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Starting (Up) in the Big Sky: Fund Raising Outside Silicon Valley

ReadWriteStart

But we did eventually raise capital outside Silicon Valley. in revenue. When I do it again - and I think I'd do it outside NYC or Silicon Valley - these are some basic rules that I'd try to follow: Write as much code as humanly possible before raising any capital. revenue) before they write a check.

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How to Raise Money – It’s a Journey Not An Event

Steve Blank

There are two reasons to raise money: You have a killer idea that is only partially validated, that you think can get to $50M+ of revenue in 5 years with 80%+ gross margins (if margins are lower, you need a lot more revenue)and you need money to get to product-market fit, or. Pre-seed Round of Funding.

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The Difference Between Apple & Facebook ? AGILEVC

Agile VC

Both companies generate direct revenue from their platform in the form of a revenue share / platform tax (typically 30%) on software and digital goods sold through the respective platforms. Facebook’s direct platform revenue accounted for about 15% of the company’s overall sales whereas Apple’s was less than 1%.

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Blitzscaling: Silicon Valley’s Harmful Idea of Success

Austin Startup

For much of 2014 and 2015, I banged my head against a plane window flying back and forth between Austin and Silicon Valley while trying to raise institutional VC money for Localeur. Are there amazing Silicon Valley VCs out there with whom entrepreneurs should work to partner? but it’s true. Most definitely.

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What’s Really Going on in the VC Industry? What Does it Mean for Startups?

Both Sides of the Table

The best and most consistent funds in Silicon Valley (e.g. But my conversations in the private corridors on Sand Hill Road in Silicon Valley is that many fund sizes will be smaller going forward. Revenue must come from a primary source (as opposed to advertising or other third party sources). Others will, too.

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What Do LPs Think of the Venture Capital Markets for 2016?

Both Sides of the Table

And while there is a narrative that most LPs only want to invest in the long-standing Silicon Valley brands that have existed for the past 40 years, there is evidence that many LPs understand that it is possible for new entrants in our industry to stake out grounds of differentiation. But there’s no doubt, some will make money.

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LinkedIn: The Series A Fundraising Story ? AGILEVC

Agile VC

Silicon Valley is still emerging from the tech bubble and massive downturn of late 2000-2002. Online social networking is a concept still being evangelized even in Silicon Valley… Friendster is in private beta (wasn’t until Oct 2003 they received Google acquisition offer which they turned down for Kleiner/Benchmark round).