Steve Blank

JUNE 11, 2009

Yet for every founder there are 10-20 other employees who take the near-equivalent risks in joining an early-stage company. If you’re not a founder (by choice, timing or temperament,) you may be an early employee or a later stage startup employee. The rest is worth reading as well. But make sure it fits who you are.

Cofounder 229

Cofounder Founder Silicon Valley Technical Cofounder 229

David Teten

JANUARY 9, 2018

Many VCs focus on specific verticals, usually based on the sector in which a VC initially made her reputation. That said, one limitation in early-stage investing particularly is that 2022’s growth sectors probably don’t fit neatly into a vertical we can define today. This model certainly makes sense.

Venture Capital 60

Venture Capital Private Equity Silicon Valley Differentiation 60

David Teten

JANUARY 9, 2018

Many VCs focus on specific verticals, usually based on the sector in which a VC initially made her reputation. That said, one limitation in early-stage investing particularly is that 2022’s growth sectors probably don’t fit neatly into a vertical we can define today. This model certainly makes sense.

Venture Capital 60

Venture Capital Private Equity Silicon Valley Differentiation 60

View from Seed

SEPTEMBER 14, 2021

Early-stage valuations are up 70%, and late-stage valuations are up 103% (source Pitchbook ). Seed investors are being compensated for the risk because later-stage investors are paying higher prices, and diluting early-stage investors less. This could mean that everything is going to be ok, as Tim Urban explained.

Valuation 319

Valuation Pre-Money Valuation Distribution Early Stage 319

View from Seed

SEPTEMBER 14, 2021

Early-stage valuations are up 70%, and late-stage valuations are up 103% (source Pitchbook ). Seed investors are being compensated for the risk because later-stage investors are paying higher prices, and diluting early-stage investors less. This could mean that everything is going to be ok, as Tim Urban explained.

Valuation 295

Valuation Pre-Money Valuation Distribution Early Stage 295

View from Seed

SEPTEMBER 14, 2021

Early-stage valuations are up 70%, and late-stage valuations are up 103% (source Pitchbook ). Seed investors are being compensated for the risk because later-stage investors are paying higher prices, and diluting early-stage investors less. This could mean that everything is going to be ok, as Tim Urban explained.

Valuation 156

Valuation Pre-Money Valuation Distribution Early Stage 156

A Crowded Space

AUGUST 26, 2013

Later Stages. Let’s look more broadly at later-stage equity financing. Talented investors with strong networks get access to proprietary deals and make money… and the rest of the crowd does not. . . They view press in the early days as meaningless blips of traffic and the potential to invite competitors.

Later Stage 87

Later Stage Liquidity Event Equity Vertical 87