article thumbnail

What Do LPs Think of the Venture Capital Markets for 2016?

Both Sides of the Table

At the Upfront Summit in early February, we had a chance to have many off-the-record conversations with Limited Partners (LPs) who fund Venture Capital (VC) funds about their views of the market. However, they have been sending VCs far more investment checks in the last ten years than they’ve gotten back as distributions.

article thumbnail

State of VC 2.0

View from Seed

This post is inspired by some of the earliest conversations I have had with the team here at NextView and since the beginning of my VC journey. So, four years later, DPI is still trying to catch up with TVPI from 2017. Early-stage valuations are up 70%, and late-stage valuations are up 103% (source Pitchbook ).

Valuation 319
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

State of VC 2.0

View from Seed

This post is inspired by some of the earliest conversations I have had with the team here at NextView and since the beginning of my VC journey. So, four years later, DPI is still trying to catch up with TVPI from 2017. Early-stage valuations are up 70%, and late-stage valuations are up 103% (source Pitchbook ).

Valuation 295
article thumbnail

State of VC 2.0

View from Seed

This post is inspired by some of the earliest conversations I have had with the team here at NextView and since the beginning of my VC journey. So, four years later, DPI is still trying to catch up with TVPI from 2017. Early-stage valuations are up 70%, and late-stage valuations are up 103% (source Pitchbook ).

Valuation 156
article thumbnail

Money. show me! If you want to change Venture Capital, focus on LPs. #openlp

This is going to be BIG.

As a former institutional investor, one of the stats we focused on was carry distribution. Lots of the data is skewed toward later stage rounds and I’ve never ever seen stats on who is pitching. If up and comers who were doing the hustling had the right incentives, firms could successfully last for multiple generations.

article thumbnail

How to Talk About Valuation When a VC Asks

Both Sides of the Table

Many VCs will have a distribution curve where they’ll do a small number of early-stage deals (say $1.5–3 3 million invested at a $6–10m pre-money), a larger number of “down the fairway” deals ($4–5 million at a $15–25 million pre) and a few later-stage deals (say $8–10 million at a $30–40 million pre).Of

Valuation 324
article thumbnail

This Week in VC with Rick Smith of Crosscut Ventures

Both Sides of the Table

Can you please expand on your post about distributed teams? It was a verbal discussion on my post on distributed teams. - Convertible debt is a loan to the company that doesn’t typically get paid back but rather “converts&# into equity when you raise a larger round at a later date. Great exit. - Don’t.