article thumbnail

The Twenty Year Itch: My Last VC Investment Out of Brooklyn Bridge Ventures

This is going to be BIG.

Sometime in the next few weeks, I’ll complete my next investment. Last August, I passed the point at which I had spent literally half my entire life working in this asset class, having started at the General Motors pension fund doing institutional investments in venture funds and late-stage directs back in February of 2001.

ventures 545
article thumbnail

The Hit Rate

A VC: Musings of a VC in NYC

In the Correlation post, they define “hit rate” as: the percent of invested dollars generating a 10X or greater return. It could be the number of investments in your portfolio that return the fund. It could be the number of seed investments you make that turn into billion-dollar valued businesses.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Coming Zombie Startup Apocalypse

This is going to be BIG.

Those companies would have not only returned any fund that invested in them, but would likely return an entire career''s worth of investing over the course of several funds. Why invest at top dollar in the last round, when you can offer liquidity to early investors at a huge discount to the last round?

startup 418
article thumbnail

As the head of Helios’ new VC arm, Wale Ayeni sees value in frontier markets

TechCrunch

Wale Ayeni , one of Africa’s well-known investors, has a new role as the head of Helios Digital Ventures, the venture capital strategy of private equity firm Helios Investment Partners, TechCrunch has learned. It raised $50 million in Series B earlier this month, in a round that marked PayPal Ventures’ first MENA investment.

VC 59
article thumbnail

Has a startup finally found one of food science’s holy grails with its healthy sugar substitute?

TechCrunch

“Sugar is a massive consumer of water and in contrast, there’s big sustainability pitch for what we do. ” Senkut and Felicis invested in Cambridge Glycosciences almost immediately after seeing the company’s presentation at Y Combinator. That’s made form a sustainable source but also biodegradable.”

startup 134
article thumbnail

Q&A with Meg Salyer

Innovation 2 Enterprise

She is also principal of Broadway Realty, investing in, and repurposing, historic properties. She served as the first woman president of the Rotary Club of Oklahoma City, (2003/2004), one of the largest Rotary Club in the world. She began her professional career as a corporate loan officer with the Chase Manhattan Bank in New York.

article thumbnail

From $800k to $274M in 4 Years - The Story of Ariba

Tomasz Tunguz

At the outset, Ariba sustained very high gross margins, in the low 80 percent range. At the time of its IPO, the company was only investing about 75% of its revenue and sales and marketing. In 2002, the company invested significantly in sales and marketing, but suffered a decline in revenue. The company spent $46.4M