View from Seed

FEBRUARY 9, 2022

You will spend the rest of your time working alongside the partners throughout the investment process – analyzing investment opportunities, assisting in market research and diligence, and post-investment portfolio support. You will be based in the NYC office but will be able to pursue investments across North America. About NextView.

Technical Review 156

Technical Review North America Seed Stage Bandwidth 156

Both Sides of the Table

FEBRUARY 12, 2019

As a result of the IPO window shifting we saw a massive inflow of public-market capital into the latest stages of venture. In this post I set out to explain why the seed market emerged as its own category in the first place and why it’s declined as of late. ( What Does This All Mean for Seed Investing?

Venture Capital 328

Venture Capital Technical Review Seed Stage IPO 328

VC Cafe

SEPTEMBER 2, 2022

These 10 slides should be part of every pre-seed deck: Company purpose – why do you exist? Market size Team Traction Competition – be honest and knowledgeable about your competitive landscape Business model/ financials The Ask – how much are you raising? Why us”/ “Team Slide” unclear or non-existent.

Technical Review 166

Technical Review Early Stage Cofounder Portfolio 166

ReadWriteStart

JUNE 1, 2020

The next reason is to establish a competitive advantage over your competition and quickly acquire a substantial market share. Let’s take an example – In the case of an internet or app business, the user traction and market penetration is a must. So, I would suggest that you bootstrap during the inception stage. ? Seed stage.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Mucker Lab

FEBRUARY 24, 2021

Since our inception, Mucker has focused on writing seed stage checks to invest in compelling companies and founders. In 2020 we kicked off a separate fund called Mucker Early to focus on investing just past the seed stage, writing $3-5m checks when companies have found product-market fit and are ready to scale.

Seed Stage 135

Seed Stage Term Sheet eCommerce Technical Review 135

View from Seed

FEBRUARY 8, 2017

Although Ginny is new to the team, she has many connections to the NextView family, as she started her career at our portfolio company Shareaholic , and worked closely with both Jay Acunzo (our first head of platform) and Joe Chernov (the VP of Marketing at our portfolio company Insight Squared ). Not running out of money.

Seed Stage 120

Seed Stage Boston Early Stage Portfolio 120

View from Seed

FEBRUARY 8, 2017

Although Ginny is new to the team, she has many connections to the NextView family, as she started her career at our portfolio company Shareaholic , and worked closely with both Jay Acunzo (our first head of platform) and Joe Chernov (the VP of Marketing at our portfolio company Insight Squared ). Not running out of money.

Seed Stage 120

Seed Stage Boston Early Stage Portfolio 120

Haystack

AUGUST 18, 2019

If you’ve been following my tweets lately, you’ve read some of my quick musings on the state of the seed market this summer. years of investing in the seed stage, I have never seen activity levels like I’m seeing today. And if you don’t hit one or two right, you end up with a mediocre portfolio.

Seed Stage 108

Seed Stage Cap Table Early Stage Malaysia 108

Startup Professionals Musings

OCTOBER 5, 2015

I challenge any entrepreneur, for example, to define the difference between "seed-stage" and "early-stage" financing. Asking for early-stage money before you have customers and revenue will likely kill your credibility with real investors. A seed-stage “super angel.”

Seed Stage 120

Seed Stage Finance Early Stage Startup 120

Both Sides of the Table

MARCH 1, 2016

At the Upfront Summit in early February, we had a chance to have many off-the-record conversations with Limited Partners (LPs) who fund Venture Capital (VC) funds about their views of the market. I suspect those days will end soon, and 61% of LPs polled said they felt VCs were coming back to market too quickly.

Venture Capital 150

Venture Capital LP Silicon Valley Marketing 150

View from Seed

FEBRUARY 18, 2016

From the public markets to the private markets, everyone is feeling valuations and optimism contract. publicly and privately lament “my portfolio is hurting…” Mark Suster over at Upfront has a great deck on this. Not surprisingly, when the markets decline, landlords don’t come back to companies and offer to lower rents.

Seed Stage 120

Seed Stage San Francisco Startup Valuation 120

View from Seed

OCTOBER 14, 2021

We are high-conviction, hands-on seed stage investors. It showcases our personality, while simultaneously showcasing the accomplishments of our portfolio. It’s easy to focus on the accolades and accomplishments of today, but what did the NextView portfolio companies look like when they first started their journeys with us?

Seed Stage 296

Seed Stage Portfolio Curation Vertical 296

Agile VC

SEPTEMBER 15, 2011

How to Evaluate Firms for a Seed VC. Startup IPO Market: A Fickle Mistress. The IPO market, she is a fickle mistress. In the first half of 2011, the IPO markets were looking strong for VC-backed companies. Bad economic news in some countries and gloominess across the globe continues to weigh upon all financial markets.

IPO 100

IPO Marketing Silicon Valley Technical Review 100

Both Sides of the Table

JULY 16, 2010

But VC is an “illiquid asset&# so funds didn’t disappear quickly - In 2000/01 the stock market quickly adjusted punishing investors in the NASDAQ and in individual public technology stocks. What accelerated this was the collapse of the public stock markets. So the people who invest in VC funds have two problems.

LP 311

LP Technical Review Early Stage Silicon Valley 311

View from Seed

MARCH 11, 2020

Seed stage companies will mostly face questions around the team and market. This includes things like: Making intros to portfolio companies that are potential customers. When a founder is raising money, he/she should expect that any serious investor will conduct some level of due diligence before getting to yes.

Technical Review 279

Technical Review Due Diligence Term Sheet Seed Stage 279

Agile VC

DECEMBER 13, 2011

My partners and I would be thrilled to support this founder in general, but we don’t have enough conviction about the market opportunity he and his co-founders are pursuing to proceed with an investment. In NextView’s case that’s seed stage internet and software companies. Author howerl. Read More ».

Seed Stage 185

Seed Stage Silicon Valley Cofounder Technical Review 185

VC Adventure

FEBRUARY 7, 2019

If you’re trying to break into venture the news, in general, is good (the two charts below were pulled from a great post by Eric Feng on the state of the VC market from late last year). Today the market is quite different and people from a much wider variety of backgrounds are finding their way into venture.

Venture Capital 103

Venture Capital Seed Stage Angel Groups Portfolio 103

Feld Thoughts

MARCH 24, 2017

We also know many of the entrepreneurs in their portfolio. From those founders, we are aware that FC takes their mission “to be the most aligned fund to founders at the seed stage” very seriously. Founder friendly” is an overused term, but there is a big difference between marketing this as a concept and living it every day.

Founder 75

Founder LP Technical Review Seed Stage 75

View from Seed

OCTOBER 14, 2021

We are high-conviction, hands-on seed stage investors. It showcases our personality, while simultaneously showcasing the accomplishments of our portfolio. It’s easy to focus on the accolades and accomplishments of today, but what did the NextView portfolio companies look like when they first started their journeys with us?

Seed Stage 194

Seed Stage Portfolio Curation Vertical 194

Both Sides of the Table

APRIL 20, 2011

One example is that they introduced a program where their founders can pool together shares from their company and exchange them for a small portfolio of other First Round Capital companies. First Round Capital invests heavily in its own infrastructure to help add value to the portfolio companies. I'm a huge fan of this innovation.

Pre-Money Valuation 284

Pre-Money Valuation Technical Review Cofounder Cram Down 284

Gust

NOVEMBER 15, 2012

Parts of the answer are that (a) there are enormous regulatory requirements relating to secondary markets, and (b) there are no analysts tracking private company stocks.

Seed Stage 131

Seed Stage Hockey Stick Cap Table Liquidation Preference 131

Austin Startup

MAY 11, 2017

645 Ventures 645 Ventures makes deeply-researched investments in institutional Seed to Series A rounds for exceptional companies who demonstrate stellar early results in the areas of market validation, product differentiation, team strength, and brand narrative.

Private Equity 48

Private Equity Venture Capital Technical Review Seed Stage 48

Both Sides of the Table

JULY 23, 2014

The rise of “micro VCs” or seed-stage funds. 15 years ago we were at the peak of Internet hype with the launch of many over-capitalized businesses with a market size & opportunity was limited. The VC market has right-sized (returned back to mid 90′s levels & less competition). Where are we today?

Technical Review 398

Technical Review Venture Capital Valuation Pre-Money Valuation 398

View from Seed

SEPTEMBER 13, 2018

Over the past five years, we’ve witnessed an Atomization of the Seed Stage. Early fundraising is no longer a one-and-done fundraise of a single round of Seed capital subsequently followed by a Series A 12–18 months later. Seed stage startups are now graded on a curve. The bar for Series A has moved. raise $1.8M

Seed Stage 136

Seed Stage Post-Money Valuation Valuation Startup 136

View from Seed

SEPTEMBER 16, 2020

Team: We tend to think of a team similar to the concept of founder/market fit. The second dimension of team/market fit has to do with actual capabilities. A team of great domain experts or very senior team members may struggle mightily when tasked with the early stage challenges of building and selling a disruptive product.

Seed Stage 254

Seed Stage Early Stage Founder Portfolio 254

Agile VC

FEBRUARY 5, 2014

We invest in internet enabled companies at NextView and our portfolio is roughly equally split between consumer and B2B businesses. Arguably revenue is the best signal of product-market fit for B2B startups. You will be benchmarked on revenue and paying customers when you seek Series A funding… conceivably even at seed stage.

Revenue 234

Revenue Product B2B Marketing 234

Both Sides of the Table

OCTOBER 12, 2014

Prorata rights are one of the most important rights of a private market technology investors and yet are seldom fully understood. They often create the biggest tensions between investors who are investing at different stages in the business. For institutional money prorata rights are compulsory and usually non-negotiable.

Technical Review 336

Technical Review Later Stage Early Stage LP 336

BeyondVC

JANUARY 3, 2019

We are purpose-built to not only invest pre-product but also to help accelerate your path to product-market fit with our decades of entrepreneurial and investing experience along with our active CXO advisory board. First check to seed?—?congrats will be a great fit with the Salesforce marketing cloud. Rebel exit to Salesforce.

Stealth 79

Stealth Advisory Board Cloud Virginia 79

Version One Ventures

NOVEMBER 28, 2018

At V1, we have had the privilege to sit on many of our portfolio companies’ boards from (pre-)seed to Series B (and beyond). We have seen these companies grow and go through the different stages in the start-up journey. We actively help each portfolio company manage their changing priorities as they grow.

Seed Stage 163

Seed Stage Portfolio Metrics Hiring 163

View from Seed

OCTOBER 15, 2014

Over the summer, based on feedback from our portfolio and the broader startup community, NextView created pre-formatted board deck templates for seed-stage startups — part of our Growth Guides series. As Rob Go wrote , board decks and board meetings can waste loads of time at the seed stage.

Seed Stage 331

Seed Stage Cap Table Metrics Burn Rate 331

View from Seed

SEPTEMBER 11, 2019

*This post is part of our “pitch deck” series where we dissect the seed stage pitch deck and discuss the ideal flow for a pitch. Now it’s time to set the stage with the early traction you have. Seed stage VCs are realistic about how much traction a very raw company might have. B) Post-Product Companies.

Seed Stage 149

Seed Stage B2B Seed Capital Revenue 149

The Equity Kicker

DECEMBER 5, 2013

About half our investments are in companies at true startup stage – i.e. founder + idea, nothing built – and half are in slightly more mature companies, up to late seed stage when there are maybe 5-10 people in the company. Driftrock - a platform for marketing apps for SMEs (including ecommerce companies).

Partner 117

Partner Software Review eCommerce Due Diligence 117

View from Seed

JULY 17, 2019

There may be many fewer series A investors in your home market than elsewhere. The quality, network, or experience of your local investors is likely fairly different from those in other markets. The risk tolerance or expected pricing of investors in your home market may be markedly different from investors in other markets.

San Francisco 243

San Francisco Cofounder B2B Seed Stage 243

Rob Go

FEBRUARY 8, 2017

Although Ginny is new to the team, she has many connections to the NextView family, as she started her career at our portfolio company Shareaholic , and worked closely with both Jay Acunzo (our first head of platform) and Joe Chernov (the VP of Marketing at our portfolio company Insight Squared ). Not running out of money.

Seed Stage 28

Seed Stage Boston Early Stage Portfolio 28

Hippoland

DECEMBER 15, 2015

In late 2008, I was about to turn in my 2 week resignation at Google to start a company when Sequoia sent out a presentation to their portfolio companies. Note: these are my opinions and not my employer’s): 1) Raising seed capital from VCs who invest in all stages will become challenging. What do you suggest?

Seed Stage 48

Seed Stage Angel Investor Bootstrapping Startup 48

View from Seed

NOVEMBER 18, 2014

Once a startup has raised seed capital, plenty of theories and advice exist on how to successfully raise a Series A. Recently, we looked at our own portfolio at NextView Ventures to dig a little deeper on how startups actually raise that next round of financing. in our portfolio. The mean Series A size was $5.2M. They are: 1.

Syndicate 333

Syndicate Syndication Seed Stage Startup 333

View from Seed

OCTOBER 28, 2019

In reality, a pre-seed is “an early round of financing that is designed to help a company achieve certain intermediate milestones PRIOR to the magic combination of strong PMF + meaningful traction.”. Of course, as a labeled category of financing arose, so did a number of dedicated pre-seed funds emerge to specialize in it.

Seed Stage 247

Seed Stage Finance Dilution Early Stage 247