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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

At our mid-year offsite our partnership at Upfront Ventures was discussing what the future of venture capital and the startup ecosystem looked like. Pitchbook estimates that there is about $290 billion of VC “overhang” (money waiting to be deployed into tech startups) in the US alone and that’s up more than 4x in just the past decade.

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Kara Nortman Was Just Promoted to Co-Managing Partner at Upfront Ventures. Here’s What it All Means

Both Sides of the Table

Today we’re announcing that my partner Kara Nortman is becoming Co-Managing Partner at Upfront Ventures and I can’t tell you how thrilled I am to welcome her to her new role. At the end of that journey she joined Upfront as a partner where she’s been for > 6 years so she now has walked in the footsteps of the people she will back.

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Praying to the God of Valuation

Both Sides of the Table

Something happened in the past 7 years in the startup and venture capital world that I hadn’t experienced since the late 90’s — we all began praying to the God of Valuation. How might our next phase of the journey seem brighter, even with more uncertain days for startups and capital markets? What happened? There was no money train.

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It's time for lean philanthropy: a case study

Startup Lessons Learned

I’ve long been an advocate of using Lean Startup principles to advance non-profits and philanthropic organizations, whose work is so urgently needed at this moment in history. Its creation was a chance to see how Lean Startup principles can be applied to philanthropic work as well as high-growth startups.

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What's Next for "The Startup Way"

Startup Lessons Learned

We’ve had an amazing first week following publication of The Startup Way. A few thing as we move into Week 2 of my book tour: I'm now in Los Angeles and San Francisco to promote The Startup Way. Launch week was busy to say the least, with lots of interviews, Quora and Reddit A MAs, and events across three states.

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The Case for Optimism and Risk at Startups

Both Sides of the Table

I told her that I believed America’s best asset – driven initially from software innovation mindset in the San Francisco Bay Area and media innovation driven from Los Angeles – was our willingness to accept failure. Now they are partners. Startup Lessons' Of course the naysayers are out again.

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How Startups Can Prepare For Their First Tax Audit

YoungUpstarts

They spend a lot of time, effort and resources on developing a business plan, and even more time and effort on raising capital, finding the right people and developing strategic partners. Millias is the managing partner and co-founder of OUM & Co. Warren Chung is a partner in the San Francisco office of OUM & Co.