Pascal's View

DECEMBER 17, 2012

Denis Dougherty of Intersouth Partners was recently interviewed by Brian Gormley of The Wall Street Journal on the decade-long liquidity crisis that continues to plague the venture capital industry.

Acquisition 38

Acquisition Merger Covenant Liquidity Event 38

Steve Blank

JULY 2, 2009

To an entrepreneur, being asked to join a venture firm with an Entrepreneur-in-Residence title means you have been tapped on the shoulder by the VC gods. The CDROM content business in the early 1990’s was one of the many of the long line of venture capital fads. Lots of ideas sound exciting because people are clueless.

Silicon Valley 120

Silicon Valley Technical Review RSS Software Review 120

Steve Blank

JUNE 11, 2013

Who are the partners? If you’re a lifestyle entrepreneur or a small business, odds are the return you can provide is not what traditional angel or venture investors are looking for. These sources are a lot more forgiving of iterations and pivots than later-stage venture-capital funds. Filed under: Venture Capital.

Venture Capital 225

Venture Capital IRR Liquidity Event Business Model 225

Startup Professionals Musings

AUGUST 17, 2014

Here are some basic “rules of thumb” that every Angel or venture capital equity investor uses, to help you anticipate their reactions. The only path to any return for equity investments is a liquidity event, like a merger or acquisition (M&A), or IPO. Venture capital requests that get satisfied are even lower.

Liquidity Event 249

Liquidity Event Equity Venture Capital Merger 249

www.vccafe.com

MARCH 11, 2013

Venture Capital Cafe > Startup Resources (Updated Mar 2013). Boilerplate Venture Funding Documents. National Venture Capital Association â?? Raising Venture Capital. Mark Suster GRP Partners Advice. Venture Hacks equity section. Philippe Botteri, Bessemer Venture Partners.

Software Review 53

Software Review Technical Review Startup 53

Startup Professionals Musings

MAY 28, 2013

Here are some basic “rules of thumb” that every Angel or venture capital equity investor uses, to help you anticipate their reactions. The only path to any return for equity investments is a liquidity event, like a merger or acquisition (M&A), or IPO. Venture capital requests that get satisfied are even lower.

Liquidity Event 243

Liquidity Event Startup Equity Venture Capital 243

Gust

AUGUST 10, 2014

Here are some basic rules of thumb that every Angel or venture capital equity investor uses, to help you anticipate their reactions. The only path to any return for equity investments is a liquidity event, like a merger or acquisition (M&A), or IPO. Venture capital requests that get satisfied are even lower.

Liquidity Event 176

Liquidity Event Equity Venture Capital Merger 176

Pascal's View

MARCH 12, 2010

This is the fifth in our series of ten frequently asked questions from investors in venture capital partnerships. The VC fund may have one managing partner that sets the tone and controls the entire firm, or it may have a collegial distribution of governance among several senior partners. Share and Enjoy:

Government 28

Government Portfolio Technical Review Due Diligence 28

Growthink Blog

JANUARY 13, 2013

Enacting a liquidity event. This is because even with all their relevant experience, the average venture capital firm will lose money on half the companies they invest in and only break even on a third. So, the first criteria when seeking venture capital is that you can offer the potential of a 10X return to them.

Venture Capital 92

Venture Capital Angel Investor Liquidity Event Term Sheet 92

Growthink Blog

SEPTEMBER 9, 2011

A venture capital firm is a financial institution that focuses on providing capital, in the form of equity, to companies who offer them the prospects of significant growth. The partners and associates at venture capital firms are known as venture capitalists. So follow this plan: 1. Narrow your list.

Venture Capital 114

Venture Capital Liquidity Event Initial Public Offering Term Sheet 114

Berkonomics

JUNE 8, 2017

The subject of raising money is critical to many businesses and a passing option to others, depending upon the capital efficiency of the enterprise. Strategic partner” investors: If you can find a strategic partner willing to invest in your enterprise, consider it a blessing. For you who fit that description, nice work.

Private Equity 106

Private Equity Valuation Cap Table Accredited Investor 106

David Teten

AUGUST 21, 2019

Should you raise venture capital from a traditional equity VC or a Revenue-Based Investing VC? But you also can’t run the company forever, since investors need a liquidity event. That said, Jim Toth, Managing Partner, Riverside Acceleration Capital, observes, “Actually, everyone is aligned towards growth.

Revenue 60

Revenue Liquidation Preference Equity Cofounder 60

Early Growth Financial Services

JULY 23, 2014

We shed some light, and hopefully—provided some encouragement, during our recent webinar with David Glazer, Partner at Fried Frank, JD Breidenstein, Minister Counselor for Commercial Affairs and Ben Parkinson, Visa Analyst, both with the U.S. Embassy in London, and Glenn McCrae, EGFS’ Chief Strategy Officer. You can view the slide deck here.

Liquidity Event 47

Liquidity Event Silicon Valley Startup Venture Capital 47

Startup Company Lawyer

MARCH 14, 2010

If you don’t, please educate yourself on this site, Venture Hacks and the term sheet series by Brad Feld/Jason Mendelson, among other places. If you really want to understand the nuances in venture capital financing documents, please review the NVCA model venture capital financing documents. . under $500K).

Finance 70

Finance Software Review Term Sheet Liquidation Preference 70

Board Effect

MAY 10, 2019

There’s the owner—maybe a partner or two—but unless employees are offered equity from the get-go, there’s typically not a whole lot of dilution. Cap tables can play an essential role in scenario modeling ; particularly in waterfall analyses, using a series of assumptions to model shareholder payouts in a variety of liquidity events.

Cap Table 40

Cap Table Liquidation Preference Dilution Liquidity Event 40

Seeing Both Sides

SEPTEMBER 15, 2015

According to Izhar Shay, a general partner at Canaan Partners, “The investment community has matured to recognize they need to plan for scale. According to Modi Rosen, general partner of Magma Ventures, “The challenge of scaling is primarily in hiring for the sales and marketing front. Think Bigger.

Cofounder 20

Cofounder Technical Review United States 20

Rob Go

JULY 17, 2014

For a seed stage venture capital firm, product/market fit comes down to two questions. We have had a number of companies that have achieved successful liquidity events, including Rentjuice ( acq. On #2, we have been fortunate to collaborate with a wide group of exceptional entrepreneurs, coinvestors, and limited partners.

Seed Stage 69

Seed Stage Early Stage Due Diligence Liquidity Event 69

abovethecrowd.com

APRIL 20, 2016

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. About this same point in time, the journalists that focus specifically on the venture capital industry noted something quite profound.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

Gust

NOVEMBER 4, 2011

VantagePoint Venture Partners came to the rescue in late 2003 with an infusion of $15 million in capital, adding Andrew Sheehan (now at Sutter Hill Ventures ) and David Carlick (now at Rho Ventures ) to the Board. of MySpace, Inc.

Valuation 98

Valuation Pre-Money Valuation Merger Vesting 98

Berkonomics

JANUARY 20, 2010

This post will be perhaps a bit longer than usual, but certainly of great interest for those with interest in or have need for more capital… This stage is critical to many businesses and a passing option to others, depending upon the capital efficiency of the enterprise. For you who fit that description, nice work.

Private Equity 69

Private Equity Valuation Cap Table Accredited Investor 69