David Teten

MARCH 14, 2018

My Partners at HOF Capital are younger than I am, which means that we have a half-century horizon for the franchise we are building. – Build out low-cost force multipliers such as scouts , Advisors, Entrepreneurs in Residence, Venture Partners, and so on. So we think about scaling a lot.

Private Equity 60

Private Equity Venture Capital Equity Cofounder 60

David Teten

JANUARY 19, 2021

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. Similar to the explosion of seed funds in the past decade, we (and some limited partners too ) believe these Flexible VCs are on the forefront of what will become a major segment of the venture ecosystem. Of the Inc. 5000 companies, only 6.5% return cap.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

View from Seed

JUNE 10, 2020

But the emphasis of our program is the direct one-on-one interaction with NextView partners to help push the company forward. The partners at NextView hold sessions more than once per week to push the participants’ thinking and actions to strive towards making significant advances finding true-product market fit.

Cofounder 177

Cofounder Syndicate Syndication Alabama 177

Hunter Walker

NOVEMBER 20, 2013

So far most of the top funded AngelList Syndicates look, well, not surprising. Additionally, funds such as Foundry Group and Google Ventures have taken their own approaches – the former creating a separate early stage entity , the latter encouraging their seed stage partners to create standalone personal syndicates.

Syndicate 98

Syndicate Syndication South America Seed Stage 98

Feld Thoughts

AUGUST 1, 2016

We just led a $22 million financing in Glowforge. When we led a $9 million financing in Glowforge a little over a year ago, we were excited about the potential to do to the subtractive 3D printing world what we did with MakerBot in the additive / FDM 3D printing world. I’ll start with the punchline – lasers are super cool.

Finance 70

Finance Balance Sheet Syndicate Syndication 70

View from Seed

MAY 3, 2022

I’ve had the privilege of joining Flyp’s Founders, James Kawas and Dani Arnaout , on their journey; my tenure on the company’s board started a year ago in leading their seed round of financing and will continue going forward.

Syndicate 156

Syndicate Syndication IPO Matching 156

David Teten

JANUARY 11, 2020

They’re taking a $1m check from me, or giving $5m to me as a limited partner. Other coinvestors: Limited partners, other VCs who are coinvestors, private equity funds which are potential growth-stage investors, etc. Jourdan Urbach, Managing Partner of Brandt & Co. Kevin has written over 620 syndicated columns).

Social Media 60

Social Media Technical Review Media Private Equity 60

View from Seed

AUGUST 16, 2019

One of the most relevant scenarios that this fear vs. greed lens applies towards is insider-led financings. That story is built brick by brick through subtle cues of amounts of insider participation, who issues a term sheet, structure of the financing, etc. Of course, true motivations cannot be entirely divined.

Term Sheet 149

Term Sheet Syndicate Syndication Early Stage 149

Hearpreneur

NOVEMBER 27, 2019

Luckily I didn’t have to – a friend ended up texting me and my business partner, suggesting the name Codal. My business partner, Adam Hale, and I were both in Fort Wayne, Indiana when the company was founded. He helps people who have made a complete mess of their finances. understand what we were going for.

Naming 143

Naming CPA Entrepreneur Software Review 143

Genuine VC

MAY 29, 2014

Yet even today, whether or not to take a (relatively) small check in a seed round syndicate from a multi-hundred million or even billion dollar fund is still a decision which takes quite a bit of consideration and sometimes consternation. So there is an element of (positive) selection bias in the larger VC syndicate cohort companies.

Syndicate 166

Syndicate Syndication Seed Stage Valuation 166

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. As you may know, 99% of the entrepreneurs who seek financing, get rejected. I believe he needs to find more partners to go to market through. Please try to understand why.

Silicon Valley 114

Silicon Valley Technical Review Startup Early Stage 114

Genuine VC

FEBRUARY 12, 2012

PROs of taking his angel money are the feeder system to venture financing of the next round and the vast network of portfolio CEOs which can be tapped into for connections and help. PROS: Industry-insider who serves as a validator for the rest of the investment syndicate, extremely helpful advice and network connections.

Angel Investor 257

Angel Investor Syndicate Syndication Early Stage 257

VC Adventure

MAY 21, 2014

A few months ago AngelList announced Syndicates - enabling investors on AngelList to create fund-like groups of investors to invest together in AngelList companies (following a single lead investor). It’s a great idea and at Foundry we quickly decided it would be an interesting experiment to form our own syndicate.

Syndicate 93

Syndicate Syndication Technical Review Due Diligence 93

Growthink Blog

OCTOBER 7, 2010

Get Satisfaction Inc. ( [link] ) raised $6 million led by Azure Capital Partners. million led by Greycroft Partners and BV Capital. It enables merchants to sell their products anywhere by syndicating goods to multiple marketplaces. Rypple ( [link] ) raised $7 million in a financing round led by Bridgescale Partners.

Azure 74

Azure Venture Capital Software Review Syndicate 74

This is going to be BIG.

DECEMBER 3, 2020

The partner at the fund, the VC, gets to do the fun part—the meeting with founders, vetting deals, negotiating, helping, etc. Access to the partner. If you’ve put money into a fund, I think it’s reasonable to expect that partner to check out the deal flow that you find on your own, and let you know what they think.

Portfolio 134

Portfolio Syndicate Syndication Deal Flow 134

K9 Ventures

APRIL 27, 2011

In August/September 2009, the founders and I agreed to work together to raise a round of financing for the company. I helped introduce the company to various angels and lead the effort to form a syndicate for their fund-raising round. We pulled together about $600K of commitments and interest, for a $500K-target financing round.

Software Review 134

Software Review Technical Review IP Finance 134

Feld Thoughts

JANUARY 6, 2014

This morning we announced that we have closed a financing in OnTheGo Platforms via our FG Angels syndicate. On October 1st, 2013 we announced that we’d be forming an AngelList syndicate called FG Angels and making 50 seed investments through AngelList by the end of 2014. would come from syndicate participants.

Syndicate 133

Syndicate Syndication Government Finance 133

View from Seed

OCTOBER 21, 2014

Sharing these pricing expectations early with potential lead investors fundamentally qualifies your conversations, but it also runs the risk of prematurely losing a potential financing partner, or else it can reduce options to maximize your fundraise outcome. And as my partner Rob Go likes to say, “Time kills all deals.”).

Valuation 336

Valuation Founder Seed Stage Angel Investor 336

View from Seed

AUGUST 20, 2014

Series A Dynamics: This is a middle-of-the-road outcome in terms of optimizing your next round of financing. Definition: This is a case where two large VCs partner to take a significant portion of the round together, often leaving only a small piece for value added angels or seed investors. The Two-VC-Led Seed.

Startup 301

Startup Syndicate Syndication Boston 301

mashable.com

MAY 9, 2011

He is a serial entrepreneur, internationally syndicated columnist, angel investor, public speaker and author of the best-selling book Never Get a “Real&# Job: How To Dump Your Boss, Build a Business and Not Go Broke. Have an account? Reproduction without explicit permission is prohibited.

CTO Hire 73

CTO Hire Fractional CTO CTO Technical Review 73

Pascal's View

JULY 9, 2017

When it comes time to convert the notes, these entrepreneurs face ‘sticker shock’ about their post-financing ownership. In contrast, there is limited benefit for being the 2 nd investor or the 10 th investor joining the syndicate of a priced round, so it is common for investors to wait to see “who else is involved”.

Post-Money Valuation 49

Post-Money Valuation Valuation Cap Table Covenant 49

Genuine VC

FEBRUARY 12, 2012

PROs of taking his angel money are the feeder system to venture financing of the next round and the vast network of portfolio CEOs which can be tapped into for connections and help. PROS: Industry-insider who serves as a validator for the rest of the investment syndicate, extremely helpful advice and network connections.

Angel Investor 128

Angel Investor Syndicate Syndication Early Stage 128

VC Adventure

MAY 21, 2014

A few months ago AngelList announced Syndicates – enabling investors on AngelList to create fund-like groups of investors to invest together in AngelList companies (following a single lead investor). It’s a great idea and at Foundry we quickly decided it would be an interesting experiment to form our own syndicate.

Syndicate 48

Syndicate Syndication Technical Review Due Diligence 48

ConversionXL

APRIL 7, 2020

Once objectives are identified and prioritized, your podcasting plan should outline strategies and tactics, which include format, frequency, duration, host/s, point of view, guests, research, syndication, and marketing. podcast directories) pick up and syndicate your podcasts for free via RSS feeds. From there, podcatchers (i.e.

Syndicate 85

Syndicate Syndication Hosting Audio 85

Feld Thoughts

AUGUST 10, 2010

My partner Seth Levine has a detailed post up today titled Trada – from the beginning that describes the creation and financing of Trada. In this case neither Niel (nor I) had any interest in creating a traditional syndicate to fund the company. Executing against that idea is another matter.

Syndicate 120

Syndicate Syndication Angel Financing Finance 120

View from Seed

JUNE 16, 2015

Our investment size may differ slightly from one company to the next, but it tends to be driven entirely by situation-specific factors (needs of the company, syndicate composition, anticipated reserves, etc) … and not based on our belief. His take is that, like many big decisions, this isn’t actually black or white.

Boston 120

Boston Syndicate Syndication eCommerce 120

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. Hence, financing rounds have been smaller (roughly a ratio of 5 to 1 when comparing US to EU). Even Dropbox and Etsy have done far larger rounds to finance their growth.

Finance 76

Finance LP Europe Valuation 76

Feld Thoughts

JUNE 25, 2015

” Each of our funds is $225 million, we have four partners and no other investment staff, and we work out of the same office we’ve worked out of since we started in 2007. .” These deeply held beliefs tangibly define our values and give us a frame of reference to operate.

Syndicate 70

Syndicate Syndication Limited Partner Finance 70

Genuine VC

MAY 1, 2014

They have relationships with over 3,000 publisher and author partners, including all of the Big Five publishers and hundreds of small-to-midsize presses. Series A financing. On top of it, this financing is a bit of a “getting the band back together” of sorts. Today BookBub is announcing its $3.8M

Cofounder 118

Cofounder Syndicate Syndication Social Network 118

Agile VC

MARCH 13, 2012

Patents and the threat of patent infringement lawsuits provide maximum leverage against a competitor when they’re in the middle of a strategic inflection point… a major financing, acquisition, or large product launch. My partner @ LeeHower looks back: [link] 5 days ago Search. What’s Your Favorite Future? Previous Entries.

IP 100

IP IPO Social Network Silicon Valley 100

Genuine VC

JULY 30, 2012

Sharing these expectations early in potential lead investor discussions fundamentally qualifies the conversations, but it also runs the risk of prematurely losing a potential financing partner or reducing options to maximize a financing process outcome. It’s like opening a job interview by sharing salary requirements.

Valuation 136

Valuation Pre-Money Valuation Angel Investor Syndicate 136

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 one our team was particularly excited about was a concept we were calling at the time “Venture Acceleration Partners.”

Silicon Valley 62

Silicon Valley Venture Capital Cap Table Early Stage 62

Hunter Walker

JANUARY 20, 2015

Today, Pillow announced their seed financing which we led in 2014 along with a great syndicate including our friends at Sherpa Ventures and Homebrew advisor Lee Linden. He thinks Pillow can help increase Airbnb listings by handling all the hassles for hosts.

Hosting 48

Hosting Los Angeles San Francisco Syndicate 48

View from Seed

JANUARY 28, 2016

On Wednesday, my partner David wrote about how we’ve been using our office space (and network and other resources) to support pre-seed companies. When we talk about seeds, we mean your first outside round of financing at the earliest stages of your business. You can find that here.

Cofounder 120

Cofounder Finance Founder Syndicate 120

Growthink Blog

MAY 3, 2010

Typically a Series B financing event will raise $5 to $10 million for the company. million Series B financing round - this is the biggest Series B round I've seen in a long time. There is a ton of financing waiting for the right companies. So yes, even in this economy, venture capital financing IS readily available.

Venture Capital 71

Venture Capital LP Syndicate Syndication 71

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. In these cases we proactively offer to lead their next round of financing.

Post-Money Valuation 298

Post-Money Valuation Term Sheet Warrant Partner 298

VC Cafe

DECEMBER 5, 2010

ClickFox , the Israeli-American startup developing optimization software for customer service centers, announced it has raised $18 million in financing from a syndicate led by Morgan Stanley Alternative Investment Partners (AIP). Israel’s Jerusalem Venture Partners sold part of its stake in Qlik Technologies Inc.

Stock 90

Stock Syndicate Syndication Database 90