Top 3 Mistakes Later Stage Founders Make

OnlyOnce

Last week , I blogged a podcast riff I did about the biggest mistakes early stage founders make and what to do about them. Here’s a summary of part 2 of what I said about later stage founders.

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.

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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. That marks a shift in the YC investment strategy which used to focus on younger businesses. When I started YC, most companies wrote their first line of code in the first week in the program.

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%. In the first half of 2011, Mid and late stage companies together raised $749 million, an increase of 108% from the first half of 2010 when mid and late stage companies attracted $360 million. Mid stage companies led capital raising with $249 million or 44 percent of the total capital raised.

Multicoin Capital Announces $430 Million Venture Fund III

SiliconHills

The Austin-based firm invests between $500,000 and $25 million in early-stage opportunities. It also finances later-stage projects up to $100 million or more. “We’ve

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. .

Why LP’s Passed on Seed Funds 10 Years Ago (And What’s Happened Since)

View from Seed

It turns out capital is not a weapon, especially in the early stages of building a business, and even experienced founders who can raise huge sums often realize this and right-size their asks. A year later, they did Coinbase and Instacart.

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5 Keys to Developing Trust and Leadership In A Crisis

Startup Professionals Musings

Forget about assigning blame until later, since that will only complicate matters and make it an emotional battle. Micro-management at a later stage only increases stress and slows progress. Every business leader expects to encounter one or more crises eventually.

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? Regardless of where your startup resides, you should always monitor where else in the world your product is gaining traction. Expanding to a new country can lead to a larger client base, a foothold in another market, more media exposure, and more investors.

10 Real World Hazards With Taking Your Startup Public

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 planned on taking their startup public, and making it big.

Playing the Long Game in Venture Capital

Both Sides of the Table

But markets have changed and I think investors, founders and experienced executives who want to join later-stage startups can all benefit from playing the long game. The abundance of late-stage capital is good for us all.

7 Reasons Why Every Business Leader Needs A Mentor

Startup Professionals Musings

We all probably thought that our initial ideas and the right products were the key, but realized later that business is all about win-win relationships with partners, team members, and customers.

8 Tips For Getting Your Startup Right The First Time

Startup Professionals Musings

You don’t have to be a heavily funded later stage startup to get access to “big data,” customer analytics, and metrics dashboards. Later cleanup can double your costs and risks.

Updating Your Seed Investors – Board Deck & Update Email Templates

View from Seed

Today I’m excited to announce the relaunch of our most popular resource ever: board meeting deck templates for seed-stage startups, now in conjunction with an investor update email template. We first released a version of the board meeting deck template template back in 2014 and then a revised version a couple of years later. Yet the landscape for the seed stage has evolved over that period. Founders should aspire to run your company as if it’s at the next stage.

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Accelerators Have Resources To KickStart Your Startup

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.

Meet the 32 Israeli Centaurs that reached $100M in ARR

VC Cafe

Sorry for the humbrag, but I’m proud to see Minute Media , our Remagine Ventures portfolio company (and our only later stage investment) on this prestigious list.

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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.

8 Ways To Get Your Business Going Without Investors

Startup Professionals Musings

Most new teams are geographically dispersed these days anyway, so paying rent for an office should be differed to later stages when revenue is plentiful. Defer your desire for expensive perks and vacations until later when you have time for them.

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…).

Accelerator Spotlight: Poplin

View from Seed

Pre-pregnancy care sets the stage for healthier parents – and by extension, healthier children. RH: What’s your favorite thing about being an early-stage founder? Company: Poplin. Founder: Alexandria DeVito.

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? Look no further than these 3 slides (from a presentation put together by our friends at Greenspring ). I don’t think much commentary is needed here. Average round size at Series A is increasing dramatically.

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Top 3 Mistakes Early Stage Founders Make

OnlyOnce

I divided my response into “early stage” and “later stage” founders. Here’s a summary of what I said about early stage founders. Next week: the later stage founder answer (link won’t be live until 12/16/2021).

500 Founders: Luke Campbell, Marta Meszaros, Andy Bowie & Abbe Hyde

NZ Entrepreneur

Startup founders should connect with other founders at similar stages to them, and ones who are a few steps ahead.”. Connecting with founders who are at later stages (~5+ years) are great but memories fade and their views on the past will be colored by the work they do today.

Money in the Bank vs Burn

VC Adventure

With the markets down significantly, financings (at least at the later stages) slowing down, and inflation and interest rates on the rise, perhaps now is a good time to talk about your burn rate.

7 Entrepreneur Questions To Select The Ideal Investor

Startup Professionals Musings

Angels are more likely to fund new entrepreneurs, and early-stage or seed rounds, while VCs tend to focus on entrepreneurs with a successful track record, and later stage rounds. In all cases, investors tend to invest in people, more than the idea, or even the stage of execution.

How good a leader are you?

Berkonomics

For many early-stage companies with outside investors, the goal is to ultimately sell the company or even go public, always at a significant increase in valuation over time. There are many roads to Rio, so they say.

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.

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.

[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. While it may be somewhat useful for later-stage companies, seed is our entire focus here at NextView Ventures and, predictably, on The View From Seed.

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?

State of VC 2.0

View from Seed

You’d expect the number to go down over time, but it’s notable that even 14 years later, VC funds are showing that a very significant % of value is still illiquid. So, four years later, DPI is still trying to catch up with TVPI from 2017.

In This Market, It’s a Great Time for a Mutual “Try Before You Buy”

Hunter Walk

Especially at early stage startups I’m convinced that while this is higher risk, it also sharpens the construction of the founding team, especially when you’re hiring people you haven’t worked with before. Product manager knows founders of a later-stage startup pretty well.

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. Later stage funding can be provided for startups that have fully matured with a wide user base and a working business model. by Marek Danyluk, managing partner at Space Executive.

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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? Regardless of where your startup resides, you should always monitor where else in the world your product is gaining traction. Expanding to a new country can lead to a larger client base, a foothold in another market, more media exposure, and more investors.

Coinbase

Version One Ventures

It was a much later stage for us than our typical pre-seed/seed investment. At Version One, we believe that we are best when we stay in our early-stage lane, but in this case, we felt very confident that we should make an exception to our investment focus. Today our portfolio company Coinbase went public via a direct listing. With an initial market cap of over $100b, it is one of the most valuable public listings of all times in the US.

IPO 101

On Funding?—?Shots on Goal

Both Sides of the Table

We tell our LPs the truth, which is that when we write the first check we think each one is going to be an amazing company but 10–15 years later it has been much hard to have predicted which would be the major fund drivers. Early-stage venture capital is about extreme winners.

State of VC 2.0

View from Seed

You’d expect the number to go down over time, but it’s notable that even 14 years later, VC funds are showing that a very significant % of value is still illiquid. So, four years later, DPI is still trying to catch up with TVPI from 2017.

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. Private equity firms are typically cash-flow oriented, later-stage investors, looking to invest in companies in excess of $10 million in revenues and $3 million in EBITDA (A company’s earnings before interest, taxes, depreciation, and amortization) in size.

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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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?

‘Inside Rounds’ Used to Be Bad. Sequoia & WhatsApp Changed Venture Forever

Hunter Walker

Now so many multistage firms also have some sort of growth/late stage vehicle it’s also possible to split an investment over time between those funds. Why Their Multibillion Dollar Outcome Flipped The Script. Pre-2014: Insider Rounds Are The Funding of Last Resort.

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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