Trending Sources

Why The SBIC Doesn’t Work For Venture Capital Anymore

Feld Thoughts

I woke up to an article in Daily Camera today titled Small Business Administration trying to bring SBIC funds to Colorado. I’m an investor in over 40 VC funds around the world (mostly in the US) and three of them are SBIC funds. Each of the SBIC funds were raised in the 2000 – 2002 time period. Venture Capital sbic VC

SBIC 51

A Venture Capital History Perspective From Jack Tankersley

Feld Thoughts

For example, my firm at the time, Continental Illinois Venture Corporation, the wholly owned SBIC of Chicago’s Continental Bank, had many successful investments. Highly regarded private SBIC, **Sutter Hill Affiliate, Norwegian Shipping Family, +B of A’s SBIC. However, there were some things in it that didn’t ring true for me.

The SBIC Program ? An Alternative Source of Capital for Private Investment Funds

Recent Buzzes - VC Experts, Inc.

In this challenging fundraising environment, private equity ("PE") managers have shown increased interest in obtaining capital through the Small Business Investment Company ("SBIC") program, which provides attractive loans to PE firms licensed by the Small Business Administration (the "SBA") for the purpose of financing small businesses.

SBA 0

Welcome to SBA Ventures LLC.

Fresh Inc.: The Staff Blog

In the next 30 days, Hatteras says it plans two investments from the SBIC portion of the fund. percentage points.

LLC 27

What Makes a Successful Startup Community? Is it Possible to Build One Where You Live?

Both Sides of the Table

This article originally appeared on TechCrunch. Think Fred Wilson, Tony Hsieh or Brad Feld. Here are mine: 1. And I really mean everywhere. Machinima.

Your Financial Model Is A Work Of Fiction; Build It Anyway

Seed Stage Capital

They take a ton of time to build. They are complex and often messy. They are never truly “right.&# Here’s why. Why Build A Model?

SBIC 56

Startup Business Development Strategies: 7 Tips For Putting.

Seed Stage Capital

It’s a bit like a triathlon, in that it stretches your abilities in multiple arenas. A few tips for startups doing deals: 1. Get creative.

Small business Congress-watch: Three Pending Bills and Why They Matter

crowdSPRING Blog

511: EXCEL Act (Introduced 3/11/2013) The EXCEL (Expanding Access to Capital for Entrepreneurial Leaders) Act amends the Small Business Investment Act of 1958 and seeks to guarantee the payment of securities issued by small business investment companies (SBICs) of up to $4 billion annually. What’s the holdup? How so, you ask?

SBIC 17

Coming Soon: A Game Of Startup M&A Musical Chairs

Seed Stage Capital

It’s a classic supply and demand imbalance, and my conclusion (also voiced by Naval) is that startup failure rates will rise. and 2.0 Like This?

Former SBA Chief Karen Mills on How to Jump Start the Economy Now

Fresh Inc.: The Staff Blog

The SBIC program deployed $3 billion in capital to such entrepreneurs in 2013. What your business and the U.S. s 28 million small businesses.

SBIC 11

The Lowdown on Obama's Small Business Plan

Fresh Inc.: The Staff Blog

Then there's the president's proposal to add $1 billion to the amount of federal funding available to SBICs, or Small Business Investment Companies.

Startup Valuation: How Much Is Your Company Worth?

Seed Stage Capital

skip to main | skip to sidebar 19 January 2010 Startup Valuation: How Much Is Your Company Worth? Unfortunately, I cannot make it much less fuzzy.

What Startups Can Learn From Sailors (Part Deux.

Seed Stage Capital

The first installment can be found here. Part II of What Startups Can Learn from Sailors: A For Attitude. Conditions are often stressful. Savor it.

SBIC 46

Deals Gone WIld (aka "What Drives Massive Startup Valuations?")

Seed Stage Capital

skip to main | skip to sidebar 11 January 2011 Deals Gone WIld (aka "What Drives Massive Startup Valuations?") But what about the outliers? to $3.7B

Why You Should Care About Mezzanine Financing

Fresh Inc.: The Staff Blog

Small Business Administration website, which provides information about SBIC programs. Mezzanine financing is one of them.

Startup Financial Models and Forecasts: Part II.

Seed Stage Capital

You can read that post here. In this post, I discuss what makes a model a "good" model. For example, let’s say you have an ad supported website.

The Secret History of Silicon Valley 12: The Rise of “Risk Capital.

Steve Blank

SBIC’s were worth noting for: The good news – government money for startups encouraged a “risk capital” culture at large financial institutions.

More SBA Funding for Startups? Maybe. | VentureArchetypes Blog.

Seed Stage Capital

One is about increasing SBIC funding; Im hugely in favor-- to me thats a no-brainer. Maybe. of all financing, but 10% of all U.S. Many Thanks!

In Praise of "Dumb Money"

Seed Stage Capital

I do this because of a common disconnect, a misperception of angels as mythical creatures willing to shoulder all the financial risk in a startup.

SBIC 11

When Is A Startup "Venture Fundable?"

Seed Stage Capital

skip to main | skip to sidebar 12 July 2010 When Is A Startup "Venture Fundable?" In a nutshell, the main factors are: 1. The “Big Idea.&#

SBIC 11

Startup Acquisitions: Exit Strategy

Seed Stage Capital

See below for our presentation, which can also be found on Slideshare by clicking here. If you like it, please share it or tweet it. Thanks! Like This?

Financial Modeling for Startups-- How Much Will It Really Cost?

Seed Stage Capital

skip to main | skip to sidebar 08 October 2009 Financial Modeling for Startups-- How Much Will It Really Cost? Please share it! Many Thanks! Like This?

Wisdom from Marc Andreessen | VentureArchetypes Blog: Seed Stage.

Seed Stage Capital

skip to main | skip to sidebar 06 July 2009 Wisdom from Marc Andreessen Marc Andreessen is an amazing guy. Hes made investments in Twitter and Digg.

The Case for Taking a VC's Money (even if you don't need it.

Seed Stage Capital

This had the added-- and very significant-- advantage of giving him leverage in his discussions and negotiations. Is your train moving? Many Thanks!

Basic (But Solid) VC Pitching Tips | VentureArchetypes Blog: Seed.

Seed Stage Capital

They have compiled some pretty useful content and pitching tips. Somtimes its the little things. Please share it! Many Thanks! Like This?

Things A Founder Will Never Say | VentureArchetypes Blog: Seed.

Seed Stage Capital

and, Preparedness: "Our marketing plan is to pray for TechCrunch coverage." Spot on! Please share it! Many Thanks! Like This? Please Share It!

Things A VC Will Never Say | VentureArchetypes Blog: Seed Stage.

Seed Stage Capital

Things a VC Will Never Say My favorites: Humility: "Quite frankly, Im not the smartest person in the room." Good stuff! Please share it! Many Thanks!

apple's business plan and offering memorandum

Seed Stage Capital

skip to main | skip to sidebar 08 June 2009 Apples Business Plan and Offering Memorandum Apple is one of the most fascinating companies, ever.

vc blog lists and rankings

Seed Stage Capital

Plus, there are some great names on these lists. a "value proposition that meets their values." Who is your favorite VC blogger? Please share it!

More on M and A for Startups | VentureArchetypes Blog: Seed Stage.

Seed Stage Capital

link] I particularly like these tips: "Look at it from the acquirer’s perspective." In other words, whats in it for them? What do they need?

Acquisition As An Exit Alternative | VentureArchetypes Blog: Seed.

Seed Stage Capital

Scarcity and synergy. In my view, the "scarcity" discussion may be hard for many startups-- particularly in the Internet space-- to argue effectively.

Tough Market for Entrepreneurs? VC Firms Are Having a Rough Go Of.

Seed Stage Capital

skip to main | skip to sidebar 21 April 2009 Tough Market for Entrepreneurs? VC Firms Are Having a Rough Go Of It As Well. economy and stock market?

Positioning for a Startup Market Turnaround | VentureArchetypes.

Seed Stage Capital

Now there are signs that things may be (slowly) starting to turn around. Ive had a couple lunches with attorneys this week which were illuminating.

in search of.the ideal term sheet

Seed Stage Capital

You can download it on docstoc here. It is very basic (a good thing) and entrepreneur-friendly. Anyway, its useful as a starting point for discussions.

Key Elements for Selling Your Company | VentureArchetypes Blog.

Seed Stage Capital

Matt is a Chicago VC and MD at DFJ Portage VP (just to throw a few mysterious acronyms at you). Please share it! Many Thanks! Like This?

some thoughts on term sheets

Seed Stage Capital

Among them: #1: The salary he asks for ($225k). He was hungry. 2: The option pool. The founder is looking to carve off 8.3% What am I missing?

Should Government Help Fund Startups? | VentureArchetypes Blog.

Seed Stage Capital

skip to main | skip to sidebar 18 May 2009 Should Government Help Fund Startups? it historical or future-looking? The U.S.s Please share it! Like This?

the best funding strategy of them all: none

Seed Stage Capital

link] Bootstrapping is one of the mantras I repeatedly drive home to the startup companies I work with. thrown by newly funded startups. Many Thanks!

closing term sheets quickly (+ avoid the co-investment term sheet)

Seed Stage Capital

link] I like the advice.one of the biggest pains is to get VCs to move on your timetable. They went as far as putting down a term sheet. Many Thanks!

A "4-Pillar Plan" to Fix the IPO Market | VentureArchetypes Blog.

Seed Stage Capital

VC firms, law firms, I-banks, etc.). Why does it matter? It wasnt always so. Heady times, but not healthy. I like the people involved in this too.