego 40

San Diego Venture Capital Technical Review San Francisco 40

thebarefootvc

JULY 3, 2017

One of the reasons I launched FuturePerfect Ventures in 2013 after 20 years in the tech industry was that I strongly believed we needed more women with decision making power on the VC side of the table to find and collaborate with the best entrepreneurs. They decide which VCs receive capital to invest in entrepreneurs.

LP 65

LP Technical Review Silicon Valley Limited Partner 65

Both Sides of the Table

APRIL 2, 2010

This is part of my series on Understanding Venture Capital. I’m writing this post to explain to entrepreneurs what you should be thinking about in terms of the VC’s you approach and the size and stage of their funds. And funds also have investments from the partners of the firm.

Venture Capital 269

Venture Capital Balance Sheet Early Stage Software Review 269

ReadWriteStart

JULY 19, 2023

In the fast-paced world of technology and venture capital, a new player has emerged, poised to significantly impact the startup ecosystem. Big Sky Capital, an early-stage venture capital firm , has recently announced the launch of its inaugural fund, with $20 million in capital commitments.

Kazakhstan 92

Kazakhstan Montana Venture Capital Miami 92

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. On Sushi and VC.

Silicon Valley 88

Silicon Valley Venture Capital Cofounder Africa 88

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. I believe that Revenue-Based Investing (“RBI”) VCs are on the forefront of what will become a major segment of the venture ecosystem. So what is Revenue Based Investing? of founders raise VC; the other 99.4%

Revenue 60

Revenue Term Sheet Founder Technical Review 60

Both Sides of the Table

JULY 16, 2010

The VC industry grew dramatically as a result of the Internet bubble - Before the Internet bubble the people who invested in VC funds (called LPs or Limited Partners) put about $50 billion into the industry and by 2001 this had grown precipitously to around $250 billion. Partners leave the industry. Here’s my take: 1.

LP 311

LP Technical Review Early Stage Silicon Valley 311

David Teten

AUGUST 15, 2013

1) Corporate Venture Capital. Most VCs (including ff Venture Capital ) collect money from independent limited partners in order to form their fund. Google provides a directory of resources for startups (both from Google and elsewhere) through their platform Google for Entrepreneurs. 4) Accelerators.

Startup 114

Startup Technical Support Venture Capital Balance Sheet 114

David Teten

DECEMBER 12, 2017

(written by Philipp von dem Knesebeck , Managing Partner, Blue Future Partners (bluefp.com, @bluefutureteam ), and David Teten ). Based on this paper, Blue Future Partners and PEVCTech recently completed a large-scale survey to find out which tools are most commonly used by venture capital firms.

Early Stage 60

Early Stage Technical Review Software Review Venture Capital 60

This is going to be BIG.

OCTOBER 5, 2012

Unlike a venture capital firm that states its criteria on its website and has forms, e-mail addresses, etc to encourage outreach, your site does a lot better job of saying "Go away!". The interesting thing is that being connected to wealth isn't necessarily a driver of good venture capital performance--why would it be?

LP 97

LP Venture Capital Technical Review Nebraska 97

Austin Startup

MARCH 15, 2021

While the Texas weather is preferable to New York City and the cost of living preferable to San Francisco, there are many more reasons that entrepreneurs are flocking to Texas. Thousands of entrepreneurs, programmers and designers gather day and night, in-person and online for meetups, classes and coworking.

Accredited Investor 106

Accredited Investor Texas San Antonio San Francisco 106

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

Steve Blank

JULY 15, 2010

If you take funding from a venture capital firm or angel investor and want to build a large, enduring company (rather than sell it to the highest bidder), this isn’t the decade to do it. The collapse of the IPO market and dysfunctional math in the venture capital community has stacked the odds against you. Here’s why.

Venture Capital 299

Venture Capital IPO Liquidity Event Entrepreneur 299

Steve Blank

JULY 2, 2009

Entrepreneur-in-Residence After SuperMac I had been approached by one of our venture investors to be an entrepreneur in residence (EIR), a Silicon Valley phrase which says one thing but means another. Depending on the size of the venture firm they may have one to three EIR’s who stay an average of a year or so.

Silicon Valley 120

Silicon Valley Technical Review RSS Software Review 120

This is going to be BIG.

JULY 8, 2013

I probably get around a dozen e-mails a week asking me how to get into venture capital. On top of that, anytime I talk to anyone who wants to get involved in startups but isn''t sure what they want to do, inevitably, I hear, "And then I was thinking maybe I should look into venture capital, too.". Few firms persist.

Venture Capital 167

Venture Capital Early Stage Portfolio Private Equity 167

David Teten

DECEMBER 24, 2015

At our firm, ff Venture Capital , we didn’t aim to go to Canada, but ended up there anyway. We’re a New York based early-stage venture capital firm. The question some of our limited partners ask us is, “Why?”. Another Canadian firm that’s attracted venture capital is InteraXon *, founded in 2007.

New York 60

New York Venture Capital Canada Silicon Valley 60

Both Sides of the Table

OCTOBER 12, 2014

People all across the value chain have taken notice including Limited Partners who are the people who invest in VC funds in the first place. The number of these groups that did “direct” investments in venture capital used to be relatively small. Much of this historically didn’t matter to entrepreneurs.

Technical Review 336

Technical Review Later Stage Early Stage LP 336

David Teten

JULY 25, 2017

We think coaching is a key lever for doing this, with our own team or through outside partners. A nalysis – One of the luxuries of being a VC is that we have a larger data set than most entrepreneurs of performance. Based on our data set, we help our entrepreneurs measure, understand, and report their performance.

Portfolio 60

Portfolio Technical Review Private Equity Database 60

Feld Thoughts

OCTOBER 15, 2020

The Foundry Network , as we’ve been calling it, encompasses founders, CEOs, executives, general partners of our underlying venture capital fund investments, limited partners (our investors as well as other investors in the funds we have investments in), and other members of our ecosystem.

Networking 176

Networking Hiring North America Venture Capital 176

The Startup Magazine

MARCH 22, 2019

Most entrepreneurs are aware that securing investments in their companies could be essential to the short-term growth and long-term success of their venture. It can often be confusing to know which investment type might work best for an entrepreneur and business. Venture capitalists are primarily members of firms.

Angel Investor 121

Angel Investor Venture Capital Accredited Investor Equity 121

Both Sides of the Table

NOVEMBER 9, 2014

Generally speaking in venture capital financings the legal documents will specify that only “major investors” (a threshold set in the agreement – which can be $500,000 investor or more). Does he blog about venture capital and try to advise entrepreneurs? Has written a book on venture capital.

SEC 352

SEC Venture Capital Early Stage Cofounder 352

The Next Web

MARCH 8, 2014

Jason Lemkin is the Managing Director at Storm Ventures , a venture capital firm focusing on early-stage enterprise and IT companies, including MobileIron , Marketo and GuideSpark. From the standpoint of a founder, the life of a venture capitalist can seem very, very different. Entrepreneur Analysis and Opinion'

Partner 138

Partner Burn Rate Early Stage IPO 138

Both Sides of the Table

SEPTEMBER 1, 2016

Scott Kupor of A16Z responded with a comprehensive overview of valuation methodology in a post that while accurate feels more targeted at sophisticated Limited Partners (LPs) who invest in funds. As an entrepreneur I never really knew what to make of VC return data. Have Marc and Ben attracted great partners? Absolutely.

LP 264

LP Jordan Cofounder Limited Partner 264

Steve Blank

FEBRUARY 3, 2011

One of the biggest mistakes entrepreneurs make is not understanding the relationship they have with their investors. Their fiduciary responsibility was to manage a portfolio of investments for their limited partners. Filed under: Rocket Science Games , Venture Capital. Lets Go to Lunch. If you succeed so do they.

San Francisco 331

San Francisco Silicon Valley Limited Partner Venture Capital 331

View from Seed

OCTOBER 29, 2014

This post was originally published on the personal blog of NextView founding partner Lee Hower. Most folks reading this will know that many startups were built in part with the help of venture capital. Most of the dollars a VC firm invests come from outside limited partner investors (LPs). Subscribe here for more.

LP 335

LP Private Equity Institutional Investors Venture Capital 335

Both Sides of the Table

AUGUST 25, 2015

Last night I wrote a post about how the fall in the stock market over a 3-day period may affect the venture capital markets. If you’re an entrepreneur or VC who wants somebody else’s view on that you should read it. Let me give you the quick summary of what I said yesterday: Public markets affect venture funding.

Balance Sheet 150

Balance Sheet Valuation Burn Rate Stock 150

Both Sides of the Table

JULY 15, 2010

– I spoke about GRP’s recent exit of Ulta in which we returned $320 million to our limited partners. If you’re an entrepreneur, all else equal you prefer convertible debt because the deal is priced at a later stage when you’re worth more. Tags: This Week in Venture Capital. Great exit. -

Southern California 210

Southern California Venture Capital Seed Stage Angel Investor 210

Babbling VC

OCTOBER 3, 2011

For those of you not in the know, they are one of the largest limited partners ( LP's : investors in venture capital funds) in Europe and are basically in almost all the funds throughout the market. I also know of other serial entrepreneurs who are soon launching their own vehicles. This for me is a no-brainer.

LP 82

LP Europe Germany Venture Capital 82

Austin Startup

MARCH 7, 2021

It’s like a dam has broken and now there is a flood of new entrepreneurs, investors, and big companies moving to Texas. These are all potential customers and strategic partners for startups. It is the tech hub of Texas and has the most local venture capital and attracts the most venture capital.

Texas 90

Texas San Antonio Houston Dallas 90