Both Sides of the Table

FEBRUARY 25, 2019

Here are some observations I have from this exposure: If a company moves from strength-to-strength with predictable outcomes, easy financings, low staff turn-over, limited competitive threats then the composition of the board probably doesn’t matter as much. As an investor board member I see this as my immediate goal, too.

LP 269

LP Startup Burn Rate Stock Options 269

Both Sides of the Table

NOVEMBER 9, 2014

Generally speaking in venture capital financings the legal documents will specify that only “major investors” (a threshold set in the agreement – which can be $500,000 investor or more). How party rounds can burn you if it takes time to find your groove. There is a reason for this.

SEC 352

SEC Venture Capital Early Stage Cofounder 352

Eric Friedman

AUGUST 18, 2021

He is also co-founder and Managing Partner of Deciens Capital, an early stage investment fund. As many of your listeners may know, there was an incredible piece published by a gentleman from Founders Fund, discussing Tiger [Global Management] and how they’re focused on the speed and scale business. On Sushi and VC.

Silicon Valley 88

Silicon Valley Venture Capital Cofounder Africa 88

Both Sides of the Table

FEBRUARY 6, 2017

With nearly 2/3rd of all VCs citing cost-cutting in 2016 as the norm — this is a clear indication that winter made an appearance. In case you’re keeping score at home — that’s approximately the size of 65 US seed-stage funds managed by one company. Baidu alone raised $3.2 or Walmart buying Jet for $3 billion.

Venture Capital 150

Venture Capital Saudi Arabia Kuwait Burn Rate 150

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). I was talking with an entrepreneur recently about this phenomenon.

LP 178

LP Balance Sheet Differentiation Limited Partner 178

Both Sides of the Table

MAY 23, 2010

Often when startups who have raised venture capital need another round of financing they will turn to their existing investors to give them money before raising from outsiders. a loan) that is later converted to equity at the time of the next financing. It starts as a debt instrument (e.g.

Startup 290

Startup Burn Rate Warrant Bankruptcy 290

Growthink Blog

MAY 23, 2011

The typical wisdom regarding the appropriate financing course for a new company goes as follows: 1. This venture capital financing - usually between $3 and $10 million - is the first of a number of rounds of outside investment over a period of three to five years. There are a lot of dark, hard days.

Angel Investor 112

Angel Investor Venture Capital Sweat Equity Cram Down 112

Both Sides of the Table

OCTOBER 1, 2009

You can’t get paid for sitting on the sidelines – I always tell people that when recessions start managers in large companies get rewarded for cutting costs. The more Machiavellian the manager is the quicker he/she rises. When you start to visualize your own portfolio exits your checkbook becomes more available for new deals.

IPO 255

IPO Investment Bankers Venture Capital Marketing 255

finance.fortune.cnn.com

AUGUST 21, 2012

Now Fortune has obtained more granular data, including returns for dotcom-era funds managed by such firms as Accel Partners, Benchmark Capital, General Catalyst Partners and Lightspeed Venture Partners. Through 12/31/11, less than 66% of the fund-of-funds called capital had been returned to limited partners.

Naming 49

Naming Term Sheet Private Equity Equity 49

www.paulgraham.com

APRIL 28, 2010

My relationship with my cofounder went from just being friends to seeing each other all the time, fretting over the finances and cleaning up shit. Even good products can be blocked by switchingor integration costs: Getting people to use a new service is incredibly difficult. Theres very little focus on the cost of customer acquisition.

Technical Cofounder 110

Technical Cofounder Startup Cofounder Founder 110

Austin Startup

MARCH 7, 2021

At the same time, early-stage companies are thinking beyond the high prices of Silicon Valley to put down roots and find financing and growth partners. While Houston may have the most endowments and pension funds, when looking at the top five by assets under management, three are based in Austin?—?the Austin Ventures.

Texas 90

Texas San Antonio Houston Dallas 90

abovethecrowd.com

APRIL 20, 2016

Why the Unicorn Financing Market Just Became Dangerous…For All Involved. All Unicorn participants — founders, company employees, venture investors and their limited partners (LPs) — are seeing their fortunes put at risk from the very nature of the Unicorn phenomenon itself. Anxiety slowly crept into everyone’s world.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

Seeing Both Sides

JANUARY 27, 2009

The book has very relevant implications for venture capitalists and entrepreneurs, particularly in today’s environment, as VCs are likely to allow irrational behavior to seep into their portfolio management decisions in the coming years. Without any malice, portfolio “cover ups” will be common throughout 2009 and 2010.

Portfolio 20

Portfolio Valuation Limited Partner Cloud 20