Both Sides of the Table

JULY 10, 2010

This episode of This Week in Venture Capital featured Michael Montgomery, president of Montgomery & Co. 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).

IPO 242

IPO Venture Capital Private Placement Cofounder 242

Austin Startup

JUNE 27, 2017

For investors outside of Austin and LPs: Austin is a a vibrant startup market and this list of capital sources can help you identify firms to co-invest with and funds to invest in. He is the founder and former Co-Chairman and CEO of Motion Computing. We’ve compiled a definitive list of sources of startup capital in Austin.

Venture Capital 54

Venture Capital Austin Texas Private Equity 54

Feld Thoughts

JULY 31, 2013

Dan Caruso, the co-founder/CEO of Zayo Group , is one of them. In late 2006, Zayo was a pure start-up headquartered behind Nick and Willy’s on 8th and Pearl. In June of 2006, we sold what remained of ICG Communications to Level 3. of debt and $870M in equity in three rounds. I didn’t. We raised $2.7B

Bandwidth 147

Bandwidth Colorado Startup IRR 147

David Teten

FEBRUARY 6, 2013

Balloch’s 20+ year career prior to becoming an angel investor was in financial services both in the private equity world- fundraising and investor relations, and in investment banking. Karen Bantuveris, Founder and CEO of VolunteerSpot. Karen Bantuveris, Founder and CEO of VolunteerSpot.

Private Equity 114

Private Equity North America Cofounder Angel Groups 114

View from Seed

JANUARY 26, 2016

For reference, First Round Capital and Softech were founded in 2004 (although they were less institutional early on), Floodgate in 2006, Harrison Metal in 2008, etc. technical co-founder). Third, founders at this stage have an incentive to minimize dilution at the point when their equity is the least valuable.

Seed Stage 120

Seed Stage Early Stage Cofounder Finance 120

Agile VC

JULY 19, 2012

For example FRC launched a founders equity exchange fund and various programmatic forms of knowledge sharing like list serves, CEO summits, conferences, etc. Though they only started in 2006, Foundry’s obviously off to a great start with investments in Zynga and AdMeld and a promising portfolio of others.

Cofounder 193

Cofounder Limited Partner Early Stage LP 193

VC Cafe

FEBRUARY 1, 2011

Surphace is a reincarnation of Sphere, a startup founded by Martin Remy and Steve Nieker in 2006 as a related content plugin and was later acquired by AOL in April 2008 for a rumored sum of $25 million. Co-founder Tony Conrad left AOL in 2009 , but has since come back as part of the About.me acquisition late last year.

Widget 100

Widget Acquisition Europe Cofounder 100

Gust

NOVEMBER 4, 2011

In brief, a cap acts to place a limit on the conversion price of a convertible note such that investors are guaranteed a minimum number of shares for their bridge loans if the startup does a priced equity round at a high pre-money valuation – “high” meaning above the cap, which is often a heavily negotiated term. (The by February 2006).

Valuation 98

Valuation Pre-Money Valuation Merger Vesting 98

David Teten

MAY 16, 2011

He joined Oversee in 2006 as Executive Vice President respon sible for DomainSponsor, the company’s industry-leading traffic monetization business. He began his career as a consultant with McKinsey & Co. Joe Chernesky, Vice President and General Manager of Global Licensing Sales, Intellectual Ventures.

Naming 122

Naming Government Intellectual Property LLC 122

Feld Thoughts

AUGUST 2, 2010

In addition, I’ve made many seed investments as an angel investor in two time periods,1994-1996 and 2006-2007, and seen many more through my involvement as a co-founder of TechStars. ?Our In addition, we are equally delighted to co-invest with angels and super angels, or not. each are equally happy situations.)

Angel Investor 152

Angel Investor Cofounder Syndicate Syndication 152

David Teten

JANUARY 10, 2012

Howard Lindzon is Co-Founder and CEO of StockTwits, a social network for traders and investors to share real-time ideas and information. Parekh started his career at Goldman Sachs, developing the firm’s equities business in the Middle East, with high net worth family offices and sovereign wealth funds.

Technical Review 128

Technical Review Technology North Carolina Switzerland 128

Both Sides of the Table

MAY 15, 2010

But when the finally convert the debt to equity the round gets filed with the SEC and thus journalists often pick up on it. StackOverflow – We both have a love fest for Joel Spolsky who also co-founded Fog Creek Software. Swipely – Blippy competitor founded by TellMe founder, Angus Davis, in Fall 2009.

Stealth 285

Stealth SEC Advertising Accredited Investor 285

David Teten

FEBRUARY 3, 2014

It might appear that origination is becoming much easier because of new tools like AngelList and the SEC moving toward adoption of rules that will allow equity based crowdfunding. We published the full report in the Journal of Private Equity ; it’s now the #2-most viewed article in the Journal’s history. 2006) [iii].

Private Equity 114

Private Equity Venture Capital Technical Review Equity 114

Both Sides of the Table

SEPTEMBER 2, 2009

If a company has reached a level of success, has been around for a few years and you believe the company has potential to break out into a much bigger company then you should let the founders take money off of the table. Founders however are asked to take low salaries and never really get back the time they worked for free.

Founder 329

Founder Liquidation Preference Term Sheet Participating Preferred 329

Gust

OCTOBER 20, 2011

Individual accredited investors in typical angel deals put personal capital at risk for an equity share of growth-oriented, start-up companies. For this round of investment, the angels collectively purchase 20-40% of the equity of the company and are seeking a return on investment of 20-30X in a period of five to eight years.

Valuation 146

Valuation Pre-Money Valuation Intellectual Property Technical Review 146

techcrunch.com

OCTOBER 23, 2010

One of the things I do as a founder of a later stage startup is to meet with early stage entrepreneurs to help them get their companies going. In later posts I’m going to get into more detail on specific topics like hiring, raising money, what types of ideas have the potential to get big, finding your founders, and the like.

Technical Review 84

Technical Review Cofounder Technical Cofounder Software Review 84

Steve Blank

OCTOBER 8, 2012

There’s probably no one more qualified to write this book then Brad Field (startup founder, co founder of two VC firms – Mobius and Foundry, and founder of TechStars.). An incubator provides year-round physical space, infrastructure and advice in exchange for a fee (often in equity.) Leaders and Feeders.

Community 333

Community Silicon Valley San Francisco Venture Capital 333

Agile VC

NOVEMBER 13, 2012

The IPO market remained closed to IT startups, but there were big acquisitions like Google buying YouTube for $1.65B (Fall 2006) and late stage financing rounds for companies like Facebook (Microsoft round at $15B valuation in Fall 2007). A16Z today or Founders Fund or General Catalyst a few years ago).

LP 154

LP Portfolio Venture Capital IRR 154

Spencer Fry

SEPTEMBER 26, 2016

Much has been written about the disadvantages of being a solo founder. Paul Graham was certainly one of the first to write about it publicly in 2006 when he published his article, Startup Mistakes , with “Single Founder” as the first in a long list of mistakes. Bad co-founder fit. I wanted to start it on my own.

Cofounder 28

Cofounder Founder Vesting Equity 28

Hunter Walker

FEBRUARY 11, 2019

HW: Having been at MySpace 2006-2009 do you have empathy today for what Facebook, Twitter and YouTube are trying to solve (safety and abuse, manipulation)? When I went to MySpace, Chris DeWolfe, our co-founder and CEO, made safety a company-wide priority and we owned up to what we were doing poorly. More to come.

Social Media 118

Social Media Private Equity Government Media 118

Startup Lessons Learned

JUNE 19, 2019

Andy Rachleff co-founded the venture capital firm Benchmark Capital in 1995. It was a lot less appealing to me to be a growth equity investor, but that's not why I retired. So we made a pact among the founders that when any of us reached the point that we weren't willing to go 110%, you had to opt out.

Silicon Valley 159

Silicon Valley Lean Venture Capital Pre-Money Valuation 159