Why I Invested in Gogii (textPlus) – My First Ever Later Stage Deal

Both Sides of the Table

More on that later. This is a post I’ve been dying to write for 18 months. I invested in LA-based Gogii , one of the fastest growing, most exciting mobile social networking companies you’ve never heard of and maker of a product called textPlus. I know this because you’re not a young teenager. And if you are – what on earth are you reading such a boring blog as this?!? I only recently invested and I only got here through persistence. See, I originally lost this deal.

YC follows a well trodden path for investment firms: drifts later stage

The Equity Kicker

In the words of an alum from the 2006 cohort: Companies are joining YC at a much later stage. If you read this Techrunch post profiling 50 of the current YC companies you will notice that many of them are up and running with customers and revenues.

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First Half of 2011 Showed Boost in Later Stage VC Deals in Israel

VC Cafe

Mid stage companies accounted for the highest rate of investments in Q2 2011, attracting 44% of all capital invested and later stage followed, with 27%. Mid stage companies led capital raising with $249 million or 44 percent of the total capital raised.

Seed Investing

aweissman.com

It is about the fact that while venture funding statistics show larger funds and more later stage investing, there are still a wealth of early ventures being formed, and getting funded. skip to main | skip to sidebar. aweissman.com. Maximizing the serendipity around you. Jul 24, 2007. Seed Investing. I wrote a piece for the new Silicon Alley Insider site about seed investing in New York.

Announcing the Version One Opportunity Fund

Version One Ventures

This puts the VC firm and its investors in a position to continue to exercise their pro-rata rights in later-stage rounds instead of giving them up. .

The Changing Venture Market In 3 Images

VC Adventure

Venture is being increasingly driven by large rounds (especially at the later stages – this is significantly skewing the overall funding numbers that are being reported). Want to visualize how the venture funding market is changing?

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The Virus Survival Strategy For Your Startup

Steve Blank

If you’re an early stage company, that number may be zero. They triage their deals – first worrying about liquidity of their late stage deals which have the highest valuations. If they pull back, there will be a liquidity crunch for later stage startups (Series B, C…).

Free E-guide: The Bootstrapper’s Guide to Business Development

NZ Entrepreneur

While capital to large tech companies is increasing, smaller rounds for early-stage companies is drying up. This decline has also become evident in startup accelerator programs shifting their focus on later-stage scale-ups that provide higher returns. Building a tech startup?

How to Avoid a Cluttered Board Room

View from Seed

Here at NextView, we are strong proponents of creating a board at the seed stage. At the seed stage, we typically have three-person boards with two founders and one VC — though as companies grow at later stages, five-person boards and ultimately six- or seven-person boards become more common. I think having two or at most three VC board members is probably where this should cap out, even for later stage startups.

7 Ways To Use An Advisory Board To Accelerate Success

Startup Professionals Musings

If you have more, they better be major investors or partners who will likely be part of your formal Board of Directors at a later stage.

The Midas List Then and Now

View from Seed

In a few months, we are likely to see the annual Forbes Midas list of top performing early stage VC investors. First, let’s set the stage for this time period.

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The Opportunity / Growth Fund Trend

Feld Thoughts

With yesterday’s announcement that early-stage VC Greycroft has raised a $200 million growth fund , this type of fund has officially become a trend. ” Prior to this, plenty of VC firms invested across the early stage to late stage spectrum from the same fund (e.g.

[Checklist for Entrepreneurs] Critical Tasks to Complete After Raising Seed Capital

View from Seed

Raising venture capital at any stage of company growth requires tremendous effort from entrepreneurs. Note that this list was created specifically with seed-stage startups in mind.

Get Ready For Q115 Fundraising Insanity

Feld Thoughts

The number of large, “later stage” financings are remarkable – both in size and velocity. But they are often extremely frustrating to strong, mid and later stage companies growing 25%+ year over year. We are syndication agnostic and are happy to continue to finance strong, later stage companies in our portfolio with or without new co-investors.

Why we expanded our startup to South Korea

The Next Web

Additionally, if the expansion goes well, you’ll have also demonstrated the adaptability and versatility of your product on a world stage. So when your later stage startup is ready to expand, where should you go?

10 Realities Today Cause Startups To Bypass An IPO

Startup Professionals Musings

As best, you should reserve this option for later stage VC discussions, once you have a well-proven business model, large market following, and substantial revenue. In the old days, every entrepreneur dreamed of easily taking their startup public, and making it big.

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5 Ways Venture Capital Is Shaking Up The Tech Startup Landscape In Asia

YoungUpstarts

Venture capital fundraising can be divided into three stages: seed, early stage, and later stage. According to the same report by KPMG, the median deal size is the largest for later-stage funding, at $26 million.

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Nobody Announces Their Seed Round Anymore and That’s a Mistake

View from Seed

Seed stage companies just aren’t announcing their rounds anymore. It’s time to wake up and declare your seed stage startup to the world. The biggest challenge for most seed stage startups isn’t that the world is going to be paying too much attention to it, it’s that nobody is.

Savara Pharmaceuticals Buys Serendex Pharmaceuticals

SiliconHills

The addition of Serendex adds new drugs to its portofolio including Serendex’s flagship product, Molgradex, an inhaled drug in later stage clinical trials in Europe and Japan to treat autoimmune pulmonary alveolar proteinosis. Savara Pharmaceuticals, which creates drugs focused on rare respiratory diseases, announced it has acquired the assets of Serendex Pharmaceuticals.

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Can’t attract VC money? Buy a business with private equity

The Next Web

Venture capital firms are typically growth-oriented, early-stage investors looking for these proof-of-concept points before cutting a check. Venture capital investors are looking for different things than private equity investors.

Startups are never straight lines

K9 Ventures

” IMHO this was why @cartainc had such a hard time raising in the early stages. This is what makes early-stage investing so much more fun and exciting for me. I would be bored out of my mind if I were investing at later stages.

A Great Discussion with @skupor @davemcclure @msuster on Changes in the VC Industry

Both Sides of the Table

We both agree that the later-stage valuations are being driven up to a point that feels irrationally priced [he uses b-round SaaS valuations as an example and I am willing to be even more broad based]. Video 1 is here : Late stage valuations are in a mini bubble.

How to survive today’s volatility? Focus on what you can control

Version One Ventures

For later-stage start-ups, it’s always advisable to have a Plan B on how to get to profitability with existing cash in case funding markets dry up. The world seems more volatile than ever before. There’s an explosion in the number of issues, combined with an ever-accelerating news cycle to cover each issue 24 hours a day. Much of today’s uncertainty can impact start-ups… When will the US government shutdown end? Are we heading into a US-China trade war?

How Can This Be A Billion Dollar Company?

Feld Thoughts

I wish he had called it “This Unicorn Thing Is B t For Early Stage Investing” but I think he’s a little more restrained than I am. My original title for this post was “How Can This Be A Billion Dollar Company and other b t VCs ask early stage companies.”

Boost Your New Venture By Teaming With An Incubator

Startup Professionals Musings

Accelerators generally accept startups at a slightly later stage, and attempt to compress the timeline to commercialization into a few months, instead of a year or more. Peer-to-peer networking with other startups and founders in the same stage.

Our 2016 Foundry Group Fund and A Little History

Feld Thoughts

We subsequently raised a $225 million fund in 2010 , another one in 2013 , and a late stage fund in 2013. Except for our late stage fund, each of our funds has 30 investments (+/- 2) in it. Our late stage fund gave us flexibility to invest more money in our later stage companies.

How do you pay an early stage board?

Berkonomics

Many early stage CEOs and board members have asked for some guidance regarding pay and time commitments for board members. Email readers, continue here…] For lifestyle companies or later stage companies, board members should be paid on a per-meeting basis in cash.

The Rise of Chinese Venture Capital – (Part 3 of 5)

Steve Blank

The second wave of technology investors were Chinese banks, who provided the majority of the later stage investments in the Torch Program. It’s done it in a series of evolutionary stages, each new one learning from the last.

Some Quick Things Every Founder Should Know

Both Sides of the Table

One thing that comes with being a venture capitalist is you see hundreds and hundreds of businesses. You get to have interesting conversations with founders and review business plans and then see how these businesses evolve over the years.

Accelerate Your Startup With Help From An Incubator

Startup Professionals Musings

Accelerators generally accept startups at a slightly later stage, and attempt to compress the timeline to commercialization into a few months, instead of a year or more. Peer-to-peer networking with other startups and founders in the same stage.

Advice On How To Make Your First Analytics Hire

View from Seed

In reality, these two domains require quite different skill sets (more on this later). Recently, I’ve been working with a few of our portfolio companies to help them think about how to recruit and interview their first analytics hire.

OG Unicorns?—?Where Are They Now?

View from Seed

But as an early-stage VC investor I’m more impressed by a company that achieves a $500M enterprise value with <$25M of paid in capital than one that hits $1B with >$250M in funding.

Take only “smart money” investments

Berkonomics

These VC partners have relationships with later stage investors further up the food chain, with service providers, with potential “C” level senior managers, and with other CEO’s with great timely advice or partnering opportunities. Close.

European seed fund explosion – what does it mean?

The Equity Kicker

As you can see from the graphs below the number of seed funds is growing very fast whilst the number of later stage funds is flat. BrightSun have just published research on the number of seed funds in Europe.

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Reading the Tea Leaves: Where Am I in My Seed Fundraise, Really?

View from Seed

So you should be looking for this level signal and, if you’re getting it, know that it’s in the early stages but progressing in the right way. This is particularly true at the seed stage where NextView invests.

Introducing the New-Look NextView + Seed-Stage Startup Platform

View from Seed

We take board seats and want to stand shoulder-to-shoulder with founders at the seed stage to try to make the biggest possible impact. Although the definition of seed is changing, we are focused on being the first institutional investor for an early-stage company, and most of our investments are pre-traction. And our plan is to continue adding more and more to the resources section where we think it will be helpful to founders at the seed stage. (PS:

The Opportunity / Growth Fund Trend

Feld Thoughts

With yesterday’s announcement that early-stage VC Greycroft has raised a $200 million growth fund , this type of fund has officially become a trend. ” Prior to this, plenty of VC firms invested across the early stage to late stage spectrum from the same fund (e.g. Others had separate early stage funds and late stage funds, often with separate teams and economics (e.g. Foundry Group fund Greycroft growth late-stage opportunity select USV

Should We Take Harvard MBAs Seriously as Startup Founders? [New Data]

View from Seed

That’s a pretty astounding figure, especially when you consider that many students in the latter years of that cohort have yet to raise or have yet to raise later-stage, larger rounds.

Why 2017 Should be a Great Year to Raise Venture Capital

Both Sides of the Table

VCs don’t expect any serious corrections to valuations in 2017 and they seem to be taking financial discipline in later-stage companies more seriously valuing unit economics over “growth at any cost.”

3 tips to turbo-charge your hiring

Version One Ventures

Keep in mind that the job description will depend on the stage of your company. During the early stages, you are trying to hire athletes, not specialists. First hires should be like “swiss army knives,” able to take on multiple tasks at any stage and figure out how to solve problems. Your job description for hiring at this stage should focus on general capabilities. At later stages, you start hiring for specialists.

What Do Industry Insiders Think Will Happen in VC in 2016?

Both Sides of the Table

Frankly, it’s really hard to write checks at later-stage valuations when you know you’ll have to exit into the public markets or sell to a public-market company one day and the stocks are declining precipitously. “This is the year the tortoise may gain on the hare.”

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10 Negatives That Still Make Going Public A High Risk

Startup Professionals Musings

As best, you should reserve this option for later stage VC discussions, once you have a well-proven business model, large market following, and substantial revenue. In the old days, every entrepreneur dreamed of easily taking their startup public, and making it big.

Highlights from NextView’s inaugural Hiring Bootcamp

View from Seed

The quest for building such hiring machine is universal across companies at various stages. Last week, we hosted our very first portfolio-only Hiring Bootcamp in NYC, led by NextView’s talent advisor Kristen Caldwell.

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