Up and Running

JUNE 14, 2010

And the beneath-the-surface rumblings were about how it was screwing up the venture capital business model. VCs needed to invest hundreds of millions of dollars every couple of years, and liked to go into groups and syndications, which meant they wanted deals for a few millions dollars. No, I don’t have data.

Disintermediation 66

Disintermediation Venture Capital Angel Investor Seed Stage 66

David Teten

JANUARY 11, 2020

In the venture capital/private equity business, investors are B2B microinfluencers. The reason I’ve been able to generate a significant amount of content is that almost everything I write is a sanitized version of a memo or presentation I made for my work, not marketing for the sake of marketing. I host on Hostforweb **.

Social Media 60

Social Media Technical Review Media Private Equity 60

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. . I use Google Drive to host my conference presentations , which are all embedded at teten.com. I previously posted a detailed presentation with sales technology tools useful for B2B sales.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

This is going to be BIG.

MAY 5, 2023

It will be the 105th deal out of Brooklyn Bridge Ventures, the firm I started back in September 2012, and it will be the last deal I’ll be making out of my third fund. It will also be my last venture capital deal. For me, I don’t mind sharing how I think about it. This is how Fred Wilson described me back in 2010.

Later Stage 218

Later Stage Venture Capital Term Sheet Limited Partner 218

YoungUpstarts

JANUARY 21, 2014

There is no time like the present. And finally, in Darwinian fashion, competition for market share amongst the venture capitalists as a result of increased numbers of angel investment syndicates will clear the decks of the low-value add venture capital dollars. by Melissa Thompson, CEO of TalkSession.

Entrepreneur 210

Entrepreneur Startup Balance Sheet Non-Compete 210

VC Cafe

JUNE 11, 2010

Matomy offers a way to pay for virtual goods without the need for a credit card, by presenting users with “offers&# that will earn them virtual currency to ‘purchase’ the goods. Fribiz , a syndicated virtual currency platform launched this week. The biggest company in the space is OfferPal Media.

South Africa 89

South Africa Product Incubator 89

This is going to be BIG.

AUGUST 25, 2010

They also couldn’t have asked for a better syndicate of investors. Both groups signed up for the deal, as did Lerer Media Ventures, and several other prominent angels—including Josh Stylman and Pete Hershberg, who backed my previous company. We met the next day, along with his partner, Jared Hecht.

Part-Time VPE 109

Part-Time VPE New York City SMS Syndicate 109

Both Sides of the Table

APRIL 27, 2014

I was having dinner with a friend last night and we were chatting about venture capital and a bit about what I’ve learned. You need to be very present in these periods of time. The biggest difference from experience is that in bad markets people without venture capital experience or strategies are the first to the exit.

Cofounder 374

Cofounder Syndicate Syndication Early Stage 374

Haystack

JULY 15, 2018

I do this in the meeting partly to stay present about having a proper close to the meeting, to give the founder a clear sense of what I’m thinking, and to stop the back-and-forth email that can occur after a meeting. Occasionally here, I’ll make a smaller investment to start and help syndicate.

Founder 60

Founder Syndicate Syndication Deal Flow 60

Both Sides of the Table

OCTOBER 18, 2015

There is a lot of uncertainty about the state of the private, high-growth technology markets and the venture capital markets that underpin them. Technology riches yield bumper crops in venture capital with new firms and new largesses – the rewards of LPs rediscovering our asset class. Are LPs to blame?

IPO 150

IPO Venture Capital LP SEC 150

VC Cafe

OCTOBER 7, 2010

The report’s country profile assessment also noted that Israel’s favorable financial environment, the category in which it was placed 14th, and the availability of venture capital, the pillar in which it came in 10th place, also contributed to making the country an innovation powerhouse. Diversified U.S.

United Kingdom 96

United Kingdom Austria Global 96

VC Adventure

OCTOBER 1, 2013

But AngelList ‘s announcement of “ Syndicates ” has done just that. But I do know that Syndicates is an interesting idea – and perhaps more importantly, yet another example of how Naval and AngelList continue to innovate around funding models for early stage companies. It’s AngelList itself.

Syndicate 91

Syndicate Syndication Early Stage Venture Capital 91

Startup Professionals Musings

NOVEMBER 7, 2010

The trophy angel investor typically participates in networks of other angel investors and venture capital firms that are available for evaluation, feedback and syndication. Bockerstette, now living in Phoenix, Arizona, an active investor, business advisor, and a founding member of the Main Street Venture Fund.

Angel Investor 208

Angel Investor Entrepreneur Indiana Phoenix 208

mashable.com

SEPTEMBER 14, 2011

Since these early individuals will be critical to the success of your business, being present and managing them firsthand will effectively establish a precedent, not to mention, align them with the overall culture and vision of your company. You’ll also likely be hiring local staff for your new office. All Rights Reserved. startupcto

France 77

France Marketing Social Media Startup 77

Gust

FEBRUARY 26, 2014

Sessions are all about how to improve angel investing and manage angel groups, as well as connecting with other industry players and getting technical presentations. Further down the scale are the regional events that the organizations put on, which usually combine regional investment syndication with classes and tutorials.

Angel Investor 125

Angel Investor Global Angel Groups Europe 125

VC Adventure

OCTOBER 1, 2013

But AngelList ‘s announcement of “ Syndicates ” has done just that. But I do know that Syndicates is an interesting idea – and perhaps more importantly, yet another example of how Naval and AngelList continue to innovate around funding models for early stage companies. It’s AngelList itself.

Syndicate 48

Syndicate Syndication Early Stage Venture Capital 48

Haystack

DECEMBER 27, 2018

Slowly I have learned – the association investors have with certain founders, syndicate partners, and downstream VC firms matters; the people one chooses to work with as investor matters a great deal; and while the decisions may happen quickly, they stick around for a long time.

Portfolio 118

Portfolio Syndicate Syndication Flash 118

David Teten

NOVEMBER 15, 2013

At my firm, ff Venture Capital, we’re trying our part to rethink how the industry works, and also actively looking for opportunities to invest in companies creatively disrupting this sector, e.g., our portfolio companies Addepar and Indiegogo. I don’t think that a Net Present Value calculation is appropriate for every company.

Management 114

Management Pre-Money Valuation Venture Capital New Hampshire 114

Professor VC

JULY 25, 2013

Mike Markkula presenting Steve Jobs with first investment in Apple I recently watched an excellent documentary on PBS, Something Ventured: Risk, Reward, and the Original Venture Capitalists. Another area where I''m not sure I stand is with some of the more formal referral and syndication programs that are emerging now.

Term Sheet 46

Term Sheet Silicon Valley Syndicate Syndication 46

This is going to be BIG.

MARCH 29, 2010

I’m sure at some point, the best of these deals will be syndicated to Homerun , Groupon, Buywithme, etc., If you get a permit to do business in the city, you should automatically get signed up to take an online marketing course and be presented accounts in all of these local plays.

Syndicate 105

Syndicate Syndication Venture Capital Flash 105

Professor VC

JANUARY 17, 2008

One of my comments was that we would likely see more institutionalization of angel groups and syndication of deals among groups. If my math is correct, this is approximately a 31% IRR, which has to beat individual angel investments on aggregate and venture capital returns over the period of the study (1990-2007). Venture News.

Pre-Money Valuation 28

Pre-Money Valuation Angel Investor Angel Groups Valuation 28

This is going to be BIG.

JANUARY 21, 2010

Interestingly enough, I thought more people started taking part in the conversation who weren’t on Hot Potato because they now knew their thoughts were being syndicated to an app where more people were talking about the event. It wasn’t clear, however, that this kind of deal savvy was present on the founding team.

Product 68

Product Hockey Stick Entrepreneur Syndicate 68

www.paulgraham.com

APRIL 28, 2010

Mechanics Angel investors often syndicate deals, which means they join togetherto invest on the same terms. In a syndicate there is usually a"lead" investor who negotiates the terms with the startup. Dont feel like you have to join a syndicate, though. This isyet another problem that gets solved for you by syndicates.

Angel Investor 63

Angel Investor Syndicate Syndication Dilution 63

Professor VC

JUNE 20, 2011

I took a look back at our original financial model we presented to VCs in 2004. We managed to pull together an angel syndicate and close $450K on 9/30 after working the phones the last few days and anxiously waiting for signature pages to show up on the fax machine and wire confirms to hit the bank account. Venture News.

San Jose 28

San Jose Angel Investor Term Sheet Venture Capital 28

www.paulgraham.com

APRIL 28, 2010

Some angel investors join together in syndicates. You can find groups near you through the Angel Capital Association. [ Iknow of one startup that got from an angel investor what amountedto a five hundred pound handshake: after deciding to invest, theangel presented them with a 70-page agreement. A frightening prospect?

Technical Review 76

Technical Review Startup Software Review Angel Investor 76

SoCal CTO

AUGUST 3, 2010

Welcome to the Lost Decade (for Entrepreneurs, IPO’s and VC’s) - Steve Blank , July 15, 2010 If you take funding from a venture capital firm or angel investor and want to build a large, enduring company (rather than sell it to the highest bidder), this isn’t the decade to do it. The process is called mass syndication, or a party round.

Software Review 217

Software Review Startup Venture Capital Technical Review 217