David Teten

DECEMBER 3, 2019

However, in private markets, there is more room to optimize across all 11 steps of the investing process: firm management , marketing, fundraising , origination , manage relationships, due diligence, negotiation, monitoring, portfolio acceleration , reporting, and. 1) Manage the firm . This is harder than it sounds.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

David Teten

JANUARY 9, 2013

In addition, as part of the program, I’ll be making my first public presentation of our research study on VC portfolio operations value creation. The group is about 22 people; managing directors, partners and COO’s of major investments firms in Morocco, Algeria, Libya, Mauritania, and Tunisia. More details.

Tunisia 114

Tunisia Libya Algeria Mauritania 114

David Teten

MAY 9, 2012

HBSAANY is comprised of New York City tri-state area Harvard alumni who are venture capitalists and other accredited investors investing in early-stage, private companies around the United States. HBSAANY members include venture capitalists, individual accredited investors, and other institutional investors.

Venture Capital 154

Venture Capital Programming Accredited Investor New York 154

David Teten

MARCH 28, 2012

The objective of the research is to define a blueprint for how investors can help portfolio companies succeed through operational (non-financial) support, including but not limited to facilitating shared services, recruiting, knowledge sharing, and enhancing management skills.

Portfolio 144

Portfolio Private Equity Venture Capital Early Stage 144

David Teten

FEBRUARY 3, 2014

We drew on our work with leading institutional investors and in-depth interviews with over 150 funds. Many private equity funds we interviewed for the Journal of Private Equity study view a CEO over age 60, or a family-run company that hires an outside manager, as a tell that the firm may welcome an outside investor.

Private Equity 114

Private Equity Venture Capital Technical Review Equity 114

Both Sides of the Table

MAY 23, 2012

For starters we saw a huge influx of inexperienced managers enter the VC industry proving clearly that being a VC is not a purely quantitative job. IPO markets had burned an entire cycle of retail stock investors and many institutional investors to boot. Just why does over-funding dampen returns?

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

David Teten

NOVEMBER 15, 2013

Since I became an institutional investor, my #1 learning is: this is a highly unusual and somewhat baffling industry. Asset management also shows the traditional earmarks of an industry ripe for disruption — most obviously, unhappy customers and extremely profitable incumbents.

Management 114

Management Pre-Money Valuation Venture Capital New Hampshire 114

The Startup Magazine

JULY 20, 2021

He later joined the O’Hara Administration, an investment and asset management firm, where he manages the firm’s investment strategy and fund-raising initiatives. Betancourt Lopez began the Hawkers transformation by fixing the operational issues that had caused the company to struggle. Growing Hawkers.

Viral 156

Viral Private Equity Venezuela Los Angeles 156

VC Cafe

MARCH 8, 2010

billion (net management fees and operational expenses). Koby Simana, IVC CEO, said: “foreign institutional investors – who before the crisis had been the lead source of capital invested in Israeli funds – have suffered serious losses due to the credit crunch.

IRR 74

IRR Venture Capital Institutional Investors 74

Startup Professionals Musings

MARCH 9, 2018

Cohen and John Kador, in their classic book “ What Every Angel Investor Wants You to Know ,” includes these great points of practical advice on this subject: Manage expectations before the fact. That’s why it is better to use institutional investors and loans when you are able, with realistic time frame expectations.

Cram Down 148

Cram Down Angel Investor Equity Dividend 148

Startup Professionals Musings

OCTOBER 10, 2014

Cohen and John Kador, in their recent book “ What Every Angel Investor Wants You to Know ,” includes these best points of practical advice I’ve seen recently on this subject: Manage expectations before the fact. That’s why it is better to use institutional investors and loans when you are able, with realistic time frame expectations.

Founder 254

Founder Cram Down Angel Investor Equity 254

A Smart Bear: Startups and Marketing for Geeks

JULY 24, 2012

It’s rich contact management, event planning, notification services, and task management, but at the family level. We’ve got amazing calendar tools, we’ve got contact management tools. Venture capitalists are raising money from other investors, institutional investors who expect certain returns from us.

Silicon Valley 204

Silicon Valley Software Review Internet Technical Review 204

The Startup Magazine

FEBRUARY 6, 2020

The buyers (or lessees) in these transactions are pension funds, insurance companies, or private equity representing other institutions. Investors seek returns of ~10-15% that are predictable, secure, uncorrelated to other asset classes, and inflation adjusted.

Private Equity 129

Private Equity New York City Chicago Investment Bankers 129

Hunter Walker

SEPTEMBER 29, 2022

Starting a venture capital blog post with 1970s country music lyrics is pretty uncommon, but so is writing about when and why an investor might choose to sell equity before the company exits. Below I’ll share some of the principles we use at Homebrew , knowing that there’s not really a single ‘right’ answer for a fund manager.

Venture Capital 122

Venture Capital Cap Table LP Equity 122

David Teten

SEPTEMBER 23, 2017

In venture capital in particular, early-stage companies are often operating in frontier industries, where the rules are unpredictable and conventional analytic frameworks may be misleading. A major angel group used Influitive , an advocate management tool, to track, activate and motivate their members. 4) Manage deal flow.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

View from Seed

OCTOBER 29, 2014

The income these investments generate then help fund the operations of those organizations or capital investment (e.g. Some institutional investors simply aren’t big enough to have in-house employees to vet and manage a portfolio of VC funds. new buildings, etc). The first is a staff constraint.

LP 335

LP Private Equity Institutional Investors Venture Capital 335

The Next Web

JANUARY 16, 2014

Secondly, because he had single-handedly managed to achieve something that my adopted startup hometown of London (despite a fair amount of wailing and hand-wringing) has not yet achieved; namely, an incredibly successful public flotation of a homegrown tech company listing on the local market.

Australia 146

Australia San Francisco IPO Cofounder 146

Startup Professionals Musings

APRIL 17, 2013

Cohen and John Kador, in their new book “ What Every Angel Investor Wants You to Know ,” includes these best points of practical advice I’ve seen recently on this subject: Manage expectations before the fact. That’s why it is better to use institutional investors and loans when you are able, with realistic time frame expectations.

Cram Down 230

Cram Down Angel Investor Equity Dividend 230

Agile VC

OCTOBER 29, 2014

The income these investments generate then help fund the operations of those organizations or capital investment (e.g. Some institutional investors simply aren’t big enough to have in-house employees to vet and manage a portfolio of VC funds. new buildings, etc). The first is a staff constraint.

Venture Capital 279

Venture Capital LP Private Equity Institutional Investors 279

The Startup Magazine

JULY 20, 2021

He later joined the O’Hara Administration, an investment and asset management firm, where he manages the firm’s investment strategy and fund-raising initiatives. Betancourt Lopez began the Hawkers transformation by fixing the operational issues that had caused the company to struggle. Growing Hawkers.

Viral 78

Viral Private Equity Venezuela Los Angeles 78

Startup Professionals Musings

NOVEMBER 11, 2015

Cohen and John Kador, in their classic book “ What Every Angel Investor Wants You to Know ,” includes these best points of practical advice I’ve seen recently on this subject: Manage expectations before the fact. That’s why it is better to use institutional investors and loans when you are able, with realistic time frame expectations.

Cram Down 120

Cram Down Angel Investor Equity Dividend 120

David Teten

JULY 12, 2017

When I meet with other VCs, family offices, and other institutional investors, the most common question I get is: “What are the highest-potential companies in your portfolio which are raising now?” 2) Investors with very specific value-add. Sometimes we’ll reach out to individual angels, not just funds and family offices.

Syndicate 60

Syndicate Syndication Institutional Investors LP 60

Women Entrepreneurs Can

JUNE 11, 2021

Stock markets are a common platform where individual and institutional investors come together to buy and sell shares. The key factors to be kept in mind during Portfolio investment are that it is a passive investment compared to hands-on management. For the people, it becomes a mode to earn income. Criteria for Buying Stocks.

Stock 52

Stock Securities and Exchange Commission Portfolio Dividend 52

Startup Company Lawyer

MARCH 12, 2009

If a C corp generates net operating losses rather than net income, these are carried forward to offset future corporate taxable income. However, such operating losses may not be used to offset taxable income of the individual shareholders. Such inflexible features are typically unattractive to venture investors. Fundraising.

LLC 61

LLC Stock Options Preferred Stock Stock 61

VC Cafe

FEBRUARY 6, 2011

My key takeaways from talking to roughly 40 institutional investors in the valley about investing to an European startup are: Traction cures all ills. Not literally, but one big surprise to me was that in the 40 odd investor meetings I had, I managed to open the deck probably only 5-10 times. Simplify, practice.

Silicon Valley 104

Silicon Valley Startup Seed Stage Delaware 104

YoungUpstarts

JUNE 28, 2012

Soyka, author of “ Creating a Sustainable Organization: Approaches for Enhancing Corporate Value Through Sustainability “ For many companies, environmentally sound operations are an important organizational value to embrace, both from a customer perspective and to attract and retain employees.

Green 154

Green Institutional Investors Employee Hosting 154

The Equity Kicker

JANUARY 11, 2013

I was chatting with a friend last night about the lack of institutional investor (LP) interest in European venture capital as an asset class. I think that if you believed everything in the table above and you backed yourself to be able pick a good fund manager you would be pretty keen on investing in European venture.

LP 143

LP Europe Institutional Investors Venture Capital 143

Steve Blank

JUNE 17, 2011

They manage this all with knowledge of the game they’re playing, but they don’t hype it, talk about it or fan the flames. What no one tells the Marks is that as they’re buying, the smart money and institutional investors are quietly pulling out and selling their assets. They know others will.

Investment Bankers 310

Investment Bankers Stock Valuation Venture Capital 310

ithacaVC

DECEMBER 22, 2012

There are many angel investors that rarely take or want a board seat. It is not their operating model. My subjective view is that once a company raises money from a few institutional investors over $400K – $500K in total that the company should have an investor representative on the board. Fair point.

Seed Stage 82

Seed Stage Preferred Stock Founder Angel Investor 82

Hunter Walker

MAY 18, 2015

For an investor like Irvine, who can embrace the asset class’ illiquidity and long time horizon, venture has produced significant returns with less capital at risk. These managers sit in our Privates bucket and are therefore expected to beat the public markets by at least 4.5%. What would your advice be?

LP 48

LP Portfolio Early Stage Institutional Investors 48

Reid Hoffman

OCTOBER 5, 2020

Most IPOs are managed by a handful of investment banks who run a roadshow to sell stock to risk-averse institutional investors. The historical precedent is on our side; McKinsey recently wrote that the subset of operator-led SPACs outperformed their market sector and strongly outperformed non-operator-led SPACs.

Venture Capital 28

Venture Capital IPO Cofounder Institutional Investors 28

Both Sides of the Table

MAY 23, 2010

There is a primary reason that inside investors give companies convertible debt rather than just giving you the money as equity. VC’s money comes from mostly institutional investors called LPs (limited partners). You might have legitimate concerns that warrant not funding the ongoing operations.

Startup 290

Startup Burn Rate Warrant Bankruptcy 290

This is going to be BIG.

FEBRUARY 23, 2016

You attend annual meetings and hop on investor calls as a means of oversight and to help you decide whether or not to invest in a future fund. For the VC that means if you're returning money to your institutional investors, that's about all you need to worry about. If you're an individual, you've probably put in less money, so.

Limited Partner 60

Limited Partner Venture Capital Partner LP 60

Both Sides of the Table

OCTOBER 1, 2009

I can tell you first hand than bankers are out making road shows to gin up interest in VCs and institutional investors. You can’t get paid for sitting on the sidelines – I always tell people that when recessions start managers in large companies get rewarded for cutting costs. There is a lot of pent-up demand.

IPO 255

IPO Investment Bankers Venture Capital Marketing 255

Austin Startup

JUNE 4, 2017

Recently I was fortunate enough to have raised a seed funding round from a fantastic group of investors for my pre-product, pre-revenue B2B SaaS startup here in Austin, Texas. million round in SaaS management tool Meta SaaS Raising the round was a full-time job for four months. Mark Cuban leads $1.5 I found a great lead in Mark Cuban.

Austin 54

Austin Institutional Investors Angel Groups Deal Flow 54

Austin Startup

OCTOBER 27, 2017

The end-result of having these “founder submissive” investors is often immature management teams that aren’t able to effectively scale. Founder hostile” VCs are problematic because they push for the perspective of institutional investors to override those of all the other constituents on the cap table.

Founder 48

Founder Cap Table Preferred Stock Common Stock 48

VC Cafe

APRIL 8, 2010

The acquisition is a bitter-sweet end to the story of Veoh, which has raised $70 million since getting funded in 2005 from institutional investors (Goldman Sachs, Intel Capital, Shelter Capital and Spark Capital among others) and big media companies such as ABC, CBS and Warner Brothers.

Bankruptcy 74

Bankruptcy Early Stage Merger Institutional Investors 74