David Teten

SEPTEMBER 23, 2017

Private equity and venture capital investors are copying our sisters in the hedge fund and mutual fund world: we’re trying to automate more of our job. The only problem that faces startup investors now is how to mine this new data layer efficiently to increase returns.”. 2) Raise capital. But we’re doing it slowly.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 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. Similarly, firms like my alma mater ff Venture Capital and Andreessen Horowitz have executed this strategy in VC. – Network. – Incubating companies.

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. Similarly, firms like my alma mater ff Venture Capital and Andreessen Horowitz have executed this strategy in VC. – Network. – Incubating companies.

Venture Capital 60

Venture Capital Private Equity Silicon Valley Differentiation 60

David Teten

SEPTEMBER 6, 2015

And they should be; the feeding frenzy in the innovation economy is in some cases because startups are eating the lunch of more established companies. Mari is now building a new venture in human-machine interaction within the Samsung accelerator, currently in stealth mode. New York Times’ timeSpace is a good example.

Venture Capital 60

Venture Capital Balance Sheet Technical Review Portfolio 60

Both Sides of the Table

FEBRUARY 6, 2019

I’ve heard a lot of people question whether there is too much money in venture capital chasing too few great deals. Others believe that new business models are emerging that could replace venture capital all together. We’re in a new tech bubble!” some have pronounced. Follow the money.

Venture Capital 292

Venture Capital IPO Mezzanine Early Stage 292

VC Cafe

MAY 18, 2023

I’ve been in the world of startups for 20 years and an investor for the past 10 years, but I don’t pretend to be an expert. In the world of startups and investing, we’re all just explorers, trying not to fall into the next hole in the ground. Venture capital investing is a long-term game.

Venture Capital 78

Venture Capital Due Diligence Exit Strategy Deal Flow 78

Both Sides of the Table

DECEMBER 16, 2014

We’ve been dying to tell you all for a while that we had raised a new venture capital fund and of course given SEC filing requirements the story was somewhat already scooped by the always-in-the-know Dan Primack a few weeks ago. Why do they invest in venture capital? We raised $280 million. Who gave you the money?

Las Vegas 396

Las Vegas St. Louis Southern California San Diego 396

Both Sides of the Table

JULY 26, 2016

Many first-time founders seek advice when thinking about what ideas would be great for a startup company and receive the wrong advice that you need to focus on a billion-dollar idea. I advise founders to focus on what I call “basecamp,” which is the first level of success or validation at a startup. So what should you do?

Venture Capital 150

Venture Capital San Francisco Startup Limited Partner 150

Both Sides of the Table

JULY 23, 2014

There has been much discussion in the past few years of the changing structure of the venture capital industry. The rise of alternative sources of capital (crowd funding and the like). But it still takes VC to scale a business (thus large capital into industry winners like Uber, Airbnb, SnapChat, etc). and hasn’t abated.

Technical Review 398

Technical Review Venture Capital Valuation Pre-Money Valuation 398

Both Sides of the Table

FEBRUARY 6, 2017

It was only a year ago that many in the Venture Capital industry were predicting that “winter was coming” and to be fair the author of this post was chief amongst them. This past year was also the year that startup boards also got more disciplined about containing burn rates and pushing for companies to be run more pragmatically.

Venture Capital 150

Venture Capital Saudi Arabia Kuwait Burn Rate 150

Gust

MAY 7, 2014

The venture capital fund itself makes money… …by investing early in a startup company’s life, when success is not at all assured. In exchange for investing capital to help the company grow, the fund receives an ownership interest in the company. This is the money that is invested into the startups.

Venture Capital 154

Venture Capital IPO Limited Partner Carried Interest 154

View from Seed

DECEMBER 4, 2019

The trends described above in VC performance have an upstream effect on Limited Partners which is somewhat counter-intuitive. For example, a $10B endowment might be looking to have 10% ($1B) allocated to venture capital at any one time. Most LPs are trying to manage some targeted asset allocation.

LP 256

LP IRR Distribution Portfolio 256

Austin Startup

JULY 15, 2019

You will coordinate and administer the most active venture capital fund in Texas and see an insane amount of dealflow. You’ll interact with every VC in Texas and those from Silicon Valley who are investing in Texas and every startup CEO who gets funded. You’ll know the inside details about almost every deal that goes down.

Texas 56

Texas Technical Review Silicon Valley Venture Capital 56

Both Sides of the Table

DECEMBER 7, 2014

I spend a lot of time with startups and thus hear many companies talk about their approach to sales and their interactions with customers. But if you want to build a fast-growing, tech-enabled startup it’s hard to imagine doing so without venture capital and lambasting VCs publicly probably isn’t the most thoughtful strategy.

Software Review 341

Software Review Customer Technical Review LP 341

Steve Blank

MARCH 16, 2016

There are many reasons to found a startup. There are many reasons to work at a startup. To most founders a startup is not a job, but a calling. But startups require money upfront for product development and later to scale. Traditional lenders (banks) think that startups are too risky for a traditional bank loan.

Liquidity Event 120

Liquidity Event Founder Liquidation Preference Venture Capital 120

ReadWriteStart

JULY 19, 2023

In the fast-paced world of technology and venture capital, a new player has emerged, poised to significantly impact the startup ecosystem. Big Sky Capital, an early-stage venture capital firm , has recently announced the launch of its inaugural fund, with $20 million in capital commitments.

Kazakhstan 92

Kazakhstan Montana Venture Capital Miami 92

The Startup Magazine

FEBRUARY 11, 2022

On the other side of the spectrum, the idea of finding a unicorn has attracted many investors toward the much riskier venture capital and emerging technologies. Hauser Private Equity was founded by co-managing partner Mark Hauser.

Private Equity 128

Private Equity Equity Technical Review Software Review 128

David Teten

AUGUST 15, 2013

How can a tech startup engage with a Fortune 500 company for mutual benefit? The chasm between the typical Fortune 500 company and a startup is typically too vast for a standard partnership. I worked with our intern team to look for the Fortune 500 companies making the strongest effort to reach out to the tech startup community.

Startup 114

Startup Technical Support Venture Capital Balance Sheet 114

David Teten

JANUARY 19, 2021

More and more startups are pursuing Revenue-Based VCs , but “RBI” doesn’t fit everyone. Similar to the explosion of seed funds in the past decade, we (and some limited partners too ) believe these Flexible VCs are on the forefront of what will become a major segment of the venture ecosystem. Of the Inc. Funder Category.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

www.xconomy.com

JUNE 9, 2012

Startups ›. View More in Startups ›. New San Diego VC Firm Emerges as ‘The Moneyball of Venture Capital’. The firm, Correlation Ventures, is using predictive analytics technology to tilt the odds in its favor. View More in Life Sciences ›. The Skqueak That Roars: New App Combines Drawing, Audio, Images.

San Diego 40

San Diego Venture Capital Technical Review San Francisco 40

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. Importantly, what does this all mean for startups?

LP 311

LP Technical Review Early Stage Silicon Valley 311

Austin Startup

MARCH 15, 2021

For the past decade, Capital Factory has been building a pipeline of tech startups and investment rights and now we’re opening up to everyone through AngelList. The Capital Factory Texas Fund is backed by many of the most successful CEOs and technology investors in Texas and across the U.S.,

Accredited Investor 106

Accredited Investor Texas San Antonio San Francisco 106

David Teten

DECEMBER 24, 2015

At our firm, ff Venture Capital , we didn’t aim to go to Canada, but ended up there anyway. We’re a New York based early-stage venture capital firm. Since 2011, we have invested in four Toronto-based startups as well as one Ottawa-based company, out of 60 active companies in our portfolio.

New York 60

New York Venture Capital Canada Silicon Valley 60

David Teten

AUGUST 19, 2019

I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. I believe that Revenue-Based Investing (“RBI”) VCs are on the forefront of what will become a major segment of the venture ecosystem. Should Private Startups Be Issuing More Bonds? Alternative Capital Summit.

Revenue 60

Revenue Term Sheet Founder Technical Review 60

This is going to be BIG.

JULY 8, 2013

I probably get around a dozen e-mails a week asking me how to get into venture capital. On top of that, anytime I talk to anyone who wants to get involved in startups but isn''t sure what they want to do, inevitably, I hear, "And then I was thinking maybe I should look into venture capital, too.". Know thy self.

Venture Capital 167

Venture Capital Early Stage Portfolio Private Equity 167

thebarefootvc

JULY 3, 2017

Limited partners (LPs), who manage the capital that gets deployed into venture capital funds, can play an important role in diversifying the funding landscape. They decide which VCs receive capital to invest in entrepreneurs.

LP 65

LP Technical Review Silicon Valley Limited Partner 65

Steve Blank

FEBRUARY 10, 2016

The show follows the journeys of founders who share what it takes to build a startup – from restaurants to rocket scientists, to online gifts to online groceries and more. He previously founded N&N Investments LLC, a real estate investment holding company; and is a program leader and fellow of the Startup Leadership Program. .

Silicon Valley 120

Silicon Valley Ohio Columbus Entrepreneur 120

This is going to be BIG.

OCTOBER 5, 2012

Unlike a venture capital firm that states its criteria on its website and has forms, e-mail addresses, etc to encourage outreach, your site does a lot better job of saying "Go away!". The interesting thing is that being connected to wealth isn't necessarily a driver of good venture capital performance--why would it be?

LP 97

LP Venture Capital Technical Review Nebraska 97

Both Sides of the Table

APRIL 2, 2010

This is part of my series on Understanding Venture Capital. What will matter are: whether the people who invest in VC funds (LPs or Limited Partners) increase their activity and the performance of that actual fund. You can ask around to startup lawyers and other entrepreneurs who know these things.

Venture Capital 269

Venture Capital Balance Sheet Early Stage Software Review 269

Austin Startup

MARCH 7, 2021

Austin, Dallas, Houston, San Antonio form a massive startup Megalopolis that is attracting top talent, impact-focused investors, and the most innovative companies in the world. Startups and investors should treat Texas like one big city. These are all potential customers and strategic partners for startups.

Texas 90

Texas San Antonio Houston Dallas 90

This is going to be BIG.

JULY 30, 2015

You incorporate expected company returns, mortality rates, and fee structures to try to predict how a venture capital fund works from a cash in, cash out, and NAV standpoint. And no, the numbers don't exactly add up--but they're more than close enough for venture capital. It's also not the "average fund".

Venture Capital 60

Venture Capital Pre-Money Valuation IRR Valuation 60

Both Sides of the Table

NOVEMBER 9, 2014

We all know that funding markets have changed for startups. Generally speaking in venture capital financings the legal documents will specify that only “major investors” (a threshold set in the agreement – which can be $500,000 investor or more). Has written a book on venture capital. You betcha.

SEC 352

SEC Venture Capital Early Stage Cofounder 352

Steve Blank

JULY 9, 2013

I had a group of ex-students out to the ranch who were puzzling over a dilemma – they’ve been working hard on their startup, were close at finding product/market fit and had been approached by Oren, a potential angel investor. And it sounded like if successful, their startup was going to need additional funding past an angel round to scale.

Advisory Board 319

Advisory Board Venture Capital Angel Investor Limited Partner 319

David Teten

JULY 25, 2017

We have built relationships with a set of service providers specializing in startups, and have pre-negotiated discounted rates with them. Startup companies inherently have no brand; we leverage our brand and networks to promote theirs. – A suite of templates and legal and other forms for a typical startup (e.g.,

Portfolio 60

Portfolio Technical Review Private Equity Database 60

Steve Blank

JULY 15, 2010

If you take funding from a venture capital firm or angel investor and want to build a large, enduring company (rather than sell it to the highest bidder), this isn’t the decade to do it. The collapse of the IPO market and dysfunctional math in the venture capital community has stacked the odds against you. Here’s why.

Venture Capital 297

Venture Capital IPO Liquidity Event Entrepreneur 297

David Teten

JANUARY 11, 2020

They’re taking a $1m check from me, or giving $5m to me as a limited partner. In the venture capital/private equity business, investors are B2B microinfluencers. Other coinvestors: Limited partners, other VCs who are coinvestors, private equity funds which are potential growth-stage investors, etc.

Social Media 60

Social Media Technical Review Media Private Equity 60

Board Effect

MAY 10, 2019

Most people pursue funding for startups by looking for resources that are closest to them. Those who still need additional funds may turn next to angel investors , high-net-worth individuals who are willing to provide funding for small startups and entrepreneurs. That’s where venture funding comes in.

Venture Capital 49

Venture Capital Startup Elevator Pitch Angel Investor 49