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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

it is also the title of a fabulous book from Internet 1.0 by Michael Woolf that is worth any startup founder reading to get a sense of perspective on the reality warp that is startup world during a frothy market such as 1997-1999, 2005-2007 or 2012-2014. We want a strong balance sheet (um, ok.

Burn Rate 383
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Does the Size of a VC Fund Matter?

Both Sides of the Table

A fund size of $25 – $100 million in normally an “early stage&# fund that is likely to do seed investments and/or smaller A round investments. A fund size of $100 million – $200 million is likely to either be an A round investor or “stage agnostic&#.

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When VCs Don’t B t You

Feld Thoughts

In 2007, when we set out to raise our first Foundry Group fund, early stage tech VC was in the shitter. No one believed that you could make any money as an early stage VC and when we went out to raise our first fund, we heard over and over again that we were on a fools errand. But is wasn’t always this way.

LP 155
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How Top Venture Capitalists Create (and Sometimes Destroy) Portfolio Company Value

David Teten

Mr. Fralic has 25 years of technology industry experience, with significant Internet business development roles since 1996. Prior to joining First Round in early 2006, Mr. Fralic was VP of Business Development at social bookmarking and tagging company del.icio.us In 1997, Mr. Yavonditte joined Juno Online Services, Inc.

Portfolio 122
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It’s Morning in Venture Capital

Both Sides of the Table

In 1997, the year the Kauffman Report begins its analysis; there were 70 million users online globally. By the end of 2011 the Internet population was estimated at 2.3 billion, with 275 million in North America alone (source: Internet World Stats) and an astounding global penetration of 33% of the world’s population.

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Is the Unicorn Endangered or Extinct?

Professor VC

Amazon priced it''s IPO in 1997 at approximately $500M (the $18 IPO price was an increase from the $12-$14 range) and first trade was at $29.25 We should also remember that Amazon went public at a time (Q2 1997) when many companies were pulling IPO filings because the market was beating up Internet valuations.

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Coinbase

Version One Ventures

It was a much later stage for us than our typical pre-seed/seed investment. At Version One, we believe that we are best when we stay in our early-stage lane, but in this case, we felt very confident that we should make an exception to our investment focus. Relative to how the Internet developed, we might only be in 1997/98.

IPO 121