David Teten

FEBRUARY 3, 2014

Similarly, my research on venture capital portfolio operations found that Portfolio Operator VCs such as Andreesen Horowitz , First Round Capital , ff Venture Capital , and Google Ventures are hiring unusually large teams and structuring them in traditional pyramids. They are typically among the top quartile performers.

Private Equity 114

Private Equity Venture Capital Technical Review Equity 114

Agile VC

APRIL 17, 2011

2010 Operating Income: $16 million. Historically more revenue came from distribution/lead-gen (57% in 2007), but this tipped in 2008 though appears to be steady from 2009 to 2010 at about 58% advertising and 42% distribution. 166M round closed Dec 2007. 2010 Net Income: $8 million. Search Statistics: 2010 Queries: 634 million.

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

www.allthingsdistributed.com

OCTOBER 23, 2010

Main July 11, 2007 The Different CTO Roles I was putting together a short panel presentation on the roleof a Chief Technology Officer in corporate innovation and I once again realized that there is quite a bit of confusion around the role of the CTO. This is the‘technology visionary’ aspect of the role.

CTO 40

CTO CTO Hire Syndicate Syndication 40

Gust

OCTOBER 20, 2011

These anticipated outcomes were validated by “ Returns to Angels in Groups ” by Professor Rob Wiltbank in November 2007. Angels typically invest in companies operating in industry sectors with which they are familiar. In the end, such a portfolio might yield the angel investor a total return on investment of 25% per year or more.

Valuation 146

Valuation Pre-Money Valuation Intellectual Property Technical Review 146

Feld Thoughts

JUNE 25, 2015

.” These deeply held beliefs tangibly define our values and give us a frame of reference to operate. ” Each of our funds is $225 million, we have four partners and no other investment staff, and we work out of the same office we’ve worked out of since we started in 2007.

Syndicate 70

Syndicate Syndication Limited Partner Finance 70

Agile VC

APRIL 27, 2012

As many of you may know, we have a section on the NextView website called “Ethos” where we describe five key principles to how we operate. Ethos: What ‘Blank Canvas’ Means to NextView. April 27, 2012. My partners and I have blogged about some of these including Invited Guest , Golazo , Authentic , and Tribe.

Silicon Valley 124

Silicon Valley Seed Stage Syndicate Syndication 124

View from Seed

JANUARY 26, 2016

In the years immediately prior to the popularity of institutional seed investing (I’m using a time frame of 2002 – 2007), the early-stage financing landscape looked similar to the first segment of the chart. I used 2007 as the marker to delineate this, but the trend probably started a bit sooner.). FWIW, that is not how we operate.).

Seed Stage 120

Seed Stage Early Stage Cofounder Finance 120