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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

At our mid-year offsite our partnership at Upfront Ventures was discussing what the future of venture capital and the startup ecosystem looked like. This happens slowly because while public markets trade daily and prices then adjust instantly, private markets don’t get reset until follow-on financing rounds happen which can take 6–24 months.

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6 New Venture Realities To Target Your Funding Effort

Startup Professionals Musings

Entrepreneurs who require funding for their startup have long counted on self-accredited high net worth individuals (“angels”) to fill their needs, after friends and family, and before they qualify for institutional investments (“VCs”). Thus investing in startups should always be approached as a low odds game.

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Revisiting Paul Graham’s “High Resolution” Financing

Both Sides of the Table

When I first read Paul Graham’s blog post on “High Resolution&# Financing I read it as a treatise arguing that convertible notes are better than equity. Either would be fine with startups, so long as they can easily change their valuation. Photo credit: D. Blanchard/O’Reilly Media. When I’m in, I’m in.

Finance 286
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How to Configure Your Startup Team

Both Sides of the Table

Final startup grind from msuster. And the folks at Startup Grind have been kind enough to invite me to present this morning in Mountain View on the topic. it’s the most expensive dilution you’ll ever face. PMs are a vital part of a tech startup. And what your views / tips for early-stage startup teams are.

Cofounder 388
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Who Should be on Your Startup Board?

Both Sides of the Table

If you haven’t raised any money or if you raised a small round from angels or friends & family I would suggest you avoid setting up a formal board unless the people who would join your board are deeply experienced at sitting on startup boards. Well, once people get on boards it’s pretty tough ego-wise to convince them to step off.

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One of the Biggest Mistakes Enterprise Startups Make

Both Sides of the Table

The era of VCs investing in successful consumer Internet startups such as eBay led to a belief system that seemed to permeate many enterprise software startups that hiring sales or implementation people was a bad thing. If you’re an early-stage enterprise startup services revenue is exactly what you need. We like software.

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Why LP’s Passed on Seed Funds 10 Years Ago (And What’s Happened Since)

View from Seed

What has happened is that over the last 10 years, the vast majority of successful startups have raised some sort of a seed round prior to a series A. And yes, a seed fund may have a tougher time holding on to their ownership down the road, and thus get diluted down. Both factors will hurt your ownership relative to fund size.

Dilution 399