David Teten

SEPTEMBER 23, 2017

PEVCTech is partnering with Blue Future Partners to run the first large-scale survey of VCs’ technology stack. Johann Kratzer of Blue Future Partners , a fund of funds, observed, “The majority of the hundreds of funds we’ve diligenced rely predominantly on their relationships to source deals. Greylock Partners.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

YoungUpstarts

JUNE 15, 2015

by Andrea Martins, co-founder of GreenSocks. He may have been named by Silicon Valley thought leader Paul Graham as one of the five most interesting startup founders since 1979, but Sam’s curious penchant for wearing t-shirts over long-sleeve shirts suggests that he’s definitely too young for me. Paul Graham, Founder, Y Combinator.

Cofounder 100

Cofounder Delaware Startup Technical Review 100

Steve Blank

JUNE 15, 2010

So if you’re the founder of a startup, you may want to consider who you take money from. Is Your VC Founder Friendly? What startup stage do they typically invest in? How many of their founders are still with their company? Will they tailor your vesting to your contribution as a founder? Who Do They Hang With?

Founder 231

Founder Vesting Later Stage Early Stage 231

View from Seed

FEBRUARY 27, 2019

Given the common challenges encountered by founders as they navigate through this hiring decision, I thought I’d outline some of my thoughts below that can hopefully serve as a simple framework when it comes to making the first Analytics hire at your startup. Many founders confuse the two as they both involve lots of numbers.

Analytics 149

Analytics Hiring SQL Forecast 149

Both Sides of the Table

MAY 27, 2016

I was asked again in an LP meeting later in the week and then again at a founder breakfast gathering we hosted yesterday. I know that sounds trite but it’s the best way I can describe my early-stage investments. I fall in love with both the founders and the concept. I fall in love.” Mission driven, commercially focused.

Early Stage 254

Early Stage Non-Compete LP Later Stage 254

David Teten

JANUARY 9, 2018

a “Bitcoin Fund”, a “Social Media Fund”, a “Nanotech Fund”), you’re going to raise capital from Limited Partners who are very focused on Theme X. The importance of reputation is why, for example, Andreessen Horowitz invested early and heavily in their own PR, adding PR guru Margit Wennmachers as a Partner. . – Network.

Venture Capital 60

Venture Capital Private Equity Silicon Valley Differentiation 60

David Teten

JANUARY 9, 2018

a “Bitcoin Fund”, a “Social Media Fund”, a “Nanotech Fund”), you’re going to raise capital from Limited Partners who are very focused on Theme X. The importance of reputation is why, for example, Andreessen Horowitz invested early and heavily in their own PR, adding PR guru Margit Wennmachers as a Partner. . – Network.

Venture Capital 60

Venture Capital Private Equity Silicon Valley Differentiation 60

Both Sides of the Table

JULY 17, 2018

You get to have interesting conversations with founders and review business plans and then see how these businesses evolve over the years. A firm like ours has almost 100 different investments across all the various partners so we get to see some businesses very intimately. Some even grow "bad" revenue just to show growth.

Founder 242

Founder Dilution Software Review Later Stage 242

Version One Ventures

SEPTEMBER 6, 2017

I had met Brendan that past Spring when I had just left Insight Data Science and he was at Greylock Partners. And lastly, most business metrics, which are rich in information, are kept private (and this leads to unavailable data). So, what do we do at the seed stage? 2) Does success = a $1B unicorn? .

Seed Stage 127

Seed Stage Later Stage Algorithm API 127

This is going to be BIG.

AUGUST 24, 2017

I don't think there's ever a time when I feel more like I'm raining on parades as when founders tell me how interested other VC firms are in investing. I've seen it time and time again where founders, understandably apprehensive about fundraising, read too much into their engagement with investors--especially non-partners at firms.

Term Sheet 105

Term Sheet Later Stage Partner Founder 105

K9 Ventures

JUNE 5, 2015

So in this post, I present the epilogue to The New Venture Landscape that highlights my take on what I think the venture landscape looks like today and what the implications are for founders, for GPs and for LPs. So if the Micro-VCs are looking for Series A-like metrics, what does a company do when it’s just getting started?

Seed Stage 48

Seed Stage Venture Capital Early Stage Valuation 48

View from Seed

JUNE 16, 2015

I’d also question a founder who asks his or her investors to comment falsely on something — that puts the investor in an awkward spot. Luckily, our founders are all incredibly high integrity people, and we wouldn’t have it any other way. For SaaS: At least $100K in MRR. For ecommerce: >$500K revenue/month.

Boston 120

Boston Syndicate Syndication eCommerce 120

Austin Startup

AUGUST 30, 2018

So while the number of dollars pouring into Austin may be increasing, that metric is only favorable to businesses that warrant those sized-rounds. Of these rounds, nearly every one was classified as a Series B or later-stage round, with the exception of a few debt and equity financing rounds. What does this information mean?

Austin 48

Austin Early Stage San Francisco Later Stage 48

David Teten

DECEMBER 3, 2019

But in business, you want a lot of partners. In the private equity universe, most Partners have primary training as deal-makers, not as managers. See Bessemer Venture Partners’ A comprehensive guide to security for startups. Cobalt for General Partners helps GPs to optimize their fundraising strategy. 1) Manage the firm

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Both Sides of the Table

JULY 24, 2016

What you Before Sets the Course for How Well the Day Goes Make sure you send your financial and operating metrics no less than 72 hours before the board meeting — even better if it can be a week in advance. If you’re slightly later stage it might be 5–6 hours. So here’s a short guide to achieving that.

Metrics 196

Metrics Strategic Investors Later Stage Management 196

Ben's Blog

AUGUST 17, 2020

When speaking with founders and private growth investors, we hear countless references to “multiples paid” on current or near-term revenue; both obsess over this because a higher multiple translates to a higher valuation. A multiple is a company value divided by a metric.

Valuation 36

Valuation Balance Sheet Cofounder Forecast 36

Reid Hoffman

JUNE 11, 2020

I met Jeff through one of my other partners at Greylock , James Slavet , who had worked for him at Yahoo. Embedding individual performance metrics in team performance metrics is a central part of how Jeff operates, but he also concerns himself with setting a cultural drumbeat and making everyone feel part of the team.

Cofounder 36

Cofounder Leadership Metrics Later Stage 36

Austin Startup

JUNE 26, 2019

Many people have reached out sharing knowing and kind words about our journey and choice to wind down our venture, as well as their appreciation for my choice to pull back the curtain on what is statistically a common road for many founders. It details a landscape founders like me are excited to sink their teeth into? Of course not!

Silicon Valley 54

Silicon Valley Startup B2C Sweat Equity 54

Reid Hoffman

JANUARY 19, 2021

They might both be accomplished writers or editors, but for a particular project, each partner focuses on a single role, and their different foci make the partnership stronger. At this stage, you need a true founder who fervently believes they’re going to make the company successful. No, no, no. No, no, no.

Startup 36

Startup Cofounder Advertising Hiring 36

Version One Ventures

MAY 22, 2018

Some of the best later-stage investors walk founders through an institutionalized “reverse” pitch. If you find yourself in the fortunate position of being oversubscribed, you’ll likely look to build the best investor base and find the right partners for your journey. How do all the partners of the fund feel?

Cap Table 60

Cap Table Cofounder Syndicate Syndication 60

abovethecrowd.com

APRIL 20, 2016

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. Anything that hints of a down round brings questions about the success metrics that have already been “booked.”

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

David Teten

JANUARY 13, 2015

I’m speaking on a panel this afternoon on fundraising for minority founders at the Rainbow PUSH Wall Street Project. Fundraising is always difficult for all founders; the median PE/VC fund sources and reviews 87 companies before investing in 1. This young, talented girl is given no chance of being the founder of the next Facebook.”. “I

Venture Capital 60

Venture Capital Advisory Board Greece Cofounder 60

Hippoland

NOVEMBER 6, 2016

And all of the companies I pick are at roughly the same stage — all seed companies who have launched a product and have some semblance of traction, though this ranges quite a bit. And, all of those founders have pedigree. That said, they are really clever founders. They haven’t necessarily had past earth-shattering success.

Portfolio 48

Portfolio IRR Later Stage Limited Partner 48

Seeing Both Sides

JANUARY 13, 2015

We pride ourselves on being lifecycle investors, which means we invest very early on (typically at the seed or Series A stage) and then stick with a company through exit. Some VCs prefer investing at the earliest stages and then cycle off the board of directors. Financing: holy crap - we are running out of money in 6 months!

Mezzanine 20

Mezzanine IPO Finance Business Model 20