Later Stage SMS Technology Venture Capital 
Both Sides of the Table
JUNE 28, 2010
He says they are just as selective on seed investments as they are in later stage deals. And Mike believes that entrepreneurs often need less capital to get started these days. Formerly known as Fonelet Technologies. Current round: $10mm in Series E from Alloy Ventures, Lightspeed, and Walden International.
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.” But the larger funds usually have lower returns because they are often investing bigger dollars at later stages with less risk and therefore lower returns. I IM and DM and SMS.
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