View from Seed

SEPTEMBER 14, 2021

One thing that jumps out quickly is that TVPI between 2004-2010 (avg 2.6x) has underperformed 2011-2017 (avg 3.0x). For context, seed-stage pre-money valuations are up 24% from H1 2020 to H1 2021. Early-stage valuations are up 70%, and late-stage valuations are up 103% (source Pitchbook ). Probably, yes as well.

Valuation 319

Valuation Pre-Money Valuation Distribution Early Stage 319

View from Seed

SEPTEMBER 14, 2021

One thing that jumps out quickly is that TVPI between 2004-2010 (avg 2.6x) has underperformed 2011-2017 (avg 3.0x). For context, seed-stage pre-money valuations are up 24% from H1 2020 to H1 2021. Early-stage valuations are up 70%, and late-stage valuations are up 103% (source Pitchbook ). Probably, yes as well.

Valuation 295

Valuation Pre-Money Valuation Distribution Early Stage 295

Reid Hoffman

JULY 20, 2022

Visual expression can’t exist without technology. So what happens as DALL-E and similar technologies continue to improve, and millions of people gain access to these extraordinary new tools for human creativity and communicative power? Great artists have always been great innovators. A GRAPHIC GLIMPSE OF THE FUTURE, TODAY.

Warrant 44

Warrant Artificial Inteligence Social Media Early Stage 44

Eric Friedman

FEBRUARY 3, 2016

I have been working with a number of early stage teams going through various stages of fundraising and using this diagram to help explain my thoughts on some of the questions they will come up against. Well, for starters I don’t believe there was the ubiquity of broadband that existed in 2004-2005. The Right Time.

Technology 60

Technology Flash Early Stage Cofounder 60

techcrunch.com

SEPTEMBER 2, 2012

From 2004 to 2007, she helped lead Congresswoman Carloyn Maloney’s community outreach and relations efforts in New York City. Ressi estimates that the debt note now accounts for over 50% of all angel and early stage deals. Leena Rao currently works as a writer for TechCrunch. Company: Founder Institute. Website: fi.co.

Equity 87

Equity San Francisco Technical Review Angel Investor 87

VC Cafe

FEBRUARY 11, 2020

The rise of CVC volume is well documented (see post on VC Cafe), but what’s less discussed is funds started by mature startups or “new corporates” These are funds launched by venture backed companies to deploy capital into early stage startups innovating in their space. “Mature” startup funds.

Balance Sheet 201

Balance Sheet Startup IPO Venture Capital 201

View from Seed

SEPTEMBER 14, 2021

One thing that jumps out quickly is that TVPI between 2004-2010 (avg 2.6x) has underperformed 2011-2017 (avg 3.0x). For context, seed-stage pre-money valuations are up 24% from H1 2020 to H1 2021. Early-stage valuations are up 70%, and late-stage valuations are up 103% (source Pitchbook ). Probably, yes as well.

Valuation 156

Valuation Pre-Money Valuation Distribution Early Stage 156

thebarefootvc

MAY 8, 2012

Additionally, while we are in a very bullish funding market, this will eventually change (having invested through the boom and bust 1999-2003 in Silicon Valley and the run up and financial crash of 2004-2009 in NYC, I can virtually guarantee that cycles will continue).

Venture Capital 78

Venture Capital Syndicate Syndication Bandwidth 78

500hats.com

AUGUST 2, 2012

Meanwhile, Micro VC has focused on sweeping changes in technology and consumer internet adoption that have enabled dramatically reduced capital requirements for building new software companies, as well as accelerated access to customers via search, social, and mobile platforms. and no, we didn’t.

Silicon Valley 74

Silicon Valley Early Stage Venture Capital Valuation 74

The Startup Magazine

OCTOBER 24, 2017

Yet their commonality lies in their acceptance of early stage investment risks and their passionate drive to help startups succeed. My website says I am “pathfinding the bold technologies that will change our world.” What one piece of advice would you give to people in the early stage space? Rumi Morales.

Early Stage 88

Early Stage SEC Chicago Venture Capital 88

This is going to be BIG.

DECEMBER 26, 2011

Election years tend to be good for technology diffusion. 2004 gave us widespread blogging and Meetups, and 2008 showed how the web could be a community organizing and fundraising tool. (PS.there are various companies in this article I have or have had business involvements with. Reader beware.). Open Government.

Technology 128

Technology Valuation Community Restful 128

mashable.com

JUNE 11, 2013

In fact, recent research shows that 75% of startups fail (based on a study of 2,000 startups that received VC funding from 2004 to 2010). Ive seen the last one in particular cause a lot of heartbreak in early-stage companies." — Kathryn Minshew , Founder/CEO, The Muse. Some startups are destined for failure.

Cofounder 111

Cofounder Technical Review Startup Software Review 111

Both Sides of the Table

JULY 10, 2010

If you don’t know Montgomery & Co it is one of the premier technology & media focused investment banks in the country (and as Michael corrected me they also have a strong Healthcare / Med tech practice). The Montgomery Conference : one of the top technology events of the annual calendar in the United States and held every March.

IPO 242

IPO Venture Capital Private Placement Cofounder 242

Growthink Blog

FEBRUARY 6, 2012

The biggest technology IPO in history has rightfully captured the imagination of both the general and investment public. However Facebook's stock ultimately performs, what is written is that those that invested in the company in its early days made one of the most incredible angel investments in history.

Angel Investor 76

Angel Investor IPO Private Equity Early Stage 76

Both Sides of the Table

JUNE 28, 2010

This lasted from about 2001-2004. Formerly known as Fonelet Technologies. When he entered the industry he caught the tail end of the dot com bubble and then was immediately thrust into a 3-year period of “triage&# where VC’s had to deal with problems in portfolio companies. CEO Henry Vogel (ex CRO of Quigo, and VP at Ebay).

San Francisco 230

San Francisco Los Angeles Cofounder SMS 230

thebarefootvc

FEBRUARY 3, 2016

New York City : NYC is growing as a startup hub; yet early stage (seed, small A rounds) institutional capital has not kept up with the local growth. This global reach is a new model of early stage venture, one that we believe we will see more of in the future. In fact, only 13% of VCs investing in the US are based in NYC.

North America 40

North America Early Stage New York City Portfolio 40

Startup Lessons Learned

SEPTEMBER 14, 2008

But the early customers all compared it to MySpace. This was 2004, and we had never even heard of MySpace, let alone had any understanding of social networking. The people who are the lifeblood of an early-stage startup are earlyvangelists. They just dont need another authority figure in their life.

San Francisco 131

San Francisco Customer Lean Continuous Deployment 131

thebarefootvc

JULY 3, 2016

New York City : NYC is growing as a startup hub; yet early stage (seed, small A rounds) institutional capital has not kept up with the local growth. This global reach is a new model of early stage venture, one that we believe we will see more of in the future. In fact, only 13% of VCs investing in the US are based in NYC.

North America 40

North America Early Stage New York City Portfolio 40

David Teten

MARCH 12, 2012

According to a 2003-2004 U.S. Technology. As investors in early-stage technology companies , we are particularly interested in some of the new technologies that have emerged that promote fitness, and we’ll promote their use. survey, Americans spend over half of their time awake sitting.

Product 166

Product Portfolio Venture Capital Vesting 166

BeyondVC

MARCH 22, 2004

Specifically, Bruce said that security is social and not about technology. Given this tension between vendors and proprietary lock-in, it is no surprise that open-source and open-platform technology and new business models like the hosted or subscription sale are spreading rapidly.

Architecture 60

Architecture Early Stage Open Source Security 60

BeyondVC

FEBRUARY 5, 2004

Fred Wilson has a great post about building a “customer-obsessed company” as opposed to a “technology-obsessed company.” ” This is good advice and reminds me of a number of companies built during the bubble period which were technology companies in search of a problem to solve. This is a common problem.

Customer 60

Customer Software Review Technical Review Bootstrapping 60

Startup Lessons Learned

OCTOBER 29, 2013

But the information was critical for any early-stage company that hopes to reach that critical point and wants to be prepared when it comes. Ari Gesher is a senior engineer at Palantir Technologies, creating data-mining software for government and financial clients.

Lean 167

Lean Hiring Metrics Conversion 167

Both Sides of the Table

SEPTEMBER 2, 2009

A friend of mine is a serial entrepreneur and is running a high-profile, early stage company in NorCal. Ironically our business started to perform very will by 2004 but by then management had lost the dream of a huge upside. Tags: Pitching VCs Start-up Advice VC Industry startup technology vc venture capital.

Founder 329

Founder Liquidation Preference Term Sheet Participating Preferred 329

Both Sides of the Table

MAY 24, 2021

This “overnight success” was first financed in 2004. He then went on the create an early-stage VC that I track closely?—? Playing the Long Game Benefits us All All FOUR constituencies win by playing long: founders, early VC, late VC and executives. This is true in consumer but it’s also true in enterprise software.

Venture Capital 363

Venture Capital LP Valuation Later Stage 363

Hippoland

JULY 24, 2018

I enjoy learning about new technologies and ideas – and you get to see a lot of them in this business especially in early stage investing. To give you some perspective, my salary today is less than what I made at my first job out of college…in 2004. 1) It is absolutely the best job in the world for me.

Salary 48

Salary Capital Call Bootstrapping Cofounder 48

Hippoland

JULY 24, 2018

I enjoy learning about new technologies and ideas – and you get to see a lot of them in this business especially in early stage investing. To give you some perspective, my salary today is less than what I made at my first job out of college…in 2004. 1) It is absolutely the best job in the world for me.

Salary 48

Salary Capital Call Bootstrapping Cofounder 48

ConversionXL

OCTOBER 14, 2016

Actually, people have been asking for alternative solutions to the traditional username and password authentication system since 2004 when 80% of workers reported being “fed up” with using passwords and 92% said they would be more interested in using biometric technology or tokens / smartcards. Very secure. Windows 10).

Security 48

Security Technical Review Software Review Mobile 48