Steve Blank

JANUARY 22, 2014

Three types of regional venture funds exist today: Regionally located funds, such as Foundry Group in Boulder, are located outside of Silicon Valley or NY but their investments are primarily in the Valley or NY… they are not a regional fund per this discussion. Large regionally based early stage funds have mostly failed.

Early Stage 286

Early Stage Silicon Valley Oregon Technical Review 286

Hunter Walker

DECEMBER 11, 2023

Originally backed by venture capital, in 2021 Daniel worked with TPG , a large private equity firm, to make them the majority investor. As I sat there I was overhearing the secretaries complain about this new computer program they had (WordPerfect, my guess is it was 5.1 for DOS), which they were struggling to use.

Private Equity 78

Private Equity Equity DC Leveraged Buyout 78

Steve Blank

APRIL 12, 2013

The previous post described how the Torch program built China’s innovation clusters. This post is about the rise of Chinese venture capital and how it helped build the countries entrepreneurial ecosystem. The Rise of Chinese Venture Capital. Like the U.S. It went bankrupt in 1997.).

Venture Capital 163

Venture Capital China Offshore SBIR 163

Both Sides of the Table

JUNE 29, 2011

Yesterday I wrote Part 1 of the series on the changes to the software industry over the past decade that has led to changes in the venture capital industry itself. Some have done earlier-stage deals and done well. Others have chased earlier-stage but lack the skills or relationships to do this effectively.

Venture Capital 296

Venture Capital Software LP Early Stage 296

Both Sides of the Table

JUNE 28, 2011

In this three-part series I will explore the ways that the Venture Capital industry has changed over the past 5 years that I would argue are a direct result of changes in the software industry, not the other way around. So it’s unsurprising that typical “A rounds&# of venture capital were $5-10 million.

Venture Capital 334

Venture Capital Software PHP Open Source 334

David Teten

FEBRUARY 3, 2014

Prior to joining ff Venture Capital , I published the first-ever study of how private equity and venture capital funds originate new investments, with my coauthor Chris Farmer , CEO of SignalFire and an experienced VC. ff Venture Capital. First Round Capital. Acquirer/ Investor. 2009) [ii].

Private Equity 114

Private Equity Venture Capital Technical Review Equity 114

David Teten

JANUARY 21, 2021

V: Should you raise venture capital from a traditional equity VC or a Revenue-Based Investing VC? VI: Revenue-based financing: The next step for private equity and early-stage investment. GCVF is pioneering the future of venture capital and high growth startups for all small communities. We plan to raise $2.5m

Equity 78

Equity Revenue Cofounder Colorado 78

VC Cafe

APRIL 29, 2020

According to the Covid-19 impact report by research firm Beauhurst: 5,070 UK companies are at a ‘severe’ or ‘critical’ risk 615K startup and scaleup jobs are at risk Later stage startups are at the most risk Across the board, tech sectors and verticals are the most likely to experience a positive or low impact.

SBA 124

SBA Technical Review Startup 124

Steve Blank

APRIL 23, 2014

In response, venture capital firms like Sequoia and Andreessen/Horowitz are hiring new partners just to work with their portfolio companies and match them to corporations. If they acquire later stage companies who already have users/customers and/or a predictable revenue stream, they are acquiring companies which are executing.

Acquisition 332

Acquisition Intellectual Property Silicon Valley Startup 332

The Equity Kicker

AUGUST 19, 2015

In the words of an alum from the 2006 cohort: Companies are joining YC at a much later stage. When I started YC, most companies wrote their first line of code in the first week in the program. That marks a shift in the YC investment strategy which used to focus on younger businesses.

Later Stage 60

Later Stage Private Equity Venture Capital Valuation 60

Both Sides of the Table

MAY 4, 2013

When I was new at Venture Capital I was trying to figure out the business. What stage? When you are raising a large, later-stage round given by this time you’ve likely got a fairly large business to run. It was a fun period for me because everything was new and I was curious. What price? International money.

Early Stage 361

Early Stage Deal Flow Investment Bankers Technical Review 361

Both Sides of the Table

MAY 4, 2013

When I was new at Venture Capital I was trying to figure out the business. What stage? When you are raising a large, later-stage round given by this time you’ve likely got a fairly large business to run. It was a fun period for me because everything was new and I was curious. What price? International money.

Deal Flow 347

Deal Flow Early Stage Investment Bankers Technical Review 347

David Teten

JANUARY 13, 2015

Avoid being labeled as startup from a “special group” program. I always tried to avoid these programs or classifications. Taking funds from programs targeting anti-pattern entrepreneurs is both helpful and hurtful because you look like you’ve had a special crutch. For early-stage founders, I suggest AngelList and Crunchbase.

Venture Capital 60

Venture Capital Advisory Board Greece Cofounder 60

David Teten

JULY 25, 2017

Most importantly, we have regular meetings with later-stage VCs and enterprise clients both in the US and internationally to discuss our companies which fit their investment mandates. Effectively, we are a market maker between our portfolio companies and the late-stage VCs and large enterprises which are our co-investors.

Portfolio 60

Portfolio Technical Review Private Equity Aggregator 60

Up and Running

AUGUST 17, 2015

The fundraising process may start with friends and family, but may quickly shift to a bank loan, individual angel investors, or at a later stage, venture capital or private equity. Make sure you still pay attention to the overall brand of the MBA program.

Entrepreneur 60

Entrepreneur Cofounder Angel Investor eCommerce 60

Steve Blank

MARCH 17, 2020

A one-year problem means taking a knife to your burn rate (layoffs and elimination of perks and programs to reduce your variable expenses,) renegotiating what previously seemed liked fixed expenses (rent, equipment lease payments, etc.) If they pull back, there will be a liquidity crunch for later stage startups (Series B, C…).

Burn Rate 436

Burn Rate Startup Valuation Sales Cycle 436

Gust

SEPTEMBER 27, 2014

While VCs are the toughest nut to crack, there are many other (often better) sources of seed capital that may be available to you. Gust is used by over 1,000 angel investment groups, accelerators, business plan competitions and support programs to manage their applications. If they’re legitimate, they will.

Angel Groups 159

Angel Groups Elevator Pitch Software Review Deal Flow 159

Up and Running

JANUARY 30, 2014

To thrust our venture forward, gain business skills quickly, and increase our chances of raising capital, we searched for an accelerator program. Accelerators are short entrepreneur training programs designed to jump-start new businesses. The application process for each accelerator program varies. Accelators.

Incubator 105

Incubator New York City Venture Capital Startup 105

Rob Go

JANUARY 10, 2017

A good example of this is Peter Boyce at General Catalyst, who seemed to be everywhere and seemed to know everyone when he was a senior at Harvard (in addition to having been a cofounder of Rough Draft Ventures, HackHarvard, and working at a USV funded startup, among other things). Many very successful investors got their start in this way.

Technical Review 28

Technical Review Due Diligence Deal Flow Early Stage 28

Growthink Blog

MAY 10, 2012

You see, equity capital is raised in stages or rounds. The five main stages include the following: 1. Early Stage Investment (Series A & B) 4. Later Stage Investment (Series C, D, and so on) 5. Stage #4: Later Stage Investment (Series C, D, etc.) Pre-Seed Funding 2. Seed Funding 3.

Equity 88

Equity Mezzanine Later Stage Venture Capital 88

philipsmith.typepad.com

SEPTEMBER 24, 2011

While there have been times in the last dozen or so years, usually during times of venture capital excess, that cash to founders, early-stage executives and other key employees has matched regular market compensation (still with the upside of the equity), this is not true in the vast majority in the start-up game. Predictions.

Silicon Valley 40

Silicon Valley Equity Technical Review Software Review 40

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). And, above all else, we knew this program could feel more human than other existing solutions.

Portfolio 100

Portfolio Startup Boston Seed Stage 100

Austin Startup

MARCH 7, 2021

The University of Houston has the number one undergraduate entrepreneurship program in the country and Rice University has the number one graduate entrepreneurship program in the country. Research Institute, Texas Biomedical Research Institute, and several public universities and Department of Defense research and development programs.

Texas 90

Texas San Antonio Houston Dallas 90

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. Some like to be the first investor to commit and others prefer to be the last.

Angel Investor 59

Angel Investor Technical Review Los Angeles Seed Stage 59

Ben's Blog

APRIL 7, 2021

A similar pattern exists for venture capital funding: In 2020, just three regions — the Bay Area, New York, and Massachusetts — accounted for 70%+ of total venture funding in the U.S. Corporate incentives: Fairchild Semiconductor in 1957 developed a broad-based equity incentive compensation program known as stock options.

Silicon Valley 36

Silicon Valley Non-Compete San Francisco Government 36

Both Sides of the Table

APRIL 3, 2010

This is part of my ongoing series on Understanding Venture Capital. I recently wrote a blog post on understanding how the size and age of a venture capital fund might affect you when you’re raising money. Tags: Pitching VCs Raising Venture Capital VC Industry. The last post was a high-level primer.

Venture Capital 265

Venture Capital Term Sheet Early Stage Silicon Valley 265

Both Sides of the Table

NOVEMBER 18, 2012

That was the topic of my keynote at Seedcon, an event hosted by the University of Chicago, where I am a graduate of the MBA program. Maybe I need to do slightly later stage.” Think about it – most entrepreneurs who manage to raise seed money or venture capital usually raise enough money for 12-18 months maximum.

Monaco 420

Monaco Cofounder Chicago Mexico 420

Software By Rob

JANUARY 8, 2019

During the ensuing two-and-a-half months we’ve spoken with more than 100 founders and investors, worked on terms, and settled on the structure of the program. ” That is, a group of 10-20 companies going through the program together. Traditionally, venture capital has consisted of unicorn-hunting.

Early Stage 46

Early Stage Valuation Seed Capital Revenue 46

Reid Hoffman

JANUARY 19, 2021

I (and many others) have spent our fair share of time criticizing venture capitalists. And there are many, many legitimate criticisms that you could accurately level against more than half of venture capitalists. But venture capital is the only profession whose members get lots of repeat practice being board members.

Startup 36

Startup Cofounder Advertising Hiring 36

Gust

OCTOBER 2, 2014

That was the topic of my keynote at Seedcon, an event hosted by the University of Chicago, where I am a graduate of the MBA program. Maybe I need to do slightly later stage.”. Think about it – most entrepreneurs who manage to raise seed money or venture capital usually raise enough money for 12-18 months maximum.

Cofounder 122

Cofounder Monaco Chicago Mexico 122

techcrunch.com

OCTOBER 23, 2010

The timing is perfect, there is more than a little overlap with Vivek Wadhwa’s guest post on venture capital earlier today. One of the things I do as a founder of a later stage startup is to meet with early stage entrepreneurs to help them get their companies going. Johnny Good post. Partner up?

Technical Review 84

Technical Review Cofounder Technical Cofounder Software Review 84

Steve Blank

OCTOBER 1, 2009

Sloan Foundation , the Sloan School of Management at MIT , the Sloan program at Stanford , and the Sloan/Kettering Memorial Cancer Center in New York. The company was lucky to survive his later stage leadership, and would be gone today had Bill Ford not brought in the ex-Boeing fellow who turned it around and runs it today.

Silicon Valley 156

Silicon Valley United States RSS Customer Development 156

Up and Running

DECEMBER 9, 2014

They cover funding for small businesses from the initial funding stage to later stages of growth, and other areas in between. If you’re looking for five million dollars, you should be thinking institutional capital. In a subscription business, there three to five times would be a really good multiple for that ratio.

Small Business 95

Small Business Finance Forecast Metrics 95

www.paulgraham.com

APRIL 28, 2010

Angels and even VC firms occasionally do this, but they alsoinvest at later stages. The problems are different in the early stages. Venture Capital Funds VC firms are like seed firms in that theyre actual companies, butthey invest other peoples money, and much larger amounts of it.VC

Technical Review 76

Technical Review Startup Software Review Vesting 76