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Playing the Long Game in Venture Capital

Both Sides of the Table

This “overnight success” was first financed in 2004. All four companies were in Los Angeles (or adjacent … Santa Barbara) and our community has now matured and regularly produces billion dollar+ outcomes. Entrada Ventures? —?that This is true in consumer but it’s also true in enterprise software.

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How the New York City innovation community can still lose (and what you can do about it)

This is going to be BIG.

But I am also someone who is very colored by my past experience of seeing the venture implosion after the first bubble and walking through the fundraising tumbleweed of late 2008. Here's how you can prevent this NYC renaisannce from being a forest fire: Fail fast.

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This Week in VC – Scott Painter, CEO of Zag & TrueCar

Both Sides of the Table

Current round: $20.0mm Series-B led by Andreesen Horowitz, with USV and O’Reilly AlphaTech Ventures. led by Altos Ventures and Maverick Capital, with Larry Braitman. Incubated by Clearstone Ventures in 2008. Current round: $7.0mm Series-B led by MK Capital, withClearstone Venture Partners and Shasta Ventures.

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Master of Customer Acquisition, Matt Coffin, On Startups …

Both Sides of the Table

He tells the story of how he was out of cash, stressed out, nobody in LA or Silicon Valley would give him money, he had finally found an investor in Minneapolis but his venture bank was going to shut him down for breaking a “covenant&# in their agreement by not having enough cash in the bank.

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Why the NYC startup scene needs Sean Parker

This is going to be BIG.

He spotted Facebook in 2004 and Spotify in 2009. Foursquare was in the same position as lots of other companies when they took that first big round from AH, but it was up to a big venture capital firm to decide that this was a company in the first inning rather than the fifth, and to give it a big runway to think much bigger.

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Brad Feld Drops Knowledge. Here’s What He Said …

Both Sides of the Table

In 2004 / 2005 I was starting to get intrigued with user-generated content. Yeah, that was when I changed for me…” “…there was so much positive feedback on demystifying this one element of venture capital. Brad’s start in Venture Capital. I do something I now call community hours. RSS was something that had appeared.” “….I

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Keep It Under Your Hat: Valuation Caps and the $650 Million Sale of MySpace for $125 Million

Gust

The TL;DR answer to the stock option question is that MySpace options were cashed out at modest value at the time of the FIM merger, coming on the heels of the spin-out of MySpace into a separate subsidiary by parent company Intermix Media, with an infusion of new capital from Redpoint Ventures. Redpoint, led by Geoff Yang , invested $11.5