Steve Blank

SEPTEMBER 5, 2018

Since NewTV won’t be making the content, they will be licensing from and partnering with traditional entertainment producers. NewTV will depend on partners like telcos to distribute the content. After the crash, venture capital was scarce to non-existent. Will consumers want to watch short-form mobile entertainment?

Lean 335

Lean Burn Rate Startup IPO 335

ReadWriteStart

JULY 5, 2023

Neko Health is well positioned to achieve its goals, as the board of directors recently welcomed notable investors such as Niklas Zennstrom, co-founder of Skype, and Klaus Hommels, founder of the venture capital firm Lakestar.

Sweden 126

Sweden Artificial Inteligence Cofounder Technical Review 126

Both Sides of the Table

FEBRUARY 20, 2019

If angel investors are pressuring you to set up a board and if you don’t have the leverage to push back a little then I might suggest a 3-person board in which all 3 seats are appointed by the common stock and you agree to appoint one of these seats to the angel investor but perhaps make it either time based or event based.

Venture Capital 236

Venture Capital Startup Angel Investor Silicon Valley 236

Steve Blank

APRIL 12, 2013

This post is about the rise of Chinese venture capital and how it helped build the countries entrepreneurial ecosystem. The Rise of Chinese Venture Capital. This helped the startups qualify for funding from banks and venture capital firms. It went bankrupt in 1997.). Investing in China Today.

Venture Capital 271

Venture Capital China Offshore SBIR 271

Gust

MAY 7, 2014

The venture capital fund itself makes money… …by investing early in a startup company’s life, when success is not at all assured. In exchange for investing capital to help the company grow, the fund receives an ownership interest in the company. This is the money that is invested into the startups.

Venture Capital 154

Venture Capital IPO Limited Partner Carried Interest 154

Steve Blank

SEPTEMBER 14, 2009

Posted on September 14, 2009 by steveblank Over the last 30 years Wall Street’s appetite for technology stocks have changed radically – swinging between unbridled enthusiasm to believing they’re all toxic. One of the biggest mistakes entrepreneurs make is misunderstanding the role of venture capital investors. What Do VC’s Do?

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

Austin Startup

JULY 15, 2019

You will coordinate and administer the most active venture capital fund in Texas and see an insane amount of dealflow. Job opening: Fund Administrator at Capital Factory In two or three years you’ll gain a decade worth of experience and dealflow. You’ll know the inside details about almost every deal that goes down.

Texas 56

Texas Technical Review Silicon Valley Venture Capital 56

Steve Blank

MARCH 16, 2016

Luckily in the last quarter of the 20 th century a new source of money called risk capital emerged. Risk capital takes equity (stock ownership) in your company instead of debt (loans) in exchange for cash. At its core Venture Capital is nothing more than a small portion of the Private Equity financial asset class.

Liquidity Event 120

Liquidity Event Founder Liquidation Preference Venture Capital 120

Both Sides of the Table

JULY 16, 2010

The VC industry grew dramatically as a result of the Internet bubble - Before the Internet bubble the people who invested in VC funds (called LPs or Limited Partners) put about $50 billion into the industry and by 2001 this had grown precipitously to around $250 billion. What accelerated this was the collapse of the public stock markets.

LP 311

LP Technical Review Early Stage Silicon Valley 311

View from Seed

MARCH 24, 2021

At NextView Ventures we have written many pieces about venture capital — how to raise it, build your business, engage with investors, iterate your product, navigate expanding industries, etc. 7 Common Mistakes Entrepreneurs Make in VC Pitches and How to Fix Them “Different partners in a VC firm are different.

Seed Stage 177

Seed Stage Hiring IPO Analytics 177

Steve Blank

APRIL 12, 2013

This post is about the rise of Chinese venture capital and how it helped build the countries entrepreneurial ecosystem. The Rise of Chinese Venture Capital. This helped the startups qualify for funding from banks and venture capital firms. It went bankrupt in 1997.). Investing in China Today.

Venture Capital 163

Venture Capital China Offshore SBIR 163

David Teten

AUGUST 7, 2019

The second strategy is Value Investing , a strategy which “seeks to maximize returns by finding stocks that are undervalued by the market…Investors assess a stock’s intrinsic value…and compare that value with the stock price. Today, some Momentum-centric venture capital investors have high paper returns.

Venture Capital 60

Venture Capital Valuation Stock NDA 60

Startup Professionals Musings

OCTOBER 7, 2022

On the other hand, venture capital organizations typically look for needs that exceed $2 million. Most professional investors will expect preferred stock, a board seat, rights to later rounds and perhaps anti-dilution protection. Every type of investor has comfortable ranges and limits. What business milestones have you met?

Preferred Stock 304

Preferred Stock Exit Strategy Equity Angel Investor 304

Both Sides of the Table

APRIL 14, 2010

If you want to raise venture capital more easily the advice could be quite practical and counter-intuitive. Many companies that are raising B or C venture capital rounds right now raised their initial money in 2005-2008. Liquidation preference is the amount of money that an investor gets paid before the common stock (e.g.

Venture Capital 289

Venture Capital Liquidation Preference Common Stock Dividend 289

YoungUpstarts

SEPTEMBER 14, 2020

AI is getting tremendous attention and significant venture capital, but AI tools frequently underwhelm in the trenches. GPT-3 can be part of that solution by providing contextual answers (rather than selecting from an inventory of stock answers like typical bots) as well as creating first drafts of documents.

Technical Review 246

Technical Review Connecticut Algorithm Warrant 246

Both Sides of the Table

SEPTEMBER 10, 2021

how on Earth could the venture capital market stand still? One of the most common questions I’m asked by people intrigued by but also scared by venture capital and technology markets is some variant of, “Aren’t technology markets way overvalued? What Does this Mean for a Venture Capital Firm?

Pre-Money Valuation 471

Pre-Money Valuation Valuation Venture Capital Early Stage 471

Both Sides of the Table

APRIL 20, 2011

In the early 80’s he left academia to work on venture capital investing with Jim Simons, Renaissance Technologies. The discussion with Howard Morgan starts off by acknowledging Josh Kopelman as a co-founder of First Round Capital. How do people get access to First Round Capital?

Pre-Money Valuation 284

Pre-Money Valuation Technical Review Cofounder Cram Down 284

David Teten

AUGUST 19, 2019

I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. I believe that Revenue-Based Investing (“RBI”) VCs are on the forefront of what will become a major segment of the venture ecosystem. However, according to Bryce Roberts, co-founder of Indie.VC, only 0.6%

Revenue 60

Revenue Term Sheet Founder Technical Review 60

YoungUpstarts

JULY 16, 2020

If you want your business to grow faster by taking on investors and raising venture capital, you might want to switch your business entity from an LLC to a C Corporation. The C Corporation is often the best choice for companies that want to take on capital from investors or sell shares of stock.

LLC 255

LLC Bankruptcy Venture Capital Stock 255

Up and Running

SEPTEMBER 10, 2014

According to the Angel Capital Association: Angels (private money) invest in 55,000 startups each year versus 1,500 companies by VC (venture capital) funding. Capitalization Table and Shareholder Roster. Stock Option. Not coincidentally, most venture funded companies will also fail. And why should you care?

Angel Investor 159

Angel Investor Technical Review Software Review Accredited Investor 159

SoCal CTO

JUNE 9, 2010

He’d wasted a year of his life and had a pile of stock options that weren’t very interesting. Draw Your Ideas - A VC : Venture Capital and Technology , May 16, 2010 I saw Jack Dorsey give this talk at The 99% Conference last month. Tesla is not. It's a great talk. Your Process Doesn’t Work.

Fractional CTO 248

Fractional CTO Startup Venture Capital Cofounder 248

Austin Startup

MARCH 4, 2019

2019 Capital Factory VIP Lounge during SXSW Interactive The 16th floor kitchen and coworking area will be buzzing with even more energy and excitement than normal. public, private, debt, equity, market return, concessionary capital, etc. Yet female founders received only 2% of venture capital dollars in 2017. What gives?

Silicon Valley 50

Silicon Valley Technical Review Texas Venture Capital 50

Both Sides of the Table

AUGUST 24, 2015

If you didn’t notice that the stock markets in the US dropped nearly 4% today (after falling last Thursday and Friday) then you were probably completely off-the-grid and on vacation. Simply put – I buy the long-term case for having a portion of one’s savings in stocks. It was a nerve racking morning. Neither do I.

Stock 150

Stock Finance Marketing Valuation 150

Up and Running

OCTOBER 30, 2017

Begin by taking stock of yourself and your situation: Why do you want to start a business? Types of business plans: If you are simply creating a business plan in order to stimulate a discussion with potential partners and associates, you may want to consider opting for a “startup plan,” also known as a feasibility plan.

Venture Capital 166

Venture Capital Business Plan Limited Liability Company Finance 166

Startup Professionals Musings

MARCH 16, 2016

Overvalued stocks have been called "frothy’" for some time, but now the term is being tossed around in lieu of the word "bubble" in the new world of perceived overvalued startups. This term refers to an initial venture-capital investment, often wrongly sought to seed early product development.

Software Review 120

Software Review Sweat Equity Accredited Investor Angel Investor 120

Both Sides of the Table

DECEMBER 6, 2013

He wanted to work in venture capital and I was new to the industry and in no position to hire anybody. Not only two Jewish boys from Philly, but Aaron was born on the exact same day as me (April 30th) in the same town (Philly) exactly 10 years to the day after my birth. I’ll leave the year out.

San Diego 344

San Diego Technical Review Seed Capital Sacramento 344

Both Sides of the Table

JUNE 27, 2021

million, and we can write as little as $250k or as much as $15 million in our first check (we can follow on with $50 million + in follow-on rounds) We build a portfolio that is diversified given the focus areas of our partners. The outcome of this is that each partner does about 2 new deals per year or 5.5 We do other things, too.

Bankruptcy 294

Bankruptcy Bridge Financing Portfolio Angel Investor 294

Startup Professionals Musings

JANUARY 4, 2020

On the other hand, venture capital organizations typically look for needs that exceed $2 million. Most professional investors will expect preferred stock, a board seat, rights to later rounds and perhaps anti-dilution protection. Every type of investor has comfortable ranges and limits. What business milestones have you met?

Startup 337

Startup Preferred Stock Exit Strategy Equity 337

Both Sides of the Table

JUNE 8, 2010

Greycroft is Alan’s venture capital firm that recently raised its second fund ($130 million) with offices in both New York and LA. My favorite two quotes of the weekend were: “Never trade your cat for somebody else’s dog” (referring to selling your company for stock to another privately held company – quote was from Alan.

PR 279

PR Technical Review Portfolio Customer Development 279

VC Cafe

APRIL 23, 2012

Venture capital and other forms of seed funding have been crucial for the development of the best online colleges. Many third-party educational organizations exist to maintain online schooling ventures, and these organizations typically receive most of their funding from venture capital firms. By Estelle Shumann*.

Venture Capital 96

Venture Capital Michigan Seed Capital Programming 96

Berkonomics

AUGUST 3, 2023

It’s an option, even though an expensive one. “ Strategic partner” investors: If you can find a strategic partner willing to invest in your enterprise, consider it a blessing. It is most often a win-win for both you and the strategic partner. Professional angels: This is the arena where I work and play.

Private Equity 118

Private Equity Valuation Cap Table Accredited Investor 118

Steve Blank

FEBRUARY 10, 2016

If you’re a venture capitalist … you have limited partners that give you money to invest on their behalf, and you’re responsible for giving them outsize returns. As an entrepreneur, you’re always fighting that external war whether that’s with partners or with investors. Nayeem : (Nods.)

Silicon Valley 120

Silicon Valley Ohio Columbus Entrepreneur 120

Both Sides of the Table

FEBRUARY 22, 2019

Venture Capital “Plus 1's” ?—?Many Often partners like to bring along an analyst or associate both as a way to help train younger staff (it’s an apprentice business) and also to have somebody to follow up on action items. This can be practical for both parties if this is a senior partner already sitting on 10–12 boards.

Strategic Investors 255

Strategic Investors Startup Stock Options Venture Capital 255

Both Sides of the Table

JUNE 17, 2017

It was a stock option incentive related “expense” but I bet you didn’t know that because in an era where we only read the headlines — they must be a train wreck losing billions. Is the revenue dependent on a concentrated set of distribution partners or platforms that put future revenue at risk? Two-f **g-billion! What a disaster!

Stock Options 227

Stock Options Startup Dilution Venture Capital 227

Up and Running

JULY 2, 2014

Picking the right attorney in your startup is as important as picking the right business partner. My business partner and I made many mistakes in our first tech startup, and so many of them were the result of choosing a lawyer who was a terrible fit. My business partner and I were elated. We set off to raise our money.

Technical Review 118

Technical Review Angel Investor Due Diligence Dilution 118

Steve Blank

MARCH 19, 2009

Yet two smart VC firms, Sigma and Matrix Partners, realized that somewhere in this mess there was value. Now with a new infusion of $8 million dollars of venture capital, SuperMac had been resurrected from the dead and was attempting to restart. The company was the laughing stock of the Mac market.

Silicon Valley 146

Silicon Valley Software Review Technical Review RSS 146

VC Cafe

JANUARY 24, 2021

Gamestop stock becomes more valuable than Google :-) Just kidding. Shopateinment – Shopping will become a top priority for social media companies – from TikTok to Facebook and Snap – video will be a big driver for product discovery, as Andreessen Horowitz partner Connie Chan points out.

Technical Review 207

Technical Review Audio Forecast Social Media 207