VC Adventure

JANUARY 19, 2024

When we started Foundry, we were very open about our intention to eventually wind our operations down rather than try to build a generational firm. We announced our latest fund last May, and we still have plenty of capital to deploy into new companies as well as into the existing portfolio.

Portfolio 72

Portfolio Syndicate Syndication Cofounder 72

View from Seed

NOVEMBER 18, 2014

Recently, we looked at our own portfolio at NextView Ventures to dig a little deeper on how startups actually raise that next round of financing. Startups with large, lifecycle VCs included in the seed round syndicate did not reach Series A faster than those who did not. in our portfolio. The mean Series A size was $5.2M.

Syndicate 333

Syndicate Syndication Seed Stage Startup 333

Genuine VC

FEBRUARY 12, 2012

PROs of taking his angel money are the feeder system to venture financing of the next round and the vast network of portfolio CEOs which can be tapped into for connections and help. CONS of an investment from a Super Angel include potential lack of “value add” because his time is spread so thin amongst many portfolio companies.

Angel Investor 257

Angel Investor Syndicate Syndication Early Stage 257

Eric Friedman

AUGUST 19, 2020

Software has been eating venture funds by simplifying syndicates, managing SPVs, and even traditional fund management. The idea of a streaming venture fund matches the fluidity of entrepreneurship and the operator>investor>operator paradigm that seems to be growing. How much capital are you reserving for follow on financings?”

Syndicate 88

Syndicate Syndication Cofounder Portfolio 88

View from Seed

JUNE 10, 2020

The NextView Accelerator Doesn’t Operate in Strict Cohorts. . Most accelerators operate in class cohort “batches.” The dynamics for participation in the next round’s fundraise syndicate is complex, and many accelerators (and VCs) obfuscate their intentions for self-serving interests.

Cofounder 177

Cofounder Syndicate Syndication Alabama 177

David Teten

SEPTEMBER 23, 2017

In venture capital in particular, early-stage companies are often operating in frontier industries, where the rules are unpredictable and conventional analytic frameworks may be misleading. EShares is an increasingly popular tool in our portfolio for tracking private company cap tables. 8) Accelerate portfolio company value.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

Haystack

JANUARY 16, 2019

The more I discover about going beyond just writing checks into startups — concepts like portfolio construction, cross-fund management, and new fund formation — the more I realize how critical the parlay is. Let’s focus on the noun first. And naturally, I started to see patterns in the startup ecosystem.

Portfolio 111

Portfolio Syndicate Syndication Stock 111

David Teten

JANUARY 19, 2021

John Berger, Director Operations & Impact Solutions, Toniic , observed that this has clear investor benefits: “ The grace period became a feature because it benefits investors in regions like the US where there can be tax differences between short and long term gains. Payments are commonly delayed for a grace period of 12-36 months.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Genuine VC

FEBRUARY 12, 2012

PROs of taking his angel money are the feeder system to venture financing of the next round and the vast network of portfolio CEOs which can be tapped into for connections and help. CONS of an investment from a Super Angel include potential lack of “value add” because his time is spread so thin amongst many portfolio companies.

Angel Investor 128

Angel Investor Syndicate Syndication Early Stage 128

This is going to be BIG.

MAY 5, 2023

You can stop making new investments, but it will take years to actually work through your active portfolio companies. If you’ve been following along, I’m not always happy about how the industry operates and I plan to be even more forthright about my takes given the benefit of some distance going forward.

Later Stage 218

Later Stage Venture Capital Term Sheet Limited Partner 218

Haystack

AUGUST 18, 2019

And if you don’t hit one or two right, you end up with a mediocre portfolio. Like VC platforms, these funds could potentially be either as price-insensitive and/or provide more value via portfolio and market insights than a typical seed fund can. If you hit one or two right, you can make a fortune in seed.

Seed Stage 108

Seed Stage Cap Table Early Stage Malaysia 108

OnlyOnce

FEBRUARY 9, 2022

” While the founding team was exploring potential business opportunities that allowed us to make a bigger impact on the world, Silicon Valley Bank and High Alpha Innovation were together envisioning a platform to help VC-backed portfolio companies more effectively navigate the complex world of executive talent needs.

Silicon Valley 62

Silicon Valley Venture Capital Cap Table Early Stage 62

www.allthingsdistributed.com

OCTOBER 23, 2010

But then subsequently, the CTO isresponsible for actually integrating and running the technology, i.e. the roleof the ‘operations manager.’ Seattle, WA, 98104 Syndication Subscribe to this weblogs atom feed or rss feed Search Powered by Movable Type 4.01. This is the‘technology visionary’ aspect of the role.

CTO 40

CTO CTO Hire Syndicate Syndication 40

Hunter Walker

FEBRUARY 5, 2019

You also have a version of strategic expansion (or scope creep if you’re less kind), where some firms started as focused 1-2 GP shops but are now 3-7 GPs, with operational staff and increasingly large fund sizes. Or will there be an early stage bifurcation into multi-GP platforms and smaller syndicate-sized funds.

LP 92

LP Early Stage Syndicate Syndication 92

Agile VC

APRIL 27, 2012

As many of you may know, we have a section on the NextView website called “Ethos” where we describe five key principles to how we operate. Ethos: What ‘Blank Canvas’ Means to NextView. April 27, 2012. My partners and I have blogged about some of these including Invited Guest , Golazo , Authentic , and Tribe.

Silicon Valley 124

Silicon Valley Seed Stage Syndicate Syndication 124

Version One Ventures

APRIL 8, 2014

The net effect is powerful: it empowers all of us (no matter who we are or where we are) to learn more quickly, make better decisions, and operate more efficiently. start-up databases/networks like CrunchBase and AngelList ) has led to unparalleled access to investment capital as more seed funds, angels, and syndicates emerge on the scene.

Venture Capital 160

Venture Capital Vertical Curation SEC 160

Hunter Walker

APRIL 4, 2014

Part of our presentation will be portfolio financials, which, because we’re relatively new, aren’t exceptionally volatile (LP speak: most of our investments are still carried at original value since no additional fundraising has occurred). high net worth individuals. family offices. strategic investors (including corporates).

San Francisco 100

San Francisco Private Equity LP Syndicate 100

View from Seed

JULY 9, 2015

As an operator, not an investor, I’m amazed at how many casual, throwaway comments that happen inside a VC’s office would be genuinely useful to entrepreneurs building their businesses. These things are surprisingly indicative of how a founder operates. Accidental VC is a series of short posts written by me, Jay Acunzo.

Startup 120

Startup PR Cofounder Stealth 120

Feld Thoughts

JUNE 25, 2015

” These deeply held beliefs tangibly define our values and give us a frame of reference to operate. ”) But at the end of 2013, when the JOBS Act became official and AngelList created Syndicates, we decided to understand the phenomenon better by participating in it.

Syndicate 70

Syndicate Syndication Limited Partner Finance 70

David Teten

DECEMBER 3, 2019

However, in private markets, there is more room to optimize across all 11 steps of the investing process: firm management , marketing, fundraising , origination , manage relationships, due diligence, negotiation, monitoring, portfolio acceleration , reporting, and. If you have one, please contact me. 7) Negotiate .

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Rob Go

JULY 17, 2014

As former operators and product-oriented entrepreneurs, Dave, Lee, and I tend to think of our firm as a startup company and our approach to investing as our product. 1) How is the portfolio performing? On performance, we are happy with how things are shaping up in our early NextView I portfolio. Zillow ), Hyperpublic ( acq.

Seed Stage 69

Seed Stage Early Stage Due Diligence Liquidity Event 69

Rob Go

JANUARY 8, 2014

It’s been a yearly tradition for me to share a semi-quantitative view into our portfolio at NextView. Three years ago, I published our first “Stroll through the portfolio” and I’ve published updates each year in January. Surprisingly few seed funds operate this way. Traction in Ad Tech Portfolio.

Syndicate 45

Syndicate Syndication Portfolio Advertising 45

Pascal's View

NOVEMBER 1, 2008

about your operating forecasts and be prepared to revise them – up or down. -.38in;text-align:left;direction:ltr;unicode-bidi:embed;vertical-align:baseline; about your operating forecasts and be prepared to revise them – up or down. -.38in;text-align:left;direction:ltr;unicode-bidi:embed;vertical-align:baseline; 24.0pt"> • Be open to.

Vertical 28

Vertical Syndicate Syndication Forecast 28

View from Seed

JANUARY 28, 2016

In this case, the intermediate milestones were (1) recruiting a technical co-founder and a team member who could help handle the regulatory challenges, (2) strike a partnership that would be critical for the company to operate, and (3) create more definition around the initial product offering.

Cofounder 120

Cofounder Finance Founder Syndicate 120

VC Adventure

AUGUST 10, 2010

At the end of his post Brad lists out the companies in the Foundry portfolio that started as seed investments ( AdMeld , Gnip , Lijit , Mandlebrot , Next Big Sound , Standing Cloud , and Trada ). With the foundation of our operating philosophy in tact we turned our attention to what this new business should do.

Syndicate 74

Syndicate Syndication Due Diligence SEM 74

Agile VC

MAY 16, 2012

And we invest in US-based startups, primarily on the US east coast though we’ll consider other parts of country on a selective basis (roughly 15-20% of our portfolio is in the SF Bay area). We also invest only in software & internet enabled businesses. What’s Your Favorite Future?

Seed Stage 124

Seed Stage Silicon Valley B2B Syndicate 124

Cracking the Code

DECEMBER 9, 2006

TOP or Total Operational Performance, is a cost cutting approach, where your objective is to cut 40% of all the "not-strictly-necessary costs" by doing things differently. Done deal: after a quick syndication with the kitchen team (their job was at stake, so they were easy to convince.), Portfolio. (3). I was super excited!

Software Review 48

Software Review Technical Review Europe Venture Capital 48

View from Seed

MAY 29, 2019

Historically, seed rounds were syndicated among several different firms. Today, we are seeing less syndication of seed rounds and sharper elbows among many of the funds in the market. Instead of broadly syndicated rounds, we are seeing much more competition for fewer slots. Why Is Seed Investing Becoming More Sharp Elbowed?

Syndicate 267

Syndicate Syndication Cofounder Cap Table 267

Austin Startup

MARCH 7, 2021

Other companies, like Blue Origin, Firefly Space and Space X are all conducting operations in Texas, both together with NASA and for their own unique space ventures. A significant strength of Texas lies in its diversified portfolio of unique cities. Each offers a different culture, resources and economic base. all Bay Area firms?—?

Texas 90

Texas San Antonio Houston Dallas 90

View from Seed

AUGUST 26, 2015

Overall, I’d recommend being pretty prolific (5-10 investments a year), writing reasonably small checks at first, and thinking of your investments in 18-36 month cohorts of companies or mini portfolios. There are a lot of options to expand your deal sourcing, like AngelList, syndicates, angel groups, etc. Just a few pointers.

Technical Review 120

Technical Review Angel Investor Software Review Silicon Valley 120

View from Seed

AUGUST 26, 2015

Overall, I’d recommend being pretty prolific (5-10 investments a year), writing reasonably small checks at first, and thinking of your investments in 18-36 month cohorts of companies or mini portfolios. There are a lot of options to expand your deal sourcing, like AngelList, syndicates, angel groups, etc. Just a few pointers.

Technical Review 120

Technical Review Angel Investor Software Review Silicon Valley 120

Gust

OCTOBER 20, 2011

Active angels invest in a diversified portfolio of 10 or more companies, usually spreading their investments over a few years. In the end, such a portfolio might yield the angel investor a total return on investment of 25% per year or more. A local network of angels is critical to achieving a diversified portfolio.

Valuation 146

Valuation Pre-Money Valuation Intellectual Property Technical Review 146

David Teten

FEBRUARY 3, 2014

Similarly, my research on venture capital portfolio operations found that Portfolio Operator VCs such as Andreesen Horowitz , First Round Capital , ff Venture Capital , and Google Ventures are hiring unusually large teams and structuring them in traditional pyramids. Notes: Only for IT & related sectors.

Private Equity 114

Private Equity Venture Capital Technical Review Equity 114

Rob Go

JANUARY 28, 2016

In this case, the intermediate milestones were (1) recruiting a technical co-founder and a team member who could help handle the regulatory challenges, (2) strike a partnership that would be critical for the company to operate, and (3) create more definition around the initial product offering.

Cofounder 28

Cofounder Finance Founder Syndicate 28

Hunter Walker

SEPTEMBER 5, 2021

I really liked Jason Lemkin’s “ Do You Have a Weak Investor Syndicate ” blog post from earlier in the summer. I’ll give you an example of a conversation I had with a current portfolio company just this week. Startup CEOs Should Test Strength of Cap Table Every ~6 Months To Know Where They Stand. Go read it and then come back here….

Cap Table 94

Cap Table Seed Stage Syndicate Syndication 94

David Teten

JUNE 12, 2014

We saw over time that our investor group, just like Angel List and most other angel groups, was good at syndication and not so good at leading rounds. As a result, we launched the Fast Track program, which helps VCs and active investors who are HBSAANY members to syndicate rounds with value-added members of our network.

New York 114

New York Connecticut Angel Groups Florida 114

David Teten

NOVEMBER 15, 2013

At my firm, ff Venture Capital, we’re trying our part to rethink how the industry works, and also actively looking for opportunities to invest in companies creatively disrupting this sector, e.g., our portfolio companies Addepar and Indiegogo. I believe it’s healthier to stage our investments in a series of modest-size checks.

Management 114

Management Pre-Money Valuation Venture Capital New Hampshire 114