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Flexible VC, a New Model for Companies Targeting Profitability

David Teten

From RBI, Flexible VCs borrow the ability to reap meaningful returns without demanding founders build for an exit. Similar to the explosion of seed funds in the past decade, we (and some limited partners too ) believe these Flexible VCs are on the forefront of what will become a major segment of the venture ecosystem.

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VC Governance FAQ: (1) How much information are limited partners (pensions, endowments, foundations, etc.) entitled to receive from a VC fund?

Pascal's View

It’s that time of the year again– time to send out audited financial statements and K-1’s to your limited partners– which means it’s also a great time to address some of the common questions that investors raise about VC partnership governance and disclosure issues.

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Welcome to the Lost Decade (for Entrepreneurs, IPO’s and VC’s)

Steve Blank

VC’s invested their limited partners’ “risk capital” in a portfolio of startups in exchange for illiquid stock. Some of the old-line venture firms have changed their strategy, but some are still locked into last decade’s model while the partners are living off of their management fees and go through cargo cult like rituals.

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Reinventing the Board Meeting – Part 1 of 2

Steve Blank

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. Rather than invent a new form of corporate governance, venture investors adopted the traditional board meeting structure from large corporations. Jonathan Swift. Here’s how.

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Why Board Meetings Suck – Part 1 of 2

Steve Blank

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. Rather than invent a new form of corporate governance, venture investors adopted the traditional board meeting structure from large corporations. Jonathan Swift. Here’s how.

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What's Wrong With Today's Board Meetings: Part 1

ReadWriteStart

As customer and agile development reinvent the startup, it's time to ask why startup board governance has not kept up with the pace of innovation. Rather than invent a new form of corporate governance, venture investors adopted the traditional board meeting structure from large corporations. Because We've Always Done It This Way.

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Building The Machine Podcast Episode 5: Dan Kimerling Deciens Capital

Eric Friedman

One dimension is a pretty firm belief that starting financial services companies should not be as hard as it is, and that there is demand in the market for yet another venture fund focused on functionally day-zero companies in financial services. Dan Kimerling: There are a couple of dimensions.