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. Here’s my take: 1.

LP 311

LP Technical Review Early Stage Silicon Valley 311

VC Cafe

JULY 5, 2010

-based Angel capital with early stage technology companies in Israel, and do so in a way that substantially mitigates the risk of seed stage investing. Secondly, we are selling a fixed investment product – a fixed number of investors, a fixed buy-in and a fixed number of portfolio companies.

Technical Review 106

Technical Review Software Review Seed Stage 106

Reid Hoffman

AUGUST 6, 2020

At the seed stage, we have backed very non-obvious, non-pedigreed entrepreneurs, in spaces that weren’t obvious, who ended up being amazing. HOW DOES GREYLOCK EVALUATE COMPANIES AT THE SEED-STAGE? WHAT’S DIFFERENT ABOUT EARLY-STAGE INVESTING IN THIS MOMENT? Do I believe in your ability to recruit for that company?

Technical Review 69

Technical Review Seed Stage Software Review Early Stage 69

Both Sides of the Table

JULY 23, 2014

The rise of “micro VCs” or seed-stage funds. 15 years ago we were at the peak of Internet hype with the launch of many over-capitalized businesses with a market size & opportunity was limited. 50x more Internet users (2.4 On the surface the narratives have been. Where are we today?

Technical Review 398

Technical Review Venture Capital Valuation Pre-Money Valuation 398

Austin Startup

MAY 11, 2017

645 Ventures 645 Ventures makes deeply-researched investments in institutional Seed to Series A rounds for exceptional companies who demonstrate stellar early results in the areas of market validation, product differentiation, team strength, and brand narrative. These sectors generally leverage the Internet or software in a fundamental way.

Private Equity 48

Private Equity Venture Capital Technical Review Seed Stage 48

Both Sides of the Table

APRIL 20, 2011

One example is that they introduced a program where their founders can pool together shares from their company and exchange them for a small portfolio of other First Round Capital companies. First Round Capital invests heavily in its own infrastructure to help add value to the portfolio companies. I'm a huge fan of this innovation.

Pre-Money Valuation 284

Pre-Money Valuation Technical Review Cofounder Cram Down 284

View from Seed

FEBRUARY 16, 2021

Out of hundreds of applications, we selected six pre-seed stage teams building companies shaping a brighter collective future by combining software and creativity to drive change in the lives of everyday people — their businesses include everything from empowering local main street businesses to making automobile insurance more accessible.

Seed Stage 285

Seed Stage Programming Finance B2B 285

View from Seed

SEPTEMBER 3, 2014

More Things became Internetted of. Last year, NextView co-founder and partner David Beisel asked our portfolio startups which service providers they use to make up the nuts and bolts of their businesses, which he published as the first edition of a potentially recurring resource. And, apparently, more Lyfts were Ubered.

Boston 331

Boston Seed Stage Portfolio Cofounder 331

David Teten

MARCH 18, 2021

Investment theses are just hypotheses; the portfolio shows how accurate the hypothesis was. Foundry Group, investing primarily in “ Software and Internet ”, follows six major themes, e.g., Human Computer Interaction (HCI) or Distribution. Investment theses are just hypotheses; the portfolio shows how accurate the hypothesis was.

Technical Review 78

Technical Review Cofounder Venture Capital Deal Flow 78

View from Seed

AUGUST 2, 2017

Internet-connected computing is an innovation wave on par with a few historical developments of the 18th, 19th, and 20th centuries. Conventional wisdom has it that the internet is towards the end of this cycle — and many VCs are on the hunt for the next platform, whether it be blockchain, or AI, or synthetic biology, or what have you.

Seed Stage 273

Seed Stage Portfolio Cofounder B2B 273

Agile VC

JULY 15, 2015

How does physical stuff fit in with NextView’s investment thesis focused on the internet and the broad innovation wave it represents? For starters we take a very, very long term view of internet innovation (more on this below). The internet as we know it is 20ish years old.

Internet 100

Internet Stealth Cofounder Seed Stage 100

Agile VC

JULY 15, 2015

How does physical stuff fit in with NextView’s investment thesis focused on the internet and the broad innovation wave it represents? For starters we take a very, very long term view of internet innovation (more on this below). The internet as we know it is 20ish years old.

Internet 100

Internet Stealth Cofounder Seed Stage 100

Agile VC

SEPTEMBER 15, 2011

In the software an internet space a number of companies obviously had strong public offerings (LinkedIn, Yandex, Pandora, RenRen, et al). I co-founded NextView Ventures , a seed-stage VC firm based in Boston, in 2010. Startup IPO Market: A Fickle Mistress. September 15, 2011. The IPO market, she is a fickle mistress.

IPO 100

IPO Marketing Silicon Valley Technical Review 100

Both Sides of the Table

APRIL 2, 2010

A fund size of $100 million – $200 million is likely to either be an A round investor or “stage agnostic&#. A round investor implies they are the “first institutional money in the deal.&# GRP Partners is stage agnostic. We also took one of our large portfolio companies, Ulta, public.

Venture Capital 269

Venture Capital Balance Sheet Early Stage Software Review 269

Up and Running

MARCH 11, 2015

Bill Gurley of Benchmark Capital doesn’t publish frequently, but his essays on market trends and Benchmark portfolio companies are a window into how VCs view the world and the kinds of business models that they find most interesting. Follow AVC on Twitter @avc, f ollow Fred on Twitter @fredwilson. Above the Crowd. Hi, I’m David G.

Venture Capital 60

Venture Capital Technical Review Silicon Valley Cofounder 60

View from Seed

OCTOBER 18, 2017

We believe that the internet is a super-technology, and are most excited about the second-order effects that this super-technology will have on everyday life for everyday people. How Can Seed-Stage Startups Become Ubiquitous or Habitual? Of course, the holy grail for any company is to be both ubiquitous and habitual.

Vertical 166

Vertical Seed Stage Viral Portfolio 166

View from Seed

AUGUST 13, 2014

We at NextView Ventures invest exclusively in a startup’s seed-stage round , meaning that many if not most of our deals are made alongside individual angel investors. Cons of an investment from a Super Angel include potential lack of “value-add” because his or her time is spread so thin amongst many portfolio companies.

Angel Investor 334

Angel Investor Syndicate Syndication Early Stage 334

Agile VC

FEBRUARY 5, 2014

We invest in internet enabled companies at NextView and our portfolio is roughly equally split between consumer and B2B businesses. You will be benchmarked on revenue and paying customers when you seek Series A funding… conceivably even at seed stage. But B2B startups need to take a different tack.

Revenue 234

Revenue Product B2B Marketing 234

Diego Basch

MARCH 14, 2013

I don’t plan to allocate more than 5% of my portfolio to startups. One of my portfolio companies is about eight blocks from where I live, and another one is fifteen minutes away by Muni. If your seed-stage company fits the criteria above, please contact me. I would not want to be in that position.

San Francisco 55

San Francisco Startup Silicon Valley Seed Stage 55

View from Seed

DECEMBER 17, 2015

Portfolio companies can contact us to learn more.) How do you position yourself as the latter if you’re a seed-stage startup founder? So the average entrepreneur’s biggest sell is to get a developer plugged into a different “internet of people” than Google can. office, right in the heart of MIT.

Technical Review 120

Technical Review Engineer Software Review Founder 120

The Equity Kicker

JUNE 24, 2013

The big news in my corner of the world is that after nine good years I’ve left DFJ Esprit to join Forward Internet Group where I will be Managing Partner at Forward Investment Partners (FIP), responsible for early stage investments and Forward Labs. The full portfolio list is here.

Partner 111

Partner Seed Stage Early Stage Portfolio 111

Rob Go

NOVEMBER 12, 2012

We are pretty explicit that we are a dedicated seed stage fund focused on internet-enabled businesses. Often, the most straightforward way to do this is through the founder of a portfolio company. The best way is usually an introduction through an entrepreneur or trusted advisor to the investor.

Portfolio 67

Portfolio Social Media Seed Stage Email 67

allthingsd.com

JULY 16, 2012

In the largest sector, Internet, median deal size increased at every stage of funding for the first time ever, CB Insights said. Venture capitalists were particularly aggressive on early-stage investments in the second quarter. Now Owned by LinkedIn, Digg’s Patent Portfolio Was All About Its Social News Interface.

Venture Capital 71

Venture Capital Technical Review RSS Charlotte 71

View from Seed

JANUARY 11, 2023

Pre-Seed & Seed stage startup teams who could benefit from capital and engaged, hands-on mentorship from the NextView partnership & extended advisor network. Everyone in the NextView partnership has deep operating experience as founders and operators scaling high-growth internet companies (e.g. Let’s do this! .

Programming 156

Programming Sacramento San Francisco Founder 156

Genuine VC

AUGUST 3, 2012

For us, the investment is certainly fresh and newest in our portfolio, but it also feels familiar. CEO Anne Raimondi and my partner Rob were colleagues together at eBay in the early 2000’s before she went on the lead product and/or marketing at many household internet names like Zazzle, InsiderPages, and SurveyMonkey.

Seed Stage 199

Seed Stage Cofounder Portfolio Curation 199

Mucker Lab

JANUARY 1, 2014

Apple finally decides to spend its cash hoard on buying internet companies instead of just on building cool campuses (RIP Cupertino Village and Fantasia? ). Huge funding gap appears for seed stage companies as seed stage VC firms look for series A traction and accelerators look for seed stage traction.

Seed Stage 84

Seed Stage Early Stage Distribution Bootstrapping 84

View from Seed

JANUARY 10, 2022

Pre-seed & seed-stage startup teams who could benefit from capital and engaged, hands-on mentorship from the NextView partnership & extended advisor network. Everyone in the NextView partnership has deep operating experience as founders and operators scaling high-growth internet companies (e.g. Who you are.

San Diego 156

San Diego San Francisco Alabama Valuation 156

Genuine VC

MARCH 18, 2014

Fairly often entrepreneurs will pitch investing in their seed-stage company, and it starts sounding great… interesting market… great team… notable early traction… until we arrive at the financials + fundraising slide and the projections state that this round of Seed financing is planned to be their last.

Seed Stage 202

Seed Stage Dividend Finance Portfolio 202

View from Seed

DECEMBER 7, 2017

We’ve shared our thoughts on how the internet and associated digital technologies are creating massive shifts in home , apparel , and other categories. Quilt (a NextView portfolio company incubated in our Boston office) recently launched a fully digital life insurance product that approves policies in just 15 minutes.

Finance 185

Finance Distribution Seed Stage Government 185

Genuine VC

FEBRUARY 12, 2012

We at NextView Ventures often invest in a startup’s first round alongside other funds; either seed stage focused ones like ourselves or larger traditional firms. CONS of an investment from a Super Angel include potential lack of “value add” because his time is spread so thin amongst many portfolio companies. The Domain Angel.

Angel Investor 257

Angel Investor Syndicate Syndication Early Stage 257

Rob Go

JANUARY 7, 2013

This is why I’ve made a habit of profiling our portfolio quantitatively and why we write summaries announcing pretty much all of our new investments. So, here is our annual quantitative summary of our portfolio. We focus on investing in seed stage companies. A Stroll Through Our Portfolio.

Portfolio 49

Portfolio Seed Stage Cofounder B2B 49

Mucker Lab

JANUARY 1, 2014

VC’s accelerate investments in “internet of things” except sometime in Q4, wake up and realize it’s no different than “consumer electronics” – and that we still need to innovate around the manufacturing infrastructure, distribution economics, and consumer liability of the consumer goods business to really make this a venture fundable category.

Seed Stage 60

Seed Stage Early Stage Distribution Bootstrapping 60

Genuine VC

JULY 8, 2010

With the support and encouragement of my Venrock colleagues, I am pleased to share that I am moving on to co-found a new Micro VC firm focused on seed internet investments. I am excited to remain on the Board of Directors for Venrock’s portfolio company BlogHer.

Silicon Valley 154

Silicon Valley Seed Stage Cofounder Venture Capital 154

Genuine VC

JANUARY 22, 2014

We are looking for a passionate, outgoing, and talented individual embedded within the local Boston entrepreneurial community to facilitate information sharing between NextView portfolio companies, spearhead community-building & outreach efforts, and help promote our firm. Compensation will be competitive based on experience.

Community 113

Community Boston Seed Stage Venture Capital 113

K9 Ventures

JULY 21, 2016

And 2 seed stage companies that haven’t launched yet. That’s 7 out of about 29 investments that K9 has made to date and so that’s almost 1/4 of the K9 portfolio. Among the fun inventory stories, twice one of my portfolio companies has ended up forecasting less than what they could have sold.

Software Review 48

Software Review Forecast Portfolio Distribution 48

Agile VC

FEBRUARY 21, 2012

As many of you know, NextView is a seed-stage VC fund. We make initial investments of $250-500K in the seed rounds of software and internet startups and reserve capital for follow-on rounds. Just under half our portfolio is B2B in nature, slightly more than half is consumer-facing in some way. Best of luck.

LP 100

LP Seed Stage Silicon Valley Limited Partner 100

Up and Running

DECEMBER 13, 2021

Are any of your portfolio companies using {insert related technology/software/product here}? If you are pitching from home or from an office, I strongly recommend using an ethernet cord to improve your internet quality. During the pre-seed and seed stages, it is quite common for founders to pitch over 50 potential investors.

Founder 85

Founder Cofounder SMS Seed Stage 85