Austin Startup

AUGUST 10, 2017

Cryptoassets have fixed supplies; therefore increases in demand drive up prices. They helped us establish 2 GP entities, 2 LP entities, and 1 Cayman entity (for international investors) in ~2 months. Our investment thesis is simple: Blockchains will impact trillions of dollars of economic activity across many industries globally.

Technical Review 48

Technical Review Cofounder Technical Cofounder Austin 48

David Teten

JANUARY 19, 2021

From RBI, Flexible VCs borrow the ability to reap meaningful returns without demanding founders build for an exit. Marco Cesare Solinas , VC Analyst with Blue Future Partners , said, “ From the LP perspective, another disadvantage is the lack of track record given the early stage of the concept. Short track record.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

The Equity Kicker

NOVEMBER 26, 2013

LPs, the investors in VC funds, have a difficult job to do, largely because they have to work with poor quality data and only a small fraction of VCs deliver the returns that make them worth investing in. Discipline also helps to keeps a venture fund’s loss ratio low which is important as they are ultimately stewards of LP investment funding.”

LP 154

LP Venture Capital Portfolio Reputation 154

Both Sides of the Table

APRIL 21, 2020

Other companies have only seen a slight decline and may be expecting demand to return to normalcy later in the year. The reality is that when unemployment sinks in demand is likely to get worse. Harry asked me whether I thought LP “defaults” (not funding the VC commitments it made) would go up. That may happen. But I doubt it.

Marketing 263

Marketing Valuation Churn Rate Balance Sheet 263

David Teten

SEPTEMBER 23, 2017

Jaime Hildreth, Managing Director of GP and LP Strategies at Ipreo , informed us that 97% of Ipreo’s GP clients report that data requests from LP’s have increased over the past two years. Yet, according to my own surveys, a majority of private capital funds (including funds that specialize in fintech!)

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

YoungUpstarts

NOVEMBER 18, 2018

Staying ahead of market trends in your industry, and forecasting what will be in demand in the coming five to ten years is a non-negotiable skill. The questions below will establish patent viability: Does my idea meet a specific demand? and Alarmforce LP, SkyBell Technologies, In August Home Inc.,

Intellectual Property 157

Intellectual Property Forecast LLC Acquisition 157

K9 Ventures

AUGUST 14, 2017

It was a conscious decision to maintain the fund size at the same level, despite both market pressure (larger rounds at earlier stages) and demand pressure (lots of LP money entering the stage) to raise a larger fund. K9’s last fund, K9 Ventures II, L.P., was a $40M fund. And yes, I’m presently 42.

Technology 96

Technology LP San Francisco Portfolio 96

Babbling VC

NOVEMBER 3, 2013

Since you are no longer so in demand, you can actually walk the floor, talk to people, sit and get some emails done and so forth. LP''s.what''s that? It used to be hundreds, maybe even a thousand a year. Now, I''m down to two or three a week (see the irony.why am I still receiving business plans?). You have more time at events!

LP 99

LP Portfolio Business Plan Demand 99

Hunter Walker

MAY 18, 2015

We triangulate with investors, entrepreneurs and large company operators to assess probability of success and ability to attract in-demand entrepreneurs. We spend a lot of time understanding the talent proposition and the investment strategy.

LP 48

LP Portfolio Early Stage Institutional Investors 48

David Teten

DECEMBER 3, 2019

Tim Friedman, Founder, PE Stack , said, “If I could offer one piece of advice to today’s managers, it would be to take the time to understand the demands of the modern institutional LP. We are also seeing technology evaluation as an increasingly important part of LP operational due diligence. 3) Raise capital.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Seeing Both Sides

SEPTEMBER 26, 2010

During most periods, there has been a supply and demand imbalance that favors the VCs. But the VCs, and in turn their LPs, are left holding an illiquid bag. If you find yourself in a market transaction and don’t know for sure that you are the wolf, then, sadly, you are the sheep.

IRR 36

IRR IPO Entrepreneur LP 36

David Teten

SEPTEMBER 2, 2017

So I would start by sharing with the fund an institutional LP due diligence checklist , and ask them to share their data room with you. If you are one of six in the LP relationship area, you will have less leverage than if you are a new hire with the only European LP relationships.

Private Equity 60

Private Equity Venture Capital Equity Partner 60

This is going to be BIG.

JUNE 10, 2016

I'm very conscious of not demanding too much time from my founders with LP references, so I've asked a few of them at a time to join a group call. Look, we can't solve every one of your problems as an investor, but it's helpful to know who's really engaged and trying versus just spraying and praying with some option bets.

Cap Table 60

Cap Table Limited Partner LP Reputation 60

David Teten

APRIL 13, 2021

LPs tend to assume that the highest-quality managers have all the demand they can handle. Thus, many LPs have outsourced their investment management processes to professional investment consultants (ICs). Here lies the two degrees of separation: the agent must get to the IC, who in turn must get to the LP.

Private Equity 60

Private Equity Technical Review Management LP 60

The Equity Kicker

JULY 8, 2019

Moreover, most LPs are wary of larger than average management fees, fearing that the extra money won’t be deployed in a way that improves returns, and in particular that the Partners at the funds will simply use the money to increase their drawings. . The GP-LP structure used by most funds is a brake on innovation here too.

Portfolio 84

Portfolio LP Venture Capital Partner 84

Austin Startup

JULY 23, 2010

It’s always good to go public on the back of a solid growth trend, and venture investors from the early days want to close out their 2000 – 2002 era funds by liquidating their holdings and completing their obligations to their limited partners (LP’s). CrunchBase Information.

Balance Sheet 67

Balance Sheet Private Equity LP IPO 67

David Teten

JANUARY 21, 2021

Prasanna Krishnamoorthy, Managing Partner, Upekkha Value SaaS Accelerator, said, “We are the first fund which combines an Angel List rolling fund structure for making LP access widely available, while using the variable VC model of giving founders the option to buy back their equity at a later stage, ensuring founder optionality.

Equity 78

Equity Revenue Cofounder Colorado 78

Pascal's View

MARCH 8, 2010

The Act provides for a specific list of information that LPs are entitled to, and funds historically disclose that same information to their LPs—the top law firms in Silicon Valley model their LP agreement forms to be pretty consistent with Delaware law. entitled to receive from a VC fund? Share and Enjoy:

Limited Partner 28

Limited Partner Government Delaware LP 28

View from Seed

OCTOBER 29, 2014

The nature of LP investors can vary widely, but the bulk of the capital in the VC ecosystem comes from large institutions like pension funds, endowments of universities and hospitals, charitable foundations, insurance companies, very wealthy families (aka family offices), and corporations. Advisory Firms. Why Write About This Now?

LP 335

LP Private Equity Institutional Investors Venture Capital 335

K9 Ventures

OCTOBER 10, 2017

The first time I used the words “pre-seed” (yes, the initial use was in all lower-case, but then became upper-case over time) was on June 27, 2013, at the K9 Ventures LP Meeting. Where did the term Pre-Seed come from? Here are the two relevant slides from that meeting. They talk about how deal sizes and stages were changing even back then.

Seed Stage 82

Seed Stage Finance Later Stage Equity 82

Agile VC

OCTOBER 29, 2014

The nature of LP investors can vary widely, but the bulk of the capital in the VC ecosystem comes from large institutions like pension funds, endowments of universities and hospitals, charitable foundations, insurance companies, very wealthy families (aka family offices), and corporations. Advisory Firms.

Venture Capital 279

Venture Capital LP Private Equity Institutional Investors 279

VC Cafe

APRIL 29, 2020

Source: NVCA , “Startup Ecosystem Faces Capital Crunch over Coming Months” USA – SBA Loans and PPP.

SBA 124

SBA Technical Review Startup 124

Agile VC

JULY 24, 2013

I was having breakfast this morning from someone I know from the LP world. We were talking about what’s “working” in the broader VC ecosystem and this person expressed their enthusiasm that today there are a range of different models that are producing attractive returns for LPs.

Valuation 200

Valuation Early Stage Distribution LP 200

This is going to be BIG.

JANUARY 3, 2021

I also created groupings based on the basic demands of my job. An LP call that can only be scheduled at a certain time otherwise meant for a particular project means that project needs to go somewhere else. Still, that’s not always going to be the case—so it’s important to enforce some kind of time swapping.

Management 120

Management Portfolio LP Social Media 120

Both Sides of the Table

JANUARY 16, 2012

GroupOn, Living Social, AdMeld, Gilt Group, Demand Media, ShoeDazzle, Tumblr, FourSquare, etc. I once had an LP tell me that when Sequoia fund raises they place the first call and say “we’re closing in 6 weeks – you need to decide quickly if you want an allocation.” But of course that’s horse puckey.

Developer 366

Developer Silicon Valley PR Las Vegas 366

www.quora.com

SEPTEMBER 22, 2011

1 vote by Elad Gil It's a risk/reward, supply/demand power equilibrium. They are not even investing with their own money, but with their LP's money. Update Link to Questions, Topics and People Add Find Questions, Topics or People Comment Joshua Seims , ?_? I'm always su. more) Sign up for free to read the full text.

Equity 40

Equity Employee Founder Cofounder 40

abovethecrowd.com

APRIL 20, 2016

One response from the LP community might be to demand commitments from new funds that prohibit inside-led rounds and cross-fund investing. If you over-fund the industry, aggregate returns fall. Writing huge checks to bloated multibillion dollar VC funds could easily exacerbate the problems that already exist.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

Seeing Both Sides

MARCH 14, 2016

LA: AirPush, Auction.com, Cornerstone on Demand, Dollar Shave Club, Honest Company, JustFab, Network of One, OpenX, Ring, Riot Games, Rubicon Project, SnapChat, SpaceX, Telesign, Tinder/Match.com, TrueCar, Zefr, ZestFinance , ZipRecruiter.

LP 20

LP Startup DC 20

Seeing Both Sides

MARCH 14, 2016

LA: Cornerstone on Demand, Honest Company, Network of One, OpenX, Rubicon Project, SnapChat, TrueCar, Zefr, ZestFinance. Public: Atlassian, Box, Castlight Health, FireEye, Fitbit, Horton Works, Lending Club, LinkedIn, New Relic, Palo Alto Networks, ServiceNow, Splunk, Square, Tableau, Tesla, Twitter, Workday, Yelp, Zendesk.

LP 20

LP Startup DC 20

Both Sides of the Table

MARCH 6, 2017

Chang Xu for her tireless effort in helping me prepare and analyze the data) If you met with LPs to raise a fund in 2009–2012 the most common refrain was, “We have too many managers and too many dollars in venture. We’re trying to limit our exposure.” That has changed dramatically in the past five years.

LP 286

LP Silicon Valley Venture Capital Startup 286

Startup Lessons Learned

MAY 4, 2021

But basically from that moment, we struggled to keep up with the demand as opposed to trying to create more demand. Due to their bylaws and LP agreements and things, they can only hold public securities, like in the traditional sense. And that was the moment where we found product market fit.

IPO 113

IPO Cofounder Technical Review Government 113

Hunter Walker

SEPTEMBER 2, 2022

I read them knowing the vast majority are biased narratives with a self-serving purpose — a politician promoting their city, a founder trying to attract exec talent, a VC test driving their new geo-concentrated LP pitch… Honestly, I get annoyed momentarily then just move on. Others can waste cycles debating it.

Chicago 79

Chicago Venture Capital Miami Employee 79

David Teten

NOVEMBER 23, 2020

In light of COVID-19, demand for their safe, contactless technology has boomed. I was previously a Partner at two different VC firms, neither of which had any contractual LP mandate to invest in diverse companies. – Starship Technologies sells an autonomous robot-powered local delivery service.

Venture Capital 60

Venture Capital Partner Technical Review Cofounder 60