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Get 10 years of experience in 3 years running the most active venture fund in Texas

Austin Startup

You will coordinate and administer the most active venture capital fund in Texas and see an insane amount of dealflow. Job opening: Fund Administrator at Capital Factory In two or three years you’ll gain a decade worth of experience and dealflow. You’ll know the inside details about almost every deal that goes down.

Texas 56
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GPT-3:  An AI That Makes Cars, Not Wrenches And What It Means For The Legal Profession

YoungUpstarts

AI is getting tremendous attention and significant venture capital, but AI tools frequently underwhelm in the trenches. However, it should be recognized that a significant amount of that attention is due to its association with Elon Musk. I suggest, however, that the attention might be warranted on its merits.

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Flexible VC, a New Model for Companies Targeting Profitability

David Teten

Every Flexible VC structure allows founders to access immediate risk capital while preserving exit, growth trajectory, and ownership optionality. . Our categorization is not a technical one. Additionally, Flexible VC can accommodate all types of companies, not just asset-lite, tech-enabled companies.”. Funder Category.

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Revisiting Paul Graham’s “High Resolution” Financing

Both Sides of the Table

People raised rounds with “a discount to the next round&# or “warrant coverage.&# Yes, these give cheaper prices to early angels but potentially not much of a discount if the company becomes hot. Tags: Raising Venture Capital Startup Advice Tech Market Analysis Term Sheets.

Finance 286
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Be Honest About Whether Your Product Really Makes a Difference

Both Sides of the Table

The law of large numbers, platforms that can make your company blow up unexpectedly and the trendy nature of tech markets can be deceiving. Or app companies that went viral due to spammy friend requests to download in an app store only to have a community backlash and subsequent crash. Success for many is ephemeral.

Product 150
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Who are the Major Revenue-Based Investing VCs?

David Teten

I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance.

Revenue 60
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How Much Should You Raise in Your VC Round? And What is a VC Looking at in Your Model?

Both Sides of the Table

There are many things a VC is looking for in reviewing your business plan but beyond things the like the quality of revenue, margins, OPEX and CAPEX there’s a really simple rule I call, “Cash In, Cash Out, Milestones Achieved.” This part of a series to help you raise venture capital ?—?the Let me check my plan.”

Burn Rate 247