Both Sides of the Table

OCTOBER 26, 2020

and of course a relentless pursuit of helping founders succeed. So mostly we just had to listen to customer feedback from founders, VCs and LPs. I called an (ex) LP to tell him about her and my goals for her. I’ll help own functions but I mostly just want to back great founders and not have to own all the other BS.”

Partner 361

Partner Management Cofounder San Francisco 361

Both Sides of the Table

MAY 20, 2018

Investors are human, after all Come up with a valid reason because they know in communicating with founders if there’s no reason to say “no” you can generate bad will Risk missing out on an inflection point: Investors of course are also concerned about saying “no” too early in the process when they can “hang around the rim” and see what happens?

LP 189

LP Software Review Europe Founder 189

View from Seed

JANUARY 27, 2021

What hasn’t changed is that our heart lies in working with founders to find product/market fit and to begin to grow. We are also pleased that we have been one of the few firms that have had zero turnover among the founders, have been able to expand and level-up our partnership, and have enjoyed almost no organizational drama.

LP 411

LP Early Stage Seed Stage Venture Capital 411

Both Sides of the Table

JUNE 22, 2021

I counsel first-time VCs (as well as founders) to have mid-funnel strategies to get from first LP meeting to close and to put a disproportionate amount of time into this area (I say more about this on the podcast starting at timecode 27:41). It’s the mid and bottom funnel that’s hard.

LP 375

LP Southern California Los Angeles Differentiation 375

View from Seed

AUGUST 17, 2021

A few weeks ago, we hosted a small dinner for a number of portfolio company founders, LP’s, and friends of the firm. It’s by far the longest time I’ve spent working on any one thing, and I feel very blessed to have been able to work with my partners, colleagues, founders, and collaborators. This one is controversial.

IRR 205

IRR Dilution Founder Portfolio 205

Both Sides of the Table

FEBRUARY 20, 2019

One of the things that founders have the most angst about is whom they should have on their board and at what stage of the business. Why you should set up a board at the seed round of funding I know these days with SAFE documents and rolling convertible notes many founders prefer not to set up a board early on.

Venture Capital 236

Venture Capital Startup Angel Investor Silicon Valley 236

View from Seed

AUGUST 17, 2021

A few weeks ago, we hosted a small dinner for a number of portfolio company founders, LP’s, and friends of the firm. It’s by far the longest time I’ve spent working on any one thing, and I feel very blessed to have been able to work with my partners, colleagues, founders, and collaborators. This one is controversial.

IRR 156

IRR Dilution Founder Portfolio 156

David Teten

MAY 20, 2016

Founders/C-suite executives at technology companies primarily focused on working with investors in private markets. I’ve also made significant engineering contributions to our two other platforms, Admin (back-end portal for our data team) and Access (LP dashboard). who use tech solutions in their day-to-day process.

Private Equity 113

Private Equity Equity Cap Table Venture Capital 113

View from Seed

AUGUST 17, 2021

A few weeks ago, we hosted a small dinner for a number of portfolio company founders, LP’s, and friends of the firm. It’s by far the longest time I’ve spent working on any one thing, and I feel very blessed to have been able to work with my partners, colleagues, founders, and collaborators. This one is controversial.

IRR 136

IRR Dilution Founder Portfolio 136

Both Sides of the Table

MARCH 24, 2014

Getting Exits / Driving LP Returns: This was always the knock on me. I’ve now been involved with many other successful foll0w-on financings. So I think it’s now fair to rate me at 9/10 on follow-on fundings. The monkey on my back. “Ok, so this guy can write a blog and source deals but can he make any money?”

Los Angeles 387

Los Angeles Intellectual Property Venture Capital LP 387

Version One Ventures

JANUARY 31, 2024

The first is the fund that you would ideally raise if LP capital was not a constraining factor. Given this, LPs today are focused on the depth of the investing experience of a new GP and any emerging manager should address this heads-on in their deck and LP communications. Things are much different now.

LP 73

LP Differentiation Deal Flow India 73

Both Sides of the Table

JULY 16, 2010

Consumers pulled their money out of these risky investments, but when LPs make commitments to VC funds they make 10-year, legally binding commitments. So as of 2008 total LP commitments were still at nearly $250 billion. I was at dinner with a large LP and mentioned that I had heard the industry would shrink by 50%.

Technical Review 311

Technical Review LP Early Stage Silicon Valley 311

Both Sides of the Table

OCTOBER 12, 2014

But with the massive growth of seed funds being raised and the huge value increase of prorata rights many more LPs have stepped in to take their VC (industry term is GP) position. What would you do as an LP fund if you backed a seed-stage GP who had a position in Twitter, Pinterest, etc. Why prorata rights are being guarded by VCs.

Technical Review 336

Technical Review Later Stage Early Stage LP 336

YoungUpstarts

OCTOBER 23, 2017

by Joe Duncan, founder of Duncan Capital LP. Founder of Duncan Capital LP , Joe Duncan is a FinTech entrepreneur, with a strong background in Cryptocurrency and Artificial Intelligence. Fintech is triggering a profound rethink for financial institutions, from retail to investment banking.

Technical Review 131

Technical Review Artificial Inteligence Software Review LP 131

This is going to be BIG.

OCTOBER 12, 2020

One of my founders texted me, “What are you telling people to do about the Coronavirus?” I took my last LP meeting the first week of March and clearly, I didn’t close anyone that I had met with at that time. It’s not the telling my story or that of the founders I’ve backed. It was the first anyone had asked me about it.

LP 136

LP Technical Review Software Review Valuation 136

David Teten

MARCH 14, 2018

Managers of VC funds typically want to grow their business aggressively, just like the founders we back. Among the sites we have found most helpful with practical guides for founders: Biztree , First Search , Foundersuite , Goodwin Founders Workbench , Guides.co , Inc.com , and StartupRocket. .

Private Equity 60

Private Equity Venture Capital Equity Cofounder 60

Eric Friedman

DECEMBER 27, 2021

Maybe the founders are the micro VCs we have been waiting for? Funds and people are looking to take a set multiple on SaaS companies and provide liquidity to founders and VCs and run the underlying companies for profit with their own infrastructure. This sort of happened. 6/ I don’t get the vaccine for COVID19 (but want too!).

Balance Sheet 97

Balance Sheet Stock Private Equity Option Pool 97

Both Sides of the Table

MAY 27, 2013

But the thing I am most proud of about Rob is that he has taken a company with a uniquely talented founder & CTO – Nick Halstead – and managed to build a very tight working relationship with Nick where we drive world-class product development without having the usual founder / CEO conflicts.

Advisory Board 365

Advisory Board CTO Hire Fractional CTO Los Angeles 365

Hunter Walker

APRIL 27, 2014

Last week we held our first annual LP meeting, when venture funds get their investors together with updates on operations and results. Over the first year we’ve seen a steady increase in number of opportunities (thank you founders and co-investors!). We love our founders. Roughly 50% result in a first meeting.

LP 97

LP Cofounder Term Sheet Valuation 97

K9 Ventures

OCTOBER 21, 2023

As I mentioned in the meeting, I am grateful to the K9 Founders for allowing me to be along for the ride in the companies, and I am also thankful to the K9 LPs for allowing me to do what I love to do: build companies. I present my view of the startup ecosystem in each annual meeting to the LPs.

Seed Stage 80

Seed Stage LP Early Stage Founder 80

Both Sides of the Table

SEPTEMBER 22, 2012

“Why do founders want to take the VCs’ money? Founders will continue to take the “growth at all options” path that leads to privacy & trust creep at places like Quora. Instant growth = huge valuation from follow-on investors = big VC mark-up on our quarterly reports = LP interest. Growth, again.

Silicon Valley 390

Silicon Valley Venture Capital Startup Technical Review 390

Both Sides of the Table

FEBRUARY 25, 2019

Your role as a founder who brings on board members should be to understand the importance of the team dynamic and try to foster better human relationships so that in the future when you need people to work together for a common purpose a trust and rapport has been formed. The founders of a company are fighting.

LP 269

LP Startup Burn Rate Stock Options 269

David Teten

JANUARY 19, 2021

From RBI, Flexible VCs borrow the ability to reap meaningful returns without demanding founders build for an exit. Every Flexible VC structure allows founders to access immediate risk capital while preserving exit, growth trajectory, and ownership optionality. . Flexible VC 102: Variations.

Cofounder 78

Cofounder Technical Review Dividend Equity 78

View from Seed

OCTOBER 11, 2022

At the seed stage and as companies scale, helping the founders I work with identify and reach their goals, personally and professionally, gives me energy and purpose. I made over a dozen angel investments and a few investments in VC funds as an LP, expanding my focus to new geographies, sectors, and stages.

North America 156

North America San Francisco Cap Table Cofounder 156

Both Sides of the Table

SEPTEMBER 29, 2013

” From the hyperbolic Jason Calacanis weighing in that “The petty VC’s did everything to deride [Naval, the co-founder of AngelList]” as though the industry was collectively s g its pants that AngelList was going to put us out of business. founder fighting. Must be doing something right! Bowery Capital).

Syndicate 356

Syndicate Syndication Cofounder Early Stage 356

Feld Thoughts

AUGUST 13, 2020

” I knew Austin from his time at TenOneTen Ventures (we are an LP) and I reconnected with him when he joined the Kauffman Fellows Program (Class 25). Over 90% of the selected companies are led by Black and Latinx founders, and the majority of founders are women.

Los Angeles 178

Los Angeles LP Cofounder B2B 178

Hunter Walker

AUGUST 8, 2023

Obvious caveats to my POV here, most specifically: exposure is limited to largely the US/SiliconValley ecosystem, driven by our own portfolio, my friends and co-investors, the funds I’m a LP in, and our institutional LP relationships.

Portfolio 98

Portfolio Cap Table LP Valuation 98

YoungUpstarts

JULY 15, 2020

by Dr. Jim White , founder and president of JL White International and bestselling author of “ Opportunity Investing: How To Revitalize Urban And Rural Communities With Opportunity Funds “ COVID-19 has disrupted the business world, and the “normal” of a few months ago may never return. and Growers Ice Company, Inc.,

Harvest 223

Harvest LP Community Founder 223

Hunter Walker

JANUARY 5, 2014

Meeting new founders while collaborating, recruiting, analyzing, doing whatever it takes, to help our current founders build strong companies. ” That means the founders are currently fundraising and we are at some stage of mutually getting to know each other. Doing what excites me and gives energy.

Software Review 102

Software Review Balance Sheet Cofounder Technical Review 102

Both Sides of the Table

FEBRUARY 26, 2014

But for now … Every year we run a big VC, LP & Tech Summit in Los Angeles (this year downtown) to showcase the best of our community and invite others from around the country. It is a CEO & founder gathering. The Mayor will come and talk about LA innovation.

Los Angeles 290

Los Angeles LP Startup Portfolio 290

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. Jan Koum, one of WhatsApp’s founders, immigrated to the US from Communist Ukraine as a teenager. He worked at Yahoo, where he met his co-founder. I gave a talk, titled “What in the World?”,

India 107

India North America Ukraine Silicon Valley 107

The Next Web

JUNE 27, 2013

Arjun Dev Arora is the founder and CEO of ReTargeter. Arjun also serves as a member of the Young Entrepreneur Council, an LP at 500Startups, and is an angel investor and advisor to multiple Silicon Valley startups. Use the chat feature below to get it answered live.

Video 114

Video United States Investment Bankers Silicon Valley 114

Both Sides of the Table

FEBRUARY 18, 2017

This followed the firms founder Don Valentine handing leadership early to Mike Moritz and Doug Leone who then entrusted Jim Goetz. Yves didn’t want to step down — he is still as active as any partner on our team — but he wanted me to take responsibility for: Strategy, recruiting, team development, LP relations, financial planning, etc.

Leadership 161

Leadership LP Venture Capital Silicon Valley 161

Hunter Walker

AUGUST 24, 2014

It’s for reasons like these that I support getting startup founders some liquidity during their company’s first few years, perhaps as early as Series A financing when appropriate. At Homebrew we’ve backed many first time founders, many of whom have struck out on their own and are putting lots at risk.

Founder 108

Founder San Francisco Liquidity Event LP 108

The Next Web

JUNE 26, 2013

Streaming live on The Next Web, ReTargeter founder Arjun Dev Arora will answer questions from readers at 3 p.m. Arjun Dev Arora is the founder and CEO of ReTargeter. Arjun also serves as a member of the Young Entrepreneur Council, an LP at 500Startups, and is an angel investor and advisor to multiple Silicon Valley startups.

United States 114

United States Investment Bankers Silicon Valley Founder 114

Haystack

JUNE 1, 2018

From afar, in today’s environment of 500+ seed funds, SV Angel is held up as one of the canonical examples for its success at getting into superstar breakout companies (from Google all the way to Coinbase) and for its dogged pursuit of helping their founders. Yet for many, it didn’t come as a surprise.

LP 116

LP Global Social Media Portfolio 116

Both Sides of the Table

JANUARY 5, 2010

So we as VCs search for entrepreneurs/founders who have the whole package or as much of it as possible. If your idea is so amazing that it warrants my hard-earned angel money or the money of my LP investors from our fund then why should I take a risk on you if you won’t take a risk on yourself? Few people have it. Why should I be?

Entrepreneur 293

Entrepreneur CTO Hire South America Salary 293