Both Sides of the Table

MAY 28, 2018

It’s true that some later-stage private equity firms like to fund “roll ups” (a company that acquires many related companies in it sector), but this is seldom the domain of VCs. Note: If you enjoy or are learning from this series please subscribe by entering your email below?—?it

Burn Rate 247

Burn Rate Valuation Pre-Money Valuation Dilution 247

Berkonomics

AUGUST 24, 2023

Finding your champion investor… [Email readers, continue here…] Attracting a VC investment means finding a partner in a VC firm who is willing to champion your opportunity before their partnership and then represent that firm with a seat on the board once the investment is made.

Covenant 118

Covenant Angel Investor Valuation Later Stage 118

Steve Blank

JANUARY 22, 2014

Regional Angel funds that pool investors capital and typically make a one time investment in a startup, sometimes at an early stage but often at a slightly later stage. Late stage large regionally based funds that invest in late stage or mezzanine deals. Large regionally based early stage funds have mostly failed.

Early Stage 286

Early Stage Silicon Valley Oregon Technical Review 286

Up and Running

SEPTEMBER 15, 2014

And most venture capital wants to invest larger amounts in later-stage startups. Avoid email templates like the plague. Those contacts are already rubbed raw by unsolicited emails and phone calls. Expect the real information exchange to happen in email. These days a great video works better than an email summary.

Software Review 124

Software Review Due Diligence Venture Capital Elevator Pitch 124

The Equity Kicker

OCTOBER 14, 2014

He was on the money when he said that for early stage investments having a great team is most important but for later stage investments the market matters more. It’s fine to ask for a meeting, but be prepared to begin the relationship with an email conversation. Marc Andreessen wrote about this once. Good luck!

Early Stage 123

Early Stage Institutional Investors Venture Capital Startup 123

Hippoland

OCTOBER 9, 2016

To be fair, this number includes pitch emails like this (incl a response from my former colleague Sean Percival). (In fact, the vast majority of pitches I’ve seen probably fall under this category and these only take a few seconds to read and archive, so this is how you get to see 20k pitches!) Meandering email copy is not a good sign.

Seed Stage 48

Seed Stage CTO Hire Email Later Stage 48

ReadWriteStart

MARCH 3, 2021

If you want to continue growing with PPC ads in the later stages of your company’s development, you can increase your budget and target keywords more aggressively. Email Marketing. Email marketing is possibly the least expensive and most accessible marketing strategy around. Referral Programs.

Early Stage 125

Early Stage PPC Retention Churn Rate 125

Eric Friedman

NOVEMBER 18, 2022

Email, text. In cases where there are smaller outcomes, acquisitions for stock in another company, or buyouts from later stage investors the outcomes can vary. How many startups do you currently actively advise? Who are they?). How many startups do you think you can effectively advise at a time? Phone, secure messaging app?).

Early Stage 103

Early Stage Equity Vesting Cap Table 103

Both Sides of the Table

MAY 21, 2018

He was in a later-stage financing round and was talking with many investors. Note: If you enjoy my posts please subscribe to my newsletter by adding your email below. She had emailed with a partner at a big VC fund and he had passed the request to a junior associate. link] Another entrepreneur was recently in my office.

Term Sheet 217

Term Sheet Later Stage Demand Email 217

YoungUpstarts

SEPTEMBER 13, 2020

This means that when people are in the later stages of their decision making process they will turn to Youtube to see if they can find that last bit of information to solve their problem. Using video in conjunction with email marketing can be a very potent combination. 3 – Influencer marketing.

eCommerce 194

eCommerce Video Conversion Channel 194

David Teten

SEPTEMBER 23, 2017

Even for later-stage companies with predictable financials, the lack of liquidity, audited financials, and standardized metrics creates real challenges to scaling quantitative investing. Later stage investors are using private company marketplace services focused on more established companies, listed below under “Exit Investments”.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

Duct Tape Marketing

JULY 27, 2023

Duct Tape Transcript Email Download New Tab John Jantsch (00:00): This episode of the Duct Tape Marketing Podcast is brought to you by HubSpot. Uh, so that was, that was not, not a good example, but, but others have been in, in the email and um, like analytics and uh, video space and we have ended up using the solutions.

Cofounder 56

Cofounder Artificial Inteligence New Zealand Analytics 56

Version One Ventures

FEBRUARY 28, 2019

Follow these steps for all of your key accounts: email, Facebook, Twitter, Dropbox, bank accounts, PayPal, domain registrars, etc. There have been so many hacks of large sites out there, that there is a chance that hackers have access to your email and a password that you have been using on one of those sites.

Later Stage 146

Later Stage Security Email Mobile 146

Both Sides of the Table

JUNE 13, 2018

Remember that the goal of an email to a VC or an introduction from a trusted mutual connection is simply to get you the meeting. You want to send just enough to get the meeting (and of course a great deck sells better than a long email) and not so long that you don’t leave a chance to wow the person in your actual meeting. Poppycock.

Portfolio 261

Portfolio IP Later Stage Email 261

Berkonomics

JUNE 16, 2022

For larger or later stage companies, it could be to increase market share through acquisitions with the attendant elimination of competition or increase in a company’s reach. Email readers, continue here…] More importantly, what if you as a leader haven’t a stated goal for your enterprise?

Later Stage 62

Later Stage Early Stage Valuation Acquisition 62

Gust

SEPTEMBER 27, 2014

In addition to the fact that it is often easier to get accepted by an accelerator, or to make it to the finals of a business plan competition, or get funded by an angel group, those vehicles frequently serve the role of “curators” for the later stage financing world. If they’re legitimate, they will.

Angel Groups 159

Angel Groups Elevator Pitch Software Review Deal Flow 159

Steve Blank

JUNE 11, 2009

Yet for every founder there are 10-20 other employees who take the near-equivalent risks in joining an early-stage company. If you’re not a founder (by choice, timing or temperament,) you may be an early employee or a later stage startup employee. Founders know they want to start something. To Order Outside of the U.S.

Cofounder 219

Cofounder Founder Silicon Valley Technical Cofounder 219

K9 Ventures

FEBRUARY 8, 2020

.” IMHO this was why @cartainc had such a hard time raising in the early stages. This is what makes early-stage investing so much more fun and exciting for me. I would be bored out of my mind if I were investing at later stages. 7/ Every startup is it’s own unique puzzle. Exciting stuff. 10/ P.P.S.

Startup 118

Startup Early Stage Later Stage Revenue 118

Both Sides of the Table

MAY 30, 2018

Many VCs will have a distribution curve where they’ll do a small number of early-stage deals (say $1.5–3 3 million invested at a $6–10m pre-money), a larger number of “down the fairway” deals ($4–5 million at a $15–25 million pre) and a few later-stage deals (say $8–10 million at a $30–40 million pre).Of Want to read more?

Valuation 324

Valuation Post-Money Valuation Pre-Money Valuation Cofounder 324

YoungUpstarts

JUNE 15, 2015

Email is dead for people under 25. At Stripe, all 170 employees have open access to every email sent in the company – which makes for a very transparent company – but a very crowded inbox. Lecture 20: Closing Thoughts and Later-Stage Advice. Get a foothold and a customer base before people notice you.

Cofounder 100

Cofounder Delaware Startup Technical Review 100

OnlyOnce

MARCH 14, 2011

I share the column with my colleagues Jack Sinclair and George Bilbrey and we cover how to approach the business of email marketing, thoughts on the future of email and other digital technologies, and more general articles on company-building in the online industry – all from the perspective of an entrepreneur.

Software Review 67

Software Review Development Team Review Later Stage Technical Review 67

Reid Hoffman

MARCH 9, 2021

Advocates for the feature then ran a simple experiment by emailing a number of customers, asking them if they were interested in asking and answering questions to and from other customers, and directing them to a mockup website. The classic example of this is Amazon’s customer Q&A feature.

Leadership 42

Leadership Technical Review Cofounder Later Stage 42

Both Sides of the Table

JANUARY 21, 2010

You have this perception that they’re billing you for the lunch meeting they invited you to and the friendly banter emails flying back and forth. On later stage LA Tech M&A deals I’ve heard there’s none better than David Hernand of Gibson Dunn. I saw the same bad behavior in consulting.

Southern California 318

Southern California Silicon Valley IP Stock Options 318

Berkonomics

FEBRUARY 8, 2018

Email readers, continue here…] Attracting a VC investment means finding a partner in a VC firm who is willing to champion your opportunity before his partnership and then represent his firm with a seat on the board once the investment is made.

Covenant 97

Covenant Angel Investor Valuation Later Stage 97

Berkonomics

MARCH 8, 2018

Email readers, continue here…] For lifestyle companies or later stage companies, board members should be paid on a per-meeting basis in cash.

Early Stage 102

Early Stage Vesting Stock Options Preferred Stock 102

Austin Startup

JULY 29, 2018

It doesn’t make any sense to pitch a later stage, “growth” investor with your seed stage idea just like it doesn’t make much sense to pitch a new tech startup to an investor who only does oil & gas. Send a thoughtful, spell-checked email that gives a short background and then explains why you think he or she could help.

Angel Investor 59

Angel Investor Technical Review Los Angeles Seed Stage 59

Feld Thoughts

JUNE 14, 2017

I’ve met and emailed with many pre-seed and seed GPs in the past year. Are you going to only invest from the fund, or are you going to create SPVs on deals in later stages? Over sushi last night with two of them, who are also long-time friends, one of them asked me “Brad, how do you think we are differentiated?”

Differentiation 147

Differentiation Later Stage Equity Founder 147

Berkonomics

AUGUST 3, 2023

Friends, family and fools: [Email readers, continue here…] This term, although pejorative, describes the typical mix of early investors in a small, young growing business. But few businesses grow into the sweet spot of $20 million to $30 million in worth to an ultimate buyer without the injection of outside capital.

Private Equity 118

Private Equity Valuation Cap Table Accredited Investor 118

YoungUpstarts

MARCH 28, 2019

Cat food grain-free,” “cat food senior cat formula,” and “cat food for kittens” are all more likely to result in a conversion because these consumers are at a later stage in their journey and have a better idea of what they want. The keyword “cat food,” for example, has a wide variety of long-tail variations.

Audience 164

Audience Algorithm eCommerce Cofounder 164

Brandanew

AUGUST 4, 2015

b) Branding experts will ensure that a re-branding at a later stage is avoided. ii) How to win your fight with Email overload. Everyone’s stopping dead with the sheer amount of emails we get, forget and live under. In my first posts, I talked about the need of working with marketing and branding experts.

Social Media 100

Social Media Marketing Later Stage Media 100

Rob Go

JUNE 7, 2012

But a lot of entrepreneurs and investors were hoping for a really strong showing to drive more liquidity in the market and continue the surge in hype around internet companies (both start-ups and later stage companies). 5 Years ago, the mobile web meant email on the blackberry or really lame on-deck applications on feature phones.

Technical Review 61

Technical Review SMS Internet B2C 61

Startup Professionals Musings

APRIL 6, 2016

Most new teams are geographically dispersed these days anyway, so paying rent for an office should be differed to later stages when revenue is plentiful. Use multiple social-media channels, blogging, email and voicemail to build the same image and responsiveness as larger competitors. Operate small, but show a big-company image.

Bootstrapping 120

Bootstrapping Hockey Stick Sweat Equity Intellectual Property 120

Both Sides of the Table

APRIL 28, 2010

Summit is a hugely respected firm in Silicon Valley and a long-term “institution&# but they’re better known as more of a “private equity&# investor meaning that they do later stage investments in much larger companies that are profitable. Obviously they see big things in Wildfire. 4mm in Series A.

Venture Capital 270

Venture Capital Cofounder Spain San Diego 270

Both Sides of the Table

MAY 18, 2010

Potential employees want to “get together.&# VC’s will want to learn about what you’re up to and later stage VCs will have their 23-year-old analysts call you to tell you how interested they are in your company. “Thank you for writing to me – it’s nice to hear from you (or meet you) via email.

Later Stage 305

Later Stage Demand Video Email 305

Both Sides of the Table

MAY 13, 2018

The surest sign a fund-raising process has stalled is when you aren’t getting follow-up meetings or hearing from the VC or hearing from friends that they got a phone call or email asking about you. they told you it was a great meeting but then they don’t respond to emails) DO NOT ASSUME it means they’re not engaged. Sometimes?—?best

Term Sheet 332

Term Sheet Due Diligence Campaign Sales 332

Steve Blank

NOVEMBER 30, 2011

After a demo and lunch, the VC (who normally did later stage deals) wrote my ex student a check for a seed round. I followed Bob progress in bits and pieces from updates from the CIO, the VC and his emails and blogs. It was a “gotta use it, don’t take it away, we’ll have to buy it” product. Life couldn’t be better.

Customer Development 330

Customer Development Cofounder Later Stage Software 330

Eric Friedman

DECEMBER 25, 2008

I have looked at a number of web services both from their inception and early alpha, to beta programs and later stage developed businesses. This also includes having a choice of an email address somewhere near, around, below, or close to the form itself. Give people the choice to fill out the form OR contact you directly.

Web 60

Web Analytics Later Stage Cloud 60