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Regenerative Finance (ReFi)

A VC: Musings of a VC in NYC

Our investment in Kickstarter back in 2009 is an excellent example of that. Our interest in web3 which started back in 2011 was also grounded in the idea that new forms of funding are necessary to finance innovation and creative work. And that is why Regenerative Finance (aka ReFI) is so interesting to me.

financing 226
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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

This happens slowly because while public markets trade daily and prices then adjust instantly, private markets don’t get reset until follow-on financing rounds happen which can take 6–24 months. What is a VC To Do? I can’t speak for every VC, obviously. In 2009 we could take a long time to review a deal.

VC 416
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The Changing Structure of the VC Industry

Both Sides of the Table

The VC market has right-sized (returned back to mid 90′s levels & less competition). But it still takes VC to scale a business (thus large capital into industry winners like Uber, Airbnb, SnapChat, etc). But it still takes VC to scale a business (thus large capital into industry winners like Uber, Airbnb, SnapChat, etc).

VC 398
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What is it Like to Negotiate a VC Round?

Both Sides of the Table

” Today I want to talk about how a VC thinks about equity pricing on your round and particularly if you’re coming off of a convertible note. This was until about 2009 because most the investments in companies came from one, maybe two, sources. So how DOES a VC think about financings at early stages?

VC 364
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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). THE VC VALUATION GOD Valuation obsession wasn’t restricted to startups.

VC 466
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Making Sense of the Stock Market Drops in Relation to Venture Financing

Both Sides of the Table

It will make follow-on financings much harder and people will have to consider whether or not to do inside rounds. These are all normal things but in this big run since 2009 we’ve all gotten used to nearly 100% follow-on financing rates, valuations only moving up, deals clearly the convertible note caps and low mortality rates.

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MoveinSync Targets $50 to $60 Million in Latest Funding Drive for Commute Innovation

AsiaTechDaily

MoveinSync’s Strategic Funding Round This financing round is intended not only for growth but also to provide an opportunity for some of its early investors to partially exit. They aim to secure between $50 to $60 million. Among the interested investors is Bessemer Venture Partners.