Both Sides of the Table

FEBRUARY 24, 2011

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.

Later Stage 267

Later Stage South America Mobile Silicon Valley 267

The Equity Kicker

AUGUST 19, 2015

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.

Later Stage 143

Later Stage Private Equity Valuation Equity 143

VC Cafe

JULY 20, 2011

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.

Later Stage 104

Later Stage Israel Early Stage Seed Stage 104

aweissman.com

JULY 24, 2007

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.

Naming 20

Naming Later Stage New York 20

Version One Ventures

MARCH 8, 2020

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. .

Portfolio 107

Portfolio LP Later Stage Finance 107

VC Adventure

FEBRUARY 13, 2018

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?

IPO 93

IPO Later Stage Marketing Venture Capital 93

Steve Blank

MARCH 17, 2020

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…).

Burn Rate 271

Burn Rate Startup Azure Venture Capital 271

NZ Entrepreneur

FEBRUARY 27, 2020

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?

Developer 56

Developer Early Stage Later Stage Acquisition 56

View from Seed

MAY 18, 2016

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.

Seed Stage 184

Seed Stage Later Stage Government Founder 184

Startup Professionals Musings

FEBRUARY 29, 2020

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.

Advisory Board 175

Advisory Board Angel Investor Later Stage Stock 175

View from Seed

MARCH 4, 2020

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.

China 195

China Africa Venture Capital Partner 195

Feld Thoughts

JUNE 20, 2014

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.

Early Stage 194

Early Stage Syndicate Syndication Later Stage 194

View from Seed

JANUARY 5, 2015

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.

Seed Capital 338

Seed Capital Entrepreneur Seed Stage Venture Capital 338

Feld Thoughts

DECEMBER 10, 2014

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.

Later Stage 145

Later Stage Syndicate Syndication Finance 145

The Next Web

JULY 19, 2015

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?

South Korea 142

South Korea Silicon Valley United States Later Stage 142

Startup Professionals Musings

AUGUST 31, 2019

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.

IPO 237

IPO Prospectus SEC Startup 237

YoungUpstarts

NOVEMBER 19, 2017

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.

Asia 213

Asia Venture Capital Merger Vietnam 213

View from Seed

DECEMBER 6, 2018

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.

Seed Stage 225

Seed Stage Stealth Seed Capital Later Stage 225

SiliconHills

JUNE 22, 2016

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.

Japan 64

Japan Europe Later Stage Acquisition 64

The Next Web

JULY 24, 2015

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.

Private Equity 135

Private Equity Equity Venture Capital Early Stage 135

K9 Ventures

FEBRUARY 8, 2020

” 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.

Early Stage 75

Early Stage Later Stage Startup Portfolio 75

Both Sides of the Table

JULY 27, 2014

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.

Valuation 344

Valuation Pre-Money Valuation San Francisco Early Stage 344

Version One Ventures

JANUARY 23, 2019

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?

Burn Rate 79

Burn Rate China Later Stage Venture Capital 79

Feld Thoughts

JULY 13, 2014

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.”

Early Stage 200

Early Stage Later Stage Valuation Seed Stage 200

Startup Professionals Musings

NOVEMBER 4, 2018

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.

Incubator 247

Incubator Silicon Valley North America Small Business Administration 247

Feld Thoughts

JULY 30, 2015

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.

Minneapolis 195

Minneapolis Phoenix Portland LP 195

Berkonomics

MARCH 8, 2018

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.

Early Stage 109

Early Stage Vesting Stock Options Preferred Stock 109

Steve Blank

APRIL 12, 2013

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.

Venture Capital 247

Venture Capital Offshore China SBIR 247

Both Sides of the Table

JULY 17, 2018

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.

Founder 294

Founder Dilution Acquisition Revenue 294

Startup Professionals Musings

OCTOBER 17, 2016

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.

Incubator 327

Incubator Startup Silicon Valley Small Business Administration 327

View from Seed

FEBRUARY 27, 2019

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.

Analytics 181

Analytics Hiring SQL Forecast 181

View from Seed

DECEMBER 6, 2018

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.

Valuation 156

Valuation IPO San Francisco Silicon Valley 156

Berkonomics

FEBRUARY 8, 2018

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.

Covenant 105

Covenant Angel Investor Valuation Later Stage 105

The Equity Kicker

MARCH 10, 2014

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.

Europe 149

Europe Green Early Stage Later Stage 149

View from Seed

OCTOBER 22, 2015

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.

Term Sheet 263

Term Sheet Due Diligence Syndicate Syndication 263

View from Seed

OCTOBER 22, 2015

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:

Seed Stage 261

Seed Stage Startup Portfolio Institutional Investors 261

Feld Thoughts

JUNE 20, 2014

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

Early Stage 114

Early Stage Syndicate Syndication Later Stage 114

View from Seed

FEBRUARY 17, 2015

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.

Founder 343

Founder North America Brazil Stealth 343

Both Sides of the Table

MARCH 12, 2017

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.”

Venture Capital 341

Venture Capital LP Valuation China 341

Version One Ventures

JANUARY 15, 2019

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.

Hiring 99

Hiring Later Stage Early Stage Portfolio 99

Both Sides of the Table

FEBRUARY 4, 2016

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.”

LP 271

LP Valuation Burn Rate Pre-Money Valuation 271

Startup Professionals Musings

SEPTEMBER 11, 2017

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.

Prospectus 244

Prospectus SEC IPO Stock 244

View from Seed

JUNE 5, 2018

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.

Hiring 156

Hiring Metrics B2C Portfolio 156