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. Relevance: In 2011 (mentioned on page 18 if you view the presentation), Facebook only had 11% of the world’s internet users on on its platform – the figure was at 50% in North America.

India 107

India North America Ukraine Silicon Valley 107

View from Seed

AUGUST 17, 2021

I can tell a story looking backwards why our LP base was carefully constructed. But in a lot of ways, the things that made magic happen between ourselves and our LPs was driven by timing, luck, chemistry, and other factors that were hard to predict at the time. What I was purporting was just “the greater fool theory”.

IRR 136

IRR Dilution Founder Portfolio 136

Feld Thoughts

DECEMBER 12, 2019

As an LP in USV, we are small indirect investors. All you have to do is connect the Helium hotspot to the Internet. We’ve ordered 50 hotspots and, with your help, will set up a LongFi network throughout Boulder. If you are asking, “What’s Helium?” We’ll handle the rest.

Networking 92

Networking LP Restful Internet 92

Austin Startup

AUGUST 10, 2017

This means that private keys — the keys that literally control the money — never touch the Internet. They helped us establish 2 GP entities, 2 LP entities, and 1 Cayman entity (for international investors) in ~2 months. We monitor the market and adjust our holdings as new information emerges and market conditions change.

Technical Review 48

Technical Review Cofounder Technical Cofounder Austin 48

Both Sides of the Table

MARCH 11, 2014

Last week displayed the best of LA last week for a gala event of all of Upfront’s portfolio companies + the CEOs of many of LA’s top technology companies + 75 VC firms from LA, SF, NY & Boston + 25 LP Funds + the Chairman of Yahoo! Maynard Webb) and the Mayor of Los Angeles, Eric Garcetti.

Los Angeles 318

Los Angeles Silicon Valley LP Warrant 318

VC Cafe

JULY 4, 2022

Another impact of the meltdown of the public markets is on performance, in LP and VC books which resulted in 68% of funds estimated to have marked down companies in their portfolio. For example, Klarna is rumoured to be raising $650M in fresh capital at $6.5 billion valuation, according to the WSJ, down from $45.6 billion in June 2021.

Venture Capital 167

Venture Capital Valuation Private Equity LP 167

Both Sides of the Table

MAY 19, 2013

In 2010 the City of Los Angeles started trying to crack down on tax receipts of Internet startups allocating them to the least favorable gross-receipts tax bracket taking up their city tax by 500%. To attract LP money to local VCs. Consider the case of LegalZoom, one of our cities great startups. The result?

Los Angeles 325

Los Angeles San Francisco LP Austin 325

Version One Ventures

JULY 31, 2018

Reporting for our investors, including writing quarterly updates and preparing LP advisory board meetings. Ideally, prior design or programming experience or work in an investment or Internet-related position. Performing market research and due diligence for potential investments. Data-driven thinking with good Excel modeling skills.

Hiring 166

Hiring San Francisco Advisory Board Due Diligence 166

Feld Thoughts

JULY 31, 2014

In addition to being an incredibly supportive investor in us from the beginning, this LP has become an extremely close friend. As I was walking home after dinner, I thought about the person who had introduced us to this LP. The wonderful dinner last night with the LP Fred introduced me to reminded me of this.

LP 155

LP Advisory Board Venture Capital Early Stage 155

Both Sides of the Table

FEBRUARY 6, 2019

If you get into the best deals it has never been a better time to be a VC or LP, and the best have developed strategies to capture more value Given that the best deals are pushing out their exit dates it means that many firms aren’t seeing as quick of liquidity as they might have 20 years ago. And this is about to grow even faster.”

Venture Capital 292

Venture Capital IPO Mezzanine Early Stage 292

Both Sides of the Table

MAY 25, 2013

But as an LP you can’t count on that any more than VCs can. The goal of an LP is to get into the top decile. When it went to raise its fund 10 years ago the rumor was that many LPs were disappointed with recent returns and did not re-up. In 2000 our industry had more than $100 billion in LP money. hours / day.

LP 374

LP Later Stage IRR Term Sheet 374

Both Sides of the Table

MAY 23, 2012

Thomson Reuters data shows that around $10 billion of LP money went into VCs per year pre bubble. By 2000 the total LP commitments had mushroomed to more than $100 billion. LP contributions to VC firms shrunk from 2000 and by 2005-2008 had stabilized to around $30 billion per year. The Funding Problem.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

David Teten

SEPTEMBER 23, 2017

Meyler Capital is taking the analytical rigor of modern internet marketing and applying it to fund marketing. A more efficient approach is to mine the data exhaust from the Limited Partner universe to identify those LPs most likely to find your fund attractive, and focus all your energy on them. 2) Raise capital.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

YoungUpstarts

NOVEMBER 18, 2018

More devices will inevitably be connected to the internet that feed information to the A.I. Along with the AI expect faster access to the internet. and Alarmforce LP, SkyBell Technologies, In August Home Inc., on the user preferences, needs and wants (Samsung – allows you to connect 250 devices).

Intellectual Property 157

Intellectual Property Forecast LLC Acquisition 157

Version One Ventures

JUNE 3, 2013

Helping with reporting for our investors, including writing quarterly updates and preparing LP advisory board meetings. Ideally, prior design or programming experience or work in an investment or internet-related position. Working with existing portfolio companies, including helping out with hiring, financial modeling, and research.

Hiring 156

Hiring North America Los Angeles Advisory Board 156

Agile VC

FEBRUARY 21, 2012

We recently completed the final close of NextView Ventures, LP and we’re excited about both our progress to date and our plans for the future. We make initial investments of $250-500K in the seed rounds of software and internet startups and reserve capital for follow-on rounds. AGILEVC My idle thoughts on tech startups.

LP 100

LP Seed Stage Silicon Valley Limited Partner 100

Feld Thoughts

MARCH 20, 2019

Since then, I’ve been a founder of a number of companies, a CTO of a public company that acquired my first company, an angel investor, a VC in two different firms that I helped start, and an LP in a bunch of VC firms. I finally realized a limit, and choose to abandon my operating roles and just be an investor.

LP 108

LP Angel Investor Cofounder Leadership 108

This is going to be BIG.

JANUARY 9, 2012

When I saw folks like Fred Wilson, who has a much bigger reach than I do, and all the major internet companies lining up against it, it’s easy to think, “Well, what more can I do to add to the volume… they’ve got it covered.” Senator Schumer spoke at Internet Week in 2011.

IP 131

IP New York LP Internet 131

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. There have been many difficult periods for the industry in my 13 year career as a VC, most notably after the internet and banking busts of 2000 and 2008, and I expect there will be more in the future.

LP 143

LP Europe Institutional Investors Venture Capital 143

David Teten

MARCH 2, 2013

He surmises that LPs aren’t buying the argument that large funds don’t perform. Beyond the fact that LP capital commitments don’t prove anything about returns, however, large funds are likely much more resilient to a few bad years than small funds are. But why would any LP ever drop out of such a fund?

LP 114

LP Securities and Exchange Commission Silicon Valley Venture Capital 114

David Teten

DECEMBER 3, 2019

Meyler Capital is taking the analytical rigor of modern internet marketing and applying it to fund marketing. . Tim Friedman, Founder, PE Stack , said, “If I could offer one piece of advice to today’s managers, it would be to take the time to understand the demands of the modern institutional LP.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Feld Thoughts

NOVEMBER 24, 2016

I eventually co-founded SoftBank Technology Partners (which became Mobius Venture Capital) and SoftBank (the corporation) became a 50% LP in Flatiron with Chase. The tension of the Internet bubble bursting hadn’t started yet, but I was already exhausted and negotiating basically all the time with everyone about everything.

Non-Compete 70

Non-Compete LP Venture Capital Affiliate 70

Up and Running

MAY 26, 2015

To register your business name this way, you’ll need to register your business structure, such as a limited liability company (LLC) or a limited partnership (LP), a corporation, or a nonprofit. Registering your LLC or LP: The rules governing LLCs and LPs will vary state to state, so be sure to check your specific state regulations.

Naming 60

Naming LLC Limited Liability Company LP 60

aweissman.com

JULY 31, 2007

It is not the time sink of the deal and diligence process, but maybe the lack of quality deal flow, too much LP money in the system, everyone wanting in on the Internet boom (again!), One could argue what really causes the compromise.

Venture Capital 20

Venture Capital LP Technical Review Deal Flow 20

The Equity Kicker

JULY 8, 2019

From around 2000, and perhaps coinciding with the need to work harder to win deals as opportunities dried up after the internet bubble burst, individual partners at VC firms began adding ‘helping CEOs win’ to their job descriptions. . The GP-LP structure used by most funds is a brake on innovation here too.

Portfolio 84

Portfolio LP Venture Capital Partner 84

Agile VC

JULY 19, 2012

Back in the 2000-2001 timeframe, a flood of LP capital was coming into the VC asset class given the strong returns of the mid-late 90s tech boom/bubble. In the midst of the internet & telecom meltdown at the beginning of the 2000s, as a firm CRV realized there were insufficient opportunities to profitably invest $1.2B.

Cofounder 193

Cofounder Limited Partner Early Stage LP 193

Feld Thoughts

APRIL 23, 2015

We had a blast together and as we went out to raise our Foundry 2007 fund, Scott made several introductions which resulted in two wonderful, long term LP relationships. Or that it would have worked great if only the Internet bubble hadn’t collapsed. A year or two later they had less than 3% market share on mobile.

Advisory Board 70

Advisory Board Venture Capital LP Seed Stage 70

Austin Startup

JULY 23, 2010

So why would you not think that internet retailers are interested in maximizing pricing as well? An item’s price is the price. But even Walmart (the epitome of brick and mortar) changes prices on some items daily, based upon sales and competitive intelligence.

Balance Sheet 67

Balance Sheet Private Equity LP IPO 67

ithacaVC

FEBRUARY 13, 2013

Someone who negotiates carry yet never sees a return, fights for attribution, tames cantankerous LP side-letter requests…. It had to be somebody who’d know-it-all-social, mobile, cleantech and greentech or the “internet of things”. Yet gentle enough not to squish dreams of MBA students. So, God made a VC! So, God made a VC!

Liquidation Preference 55

Liquidation Preference IRR Due Diligence LP 55

Start Up Blog

APRIL 4, 2011

Sales recorded music sold on a physical transportable device (Tapes, CD’s, LP’s et al) have declined 76.3% Cost of wages in labour intensive industry. Music Stores. In the past decade almost 80% of all music stores have closed down in the USA. in the past 10 years.

LP 118

LP New York Video Developer 118

Growthink Blog

AUGUST 14, 2010

And if you don’t have a $100 million bankroll and the very right connections to become a Kleiner or Sequoia LP, you’re not joining their club. YOUR big problem – your friendly neighborhood stockbroker (if they exist anymore) isn’t getting you in on any of these deals anytime soon.

Private Equity 67

Private Equity Intellectual Property IPO Venture Capital 67

thebarefootvc

MARCH 8, 2012

While the initial fund is $120M we will have access to ru-Net’s (the Russian LP) $700M of capital to support growth of portfolio companies and opportunistically invest at later stages where we can add value beyond capital. Startups are not immune to globalization and can accelerate growth if thinking globally from launch.

Silicon Valley 69

Silicon Valley Ghana Venture Capital India 69

Both Sides of the Table

JUNE 8, 2014

The “Infrastructure Phase” of the Internet … Before we had an Internet startup explosion we needed infrastructure which spawned the original tech startup community in Silicon Valley. The “Three C’s” of the Internet … The infrastructure and web services phases of the Internet are built.

Silicon Valley 390

Silicon Valley Kansas City Startup Venture Capital 390

Both Sides of the Table

JANUARY 16, 2012

There is all sorts of advice on the Internet about how to raise capital. I’ve raised in boom markets and when everybody thought the Internet was a fraud. And the great monetization engines of the Internet were built in LA – Overture (AdWords) & Applied Semantics (AdSense). Of course much of it is conflicting.

Developer 366

Developer Silicon Valley PR Las Vegas 366

Both Sides of the Table

NOVEMBER 15, 2014

Of course this can be done and of course I am a big proponent of the rise of startup centers across the country as the Internet has moved from the “infrastructure phase” to the “application phase” dominated by the three C’s: content, communications and commerce. I went to see several LP funds in Boston.

Community 369

Community Silicon Valley Chicago Boston 369

Both Sides of the Table

MARCH 3, 2013

In a discussion I had with Fred Wilson at the Invesco LP meeting Fred said the same about the influence of Clayton. Obviously that barrier has been brought down with low-cost ability to capture, stream and distribute content over the Internet. “Online education is truly going to kill us.”

Bankruptcy 403

Bankruptcy Offshore Liquidation Preference Balance Sheet 403

www.quora.com

SEPTEMBER 22, 2011

Type to Add and Search Questions; Search Topics and People Startups Startup Compensation Entrepreneurship Compensation Stock Options Major Internet Companies Silicon Valley Why is there such a large founder to early employee equity drop-off? They are not even investing with their own money, but with their LP's money. startupcto

Equity 40

Equity Employee Founder Cofounder 40