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Early-stage Regional Venture Funds–part 2 of 3 of Bigger in Bend

Steve Blank

Dino Vendetti a VC at Bay Partners, moved up to Bend, Oregon on a mission to engineer Bend into a regional technology cluster. Part 3: Engineering a Regional Tech Cluster. Late stage large regionally based funds that invest in late stage or mezzanine deals. I visited Bend last year and caught up with his progress.

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On Bubbles … And Why We’ll Be Just Fine

Both Sides of the Table

And this is happening in mezzanine (pre-IPO) deals as well. When you’re building a startup and can’t hire the engineers you need, can’t retain staff, can’t get press coverage and can’t hire sales people – it certainly affects you. And post IPO deals, although these tend to correct more quickly.

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Flexible VC, a New Model for Companies Targeting Profitability

David Teten

Early-stage: Cofounder with engineering/ product background from top-tier university or major technology company. Mezzanine lending (a rough comparable) has a 18-23% required rate of return. Hard covenants with potentially strict penalties. . Cash collateral. Soft power (Material Adverse Conditions and investor confidence clauses).

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The New Venture Landscape

K9 Ventures

Top engineering talent today has a bimodal distribution. Series C/D is the new Mezzanine. Opinion VC Mezzanine pre-seed seed Series A Series B Series C venture capital venture landscape Venture Spiral' Hiring costs are up dramatically The cost of hiring top quality talent in the bay area has gone up dramatically.

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Financing Acquisitions: Keys to Structuring the Deal And Obtaining The Funding

YoungUpstarts

A desired deal is one that is engineered specifically with the big picture in mind. Many acquisitions in the middle market require a combination of senior debt and some type of equity or quasi-equity like mezzanine financing. Structuring the Desired Deal.

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Flexible VCs With Structures Between Equity and Revenue-Based Investing

David Teten

Jonathan sometimes refers to their investments as “micro-mezzanine” because “mezz is typically structured as a contractual periodic payment, with some equity-like upside, but subordinate to other debt… so most lenders look at it like equity. As of late 2020, we’ve deployed approximately $4M across 23 investments. “We

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The Pre-Seed FAQ

K9 Ventures

Series C/D is the new Mezzanine. Engineering Capital. . (~$2M used get for building product, establishing product-market fit and early revenue). Series A is the new Series B. (~6M-$15M 6M-$15M used to scale customer acquisition and revenue). Series B is the new Series C. Q: Why haven’t I heard of Pre-Seed rounds before? Afore Capital.