Remove 1999 Remove Conversion Remove Finance Remove Valuation
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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. And then in the late 90’s money crept in, swept in to town by public markets, instant wealth and an absurd sky-rocketing of valuations based on no reasonable metrics.

Valuation 466
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Why Has Seed Investing Declined? And What Does this Mean for the Future?

Both Sides of the Table

why the hell has seed financing declined so much in the past 3 years?? Between 1999–2005 the costs went down by 90% and between 2005–2010 they went down a further 90%. I launched my first startup in 1999 so I know the economics of launching from first-hand experience. The “A Round” of my startup in 1999 was $16.5

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Venture Capital Funding and the Sexism You Can’t Quite Prove

Up and Running

To draw titular inspiration from a New York Magazine article entitled Ellen Pao and the Sexism You Can’t Quite Prove (we’ll talk more about Pao later on), I entered into this topic less with the desire to try to “prove” a specific point, but rather to explore an issue that continues to rise to the top of conversation in the entrepreneurial space.

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Founders – Use Your Down Round To Clean Up Your Cap Table

Feld Thoughts

Much of it is very short term focused and, like a giant tractor beam, draws the conversation into a very short time horizon (as in days or weeks). I started investing in 1994 and while there was some bumpiness in 1997 and again in 1999, the real pain happened between 2000 and 2005. Or you might need to raise it.

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Returns for brand-name VC funds

finance.fortune.cnn.com

The information is based on part of a confidential year-end 2011 investment report distributed to investors in a fund-of-funds that made commitments between 1999 and 2001. Overall, the fund-of-funds is 97% called for 45 funds raised between 1999 and 2002. Accel Partners VII (1999): 89% (74%). Join the Conversation.

Naming 49
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Venture Deals 4e German Edition

Feld Thoughts

Corporate law: In Germany, most companies in general and most VC-financed companies are structured in the legal form of a “Gesellschaft mit beschränkter Haftung” (GmbH). Often, this integration results in VC-financed GmbH companies having little to do with the GmbH as envisaged by the law.

Germany 165
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Stock Market Drops. Then It Rallies. What Happens Next for Funding?

Both Sides of the Table

Valuations were enormous relative to progress in companies. Companies with less than $2 million in revenue were asking for $50-60 million valuations and getting them. I spent my days meeting companies, figuring out what areas of the market interested me and trying to get a sense for how VCs thought about fair valuations.

Stock 305