Venture Capital is About Human Capital

Both Sides of the Table

Most VCs did well academically and had enough career success that a venture firm was willing to give them an investment role or they were able to raise their own fund. Fundamentally venture capital is about human capital. Venture Capital is a people business.

Pioneering Women in Venture Capital: Kathryn Gould

Steve Blank

Kathryn has been the founding VP of Marketing of Oracle , a successful recruiter, a world class Venture Capitalist, a co-founder of a Venture Capital firm, a great board member, one of my mentors and most importantly a wonderful friend. So I started Foundation Capital in 1995.

Trending Sources

Investor VCs and Operator VCs

A VC : Venture Capital and Technology

The Venture Capital business is full of great firms that were founded by entrepreneurs/operators who became investors mid/late career. From Gene Kleiner and Tom Perkins in the early 70s to Marc Andreessen and Ben Horowitz at the end of the 00s, this is the iconic model of the venture capital firm and the formula that built Silicon Valley into what it is today. It is not how many/most of the top venture capitalists in the business did it.

A Venture Capital History Perspective From Jack Tankersley

Feld Thoughts

In January, Jerry Neumann wrote a long and detailed analysis of his view of the VC industry in the 1980’s titled Heat Death: Venture Capital in the 1980’s. The key reason for the explosion in capital flowing into the industry, and therefore the large increase in practitioners, had nothing to do with 1970’s performance, early stage investing, or technology. Continental Capital*. $ 250,000. KPC&B II. $ 775,000.

It’s Morning in Venture Capital

Both Sides of the Table

Many observers of the venture capital industry have questioned whether its best days are behind it. They are, in fact, great news for traditional venture capitalists. The most successful of these businesses will still need venture capital to scale their businesses.

How To Grow A Company Without Venture Capital

YoungUpstarts

As an entrepreneur, though, you should look no further than Fab.com as a cautionary tale of venture capital. The Drawbacks of Venture Capital. With crowdfunding, customers pre-buy your product, helping you fund your production and operations.

TrendKite Lands $10.7 Million in Venture Capital

SiliconHills

Noro-Mosley, based in Atlanta, led the round with continued participation from Battery Ventures, Silverton Partners and Mercury Fund. The company plans to use the money to scale its operations, customer support, on patents and to hire more […] The post TrendKite Lands $10.7 Million in Venture Capital appeared first on SiliconHills. TrendKite, a public relations analytics company, announced Thursday that it has raised $10.7 million in Series C funding.

How ff Venture Capital Works With Universities And Students

David Teten

I meet with a lot of people from the academic world, so I thought it would be helpful to summarize how ff Venture Capital works with universities. Look for opportunities to collaborate on new ventures. Education ff Venture Capital Startup

What I learned from raising venture capital

www.gabrielweinberg.com

I recently raised venture capital for the first time. DuckDuckGo raised a series A round from Union Square Ventures and a handful of awesome angel investors. I generally try to operate in such a way as to maximize my luck surface area. They were: Andreessen Horowitz Matrix Partners SV Angel Redpoint Morganthaler Gerylock Charles River Ventures DFJ Having multiple term sheets really matters.

Pristine Lands $5.4 Million in Venture Capital

SiliconHills

Austin-based S3 Ventures led the round, which also included Capital Factory, HealthFundr and several clients. The company plans to use the money to expand its research and development, sales, marketing and operations teams. Million in Venture Capital appeared first on SiliconHills. Pristine, the startup that develops healthcare apps for Google Glass, has raised $5.4 million.

How To Overcome Bootstrapping Challenges In A Venture Capital World

YFS Magazine

Outside of the operational reasons for pursuing investment (e.g., infrastructure, R&D, hiring, etc.), one of the things that rarely gets discussed are the signals associated with taking investment. Grow Marketing & Sales marketing media coverage media pitch

Investor VCs and Operator VCs

Inc Startups

Instead of jumping right in, there are alternative (and better) ways to get into the venture capital business. Venture Capital

Vietnam venture capital – potential unlocked

VC Cafe

Vietnam’s Ministry of Planning and Investment (MPI) has shared a circular (a regulatory document, in Vietnam speak) for improving the legal environment for venture capital investing in the Socialist state.

Will Your Startup Get Venture Capital or IPO in 2013?

Startup Professionals Musings

Based on the final report for 2012 from Thomson Reuters and the National Venture Capital Association (NVCA), it may appear that IPOs are back as a viable startup exit strategy. For the full year 2012, venture-backed initial public offerings raised $21.5

Sustainable startup growth and venture capital

The Equity Kicker

On Friday it seemed like everyone in the venture capital industry was again reading about market turmoil, this time the news is that angel investors are pulling back and valuations taking a hit. In his post The end of the big venture formula Danny Crichton put it like this: What’s needed is a sustainable approach to startup growth and venture capital.

Startups With Real Revenue Can Get Venture Capital

Startup Professionals Musings

I just read the Q1 2011 report from CB Insights , which shows venture capital is back. To me, this indicates that venture capitalists (VCs) are looking for business, but not from first-time startups. Back to VCs, Silicon Valley venture capital firms are still the most active.

Understanding Changes in the Software & Venture Capital Industries

Both Sides of the Table

In this three-part series I will explore the ways that the Venture Capital industry has changed over the past 5 years that I would argue are a direct result of changes in the software industry, not the other way around.

How to get a job in Venture Capital

Jason Ball's TechBytes

You’ll have insight into big company M&A (they will be your customer as a VC) and you’ll have some operational skills. 4) Fix a portfolio company- This works if you have operational skills. If you can fix one (or more) venture backed co’s, you will be loved and will probably find yourself a more permanent role. Analyst, Associate, Principal, Venture Partner, General Partner, Managing Partner – all require different amounts of the above.

The State of Cleantech Venture Capital: What Lies Ahead

Secret Formula

In late 2011 I decided to write up an internal analysis I’d done at Venrock about the state of cleantech venture capital and make it available broadly. What’s happening to cleantech venture capital? Philanthropic capital.

The Experience of Being a Limited Partner in Venture Capital

This is going to be BIG.

You run X amount of capital and Y percentage of that is allocated to venture capital. They don't have a directive to be invested in venture and they're not aiming to make some target return to pay out benefits or university operating expenses, etc. Partnership investing is boring. You give someone your money and, once a quarter, they give you a report that says what they did with your money.

Venture Capital and "Innovation"

Information Arbitrage

Many have recently been critical of the role of the venture industry in financing “true innovation.” This is not how the venture industry is supposed to operate.” When it comes to breakthroughs in long time-scale, massively capital intensive areas in the hard-sciences, e.g., battery technology and solar technology writ large, I’d posit that the right source of financing for this kind of innovation is either the Government or large corporations.

Venture Capital Access Program launches to aid women and diverse entrepreneurs

David Teten

VCAP© Addresses the Gap between Venture Capital and Funding for Women and Diverse Entrepreneurs. The National Association of Investment Companies (NAIC) is the trade association representing women and diverse private equity and venture firms. New York Policy Venture Capital

The Venture Capital Secret: 3 Out of 4 Start-Ups Fail

online.wsj.com

SIGNIFICANCE PROMINENT. --> The Venture Capital Secret: 3 Out of 4 Start-Ups Fail. An entrepreneur with a hot technology and venture-capital funding becomes a billionaire in his 20s. But now there is evidence that venture-backed start-ups fail at far higher numbers than the rate the industry usually cites. About three-quarters of venture-backed firms in the U.S. backed by venture capitalists. High Capital Franchises. Capital Available.

What's in a (venture capital) website ?

Fred Destin

Late on Friday we launched the new website of Atlas Venture. One of the challenges that all venture capitalists are dealing with is that we are all peddling essentially the same product. The bottom line is we all sound pretty much the same , so what is a venture capitalist to do ?

When it Comes to Venture Capital, Do Like Warren Does

Growthink Blog

All of a sudden, it is boom time again for venture capital funds, with over $10.3 billion in fresh capital raised by 578 funds in the 1st quarter, up 36% from 2012. But for the individual investor, is investing in a venture capital fund really a good idea? venture funds - and with so many of them pursuing similar deal sourcing strategies and approaches - it has become extremely difficult for VCs to find and secure high potential, well priced deals.

Changes in Software & Venture Capital – Part 2 of 3

Both Sides of the Table

Yesterday I wrote Part 1 of the series on the changes to the software industry over the past decade that has led to changes in the venture capital industry itself. Open cloud led by Amazon with their AWS services drove total operating costs down by 90%.

Do venture capital firms or private equity funds offer debt financing for startups?

Gust

For venture capital, this is typically ten times the invested capital, and those returns can only be achieved through equity appreciation, not debt service. And if you are still at the startup stage, how do already have global operations in a dozen countries? Invested Interests debt financing private equity funds startup VCs venture capital firms The direct answer to your question is NO, VC and PE funds do not provide debt financing for any companies.

Urban Mining Gets $25 Million in Venture Capital

SiliconHills

The Austin-based company plans to use the Series A funds to build and operate a magnet recycling and manufacturing plant at its headquarters. “The first step towards commercializing our technology is capital intensive,” Scott Dunn, Urban Mining’s CEO, […] The post Urban Mining Gets $25 Million in Venture Capital appeared first on SiliconHills. Urban Mining Co.,

Does VC Fund Differentiation Matter?

Feld Thoughts

Others are entrepreneurs / operators raising a VC fund. The operators say we know how to run businesses and help the CEOs that way. Venture Capital differentiation returns seed strategyI’ve met and emailed with many pre-seed and seed GPs in the past year.

How To Attract Venture Capital For Your Startup

YoungUpstarts

Looking for some venture capital funding to fuel the growth of your startup? When venture capitalists look for a startup to invest in, they are hunting for value. First and foremost, the goal of the venture capitalist is to make a return on their investment.

What Do I Do Now? The Startup Lifecycle

Steve Blank

Venture-backed startups will often have a Series C or D or later rounds during this phase. Operating execs hired by investors used the tools they learned in business school or larger corporations. Filed under: Family/Career/Culture , Lean LaunchPad , Venture Capital.

50 Questions: If I raise venture capital what differences will it make to how I have to run my business?

The Equity Kicker

Forty-ninth in a series of weekly posts by myself and Nicholas Lovell of Gamesbrief which answer the fifty questions you should ask before raising venture capital. The heart of a venture capital deal is an exchange of cash today for an obligation to grow the value of your company and eventually find an exit. In other words, raising venture capital commits you to a path. 50 Questions Startup general interest Venture Capital

Are You Ready for Venture Capital? How To Tell

Inc Startups

Much has been written about the similarity between marriage and the tie between a venture capitalist and an entrepreneur. But as difficult, complicated, and emotionally draining as divorcing your spouse may be, it can actually be simpler than divorcing your venture capitalist.

The Role Venture Capital is Playing in Online Schooling (Guest Post)

VC Cafe

Venture capital and other forms of seed funding have been crucial for the development of the best online colleges. A Wall Street Journal piece from April 2012 reports on the impact of $16 million in venture capital awarded to Coursera to increase the scope of the program.

You Can Do Too Much Due Diligence

A VC : Venture Capital and Technology

It's Monday, time for another lesson I've learned in the venture capital business. We know most everyone who ran those operations so we called them. MBA Mondays Venture Capital and Technology Today I will tell a story that I love telling. It has some of my favorite people in it. Back in 2004, early in my blogging career, I heard about a service that had just launched called Feedburner. It provided a number of useful services for a blog's RSS feed.

Who You Want On Your Board

A VC : Venture Capital and Technology

One of the guys who taught me the venture capital business used to say "success is in inverse proportion to the number of VCs you have on your board." And this board has two investors and three very experienced operating executives on it. And one of the investors (not me) has deep operating experience. So you had essentially four very experienced operating executives plus me giving the CEO advice. entrepreneurship Venture Capital and Technology

WellAware Lands $16 Million in Venture Capital

SiliconHills

It plans to use the money to expand its operations and for research and development on its […] The post WellAware Lands $16 Million in Venture Capital appeared first on SiliconHills. WellAware, an oil and gas industry analytics and data startup, this week announced it has received $16 million more in financing. The San Antonio-based startup reported the Series B1 financing was led by Mitsui & Co. and Genscape.

Digital Health is On the Rise – Startup Help from Big Pharma

The Startup Magazine

They are linked to Bayer Pharmaceuticals, operating worldwide and they are getting huge! Capital Raising Event Incubators and Accelerators Seed and Angel Investors Venture Capital Bayer Berlin Dealmaker grants4appsEver heard of Grants4Apps?

Some Perspective

A VC : Venture Capital and Technology

In its last quarter Facebook had $1bn of revenue and 40% pre-tax operating margins. If we annualize those numbers, that would be $4bn of annual revenue and $1.6bn of annual pre-tax operating margins. Let's use pre-tax operating margins as a proxy for EBITDA, because this whole post is back of envelope quality analysis and please take it for what it is. stocks Venture Capital and Technology

How Has Product Hunt Become Such a Critical Startup Website?

Both Sides of the Table

It was the place that every startup knew they HAD TO be in order to attract initial users and also gain the attention of venture capitalists. I began following him when I realized he was in product at Play Haven, who operated in a space that interested me. This Week in Venture Capital