The Equity Kicker

MARCH 19, 2012

The LP Update Meeting. I’m just back from our semi-annual update to the LPs in one of our funds, and I thought I would share the experience with you all. These meetings are the equivalent of board meetings for our portfolio companies. Portfolio update. Then we talk through the key portfolio companies in some detail.

LP 97

LP Europe Portfolio Private Equity 97

David Teten

DECEMBER 3, 2019

Private equity and venture capital investors are copying our sisters in the hedge fund world: we’re trying to automate more of our job. . The 11 Steps of Investing in Private Companies. In the private equity universe, most Partners have primary training as deal-makers, not as managers. 1) Manage the firm .

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

VC Cafe

JULY 4, 2022

billion in 2,251 deals during the second quarter through June 15, versus about $70 billion in 3,369 deals in the first quarter • Declining valuations: In the secondary market for private equity, 55% of the equity offered for sale in May was offered at a discount to the companies’ valuations per share, compared with 47% in March and 35% in January.

Venture Capital 167

Venture Capital Valuation Private Equity LP 167

Both Sides of the Table

OCTOBER 14, 2015

I spoke at Michael Kim’s excellent annual Cendana VC/LP conference today. The truth is that the brutal reality of public markets is that they self correct much more quickly than our shitty little private equity illiquid corner of the universe. Here’s my take away. I put up this slide as part of my discussion.

Burn Rate 150

Burn Rate San Francisco Private Equity LP 150

Eric Friedman

DECEMBER 30, 2020

7/ SaaS roll-ups and micro-private equity become huge. 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.

Stock 120

Stock Private Equity Option Pool LP 120

Hunter Walker

APRIL 4, 2014

Part of our presentation will be portfolio financials, which, because we’re relatively new, aren’t exceptionally volatile (LP speak: most of our investments are still carried at original value since no additional fundraising has occurred). other venture/private equity shops. high net worth individuals.

San Francisco 100

San Francisco Private Equity LP Syndicate 100

David Teten

JUNE 1, 2011

I enjoyed participating in last week’s Capital Roundtable Private Equity Masterclass on “ Best Practices for Sourcing Quality Deal Flow & Developing New Business ” (May 26 th , 2011). Zubin Avari, Charter Oak Equity LP Christopher A. Gebelein, Private Equity Growth Advisors LLC Sven A.

Private Equity 122

Private Equity Deal Flow Equity Developer 122

Both Sides of the Table

AUGUST 24, 2015

When many venture investors are seeing their personal public portfolios tank it creeps into their business lives and creates an emotion that is less risk tolerant whether they’re aware of it or not. This doesn’t happen with every LP and it probably doesn’t kick in unless things get worse. So, too, investments.

Stock 150

Stock Finance Marketing Valuation 150

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?” If I can reduce a portfolio company’s time burden, I create value for them. Private Equity Coinvestment: Best Practices Emerging (PWC).

Syndicate 60

Syndicate Syndication Institutional Investors LP 60

David Teten

JANUARY 21, 2021

V: Should you raise venture capital from a traditional equity VC or a Revenue-Based Investing VC? VI: Revenue-based financing: The next step for private equity and early-stage investment. If the company sells or raises enough capital, the investment converts into an agreed-upon percentage of equity. Details here.

Equity 78

Equity Revenue Cofounder Colorado 78

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. But what tools are they using themselves to automate their own processes?

Early Stage 60

Early Stage Technical Review Software Review Venture Capital 60

This is going to be BIG.

JULY 30, 2015

One of the first things I did when I joined the venture asset class as a lowly institutional LP analyst in 2001 was to build the VC fund cashflow model. And those exits would be roughly 10% of the portfolio--about 3 out of every 30ish deals. Just about every analyst who looks at fund investing has built one.

Venture Capital 60

Venture Capital Pre-Money Valuation IRR Valuation 60

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

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

Altgate

MARCH 8, 2009

Their portfolio firms will be able to cut back on headcount and other spending and additional capital from investors will allow the companies to survive for the 2-5 years it will take the market to begin to recover. Later stage funds will end up owning more of their portfolio companies via down rounds and ultimately should see ok returns.

Later Stage 34

Later Stage Early Stage Venture Capital Portfolio 34