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

Agile VC

Brentwood Associates [Silicon Valley] –> Founded in the early 70s and focused primarily on VC, Brentwood had big wins in both IT like Wellfleet Communications (big chunk of what eventually became Nortel) and WebTV (part of Microsoft) and healthcare (various businesses that make up a big chunk of what is now Medtronic and Baxter).

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High Returns On A Small Fund Challenge Low Returns On A Big Fund

David Teten

See the Techcrunch posts by my Partner John Frankel and Professor Robert Wiltbank , my recent post on the quality of angel returns data , as well as reports from the Silicon Valley Bank and Kauffman Foundation. However, the conventional wisdom is that small VC funds have better performance profiles than large ones.

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Pari Passu or F.U.little guy

Professor VC

It is the story of the founding of the venture capital industry in Silicon Valley and features many of the iconic companies created including Apple, Intel, Genentech and Cisco. Angel Investors Silicon Valley term sheets venture financing venture capital'

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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. They’ll make much more sense if you watch the video or read some of the earlier posts for context. More on this in the next post.

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Battery Ventures Announces New $750 Million Fund

VC Cafe

The New York Times says the new fund is a signal that Silicon Valley is being revived, but according to the Wall Street Journal , it was lower fees and carry that facilitated securing the capital: It helped that Battery proactively offered some investor-friendly terms.

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ProfessorVC: How much is enough?

Professor VC

The last blogger in Silicon Valley. 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. ProfessorVC. Monday, June 20, 2011. How much is enough? Financing, that is.I

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The VC Shakeout: Are We There Yet?

Agile VC

For those who aren’t familiar, Mobius was a VC fund with offices in Silicon Valley and Boulder CO and at it’s peak Mobius had $2B+ under management. a VC fund’s entire portfolio in aggregate, net of management fees and carried interest) a good return from an LP’s perspective would be 2.5-3.0x

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