David Teten

JANUARY 9, 2013

Partners for a New Beginning (PNB), a public-private partnership housed at the Aspen Institute, is organizing a Venture Capital, Private Equity and Angel Investor Delegation from the Maghreb. Europe-Maghreb renewable energy projects are creating new investment opportunities.

Tunisia 114

Tunisia Libya Algeria Mauritania 114

Pascal's View

AUGUST 28, 2010

6) The most efficient fuel for this IPO engine is venture capital. government dataset compiled by the U.S. .” “… it is highly unlikely that a company that does not take venture capital ends up going public. … Four of the twenty companies with the largest market capitalization in the U.S.—Microsft,

Venture Capital 56

Venture Capital America Initial Public Offering IPO 56

The Equity Kicker

JANUARY 15, 2013

The Canadian government announcement yesterday of a $400m plan to strengthen the Canadian venture capital industry is the latest in a long series of similar announcements and initiatives from governments around the world that put government cash into VC funds alongside private money to make it more attractive for private investors.

Venture Capital 116

Venture Capital Government France Canada 116

The Equity Kicker

JUNE 9, 2014

Many people think that VCs in Europe are failing our entrepreneurs by not taking enough risk. Startup general interest Venture Capital' I’m not so sure that’s right. I think they just have a different context (generally speaking that is – there are good and bad VCs out there, just like every other profession).

Entrepreneur 143

Entrepreneur Venture Capital Europe Revenue 143

The Equity Kicker

JULY 19, 2012

There has been a bit of buzz recently about the Q2 increase in VC activity in the US, and following discussion a discussion at a dinner last night where we fumbled for stats on the state of the venture market I decided to do a little research this morning and find out the latest trends.

Europe 119

Europe Venture Capital China Hosting 119

The Startup Magazine

NOVEMBER 28, 2022

At the height of the pandemic, Mitul helped bring seamless/contactless passenger processing (using biometrics) to airports, airlines and border control agencies across Europe, the Middle East, Africa, and India to help resume air travel. Passenger Processing in the Pandemic. He was featured on CNBC and quoted in The Times for his work.

Founder 127

Founder B2B Private Equity India 127

The Equity Kicker

JUNE 21, 2016

Stage-by-Stage Change in US Venture Capital Deployed (Deal Value) – Mattermark. Stage-by-Stage Change in US Venture Capital Deal Volume – Mattermark. The Q1 data for Europe showed investment was flat on Q4, but it will be interesting to see if we see the same declines as the US in April and May.

Europe 81

Europe Venture Capital Marketing 81

David Teten

JANUARY 21, 2021

V: Should you raise venture capital from a traditional equity VC or a Revenue-Based Investing VC? VI: Revenue-based financing: The next step for private equity and early-stage investment. VIII: The Leading Flexible VCs, With Structures Between Equity and Revenue-Based Investing.

Equity 78

Equity Revenue Cofounder Colorado 78

The Next Web

AUGUST 26, 2013

It’s part three of a series, cross-posted from his own blog , in which he draws on his experience to offer advice for aspiring entrepreneurs in Europe and beyond. If you raise money for the first time, you better understand the basics of venture capital. Brad Feld wrote a great book about Venture Capital.

Management 120

Management Cofounder Startup Bootstrapping 120

The Equity Kicker

JUNE 21, 2016

However, Samir’s comments are largely based on US data and don’t separate out Europe and Asia. For completeness I’ve also included charts showing the number of funds and the amount of capital raised. The surprising thing for me here is that in most years Asia has seen more Micro VC fundraises than Europe.

Europe 81

Europe Asia Restful Marketing 81

The Equity Kicker

MARCH 5, 2018

It’s the biggest European gathering of venture capital fund managers, private equity fund managers and LPs, the institutions that invest in both types of funds. I’ve been going off and on for the last ten years and the good news is that the tide is definitely turning in favour of European venture.

Private Equity 92

Private Equity Venture Capital Equity Europe 92

VC Cafe

FEBRUARY 1, 2011

London Business School is proud to present the London Business School 2011 Private Equity Conference. This year’s conference will feature keynote speakers Johannes Huth (Managing Director & Head of Europe – Kohlberg Kravis Roberts & Co.) The event is themed “Turning the Corner – Delivering Value over the Next Decade”.This

Private Equity 79

Private Equity Equity LP Limited Partner 79

Cracking the Code

MARCH 12, 2010

4) Cash balance increase indicates a focus on M&A to drive further growth The past few months have also been marked by a few high profile equity and debt announcements - most notably SuccessFactors, Taleo and Saleforce.com. Europe Consumer. (1). Venture Capital. (3). In search of Europe's next tech stars.

Software Review 63

Software Review Technical Review Cloud Forecast 63

Steve Blank

MARCH 17, 2020

and Europe into a long recession? This time around, the health of the venture business may depend on what hedge funds, investment banks, private equity firms, sovereign wealth funds, and large secondary market groups do. Are the shutdowns of businesses going to be a temporary blip in the economy or will they drive the U.S.

Burn Rate 436

Burn Rate Startup Valuation Sales Cycle 436

The Equity Kicker

MARCH 10, 2014

BrightSun have just published research on the number of seed funds in Europe. Venture Capital' As you can see from the graphs below the number of seed funds is growing very fast whilst the number of later stage funds is flat.

Later Stage 142

Later Stage Early Stage Europe Green 142

VC Cafe

OCTOBER 31, 2022

Mature startups with proven business models and the potential to reach the public markets within a few years will be the safest place to park any new venture capital that comes into the ecosystem. Europe faced a similar fate and funding for the third quarter in Europe totalled $16 billion, down 44% year over year from $28 billion.

Founder 173

Founder Technical Review Down Round Liquidation Preference 173

The Equity Kicker

DECEMBER 6, 2013

In our experience Europe valuations remain more muted, although they have also been increasing (if anyone has good data I’d love to see it). Venture Capital' If prices go up again at the same rate for another year or two then I will revise my opinion, but I don’t think we are there yet.

Valuation 162

Valuation Venture Capital Startup Europe 162

The Equity Kicker

MARCH 19, 2012

As a reminder, LPs, or limited partners, are the investors in venture capital funds. One of our slides today showed VC exits over $100 million since 1996, split between the US and Europe. Another slide showed venture investments in Europe by sector, and provided the basis for a discussion about our sector strategy.

LP 97

LP Europe Portfolio Private Equity 97

The Equity Kicker

JULY 17, 2016

“Plus ça change, plus c’est la même chose” is an old French saying that translates literally as “The more it changes, the more it’s the same thing” Before the Brexit vote there was a lot of debate about the trajectory of the venture capital markets and that has intensified considerably in the last couple of weeks.

Europe 60

Europe Venture Capital Ukraine Russia 60

VC Cafe

SEPTEMBER 26, 2010

To name a few: FFF (Friends, Family and Fools), Angels and “super angels&# , venture capital funds, government grants, incubators, corporate venture capital funds and more. That said, the more you raise, the more equity you have to give, but a good investor will offer you a fair deal where incentives are aligned.

Elevator Pitch 102

Elevator Pitch Incubator Technical Review Startup 102

The Equity Kicker

APRIL 15, 2016

Reading the tea leaves to predict where the venture capital market is heading seems to be everyone’s favourite hobby at the moment, and I’m no exception. which showed that venture investment in Europe is roughly flat quarter on quarter (excluding Spotify’s $1bn raise). Last week we had data from tech.eu

Europe 60

Europe Venture Capital Finance Startup 60

The Equity Kicker

MARCH 25, 2014

‘Carried interest’ is the name given to the profit share schemes that investors in venture capital funds, typically called ‘LPs’, use to incentivise the partners at at the funds in which they invest. Venture Capital' If there is no hurdle then the maths are fairly simple.

Carried Interest 109

Carried Interest Venture Capital Vesting Europe 109

The Equity Kicker

JANUARY 27, 2016

Jon Bradford, founder of Techstars UK, once said to me that corporate innovation budgets dwarf venture capital. That got me thinking, so I took a look at corporate R&D spend and it turns out that 2014 spend in the US was over $250bn and in Europe it was over $200bn. These activities are interesting, but small scale.

Venture Capital 60

Venture Capital Entrepreneur Europe .Net 60

The Equity Kicker

DECEMBER 2, 2013

That’s inevitable given that China and India have very different ideas to the USA and Europe about what constitutes ‘fair’ trade. Startup general interest Venture Capital' The USA will have fallen from first place to third. This change will bring profound shifts in global politics and trade rules.

India 88

India China Venture Capital Forecast 88

The Equity Kicker

JANUARY 11, 2013

I was chatting with a friend last night about the lack of institutional investor (LP) interest in European venture capital as an asset class. We both believe that now is an attractive time to invest in European technology startups and started why we think so differently to most of the people we would like to invest in our funds.

LP 143

LP Europe Institutional Investors Venture Capital 143

The Equity Kicker

JULY 5, 2016

I was as surprised and disappointed as most Londoners after we voted to leave Europe last Thursday but I have been shocked by the depth of everyone’s misery since. There are plenty of hotheads but key figures like Angela Merkel and Teresa May want a sensible compromise that keeps Britain trading with Europe.

Redemption 75

Redemption Europe Venture Capital Leadership 75

Haystack

SEPTEMBER 2, 2018

Most of the rounds I participate in today are priced equity rounds. The equity round process bakes this in, and helps every participant to know what they’re raising or holding at any given point, dissuading the company from taking on additional capital without some burden.

Seed Stage 76

Seed Stage Seed Capital Equity Europe 76

VC Cafe

MARCH 7, 2010

billion in the US to create new jobs – what is the impact on the venture capital industry? Arvind Sodhani, president of Intel Capital and Intel executive vice president said: “With $3.5 Arvind Sodhani, president of Intel Capital and Intel executive vice president said: “With $3.5

Term Sheet 84

Term Sheet Venture Capital Mobile Cloud 84

The Equity Kicker

JULY 10, 2013

The Pando post and data are all from the US, but the situation here in Europe is similar.). Forward Venture Capital' The chart below shows graphically just how many VCs have come out of the market – note that the timeline starts with 2013 and works back.

Venture Capital 95

Venture Capital Europe Portfolio Community 95

David Teten

FEBRUARY 6, 2013

David Teten, Partner, ff Venture Capital ; Chairman, HBS Alumni Angels of Greater New York. Balloch’s 20+ year career prior to becoming an angel investor was in financial services both in the private equity world- fundraising and investor relations, and in investment banking. Moderator: Katina Stefanova, Bridgewater Associates.

Private Equity 114

Private Equity North America Cofounder Angel Groups 114

The Equity Kicker

NOVEMBER 4, 2013

Aileen Lee of early stage fund Cowboy ventures wrote a post for Techcrunch yesterday looking at the characteristics of 39 startups founded since 2003 that are worth over $1bn. She calls them ‘Unicorns’ There has been a lot of discussion since. Now the list is not complete (e.g.

Startup 113

Startup Europe Early Stage Venture Capital 113

The Equity Kicker

APRIL 11, 2013

This post has been about the US rather than Europe, but I think the trends are the same here, except maybe that seed investment is growing in the UK on the back of the EIS and SEIS tax incentive schemes. Venture Capital'

Venture Capital 106

Venture Capital Europe Cost Entrepreneur 106

Cracking the Code

JANUARY 22, 2009

Accelerating bonuses for upfront cash payment depends on your cost of capital. If you assume a 20% cost of capital (typical for equity, debt is generally cheaper), then getting an upfront payment for one additional year on a $10k MRR contract saves you $24k. Europe Consumer. (1). Venture Capital. (3).

Software Review 91

Software Review Clawback Sales Salary 91

finance.fortune.cnn.com

AUGUST 21, 2012

Term Sheet The latest on private equity, M&A, deals and movements — from Wall Street to Silicon Valley. FORTUNE -- Its no secret that venture capitalists were hit hard by last decades dotcom bust, considering that median returns for 1998-2001 vintage funds are all underwater. Softbank Capital Partners (1999): 21% (21%).

Naming 49

Naming Term Sheet Private Equity Equity 49

The Equity Kicker

MARCH 26, 2012

According to the National Venture Capital Association (of America) ninety-two percent of job creation comes after IPO. The good news is that we are doing better and better at this in Europe. We now have a small but growing list of large public tech businesses in Europe, including ARM, CSR, Abcam, Betfair and QliqTech.

IPO 100

IPO Europe Acquisition Venture Capital 100

VC Cafe

JULY 21, 2020

In the past I’ve covered the rise of corporate venture capital and the growing number of Fortune 500 companies who are actively launching CVC arms or investing in startups/funds. There are four general buckets for engaging with a corporate like Google: Funding – this consists of cash investment for equity.

Technical Review 131

Technical Review Startup Early Stage Cloud 131

The Equity Kicker

DECEMBER 22, 2017

One fear I heard expressed a lot post Brexit is that the London will lose it’s place as the dominant startup centre in Europe. These fears were compounded by programmes from France, Germany and other governments to get UK companies to relocate. It appears these campaigns have had little impact.

Germany 91

Germany France Europe Government 91