Both Sides of the Table

DECEMBER 7, 2014

In case you don’t know – as VCs we have have 2 sets of customers: LPs (limited partners) who invest money in our funds and entrepreneurs (who we in turn give money to and help support them in building businesses we hope will be valuable). I have gotten to the point where I consider many of my LPs friends.

Software Review 341

Software Review Customer Technical Review LP 341

VC Adventure

OCTOBER 14, 2020

We strongly believe that fostering a mesh network model, which allows our network members to interact directly with one another, is the best way for all of us to learn, develop, and thrive together (vs the more traditional hub and spoke model that most firms end up falling into with partners as gatekeepers). So take this as a rough draft. .

Networking 99

Networking Technical Review Hiring North America 99

Steve Blank

MARCH 16, 2016

VC’s raise money from their investors (limited partners like pension funds) and then spread their risk by investing in a number of startups (called a portfolio). BTW, Angel investors do not have limited partners, and often invest for reasons other than just for financial gain (e.g., Great entrepreneurs shoot for 20X.

Liquidity Event 120

Liquidity Event Founder Liquidation Preference Venture Capital 120

David Teten

JANUARY 19, 2021

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. Similar to the explosion of seed funds in the past decade, we (and some limited partners too ) believe these Flexible VCs are on the forefront of what will become a major segment of the venture ecosystem. Of the Inc. 5000 companies, only 6.5%

Cofounder 78

Cofounder Technical Review Equity Dividend 78

thebarefootvc

JULY 3, 2017

One of the reasons I launched FuturePerfect Ventures in 2013 after 20 years in the tech industry was that I strongly believed we needed more women with decision making power on the VC side of the table to find and collaborate with the best entrepreneurs. They decide which VCs receive capital to invest in entrepreneurs.

LP 65

LP Technical Review Silicon Valley Limited Partner 65

David Teten

DECEMBER 3, 2019

But in business, you want a lot of partners. In the private equity universe, most Partners have primary training as deal-makers, not as managers. Small investment firms often have interns and entrepreneurs in residence passing through, each of which is a security risk. Most of us want one spouse and we’re done. 2) Market .

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Both Sides of the Table

JULY 16, 2010

The VC industry grew dramatically as a result of the Internet bubble - Before the Internet bubble the people who invested in VC funds (called LPs or Limited Partners) put about $50 billion into the industry and by 2001 this had grown precipitously to around $250 billion. Partners leave the industry. Here’s my take: 1.

LP 311

LP Technical Review Early Stage Silicon Valley 311

David Teten

MARCH 14, 2018

But, we normally have a clear ceiling on how high we can grow AUM, before hitting practical limits to deploying capital within the traditional VC model. . My Partners at HOF Capital are younger than I am, which means that we have a half-century horizon for the franchise we are building. So we think about scaling a lot.

Private Equity 60

Private Equity Venture Capital Equity Cofounder 60

Austin Startup

MARCH 15, 2021

While the Texas weather is preferable to New York City and the cost of living preferable to San Francisco, there are many more reasons that entrepreneurs are flocking to Texas. Thousands of entrepreneurs, programmers and designers gather day and night, in-person and online for meetups, classes and coworking.

Accredited Investor 106

Accredited Investor Texas San Antonio San Francisco 106

Both Sides of the Table

MARCH 1, 2010

I call it the entrepreneur thesis. I’m not talk about the age old debate amongst investors whether you back entrepreneurs, markets or products (or as people like to hedge – product / market fit). It’s entrepreneurs I back. It’s what I call the “entrepreneur thesis.” So what is the “entrepreneur thesis?”

Entrepreneur 321

Entrepreneur Warrant Silicon Valley Early Stage 321

David Teten

SEPTEMBER 23, 2017

PEVCTech is partnering with Blue Future Partners to run the first large-scale survey of VCs’ technology stack. Johann Kratzer of Blue Future Partners , a fund of funds, observed, “The majority of the hundreds of funds we’ve diligenced rely predominantly on their relationships to source deals. Greylock Partners.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

Hearpreneur

NOVEMBER 24, 2018

Her responsibilities included: strategic counseling, business modeling and deal negotiation for the various for medical startups in the portfolio and is a limited partner at NGT3 Medical Accelerator in Israel. Any advice you would give to entrepreneurs and business owners? Tell us your story.

Founder 91

Founder Miami Cofounder 91

Both Sides of the Table

JANUARY 30, 2016

I wanted to encourage more of our Limited Partner (LPs, or the people who invest in VC funds) to attend our annual meeting in person. When we were rebuilding our LP base one of the single most helpful person to me as a friend, sparring partner and reference was Dana Settle of Greycroft. I had a few objectives in mind.

Community 150

Community Los Angeles LP Portfolio 150

Both Sides of the Table

APRIL 2, 2010

I’m writing this post to explain to entrepreneurs what you should be thinking about in terms of the VC’s you approach and the size and stage of their funds. And funds also have investments from the partners of the firm. You can ask around to startup lawyers and other entrepreneurs who know these things.

Venture Capital 269

Venture Capital Balance Sheet Early Stage Software Review 269

The Next Web

MARCH 8, 2014

It certainly did to me when I was an entrepreneur. On the surface, that seems to have absolutely nothing in common with the struggles of the common entrepreneur. But at the end of the day, I’ve learned that being a partner at a successful early-stage VC firm is not quite as different from being a founder as you might think.

Partner 138

Partner Burn Rate Early Stage IPO 138

Both Sides of the Table

JANUARY 16, 2012

I raised money as an entrepreneur, like you, in 1999, 2000, 2001, 2003 and 2005 for two different companies. And I also now have to raise money myself, but this time from bigger institutions that our industry calls LPs (limited partners). Partners make investment decisions. Meet in person. They’re buying you.

Developer 366

Developer Silicon Valley PR Las Vegas 366

Both Sides of the Table

OCTOBER 12, 2014

People all across the value chain have taken notice including Limited Partners who are the people who invest in VC funds in the first place. Much of this historically didn’t matter to entrepreneurs. ” Entrepreneurs can be caught in the middle. What a second, what about entrepreneurs?

Technical Review 336

Technical Review Later Stage Early Stage LP 336

Eric Friedman

AUGUST 18, 2021

He is also co-founder and Managing Partner of Deciens Capital, an early stage investment fund. I think there are some real virtues to that, however, when I talk to my business partner, Ishan [Sachdev], about it, I use a slightly different metaphor: I talk about Jiro [Ono], Nobu [Matsuhisa], and Benihana. On Sushi and VC.

Silicon Valley 88

Silicon Valley Venture Capital Cofounder Africa 88

Steve Blank

JULY 15, 2010

The Golden Age for Entrepreneurs and VC’s. The two decades from 1979 when pension funds fueled the expansion of venture capital to 2000 when the dot-com bubble burst were the Golden Age for entrepreneurs and venture capital firms. Here’s why. The system worked in predictable and profitable ways. Yet while the U.S.

Venture Capital 297

Venture Capital IPO Liquidity Event Entrepreneur 297

David Teten

AUGUST 15, 2013

Most VCs (including ff Venture Capital ) collect money from independent limited partners in order to form their fund. In addition, BizSpark offers technical support, business training, and a network of over 2,000 partners to connect members with incubators, investors, advisors, government agencies, and other resources.

Startup 114

Startup Technical Support Venture Capital Balance Sheet 114

David Teten

AUGUST 19, 2019

In 2019 we partnered with several revenue-based lending providers, effectively creating a marketplace. “. We collect more data on an individual business than, to our knowledge, any other RBI investor, through our application process, data partners, and various public sources online. Bigfoot Capital.

Revenue 60

Revenue Technical Review Software Review Equity 60

Both Sides of the Table

JULY 23, 2014

Limited Partners or LPs (the people who invest into VC funds) have taken notice as 2014 is by all accounts the busiest year for LPs since the Great Recession began. Because this is all VCs do and if we intend to work with all of our fellow VCs and entrepreneurs when the rain ends and the sun shines again our reputations matter greatly.

Technical Review 398

Technical Review Venture Capital Valuation Pre-Money Valuation 398

Both Sides of the Table

JUNE 29, 2017

Upfront VI is our latest core fund and is $400 million to invest in early stage entrepreneurs. A huge thank you to all of the Limited Partners who have entrusted us with your capital, time and reputations. Upfront’s Base As you probably know we are based in Santa Monica and as my partner Greg Bettinelli coined, we’re #LongLA.

Los Angeles 287

Los Angeles Las Vegas Venture Capital San Francisco 287

David Teten

AUGUST 14, 2018

My proposal: hire a true Enterprise Entrepreneur in Residence, whose defined KPI is: Quit my job. (No, A number of large enterprises have hired “ Enterprise Entrepreneurs in Residence ” to address this challenge. We’re talking with some of our limited partners about their hosting a true “entrepreneur in residence”.

Entrepreneur 60

Entrepreneur Limited Partner Portfolio Partner 60

David Teten

AUGUST 14, 2018

My proposal: hire a true Enterprise Entrepreneur in Residence, whose defined KPI is: Quit my job. (No, A number of large enterprises have hired “ Enterprise Entrepreneurs in Residence ” to address this challenge. We’re talking with some of our limited partners about their hosting a true “entrepreneur in residence”.

Entrepreneur 60

Entrepreneur Limited Partner Portfolio Partner 60

ReadWriteStart

JULY 19, 2023

This approach allowed them to gain valuable insights into the challenges faced by startups in the early stages and further fueled their desire to provide comprehensive support to entrepreneurs. Initially, they assumed that venture capital and investing in funds were common knowledge among potential limited partners (LPs).

Kazakhstan 92

Kazakhstan Montana Venture Capital Miami 92

This is going to be BIG.

OCTOBER 5, 2012

If you were an entrepreneur, getting connected to money was terrifically hard. Nowadays, particularly in cities like NYC and SF, access to capital has never been so entrepreneur friendly. For entrepreneurs, knowing more VCs equals better options--better fits from a working style and expectation standpoint and better terms.

LP 97

LP Venture Capital Technical Review Nebraska 97

View from Seed

JULY 26, 2019

sometime back in 2010 or early 2011) one of the limited partners we met with asked us what our “favorite future” was for NextView. We ask it in the hopes of gaining a deeper understanding of the founders’ long run vision for the business and to glean some insights into their underlying motivations for being an entrepreneur.

Limited Partner 159

Limited Partner Founder Partner Startup 159

David Teten

AUGUST 19, 2019

Though RBI will displace some traditional equity VC, its much bigger impact will be to expand the pool of capital available for early-stage entrepreneurs. . John Borchers, Co-founder and Managing Partner of Decathlon Capital, claims to be the largest revenue-based financing investor in the US. So what is Revenue Based Investing?

Revenue 60

Revenue Term Sheet Founder Technical Review 60

Both Sides of the Table

SEPTEMBER 1, 2016

Scott Kupor of A16Z responded with a comprehensive overview of valuation methodology in a post that while accurate feels more targeted at sophisticated Limited Partners (LPs) who invest in funds. As an entrepreneur I never really knew what to make of VC return data. Have Marc and Ben attracted great partners? Absolutely.

LP 264

LP Jordan Cofounder Limited Partner 264

Steve Blank

JULY 2, 2009

Entrepreneur-in-Residence After SuperMac I had been approached by one of our venture investors to be an entrepreneur in residence (EIR), a Silicon Valley phrase which says one thing but means another. I offered to introduce him to the firm whose Entrepreneur-in-Residence offer I had just accepted.

Silicon Valley 120

Silicon Valley Technical Review RSS Software Review 120

David Teten

JULY 25, 2017

We think coaching is a key lever for doing this, with our own team or through outside partners. A nalysis – One of the luxuries of being a VC is that we have a larger data set than most entrepreneurs of performance. Based on our data set, we help our entrepreneurs measure, understand, and report their performance.

Portfolio 60

Portfolio Technical Review Private Equity Database 60

Feld Thoughts

OCTOBER 15, 2020

The Foundry Network , as we’ve been calling it, encompasses founders, CEOs, executives, general partners of our underlying venture capital fund investments, limited partners (our investors as well as other investors in the funds we have investments in), and other members of our ecosystem. So take this as a rough draft.

Networking 176

Networking Hiring North America Venture Capital 176

David Teten

DECEMBER 12, 2017

(written by Philipp von dem Knesebeck , Managing Partner, Blue Future Partners (bluefp.com, @bluefutureteam ), and David Teten ). Based on this paper, Blue Future Partners and PEVCTech recently completed a large-scale survey to find out which tools are most commonly used by venture capital firms.

Early Stage 60

Early Stage Technical Review Software Review Venture Capital 60

Steve Blank

FEBRUARY 3, 2011

One of the biggest mistakes entrepreneurs make is not understanding the relationship they have with their investors. Their fiduciary responsibility was to manage a portfolio of investments for their limited partners. At times they confuse VC’s with their friends. Lets Go to Lunch. If you succeed so do they.

San Francisco 331

San Francisco Silicon Valley Limited Partner Venture Capital 331

Agile VC

JULY 26, 2019

sometime back in 2010 or early 2011) one of the limited partners we met with asked us what our “favorite future” was for NextView. We ask it in the hopes of gaining a deeper understanding of the founders’ long run vision for the business and to glean some insights into their underlying motivations for being an entrepreneur.

Limited Partner 100

Limited Partner Founder Partner Startup 100

ithacaVC

JANUARY 10, 2012

One of my students just asked me what a “Venture Partner” is in the context of a venture capital firm. I quickly typed in “venture partner” into the Wikipedia query box. So, then I typed “venture partner definition” into the Google search box. No results. Kind of surprised me. Examples: 1.

Partner 49

Partner Carried Interest Caching Harvest 49