Feld Thoughts

JUNE 20, 2014

With yesterday’s announcement that early-stage VC Greycroft has raised a $200 million growth fund , this type of fund has officially become a trend. ” Prior to this, plenty of VC firms invested across the early stage to late stage spectrum from the same fund (e.g.

Early Stage 147

Early Stage Later Stage Syndicate Syndication 147

Feld Thoughts

JUNE 20, 2014

With yesterday’s announcement that early-stage VC Greycroft has raised a $200 million growth fund , this type of fund has officially become a trend. ” Prior to this, plenty of VC firms invested across the early stage to late stage spectrum from the same fund (e.g.

Early Stage 108

Early Stage Later Stage Syndicate Syndication 108

Gust

AUGUST 27, 2014

The two sites you mentioned are both secondary listing services, for later stage companies. Most are somewhere in between, focusing primarily on early-stage, high-growth companies with scalable business models. There are hundreds of them, with at least one in every state.

Angel Investor 133

Angel Investor Accredited Investor Angel Groups Syndicate 133

View from Seed

JANUARY 26, 2016

With that in mind, let’s look at an illustration of these trends below, which demonstrates what’s been happening to early-stage financing rounds over the last 15 years or so. Series A investors invested quite early, often before product/market fit. The entire funding progression of startups pushed out to the right.

Seed Stage 120

Seed Stage Early Stage Cofounder Finance 120

Feld Thoughts

JULY 30, 2015

We are early stage investors – if you’ve raised more than $3 million you are too late for us. We are syndication agnostic – we’ll invest with other VCs or invest by ourselves. Our late stage fund gave us flexibility to invest more money in our later stage companies.

Minneapolis 70

Minneapolis Phoenix Portland Syndicate 70

View from Seed

OCTOBER 22, 2015

So you should be looking for this level signal and, if you’re getting it, know that it’s in the early stages but progressing in the right way. Work on securing a lead investor who can then help in forming a syndicate. A commitment typically only comes after a full partnership pitch and meaningful business diligence completed.

Term Sheet 120

Term Sheet Due Diligence Seed Stage Syndicate 120

Genuine VC

NOVEMBER 12, 2012

However, there was one gem of a small section in there with a more widely acceptable takeaway: “It turns out that the terms from your Series A are most often cut and pasted into your later round deals. When you compromise on terms in the early stages, you will have to pay the price in the later stages.

Finance 128

Finance Mezzanine Valuation Seed Stage 128

Feld Thoughts

JUNE 6, 2012

We describe Foundry Group ‘s behavior as “syndication agnostic.” This is true at early stages but also true at later stages. Because we are syndication agnostic, we are delighted to work with great co-investors and welcome and encourage the interaction and partnership.

Syndicate 136

Syndicate Syndication Cofounder Angel Investor 136

View from Seed

JUNE 16, 2015

Our investment size may differ slightly from one company to the next, but it tends to be driven entirely by situation-specific factors (needs of the company, syndicate composition, anticipated reserves, etc) … and not based on our belief. First, that the problem you’re tackling matters. Second, that you’re the team to do it.

Boston 120

Boston Syndicate Syndication eCommerce 120

Both Sides of the Table

APRIL 3, 2010

Because it is a “series&# I plan to get into some of the deeper complexities of funds such as “cross over funds&# and “why VC’s hate to price their own deals&# at a later stage. A very well known early stage fund used to have a rule that they didn’t do follow ons.

Venture Capital 265

Venture Capital Term Sheet Early Stage Silicon Valley 265

Austin Startup

MARCH 7, 2021

Texas is well capitalized Silicon Valley has traditionally received a disproportionate share of private, early-stage funding compared to other geographies given its density of firms focused on these types of investments and the number of start-ups and private companies in the region. from growing startups to late-stage buyouts.

Texas 90

Texas San Antonio Houston Dallas 90

www.paulgraham.com

APRIL 28, 2010

So if youre going to sell cheap stockto eminent angels, do it early, when its natural for the companyto have a low valuation. Some angel investors join together in syndicates. Angels and even VC firms occasionally do this, but they alsoinvest at later stages. The problems are different in the early stages.

Technical Review 76

Technical Review Startup Software Review Vesting 76