View from Seed

State of VC 2.0

View from Seed

This post is inspired by some of the earliest conversations I have had with the team here at NextView and since the beginning of my VC journey. Back in 2018, my colleague Rob wrote a blog post about how the VC asset class is doing.

Welcoming Jack Abramowitz to Our Investment Team

View from Seed

I’m excited to announce that Jack Abramowitz has joined our investment team at NextView. He will be based in our office in New York and looking to invest in companies across the US.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Announcing NextView IV

View from Seed

We are pleased to announce that we have closed on NextView IV. This is a fresh $100M fund with the same high-conviction, hands-on seed strategy that we’ve been pursuing since the start of NextView over 10 years ago.

LP 321

Announcing Our Investment in YAA

View from Seed

I’m very excited to announce our investment in YAA. You can read the update from the company’s CEO Zach here , and we are excited to be partnering with our friends at Flybridge and Long Journey on this investment. .

Building Healthy Innovation Ecosystems for Your Projects

Speaker: Nick Noreña, Innovation Coach and Advisor, Kromatic

In this webinar, Nick Noreña will walk through an Innovation Ecosystem Model that he and his team at Kromatic have developed to help investors, heads of product, teachers, and executives understand how they can best support innovation in their own ecosystem. He'll also go over metrics we can use to measure the health of our ecosystems as we build more resources for innovators.

Why LP’s Passed on Seed Funds 10 Years Ago (And What’s Happened Since)

View from Seed

This year will mark the 10 th year anniversary of NextView. I’ll be writing a number of posts looking back over the first decade of the life of this firm. In some ways, this feels like an eternity.

LP 316

Sizing the Ask

View from Seed

One important tactical decision when fundraising is determining the size of “the ask”. Sizing the ask incorrectly is one of the things I see founders get wrong most often, and it ends up having a meaningful impact to the fundraising process overall.

Airbnb S-1 (Part 1): So How Profitable Is This Thing Really?

View from Seed

Airbnb’s public S-1 dropped Monday afternoon. One of the most highly anticipated startup IPOs of recent years, we now get a peek inside Airbnb’s business.

Mercenaries, Missionaries, and Crusaders

View from Seed

I’ve had the privilege to work with many great entrepreneurs, both in my operating days at the start of my career and over the last decade plus on the VC investing side. In my experience founders usually fall into one of three types: mercenaries, missionaries, and crusaders.

Announcing NextView’s Everyday Economy Accelerator

View from Seed

We at NextView Ventures are sensitive to the challenges which all startups face during these times brought upon us by the current Coronavirus crisis. As we have discussed elsewhere, the world of early stage investing is shifting from FOMO ( F ear O f M issing O ut) to FOLD (Fear Of Looking Dumb).

B2C 342

How Venture Capital Decision Making Has Changed During the Pandemic

View from Seed

The sudden arrival of the global pandemic has shifted the playbook for founders and venture capitalists. Despite the beginnings of a vaccine rollout, it’s likely that the conditions created by Covid-19 will continue to persist for some time.

Be Like Water – A Guiding Principle for Consumer Product

View from Seed

“Be formless, shapeless, like water.” – Bruce Lee. I was on a pitch video call the other day when the founder asked me what the guiding principle for product was at Blue Apron when I was leading the team there, and my response was that consumer product experience should be like water.

Announcing NextView’s Health and Sustainability Accelerator

View from Seed

Last spring, we at NextView announced a new, virtual “Everyday Economy” accelerator at the height of the initial pandemic lockdown. It quickly became a success.

Our Investment in Expressable: A Different Kind of Digital Speech Company

View from Seed

I’m pleased to announce our recent investment in Expressable, a company focused on delivering better speech therapy in our digital age.

SMS 210

Hologram: Everyday IoT Reaches Scale

View from Seed

Today Hologram announced their $65M Series B round of funding led by Tiger Global. Hologram is a leader in enabling large-scale connectivity of internet of things (IoT) devices, across the globe with 400+ wireless carriers, all through a robust but easy-to-use API.

10 Reflections After 10 Years of NextView

View from Seed

A few weeks ago, we hosted a small dinner for a number of portfolio company founders, LP’s, and friends of the firm. We’ll probably do a few of these over the next few months as we make our way back around the country and folks get more comfortable meeting in larger groups in person. Part of the reason to do this was just to reconnect after a long time apart. But another was that this year marks NextView’s 10 th year in existence. These first ten years have been pretty special personally.

IRR 156

Choosing a VC Is Like a Marriage. But Pitching VC’s is NOT Like Dating

View from Seed

There is a well-known trope that choosing a VC to partner with is like marriage. This is true. It’s a super important, near permanent relationship, especially for a lead investor that is likely to take a board seat for many years. But in my experience, the metaphor ends there.

Coachability is Overrated

View from Seed

The most overrated attribute that some investors look for in founders is “coachability” Do I have your attention? It’s not that founders shouldn’t be coachable. It’s a good attribute. But I think there are two ways that an emphasis on coachability goes wrong.

Why NextView Invested in Correlated

View from Seed

As seed stage investors here at NextView Ventures , we have the privilege of working with a wide profile of founders at the company conception stage — from early-career first time entrepreneurs , to seasoned execs turned founders , to repeat successful entrepreneurs.

The Shift from FOMO to FOLD in Early Stage Investing

View from Seed

For the last several years, the early stage investing market was driven largely by the F ear O f M issing O ut, AKA FOMO.

NextView’s Early Stage Startup Guide: Product

View from Seed

Welcome to the first installment of the NextView Ventures Early Stage Startup Guides. Over the years, we’ve worked with, and talked to thousands of founders just starting out.

Four Tricky VC Questions and How To Handle Them

View from Seed

During the course of a fundraise, founders are likely to encounter a few questions from VC’s that seem awkward or even a bit unfair.

What Do Your Customers Want to Buy?

View from Seed

After building NextView for almost 10 years now, I’ve been having more conversations recently with first time managers looking for some tactical advice. Raising one’s first fund is hard, and there are always a plethora of voices that will tell you that it’s impossible for many different reasons.

Updating Your Seed Investors – Board Deck & Update Email Templates

View from Seed

Today I’m excited to announce the relaunch of our most popular resource ever: board meeting deck templates for seed-stage startups, now in conjunction with an investor update email template. Download Board Deck Template . Download Investor Update Email Template. Investor Update Email Template and How & When to Use It. We first released a version of the board meeting deck template template back in 2014 and then a revised version a couple of years later.

Email 256

Our Investment in Lula: Building API-Based Insurance in a Pandemic

View from Seed

“Slowly at first, then suddenly all at once.” ” This quote is variously attributed Mark Twain and F. Scott Fitzgerald, though it actually draws on dialogue in Ernest Hemingway’s writing. . Today Lula announced its $18M funding round led by Founders Fund and Khosla Ventures.

API 156

The Midas List Then and Now

View from Seed

In a few months, we are likely to see the annual Forbes Midas list of top performing early stage VC investors.

China 257

We’re Hiring a Platform and Operations Associate at NextView

View from Seed

With the recent announcement of our fourth fund , we are expanding the team at NexView with a new Platform and Operations Associate. This role will be virtual through the end of the pandemic, but will ultimately be based in either our New York or Boston office. From the beginnings of NextView, we have had a commitment to being high-conviction, hands-on, seed stage focused investors.

Our Scoring System at NextView (aka How We Evaluate Companies)

View from Seed

A few weeks ago, I published a post on how we make decisions and vote at NextView. Usually when we record our votes, we also score each company based on five attributes. This isn’t used as a “scorecard” where companies need to clear a certain quantitative bar to get through our process.

Fundraising When You?ve Been at it a While

View from Seed

Fundraising for startups is a mix of selling both promise and reality. In some respects, one of the often non-intuitive privileges of a seed stage fundraising process is that the company is so new. There isn’t much history, much reality, to get in the way of a good story.

What’s the Deal with Seed Funds Waiting for Traction?

View from Seed

I sent a tweet out last week that elicited quite a few responses from both founders and investors: seed funds that don’t invest pre-traction =. — Rob Go (@robgo) November 4, 2019. I could hear the internet nodding in violent agreement. I thought I’d share a few additional thoughts on what may be driving this. First – there are a lot of seed investors out there that don’t actually want to invest in seed. What they really want to do is be a venture capitalist.

The End of Syndication

View from Seed

For early stage VC ‘s, Syndication is the process of sharing investments with other potential co-investors. The classic scenario is when a VC has a signed term sheet to lead a round, but has left room open for another meaningful investor.

The Due Diligence Hierarchy of Pain

View from Seed

When a founder is raising money, he/she should expect that any serious investor will conduct some level of due diligence before getting to yes. This could look somewhat different depending on the maturity of the business. Seed stage companies will mostly face questions around the team and market.

Announcing Our Investment in Impact Biosystems

View from Seed

I’m please to announce our recent investment in Impact Biosystems , an adaptive hardware and software solution for health and fitness. We are big Whoop wearers and proud early investors here at NextView.

We’re Hiring for Our Investment Team at NextView’s NYC Office

View from Seed

Since we first opened our New York office back in 2015, we have steadily increased our presence over the years ( Melody joined us in 2017 and Dorothy in 2018), and now roughly 40% of our investments are in New York.

Hiring 214

NextView’s Greatest Hits

View from Seed

At NextView Ventures we have written many pieces about venture capital — how to raise it, build your business, engage with investors, iterate your product, navigate expanding industries, etc.

Traction Creates Opportunity

View from Seed

One phrase that I often say is that “traction creates opportunity”. We were talking about this today and realized that I’ve never written a blog post on the topic, although I’ve said it countless times over the years. So here we go.

Why I Don’t Bet on a Pivot

View from Seed

One of the toughest things about seed stage investing is knowing that many successful companies started off on the wrong path. Sometimes, the general idea was right, but the company needed to refactor something quite foundational to their model to make things work.

Foodtech Trends That Are Here to Stay

View from Seed

Advances in technology and changing consumer preferences have long been transforming the way food is created, distributed, and consumed. Now, as COVID-19 revolutionizes much of what was “normal” before March, several trends in foodtech are experiencing tailwinds.

Is the Future of Healthcare a Telehealth Company for Every Condition?

View from Seed

One of the most promising trends accelerating in digital health is the verticalization of digital health. Historically, the healthcare market has been regional, limited by the in-person nature of care delivery.

Building the Best Seed VC Syndicate in 2020: Navigating “Leaders” & “Fillers”

View from Seed

In previous blog posts I’ve written about the two main approaches to building a seed round syndicate – the subscription method (where an entrepreneur presets a structure with a convertible note or SAFE and recruits investors who subscribe to the round, all without a term-driving lead investor) and a term-driving lead investor approach.

Announcing Our Investment in Carefull

View from Seed

I’m excited to announce our investment in Carefull. See here for more on the company and check out the product on Android and IOS. Carefull is a beautiful combination of three things that I love into one company, which is why I am so excited to be involved.

Drive the Meeting

View from Seed

One thing I strongly believe is that founders should drive the agenda of a fundraising meeting. This is something that is easy to do, but only happens a minority of the time. What does it mean to not drive the meeting?

Meet Summer: Our Portfolio Company Changing The Student Loan Landscape

View from Seed

Student loan is a generational crisis – there are 45 million borrowers in the U.S. on the hook for $1.6 trillion in student loan debt, tripled in the last 10 years. When we think about money in the context of everyday living for the next generation of consumers, it’s impossible to ignore the weight of the student loan burden. . Unlike many other aspects of personal finance, student loan is incredibly complex.