Both Sides of the Table

MAY 25, 2013

As you can see from the chart their data suggests there are about $25 billion of VC distributions per year in the US. But as an LP you can’t count on that any more than VCs can. The goal of an LP is to get into the top decile. In 2000 our industry had more than $100 billion in LP money. Take for example Accel.

LP 374

LP Later Stage IRR Term Sheet 374

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

David Teten

JANUARY 19, 2021

Flexible VC creates early liquidity which can be either reinvested or distributed to LPs. 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. Early liquidity. Equity VC is a “get rich slow” business.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

View from Seed

DECEMBER 11, 2019

Venture is a field with a power-law distribution of outcomes. So the most productive Partners in the current day often don’t get rewarded relative to their present contribution. As a result, paper markups are weak and temporary signals of feedback, at best. VC performance signal-to-noise-ratio is low.

Venture Capital 204

Venture Capital Cap Table Partner LP 204

Hunter Walker

MAY 18, 2015

They provide assistance to Californians in building a vibrant, successful and inclusive society, distributing more than $1.5b While there has been meaningful growth in the number of early stage venture funds, very few are able to provide meaningful operational and product guidance. in nonprofit grants to that extent.

LP 48

LP Portfolio Early Stage Institutional Investors 48

David Teten

DECEMBER 3, 2019

Automation allows you to spend less time on tedious tasks and will help boost productivity, especially within a small marketing team. 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.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

David Teten

DECEMBER 12, 2017

VCs are at the forefront of technological disruption, funding many of the latest cutting edge productivity tools. In addition to off-the-shelf products, many VCs talk about their own proprietary systems. (written by Philipp von dem Knesebeck , Managing Partner, Blue Future Partners (bluefp.com, @bluefutureteam ), and David Teten ).

Early Stage 60

Early Stage Technical Review Software Review Venture Capital 60

Both Sides of the Table

JUNE 29, 2011

The LP Community Hasn’t Yet Caught Up. As I’ve started to get to know the other side of the VC industry lately (the people who invest in VC funds or “LPs&# ) one thing has occurred to me. My best guess is that new LP funds will be set up in the future to service Micro VCs. I think some will do this.

Venture Capital 296

Venture Capital Software LP Early Stage 296

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

Austin Startup

JUNE 26, 2019

If you’re a founder/product manager/business owner, I encourage you to find that out! By the by, women donors, I recommend diversifying some of your capital distributions to reap that ROI to keep doing good… (+ this is a whole ‘nother blog post…) Undeterred. that a sub-par product/execution is very likely to win the market.

Silicon Valley 54

Silicon Valley Startup B2C Sweat Equity 54

Professor VC

DECEMBER 8, 2015

Luckily, Google was one of the 150 and did ultimately return the fund assuming the LP was smart enough to hold the stock after distribution. I was a Limited Partner in Angel Investors II (Ron Conway's angel fund) that was an investor in Confinity. At the IPO, Musk held a 14.2% stake vs Thiel's 5.6% (Sequoia Capital had 10.7%).

Merger 28

Merger LP IPO Redemption 28

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. It’s a simple density/deal flow issue.

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. It’s a simple density/deal flow issue.

Silicon Valley 112

Silicon Valley San Jose Portfolio Cofounder 112

abovethecrowd.com

APRIL 20, 2016

And unfortunately, you may assume that the product of your Unicorn valuation and your percentage ownership is what you are worth. Cash distributions are what matter at the end of the day, bug big paper gains still make for good fundraising pitches. You know you work for a Unicorn, and you know you have some common shares.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

Start Up Blog

APRIL 29, 2013

An era defined and dominated by the few who could afford the factories, the media and the distribution systems. The revolution is about access and the democratization of the factors of production. Who gets to own the digital products we have purchased in good faith? The top down era of one size fits all. And now it is over.

Uruguay 123

Uruguay Technical Review Vertical Las Vegas 123

Startup Lessons Learned

MAY 4, 2021

Can institutions be totally distributed or should they be rooted and loyal to a certain community or geography? But beyond its products, Coinbase is an interesting company in itself. But if I see a really great piece of work product, I generally will just try to, say hey, let's post this on the blog externally.

IPO 113

IPO Cofounder Technical Review Government 113

Hunter Walker

SEPTEMBER 2, 2022

Our product is purposefully built to pursue the tactic of unionizing. Building tools for unions is certainly not a category or product that most VCs want to exist, let alone see grow. But remote and distributed teams are here to stay, and I’m still learning to effectively lead a distributed team. Thanks Logan!

Chicago 79

Chicago Venture Capital Miami Employee 79