Both Sides of the Table

JULY 23, 2014

Limited Partners or LPs (the people who invest into VC funds) have taken notice as 2014 is by all accounts the busiest year for LPs since the Great Recession began. But the biggest changes in our industry have been driven by technical changes themselves to which we are just observers and fortunate beneficiaries.

Technical Review 398

Technical Review Venture Capital Valuation Pre-Money Valuation 398

David Teten

JANUARY 19, 2021

Our categorization is not a technical one. Additionally, Flexible VC can accommodate all types of companies, not just asset-lite, tech-enabled companies.”. The value ascribed by subsequent investors (in a secondary); buyers (acquisition); or the public markets (IPO). Flexible VC offers you this. Volatile, uncapped.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

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. Team must be purely technical.

LP 311

LP Technical Review Early Stage Silicon Valley 311

Both Sides of the Table

OCTOBER 12, 2014

Prorata rights are one of the most important rights of a private market technology investors and yet are seldom fully understood. In the old days there weren’t many fights about whether angels would take their prorata rights in financing rounds. Because tech companies are getting bigger more quickly than at any time in history.

Technical Review 336

Technical Review Later Stage Early Stage LP 336

View from Seed

DECEMBER 4, 2019

If you aren’t familiar with these metrics, I recommend reading the original post to get a sense of the numbers that I’ll be reviewing here. Over the last 10 years, we’ve been in a bull market with considerable froth in late stage financing activity and valuations. This would suggest that TVPI would be performing well. LP Constraints.

LP 256

LP IRR Distribution Portfolio 256

David Teten

MARCH 14, 2018

Another example is Correlation Ventures ($300M+ AUM), a VC firm which co-invests in financings with at least one other new outside VC. The firm attracts deal flow by promising a decision (positive or negative) in under 2 weeks, with minimal paperwork and without repeating due diligence. – Go public.

Private Equity 60

Private Equity Venture Capital Equity Cofounder 60

abovethecrowd.com

APRIL 20, 2016

Why the Unicorn Financing Market Just Became Dangerous…For All Involved. 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. We should expect more of these in the future.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40