Both Sides of the Table

OCTOBER 14, 2015

I spoke at Michael Kim’s excellent annual Cendana VC/LP conference today. You can read it in VCs discussions about hedge fund managers, activist investors or the need to have dual-share voting structures. Today I called it, “our own little VC led, portfolio-by-portfolio company version of RIP Good Times from 7 years ago.”

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TechCrunch

FEBRUARY 19, 2021

Backing the Dublin-based company, which targets mid-sized businesses that operate multi-entities, is Finch Capital, the fintech focussed VC that recently outed its third fund.

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construction accelerator collaboration VC 77

OurCrowd

NOVEMBER 19, 2020

Venture Partners , a Menlo Park-based VC firm that backed companies like Checkpoint Software Technologies Ltd. Even before Covid-19, many VC-backed industries, including cloud computing, financial technology, and digital health, were growing, and driving some of the most dynamic changes in the economy. and Box Inc. For example, U.S.

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investing investment VC venture capital 67

David Teten VC

JANUARY 12, 2022

However, few investors can directly impact the value of the underlying asset, except for private equity and venture capital investors with portfolio acceleration strategies. For example, activist hedge funds, and most private equity and VC funds. Rolling ten-year returns have steadily declined across hedge fund strategies.

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disruption peer-to-peer strategy venture capital 52

Dream It

FEBRUARY 14, 2020

From 2007 to 2011, during which the Great Recession of 2008-09 took place, the construction industry lost approximately 2 million workers. Zach Aarons, MetaProp VC Which trends are you most excited about in construction robotics from an investing perspective? according to the Bureau of Labor Statistics ( Recode ).

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construction investing investment opportunity 261

This is going to be BIG.

DECEMBER 3, 2012

Venture capital is just equity--and it's equity that isn't widely available to everyone and it gets invested in by a wide variety of investor types with different strategies. Strategies are enacted to take the "market" part of the return out and just leave the "better or worse than the market" part in. It's a lot more skill based.

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real estate venture capital creativity entrepreneurship 299

Both Sides of the Table

JULY 7, 2015

They now have a strong VC lead from Foundry Group and from experience when you get advice from Foundry it comes with authority, experience, empathy and the right amount of straight talk. With strong leads (VCs, seed funds or large angels) there is an unwritten Pottery Barn Rule. If all else fails, angel-load away! Information leaks.

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Both Sides of the Table

APRIL 20, 2011

They have totally changed the way you run a VC firm, investing heavily in systems & events for their founders that are pushing the boundaries of the way our industry works. It is clear that he is simply passionate about being a VC and participating in this industry. In 2008 they raised a much larger fund $132.5

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Founders Coop

JANUARY 11, 2023

We started the firm in 2008, on the cusp of the Global Financial Crisis, and it’s somehow fitting to be entering our 15th year as the laws of financial gravity reassert themselves once again. First, the increment of learning in VC is investment decisions managed to maturity. Founders’ Co-op turns fifteen this year.

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founder peer-to-peer VC sustainability 154

TechCrunch

AUGUST 12, 2022

“It’s comparable to the financial crisis of 2008, when poor financial products were lumped together in order to diversify risk and make them look better than they actually were,” he writes. “We all know how that turned out.” ” Thanks for reading — I hope you have a great weekend. pre-seed deck.

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pitching advice education energy 79

TechCrunch

MARCH 30, 2021

Finch Capital , the early-stage fintech VC with a presence in London and Amsterdam, is acquiring Wirecard Turkey, a subsidiary of Wirecard, the disgraced fintech out of Germany. He says that more details will be provided on the new entity’s strategy and branding once the deal has formally closed.

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capital leadership VC accelerator 98

TechCrunch

JULY 12, 2022

Startups and VC. 10 million for science-based companies : Conscience VC raises oversubscribed fund for consumer companies rooted in science by Becca. M13’s Karl Alomar: Six strategies for leading startups through a downturn. M13’s Karl Alomar: 6 strategies for leading startups through a downturn. Darrell has more.

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strategy VC leadership ventures 97

TechCrunch

JULY 19, 2022

Everyone loves an underdog, which is why investors and tech journalists are so fond of discussing startups that launched during the Great Recession of 2008, like Airbnb, Uber, WhatsApp, Mailchimp, Square and Venmo. Record VC fundraising isn’t necessarily good news for first-time fund managers. “What’s really going on out there?”

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pitching venture capital VC financing 94

TechCrunch

FEBRUARY 8, 2022

Despite the titular “Robinhood for Egypt and the Middle East”, Thndr has had to be ingenious in its strategy based on four pillars, said the founders. Tiger Global, Dubai-based early-stage VC BECO Capital and Prosus Ventures co-led the Series A investment. In addition to providing U.S. We’re big on building an investment supermarket.

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investing investment ventures incumbents 99

Gust

NOVEMBER 4, 2011

Rather than reinvent the wheel, I would point readers to Martin Kleppmann’s useful blog post with graphs illustrating the effects of a valuation cap on entrepreneurs, seed investors and later-round (typically VC) investors. Valuation caps can come into play in settings other than seed-stage convertible note financing rounds.

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incubation financing finance mix-use 98

TechCrunch

MARCH 7, 2023

However, it appears that even though VCs are proceeding more cautiously than before and taking their time with due diligence, they are still investing. CB Insights recently found that two of the largest global VC firms, Sequoia Capital and Andreessen Horowitz, actually backed more fintech companies in 2022 than any other category.

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advice ventures sustainability investment 110

Angel Capital Association

FEBRUARY 10, 2023

From an investor’s perspective, 2022 witnessed a sudden market reversal from an extreme equity seller’s market to an equity buyer’s market, causing dislocations throughout angel, VC, and startup ecosystems. It is unclear if VCs will agree to these terms, but LPs believe they now have more leverage. Smaller VC fundraises?

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startup VC SaaS capital 52

Entrepreneur's Handbook

JUNE 17, 2022

To the untrained eye, these zombies might have appeared to be alive and well– but they got deaded a long time ago by unsustainable business models and trading strategies. Prior to the 2008 Global Financial Crisis, Goldman Sachs, Morgan Stanley, Merrill Lynch, Bear Stearns, and Lehman Brothers were true investment banks.

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culture capital enablement technology 125

Andreessen Horowitz

APRIL 9, 2024

The number one input to whether or not someone buys that next incremental piece of software or potentially engages that service provider is actually how well it interacts and interoperates with the other technology decisions they’ve already made to drive it some kind of bigger strategy. And that is absolutely transformational and huge.

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SaaS strategy disruption energy 118

Both Sides of the Table

SEPTEMBER 29, 2009

I would argue that the shut-down of September 2009 was equally severe yet there are signs that this “VC Ice Age” has begun to thaw. The rest of this post series deals with the reasons why VC froze up in the first place, why investments have heated up recently and why the future of VC funding at the current pace is not certain.

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Both Sides of the Table

MAY 4, 2010

It was especially fun for me because we got the chance to talk about the VC industry and how entrepreneurs should think about the VC industry in addition to discussing deals. Segment One: Jim’s background and Clearstone’s investment strategy. Segment Three: “VC Deals Funded this Week”. Now Google is a VC.

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Both Sides of the Table

MARCH 24, 2014

I spent my first year developing proprietary deal flow and learning the business and then the Sept 2008 / Lehman Bros collapse / financial meltdown happened. Working with early-stage teams : coaching, mentoring, setting strategy, rolling up sleeves: 9/10. “I think the best VCs help drive exits alongside their entrepreneurs.

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VC venture capital ventures financing 387

Both Sides of the Table

SEPTEMBER 12, 2013

Now that he’s become a VC he’s promising me he’ll provide way more public information and discourse so please welcome him by following him on Twitter and better yet welcoming him with a Tweet of your own linking to his Twitter handle or this post. Hamet is an extension of this strategy. I stayed close.

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A VC: Musings of a VC in NYC

JULY 27, 2021

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. But even for the same strategy, you can get materially different numbers.

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opportunity venture capital strategy investment 279

Both Sides of the Table

FEBRUARY 18, 2017

Recently the firms two founding partners (and also Managing Partners) —  Fred Wilson and Brad Burnham  — decided to transition management of the firm to Andy Weissman (who joined in 2012) and Albert Wenger (joined in 2008 and writes one of the most thoughtful blogs in our industry ). Maybe that’s USV, too.

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leadership VC venture capital ventures 161

Dream It

APRIL 12, 2020

During our recent Dreamit Kickoff week, Bullpen Capital Founder and General Partner Paul Martino ( @ahpah ) spoke with our Spring 2020 cohort about the state of the VC ecosystem in the current economic crisis. VCs were basically ‘out to lunch’ and not making new investments during this time. This is not without precedent.

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ventures startup capital board 334

This is going to be BIG.

MAY 9, 2022

I’ve been asked by portfolio companies and plenty of others about how they should be changing their strategy given the stock market pullback and what they’ve been hearing on “VC twitter”. VCs need to invest to make their returns—and eventually, they’ll want to raise the next fund to layer more fees upon more fees. VCs gonna VC.

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TechCrunch

APRIL 18, 2023

Simply put, equity risk premiums (ERPs) have broken down well below the ranges that were established since 2008. Image Credits: Irving Investors The factors at play Waiting for a rebound in public market multiples to preserve previous valuations has not proven to be a good strategy. The data tells a clear and extreme story.

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ventures VC venture capital capital 82

Tomasz Tunguz

FEBRUARY 20, 2013

Last night I spoke at the Enterprise Tech VC Panel. Call it micro-VC or mega-seed fund, there’s a new investor class which raises funds between $50 and $100M to invest in seed-stage companies. In 2008, when I first started in venture, a$500k seed was sizable. We discussed five trends in the seed market and the outlook for 2013.

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Both Sides of the Table

DECEMBER 11, 2022

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). We’re still trying to find our sober equilibrium.

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Both Sides of the Table

DECEMBER 16, 2014

The speaks to the continued confidence in the venture capital markets and as I had predicted some time ago the VC markets right now are a great place to invest – especially relative to other places to put one’s money. If you want to understand how the VC industry is changing there is a great primer in the link.

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ventures VC venture capital real estate 396

Both Sides of the Table

MAY 25, 2013

But VC is like congress. As you can see from the chart their data suggests there are about $25 billion of VC distributions per year in the US. According to FLAG Capital there are 100 active VCs (as defined by making at least $1 million in VC per quarter for 4 consecutive quarters). Their data looks at tech VCs.

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VC peer-to-peer entrepreneurs investing 374

TechCrunch

JUNE 24, 2022

Startups and VC. That’s what happened this week with Ro , which laid off 18% of its full-time workforce to “manage expenses, increase the efficiency of [its] organization, and better map our resources to [its] current strategy.” Haje reports on the thing, noting that Leica only sells about 100,000 cameras per year.

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health incumbents mix-use transportation 102

Both Sides of the Table

JANUARY 16, 2012

And of course I’ve sat on the other side of the table: As a VC. This is not just the perspective of a VC although I can’t say I have zero VC bias. This is not just the perspective of a VC although I can’t say I have zero VC bias. Neither can any VC. Executive Summary. Why buy me?

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strategy development VC advice 367

TechCrunch

NOVEMBER 21, 2020

Many of the companies above have been bottled up for years behind privately funded growth strategies. On to the headlines from TechCrunch and Extra Crunch: If you didn’t make $1B this week, you are not doing VC right (EC). The VC and founder winners in Airbnb’s IPO (EC). Why some VCs prefer to work with first-time founders.

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construction venture capital VC mix-use 130

Both Sides of the Table

MARCH 11, 2010

It also takes options off the table if you eventually find out that this isn’t a VC backable business. I’ve spoken about this in a post entitled, “ Do you even need VC ?&# I say define a strategy, test it up front and pivot if you’re not getting the traction you had expected. Who started this meme?

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startup advice venture capital VC 319

Both Sides of the Table

JANUARY 5, 2010

Having street smarts with no inspirational ability to build teams can yield a great small business but will be difficult to scale into a large VC-backed business. So we as VCs search for entrepreneurs/founders who have the whole package or as much of it as possible. In the book they profile how VC worked in the early days (60s / 70s).

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