David Teten

MARCH 14, 2018

First Round Capital’s forum for portfolio executives is a powerful example of a scaleable resource. – Create a franchise and license access to it , e.g., the Draper Venture Network. This allows a VC to put more capital to work in their past portfolio companies with relatively little extra effort.

Private Equity 60

Private Equity Venture Capital Equity Cofounder 60

Version One Ventures

JANUARY 31, 2024

Since then, I’ve received 200+ inbound leads (and counting). Have backed close to 20 emerging GP's over the past 5 yrs & looking to add 3-4 more to the portfolio this year. The first is the fund that you would ideally raise if LP capital was not a constraining factor. generalist focus, operator background).

LP 73

LP Differentiation Deal Flow India 73

David Teten

JANUARY 21, 2021

With a portfolio that includes food, tech, and services, the fund is industry-agnostic and focused on the overlooked and underrepresented with high-margin business models. Of Indie.VC’s portfolio, 60% of investments are not in NY, CA, or MA. The INTRO tool is available to non-portfolio companies as well. We plan to raise $2.5m

Equity 78

Equity Revenue Cofounder Colorado 78

Both Sides of the Table

JUNE 19, 2015

I’ve met many VCs who take fund raising meetings with lots of LPs but struggle to get traction and I believe often the problem is that first meetings are easy but the 28 steps to get each LP to closure take an insane amount of focus, effort, follow through and discipline. Opening is easier than closing.

LP 150

LP Warrant Portfolio Framework 150

Both Sides of the Table

MAY 23, 2012

The movie, “The Social Network” might have had more of an impact on creating future entrepreneurs than any other event of the past 5 years. Thomson Reuters data shows that around $10 billion of LP money went into VCs per year pre bubble. By 2000 the total LP commitments had mushroomed to more than $100 billion.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

Hunter Walker

MARCH 28, 2018

And why a LP should give them theirs. Your portfolio page. Your portfolio page is your thesis. One challenge for seed investors especially is that your portfolio page is a lagging indicator of your interests. So we network, we write blog posts , we research, we tweet. Because the portfolio page is real.

Portfolio 102

Portfolio LP Differentiation Founder 102

Eric Friedman

DECEMBER 27, 2021

Operating as a sort of fund-of-funds model there is an economy of scale program for figuring out the GP/LP structure, working out the services providers like legal, audit, and tax handling. There is also a network effect of portfolio companies with early GPs. I think this was brought to life by teams like [link]. 9/ Hubs vs.

Balance Sheet 97

Balance Sheet Stock Private Equity Option Pool 97

This is going to be BIG.

DECEMBER 3, 2020

Having a better overall portfolio of venture capital by adding funds into the mix. If you’re not showing up at all the events, putting out content, constantly networking, generating enough deal flow—more specifically enough high-quality deal flow—being able to co-invest next to experienced professionals can really boost your funnel.

Portfolio 134

Portfolio Syndicate Syndication Deal Flow 134

Both Sides of the Table

JULY 23, 2014

At the other end of the spectrum large funds have gotten even larger in the past few years which has massively increased the amount of consolidation in our industry as 66% of LP money into venture is now concentrated in late-stage or full-cycle VCs. Why is this? This is a structural shift in our industry few have talked about publicly.

Technical Review 398

Technical Review Venture Capital Valuation Pre-Money Valuation 398

David Teten

NOVEMBER 23, 2020

I highlight endogenous social impact because many of my portfolio companies might give money to charity or provide low-cost pricing to nonprofits, but that’s not what I think of as an impact company; they’re tacking on social impact on top of their core business, whatever that is. . Starship was launched by the co-founders of Skype.

Venture Capital 60

Venture Capital Partner Technical Review Cofounder 60

David Teten

MARCH 18, 2021

Investment theses are just hypotheses; the portfolio shows how accurate the hypothesis was. USV invests in companies that increase “ access to knowledge, capital, and well-being by leveraging networks, platforms, and protocols ”. Investment theses are just hypotheses; the portfolio shows how accurate the hypothesis was.

Technical Review 78

Technical Review Cofounder Venture Capital Deal Flow 78

View from Seed

OCTOBER 29, 2014

The nature of LP investors can vary widely, but the bulk of the capital in the VC ecosystem comes from large institutions like pension funds, endowments of universities and hospitals, charitable foundations, insurance companies, very wealthy families (aka family offices), and corporations. Endowments. new buildings, etc).

LP 335

LP Private Equity Institutional Investors Venture Capital 335

David Teten

SEPTEMBER 23, 2017

I’ve primarily seen quantitative analytic techniques used in origination , filtering , and in portfolio company recruiting , but technology can be used throughout the nine steps of the private company investing process: The 9 Steps of the Private Company Investing Process. 9% (1 / 12). Source: Knowledge.VC , based on scraping firm websites

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

David Teten

DECEMBER 12, 2017

As a globally focused LP in early stage VC funds, we at Blue Future Partners have observed a growing trend of firms investing substantially in software tools, whether developing proprietary solutions or adopting off the shelf tools. How can accelerating portfolio company value be aided by use of software?

Early Stage 60

Early Stage Technical Review Software Review Venture Capital 60

Version One Ventures

JULY 31, 2018

Since 2012, we have made over 40 investments and have been busy building our fund, expanding and deepening our network, and most gratifyingly, working with our portfolio companies in their pursuit to transform their industries and the world. Executing projects of your own direction that help Version One and/or our portfolio companies.

Hiring 166

Hiring San Francisco Advisory Board Due Diligence 166

Agile VC

OCTOBER 29, 2014

The nature of LP investors can vary widely, but the bulk of the capital in the VC ecosystem comes from large institutions like pension funds, endowments of universities and hospitals, charitable foundations, insurance companies, very wealthy families (aka family offices), and corporations. Endowments. new buildings, etc).

Venture Capital 279

Venture Capital LP Private Equity Institutional Investors 279

Both Sides of the Table

SEPTEMBER 14, 2016

And we felt terrible not being able to let every LP in but we were forced to make some hard compromises yet we opened up our fund to Sapphire even though they were a first time LP. We have many LPs who come from industry and this is truly a value-add in a LP/VC relationship 3. Beezer did.

LP 150

LP Entrepreneur United States Venture Capital 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. We invest in companies and platforms that leverage network effects. and Canada, offering portfolio companies strong networks and resources on both sides of the border.

Silicon Valley 127

Silicon Valley North America San Francisco LP 127

View from Seed

MAY 29, 2019

They are also increasingly focused on “leading” rounds, because funds that are institutionalizing get LP pressure around whether or not they lead. Before seed funds institutionalized, most also made many more investments than they do today, so their time was spread across a larger portfolio.

Syndicate 267

Syndicate Syndication Cofounder Cap Table 267

Haystack

JUNE 1, 2018

Perhaps because of this success and the unique elbow grease they supply to their portfolio, it was shocking to many to see that one of the storied seed franchises would contract, become its own sole LP, and scale back its operations. Yet for many, it didn’t come as a surprise.

LP 116

LP Global Social Media Portfolio 116

This is going to be BIG.

MARCH 14, 2019

If you’re not actually modeling this out with a spreadsheet, I don’t know how you can look an LP in the face and say this. A Time and Attention Model How much time will you be spending on each portfolio company? I think the results will surprise you how hard it is to be successful. Taking board seats? Will that increase the work?

LP 97

LP Due Diligence Portfolio Distribution 97

The Equity Kicker

NOVEMBER 26, 2013

LPs, the investors in VC funds, have a difficult job to do, largely because they have to work with poor quality data and only a small fraction of VCs deliver the returns that make them worth investing in. Discipline also helps to keeps a venture fund’s loss ratio low which is important as they are ultimately stewards of LP investment funding.”

LP 154

LP Venture Capital Portfolio Reputation 154

Both Sides of the Table

JANUARY 16, 2012

He’s focused on that sector (not exclusively but predominantly) and therefore has an amazing network at large financial services firms to help you with business development. Fred Wilson likes, “large networks of socially connected people” while Foundry lists its 5 key themes on its website. Do your homework.

Developer 366

Developer Silicon Valley PR Las Vegas 366

Both Sides of the Table

FEBRUARY 6, 2019

If you get into the best deals it has never been a better time to be a VC or LP, and the best have developed strategies to capture more value Given that the best deals are pushing out their exit dates it means that many firms aren’t seeing as quick of liquidity as they might have 20 years ago. And this is about to grow even faster.”

Venture Capital 292

Venture Capital IPO Mezzanine Early Stage 292

Feld Thoughts

AUGUST 6, 2018

While I don’t have portfolio level stats for them, their new endeavor Foundry Next (to invest in smaller funds and then follow-on into key investments) has built up an LP basket of 23 positions in a variety of new VC funds. While we don’t have a geographic allocation approach, we were willing to travel and invest everywhere in the US.

North Dakota 70

North Dakota Southern California San Diego Indianapolis 70

David Teten

JANUARY 19, 2021

Seed-stage compatible: Like traditional equity VC investors, Flexible VCs accomodate early-stage investment risk within their portfolios better than a traditional RBI funder. Eligible for favorable treatment under Qualified Small Business Stock exemption, if structured as equity. Particular application in impact capital. Short track record.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

David Teten

JUNE 1, 2011

Estimated 100 – 200 total entities Friends & family – basic networking. Staying on the buyers’ lists is based on how well you conduct yourself in the diligence processes, “beauty contest” Banks are aware of your funding situation and your portfolio / investment thesis. Wells, PE-Nexus LLC.

Private Equity 122

Private Equity Deal Flow Equity Developer 122

The Equity Kicker

JULY 8, 2019

Then from the mid 2000s, value add began moving beyond the partner to the firm as VCs began employing people who’s full time job was helping their portfolio. The most common strategies are to provide networking services and content to portfolio leaders so they can be more effective in their jobs. . Building platforms.

Portfolio 84

Portfolio LP Venture Capital Partner 84

YoungUpstarts

NOVEMBER 18, 2018

The most effective way to find the right patent attorney is through your personal or professional network. Other ways that patents can be added to your financial portfolio is through acquisitions – in plain English, buying up other people’s patents. and Alarmforce LP, SkyBell Technologies, In August Home Inc.,

Intellectual Property 157

Intellectual Property Forecast LLC Acquisition 157

Eric Friedman

DECEMBER 30, 2020

Operating as a sort of fund-of-funds model there is an economy of scale program for figuring out the GP/LP structure, working out the services providers like legal, audit, and tax handling. There is also a network effect of portfolio companies with early GPs. This has been done in the past but I think its set to boom in 2021.

Stock 120

Stock Private Equity Option Pool LP 120

Haystack

MAY 5, 2018

You are your own LP and GP. New investors can build their portfolio this way. New investors can build their portfolio this way. Funds are happy to have CEOs and operators in their networks make small allocations on behalf of the VC fund. New investors can build their portfolio this way.

Salary 76

Salary LP Portfolio Venture Capital 76

Hunter Walker

MAY 18, 2015

Anne Dinneen: Nothing has contributed more to the growth of the Irvine endowment over the years than our venture portfolio. And what leads to adding or removing a fund from Irvine’s portfolio? An addition to the portfolio typically offers some differentiation or new value proposition. What would your advice be?

LP 48

LP Portfolio Early Stage Institutional Investors 48

David Teten

JULY 12, 2017

When I meet with other VCs, family offices, and other institutional investors, the most common question I get is: “What are the highest-potential companies in your portfolio which are raising now?” Many VCs and family offices market themselves based on their network, internal resources, and other levers to accelerate value creation. .

Syndicate 60

Syndicate Syndication Institutional Investors LP 60

Austin Startup

DECEMBER 12, 2017

Cindy Revol, Joe Beard and Anurag Jain from Perot Jain, LP We received a warm welcome from Trey Bowles when we first came to Dallas and there have been many others who have opened their arms to us since. Perot Jain, LP is an early stage venture capital firm founded by Ross Perot Jr. Ross Perot, Jr., About Perot Jain, L.P.

Dallas 48

Dallas San Antonio Houston Texas 48

Agile VC

JULY 19, 2012

Back in the 2000-2001 timeframe, a flood of LP capital was coming into the VC asset class given the strong returns of the mid-late 90s tech boom/bubble. Though they only started in 2006, Foundry’s obviously off to a great start with investments in Zynga and AdMeld and a promising portfolio of others. Think Apple, Cisco, Yahoo!,

Cofounder 193

Cofounder Limited Partner Early Stage LP 193

Both Sides of the Table

JUNE 8, 2014

To interconnect these computers we needed IP-based telecommunications equipment build by the likes of Cisco Systems and Juniper Networks. And when you think about the three C’s you begin to realize that the first two of these activities are ones where the economic powerhouse networks are driven in cities outside of Silicon Valley.

Silicon Valley 390

Silicon Valley Kansas City Startup Venture Capital 390

This is going to be BIG.

NOVEMBER 30, 2011

I've had the privilege of working not only for investors like Josh Kopelman and Fred Wilson, but for an institutional LP that had been invested in venture capital since 1980. Through other people, I've learned a ton about investing, being a better board member, building a portfolio and building a firm. 2) Trial by fire.

LP 115

LP Venture Capital Startup Affiliate 115