Both Sides of the Table

FEBRUARY 20, 2019

In 2019 market conditions often are such that founders retain control of the board through the A-round, usually in a 2–1 (common to investor) ratio but sometimes it’s 3–2 (common to investor). If you’re a super experienced Silicon Valley CEO with a billion-dollar exit?—?probably. But it’s quite rare.

Venture Capital 236

Venture Capital Startup Angel Investor Silicon Valley 236

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. A quant approach is common in the public markets, but used by few in the private company investing space. – Network. – Reputation. – Quantitative investing.

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. A quant approach is common in the public markets, but used by few in the private company investing space. – Network. – Reputation. – Quantitative investing.

Venture Capital 60

Venture Capital Private Equity Silicon Valley Differentiation 60

Steve Blank

JUNE 1, 2011

Silicon Valley, New York). While startups eventually get into execution mode, their initial stages are devoted to a non-linear, chaotic search for a business model: finding product/market fit to identify a product or service people will buy in droves at a sustainable, profitable pace. Here’s how. better user growth.

Silicon Valley 290

Silicon Valley Business Model Venture Capital Balance Sheet 290

Steve Blank

JUNE 1, 2011

Silicon Valley, New York). While startups eventually get into execution mode, their initial stages are devoted to a non-linear, chaotic search for a business model: finding product/market fit to identify a product or service people will buy in droves at a sustainable, profitable pace. Here’s how. better user growth.

Silicon Valley 258

Silicon Valley Business Model Venture Capital Balance Sheet 258

David Teten

AUGUST 19, 2019

The mode purpose for funding is (in order of frequency) Sales, Marketing, Market Expansion, Product Development, and Hiring Employees. We provide revenue-based funding and business acceleration support to service-based small businesses located outside of major capital markets such as Silicon Valley and New York City.”. “We

Revenue 60

Revenue Technical Review Software Review Equity 60

Both Sides of the Table

MAY 9, 2012

I was here to see one of our LPs (limited partners are the people who invest money in VC funds) called Fort Washington. They’ve been a long-term investor in our fund – GRP Partners – and it was important to me to spend time with them in their home market and meet the people with whom they deal locally. So get out there.

Houston 364

Houston Dallas Los Angeles Chicago 364

Austin Startup

MARCH 7, 2021

Texas is the most promising technology market in the United States. If you want to launch a new business, this is a great market to launch from because you can easily reach all of the major Texas cities with one office. The larger Dallas metro-region is the fourth largest in the country and Houston metro-region is the fifth.

Texas 90

Texas San Antonio Houston Dallas 90

Steve Blank

MARCH 22, 2009

So I gave my “ The Secret History of Silicon Valley ” talk as the keynote to the CIA’s venture capital conference. Their VC firm, In-Q-Tel , has been in business for 10 years, and like most VC firms they have an annual event where they show off their new portfolio companies to their limited partners and other VC partners.

Silicon Valley 247

Silicon Valley Thailand RSS Venture Capital 247

ReadWriteStart

JUNE 13, 2011

Silicon Valley, New York). While startups eventually get into execution mode, their initial stages are devoted to a non-linear, chaotic search for a business model: finding product/market fit to identify a product or service people will buy in droves at a sustainable, profitable pace. Here's how. better user growth.

Silicon Valley 117

Silicon Valley Balance Sheet Metrics Early Stage 117

Steve Blank

JULY 2, 2009

Entrepreneur-in-Residence After SuperMac I had been approached by one of our venture investors to be an entrepreneur in residence (EIR), a Silicon Valley phrase which says one thing but means another. Peter described the first company in which “Hollywood meets Silicon Valley” and we were enthralled.

Silicon Valley 120

Silicon Valley Technical Review RSS Software Review 120

Eric Friedman

AUGUST 18, 2021

One dimension is a pretty firm belief that starting financial services companies should not be as hard as it is, and that there is demand in the market for yet another venture fund focused on functionally day-zero companies in financial services. On Leaving Silicon Valley Bank. Dan Kimerling: There are a couple of dimensions.

Silicon Valley 88

Silicon Valley Venture Capital Cofounder Africa 88

ReadWriteStart

DECEMBER 26, 2012

Kedrosky thinks it will be eased by the return to the venture market of big investors like pension funds. “That’s been the story for the last six years, actually – Limited Partners (LPs) shying away from the asset class,” he said. “But I think this is the end of the venture market contraction. .

Silicon Valley 60

Silicon Valley Chile Startup Turkey 60

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). You’re meeting people who can give you market insights and information. REAL information.

Developer 366

Developer Silicon Valley PR Las Vegas 366

finance.fortune.cnn.com

AUGUST 21, 2012

Term Sheet The latest on private equity, M&A, deals and movements — from Wall Street to Silicon Valley. Almost all of them would be characterized as venture capital, with a few exceptions for funds managed by The Blackstone Group ( BX ), Providence Equity Partners and Spectrum Equity Investors. Market Movers.

Naming 49

Naming Term Sheet Private Equity Equity 49

Steve Blank

OCTOBER 29, 2009

This is the second of three posts about the rise of “risk capital” and how it came to be associated with what became Silicon Valley. ———————– The First Valley IPO’s Silicon Valley first caught the eyes of east coast investors in the late 1950’s when the valleys first three IPO’s happened: Varian in 1956, Hewlett Packard in 1957, and Ampex in 1958.

Silicon Valley 125

Silicon Valley SBIC San Francisco RSS 125

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

Steve Blank

FEBRUARY 3, 2011

Hubris , bad CEO decisions (mine) and a fundamental lack of understanding that we were in a “hits-based” entertainment business not in a Silicon Valley technology company were slowly killing us. Their fiduciary responsibility was to manage a portfolio of investments for their limited partners. I liked my two investors.

San Francisco 331

San Francisco Silicon Valley Limited Partner Venture Capital 331

Professor VC

JANUARY 20, 2009

The last blogger in Silicon Valley. From first hand experience, we certainly felt the market conditions and the funding process was much more difficult than anticipated. Some were also dealing with issues of limited partners struggles with capital calls and asset allocations. ProfessorVC. Tuesday, January 20, 2009.

Venture Capital 28

Venture Capital Silicon Valley San Jose Bootstrapping 28

Professor VC

SEPTEMBER 24, 2009

The last blogger in Silicon Valley. Id break down into two separate pieces - financial analysis and business/market analysis. On the other side, you have Market Analysis (96%) followed by gut (67%). This brings up the age old question on whether you are investing in markets or teams. ProfessorVC.

San Jose 33

San Jose Angel Investor Venture Capital Mezzanine 33

Growthink Blog

JUNE 28, 2010

angel investor deal community - namely Silicon Valley. Most are centered in the main entrepreneurial hubs - Silicon Valley, Los Angeles, Boston, New York, Austin, Phoenix, Salt Lake - among other locales, and generally involve groups of individual investors coming together to review and diligence deals in a group review format.

Private Equity 63

Private Equity Technical Review Silicon Valley Los Angeles 63

Growthink Blog

JUNE 28, 2010

angel investor deal community - namely Silicon Valley. Most are centered in the main entrepreneurial hubs - Silicon Valley, Los Angeles, Boston, New York, Austin, Phoenix, Salt Lake - among other locales, and generally involve groups of individual investors coming together to review and diligence deals in a group review format.

Private Equity 63

Private Equity Technical Review Silicon Valley Los Angeles 63

David Teten

APRIL 30, 2018

While fundraising of US VCs has dropped slowly as a percentage of global limited partner allocations over the last decade, non-US startups are receiving a more rapidly increasing percentage of that money. Typically engineering, QA, and support are offshore, while CEO, sales, and marketing are in the US. Source: NVCA, Pitchbook.

United States 60

United States Silicon Valley Canada Offshore 60

David Teten

APRIL 30, 2018

While fundraising of US VCs has dropped slowly as a percentage of global limited partner allocations over the last decade, non-US startups are receiving a more rapidly increasing percentage of that money. Typically engineering, QA, and support are offshore, while CEO, sales, and marketing are in the US. Source: NVCA, Pitchbook.

United States 60

United States Silicon Valley Canada Offshore 60

www.paulgraham.com

APRIL 28, 2010

Thats why fundraisingand the enterprise market kill and maim so many startups. [ All products should be considered experiments, and those that have a market show promising results extremely quickly. It always comes down to your own product and approach to the market. Expect the Worst with Deals Deals fall through.

Technical Cofounder 110

Technical Cofounder Startup Cofounder Founder 110

This is going to be BIG.

APRIL 10, 2015

To benefit from the explosive growth of companies like Uber, Airbnb, Dropbox, etc, you had to fit in either one of two categories: be an angel investor already in an inner circle of experienced angels and entrepreneurs, largely located in Silicon Valley, or be an investor in a venture capital fund that backed those companies.

Venture Capital 60

Venture Capital SEC Accredited Investor Silicon Valley 60

Professor VC

DECEMBER 8, 2015

I was a Limited Partner in Angel Investors II (Ron Conway's angel fund) that was an investor in Confinity. Resetting of Liquidity Clock - Similar to raising a large late stage private round, this also increases the combined enterprise value and limits potential exits to either an IPO or very large acquisition.

Merger 28

Merger LP IPO Redemption 28

Pascal's View

MARCH 9, 2010

Answer: Actually there is plenty of financial information available from private companies, but that does not mean that it is available to institutional investors as passive investors who are Limited Partners in venture capital or other private equity partnerships.

Government 31

Government Private Equity Institutional Investors Venture Capital 31

Both Sides of the Table

MARCH 1, 2010

I’m not talk about the age old debate amongst investors whether you back entrepreneurs, markets or products (or as people like to hedge – product / market fit). I’m on the record as saying I’m 70% management, 30% market. I’m on the record as saying I’m 70% management, 30% market. I’m unequivocal on that topic.

Entrepreneur 321

Entrepreneur Warrant Silicon Valley Early Stage 321

Both Sides of the Table

MARCH 6, 2017

Every year Upfront Ventures surveys Limited Partners (LPs) who are the main source of capital that invests in VC funds and thus the main source of capital that goes to startups to get an early-warning sense of the year ahead, leaving aside any Black Swans. Note that all of these names were not started in Silicon Valley.

LP 286

LP Silicon Valley Venture Capital Startup 286