Both Sides of the Table

MAY 23, 2012

They need a combination of capital and experience to separate from the rest of the pack – the low cost of starting a business means it is even more vital to become the market leader more quickly. Thomson Reuters data shows that around $10 billion of LP money went into VCs per year pre bubble. The Funding Problem.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

David Teten

SEPTEMBER 2, 2017

So I would start by sharing with the fund an institutional LP due diligence checklist , and ask them to share their data room with you. Contact : to existing portfolio, to internal team resources, to LPs. These are many of the steps I went through when I joined HOF Capital.

Private Equity 60

Private Equity Venture Capital Equity Partner 60

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.

Cofounder 193

Cofounder Limited Partner Early Stage LP 193

Haystack

JULY 20, 2018

This is a post I’ve wanted to write for a long time, but I needed the time to digest all the other great posts on the topics by other investors, and to analyze specific portfolio data from Haystack over the last five years. Of course, over the last decade, the rest of the world doesn’t need to read these blogs to see what’s going on.

San Francisco 116

San Francisco Silicon Valley Seattle Venture Capital 116

Rob Go

JULY 25, 2011

Some of our portfolio companies have informal boards. Of our 13 portfolio companies, 10 had/have formal boards during the seed stage, and the rest had a more informal structure. . ” Remember, we all tell our LP’s that we are immensely helpful to our portfolio companies, so make us follow through on that!

Due Diligence 38

Due Diligence LP Seed Stage Portfolio 38

Hunter Walker

SEPTEMBER 29, 2022

Most of this discussion is about ‘playing offense’ — working towards being a good steward of LP capital and the risk/reward associated with VC. Then we combined this with observed data from the behavior by coinvestors in our own portfolio. We’re aligned with the founders and the rest of the cap table until we aren’t.

Venture Capital 122

Venture Capital Cap Table LP Equity 122

Both Sides of the Table

JANUARY 16, 2012

But the short answer is that the best intro is from a portfolio company of that VC or by other entrepreneurs whom that VC respects. You need to build genuine relationships with these portfolio startup founders as well as trust with them and the rest will follow. Earn the right to the intro.

Developer 366

Developer Silicon Valley PR Las Vegas 366

Hunter Walker

MAY 2, 2016

I’ve written before about our LP meetings – if you want to check those out before hearing about 2016’s version, here you go: Homebrew Annual Meeting 2014. Advisory Board lunch w our largest investors followed by a State of Homebrew, State of the Market, State of our Portfolio presentation. Ok, now back to present day.

Advisory Board 48

Advisory Board LP Institutional Investors Portfolio 48

Hunter Walker

MAY 2, 2016

I’ve written before about our LP meetings – if you want to check those out before hearing about 2016’s version, here you go: Homebrew Annual Meeting 2014. Advisory Board lunch w our largest investors followed by a State of Homebrew, State of the Market, State of our Portfolio presentation. Ok, now back to present day.

Advisory Board 48

Advisory Board LP Institutional Investors Portfolio 48

K9 Ventures

DECEMBER 10, 2011

” Now that last statement is a little off, since I have a portfolio company in Berkeley and one as far south as San Jose. And, even though I do enjoy meeting up with the founders in my portfolio for lunch every couple of months, the majority of the interactions with my portfolio founders still happens over email or phone.

Silicon Valley 124

Silicon Valley San Jose Portfolio Cofounder 124

K9 Ventures

DECEMBER 10, 2011

” Now that last statement is a little off, since I have a portfolio company in Berkeley and one as far south as San Jose. And, even though I do enjoy meeting up with the founders in my portfolio for lunch every couple of months, the majority of the interactions with my portfolio founders still happens over email or phone.

Silicon Valley 112

Silicon Valley San Jose Portfolio Cofounder 112

This is going to be BIG.

SEPTEMBER 7, 2012

I know, because those people all used to pitch me as an institutional LP back in the day. Some of this thinking is also driven by folks who aren't well connected to the rest of the later stage venture community. I might not know which companies are going to generate my return, but on the whole I'll do fine.

Later Stage 99

Later Stage Down Round Pre-Money Valuation Early Stage 99

Both Sides of the Table

MARCH 6, 2017

This is key because in a permanently low-interest-rate environment parking large pools of capital in assets that benefit from interest is not possible so LPs seek “higher yield.” Here is the entire survey, which can also be downloaded and shared. If you need the original keynote slides for any reason — just ask.

LP 286

LP Silicon Valley Venture Capital Startup 286