View from Seed

MAY 29, 2019

Many of us in the seed stage ecosystem have noticed a shift in the way seed rounds are coming together. Historically, seed rounds were syndicated among several different firms. Today, we are seeing less syndication of seed rounds and sharper elbows among many of the funds in the market. I think there are two big ones.

Syndicate 267

Syndicate Syndication Cofounder Cap Table 267

David Teten

MARCH 14, 2018

I’ve listed them below in *very* roughly descending order of efficiency, measured by increased dollars one can put to work, divided by the operational dollars required to implement each strategy. . Sophisticated VC and private equity funds have a wide array of options for leveraging outside operating executives.

Private Equity 60

Private Equity Venture Capital Equity Cofounder 60

David Teten

FEBRUARY 3, 2014

Similarly, my research on venture capital portfolio operations found that Portfolio Operator VCs such as Andreesen Horowitz , First Round Capital , ff Venture Capital , and Google Ventures are hiring unusually large teams and structuring them in traditional pyramids.

Private Equity 114

Private Equity Venture Capital Technical Review Equity 114

View from Seed

AUGUST 13, 2014

Investors in this category are usually operating executives who have spent their entire careers in a specific industry vertical, like internet travel, for example. Pros: Industry-insider who serves as a validator for the rest of the investment syndicate, extremely helpful advice and network connections. The Domain Angel.

Angel Investor 334

Angel Investor Syndicate Syndication Early Stage 334

David Teten

JANUARY 19, 2021

John Berger, Director Operations & Impact Solutions, Toniic , observed that this has clear investor benefits: “ The grace period became a feature because it benefits investors in regions like the US where there can be tax differences between short and long term gains. Growth stage and beyond: clear pathway to outcomes of over $1 billion.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Rob Go

SEPTEMBER 4, 2018

It occurred to me that although we mentioned our new thematic approach when we raised our last fund in 2017, we haven’t really shared a broader manifesto about how we are approaching the early stage market. It’s been an interesting several years in the early stage venture eco-system, and the sands have shifted considerably.

North America 36

North America Seed Stage Early Stage Lead Investor 36

View from Seed

JUNE 10, 2020

The NextView Accelerator Doesn’t Operate in Strict Cohorts. . Most accelerators operate in class cohort “batches.” The dynamics for participation in the next round’s fundraise syndicate is complex, and many accelerators (and VCs) obfuscate their intentions for self-serving interests.

Cofounder 177

Cofounder Syndicate Syndication Alabama 177

Genuine VC

FEBRUARY 12, 2012

Addressing both of those issues can stem from the motivations as to why someone would want to put their hard-earned cash into a risky early-stage startup in the first place. Investors in this category are usually operating executives who have spent their entire careers in a specific industry vertical, like internet travel, for example.

Angel Investor 257

Angel Investor Syndicate Syndication Early Stage 257

View from Seed

AUGUST 26, 2015

There are a lot of options to expand your deal sourcing, like AngelList, syndicates, angel groups, etc. There is no sub-prime market in early-stage investing. This is sometimes really tough for former operators. Find people who you think are great and don’t be worried about following their signal. Preferably both.

Technical Review 120

Technical Review Angel Investor Software Review Silicon Valley 120

View from Seed

AUGUST 26, 2015

There are a lot of options to expand your deal sourcing, like AngelList, syndicates, angel groups, etc. There is no sub-prime market in early-stage investing. This is sometimes really tough for former operators. Find people who you think are great and don’t be worried about following their signal. Preferably both.

Technical Review 120

Technical Review Angel Investor Software Review Silicon Valley 120

David Teten

DECEMBER 3, 2019

I walk through below how progressive investors are using technology and analytics throughout all of their operations. We are also seeing technology evaluation as an increasingly important part of LP operational due diligence. The Pocket Negotiator is very early-stage attempt to aid in the negotiating process itself.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

David Teten

SEPTEMBER 23, 2017

In venture capital in particular, early-stage companies are often operating in frontier industries, where the rules are unpredictable and conventional analytic frameworks may be misleading. The Pocket Negotiator is very early-stage attempt to aid in the negotiating process itself. . are using AngelMob.co

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

Women Entrepreneurs Can

MARCH 18, 2023

VCs typically invest in startups at the seed or early growth stage. They also offer to fund marketing and other operations. Often, they syndicate their investments with other venture capitalists, spreading the risk and giving the entrepreneurs multiple contacts and sources of advice.

Artificial Inteligence 52

Artificial Inteligence Startup Early Stage Syndicate 52

Gust

OCTOBER 20, 2011

Angels typically invest in companies operating in industry sectors with which they are familiar. This worksheet provides the investor with a basis for deciding if a start-up company should be valued near the top or bottom of the range of values that might reasonably be applied to such an early stage venture.

Valuation 146

Valuation Pre-Money Valuation Intellectual Property Technical Review 146

OnlyOnce

FEBRUARY 9, 2022

worked as advisors and mentors to numerous early stage founders and startups. I’ve never written before about those other “potential business opportunities” that our team was exploring along with our prior investment syndicate, Fred Wilson from Union Square Ventures, Greg Sands from Costanoa Ventures, and Brad Feld from Foundry.

Silicon Valley 62

Silicon Valley Venture Capital Cap Table Early Stage 62

Hunter Walker

FEBRUARY 5, 2019

” A great line uttered at dinner last night by one of the senior GPs at one of the best early stage funds. One question that’s been on my mind since we started Homebrew in early 2013 was whether seed venture would end up being multigenerational or not. Photo by Rod Long on Unsplash. In others, TBD.

LP 92

LP Early Stage Syndicate Syndication 92

Genuine VC

FEBRUARY 12, 2012

Addressing both of those issues can stem from the motivations as to why someone would want to put their hard-earned cash into a risky early-stage startup in the first place. Investors in this category are usually operating executives who have spent their entire careers in a specific industry vertical, like internet travel, for example.

Angel Investor 128

Angel Investor Syndicate Syndication Early Stage 128

Haystack

AUGUST 18, 2019

When I put all of this together, what I see is: In the Bay Area, the seed stage is getting squeezed from all sides during this summer solstice of. 4/ Orthogonal Competition – I recently tweeted about a new breed of early-stage technology investor that has its roots in public equities (hedge funds, long/short, etc.)

Seed Stage 108

Seed Stage Cap Table Early Stage Malaysia 108

YoungUpstarts

AUGUST 1, 2018

Explore content syndication opportunities to expand the reach of your blog posts. Even in the early stages of business ownership, reconsider trying to tackle every aspect of starting and running the company yourself. Blog consistently to demonstrate your expertise and improve your website’s online authority with Google.

Social Media 133

Social Media Syndicate Syndication SEO 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. FWIW, that is not how we operate.).

Seed Stage 120

Seed Stage Early Stage Cofounder Finance 120

mashable.com

SEPTEMBER 14, 2011

If you’re a startup entrepreneur, you risk facing a competitive disadvantage if you wait too long to expand your operations. Managing employees and tasks remotely can be a recipe for disaster when you’re building a nascent operation. On the other hand, it’s important to consider the realities of today’s business environment.

France 77

France Marketing Social Media Startup 77

David Teten

JULY 10, 2017

Many large corporations face three seemingly disconnected challenges; they want: – Better returns on their balance sheet and underfunded pensions; – Access to the innovation economy to stay on top of the early-stage companies attacking their business; and. Trevor Bond , former CEO of CEO of W.P.

Employee 60

Employee Balance Sheet Syndicate Syndication 60

VC Cafe

FEBRUARY 6, 2011

If you are in the very early stages with your company and there are no major reasons (e.g. Jeff Clavier, Seed stage investor in 90+ consumer internet startups, said: We all have a different approach to non Silicon Valley opportunities. R&D in your home country, HQ in US with the CEO moving over). If not, raise locally.

Silicon Valley 104

Silicon Valley Startup Seed Stage Delaware 104

mashable.com

SEPTEMBER 12, 2011

No doubt early-stage companies can be started on a shoestring by low-paid entrepreneurs, but when financing a scalable, sustainable product, a free application server won’t make much of a difference. For example, my company decided early on to hire a UI designer, which has helped tremendously with our product development.

Startup 79

Startup Social Media RSS Social Network 79

Berkonomics

APRIL 3, 2014

There are three classes of equity investors for early stage businesses that we have not yet considered. And even though angel groups syndicate their best deals within their respective associated networks, it is always best to apply to the angel groups nearest your physical location.

Equity 92

Equity Finance Liquidity Event Angel Groups 92

Hunter Walker

JULY 19, 2017

The format differs but let’s generally describe Scouts as, individuals using money fully or partially fronted by another VC fund to make investments in early stage companies with hopes of giving the sponsoring fund an advantage in leading a larger round for the startup later on. Best for everyone to understand this upfront.

Founder 69

Founder Silicon Valley Cap Table LP 69

Rob Go

JULY 17, 2014

NextView Ventures II is $40M, twice the size of our first fund, and we continue to be exclusively focused on seed-stage companies pursuing internet-enabled innovation. As former operators and product-oriented entrepreneurs, Dave, Lee, and I tend to think of our firm as a startup company and our approach to investing as our product.

Seed Stage 69

Seed Stage Early Stage Due Diligence Liquidity Event 69

ConversionXL

MAY 27, 2022

Only around 10–15% of B2B leads turn into paying customers, and it’s because tactics optimizing for the early stages of the funnel only cater to early-stage goals. It’s their job to implement a holistic approach to growth that encompasses both marketing and sales and looks at every stage of the buyer’s journey. .

Demand 95

Demand Management B2B Campaign 95

Agile VC

FEBRUARY 9, 2012

There are more similarities with early-stage VC than public investing, but in these asset classes you still see somewhat more uniform access to investment opportunities and less information asymmetry. Also these are typically more mature assets that can be analyzed and understood in broader ways than a de novo startup.

Seed Stage 100

Seed Stage Framework Silicon Valley Early Stage 100

Hunter Walker

DECEMBER 21, 2014

17 core investments have been made, I’d say our investment model was, and continues to be, consistent with the type of firm we want to build but if you’re not constantly evaluating how to get better and serve entrepreneurs, you won’t last very long in the early stage venture business. No more, no less.

Cofounder 102

Cofounder Seed Stage Syndicate Syndication 102

Rob Go

JANUARY 8, 2014

Surprisingly few seed funds operate this way. We don’t invest in “syndicates A rounds” as our first point of entry into a company. We invest in companies that are early – we take the early stage risk and hope to be rewarded for that risk. Syndicates: We have a bias to lead rounds.

Syndicate 45

Syndicate Syndication Portfolio Advertising 45

Both Sides of the Table

JULY 10, 2011

We’re co-leading the $6 million investment with Roger Ehrenberg at IA Ventures in NY and one of the most respected early-stage investors in the country in “big data&# companies. DataSift is one of only two companies today that has the rights to re-syndicate the way it does.

Viral 307

Viral Las Vegas Tunisia Syndicate 307

Agile VC

MARCH 8, 2012

What are the implications for other late-stage private companies thinking of making the transition to public markets in the near to midterm future? What’s the impact for early-stage startups? I see several dynamics at work in today’s IPO markets. What’s Your Favorite Future?

IPO 100

IPO Silicon Valley Revenue Seed Stage 100

David Teten

NOVEMBER 15, 2013

This is very different from the way most of us think about investing; in our personal lives and in most operating businesses, investors try to spend as little as possible for the maximum results. I believe it’s healthier to stage our investments in a series of modest-size checks.

Management 114

Management Pre-Money Valuation Venture Capital New Hampshire 114

www.paulgraham.com

APRIL 28, 2010

Most startups operate close to themargin of failure, and the distraction of having to deal with clientscould be enough to put you over the edge. 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.

Technical Review 76

Technical Review Startup Software Review Angel Investor 76

Austin Startup

MARCH 7, 2021

Other companies, like Blue Origin, Firefly Space and Space X are all conducting operations in Texas, both together with NASA and for their own unique space ventures. At the same time, early-stage companies are thinking beyond the high prices of Silicon Valley to put down roots and find financing and growth partners.

Texas 90

Texas San Antonio Houston Dallas 90

SoCal CTO

AUGUST 3, 2010

The process is called mass syndication, or a party round. He is focused on delivering real business value by educating clients about the latest proven technologies, strategies that deliver improved profits and operational efficiencies, and using technology to improve life. Customer Care Today.

Software Review 217

Software Review Startup Venture Capital Technical Review 217