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A VC: Musings of a VC in NYC

USV seeded Tumblr along with our friends at Spark in the summer of 2007 and were actively involved in the development of the company until its sale to Yahoo! I maintained an active Tumblog from before we invested in 2007 until October 2016, when I stopped posting there. The news hit yesterday that WordPress has purchased Tumblr from Verizon (which owns it by virtue of its acquisition of Yahoo! and AOL).

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Venture Hacks goes rogue

Venture Hacks

And for cleaning up this old blog which launched on April 1, way back in 2007. Venture Hacks is now independent of AngelList. Muchos thanks to AngelList for assisting with this transition (Aaron, Jake, Kevin). The first version of AngelList was a blog post on Venture Hacks. It shipped in one day, maybe two. I don’t know if anyone remembers, but it was called AngelBase back then. They’ve come a long way since then.

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Two Important Points For Your Next Pitch

GAN

in 2007, and we ended up getting married in 2009. The other day I was on a call with a good friend. He’s a great entrepreneur and asked if he could run the pitch for his new company by me. It was a great pitch.

The History of Nokia

Feedough

of the market share in 2007. In 2007, the market share of Nokia swelled up to 49.4%, making it the one and only company in the world to do so. From being the largest telecom company in the world in 2007 to being on the brink of bankruptcy in 2013, Nokia saw their worst days.

Including the 50+: Overlooked Aspects of Inclusion in Ecosystem Building, Part 1

Co Starters

In 2007, Facebook founder Mark Zuckerberg famously—or infamously, depending on your perspective—said “Young people are just smarter.” By Rich Bailey. This article is the first in a three-part series covering sometimes overlooked aspects of inclusion in entrepreneurial ecosystem building. Conversations about inclusion often focus on race and gender, but those factors—while vital—are not the only dimensions of inclusion that may need to be addressed. Part one considers age inclusion.

10 Zurich-area investors on Switzerland’s 2020 startup outlook

TechCrunch

Venture Kick was launched in 2007 with the vision to double the number of spin-offs from Swiss universities and draws from a jury of more than 150 leading startup experts in Switzerland. European entrepreneurs who want to launch startups could do worse than Switzerland.

Techstars introduces Techstars Studio to rapidly envision, validate, and launch startups

TechStars

In 2007, Techstars forever changed the way entrepreneurs build companies by introducing the mentorship-driven accelerator model,” said David Cohen , founder and co-CEO of Techstars. Techstars Studio Will Create Disruptive New Startups and Help Large Corporations Innovate. January 16, 2019 — BOULDER, Colo.

Clear River Enviro

Innovation 2 Enterprise

Since 2007, iMCI and i2E, Inc. The Center for Disease Control estimates that more than 90 people die in a day from misuse of prescription opioids, and more than 1,000 are treated in emergency rooms. There are multiple paths to tackling this onslaught on our national health, from drug treatment programs, to tighter control of the supply and distribution of opioids, to more effective disposal of opioid waste from hospitals and other health care delivery facilities.

MasSpec Pen

Innovation 2 Enterprise

Since 2007, iMCI and i2E, Inc. Genio Technologies, Inc. has acquired exclusive rights to the MasSpec Pen System, a revolutionary technology from the University of Texas at Austin that is proven to accurately identify the difference between cancerous and normal tissue during surgery. The MasSpec Pen System, developed in the lab of Livia Schiavinato Eberlin, Ph.D.,

Startup Investing: The New Trend in Alternative Assets

Onevest

While the Wall Street Journal claims “very few start-ups” received angel investment in 2007, Stanford Graduate School of Business, Center for Entrepreneurial Studies proclaims “90% of all see and start-up capital” comes from angel investors. By Tim Hoghten. By definition Angel Investors are individual investors. But the data shows a rapidly growing trend in accredited investors investing together.

i2E leads $11.5 million investment in Oklahoma City-based Linear Health Sciences

Innovation 2 Enterprise

Since 2007, iMCI and i2E, Inc. April 1, 2020. Contact: Sarah Seagraves, Senior VP for Marketing. 405) 813-2403. sseagraves@i2E.org. Oklahoma City, OK-based Linear Health Sciences has developed a globally patented medical device known as the Orchid Safety Release Valve (SRV), designed to limit disconnection of IV catheters for patients worldwide. OKLAHOMA CITY — i2E Management Company, Inc.

One Decade In, Saying Hello to the Next One: Announcing Founders’ Co-op IV

Founders Coop

The long-running property bubble had popped in late 2007 and global markets were unraveling, eventually turning into what would become known as the Great Recession. Where does the time go? In early 2008 we announced the formation of Founders’ Co-op. We called it a fund, but at $2.7 million it wasn’t much of one, just some of our own money and some from a few local friends who knew how hard it was to be a founder up in this remote corner of the world.

[DreaMed in Med-Tech Innovation] Artificial pancreas algorithm used in new Medtronic system

OurCrowd

Moshe Phillip in 2007. The development of the MD-Logic algorithm was initiated at the Institute of Endocrinology and Diabetes at the Schneider Children’s Medical Centre of Israel headed by Prof. The project spawned the creation of DreaMed Diabetes and an agreement with Medtronic, leading to the implementation of the algorithm into the MiniMed 780G system. Read more here.

Accelerating Sustainable Food Business Solutions to Reshape Our Cities

Impact Hub

2007 marked an important milestone for the Earth’s cities. It happened without us realizing at the time. In one of the world’s urban centers – perhaps Dhaka or New York, or maybe Tokyo or Lagos – somebody (we’ll never know who) tipped the balance on the urban-rural scales.

AcousticSheep Installs Artificially Intelligent Art at Ben Franklin Technology Partners of Central and Northern PA

Ben Franklin Technology Partners

AcousticSheep was founded by Wei-Shin Lai and Jason Wolfe in 2007. ERIE, PA – October 9, 2019: ?. AcousticSheep LLC, the Erie-based company that invented the? world’s most comfortable headphones for sleeping, branched out with its first art installation at Ben Franklin Technology Partners of Central and Northern Pennsylvania and Penn State University’s Behrend campus for the “Art + Tech + Entrepreneur Experience.”.

How Much Due Diligence Does An Angel Really Need To Do?

Paul G. Silva

A 2007 study found that angel investments in which at least 20 hours of due diligence was done were five times more likely to have a positive return than investments made with less due diligence time. Due diligence (AKA “doing your homework” on a startup to see if investing is the right call) should clearly take time… but how much?

Acceptance and The Narrative Fallacy in the Times of COVID-19

Ian Hathaway

Nassim Nicholas Taleb also addresses this in his 2007 book, The Black Swan: The Impact of the Highly Improbable. In the last week, I’m witnessing an acceleration in what I’ll call “The COVID Struggle,” or more simply, “The Struggle.”

i2E Management Co. Inc. leads $5.2 million investment in PhotoniCare Inc.

Innovation 2 Enterprise

Since 2007, iMCI has invested more than $58 million into 56 companies representing industries ranging from life sciences to software/IT. # # #. Champaign, Ill. September 3, 2020 – PhotoniCare, Inc.,

Because the Domain Makes it Really Real

This is going to be BIG.

What might be a more relevant date is May 22nd, 2007. Three years ago today, I grabbed the domain name BrooklynBridgeVentures.com. It''s kind of a funny answer to "When did you start Brooklyn Bridge Ventures?". That''s the day I sat down for lunch at Coffee Shop with Henry Blodget, just six days after Silicon Alley Insider launched.

What is the Definition of a Seed Round or an A Round?

Both Sides of the Table

There weren’t a lot of seed funds in 2007 so this was often done by angels, funding consortia or sometimes early-stage funds that existed then (First Round Capital, True Ventures, SoftTech VC, etc.). 5 million was always the classic definition of an A-round between the late nineties (crazy financings aside) and say 2007.

What Could the Venture Market Look Like in the Coronavirus Era

Tomasz Tunguz

That grew to about $5B per quarter in 2007 and early 2008. What could happen to the fundraising market in the coronavirus era where organizers cancel events, the financial markets suffer from a bear market, and there is a lot of uncertainty? The most recent event to use as an analogy is the 2008 financial crisis. In 2008, I had just joined the venture industry, and then Lehman fell. So this was a bit of a trip down memory lane. Let’s look at the data.

Oklahoma Investors Lead $5 Million in Funding for Tulsa Battery Material Developer and Manufacturer, Ten-Nine Technologies:

Innovation 2 Enterprise

Since 2007, iMCI and i2E, Inc. Ten-Nine Technologies to onboard engineering and management talent, develop prototypes, and build production facilities to supply a leading battery manufacturer – major funding provided by i2E Management Company, Inc., investing for growth in Oklahoma, as well as Oklahoma and Kansas angel investors. FOR IMMEDIATE RELEASE. May 7, 2020, 09:00 US Central Time. Contact: Sarah Seagraves. Senior VP for Marketing. 405) 813-2403. sseagraves@i2E.org.

Managing Multiple Twitter Handles

A VC: Musings of a VC in NYC

I have done that since I joined Twitter in the spring of 2007. Like Mitt Romney and Kevin Durant, I manage multiple Twitter handles. Although neither is a secret handle. I use @fredwilson for my personal tweets and I use @avc for this blog. The idea is to keep AVC blog discussions on @avc and leave @fredwilson for other things.

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Why You Should Put Yourself Out There and Try New Products

Both Sides of the Table

In 2007 I started using Twitter and most of my friends & colleagues wondered why people would care what I ate for lunch. In 2006 I started using Facebook and most of my friends & colleagues thought I was strange. They thought it was like MySpace and why did I need a MySpace page? In 2008 I started VC blogging. I had blogged when I was an entrepreneur. I went to an industry event where people actually called me self-centered for writing publicly.

Creating Global Access to Medical Innovation: Ruth Atherton, Bill & Melinda Gates Foundation

OurCrowd

15-million cases and 617,000 deaths. To many, the quick spread and drastic transformation of society at the turn of the coronavirus pandemic was a shock.

Why We Think B2B Crowdsourced Logistics Will Be a Big Hit

Both Sides of the Table

Six months ago Upfront Ventures announced its first Partner hire since 2007 – Greg Bettinelli. I wrote about him here. More importantly, he has just announced his first investment – he led a $7 million investment in Deliv – please read about it on Greg’s spiffy new blog. It’s been a really exciting time for me personally to be able to see a partner come in with the energy, enthusiasm and new ideas that remind me of myself 6 years ago.

Real talk on fundraising for a small fund

This is going to be BIG.

I watched Twitter blow up at SXSW in 2007—even got into the Twitter book about surfacing it to the USV team, which was awesome except for the part where Nick Bilton (of all people) felt the need to describe me as “shorter” (I’m 5’11”, thank you). I don’t really have a particular goal with this post. I’m just sharing. When I started leading deals at First Round Capital, I sourced investments in 8 companies.

Do you have to bankrupt yourself to start a company? How all in is all in?

This is going to be BIG.

I started a company back in late 2007. We raised $550k in seed funding and, despite a lot of hard work, things didn’t work out. It turned out I wasn’t such a great product manager, the technical things we were doing were about two years too early—about to be made orders of magnitude easier by a lot of cloud and big data tools, and, oh, yeah, Lehman went under when I was pitching VCs for money in 2008.

TechCrunch: Where top VCs are investing in construction robotics

Dream It

From 2007 to 2011, during which the Great Recession of 2008-09 took place, the construction industry lost approximately 2 million workers. Via TechCrunch by Arman Tabatabai: Venture capital has been flooding the various subverticals under the robotics umbrella in recent years, and the construction space is one of the largest beneficiaries. Last November, we surveyed 13 of the top robotics-focused VCs to find out which areas of robotics are exciting them most going into 2020.

Small Groups and the Long Game at #SXSW

This is going to be BIG.

In 2007, I met Rob May for the first time in person at the first SXSW I ever went to. In 2010, I funded his company, Backupify , which has gone on to raise over $19 million in funding and is set to have their best year of revenue to date. I didn''t meet Rob at a big flashy party. We just hung out in a small group of nobodies, having chatted a bit through our respective blogs before.

i2E Management Co., Inc. leads $1.25 million investment in Tulsa-based MS Pen Technologies, Inc.

Innovation 2 Enterprise

Since 2007, iMCI and i2E, Inc. January 23, 2020. Contact: Sarah Seagraves, Senior VP for Marketing. 405) 813-2403. sseagraves@i2E.org. Genio Technologies, Inc. has acquired exclusive rights to the MasSpec Pen System, a revolutionary technology from the University of Texas at Austin that is proven to accurately identify the difference between cancerous and normal tissue during surgery. OKLAHOMA CITY — i2E Management Co., recently led a $1.25

Did Twitter Kill the Blogger Star?

Both Sides of the Table

When Twitter first became popular with niche crowds in 2007 it seemed to take hold initially with bloggers. I have started blogging again having taken a hiatus since 2007 (actually, I was initially embargoed by Salesforce.com who didn’t want me blogging after they acquired my company). People had been steadily blogging for 2-3 years and this crowd seemed to bifurcate.

Ycombinator - Where unicorns are born

Don Dodge

They were part of the Ycombinator Cambridge class of 2007, after being rejected by YC in 2005 and 2006. I remember the Demo Day in 2007 where DropBox presented to about 30 Boston area Angels and Venture Capital investors. Two years later in 2007 I interviewed Paul and asked him why he started Ycombinator. Angel investing in tech startups is a gut wrenching and risky business. It sometimes feels like buying $25,000 lottery tickets.

When Should You Allow Exclusivity in Deals?

Both Sides of the Table

Before weighing in on the subject I would point out one thing that should be obvious to many of you – the iPhone was originally launched in 2007 in an exclusive partnership with AT&T and this was vital to both Apple and AT&T and was a hard negotiation throughout 2005 and 2006.

How I Got the Monkey Off My Back – Today Was a Good Day

Both Sides of the Table

I become a venture capitalist in September 2007 – exactly 6.5 years ago. I spent my first year developing proprietary deal flow and learning the business and then the Sept 2008 / Lehman Bros collapse / financial meltdown happened. As a result I didn’t write my first venture capital check until March 2009 – exactly 5 years ago. That company was Invoca, which just announced a $20 million fund raise led by Accel.

Ben Franklin CNP Clients Answering the Call to Help with COVID-19

Ben Franklin Technology Partners

Dr. Wei-Shin Lai, a family physician, and her husband Jason Wolfe, a video game developer, founded AcousticSheep in 2007 and manufacture SleepPhones® and RunPhones® brand headphones. Many clients of Ben Franklin Technology Partners of Central and Northern Pennsylvania are answering the call to assist the commonwealth on a number of fronts in response to the many serious challenges connected to the COVID-19 pandemic.

Congrats to Backupify! A Great Exit Story for the First Company I Ever Backed

This is going to be BIG.

I didn''t actually get to meet him in person until SXSW in 2007. Today, Backupify announced that it is getting purchased by Datto. It''s a solid exit to a company that has lots of revs, is growing, and together will form a very formidable player in the data backup space--one that can definitely be a public company in the next couple of years.

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