View from Seed

JUNE 10, 2020

As we’ve shared, we intentionally wanted to flip the traditional Accelerator model on its head and offer a unique offering for entrepreneurs at the earliest of stages. But the emphasis of our program is the direct one-on-one interaction with NextView partners to help push the company forward.

Cofounder 177

Cofounder Syndicate Syndication Alabama 177

thebarefootvc

MAY 8, 2012

As an entrepreneur at heart, I often innately grasp the potential of entrepreneurs and ideas that I meet with. These days, I am seeing a large number of first time entrepreneurs with great ideas, which is fantastic to see. There is inherent risk taking when you haven’t done it before, which often leads to true innovation.

Venture Capital 78

Venture Capital Syndicate Syndication Bandwidth 78

Genuine VC

MAY 29, 2014

Yet even today, whether or not to take a (relatively) small check in a seed round syndicate from a multi-hundred million or even billion dollar fund is still a decision which takes quite a bit of consideration and sometimes consternation. So there is an element of (positive) selection bias in the larger VC syndicate cohort companies.

Syndicate 166

Syndicate Syndication Seed Stage Valuation 166

Agile VC

SEPTEMBER 15, 2011

The very strongest companies can still likely get out if they really wanted, but may not command the valuations they hoped for in more bullish times. Im a former Silicon Valley entrepreneur turned East Coast VC. My partner @ LeeHower looks back: [link] 5 days ago Search. I know we all really would like to know “when?”

IPO 100

IPO Marketing Silicon Valley Private Equity 100

View from Seed

APRIL 30, 2015

From a company milestones perspective, entrepreneurs who take on venture debt are almost always thinking about raising that next round of capital from other institutions. Use good judgment, talk to your co-founders/investors/lawyers, and partner with a bank that values transparency and relationships such as SVB.].

Term Sheet 120

Term Sheet Equity Startup Seed Stage 120

Both Sides of the Table

APRIL 27, 2014

Of course these are great places to network with other investors, meet great entrepreneurs and keep your connections strong with senior execs at larger companies like Yahoo!, But it’s very easy to be flattered into “here’s why we want YOU as an investor” by entrepreneurs and earlier-stage investors alike.

Cofounder 374

Cofounder Syndicate Syndication Early Stage 374

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

Gust

OCTOBER 20, 2011

In 2011, the valuation of pre-revenue, start-up companies is typically in the range of $1.5–$2.5 million and is established by negotiations between the entrepreneur and the angel investors. Scorecard Valuation Methodology. In most regions, the pre-money valuation does not vary significantly from one business sector to another.

Valuation 146

Valuation Pre-Money Valuation Intellectual Property Technical Review 146

View from Seed

AUGUST 20, 2014

It seems like a high-class problem for an entrepreneur to be able to influence round composition, and it is. How should an entrepreneur think about the different types of investors affecting their seed and Series A rounds? But I find that once a company has investor interest, many other folks tend to want to pile on.

Startup 301

Startup Syndicate Syndication Boston 301

Genuine VC

JULY 30, 2012

In theory, there are three levels of pricing for an entrepreneur to potentially signal to a prospective investor: Lower than “market.” This approach is almost never a good idea. By definition, all entrepreneurs should think that their endeavor is truly exceptional. Above market.

Valuation 136

Valuation Pre-Money Valuation Angel Investor Syndicate 136

Agile VC

FEBRUARY 28, 2012

Startups in NextView’s portfolio frequently receive inbound interest from other VC investors who are intrigued about what they’re doing, and I often talk with other early-stage entrepreneurs how to approach similar situations. At the end of the day it’s your company and your time… be intentional about what you do.

Early Stage 100

Early Stage Syndicate Syndication Silicon Valley 100

Feld Thoughts

AUGUST 10, 2010

My partner Seth Levine has a detailed post up today titled Trada – from the beginning that describes the creation and financing of Trada. In this case neither Niel (nor I) had any interest in creating a traditional syndicate to fund the company. Executing against that idea is another matter.

Syndicate 120

Syndicate Syndication Angel Financing Finance 120

Both Sides of the Table

AUGUST 1, 2010

Many (Union Square Ventures, Foundry Group, True Ventures, GRP Partners, Mike Hirshland at Polaris Ventures) do it the right way – we treat it as a normal investment and we don’t have a “options&# strategy with our investment. Many firms do it in a way that can be more detrimental to entrepreneurs.

Post-Money Valuation 298

Post-Money Valuation Term Sheet Warrant Partner 298

Agile VC

MAY 21, 2012

There’s also a meaningful cohort of newly public companies that now have valuations of $1B+ who could seriously contemplate an acquisition of $100M+ for stock or cash… Yelp, Zillow, Tripadvisor, Jive Software, Splunk, and others. Im a former Silicon Valley entrepreneur turned East Coast VC. Pingback: this. Pingback: [link].

Acquisition 162

Acquisition Silicon Valley B2B Seed Stage 162

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

Rob Go

MARCH 10, 2012

Valuation Discipline. We have a pretty strong sense of what realistic valuation ranges are and aren’t for seed stage companies. This equates to 3-4 new investments per year per partner, which is the pace at which we think we can be very active with companies during their first few years of life.

Seed Stage 49

Seed Stage Syndicate Syndication Marketing 49

Agile VC

SEPTEMBER 27, 2011

Providence Equity invested $100M at a $1B valuation not because of their technology or product, but because the network owners contributed a lot of valuable content… or at least access to it for 2years. Im a former Silicon Valley entrepreneur turned East Coast VC. My partner @ LeeHower looks back: [link] 5 days ago Search.

Silicon Valley 100

Silicon Valley Seed Stage Syndicate Syndication 100

Professor VC

JANUARY 17, 2008

I think the title of this post is a TV show, but fitting as there has been much debate in the venture community as to the whether angel investors are good or bad for entrepreneurs and VCs. One of my comments was that we would likely see more institutionalization of angel groups and syndication of deals among groups.

Pre-Money Valuation 28

Pre-Money Valuation Angel Investor Angel Groups Valuation 28

Professor VC

JULY 25, 2013

This is the feeling you get from watching the venture capitalists talk about the entrepreneurs and other investors in the film. I''m all for transparency, but won''t be naming names in this post as I don''t want to put some entrepreneurs in a difficult position. Startup outcomes tend to be very binary.

Term Sheet 46

Term Sheet Silicon Valley Syndicate Syndication 46

Agile VC

JANUARY 27, 2012

Multi-billion dollar valuations for late stage startups like Dropbox, et al. Im a former Silicon Valley entrepreneur turned East Coast VC. How to Evaluate Firms for a Seed VC Syndicate 10 July 2012, 5:13 pm What A VC Orders for Breakfast Says 27 June 2012, 10:16 am To Leave or Not to Leave as Your Startup Grows 12 June 2012, 12:21 pm.

Hockey Stick 113

Hockey Stick Seed Stage Silicon Valley Syndicate 113

Cracking the Code

DECEMBER 9, 2006

Done deal: after a quick syndication with the kitchen team (their job was at stake, so they were easy to convince.), Philippe Botteri Accel Partners London, UK My Bio. Detailed SaaS Spreadsheet (Valuation and CAC benchmark). SaaS 13 Index Valuation. Bessemer Venture Partners Expands BVP VII Fund. Post a Comment.

Software Review 48

Software Review Technical Review Europe Venture Capital 48

Babbling VC

JANUARY 7, 2011

Valuations were also therefore lower and I believe you could extrapolate that exit valuations too were lower. Exits with "homerun valuations" such as Skype, MySql, Bebo and so forth are far more outliers in the EU than they ever would be in the US. . Further, VC's will have to simply learn to syndicate more and work together.

Finance 76

Finance LP Europe Valuation 76

View from Seed

JANUARY 28, 2016

On Wednesday, my partner David wrote about how we’ve been using our office space (and network and other resources) to support pre-seed companies. But let’s make this more concrete in the context of an entrepreneur raising a round: How NextView Approaches Pre-Seed Rounds. You can find that here.

Cofounder 120

Cofounder Finance Founder Syndicate 120

Both Sides of the Table

APRIL 3, 2010

I know many super experienced entrepreneurs who don’t understand the basics of how fund size and age can affect them so I thought it was worth establishing a baseline. First, if the VC does 15-20 of these under one partner then it is certain he can’t spend any time with these investments. And they don’t.

Venture Capital 265

Venture Capital Term Sheet Early Stage Silicon Valley 265

Both Sides of the Table

FEBRUARY 25, 2010

A reminder that it is important for all entrepreneurs is to remember to be careful about “deal drift.” We were trying to optimize around a few criteria: price, size of round, number of syndicate partners and, of course, terms. million at a $15 million pre-money valuation. We ended up agreeing a term sheet for $16.5

Technical Review 301

Technical Review Term Sheet Due Diligence Venture Capital 301

Agile VC

FEBRUARY 2, 2012

My partner Rob also wondered if Facebook is the next Yahoo! , These companies report gross ad revenue but then subtract out “TAC” (Traffic Acquisition Costs) which is basically accounting-speak for the revenue share they pay to the partner sites where the ads actually appear. or the next Google. Read More ».

IPO 100

IPO South Korea Venezuela Revenue 100

Austin Startup

DECEMBER 20, 2010

A group of seasoned Austin technology entrepreneurs and executives are announcing the formation of their new company, Mass Relevance , to help consumer brand use real-time social content to drive engagement on television, the web, and in the mobile world. Mass Relevance is this company.&#. To what do you attribute that rapid success?

Curation 118

Curation Austin Cofounder Ruby 118

Rob Go

JANUARY 7, 2013

We have pretty strong guidelines internally about how much capital we want to invest in a given company, at what valuation, and thus, what ownership we are looking for. This equates to 3-4 investments that are “led” internally by each partner. Tom Brady Entrepreneurs: 8. Introduced by other entrepreneurs: 6.

Portfolio 49

Portfolio Seed Stage Cofounder B2B 49

Both Sides of the Table

NOVEMBER 8, 2010

The founders felt that having a legitimate site for content would discourage Silicon Valley VC’s from funding entrepreneurs to create the next big TV killer. I might talk openly about how Hulu is my partner, while simultaneously launching an iPad player before hulu does (as ABC did) – even when I’m a shareholder.

Video 292

Video Technical Review Advertising Distribution 292

Rob Go

JANUARY 28, 2016

On Wednesday, my partner David wrote about how we’ve been using our office space (and network and other resources) to support pre-seed companies. But let’s make this more concrete in the context of an entrepreneur raising a round: How NextView Approaches Pre-Seed Rounds. You can find that here.

Cofounder 28

Cofounder Finance Founder Syndicate 28

Duct Tape Marketing

DECEMBER 14, 2017

Basically started as somebody of how do we take photos of cars and the pricing and descriptions of the cars, and put it all in one place, but then syndicate it. At what point did you feel like you outgrew your ability, you and your partners, I guess in this case, ability to actually run that company? Matt Watson: Yeah.

Kansas City 39

Kansas City CTO Hire Las Vegas Software Developers 39

David Teten

NOVEMBER 15, 2013

Each new investor tends to raise valuations and lower returns for all the other competitive investors. In the asset management industry, the norm is that the General Partner puts in 1-2% of the total assets under management. However, the asset management industry collectively plays a near-zero-sum game. Photo credit: JD Hancock.

Management 114

Management Pre-Money Valuation Venture Capital New Hampshire 114

Professor VC

MARCH 12, 2015

The above was the opening salvo of a controversial tweetstorm yesterday by my former student and 500 Startups founding partner, Dave McClure (full venom below). It was a great product addressing a large market opportunity and was interested in seeing how the AngelList syndicate process worked.

Syndicate 28

Syndicate Syndication Silicon Valley Common Stock 28

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

Feld Thoughts

AUGUST 1, 2018

The $750 million fund combines all of our prior fund strategies – our early stage, early growth, and partner fund investments – into a single fund. When we started Foundry Group, we had four equal partners. We now have seven equal partners. The seven partners all work directly with the companies and partner funds.

Syndicate 17

Syndicate Syndication IRR Canada 17

Hippoland

SEPTEMBER 17, 2017

I know that some investor down the road is going to be enamored with the team’s resume and will pick that team up at a higher valuation and fund them. Just a couple of years ago, AngelList announced their syndicate feature. But syndicates are logistically challenging. Or how well they execute.

Silicon Valley 48

Silicon Valley Syndicate Syndication Angel Investor 48

Hippoland

SEPTEMBER 17, 2017

I know that some investor down the road is going to be enamored with the team’s resume and will pick that team up at a higher valuation and fund them. Just a couple of years ago, AngelList announced their syndicate feature. But syndicates are logistically challenging. Or how well they execute.

Silicon Valley 48

Silicon Valley Syndicate Syndication Early Stage 48