Both Sides of the Table

JULY 23, 2014

At the other end of the spectrum large funds have gotten even larger in the past few years which has massively increased the amount of consolidation in our industry as 66% of LP money into venture is now concentrated in late-stage or full-cycle VCs. From a technology perspective our journey is nowhere near over. Why is this?

Technical Review 398

Technical Review Venture Capital Valuation Pre-Money Valuation 398

David Teten

JANUARY 19, 2021

Yes, via conversion rights at a valuation cap. Yes, via conversion rights at a valuation cap. As a result, unfounded hockey-stick graphs and unicorn promises give way to financial fluency, realistic expectations, frank conversations about what a business can credibly achieve, and transparency. . Technology-centric businesses.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Austin Startup

AUGUST 10, 2017

We provide 3 forms of value for investors: 1) Primary research — we take a technology-first approach to crypto. We dive deep into white papers, review technology, economics, game theory, etc. We’re incredibly fortunate for a chance to participate in what’s going to be one of the defining technological transitions of our lifetimes.

Technical Review 48

Technical Review Cofounder Technical Cofounder Austin 48

Both Sides of the Table

JANUARY 5, 2010

Through comment conversations with many of you I tried to emphasize that it isn’t enough to just have one attribute. If your idea is so amazing that it warrants my hard-earned angel money or the money of my LP investors from our fund then why should I take a risk on you if you won’t take a risk on yourself? You need the whole package.

Entrepreneur 293

Entrepreneur CTO Hire South America Salary 293

Hunter Walker

JANUARY 5, 2014

” If you’re in the technology industry you can probably answer but as I discovered this holiday season, most of my extended family and childhood friends were a bit fuzzier on the concept. Now I get to experience these moments not as an entrepreneur, technology executive or angel, but as a professional investor.

Software Review 102

Software Review Balance Sheet Cofounder Technical Review 102

David Teten

DECEMBER 3, 2019

When I met my now-wife, I realized that any technology that can find me a spouse is a killer app. I’d argue that the same type of technologies that have revolutionized dating can revolutionize our industry. . I walk through below how progressive investors are using technology and analytics throughout all of their operations.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Both Sides of the Table

FEBRUARY 4, 2016

” There are a lot of data points that one can observer to get a sense of the venture capital markets – both LP fundings into venture and VC financings of startups. note: to follow realtime conversations & engage with me on Facebook you can follow me here: https://www.facebook.com/msuster ]. State of the Market.

LP 150

LP Valuation Burn Rate Pre-Money Valuation 150

Haystack

JUNE 1, 2018

” Depending on your point of view, it is the perfect trigger for a conversation about the state of the Bay Area’s investment market. A well-networked LP recently remarked to me they’ve estimated over 150+ of the 500+ known seed funds are currently “in market” right now.

LP 116

LP Global Social Media Portfolio 116

Both Sides of the Table

MAY 27, 2016

I was asked again in an LP meeting later in the week and then again at a founder breakfast gathering we hosted yesterday. At heart I’m still a tech nerd from childhood and I love to see how technology is changing business and society. During the Q&A I was asked about how I make investment decisions in early-stage businesses.

Early Stage 254

Early Stage Non-Compete LP Later Stage 254

Feld Thoughts

APRIL 10, 2014

Venture funding goes ballistic: VCJ : Some people are starting to call the top of the current cycle, at least in the context of flows of LP funds into VC firms. We had our LP Annual Meeting yesterday and I had a vibrant conversation with a few of our LPs about this topic at lunch. Technology daily news tech'

LP 126

LP Denver Colorado Government 126

Both Sides of the Table

APRIL 21, 2020

Food production and distribution, group collaboration, remote training or education, sensor technology (tracking people movement, temperatures, etc), certain biotech deals. Harry asked me whether I thought LP “defaults” (not funding the VC commitments it made) would go up.

Marketing 263

Marketing Valuation Churn Rate Balance Sheet 263

Both Sides of the Table

FEBRUARY 6, 2017

WINTER For starters when we conducted our annual VC & LP survey in December of 2016 to prepare our annual Upfront State of the VC Industry report we found that twice as many VCs cut their investments in 2016 relative to 2015 with > 30% of VCs having cut investments. Unless of course something Trump’s our good weather.

Venture Capital 150

Venture Capital Saudi Arabia Kuwait Burn Rate 150

Feld Thoughts

MARCH 20, 2019

Since then, I’ve been a founder of a number of companies, a CTO of a public company that acquired my first company, an angel investor, a VC in two different firms that I helped start, and an LP in a bunch of VC firms. I was president of my first company (Feld Technologies). My partner Dave was vice president.

LP 108

LP Angel Investor Cofounder Leadership 108

David Teten

JANUARY 23, 2021

For example, one LP told me she prefers customized emails from fund principals, as opposed to a bulk-mailed quarterly update. See How Emerging Venture Capital Fund Managers Should Think About Their LP Fundraising Strategies. Use online networks to more efficiently identify the right potential LPs.

Private Equity 78

Private Equity Venture Capital Technical Review Software Review 78

Austin Startup

DECEMBER 12, 2017

Cindy Revol, Joe Beard and Anurag Jain from Perot Jain, LP We received a warm welcome from Trey Bowles when we first came to Dallas and there have been many others who have opened their arms to us since. Perot Jain, LP is an early stage venture capital firm founded by Ross Perot Jr. Ross Perot, Jr., About Perot Jain, L.P.

Dallas 48

Dallas San Antonio Houston Texas 48

Both Sides of the Table

MARCH 6, 2017

He was running to be the 42nd mayor of Los Angeles and he outlined his vision to “open up the city government to technology and innovation” if he were elected. He wanted to bring the same level of technology focus and energy that Mayor Bloomberg had brought to New York City. link] The Snap IPO Happened. What Next LA?

IPO 191

IPO Los Angeles South Korea Armenia 191

Both Sides of the Table

MAY 24, 2021

LPs Haven’t Yet Grokked the Long Game While the VC community realized 5ish years ago that short-termism in venture capital didn’t make sense and has capitalized on the scale advantages of letting companies go long, the LP community by and large hasn’t totally grokked this. And the fifth?—?society?—?also

Venture Capital 363

Venture Capital LP Valuation Later Stage 363

This is going to be BIG.

JANUARY 12, 2011

I’m sure there are a lot of product people that would like to be a fly on the wall for that conversation. I know Theresia back from when I was at the GM pension fund and we were an LP. The process is extremely insightful—not only to hear how your team is pitching, but to hear, first hand, customer objections as well.

LP 108

LP New York Sales Web 108

David Teten

AUGUST 21, 2019

This includes the application process, phone calls with us, conversations with co-founders, investors and counsel, etc. Borchers points out: “Only 50% of our investment activity involves technology-based businesses. not because of LP objections or moral concerns, but because the pool of potential M&A buyers is greatly limited.

Revenue 60

Revenue Liquidation Preference Equity Cofounder 60

Both Sides of the Table

SEPTEMBER 14, 2016

And we felt terrible not being able to let every LP in but we were forced to make some hard compromises yet we opened up our fund to Sapphire even though they were a first time LP. We have many LPs who come from industry and this is truly a value-add in a LP/VC relationship 3. Read the responses to this story on Medium.

LP 150

LP Entrepreneur United States Venture Capital 150

Both Sides of the Table

FEBRUARY 24, 2019

While it’s true that they are investing LP money from a fund, it’s also true that the VCs are required to write large checks into their funds so every time they do a “capital call” (request money from an LP to fund you) they are also having to wire their own money into the deal. VCs most certainly do have skin in the game.

Warrant 187

Warrant LP Cofounder Founder 187

Both Sides of the Table

NOVEMBER 15, 2014

I went to see several LP funds in Boston. At least twice I had conversations that went like this, “Yes. Luckily since then we elected Mayor Eric Garcetti who understands the importance of startups and of technology and venture capital on job creation. So what can a community do? It’s true. Don’t get me wrong.

Community 369

Community Silicon Valley Chicago Boston 369

firstround.com

SEPTEMBER 10, 2013

We know all too well that if we’re right and our technology works, we’ll soon be beholden to a much larger audience as well as all of the pressure and expectations that come with it. ” Constructively critical conversations keep us in the mindset of self-improvement. Choose the right technology.

CTO Hire 52

CTO Hire Engineer Software Review Part-Time VPE 52

K9 Ventures

DECEMBER 10, 2011

No distributed teams, no overseas teams, and definitely no companies that rely on “outsourcing” to build their core technology. Before CardMunch even launched its product, I ran into some folks from LinkedIn at an event and in casual conversation mentioned what CardMunch was trying to do. Again a casual conversation transpired.

Silicon Valley 124

Silicon Valley San Jose Portfolio Cofounder 124

K9 Ventures

DECEMBER 10, 2011

No distributed teams, no overseas teams, and definitely no companies that rely on “outsourcing” to build their core technology. Before CardMunch even launched its product, I ran into some folks from LinkedIn at an event and in casual conversation mentioned what CardMunch was trying to do. Again a casual conversation transpired.

Silicon Valley 112

Silicon Valley San Jose Portfolio Cofounder 112

Start Up Blog

APRIL 29, 2013

The co-commerce era is here and defined by the 3 C’s – Collaboration, Conversations and Creativity. Technology Poverty – Every revolution has its downsides – those who miss out. Technology is bringing about a new form of poverty to those who don’t have equal access to it. A bit like Silicon Valley.

Uruguay 123

Uruguay Technical Review Vertical Las Vegas 123

Startup Lessons Learned

MAY 4, 2021

Just before the IPO, I had a far-reaching conversation with co-founder and CEO Brian Armstrong as he approached this major milestone for the company he co-founded back in 2012. Here's my conversation with Brian Armstrong. We're having this conversation still in the midst of a seemingly never ending pandemic and lockdown.

IPO 113

IPO Cofounder Technical Review Government 113

Both Sides of the Table

MARCH 12, 2017

Recently Upfront Ventures published its outlook for the technology startup world and venture capital overall titled it “ WTF Happened to Winter ?” Below is the full deck with a lot more data and insights and if you missed the recently published LP Survey Results you can find them here.

Venture Capital 277

Venture Capital Artificial Inteligence LP Valuation 277

Both Sides of the Table

MARCH 6, 2017

This is key because in a permanently low-interest-rate environment parking large pools of capital in assets that benefit from interest is not possible so LPs seek “higher yield.” Here is the entire survey, which can also be downloaded and shared. If you need the original keynote slides for any reason — just ask.

LP 286

LP Silicon Valley Venture Capital Startup 286