Both Sides of the Table

JULY 23, 2014

There has been much discussion in the past few years of the changing structure of the venture capital industry. The rise of alternative sources of capital (crowd funding and the like). Just 3 years ago there was talk of institutional investors “not being able to write small enough checks.”

Technical Review 398

Technical Review Venture Capital Valuation Pre-Money Valuation 398

The Equity Kicker

OCTOBER 14, 2014

———————————– If you ask most VCs what they look for in a startup they will say great team, great product and great market. Venture Capital' The post below first appeared as a guest post by me on the Web Summit Blog.

Early Stage 123

Early Stage Institutional Investors Startup Venture Capital 123

Both Sides of the Table

MAY 23, 2012

Many observers of the venture capital industry have questioned whether its best days are behind it. I have been close to the tech & startup sectors for more than 20 years and I can’t think of a period in which I felt more optimistic about the innovation and value creation I see in front of us.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

ReadWriteStart

OCTOBER 2, 2021

If you’re thinking about starting a tech startup you already know — there are a lot of things to consider. But what if a tech startup uses the LLC structure? And this is not only due to lack of liability protection, though it is a significant factor attracting investors. Why should a founder entertain this idea?

Technical Review 78

Technical Review LLC IPO Stock 78

The Next Web

MAY 4, 2013

Previously, he worked in venture capital in Europe. He is a part-time hacker, angel investor, and product advisor, and was selected from more than 300 people to “shadow” Dave McClure at 500 Startups. You probably didn’t work in a major successful US startup. Investors worry about these things. Fundraising.

San Francisco 159

San Francisco Europe Technical Review Due Diligence 159

David Teten

MARCH 28, 2012

Best Practices in Venture Capital Portfolio Company Value Creation. Lowering that failure rate would be highly impactful on venture capitalist returns, if we could figure out how to do it. Lowering that failure rate would be highly impactful on venture capitalist returns, if we could figure out how to do it.

Portfolio 144

Portfolio Private Equity Venture Capital Early Stage 144

View from Seed

SEPTEMBER 4, 2018

Most of these rhyme with what we’ve said in the past, but some have also evolved to fit the changing landscape and our own convictions about what really matters for founders and their investors at the seed stage. Of the last 15 investments we’ve made, we’ve been the lead or co-lead investor over 80% of the time. .

North America 120

North America Seed Stage Early Stage Lead Investor 120

Startup Professionals Musings

DECEMBER 28, 2018

It’s helpful to think of startups as proceeding through several stages, which I have defined some time ago from a funding perspective. The alternative is to work with an innovation institute to evaluate your technology, or hire a consultant. The challenge is finding and using qualified affordable support organizations for each stage.

Incubator 236

Incubator Exit Strategy Institutional Investors Angel Investor 236

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. Localisation du Maghreb (Photo credit: Wikipedia). More details.

Tunisia 114

Tunisia Libya Algeria Mauritania 114

The Next Web

SEPTEMBER 13, 2013

Thomas Clayton has started and run numerous high-tech startups in Silicon Valley. He is currently CEO of Bubbly , a social media startup backed by Sequoia Capital, SingTel Innov8, and JAFCO. The company is one of the largest VC–backed startups in Southeast Asia, having raised over $60M in funding.

Asia 132

Asia Silicon Valley India Singapore 132

Agile VC

OCTOBER 23, 2012

Diversification in that a small investor (by large institutional standards), say a foundation with $25M in assets that wants to commit $1M (4%) of their assets to VC, can get exposure to 10+ individual VC funds through a FoF but might only be able to inveset in 1-2 if they tried to do it directly.

LP 176

LP Accredited Investor Carried Interest Portfolio 176

Startup Professionals Musings

NOVEMBER 27, 2016

It’s helpful to think of startups as proceeding through several stages, which I have defined some time ago from a funding perspective. The alternative is to work with an innovation institute to evaluate your technology, or hire a consultant. The challenge is finding and using qualified affordable support organizations for each stage.

Incubator 120

Incubator Startup Exit Strategy Institutional Investors 120

This is going to be BIG.

OCTOBER 5, 2012

Unlike a venture capital firm that states its criteria on its website and has forms, e-mail addresses, etc to encourage outreach, your site does a lot better job of saying "Go away!". The interesting thing is that being connected to wealth isn't necessarily a driver of good venture capital performance--why would it be?

LP 97

LP Venture Capital Technical Review Nebraska 97

Startup Professionals Musings

MAY 16, 2012

It’s helpful to think of startups as proceeding through several stages, which I have defined before from a funding perspective. The alternative is to work with an innovation institute to evaluate your technology, or hire a consultant. The challenge is finding and using qualified affordable support organizations for each stage.

Incubator 237

Incubator Startup Exit Strategy Institutional Investors 237

Both Sides of the Table

OCTOBER 12, 2014

Prorata investments rights given investors the right to invest in your future fund-raising rounds and maintain their ownership % in your company as your company grows and raises more capital. The number of these groups that did “direct” investments in venture capital used to be relatively small.

Technical Review 336

Technical Review Later Stage Early Stage LP 336

Startup Professionals Musings

JANUARY 13, 2011

It’s helpful to think of startups as proceeding through several stages, which I have defined before from a funding perspective. The alternative is to work with an innovation institute to evaluate your technology, or hire a consultant. The challenge is finding and using qualified affordable support organizations for each stage.

Startup 230

Startup Incubator Exit Strategy Institutional Investors 230

Berkonomics

AUGUST 3, 2023

Some businesses require very little capital and the founder can self-finance the enterprise and retain 100% of its ownership and control from ignition through liquidity event (startup through sale). And even with the significant cost of credit card debt, many entrepreneurs aggressively use existing cards to finance a startup.

Private Equity 118

Private Equity Valuation Cap Table Accredited Investor 118

Both Sides of the Table

MAY 23, 2010

Often when startups who have raised venture capital need another round of financing they will turn to their existing investors to give them money before raising from outsiders. There is a primary reason that inside investors give companies convertible debt rather than just giving you the money as equity.

Startup 290

Startup Burn Rate Warrant Bankruptcy 290

Startup Professionals Musings

JUNE 15, 2013

It’s helpful to think of startups as proceeding through several stages, which I have defined before from a funding perspective. The alternative is to work with an innovation institute to evaluate your technology, or hire a consultant. universities entrepreneurs resources incubators funding startups investors'

Incubator 256

Incubator Entrepreneur Exit Strategy Institutional Investors 256

David Teten

SEPTEMBER 5, 2014

I was excited to see that GLG (formerly Gerson Lehrman Group), the industry leader, is now offering a professional network service geared to the needs of the startup community: GLG Share. Professional expert networks allow you to efficiently convert your financial capital into relationship capital.

New York 114

New York Technical Review Advisory Board Networking 114

David Teten

JULY 3, 2013

I hope you can join me for this program, cosponsored by Empire Angels ; HBS Alumni Angels of Greater New York ; and the The Young Venture Capital Society. what you need to know as an early stage investor: best practices in origination, evaluation, structuring and adding value. So You Want to Be an Angel?

Angel Investor 114

Angel Investor New York Accredited Investor New York City 114

Steve Blank

JUNE 15, 2011

Today, the signs of the new bubble are the Linked-In initial public offering (IPO), Facebook’s stratospheric valuation and the rapid rise of early-stage startup valuation. VCs who understood the ubiquity, pervasiveness and ultimate profitability of these startups doubled-down on their investments. Filed under: Venture Capital.

Silicon Valley 327

Silicon Valley Stealth Valuation Mississippi 327

David Teten

JULY 3, 2013

Co-Sponsored by Empire Angels, HBS Alumni Angels of Greater New York, and Young Venture Capital Society. Must be an individual Accredited Investor who plans to make a private investment in 2013. Members include representatives of several VCs, family offices and other institutional investors.

Angel Investor 114

Angel Investor New York Accredited Investor New York City 114

Gust

SEPTEMBER 27, 2014

Browse through the many hundreds of video answers to startup questions that we’ve filmed from the world’s leading VCs and angels. You really should have spent a heck of a lot of time beforehand in thinking through all of the issues surrounding your startup.

Angel Groups 159

Angel Groups Elevator Pitch Software Review Deal Flow 159

Up and Running

SEPTEMBER 26, 2016

For startups and high-growth businesses, as you scale and encounter new milestones and obstacles, you will be faced with the question of how to finance and plan for that growth. Luckily for founders, the ways in which you can finance your startup are varied based on your business model, your preference, your goals, and timeline, and so on.

Covenant 60

Covenant Institutional Investors Balance Sheet Warrant 60

Rob Go

SEPTEMBER 4, 2018

Most of these rhyme with what we’ve said in the past, but some have also evolved to fit the changing landscape and our own convictions about what really matters for founders and their investors at the seed stage. Of the last 15 investments we’ve made, we’ve been the lead or co-lead investor over 80% of the time. .

North America 36

North America Seed Stage Early Stage Lead Investor 36

David Teten

FEBRUARY 1, 2017

Rise New York (good mailing list) – includes the Barclays Accelerator , in partnership with Techstars , and a coworking space for fintech startups. Work-Bench (enterprise startups, sometimes fintech applicable). Most significant VCs in New York , including ff Venture Capital , are active investors in fintech.

New York 60

New York Community DC Boston 60

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. But I don’t think it will be easy.

Europe 143

Europe LP Institutional Investors Venture Capital 143

The Equity Kicker

FEBRUARY 9, 2016

There’s been a lot of talk recently about what will happen to startup financing in 2016, including here on this blog. In the last couple of years the ratio of money into startups to funds raised by VCs was 2.5 In the last couple of years the ratio of money into startups to funds raised by VCs was 2.5

Marketing 60

Marketing Institutional Investors Venture Capital Later Stage 60

Austin Startup

JANUARY 2, 2021

He was the first institutional investor in Facebook and also an early-stage investor in groundbreaking companies like Etsy, Spotify, C3.AI, Breyer Capital’s Chinese partner IDG Capital, where Jim is Co-Chairman, led some of the first investments in Chinese companies Tencent, Baidu, and Xiaomi. Why Jim Breyer?

Silicon Valley 100

Silicon Valley Austin Texas Raleigh 100

View from Seed

MARCH 26, 2015

Much digital ink has been spilled about what dollar amount constitutes a pre-seed and how that might affect a startup’s ability to go raise a “normal” seed round from institutional investors. It all depends on the type of startup, the types of investors, the structure of rounds, and so on.

Seed Capital 120

Seed Capital Institutional Investors Venture Capital Partner 120

Reid Hoffman

OCTOBER 5, 2020

Most IPOs are managed by a handful of investment banks who run a roadshow to sell stock to risk-averse institutional investors. The result is a slow, expensive process that transfers value from the startups and their shareholders to the banks and their clients.

Venture Capital 28

Venture Capital IPO Cofounder Institutional Investors 28

This is going to be BIG.

NOVEMBER 9, 2015

When I first started in venture capital, back in 2001, I used to fund funds. I worked for an institutional investor that invested in both venture capital funds and later stage growth deals. Doesn't sound smart at all. :) If you're an investor, why do you win? What about as a startup?

Venture Capital 60

Venture Capital Institutional Investors Later Stage Product 60

K9 Ventures

MAY 14, 2011

The companies go through a 3-6 month long startup bootcamp and then typically try to raise angel/seed funding. Angels : Angels are individual investors, who are investing their own capital and doing so on a part-time basis. Some do it for their own ego, to be able to say “I’m an investor in X, Y or Z” at cocktail parties.

Preferred Stock 125

Preferred Stock Seed Stage Incubator Early Stage 125

A Smart Bear: Startups and Marketing for Geeks

FEBRUARY 7, 2012

Indeed, running in the opposite direction is an easier and less risky path, because customers are clear and under-served, perfect for a little startup to service. For the institutional investor, it’s a set of bets. What’s the secret to manufacturing this combination of foresight, timing, and financing?

Institutional Investors 240

Institutional Investors India China Viral 240

David Teten

AUGUST 21, 2019

Should you raise venture capital from a traditional equity VC or a Revenue-Based Investing VC? Like traditional lenders, RBI investors usually don’t take board seats. RBI capital is normally treated as debt. Remember, VCs are comfortable with the venture debt model already. How to Raise Capital for your Startup.

Revenue 60

Revenue Liquidation Preference Equity Cofounder 60

Both Sides of the Table

OCTOBER 1, 2009

So what is driving the new energy in the remaining venture capital firms when we kept hearing how much the whole industry was “against the ropes?&# … 1. The Market rebound – Let’s face it, just as investor sentiment is unnecessary shaken when the markets dive it also becomes overly optimistic when markets bounce.

IPO 255

IPO Investment Bankers Venture Capital Marketing 255