David Teten

JANUARY 21, 2021

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. With a portfolio that includes food, tech, and services, the fund is industry-agnostic and focused on the overlooked and underrepresented with high-margin business models. Of Indie.VC’s portfolio, 60% of investments are not in NY, CA, or MA.

Equity 78

Equity Revenue Cofounder Colorado 78

David Teten

MARCH 18, 2021

Investment theses are just hypotheses; the portfolio shows how accurate the hypothesis was. USV invests in companies that increase “ access to knowledge, capital, and well-being by leveraging networks, platforms, and protocols ”. Investment theses are just hypotheses; the portfolio shows how accurate the hypothesis was.

Technical Review 78

Technical Review Cofounder Venture Capital Deal Flow 78

This is going to be BIG.

DECEMBER 3, 2020

The partner at the fund, the VC, gets to do the fun part—the meeting with founders, vetting deals, negotiating, helping, etc. Having a better overall portfolio of venture capital by adding funds into the mix. Access to the partner. Fund investing, like adulting, is boring. Access to other investors.

Portfolio 134

Portfolio Syndicate Syndication Deal Flow 134

David Teten

DECEMBER 12, 2017

(written by Philipp von dem Knesebeck , Managing Partner, Blue Future Partners (bluefp.com, @bluefutureteam ), and David Teten ). Based on this paper, Blue Future Partners and PEVCTech recently completed a large-scale survey to find out which tools are most commonly used by venture capital firms.

Early Stage 60

Early Stage Technical Review Software Review Venture Capital 60

David Teten

SEPTEMBER 23, 2017

PEVCTech is partnering with Blue Future Partners to run the first large-scale survey of VCs’ technology stack. Johann Kratzer of Blue Future Partners , a fund of funds, observed, “The majority of the hundreds of funds we’ve diligenced rely predominantly on their relationships to source deals. Greylock Partners.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

Both Sides of the Table

JULY 23, 2014

Limited Partners or LPs (the people who invest into VC funds) have taken notice as 2014 is by all accounts the busiest year for LPs since the Great Recession began. But it still takes VC to scale a business (thus large capital into industry winners like Uber, Airbnb, SnapChat, etc). Why is this? The iPhone was released.

Technical Review 398

Technical Review Venture Capital Valuation Pre-Money Valuation 398

View from Seed

OCTOBER 29, 2014

This post was originally published on the personal blog of NextView founding partner Lee Hower. Most of the dollars a VC firm invests come from outside limited partner investors (LPs). Some institutional investors simply aren’t big enough to have in-house employees to vet and manage a portfolio of VC funds. Endowments.

LP 335

LP Private Equity Institutional Investors Venture Capital 335

Agile VC

OCTOBER 29, 2014

Most of the dollars a VC firm invests come from outside limited partner investors (LPs). The actual partners of a VC firm (GPs) will typically invest a minimum of 1% of the total size of their fund,* though frequently this percentage is substantially higher (especially in many of the best funds). Endowments. new buildings, etc).

Venture Capital 279

Venture Capital LP Private Equity Institutional Investors 279

Both Sides of the Table

JANUARY 16, 2012

And I also now have to raise money myself, but this time from bigger institutions that our industry calls LPs (limited partners). Partners make investment decisions. Also recognize that WITHIN a VC you have partners who focus on different areas. I now observes the fund raising process as a profession. Meet in person.

Developer 366

Developer Silicon Valley PR Las Vegas 366

Version One Ventures

JULY 31, 2018

As a result, we are now a strong partnership of two… and while we have the capacity to do more deals with two partners, we also recognize that we could use some support. Reporting for our investors, including writing quarterly updates and preparing LP advisory board meetings. What are we looking for?

Hiring 166

Hiring San Francisco Advisory Board Due Diligence 166

View from Seed

MAY 29, 2019

They are also increasingly focused on “leading” rounds, because funds that are institutionalizing get LP pressure around whether or not they lead. Before seed funds institutionalized, most also made many more investments than they do today, so their time was spread across a larger portfolio.

Syndicate 267

Syndicate Syndication Cofounder Cap Table 267

David Teten

JANUARY 19, 2021

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. Similar to the explosion of seed funds in the past decade, we (and some limited partners too ) believe these Flexible VCs are on the forefront of what will become a major segment of the venture ecosystem. Of the Inc. 5000 companies, only 6.5% return cap.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Both Sides of the Table

SEPTEMBER 14, 2016

We capped our fund size so that we would stay true to our investment strategy in terms of size, scope and number of partners as we stood in 2014 when we raised the fund. She has formerly worked at a VC fund (DFJ) and worked closely with the partners and the network at DFJ and knew what it was like to build, manage and evolve a VC partnership.

LP 150

LP Entrepreneur United States Venture Capital 150

Version One Ventures

OCTOBER 17, 2018

It’s an exciting time to be launching a new fund as our focus on network effects and broad geography are driving opportunities in both existing and emerging markets. We invest in companies and platforms that leverage network effects. With Angela’s promotion to General Partner , we now have investment partners located in both the U.S.

Silicon Valley 126

Silicon Valley North America San Francisco LP 126

This is going to be BIG.

MARCH 14, 2019

If you’re not actually modeling this out with a spreadsheet, I don’t know how you can look an LP in the face and say this. A Time and Attention Model How much time will you be spending on each portfolio company? How long is your partner meeting going to be? I think the results will surprise you how hard it is to be successful.

LP 112

LP Due Diligence Portfolio Distribution 112

Haystack

JUNE 1, 2018

Perhaps because of this success and the unique elbow grease they supply to their portfolio, it was shocking to many to see that one of the storied seed franchises would contract, become its own sole LP, and scale back its operations. Yet for many, it didn’t come as a surprise.

LP 116

LP Global Social Media Portfolio 116

The Equity Kicker

NOVEMBER 26, 2013

LPs, the investors in VC funds, have a difficult job to do, largely because they have to work with poor quality data and only a small fraction of VCs deliver the returns that make them worth investing in. Discipline also helps to keeps a venture fund’s loss ratio low which is important as they are ultimately stewards of LP investment funding.”

LP 154

LP Venture Capital Portfolio Reputation 154

David Teten

JUNE 1, 2011

High Road Capital Partners Deal Sourcing Keynote. Fitzsimmons, High Road Capital Partners. Estimated 100 – 200 total entities Friends & family – basic networking. Prestegaard, High Road Capital Partners. Glickman, Resilience Capital Partners LLC Luke Johnson, Platinum Equity LLC Robert B.

Private Equity 122

Private Equity Deal Flow Equity Developer 122

Both Sides of the Table

FEBRUARY 6, 2019

Yes, VC / Startup Funding is up Massively If you look at how much VC firms have raised from Limited Partners (LPs) over the past 2 decades you’ll see that we’ve returned to a level that we haven’t seen since 1999. If you want the whole deck you can find it on SlideShare but I’ve written up a short summary with commentary below.

Venture Capital 292

Venture Capital IPO Mezzanine Early Stage 292

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 most visible symptom of this trend was VCs writing blogs to show just how value add they were.

Portfolio 84

Portfolio LP Venture Capital Partner 84

Feld Thoughts

AUGUST 6, 2018

In it, he talked about his own experience expanding his investment horizons beyond the bay area, but also mentioned some other folks, including us and USV, where he did a quick analysis of the location of our partner funds. Hopefully, we will continue to help develop and expand existing and new startup communities.

North Dakota 70

North Dakota Southern California San Diego Indianapolis 70

David Teten

JULY 12, 2017

When I meet with other VCs, family offices, and other institutional investors, the most common question I get is: “What are the highest-potential companies in your portfolio which are raising now?” We see our potential coinvestors in four primary buckets: 1) HOF Capital ’s own limited partners. Fundraising is burdensome.

Syndicate 60

Syndicate Syndication Institutional Investors LP 60

Hunter Walker

MAY 18, 2015

Over the first two funds we’ve ended up with just that – a group of LPs representing college endowments, foundations and fund of funds who are committed to us and the early stage venture segment. . The James Irvine Foundation joined us in Fund I and has been a great partner since. in nonprofit grants to that extent.

LP 48

LP Portfolio Early Stage Institutional Investors 48

Austin Startup

DECEMBER 12, 2017

Cindy Revol, Joe Beard and Anurag Jain from Perot Jain, LP We received a warm welcome from Trey Bowles when we first came to Dallas and there have been many others who have opened their arms to us since. Perot Jain, LP is an early stage venture capital firm founded by Ross Perot Jr. Ross Perot, Jr., About Perot Jain, L.P.

Dallas 48

Dallas San Antonio Houston Texas 48

Agile VC

JULY 19, 2012

This is true not only in a firm’s dealings with entrepreneurs but also with it’s limited partners and even within the firm among its partners. 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.

Cofounder 193

Cofounder Limited Partner Early Stage LP 193

Both Sides of the Table

MARCH 30, 2016

Mark dutifully went to partner meetings, back-channel references began, firms started calling existing VCs to “test prices” and we started debating whom our best partner would be. Many VC firms expressed interest, nearly every one took a meeting and several called Mark and the team back for meetings.

Balance Sheet 150

Balance Sheet Burn Rate Valuation Forecast 150

Genuine VC

OCTOBER 11, 2011

I hypothesized that, “Perhaps a contrarian statement in this environment: but even though there’s been a dip in fund size due to broad economic factors and LP appetite, it wouldn’t surprise me if the truly top firms raise even larger funds over the coming decade.” What’s pouring = individual partners matter.

Venture Capital 150

Venture Capital Seed Stage Entrepreneur LP 150

Babbling VC

NOVEMBER 7, 2011

Each partner has to bring something to the table and is preferably complimentary to weaknesses of his or her partners. International network: even if you are focused on one region, your network has to be global and extensive enough that you can be a channel for M&A. One of the partners has to be a techy.

LP 66

LP Salary Partner Portfolio 66

Pascal's View

MARCH 8, 2010

It’s that time of the year again– time to send out audited financial statements and K-1’s to your limited partners– which means it’s also a great time to address some of the common questions that investors raise about VC partnership governance and disclosure issues. entitled to receive from a VC fund?

Limited Partner 28

Limited Partner Government Delaware LP 28

Professor VC

DECEMBER 8, 2015

Often times those involve trading within a venture capital portfolio or between two venture firms portfolios. I was a Limited Partner in Angel Investors II (Ron Conway's angel fund) that was an investor in Confinity. Both companies offered home security and automation services through partners. At the IPO, Musk held a 14.2%

Merger 28

Merger LP IPO Redemption 28

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. With RTP, I plan to help portfolio companies across the US access the fast growing emerging markets.

Silicon Valley 69

Silicon Valley Ghana Venture Capital India 69

K9 Ventures

NOVEMBER 30, 2008

The General Partners (GPs) are the operating guys. The money that the GPs and other employees of the firm invest comes from Limited Partners (LPs) — typically the big university endowments, retirement funds, charitable organizations, family offices and high net-worth individuals. The LP perspective.

IRR 48

IRR Venture Capital LP Early Stage 48