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How Will a Venture Capital Recovery Feel? Observations from 2008

Tomasz Tunguz

In 2008, I had just become a venture capitalist. What will a venture capital turnaround feel like? Will it be gradual or sudden? What will change the sentiment in the market? Three months later, Lehman fell & the Global Financial Crisis started.

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Pitch Deck Teardown: Uber’s $200K pre-seed deck from 2008

TechCrunch

That was a particularly fascinating thought back in 2008 because Uber had yet to launch and didn’t have a clear vision for how it was going to launch UberX. Image Credits: Uber In 2008, smartphones were starting to be a thing. They’re a thing. Size the market and call it a day.

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Cash on Cash vs IRR

A VC: Musings of a VC in NYC

Our 2008 vintage early-stage fund has generated about 5x cash on cash but only generated a 22.5% That explains why our 2010 Opportunity Fund has a lower cash on cash return but a much higher IRR than our 2008 early-stage fund. Three of our most mature funds showcase how these numbers can behave differently.

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The Fundraising Market Two Quarters into COVID

Tomasz Tunguz

We reviewed the data in May and compared it to the effects of the financial crisis in 2008 on startup fundraising. As a reminder, 2008 saw a 40% reduction in venture dollars invested in startups. These corrections match 2008. It took about six to eight quarters to return to normalcy. But the patterns this time are different.

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Product-Market Fit in Different Capital Environments

Tomasz Tunguz

In 2008, tightfistedness dominated the market. Today, a story is sufficient to raise a 2008-sized Series B. Given how much investors prefer faster growth rates and the massive surge in venture fund size, I don’t expect the ramen and ping-pong days of 2008 to return anytime soon. In my notebook, I sketched this 2x2.

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The Silicon Valley Bank Crisis: Resources and Information

Angel Capital Association

We commend the VC’s and angels that have rallied around their entrepreneurs to repurpose lessons learned from the 2008/2009 recession. history, behind only the 2008 failure of Washington Mutual with roughly $300 billion in total assets. and its failure is the second largest U.S.

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Praying to the God of Valuation

Both Sides of the Table

Between 2006–2008 I sold both companies that I had started and became a VC. SEEING THINGS FROM THE VC SIDE OF THE TABLE While I was a VC in 2007 & 2008 those were dead years because the market again evaporated due the the Global Financial Crisis (GFC).

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