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The Changing Venture Landscape

Both Sides of the Table

In 2001 companies IPO’d very quickly if they were working, by 2011 IPOs had slowed down to the point that in 2013 Aileen Lee of Cowboy Ventures astutely called billion-dollar outcomes “unicorns.” Today you have funders focused exclusively on “Day 0” startups or ones that aren’t even created yet. Ten years on much has changed.

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Jitx wants to change the way engineers design circuit boards using code

TechCrunch

Jitx , a startup from three Berkeley alumni, recognized that the digital approach to board design hadn’t changed much and they saw an opening. The roots of the idea go back to work that Haldane was doing as a grad student in 2013. It was led by Sequoia Capital with participation from Y Combinator, Funders Club and Liquid 2.

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Ghanaian agtech Farmerline raises $1.5M from Dutch investor Oikocredit

TechCrunch

Founded in 2013 by Alloysius Attah and Emmanuel Owusu Addai , Farmerline works through agro-dealers, who are usually the first point of knowledge for farmers, in ensuring access to high-quality supplies, including fertilizer and seeds. It also uses that data to determine the amount of business expansion credit to give to agro-dealers.

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Are SAFE’s Truly Everywhere? The Role of SAFEs in Angel-Stage Deals

Angel Capital Association

Y Combinator, a leading incubator, invented the original (pre-money) SAFE (Simple Agreement for Future Equity) in 2013 to provide an easy, fast and cheap way to fund the dozens of startups comprising a Y/C batch. SAFEs remain prevalent for incubator and earliest stage startup hub deals, stages typically prior to major angel investing.

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Will the most successful crowdfunding portals be restricted to accredited investors?

Gust

By definition, none of these are operational yet because they won’t be legal until the beginning of 2013, but there sure are a lot of folks throwing their hats into the ring here. I wouldn’t even hazard a guess in this group until we see who the players are, with their particular wrinkles and implementations.

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Where would I go to invest in startups or emerging companies?

Gust

” If we’re talking about the US and you are NOT at the Accredited level ($1 million in investable assets, or $200,000 annual income), then for the moment you are actually not allowed to invest in privately held startups (emerging public companies, of course, you can buy on the stock market like everyone else.).

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Silicon Valley is a surprisingly clubby ecosystem: FC's Alex Mittal

FundersClub

So how is Funders Club different than other VCs? Previous to that, he had started and sold a music startup. Obviously we also consider it necessary for a startup to be in a market that is big enough to justify a VC investment. More often than not, startups will not end successfully. Can you speak to that a little?

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