This is going to be BIG.

MAY 5, 2023

You can stop making new investments, but it will take years to actually work through your active portfolio companies. It’s been incredibly rewarding to be able to offer relevant advice or a connection at the right time and to see when a founder builds on that key turning point and it leads to success. No more founder pitch meetings.

Later Stage 218

Later Stage Venture Capital Term Sheet Limited Partner 218

Both Sides of the Table

MAY 27, 2013

But the thing I am most proud of about Rob is that he has taken a company with a uniquely talented founder & CTO – Nick Halstead – and managed to build a very tight working relationship with Nick where we drive world-class product development without having the usual founder / CEO conflicts. Have topics.

Advisory Board 365

Advisory Board CTO Hire Fractional CTO Los Angeles 365

David Teten

SEPTEMBER 23, 2017

Even for later-stage companies with predictable financials, the lack of liquidity, audited financials, and standardized metrics creates real challenges to scaling quantitative investing. Signal is a fundraising tool for founders run by NFX Guild, which identifies the most relevant VCs for you. . 9% (1 / 12). 1) Market fund.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

Steve Blank

JANUARY 22, 2014

Regional Angel funds that pool investors capital and typically make a one time investment in a startup, sometimes at an early stage but often at a slightly later stage. Late stage large regionally based funds that invest in late stage or mezzanine deals. Large regionally based early stage funds have mostly failed.

Early Stage 286

Early Stage Silicon Valley Oregon Technical Review 286

Austin Startup

MAY 11, 2017

Arena Growth Partners | Venture Capital and Private Equity | Austin, Texas - Venture to Lead™ Aspect Ventures We bridge the gap between your seed and later stage venture so together, we can turn great ideas into great companies. Home Backstage Capital Backstage Capital invests in the best underrepresented founders in the U.S.

Private Equity 48

Private Equity Venture Capital Technical Review Seed Stage 48

David Teten

JANUARY 9, 2018

Some VCs have identified a number of new advantages that distinguish them in the marketplace: – Portfolio acceleration. I saw “ portfolio operations ,” i.e., levers to enhance the operations efficacy of portfolio companies, become a standard part of the private equity toolkit. – Portfolio company diversity.

Venture Capital 60

Venture Capital Private Equity Silicon Valley Differentiation 60

David Teten

JANUARY 9, 2018

Some VCs have identified a number of new advantages that distinguish them in the marketplace: – Portfolio acceleration. I saw “ portfolio operations ,” i.e., levers to enhance the operations efficacy of portfolio companies, become a standard part of the private equity toolkit. – Portfolio company diversity.

Venture Capital 60

Venture Capital Private Equity Silicon Valley Differentiation 60

David Teten

SEPTEMBER 6, 2015

Previously she was Co-Founder and CEO of SNAZZ, a cloud-based event management platform. Her work included heading Nokia’s location-based services business and app portfolio for emerging markets, which she built from a back-of-a-napkin idea to a 100-person organization with over 10 million users.

Venture Capital 60

Venture Capital Balance Sheet Technical Review Portfolio 60

David Teten

SEPTEMBER 5, 2014

I’ve written on the expert network industry a fair amount in the past: see How to Earn More Consulting Revenue from Expert Networks and How Executives Can Work with Private Equity and Venture Capital Portfolio Companies. We’re not mainly for B2B companies or later stage companies or anything like that.

New York 114

New York Technical Review Networking Advisory Board 114

Both Sides of the Table

JULY 27, 2014

We both agree that the later-stage valuations are being driven up to a point that feels irrationally priced [he uses b-round SaaS valuations as an example and I am willing to be even more broad based]. I wrote my version here and Scott wrote an excellent write-up of his views here. And we ended.

Valuation 309

Valuation Pre-Money Valuation Later Stage Non-Compete 309

This is going to be BIG.

FEBRUARY 21, 2021

I’m a female founder. I don’t have a technical co-founder. These are all of the things I heard from a founder that I recently backed. So what about all of the above statements—things that founders widely hold to be true barriers to fundraising? Nearly half of the teams I’ve backed have female founders.

Venture Capital 162

Venture Capital Cofounder Deal Flow Later Stage 162

Both Sides of the Table

MAY 27, 2016

I was speaking recently to the team at NuOrder , an LA-based company we’re an investor in about “realism in startups” — an impromptu talk I have given to any of our portfolio companies who ask. During the Q&A I was asked about how I make investment decisions in early-stage businesses. Early stage. I fall in love.”

Early Stage 254

Early Stage Non-Compete LP Later Stage 254

View from Seed

JUNE 5, 2018

Last week, we hosted our very first portfolio-only Hiring Bootcamp in NYC, led by NextView’s talent advisor Kristen Caldwell. The quest for building such hiring machine is universal across companies at various stages. Intense discussion on what are the right metrics to track around recruiting.

Hiring 120

Hiring Portfolio Metrics B2C 120

Gust

JANUARY 4, 2012

I’d like to take a step back and discuss the significance of IP as a component of the overall value that founders intend to create as they grow the company. The questions that arise most with respect to any category of IP at the earliest stages include: How will this affect our chances of getting funded on favorable terms ?

Intellectual Property 143

Intellectual Property IP Startup United States 143

View from Seed

DECEMBER 6, 2018

Five years ago, as the mania around seed fundings was accelerating, Founders were very eager to announce their seed round to the world. And seed VCs, especially as new firms were being established, were eager to encourage their portfolio startups to plant that flag in the ground publicly. Always be fundraising.

Seed Stage 201

Seed Stage Stealth Seed Capital Later Stage 201

Austin Startup

JULY 29, 2018

It doesn’t make any sense to pitch a later stage, “growth” investor with your seed stage idea just like it doesn’t make much sense to pitch a new tech startup to an investor who only does oil & gas. They rationalize it with portfolio theory but almost everyone I know does it because they really enjoy it.

Angel Investor 59

Angel Investor Technical Review Los Angeles Seed Stage 59

Version One Ventures

JANUARY 15, 2019

Most founders appreciate the importance of making good hires; however, when a startup is scaling rapidly, process often gets left behind. First hires should be like “swiss army knives,” able to take on multiple tasks at any stage and figure out how to solve problems. At later stages, you start hiring for specialists.

Hiring 118

Hiring Later Stage Early Stage Portfolio 118

Version One Ventures

SEPTEMBER 6, 2017

While I am close to conceding that it is perhaps too difficult to predict success at the seed stage, I think there is great potential for funds that invest at later stages or are exploring other ways to provide “capital as a service” (like my friends at S+C). So, what do we do at the seed stage?

Seed Stage 127

Seed Stage Later Stage Algorithm API 127

Both Sides of the Table

APRIL 28, 2010

Other players such as Obopay have set out to focus on mobile person-to-person cash transfers, mFoundry (a GRP portfolio company) has focused on mobile banking and a mobile wallet and one of my favorite companies m-via is focusing on mobile remittances (right now between the US and Mexico). Obviously they see big things in Wildfire.

Venture Capital 270

Venture Capital Cofounder Spain San Diego 270

Both Sides of the Table

FEBRUARY 18, 2017

This followed the firms founder Don Valentine handing leadership early to Mike Moritz and Doug Leone who then entrusted Jim Goetz. He did what every LP did, looked at returns, talked to portfolio companies, talked with our competitors and so forth. And so it goes. Lindel Eakman led the discussion with Fred and Andy.

Leadership 161

Leadership LP Venture Capital Silicon Valley 161

View from Seed

FEBRUARY 27, 2019

Recently, I’ve been working with a few of our portfolio companies to help them think about how to recruit and interview their first analytics hire. Many founders confuse the two as they both involve lots of numbers. Being a data analyst in addition to being the founder is a lot of work?—?you’re Analytics vs. Finance?—?what’s

Analytics 149

Analytics Hiring SQL Forecast 149

K9 Ventures

AUGUST 14, 2017

It was a conscious decision to maintain the fund size at the same level, despite both market pressure (larger rounds at earlier stages) and demand pressure (lots of LP money entering the stage) to raise a larger fund. Founders have a vision of what the world will be like in the future. Only 2 companies out of 19 were shut down.

Technology 96

Technology LP San Francisco Portfolio 96

ReadWriteStart

AUGUST 26, 2022

So, think of the typical two founders with a pitch book in a garage. Instead, that’s the sort of pre-series-A investment where companies or founders have visions of where they think there are underserved market needs, and they’re coming up with something super excited to try to solve that. . We’re a crossover fund.

Partner 132

Partner Cofounder Retention Acquisition 132

Genuine VC

MAY 5, 2015

Today, I’m thrilled to publicly announce NextView’s Talent Exchange, a program helping both top talent and NextView-backed startups connect with each other more easily, beginning with Boston companies (which make up just over half our portfolio). Below, I’ll quickly explain the genesis of this initiative and share a few more key details.

Portfolio 100

Portfolio Startup Boston Seed Stage 100

David Teten

DECEMBER 3, 2019

However, in private markets, there is more room to optimize across all 11 steps of the investing process: firm management , marketing, fundraising , origination , manage relationships, due diligence, negotiation, monitoring, portfolio acceleration , reporting, and. 3) Raise capital. They read reviews of the products of target investments.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

The Equity Kicker

SEPTEMBER 9, 2014

In the traditionally slow moving world of venture capital they have gone from standing start to raising $4bn across three funds in 5 years – Summit Partners , an older highly successful later stage VC took 15 years to achieve the same feat. It’s this hard to copy factor which makes A16Z disruptive.

Silicon Valley 125

Silicon Valley Venture Capital Portfolio Later Stage 125

Version One Ventures

JUNE 28, 2016

With all these growing pains, it’s very important that the founder/CEO can step up and steer the transition from short-term survival to long-term company building. A few things become extremely important at this stage: Clear company vision and mission: Why are we doing this and why does this company matter?

Later Stage 112

Later Stage Portfolio Employee Founder 112

K9 Ventures

FEBRUARY 8, 2020

3/ The metaphor I use to explain this to founders is “Sometimes there is no direct flight and you have to take a connecting flight.” ” IMHO this was why @cartainc had such a hard time raising in the early stages. This is what makes early-stage investing so much more fun and exciting for me.

Startup 118

Startup Early Stage Later Stage Revenue 118

Both Sides of the Table

FEBRUARY 4, 2016

Frankly, it’s really hard to write checks at later-stage valuations when you know you’ll have to exit into the public markets or sell to a public-market company one day and the stocks are declining precipitously. But again, this may still be lagging indicators or the canary in the coal mine.

LP 150

LP Valuation Burn Rate Pre-Money Valuation 150

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. Implications for Founders. Too many founders still think that. The Epilogue. Seed is the New A. Well, yes they do.

Seed Stage 48

Seed Stage Venture Capital Early Stage Valuation 48

Both Sides of the Table

MAY 13, 2018

This is part of a series of advice for founders who need to raise money from venture capitalists. Somehow many first-time founders equate “sales” with something that is beneath them. I always tell founders … “An investors job is to deploy capital and make a return. This is where most founders err.

Term Sheet 332

Term Sheet Due Diligence Campaign Sales 332

Hunter Walker

JUNE 21, 2014

As Brad Feld wrote earlier this week in “ The Opportunity/Growth Fund Trend ,” an increasing number of venture firms are raising separate funds specifically dedicated to later stage investments and primarily (or only) following on to their previous seed or A Round commitments.

Institutional Investors 91

Institutional Investors Dilution Later Stage Portfolio 91

Austin Startup

JUNE 27, 2017

A strategy for meeting these investors in Austin is to figure out the board schedule of their portfolio companies, as they they will likely travel here for those meeting. Many investments in startups start with local venture firms in the early stages and then attract non-local venture firms for later stage and larger deal size opportunities.

Venture Capital 54

Venture Capital Austin Texas Private Equity 54

Both Sides of the Table

JUNE 28, 2010

When he entered the industry he caught the tail end of the dot com bubble and then was immediately thrust into a 3-year period of “triage&# where VC’s had to deal with problems in portfolio companies. He says they are just as selective on seed investments as they are in later stage deals. Total raised: $17.0mm.

San Francisco 230

San Francisco Los Angeles Cofounder SMS 230

www.paulgraham.com

OCTOBER 23, 2010

Whichis good news for founders: theyll get to keep more of the company. Leads could (and did) use a fixed size round as alegitimate-seeming way of saying what all founders hate to hear:Ill invest if other people will. So ifyou want to predict what the future of venture funding will be like,just ask: how would founders like it to be?

Startup 93

Startup Valuation Non-Compete Deal Flow 93

Genuine VC

FEBRUARY 3, 2011

On the early side, it's repeat founders coming together again or early runaway traction in an early beta that generates buzz. For later-stage, it’s a high-priced financing round, tipping scales on widespread adoption, rapid hiring, or credible information on successive revenue-growth quarters.

Startup 148

Startup Portfolio Later Stage Hiring 148

Hippoland

NOVEMBER 13, 2016

So while I’m waiting for my portfolio companies to either die or go IPO, what am I looking at as indicators of success / failure? However, these other methods do not apply particularly well to early stage investing, in my opinion.) Now let’s say we have two portfolios of companies. These founders are really selling.

IRR 48

IRR Valuation Portfolio Due Diligence 48