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. On paper, only one is in positive return territory as a fund, but the SBIC leverage is a substantial negative factor for the LP investors in that particular fund.

SBIC 145

New video: Private equity origination best practices

David Teten

Best Practices of Private Equity Funds in Origination ” at the Wells Fargo SBIC Symposium, an event for their portfolio funds. A few weeks ago I presented on “ Where Are the Deals? I focused on using technology for sourcing. I’ve posted below the video and slide deck. If this was helpful to you, please sign up for my newsletter. The post New video: Private equity origination best practices appeared first on David Teten. New York Origination

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Private Equity and Venture Capital Origination Best Practices

David Teten

3, 2019 SBIC Symposium on “Origination Best Practices” I welcome feedback on my draft deck: Here’s a related deck I prepared on origination best practices for venture capitalists: If this was helpful to you, please sign up for my newsletter. I’m speaking at Wells Fargo’s Dec.

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. 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.

What type of capital should you raise, and from who?

David Teten

SBA loans are available through SBA-approved banks and SBIC funds. SBICs make equity and debt investments of size $100k – $10M in qualifying small businesses. A good resource for looking up SBICs is here.” . How do you decide which investor you should target and raise capital from? . I wrote recently about Should you raise venture capital from a traditional equity VC or a Revenue-Based Investing VC?

SBIC 60

Should your new VC fund use Revenue-Based Investing?

David Teten

Potentially could use SBIC financing. See Why The SBIC Doesn’t Work For Venture Capital Anymore vs. Small Business Investment Companies (SBIC) are an Attractive Alternative to Venture Capital. You’re working on launching a new VC fund; congratulations! I’ve been a traditional equity VC for 8 years, and I’m now researching Revenue-Based Investing and other new approaches to VC.

Why Governments Don’t Get Startups

Steve Blank

lesson of using SBIC funds.), Not understanding and agreeing what “Entrepreneur&# and “Startup” mean can sink an entire country’s entrepreneurial ecosystem. ——— I’m getting ready to go overseas to teach , and I’ve spent the last week reviewing several countries’ ambitious attempts to kick-start entrepreneurship. After poring through stacks of reports, white papers and position papers, I’ve come to a couple of conclusions. 1) They sure killed a ton of trees.

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. I have written occasionally about legislation in Congress and how it impacts small businesses and startups, and three proposed laws have recently caught my attention.

SBIC 74

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

Steve Blank

The Group is worth noting for: Investing their own private money, Reid Dennis would found Institutional Venture Partners in 1974 First group specifically investing in the valley’s electronics industry SBIC Act of 1958 During the cold war the launch of Sputnik-1 by the Soviet Union in 1957 both traumatized and galvanized the United States. Was it using government money as a private SBIC firm?

The Secret History of Silicon Valley Part IX: Entrepreneurship in.

Steve Blank

They would be one the first venture firms to organize their firm as a partnership rather than an SBIC or public company.

The Secret History of Silicon Valley 11: The Rise of “Risk Capital.

Steve Blank

More on the rise of SBIC’s, Limited Partnerships and the venture capital industry as we know it today in the next post.