Both Sides of the Table

JUNE 22, 2011

Responses ranged from, “hey, they’re in a HUGE market&# to “it is an amazing company and their technology rocks.&# And this is happening in mezzanine (pre-IPO) deals as well. In the past I have publicly commented on some specific companies that seemed over valued. But everything has intrinsic value. You feel it, too.

Saudi Arabia 309

Saudi Arabia Valuation IPO Technical Review 309

David Teten

JANUARY 21, 2021

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. Versatile is particularly interested in fintech and salestech companies.

Equity 78

Equity Revenue Cofounder Colorado 78

K9 Ventures

OCTOBER 10, 2017

A $42M technology-focused Pre-Seed fund. Unless every aspect of product development is covered by founders who are only receiving equity, there are other parts of building a product that will require hiring highly qualified people. Series C/D is the new Mezzanine. This has been pretty much what K9 has been doing since 2013.

Seed Stage 82

Seed Stage Finance Later Stage Equity 82

Both Sides of the Table

JUNE 29, 2011

If you don’t want to read that post, the summary is: Open source computing drove computing costs down 90%, which spurred innovation in technology. As some of the last generation of startups have gotten bigger many VCs have also chased later-stage investments that were traditionally dominated by growth equity or mezzanine funds.

Venture Capital 296

Venture Capital Software LP Early Stage 296