Agile VC

JULY 11, 2012

AGILEVC My idle thoughts on tech startups. Merrill, Pickard, Anderson & Eyre [Silicon Valley] –> Itself an outgrowth of the venture investing arm of the original Bank of America (based in SF), Merrill Pickard backed many startups that ultimately went public. How to Evaluate Firms for a Seed VC. July 11, 2012.

Silicon Valley 240

Silicon Valley Carried Interest Cofounder Boston 240

Agile VC

OCTOBER 23, 2012

FoFs have a range of strategies of course, but broadly speaking LPs that invest in FoFs pay them a management fee and carried interest (on top of the fee & carry of underlying VC funds they invest in) for access, diversification, active management or a combination of all three.

LP 176

LP Accredited Investor Carried Interest Portfolio 176

Steve Blank

MARCH 26, 2014

This post follows directly on Steve’s earlier excellent post, Why Companies are not Startups. In this post, I want to share some new thoughts that build on Steve’s post, and connect them to Lean Startup methods. A startup is a temporary organization in search of a repeatable, scalable business model.

Startup 330

Startup Business Model Lean Russia 330

Both Sides of the Table

JANUARY 5, 2010

So we as VCs search for entrepreneurs/founders who have the whole package or as much of it as possible. A caller dialed in to ask us questions about his startup. He was from South America but living in Switzerland and had launched a startup while holding down a day job at a consulting firm (McKinsey if memory serves).

Entrepreneur 293

Entrepreneur CTO Hire South America Salary 293

ithacaVC

JANUARY 10, 2012

So, then I typed “venture partner definition” into the Google search box. Managing Partner/General Partner (I have seen some with Managing Directors too like an investment bank): top dogs that run the shop and own most of the carried interest. These roles typically do not have any carried interest.

Partner 49

Partner Carried Interest Caching Harvest 49

K9 Ventures

NOVEMBER 30, 2008

In addition, there is a performance incentive — the Carried Interest or Carry. The carry is typically around 20% of any gains on the fund. A couple of years into it, the friendly neighborhood search giant, Big Kahuna, shows up and decides to acquire Little Fish for $100M.

IRR 48

IRR Venture Capital LP Early Stage 48