David Teten

SEPTEMBER 23, 2017

PEVCTech is partnering with Blue Future Partners to run the first large-scale survey of VCs’ technology stack. Johann Kratzer of Blue Future Partners , a fund of funds, observed, “The majority of the hundreds of funds we’ve diligenced rely predominantly on their relationships to source deals.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

Haystack

JUNE 1, 2018

” Depending on your point of view, it is the perfect trigger for a conversation about the state of the Bay Area’s investment market. A well-networked LP recently remarked to me they’ve estimated over 150+ of the 500+ known seed funds are currently “in market” right now.

LP 116

LP Global Social Media Portfolio 116

David Teten

SEPTEMBER 2, 2017

It’s hard enough to get a job at a venture capital or private equity firm; it’s even more complex to join as a Partner. I thought it would be helpful to put together some notes on market norms and issues to consider in negotiating a partnership at an institutional investment firm. So assessing fit is critical. What should the firm do?

Private Equity 60

Private Equity Venture Capital Equity Partner 60

Both Sides of the Table

APRIL 10, 2016

My partner Greg Bettinelli (worth following on Twitter) was recently named by The LA Business Journal as the “ Top deal maker in Los Angeles in Venture Capital.” I joined Upfront Ventures in 2007 and took over as co-Managing Partner in 2011 along with the founder, Yves Sisteron. ” Numero uno.

Los Angeles 150

Los Angeles Early Stage LP Partner 150

Version One Ventures

OCTOBER 17, 2018

It’s an exciting time to be launching a new fund as our focus on network effects and broad geography are driving opportunities in both existing and emerging markets. With Angela’s promotion to General Partner , we now have investment partners located in both the U.S. It is a true honor to be a partner of yours!

Silicon Valley 126

Silicon Valley North America San Francisco LP 126

Both Sides of the Table

MAY 25, 2013

But as an LP you can’t count on that any more than VCs can. The goal of an LP is to get into the top decile. When it went to raise its fund 10 years ago the rumor was that many LPs were disappointed with recent returns and did not re-up. It’s a market, after all. Here the data is not always kind to VCs.

LP 374

LP Later Stage IRR Term Sheet 374

Feld Thoughts

MARCH 20, 2019

That first real job was as the first employee of Petcom, a company started by a husband and wife team that grew to about 20 people before the oil and gas market for software evaporated in 1985. In these conversations, the question of how I shifted from “operator” to “investor” inevitably comes up.

LP 108

LP Angel Investor Cofounder Leadership 108

Hunter Walker

FEBRUARY 5, 2019

Also, a partner who is transitioning into a non-FT role going forward. The first real institutional funds in this segment of the market are starting to reach the back half of their original partnerships – where some combination of age, wealth effect, changes in personal goals, etc have started the transition. In others, TBD.

LP 92

LP Early Stage Syndicate Syndication 92

David Teten

DECEMBER 3, 2019

But in business, you want a lot of partners. In liquid markets, most of the calories expended on technology and analytics are focused on trade selection, or “ origination ”. I walk through below how progressive investors are using technology and analytics throughout all of their operations. 2) Market .

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

The Equity Kicker

JULY 8, 2019

From around 2000, and perhaps coinciding with the need to work harder to win deals as opportunities dried up after the internet bubble burst, individual partners at VC firms began adding ‘helping CEOs win’ to their job descriptions. . This trend accelerated through the emergence of VC and operator blogging in the early 2000s. .

Portfolio 84

Portfolio LP Venture Capital Partner 84

David Teten

JULY 12, 2017

First, a formal definition: According to Capital Dynamics , “Co-investments are direct investments in a company made alongside and on the same terms as a lead [General Partner]. We see our potential coinvestors in four primary buckets: 1) HOF Capital ’s own limited partners. 2) Investors with very specific value-add.

Syndicate 60

Syndicate Syndication Institutional Investors LP 60

BeyondVC

JUNE 29, 2005

I am not sure how many entrepreneurs understand the structure of venture capital funds but the bottom line is that while VCs manage funds, we ultimately report to our investors or Limited Partners (LPs). It is not our money, and we have a fiduciary responsibility to manage it properly and generate the returns our LPs expect of us.

LP 60

LP Private Equity Due Diligence Venture Capital 60

Hunter Walker

MAY 18, 2015

Over the first two funds we’ve ended up with just that – a group of LPs representing college endowments, foundations and fund of funds who are committed to us and the early stage venture segment. . The James Irvine Foundation joined us in Fund I and has been a great partner since. in nonprofit grants to that extent.

LP 48

LP Portfolio Early Stage Institutional Investors 48

Genuine VC

OCTOBER 18, 2011

Second, unless the company is a truly break-out win that supports an entirely new venture firm coming in to buy an additional 20% in the Series B, (in this current market especially) Series B rounds are quite frequently done by insiders even when the startup is progressing.

Valuation 154

Valuation LP Boston Partner 154

VC Cafe

FEBRUARY 1, 2011

and Vincenzo Morelli (Partner – TPG Capital and Chairman of European Private Equity Roundtable). We will also be hosting panel sessions – featuring eminent industry practitioners – on Emerging Markets, Value Creation, Fundraising and Venture Capital. Panels : Value Creation – Driving LP returns through operational excellence.

Private Equity 80

Private Equity Equity LP Limited Partner 80

Both Sides of the Table

SEPTEMBER 28, 2011

Operations. I spent time today negotiating it with him and getting my partners bought into some changes. We call these investors “LPs” for limited partners. I had lunch with an LP. Marketing. Any of my partners or portfolio companies can attest otherwise. My core duty. implementations.

Email 314

Email Product Term Sheet Portfolio 314

David Teten

JANUARY 21, 2021

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. The founders, LPs, and venture partners have a long history in local startup ecosystems in the Southeast including LaunchTN , The Company Lab , CoStarters , and several other regional funds and resources. —– Indie.vc

Equity 78

Equity Revenue Cofounder Colorado 78

David Teten

AUGUST 21, 2019

A company with that mindset is dramatically less risky, because it’s not dependent on the financing markets for continued viability. Borchers notes, “There are tons of good, short-term working capital products in the market already (factoring solutions, MRR loans, AR financing, etc.), Works for non-tech companies.

Revenue 60

Revenue Liquidation Preference Equity Cofounder 60

David Teten

DECEMBER 12, 2017

(written by Philipp von dem Knesebeck , Managing Partner, Blue Future Partners (bluefp.com, @bluefutureteam ), and David Teten ). Based on this paper, Blue Future Partners and PEVCTech recently completed a large-scale survey to find out which tools are most commonly used by venture capital firms.

Early Stage 60

Early Stage Technical Review Software Review Venture Capital 60

Professor VC

NOVEMBER 19, 2009

I attended the annual LP meeting for a venture capital firm this week and got into a discussion about the above question. If you have a reputation for cutting corners, not treating employees or partners right, it will become very difficult to do business. ProfessorVC. The last blogger in Silicon Valley. Thursday, November 19, 2009.

San Jose 43

San Jose Silicon Valley Las Vegas Venture Capital 43

View from Seed

MAY 29, 2019

Today, we are seeing less syndication of seed rounds and sharper elbows among many of the funds in the market. This segment of the market is basically mirroring other segments of the venture ecosystem which has operated this way for some time. Similarly, the seed market is beginning to look like this too.

Syndicate 267

Syndicate Syndication Cofounder Cap Table 267

Both Sides of the Table

JUNE 29, 2011

Open cloud led by Amazon with their AWS services drove total operating costs down by 90%. This will continue while we’re in a tech bull market and I predict will wane when we’re not. I would put my firm, GRP Partners in with the group working with teams in different ways. The LP Community Hasn’t Yet Caught Up.

Venture Capital 296

Venture Capital Software LP Early Stage 296

David Teten

JUNE 1, 2011

High Road Capital Partners Deal Sourcing Keynote. Fitzsimmons, High Road Capital Partners. Deal aggregation websites Increasing in popularity, trying to increase market efficiency. Flow is a function of reputation and share of mind in target market. Benchmark yourself to overall market activity. Intermediaries.

Private Equity 122

Private Equity Deal Flow Equity Developer 122

Haystack

JULY 20, 2018

Yes, the concentration of entrepreneurial founding and management talent is here in the Bay Area, but so too is lots of private money, more and more large platforms which continue to grow in market share. I sort of feel mentored by Fred via his blog, which is pretty remarkable for just writing words on the web and sharing them.

San Francisco 116

San Francisco Silicon Valley Seattle Venture Capital 116

VC Cafe

APRIL 29, 2020

Proptech is one of the few exceptions to this, with most companies falling within the moderate impact category, due to the current freeze on the property market. I might go deeper on other European markets in a future post. As Bloomberg’s report states, just because you CAN apply, doesn’t mean you SHOULD.

SBA 124

SBA Technical Review Startup 124

Austin Startup

JUNE 26, 2019

While the journey of JuiceBox Hero is coming to a close, we know that our small but mighty team’s commitment to innovation for women, families, and under-represented markets is far from over. The Skinny: Two years ago I embarked on a mission to bring to market a modern way for parents to find daycares and preschools. We did that?—?and

Silicon Valley 54

Silicon Valley Startup B2C Sweat Equity 54

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. Once more, the fantasy began to come apart.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

K9 Ventures

NOVEMBER 30, 2008

The General Partners (GPs) are the operating guys. The money that the GPs and other employees of the firm invest comes from Limited Partners (LPs) — typically the big university endowments, retirement funds, charitable organizations, family offices and high net-worth individuals. of the size of the fund.

IRR 48

IRR Venture Capital LP Early Stage 48

David Teten

MARCH 18, 2021

The modal VC thesis is: “We invest in great teams addressing large markets with disruptive solutions” Who invests in lousy teams addressing tiny markets with outdated solutions? Alpha Partners and Proof provide capital when their partner VCs don’t have pro rata, and share the economics on the investments.

Technical Review 78

Technical Review Cofounder Venture Capital Deal Flow 78

Startup Lessons Learned

MAY 4, 2021

A few weeks ago, Coinbase , which facilitates buying, storing and purchasing cryptocurrency and also operates a cryptocurrency exchange, went public. Coinbase was founded in 2012 and operates a cryptocurrency exchange. The company's market cap at the time of their entry into the public markets topped $100 billion dollars.

IPO 113

IPO Cofounder Technical Review Government 113

Hunter Walker

SEPTEMBER 2, 2022

It requires valuing the labor of the team we hire to build it, to support our partners (unions) that use it, and to invest in continually making it better. So I’ll take some shots along the way, but keep head down and stay focused on mission we know to be deeply meaningful, and on delivering value for our partners (unions).

Chicago 78

Chicago Venture Capital Miami Employee 78

David Teten

NOVEMBER 23, 2020

Blue Future Partners, a venture capital fund of funds, recently interviewed me on ESG in venture capital. In its first full year of operation, VCAP attracted 159 applicants. It provides users in emerging markets mobile access to their financial lives, who were previously typically not served by financial institutions.

Venture Capital 60

Venture Capital Partner Technical Review Cofounder 60