View from Seed

JANUARY 13, 2021

It turns out capital is not a weapon, especially in the early stages of building a business, and even experienced founders who can raise huge sums often realize this and right-size their asks. But what has also happened over the last 10 years is the massive expansion of the series A and lifecycle fund market.

Dilution 399

Dilution Later Stage Portfolio Technical Review 399

Gust

SEPTEMBER 6, 2014

Early venture and angel investments are much, much riskier than Buffett’s, with more than half of them typically failing completely and losing the entire investment. As such, the returns on an early stage portfolio typically come from only one or two investments out of every ten.

Exit Strategy 116

Exit Strategy Seed Stage Early Stage Carried Interest 116

Agile VC

JULY 11, 2012

What’s a “fair” split of fee income and carried interest when a partner joins several years/funds after others? For example carried interest takes years to accrue and is based on the efforts and decisions of both the individual and the firm that happened 5-10 years ago.

Silicon Valley 240

Silicon Valley Carried Interest Cofounder Boston 240

Hippoland

JULY 24, 2018

I enjoy learning about new technologies and ideas – and you get to see a lot of them in this business especially in early stage investing. (Hunter Walk just wrote his perspectives here ) Here are some of my learnings from the last year. 1) It is absolutely the best job in the world for me. 4) You should love fundraising.

Salary 48

Salary Capital Call Bootstrapping Cofounder 48

Hippoland

JULY 24, 2018

I enjoy learning about new technologies and ideas – and you get to see a lot of them in this business especially in early stage investing. (Hunter Walk just wrote his perspectives here ) Here are some of my learnings from the last year. 1) It is absolutely the best job in the world for me. 4) You should love fundraising.

Salary 48

Salary Capital Call Bootstrapping Cofounder 48

Professor VC

JUNE 20, 2011

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.

San Jose 28

San Jose Angel Investor Term Sheet Venture Capital 28

K9 Ventures

NOVEMBER 30, 2008

However, even though this is a young industry, I’m going to posit that “early-stage” venture capital as it exists today is broken and in need of reform. In addition, there is a performance incentive — the Carried Interest or Carry. The carry is typically around 20% of any gains on the fund.

IRR 48

IRR Venture Capital LP Early Stage 48