David Teten

MARCH 14, 2018

My Partners at HOF Capital are younger than I am, which means that we have a half-century horizon for the franchise we are building. I’ve listed them below in *very* roughly descending order of efficiency, measured by increased dollars one can put to work, divided by the operational dollars required to implement each strategy. .

Private Equity 60

Private Equity Venture Capital Equity Cofounder 60

Berkonomics

SEPTEMBER 27, 2018

I’ve been offered $15 million for my company and my partner is suing me for all I am worth. And yes, his partner had a valid suit, having been locked out of the web-design business and denied access to decisions and accounting information. The company made little effort to charge for the software or community. What can I do?”.

Pre-Money Valuation 48

Pre-Money Valuation Sales Liquidity Event Valuation 48

Rob Go

JULY 17, 2014

As former operators and product-oriented entrepreneurs, Dave, Lee, and I tend to think of our firm as a startup company and our approach to investing as our product. We have had a number of companies that have achieved successful liquidity events, including Rentjuice ( acq. Zillow ), Hyperpublic ( acq. Twitter ).

Seed Stage 69

Seed Stage Early Stage Due Diligence Liquidity Event 69

Gust

NOVEMBER 4, 2011

VantagePoint Venture Partners came to the rescue in late 2003 with an infusion of $15 million in capital, adding Andrew Sheehan (now at Sutter Hill Ventures ) and David Carlick (now at Rho Ventures ) to the Board. Intermix had acquired their previous online marketing startup, ResponseBase, and they remained a cohesive group.

Valuation 98

Valuation Pre-Money Valuation Merger Vesting 98

abovethecrowd.com

APRIL 20, 2016

While not obvious on the surface, there has been a fundamental sea-change in the investment community that has made the incremental Unicorn investment a substantially more dangerous and complicated practice. LIMITED PARTNERS (LPS). This is uncharted territory. They are the real capital that make the system work.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

Seeing Both Sides

SEPTEMBER 15, 2015

We selected this benchmark because it reflects the phase in which companies have proven product viability, achieved initial product/market fit, and are now expanding sales and growing more complex operations. One of the key lessons CyberArk learned is to partner with VCs in order to source top talent. Think Bigger.

Cofounder 20

Cofounder Technical Review United States 20

www.vccafe.com

MARCH 11, 2013

Ning Communities. On-line Communities. Mark Suster GRP Partners Advice. Philippe Botteri, Bessemer Venture Partners. Their Partners all come from industry, where each has held senior level executive positions delivering industry-leading products. Google Groups. Forms/Surveys. Google Forms. Survey Monkey.

Software Review 53

Software Review Technical Review Startup 53