Feld Thoughts

AUGUST 25, 2015

I sent out a few emails to mentors of mine who had been VCs in the 1980s. Take a look at the founding syndicates of each: Masstor Sytems (5/1979). Quantum Corporation (6/1980). What is striking about these syndicates is that nobody had any meaningful capital, which forced syndication and cooperation.

Venture Capital 70

Venture Capital SBIC Technical Review Silicon Valley 70

Both Sides of the Table

FEBRUARY 25, 2010

When I was raising money for my first company we had closed a seed round in 1999 and were working on our A round. We had many term sheets (it was 1999 and we had a pulse) and we were deciding which one to take. We were trying to optimize around a few criteria: price, size of round, number of syndicate partners and, of course, terms.

Technical Review 301

Technical Review Term Sheet Due Diligence Venture Capital 301

SVPG

SEPTEMBER 30, 2016

Hate mail started streaming in from everywhere - including emails directly to Bill Gates who would forward them on to the team with messages like "this is depressing MSFT's stock price. But back in 1999, a then very young Netflix based in Los Gatos with less than 20 employees, was on the edge of going bust. The combination is amazing.

Product 60

Product Technical Review Software Review Engineer 60

OnlyOnce

DECEMBER 5, 2014

We are happy to have them join our very strong board and syndicate and even happier to have additional investment capital to accelerate our growth, especially in newer businesses for us like Email Fraud Protection and our overall data and analytic capabilities. Lots of aspects of our jobs will. But that’s a good thing.

Private Equity 125

Private Equity Syndicate Syndication Equity 125

OnlyOnce

MAY 1, 2019

Today is a special day in my entrepreneurial journey and in the life of the company that I started back in 1999 (last century!), Over almost 20 years, we’ve built Return Path into one of the largest and (I think) most respected companies in the email industry. Press release is here. But the company is unusual in many respects.

Syndicate 48

Syndicate Syndication Affiliate Cofounder 48

OnlyOnce

MAY 1, 2019

Today is a special day in my entrepreneurial journey and in the life of the company that I started back in 1999 (last century!), Over almost 20 years, we’ve built Return Path into one of the largest and (I think) most respected companies in the email industry. Press release is here. But the company is unusual in many respects.

Syndicate 48

Syndicate Syndication Affiliate Cofounder 48