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How’s Venture Capital Changing in 2023

VC Cafe

By contrast, they backed 620 funds in the last three months of 2021 First time fund managers hit hard: In 2022, limited partners backed 141 funds run by first-time managers, a 59% decline from the prior year and the lowest number since 2013 How does the constrained LP environment manifest for funds and startups?

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How and Why To Be an Angel Investor

David Teten

approx 2004-09. Many pursue an “active” retirement where they can not only keep up-to-date with current trends in their areas of interest, but also make use of their experience and networks to provide operational expertise, general management advice, and critical introductions. Average Angel Returns Over Time. Time Period.

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When Entry Multiples Don’t Matter

Ben's Blog

When Salesforce went public in 2004 as a new kind of CRM provider, its S-1 indicated the CRM applications market was $7B. The management teams of both companies may want to be valued at 15x 2020 revenue — in other words, both companies would be worth $300 million. Not too shabby!

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The VC Shakeout: Are We There Yet?

Agile VC

The entire US economy was booming (in an unsustainable debt binge, in retrospect) from 2004 through much of 2008, and the tech world was booming along with it. For those who aren’t familiar, Mobius was a VC fund with offices in Silicon Valley and Boulder CO and at it’s peak Mobius had $2B+ under management.

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