Information Arbitrage

OCTOBER 5, 2016

When Limited Partners (LPs) invest in a venture fund, they agree to pay an annual Management Fee on committed capital, usually on a declining scale over a 10 year period. In total, these fees amount to around 20% of an investors’ commitment, which implies that LPs only get to put 80% of their investment dollars to work because of management fees. We ended up Fund I being around 116% invested, meaning that we invested $58M against $50M of committed capital.

Seed Stage 43

Seed Stage Warrant Committed Capital Liquidity Event 43

The Startup Magazine

MAY 24, 2017

An investor commits capital with the expectation of financial return, which according to CNN Money is a growing benefit to the average American’s bank account. Capital Raising FinanceInvesting is a simple concept.

Stock 62

Stock Committed Capital Equity Marketing 62

Hunter Walker

SEPTEMBER 13, 2017

We – and the other investors – committed capital, sweat and reputation behind a team that absolutely is working on a problem that matters to them and we believe can be meaningful to customers. Let me tldr by saying I agree with Paul’s commitment here to listen to and understand the feedback. As investors, we hope to help founders see around corners in order to assess and predict outcomes.

Curation 76

Curation Committed Capital Early Stage Reputation 76

Feld Thoughts

MAY 28, 2014

The advantage, for all the investors (the VCs and their LPs), is that $100m gets put to work as invested capital, rather than just $85m. If I’ve only put $85m to work, I have to generate $100m to get to a point where I’ve returned capital, which puts me in a position to get carry.

Management 158

Management .Net LP Distribution 158

This is going to be BIG.

MAY 1, 2016

Are you a fund with committed capital? Some firms prefer to lead. Others never do. At some firms, principals can lead deals. At others, only partners can. At some firms, everyone is called a partner. Who can lead a deal then? ¯_(ツ)_/¯ Sometimes, it depends on the size of the deal. Above a certain amount, more partners need to get involved. Some funds aren't funds at all. They're family offices. Some "venture firms" don't have money and never did. They might be brokers or advisors.

Committed Capital 55

Committed Capital Partner Founder Management 55

Version One Ventures

FEBRUARY 21, 2013

Announcing Version One’s final close In addition to wrapping up 2012, I’m happy to announce the final close of the Version One Ventures fund with $19 million in committed capital. News BDC e-commerce marketplaces seed Series A round Software as a service venture capitalWhile crunching the data and reflecting on the past year, it’s clear that 2012 was busy. Version One Ventures made eleven investments, including three angel investments that rolled over into the fund.

Los Angeles 42

Los Angeles Portland B2C B2B 42

Inc Startups

JUNE 28, 2012

The firm raised the $1 billion fund, IVP XIV, over four months and now manages $4 billion in committed capital. The late-stage VC firm that backed Zynga, Twitter, and Dropbox raises its largest fund to date.

Partner 50

Partner IPO Committed Capital Limited Partner 50

Bryce Dot VC

JUNE 28, 2017

We were one of a handful of “institutional” super angel/micro VC/seed funds, which is to say that we raised a sizable ($50M) pool of capital from outside investors. The second strategy was to use a portion of each fund as a pool of capital to make Tim’s angel investments. In Fund IV, we are still actively making Tim’s angel investments and allocating a larger percentage of committed capital to them.

Committed Capital 40

Committed Capital Early Stage Portfolio Founder 40

Agile VC

DECEMBER 6, 2012

A little more inside baseball from the VC biz… why VC’s rarely make “crossover” investments, with capital from multiple funds the VC firm manages invested in a single startup (see note 1).

LP 142

LP Balance Sheet Differentiation Limited Partner 142

A VC : Venture Capital and Technology

AUGUST 22, 2010

I like to think of the venture capital business like parenting. When I invest in a company, I am committing to the care and feeding of the company until cash flow breakeven (the startup equivalent of adulthood). We invested about a half a million of seed capital into a company last year and it is already profitable and there is a good chance that company isn't going to need any more capital from us. I see the capital calls.

Web 130

Web Portfolio Seed Capital Bootstrapping 130

Information Arbitrage

SEPTEMBER 28, 2016

Gearing up for Global Expansion - The Series B As the Company was rapidly expanding its global footprint, we as a Board decided it made sense to put more capital on the balance sheet to both support growth as well as secure a substantially larger credit line for financing receivables and a slice of term debt. or just over 10% of our Fund I committed capital. In each fund we have 24-28 investments, with 6-8 garnering the lion’s share of the capital over multiple rounds.

IPO 40

IPO Balance Sheet Liquidity Event Committed Capital 40

Inc Startups

JULY 25, 2012

In two months, the venture capital firm raised one of the largest venture funds ever. billion venture capital fund on Wednesday, and it’s one of the largest venture funds ever assembled. NEA's new fund comes in the midst of a contracting, more concentrated venture capital market.

Venture Capital 48

Venture Capital South America Asia North America 48

Inc Startups

JANUARY 11, 2013

As our investors considered committing capital to this acquisition, they would welcome Jerry's perspective on the company, the market, and the strategic opportunity. A Fortune 100 investor outlines what questions he would ask before signing on the dotted line.

Acquisition 58

Acquisition Committed Capital Valuation Partner 58

Marc Andreessen

MARCH 26, 2013

If you bought Facebook stock at its IPO, to realize a similar multiple that Microsoft’s public shareholders have earned, Facebook’s market cap would need to reach nearly $50 trillion, roughly the size of the total market capitalization of all publicly-traded companies in the world. If you are an accredited investor, you can become a limited partner in one of over 400 venture capital firms that invest in such companies.

Accredited Investor 63

Accredited Investor Stock IPO Seed Stage 63

Will Price

APRIL 30, 2007

Today, the NVCA released venture capital returns performance data through year-end 2006. The key question is whether the current structural reality - i.e. # of funds, amount of committed capital - of the venture industry will support like returns over the next 10-20 years.

Reputation 52

Reputation Committed Capital Limited Partner Equity 52

ithacaVC

MAY 10, 2011

First, VCs get capital commitments from limited partners (i.e., That means that it has capital commitments from investors of $100mm. Capital is called when needed for investment, fund expenses or management fee. And, VC1 does not reinvest capital returned (with very few limited exceptions) – VCs are not hedge funds! All capital returned from investment gets paid out. Importantly, GP1 will have also committed investment capital to VC1.

Carried Interest 42

Carried Interest Ratchet Limited Partner Due Diligence 42

Tim Keane

DECEMBER 30, 2009

 Get others committed to your enterprise on the team with you.   Reduce donor risk and raise effectiveness of committed capital.  Get others committed to your enterprise on the team with you.   Reduce donor risk and raise effectiveness of committed capital. Angel Capital Association website. Startups and angels: Along the way to success. By Tim Keane, Angel Investor, Golden Angels Investors, LLC. Archives. Profile.

Wisconsin 40

Wisconsin Milwaukee Bootstrapping Angel Investor 40

Austin Startup

AUGUST 18, 2017

By Tushar Jain Traditional venture capital firms typically invest in the equity of young, fast-growing, technology startups. Each individual investment is risky: 75% of venture-backed companies fail to return invested capital to their investors. This strategy of portfolio composition is known as “venture capital economics”. Limited partners, who commit capital to venture funds, have to commit for 7–13 years. funding venture-capital

Venture Capital 21

Venture Capital Portfolio Committed Capital Limited Partner 21

ArcticStartup

APRIL 10, 2013

Sunstone Capital has now added Max Niederhofer as a partner in its Copenhagen office, after leaving his position as Vice President in Accel Partners'' London office. At Sunstone, we are building Europe’s premier, early-stage, West Coast-style venture capital firm. Today they manage around €700 million in committed capital, and raised their last €85 million fund in December of 2011.

Early Stage 12

Early Stage Europe United States Committed Capital 12

ArcticStartup

DECEMBER 1, 2010

In addition to the VC's original fund founded in 2006, this makes Via Venture Partners one of the largest VCs in the Nordic region with a total of EUR 268 million of committed capital. Via Venture Partners has announced (PDF) raising of a new fund.

Denmark 16

Denmark Norway Early Stage Sweden 16

Lightspeed

OCTOBER 30, 2009

Lightspeed is a leading global venture capital firm with over $2 billion of committed capital under management. gaming Internet mmorpg myspace Search social games social gaming social media social networks start-up startup startups user generated content VC Venture Capital viral viral marketing virtual goods virtual worlds web 2.0

Silicon Valley 19

Silicon Valley Viral Widget Israel 19

ArcticStartup

APRIL 28, 2010

HealthCap is one of the largest specialized providers of venture capital within life sciences in Europe with committed capital exceeding € 800 million.

Committed Capital 20

Committed Capital Early Stage Europe Venture Capital 20

Lightspeed

SEPTEMBER 23, 2009

Lightspeed is a leading global venture capital firm with over $2 billion of committed capital under management. gaming Internet mmorpg myspace Search social games social gaming social media social networks start-up startup startups user generated content VC Venture Capital viral viral marketing virtual goods virtual worlds web 2.0

Silicon Valley 19

Silicon Valley Viral Widget Israel 19

Lightspeed

SEPTEMBER 23, 2009

Lightspeed is a leading global venture capital firm with over $2 billion of committed capital under management. gaming Internet mmorpg myspace Search social games social gaming social media social networks start-up startup startups user generated content VC Venture Capital viral viral marketing virtual goods virtual worlds web 2.0

Silicon Valley 19

Silicon Valley Viral Widget Israel 19

Lightspeed

JUNE 17, 2009

Lightspeed is a leading global venture capital firm with over $2 billion of committed capital under management. gaming Internet mmorpg myspace Search social games social gaming social media social networks start-up startup startups user generated content VC Venture Capital viral viral marketing virtual goods virtual worlds web 2.0

eCommerce 19

eCommerce Silicon Valley Viral Widget 19

Dshen

OCTOBER 21, 2010

In the world of the so-called lean startup and capital efficiency, everyone talks about finding a startup that only requires one round of financing, then gets to breakeven and profitability without requiring more rounds of financing. If you invest only in the first round as an angel investing strategy, then you must try for the lowest pre-valuation and hope for capital efficiency so that an exit can happen without further rounds of funding. The Web and the World of Business.

Dilution 40

Dilution Angel Investor Lean Finance 40

Lightspeed

APRIL 30, 2009

Lightspeed is a leading global venture capital firm with over $2 billion of committed capital under management. gaming Internet mmorpg myspace Search social games social gaming social media social networks start-up startup startups user generated content VC Venture Capital viral viral marketing virtual goods virtual worlds web 2.0

Metrics 19

Metrics Silicon Valley Viral Widget 19

Lightspeed

AUGUST 30, 2009

Lightspeed is a leading global venture capital firm with over $2 billion of committed capital under management. Home About Lightspeed Team jump to navigation $2.5bn market size estimated for virtual goods in the US by 2013 August 30, 2009 Posted by jeremyliew in virtual goods.

Social Network 24

Social Network Pay to Play Silicon Valley Viral 24

The Startup Lawyer

JANUARY 6, 2011

We’re a small fund with $30M of committed capital, so we focus on Seed and Series A opportunities. I get it, but that’s not a logical investment thesis for us to deploy capital against. Venture Capital AOL Ventures corporate VC startupI had the chance to chat with Mike Brown Jr., Founder and Partner at AOL Ventures , a few weeks ago.

LP 40

LP Early Stage Balance Sheet Later Stage 40

Lightspeed

OCTOBER 8, 2009

Lightspeed is a leading global venture capital firm with over $2 billion of committed capital under management. gaming Internet mmorpg myspace Search social games social gaming social media social networks start-up startup startups user generated content VC Venture Capital viral viral marketing virtual goods virtual worlds web 2.0

Silicon Valley 19

Silicon Valley Viral Widget Israel 19

Lightspeed

AUGUST 10, 2009

Lightspeed is a leading global venture capital firm with over $2 billion of committed capital under management. gaming Internet mmorpg myspace Search social games social gaming social media social networks start-up startup startups user generated content VC Venture Capital viral viral marketing virtual goods virtual worlds web 2.0

Social Media 19

Social Media Silicon Valley Viral Widget 19

Lightspeed

JUNE 19, 2009

Lightspeed is a leading global venture capital firm with over $2 billion of committed capital under management. gaming Internet mmorpg myspace Search social games social gaming social media social networks start-up startup startups user generated content VC Venture Capital viral viral marketing virtual goods virtual worlds web 2.0

CPA 19

CPA Silicon Valley Viral Widget 19

Lightspeed

JUNE 16, 2009

Lightspeed is a leading global venture capital firm with over $2 billion of committed capital under management. gaming Internet mmorpg myspace Search social games social gaming social media social networks start-up startup startups user generated content VC Venture Capital viral viral marketing virtual goods virtual worlds web 2.0 Home About Lightspeed Team jump to navigation Who buys extended warranties? Poor people.

Silicon Valley 19

Silicon Valley Viral Widget Israel 19

Lightspeed

MAY 21, 2009

Lightspeed is a leading global venture capital firm with over $2 billion of committed capital under management. gaming Internet mmorpg myspace Search social games social gaming social media social networks start-up startup startups user generated content VC Venture Capital viral viral marketing virtual goods virtual worlds web 2.0

Silicon Valley 19

Silicon Valley Viral Widget Israel 19

Lightspeed

FEBRUARY 16, 2011

Lightspeed is a leading global venture capital firm with over $2 billion of committed capital under management. gaming Internet mmorpg myspace Search social games social gaming social media social networks start-up startup startups user generated content VC Venture Capital viral viral marketing virtual goods virtual worlds web 2.0

Wyoming 15

Wyoming North Dakota Campaign Silicon Valley 15

Lightspeed

APRIL 15, 2009

Lightspeed is a leading global venture capital firm with over $2 billion of committed capital under management. gaming Internet mmorpg myspace Search social games social gaming social media social networks start-up startup startups user generated content VC Venture Capital viral viral marketing virtual goods virtual worlds web 2.0 Home About Lightspeed Team jump to navigation Best practices in contextual and performance advertising in social networks.

Advertising 19

Advertising Social Network Silicon Valley Viral 19

Lightspeed

MARCH 31, 2009

Lightspeed is a leading global venture capital firm with over $2 billion of committed capital under management. gaming Internet mmorpg myspace Search social games social gaming social media social networks start-up startup startups user generated content VC Venture Capital viral viral marketing virtual goods virtual worlds web 2.0 Home About Lightspeed Team jump to navigation Flash in the Datacenter? March 31, 2009 Posted by Barry Eggers in flash , Uncategorized.

Flash 19

Flash Silicon Valley Viral Widget 19

Lightspeed

MARCH 29, 2009

Lightspeed is a leading global venture capital firm with over $2 billion of committed capital under management. gaming Internet mmorpg myspace Search social games social gaming social media social networks start-up startup startups user generated content VC Venture Capital viral viral marketing virtual goods virtual worlds web 2.0 Home About Lightspeed Team jump to navigation Myspace suspending some categories of performance advertising?

Advertising 19

Advertising Silicon Valley Viral Widget 19

Lightspeed

MARCH 28, 2009

Lightspeed is a leading global venture capital firm with over $2 billion of committed capital under management. gaming Internet mmorpg myspace Search social games social gaming social media social networks start-up startup startups user generated content VC Venture Capital viral viral marketing virtual goods virtual worlds web 2.0

Silicon Valley 19

Silicon Valley Viral Widget Israel 19

Lightspeed

JULY 13, 2010

Lightspeed is a leading global venture capital firm with over $2 billion of committed capital under management. Home About Lightspeed Team jump to navigation Congrats to Living Social for launching 25 new cities today! July 13, 2010 Posted by jeremyliew in living social , local.

Silicon Valley 15

Silicon Valley Viral Widget Israel 15