article thumbnail

Who Just Raised A $225 Million Financing in North Carolina?

Feld Thoughts

In 2000, Mike co-founded AvidXchange and has been building it ever since. Before making a decision to invest, we talked to each member of our advisory board to get their feedback. Their feedback, as one would hope from an advisory board, was direct, clear, and ultimately supportive.

article thumbnail

When VCs Don’t B t You

Feld Thoughts

His name will be familiar to plenty of you – it’s Fred Wilson. The collapse of the Internet bubble was not kind to us and by 2005 it was clear that our second fund – raised in 1999 – was a disaster, and our third fund – raised in 2000 – was off to a very rocky start.

LP 155
article thumbnail

Elephants Can Dance – Reinventing HP « Steve Blank

Steve Blank

Army Signal Corps advisory board, and the Army was going to acquire their first computer for research. The remaining company kept the Hewlett Packard name and focussed on computers. If you drop the sentimentality, a company is a merely a brand-name for a historical context. Agilent is a $5.8