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The year ahead: 2011

This is going to be BIG.

There will be an estimated 50+ million tablets sold in the US in 2011, and 36 million of them will be iPads—I’m likely to be a buyer at some point before I head to Strata. I have five trips (3 work, 2 personal) planned in the first three months—and I’ll look to plan two trips abroad.

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The Changing Venture Landscape

Both Sides of the Table

.” * I first wrote about the changes to the Venture Capital ecosystem 10 years ago and this still serves as a good primer of how we arrived at 2011, a decade on from the Web 1.0 The market today would barely be recognizable by a time traveler from 2011. dot-com bonanza. Ten years on much has changed.

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2011 Valuation Survey of North American Angel Groups

Gust

Because of the interest in the 2010 survey, I decided to survey a larger number of North American angel groups this summer (2011). 2011 Angel Group Valuation Survey. Bill Payne October 2011. Here is a summary comparison of the 2011 results to last year’s survey of only 13 groups: The average valuation increased from $1.7

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Pacific Crest’s 2011 SaaS Survey

For Entrepreneurs

Pacific Crest, an investment banking firm with a strong focus on SaaS, has surveyed a 70 SaaS companies with very interesting results. There is some great data on topics such as growth rates, cost of customer acquisition, churn/retention, expense models, capital efficiency, etc.

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The AVC Cap Table Template

A VC: Musings of a VC in NYC

I went to that blog post and clicked on the link and sure enough someone had swapped out my cap table template from 2011 with their own cap table. So I went to my google drive and searched and found the cap table that I had built for that post back in 2011, made a copy, made it public on the web but view only, and fixed the link.

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2024 Thiel Foundation Fellows Announced

American Entrepreneurship

The latest cohort joins 270 alumni of the program that began in 2011. The Thiel Foundation continues its commitment to innovation and disruption achieved by bright young minds, outside of academic studies, by announcing its 2024 class of Thiel Fellows.

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Regenerative Finance (ReFi)

A VC: Musings of a VC in NYC

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. In the last thirteen years, Kickstarter has helped direct $6.2bn towards creative work that would not have been funded by the legacy institutions that support creative work.

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