View from Seed

DECEMBER 4, 2019

If you aren’t familiar with these metrics, I recommend reading the original post to get a sense of the numbers that I’ll be reviewing here. One or two of the best companies may continue to appreciate, but most of a VC’s portfolio has probably been realized, written off, or has maxed out its value. LP Constraints.

LP 256

LP IRR Distribution Portfolio 256

David Teten

JANUARY 11, 2020

What tech stack should a microinfluencer use? Many investors including me spend most of our day doing the same things people have always done in our job: in my case, due diligence, deal execution, etc. The challenge is that my time and money budget for “influencing”–content creation and marketing– is minimal.

Social Media 60

Social Media Technical Review Media Private Equity 60

Both Sides of the Table

MARCH 1, 2016

At the Upfront Summit in early February, we had a chance to have many off-the-record conversations with Limited Partners (LPs) who fund Venture Capital (VC) funds about their views of the market. …But LPs Have Been Putting Out More Money Than They Are Getting Back. That’s money that fuels our startup ecosystems.

Venture Capital 150

Venture Capital LP Silicon Valley Marketing 150

David Teten

AUGUST 19, 2019

Since 2017 we’ve managed $3 million in revenue-based financing, which helps cash-strapped technology companies grow. In 2019 we partnered with several revenue-based lending providers, effectively creating a marketplace. “. We’re also regularly following-on for existing portfolio companies.”. Bigfoot Capital. ARR of $500K+.

Revenue 60

Revenue Technical Review Software Review Equity 60

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. So the people who invest in VC funds have two problems.

LP 311

LP Technical Review Early Stage Silicon Valley 311

Both Sides of the Table

OCTOBER 12, 2014

Prorata rights are one of the most important rights of a private market technology investors and yet are seldom fully understood. A first or second-time fund has an easier time fund raising when they can show a few 4-8x’s in their portfolio than if they always average up.

Technical Review 336

Technical Review Later Stage Early Stage LP 336

David Teten

DECEMBER 3, 2019

When I met my now-wife, I realized that any technology that can find me a spouse is a killer app. I’d argue that the same type of technologies that have revolutionized dating can revolutionize our industry. . I walk through below how progressive investors are using technology and analytics throughout all of their operations.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

David Teten

JANUARY 19, 2021

Our categorization is not a technical one. Additionally, Flexible VC can accommodate all types of companies, not just asset-lite, tech-enabled companies.”. The value ascribed by subsequent investors (in a secondary); buyers (acquisition); or the public markets (IPO). Flexible VC offers you this. Volatile, uncapped.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

David Teten

SEPTEMBER 6, 2015

Her work included heading Nokia’s location-based services business and app portfolio for emerging markets, which she built from a back-of-a-napkin idea to a 100-person organization with over 10 million users. It comes as no surprise as technology today enables companies to prove product-market fit much earlier in their lifecycles.

Venture Capital 60

Venture Capital Balance Sheet Technical Review Portfolio 60

David Teten

JANUARY 9, 2018

a “Bitcoin Fund”, a “Social Media Fund”, a “Nanotech Fund”), you’re going to raise capital from Limited Partners who are very focused on Theme X. Amar Bhide, my former professor, wrote in Harvard Business Review, “ Strategy is Bunk.” – Technology stack. – Network. – Reputation. – Execution.

Venture Capital 60

Venture Capital Private Equity Silicon Valley Differentiation 60

David Teten

JANUARY 9, 2018

a “Bitcoin Fund”, a “Social Media Fund”, a “Nanotech Fund”), you’re going to raise capital from Limited Partners who are very focused on Theme X. Amar Bhide, my former professor, wrote in Harvard Business Review, “ Strategy is Bunk.” – Technology stack. – Network. – Reputation. – Execution.

Venture Capital 60

Venture Capital Private Equity Silicon Valley Differentiation 60

Both Sides of the Table

APRIL 2, 2010

Some wait 5-7 years but usually this is because it’s proving more difficult to raise a new fund due to market conditions or the lack of returns in their current fund. Fred Wilson also wrote a sophisticated analysis of why he believes the market must normalize to smaller amount of money going into VC firms.

Venture Capital 269

Venture Capital Balance Sheet Early Stage Software Review 269

David Teten

JANUARY 23, 2021

Build the firm as much as possible before you solicit limited partners. . Set up the basic marketing toolkit: deck, website, accurate online databases, and social media accounts. . Your materials should ideally meet the expectations of the Institutional Limited Partners Association, even if you’re not targeting institutions.

Private Equity 78

Private Equity Venture Capital Technical Review Software Review 78

David Teten

DECEMBER 12, 2017

(written by Philipp von dem Knesebeck , Managing Partner, Blue Future Partners (bluefp.com, @bluefutureteam ), and David Teten ). VCs are at the forefront of technological disruption, funding many of the latest cutting edge productivity tools. But what tools are they using themselves to automate their own processes?

Early Stage 60

Early Stage Technical Review Software Review Venture Capital 60

Austin Startup

AUGUST 18, 2017

By Tushar Jain Traditional venture capital firms typically invest in the equity of young, fast-growing, technology startups. This strategy of portfolio composition is known as “venture capital economics”. Big returns on a few investments in the portfolio drive the returns for the whole portfolio.

Venture Capital 54

Venture Capital Marketing Technical Review Portfolio 54

Steve Blank

JULY 2, 2009

As Peter began to speak extemporaneously our mouths slowly fell open as he described the video game market, its size, its demographics, the state of the technology, and the state of games. He took us through a day (and a night) of a hardcore gamer and told us about the new class of CD-ROM based game machines about to hit the market.

Silicon Valley 120

Silicon Valley Technical Review RSS Software Review 120

Growthink Blog

MAY 14, 2014

Here’s why: Market Efficiency. The result has been a “regression to the mean” - with alpha performance by fund managers being driven as much by randomness and luck (as it has been with public market mutual funds for decades) as by coherent design. To Your Success, P.S. Like to learn how to apply these principles to your portfolio?

Venture Capital 101

Venture Capital Disintermediation Technical Review Term Sheet 101

Both Sides of the Table

JANUARY 16, 2012

I’ve raised in boom markets and when everybody thought the Internet was a fraud. And I also now have to raise money myself, but this time from bigger institutions that our industry calls LPs (limited partners). I get approached about clean tech or biotech periodically – I don’t focus on these.

Developer 366

Developer Silicon Valley PR Las Vegas 366

Growthink Blog

JUNE 28, 2010

Unfortunately, most individual investors in private equity significantly under-diversify their portfolios -- investing in one or only a handful of companies. Building a Portfolio - Problems With Current Solutions Admittedly, a portfolio approach to private equity is much easier said than done for the individual investor.

Private Equity 63

Private Equity Technical Review Silicon Valley Los Angeles 63

Growthink Blog

JUNE 28, 2010

Unfortunately, most individual investors in private equity significantly under-diversify their portfolios -- investing in one or only a handful of companies. Building a Portfolio - Problems With Current Solutions Admittedly, a portfolio approach to private equity is much easier said than done for the individual investor.

Private Equity 63

Private Equity Technical Review Silicon Valley Los Angeles 63

abovethecrowd.com

APRIL 20, 2016

Why the Unicorn Financing Market Just Became Dangerous…For All Involved. All Unicorn participants — founders, company employees, venture investors and their limited partners (LPs) — are seeing their fortunes put at risk from the very nature of the Unicorn phenomenon itself. We should expect more of these in the future.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40