Both Sides of the Table

JANUARY 19, 2015

Along with Greycroft, I was the first institutional investor in Maker Studios (sold to Disney for nearly $1 billion) and am still the largest investor in Mitu Network , the largest online video producer of Latino content. Any reader of this blog for a period of time will know that I’ve been long YouTube for years.

SEM 150

SEM Los Angeles Silicon Valley Acquisition 150

David Teten

SEPTEMBER 23, 2017

One global institutional investor is investigating setting up a large-scale co-investment vehicle, similar to Correlation Ventures, but focused on private equity transactions. This information is used to automate screening during origination.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

Austin Startup

OCTOBER 27, 2017

I have seen it firsthand, and while it exists everywhere, it is directly correlated with (i) the number of investors willing to write checks into a particular ecosystem, and (ii) the degree to which entrepreneurs confidentially share information among each other on VC behavior, producing adverse selection issues for the real a s.

Founder 48

Founder Cap Table Preferred Stock Common Stock 48

David Teten

MARCH 24, 2014

For Professional Institutional investors: agency risk is a huge problem. The firm hires a lot of PhDs to do research and come out with a wonder drug, and then markets it widely with tons of PR. It is not investment performance. So the retail market is notoriously irrational. Imagine a biotech startup, Melchisedec Medicals.

Software Review 114

Software Review Due Diligence Venture Capital Portfolio 114