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Top 29 Startup Posts May 2010

SoCal CTO

Guide to Evaluating Startup Ideas - Tony Wright dot com , May 27, 2010 A great developer I once worked with was kvetching at lunch one day. They’re deep into Customer Development ,” he said. Innovative. Disruptive. We get it! I Be specific. Here’s why. Your Process Doesn’t Work.

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Why Internal Ventures are Different from External Startups

Steve Blank

Worse, Robert Adams and his two partners got 20% of the carried interest in the fund, resulting in payouts of $30 million to the partnership. Filed under: Big Companies versus Startups: Durant versus Sloan , Customer Development. Big Companies versus Startups: Durant versus Sloan Customer Development'

Startup 327
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Group Finance Director

Transformify

Key responsibilities in this role include: Overseeing and sign-off of the financial statements and management accounts; Overseeing the developing the budgeting and forecasting process and contributing to the strategic direction of the business; Overseeing production of the fund accounts and the general administration of the funds; Overseeing the carried (..)

Finance 40
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The Rise & Fall of Great Venture Firms [Part 1] ? AGILEVC

Agile VC

The names of these once great, now defunct firms may not be terribly familiar today but here are just a few examples: American Research & Development [Boston] –> Founded by George Doriot and depending how you count it, either the first or second formal VC firm in the US. But it’s not quite that simple.

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ProfessorVC: How much is enough?

Professor VC

While my ownership stake in the company has been diluted through these financings (and the merger with uControl), my carried interest (paper value of my equity) has been going up with each increase in valuation. As I said up front, I have mixed emotions about the financing.

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The Secret History of Silicon Valley 12: The Rise of “Risk Capital.

Steve Blank

But the biggest innovation was the “carried interest” (called the “carry”.) Aligning their interests with their limited investors and the entrepreneurs they were investing in. In a typical venture fund, the partners receive a 2% management fee. This is where the partners would make their money.

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The Venture Spiral

K9 Ventures

The birth of modern-day venture capital (not considering the European monarchs financing explorations and projects as venture capital) can be traced back to American Research and Development, which was started by Georges Doriot. In addition, there is a performance incentive — the Carried Interest or Carry.

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