David Teten

APRIL 8, 2013

My coauthors and I just published in the Journal of Private Equity the first-ever research study on best practices of venture capitalists in creating portfolio company value through operational support, exploring exactly these questions. Analytics and Data Contributed Articles Portfolio Operations Private Equity Venture Capital'

Private Equity 114

Private Equity Hungary IRR Venture Capital 114

Steve Blank

JUNE 23, 2016

As a consequence, corporations used metrics like return on net assets (RONA), return on capital deployed, and internal rate of return (IRR) to measure efficiency. For the first 75 years of the 20 th century, when capital for new ventures was scarce, the smartest engineering talent went to corporate R&D labs.

Architecture 227

Architecture IRR Balance Sheet Liquidity Event 227

Andrew Payne

MARCH 25, 2009

The venture capital business is in the middle of a shakeout. For too long, venture’s been over-funded and over-staffed with homogeneity: the same kinds of partners, operating with the same fund model, looking at the same investments, in the same markets.

Venture Capital 40

Venture Capital IRR Capital Call Distribution 40

David Teten

NOVEMBER 17, 2011

Projections were based on dozens of operational assumptions related to pricing, production, marketing spend, etc. Finally, financial assumptions such as capital structure and taxes had to be considered. In banking, a lot of my time was spent on modeling cash flows. Participa.me

Employee 155

Employee IRR Startup Mexico 155

Growthink Blog

JUNE 3, 2014

Over the last three weeks, we have discussed the various factors that drive the 25% IRR return potential of the startup and emerging company investing class. Unfortunately, all of these approaches rely on something in exceedingly short supply in today’s financial marketplace. As in, Trust Us and we will take care of it for you.

Omaha 91

Omaha Accredited Investor IRR Silicon Valley 91

David Teten

AUGUST 21, 2019

Should you raise venture capital from a traditional equity VC or a Revenue-Based Investing VC? The RBI investor is motivated to help the company grow because that speeds up the pace of revenue payback, and therefore IRR. RBI capital is normally treated as debt. Who are the major Revenue-Based Investing VCs?

Revenue 60

Revenue Liquidation Preference Equity Cofounder 60

Growthink Blog

MAY 21, 2014

There were some great responses to my post last week as to the poor returns experienced by venture capital fund investors. Now Berkshire Model companies, as entities with fundamentally investment vs. operating mindsets more naturally position, language, and network their businesses in finance contexts.

San Diego 72

San Diego Warrant IRR Investment Bankers 72

Both Sides of the Table

MAY 25, 2013

“I don’t know the exact math, but I hear it again and again: the top 2% of firms generate 98% of the returns in venture capital.” The better way to think about VC returns is, do the firms consistently beat alternative asset clases on an IRR basis to adjust for the increased risk and lack of liquidity?

LP 374

LP Later Stage IRR Term Sheet 374

VC Cafe

MARCH 8, 2010

Only three Israeli venture capital funds completed their fund raising efforts in 2009: Sequoia Capital Israel , announced final closing of Sequoia IV, a $200 million vintage 2009 fund. In 2010, the capital available for investment in first round and follow on rounds now stands on $1.2 as its main investor).

IRR 74

IRR Venture Capital Institutional Investors 74

abovethecrowd.com

APRIL 20, 2016

In Silicon Valley boardrooms, where “growth at all costs” had been the mantra for many years, people began to imagine a world where the cost of capital could rise dramatically, and profits could come back in vogue. Competition also has access to capital. Anxiety slowly crept into everyone’s world. 2015 was the exact opposite.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

K9 Ventures

NOVEMBER 30, 2008

The business of venture capital is relatively young. The birth of modern-day venture capital (not considering the European monarchs financing explorations and projects as venture capital) can be traced back to American Research and Development, which was started by Georges Doriot. Background.

IRR 48

IRR Venture Capital LP Early Stage 48

David Teten

NOVEMBER 23, 2020

Blue Future Partners, a venture capital fund of funds, recently interviewed me on ESG in venture capital. In its first full year of operation, VCAP attracted 159 applicants. Traditional KPIs are, in descending order of importance: IRR (and secondarily Multiple). Firm revenues.

Venture Capital 60

Venture Capital Partner Technical Review Cofounder 60