Both Sides of the Table

JULY 23, 2014

At the other end of the spectrum large funds have gotten even larger in the past few years which has massively increased the amount of consolidation in our industry as 66% of LP money into venture is now concentrated in late-stage or full-cycle VCs. From a technology perspective our journey is nowhere near over. Why is this?

Technical Review 398

Technical Review Venture Capital Valuation Pre-Money Valuation 398

Both Sides of the Table

JULY 16, 2010

But VC is an “illiquid asset&# so funds didn’t disappear quickly - In 2000/01 the stock market quickly adjusted punishing investors in the NASDAQ and in individual public technology stocks. So as of 2008 total LP commitments were still at nearly $250 billion. So the people who invest in VC funds have two problems.

LP 311

LP Technical Review Early Stage Silicon Valley 311

Both Sides of the Table

OCTOBER 12, 2014

Prorata rights are one of the most important rights of a private market technology investors and yet are seldom fully understood. Also, because the entire industry has changed because it is cheaper to start a tech company these days – there are simply way more angel rounds. Why prorata rights are becoming a bigger deal to angels.

Technical Review 336

Technical Review Later Stage Early Stage LP 336

Both Sides of the Table

SEPTEMBER 22, 2012

Growth will slow, partly due to internal limits and partly because the company is starting to bump up against the limits of the markets it serves.” And so do entrepreneurs who are quick to pivot to new businesses or to sell in an acquihire. It might be for technical reasons or it might be for customer adoption reasons.

Silicon Valley 390

Silicon Valley Venture Capital Startup Technical Review 390

Feld Thoughts

MARCH 24, 2017

We also know many of the entrepreneurs in their portfolio. This means FC avoids trends and relentlessly questions entrepreneurs about how their product enables specific use cases and market opportunities. As an LP, I’ve had the good fortune to be an investor in many funds, including some exceptional ones.

Founder 75

Founder LP Technical Review Seed Stage 75

David Teten

SEPTEMBER 23, 2017

VCs tout themselves as frontier technology investors, but most are using the same infrastructure tools they have used for the past 20+ years: Excel and recent college grads searching Google. According to Knowledge.VC , under 5% of US VCs have a full-time team member focused on technology. . But we’re doing it slowly.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

David Teten

JANUARY 19, 2021

Our categorization is not a technical one. Additionally, Flexible VC can accommodate all types of companies, not just asset-lite, tech-enabled companies.”. See Why Are Revenue-Based Investors Investing in Women & Diverse Entrepreneurs? Flexible VC offers you this. Flexible VC 101: Equity Meets Revenue Share.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

David Teten

MARCH 14, 2018

– Build out low-cost force multipliers such as scouts , Advisors, Entrepreneurs in Residence, Venture Partners, and so on. The firm attracts deal flow by promising a decision (positive or negative) in under 2 weeks, with minimal paperwork and without repeating due diligence. – Go public.

Private Equity 60

Private Equity Venture Capital Equity Cofounder 60

Austin Startup

AUGUST 10, 2017

Although we were studying finance, we were always more interested in tech. We were infatuated with tech. But we got serious in early 2016 when we developed deep conviction around the immense technical vision of Ethereum. We dive deep into white papers, review technology, economics, game theory, etc.

Technical Review 48

Technical Review Cofounder Technical Cofounder Austin 48

David Teten

DECEMBER 3, 2019

When I met my now-wife, I realized that any technology that can find me a spouse is a killer app. I’d argue that the same type of technologies that have revolutionized dating can revolutionize our industry. . I walk through below how progressive investors are using technology and analytics throughout all of their operations.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Both Sides of the Table

SEPTEMBER 29, 2013

I had a chance to discuss AngelList Syndicates with Naval at Michael Kim’s Cendana LP/VC conference on a panel with Naval, Roger Ehrenberg (IA Ventures) and Mike Brown, Jr. AngelList 101 : As you know, AngelList is a platform where angels can invest in semi-screened tech deals. Must be doing something right! Bowery Capital).

Syndicate 356

Syndicate Syndication Cofounder Early Stage 356

Agile VC

OCTOBER 23, 2012

The VC industry (both the GP part and the LP part) pays attention to the sector’s returns, but the broader tech ecosystem only occasionally tunes in. 2) No Synthetic Alternative – If an LP can’t “buy” VC as an index, could they replicate the returns of an index some other way?

LP 176

LP Accredited Investor Carried Interest Portfolio 176

Genuine VC

SEPTEMBER 7, 2010

The elite top-tier firms have a sustainable competitive advantage with both entrepreneurs (and LPs alike) given brand, a vast network, and self-reinforcing success. Just like beer drinkers in the 90’s, the best entrepreneurs will have an increasing amount of real choice for their seed-stage funding options.

Seed Stage 191

Seed Stage Belgium Differentiation LP 191

Hunter Walker

JANUARY 5, 2014

” If you’re in the technology industry you can probably answer but as I discovered this holiday season, most of my extended family and childhood friends were a bit fuzzier on the concept. Now I get to experience these moments not as an entrepreneur, technology executive or angel, but as a professional investor.

Software Review 102

Software Review Balance Sheet Cofounder Technical Review 102

thebarefootvc

FEBRUARY 19, 2014

”, almost exactly 2 years ago to this day at Bloomberg LP’s headquarters in NYC as part of Social Media Week. I overviewed demographic and economic trends globally and outlined the opportunity for technology companies to access growth in the emerging markets. I gave a talk, titled “What in the World?”,

India 107

India North America Ukraine Silicon Valley 107

David Teten

DECEMBER 12, 2017

VCs are at the forefront of technological disruption, funding many of the latest cutting edge productivity tools. Clint Korver, Partner at Ulu Ventures , remarked: “I’d compare this technology transformation as akin to what happened in public company investing. But what tools are they using themselves to automate their own processes?

Early Stage 60

Early Stage Technical Review Software Review Venture Capital 60

Both Sides of the Table

MAY 23, 2012

I have been close to the tech & startup sectors for more than 20 years and I can’t think of a period in which I felt more optimistic about the innovation and value creation I see in front of us. The movie, “The Social Network” might have had more of an impact on creating future entrepreneurs than any other event of the past 5 years.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

Seeing Both Sides

SEPTEMBER 26, 2010

As you might expect, the wolves have the edge in the encounter, due to superior market information or negotiating position. Thus, for particularly “hot” companies, when there is momentum and competition, the entrepreneurs have become the wolves, and the VCs find themselves donning sheep’s clothing. .

IRR 36

IRR IPO Entrepreneur LP 36

Both Sides of the Table

MARCH 6, 2017

He was running to be the 42nd mayor of Los Angeles and he outlined his vision to “open up the city government to technology and innovation” if he were elected. He wanted to bring the same level of technology focus and energy that Mayor Bloomberg had brought to New York City. Are you kidding me? And this is true.

IPO 191

IPO Los Angeles South Korea Armenia 191

Professor VC

NOVEMBER 19, 2009

I attended the annual LP meeting for a venture capital firm this week and got into a discussion about the above question. At a high level, I definitely agree that being an entrepreneur and being in school dont necessarily mix. At a high level, I definitely agree that being an entrepreneur and being in school dont necessarily mix.

San Jose 43

San Jose Silicon Valley Las Vegas Venture Capital 43

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. I never suggest that entrepreneurs just randomly pitch VCs. I get approached about clean tech or biotech periodically – I don’t focus on these. You’ll never make a great entrepreneur.

Developer 366

Developer Silicon Valley PR Las Vegas 366

abovethecrowd.com

APRIL 20, 2016

In late 2015, many public technology companies saw a significant retrenchment in their share prices primarily as a result of a reduction in valuation multiples. Many modern entrepreneurs have limited exposure to the notion of failure or layoffs because it has been so long since these things were common in the industry.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

Austin Startup

JUNE 26, 2019

I recruited a top-flight engineer and serial entrepreneur to build our MVP, on equity?—?and Turns out my network (of politicos and do-gooders) is not one of accredited tech investors (meaning they meet income and net wealth thresholds and choose to make investments at all, and specifically in startups). So, we worked to raise capital.

Silicon Valley 54

Silicon Valley Startup B2C Sweat Equity 54

David Teten

MARCH 18, 2021

A typical VC thesis: “we invest in tech startups in Europe at an early stage” However, our experience shows that in many cases: . “Tech” means B2B Saas/Fintech or Consumer apps. Technical” Companies (i.e. any mention of a focus on tech companies). Technical founders . Occurrences.

Technical Review 78

Technical Review Cofounder Venture Capital Deal Flow 78

Both Sides of the Table

FEBRUARY 3, 2015

In 2006 when I was a budding entrepreneur building my second startup I ran into a young (ish) enthusiastic founder of an electronic signature company called EchoSign. We had just gotten over the dot com crash and return to normalcy where nobody seemed to give a s**t about tech companies any more. Lemkin (@jasonlk) January 31, 2015.

LP 150

LP Technical Review Deal Flow 150

Start Up Blog

APRIL 29, 2013

We now live in an anarconomy where entrepreneurs are making counter moves to disrupt the status quo so they can redefine commercial landscapes. Technology Poverty – Every revolution has its downsides – those who miss out. Technology is bringing about a new form of poverty to those who don’t have equal access to it.

Uruguay 123

Uruguay Technical Review Vertical Las Vegas 123

Startup Lessons Learned

MAY 4, 2021

As you'll hear, BA became an entrepreneur without expecting to have to address such questions, but that's not how it's turned out. Brian is the CEO of Coinbase, a successful tech company, and one of 2021's most successful IPOs. I don't see any big tech companies that have great cultures that are doing fully remote. BA : Yeah.

IPO 113

IPO Cofounder Technical Review Government 113

David Teten

NOVEMBER 23, 2020

Here’s what I said: In your career in tech and VC, how has your focus on ESG responsibility changed over time? When we launched in 2010, I saw a white space: a burgeoning NY tech ecosystem, but only one angel group regularly writing checks. I quickly recruited a board of experienced hands.

Venture Capital 60

Venture Capital Partner Technical Review Cofounder 60