Pascal's View

AUGUST 12, 2009

I liked the Friday, August 7 Wall Street Journal editorial, Washington vs. Silicon Valley , but it does not go far enough. Investors take risk in order to reap rewards.

IPO 28

IPO Silicon Valley Sweat Equity Merger 28

Hunter Walker

JUNE 29, 2014

I’m suprised how many founders – even multiple time entrepreneurs – are unfamiliar with the institutional investors that back most of the major venture funds. At Homebrew’s first annual meeting this past spring we invited founders and fund advisors to a dinner with our four major LPs.

Founder 99

Founder Institutional Investors Silicon Valley Portfolio 99

VC Cafe

FEBRUARY 6, 2011

VC investors rely heavily on referrals, but what should a non US startup do when looking to raise funding in Silicon Valley? How best can European startups land VC funding in the US / Sillicon Valley? For example, in response to “ How do I raise funds in Silicon Valley for a European-based startup ? &# Eyal S.

Silicon Valley 104

Silicon Valley Startup Seed Stage Delaware 104

Rob Go

OCTOBER 14, 2012

The others are mainly in Silicon Valley with some exceptions. About 75% of the portfolio companies that are at least 6 months old have successfully raised series A’s from good institutional investors at a nice valuation step-up from our initial investment. Geography: 18 of the 23 are in Boston or New York.

New Hampshire 50

New Hampshire Croatia Omaha Institutional Investors 50

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

Both Sides of the Table

SEPTEMBER 25, 2011

Institutional investors will always insist on pro-rata rights. Before explaining “super” pro-rata rights it’s important to understand the tension that often exists when you have a company performing very well and raising money from a large, brand name Silicon Valley investor.

Entrepreneur 310

Entrepreneur Dilution Finance Silicon Valley 310

Agile VC

FEBRUARY 21, 2012

We’re thrilled to have among our limited partners a select group of individuals from the startup ecosystem as well as several large institutional investors (including a university endowment, a corporate pension fund, and a multi-family office). Im a former Silicon Valley entrepreneur turned East Coast VC.

LP 100

LP Seed Stage Silicon Valley Limited Partner 100

ithacaVC

AUGUST 10, 2011

If the company has no institutional investors, then I think fully appropriate for the founders to concede to the request (which is inevitable) and give the personal guaranty. Silicon Valley Bank gets it. Perhaps the company has a bit of revenue, but certainly it is not profitable.

Founder 69

Founder SBA Silicon Valley Vesting 69

abovethecrowd.com

AUGUST 23, 2020

If you are looking past or through Covid — and why not, all of Wall Street is — the topic du jour in Silicon Valley is Special Purpose Acquisition Companies, or SPACs. The traditional way of going public is systematically broken and is robbing Silicon Valley founders, employees, and investors of billions of dollars each year.

IPO 118

IPO Silicon Valley Warrant Matching 118

A Smart Bear: Startups and Marketing for Geeks

JULY 24, 2012

Dan: My question is related to all this talk that I hear in the Silicon Valley about Internet scale. Trying to figure out how the Silicon Valley… again, my last venture was not built here. 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 Next Web

JANUARY 16, 2014

It will be a continued series of wins and IPOs to build confidence that the talent pool is deep here, so we can generate more capital and funds from institutional investors into the ecosystem.”. Key successes include Grabble , which was sold to Walmart Labs. Australia Entrepreneur Analysis and Opinion Investigations Lists Roundups'

Australia 146

Australia San Francisco IPO Cofounder 146

Steve Blank

OCTOBER 26, 2009

This is the first of two posts about the rise of “risk capital” and how it came to be associated with what became Silicon Valley. ———————– Building Blocks of Entrepreneurship By the mid 1950’s the groundwork for a culture and environment of entrepreneurship were taking shape on the east and west coasts of the United States.

Silicon Valley 159

Silicon Valley Securities and Exchange Commission Venture Capital RSS 159

David Teten

FEBRUARY 2, 2012

This is effectively a sequel to my study of best practices in deal origination , published last year in the Journal of Private Equity , Harvard Business Review , Institutional Investor , and Business Insider. As the former CEO of an Israeli startup with a (modest) US and UK presence, this is an obvious way to create more jobs here.

Government 146

Government Technical Review New York Offshore 146

Up and Running

MARCH 21, 2016

Particularly if you are a first-time entrepreneur, it will be much easier to get investments on good terms (particularly from non-institutional investors) if you have some traction first,” he explains. Investors want proof that your idea is going to work, and nothing proves this better than having real, paying customers.

Cofounder 60

Cofounder Angel Investor Metrics Silicon Valley 60

David Teten

FEBRUARY 3, 2014

We drew on our work with leading institutional investors and in-depth interviews with over 150 funds. Historically, institutional investors kept their investing strategy very discreet. We published the full report in the Journal of Private Equity ; it’s now the #2-most viewed article in the Journal’s history.

Private Equity 114

Private Equity Venture Capital Technical Review Equity 114

Austin Startup

AUGUST 1, 2017

While I work with a few companies in Silicon Valley, the vast majority of my clients are either in Austin or ecosystems that look much more like Austin than SV; “second tier” tech communities. The binary “get yacht-level rich or die trying” mindset is driven, first and foremost, by large institutional investors.

Liquidation Preference 48

Liquidation Preference Common Stock Valuation Silicon Valley 48

ReadWriteStart

APRIL 5, 2012

We had institutional public IPO buyers on the task force, they got two votes. (I There were CEOs and private investors, securities attorneys, the former head of [PriceWaterhouseCooper's] tech practice in Silicon Valley. Then we had some boutique investment banks, and I joke that they got half-a-vote.".

IPO 118

IPO SEC Silicon Valley Startup 118

Gust

OCTOBER 26, 2011

This is the norm for West Coast deals, but it’s often the case in dealing with East Coast investors (more commonly for VC financing rounds rather than angel seed rounds) that the lead investor wants its lawyers to draft the documents. Next section: Amendment.

Finance 79

Finance Term Sheet Covenant Accredited Investor 79

Pascal's View

MARCH 9, 2010

Susan Mangiero , CEO of Investment Governance’s Fiduciary X , asked me the following: Question: At a time when transparency is so important to institutional investors, how can fiduciaries reconcile that there is limited information available with a private company?

Government 31

Government Private Equity Institutional Investors Venture Capital 31

abovethecrowd.com

JUNE 2, 2021

According to an interview with Elon Musk, this campaign cost Paypal about $60 million , which most Silicon Valley historians would consider money well spent. On the demand side, the IPO process is limited to a handful of institutional investors and also ignores the vast majority of retail investors.

IPO 82

IPO Customer Matching Silicon Valley 82

Up and Running

DECEMBER 9, 2014

We’re building a True SaaS company in Boise, Idaho, not in Silicon Valley or not in New York. You have to invest in your company to grow. It teaches you to be—my approach has just been to do things differently. It’s weird. We’re growing like crazy.

Small Business 95

Small Business Finance Forecast Metrics 95