TechCrunch

JUNE 2, 2021

David Teten is founder of Versatile VC and writes periodically at teten.com and @dteten. 5 innovative fundraising methods for emerging VCs and PEs. Paulina Symala is a consultant at Oliver Wyman and a past intern of Versatile VC. At Versatile VC , we’ve used all these models. More posts by this contributor. Contributor.

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Both Sides of the Table

MAY 3, 2015

. — Scott Belsky (@scottbelsky) April 29, 2015. It spoke to me because it so resonates with my nearly daily advice to entrepreneurs and VCs alike. I went as far as to call it the best Tweet of 2015 so far because it encapsulated my advice so succinctly. He took two words where I take 1,000!

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Both Sides of the Table

FEBRUARY 14, 2016

What is the True Sentiment of VCs? I recently survey more than 150 VC friends from all stages and geographies what they thought about the market by asking “Which of the following statements best describes your mood heading into 2016?” In 2015 in the US there were $77 billion written into startup tech companies.

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TechCrunch

JANUARY 18, 2022

Although many VCs seem to be new to quantum technologies, some investors foresaw this movement several years ago and are now making their first quantum exits. The company was founded in 2015, and it went public in 2021 through a SPAC at a $2 billion valuation. Take IonQ, a U.S.-based billion valuation.

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Both Sides of the Table

JUNE 5, 2016

With a massive increase in companies created and a huge number of sources one trend that we witnessed from 2012–2015 was the rise of the undisciplined round. Non VC Growth Rounds. In Q3/Q4 2015 the market changed noticeably for VC funds and the market started to realize this by Q1 2016. VC Infighting.

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Both Sides of the Table

MARCH 30, 2016

Invoca had grown steadily and consistently since 2009 and by 2015 SaaS companies with scale had become hot – trading at a median of 7.3x We knew better than to start funding raising in August, when larger VC firms have a harder time assembling full decision teams – so in August we would plan and September we would commence.

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TechCrunch

JANUARY 25, 2021

” Badamosi, who returned to Nigeria from the UK in 2015, worked as the general manager for Starta Africa, an online community for African tech entrepreneurs. 2019 saw the local VC firm invest in six companies. This time there was a representative outside Nigeria — Ghanaian fintech startup, Bitsika.

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A VC: Musings of a VC in NYC

JANUARY 1, 2023

I believe that “new normal” is more or less where we were in 2015 where seed rounds were done around $10mm, A rounds were done around $15mm to $25mm, B rounds were done around $25mm to $50mm, and growth rounds had a cap at 10x revenues.

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Both Sides of the Table

AUGUST 24, 2015

You thought media twitter was bad… You thought tech twitter was bad… — Hunter Walk (@hunterwalk) August 24, 2015. If markets come back quickly then you’ll see a return to normal 2015 funding timeframes (which I can tell you are much quicker than in times past). My favorite Tweet of the morning came from Hunter Walk.

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Both Sides of the Table

OCTOBER 26, 2020

She worked for 5 years as a VC at Battery Ventures and co-headed M&A at IAC working with Barry Diller. For example, we’re now already well into our third growth fund that we started in 2015 (the first returned 2x cash in 3.5 He said to me (only 9 years ago), “I hope you’re not just hiring her because she’s a woman.” (I

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Both Sides of the Table

MARCH 6, 2016

In 2008 I started VC blogging. In 2015 I opened up my Facebook page to the public. They thought it was like MySpace and why did I need a MySpace page? In 2007 I started using Twitter and most of my friends & colleagues wondered why people would care what I ate for lunch. I had blogged when I was an entrepreneur.

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Both Sides of the Table

JULY 14, 2015

Tuvia Elbaum (@Tuviae) July 14, 2015. Mark Suster (@msuster) July 14, 2015. As I’ve said before, “ You’d Have to be a Really Big Baby to Complain About Being a VC.” I called in the Y0 Yo Life of an Entrepreneur but it really applies to me as a VC as well. I sit down to get things done. HSzvQK63th.

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David Teten VC

MARCH 5, 2021

(co-written with Katherine Boe Heuck , a MBA candidate at MIT Sloan (class of 2022); past intern at Versatile VC ; and a current intern at Metaprop NYC.). We reviewed CB Insights’ global list of “40 of the Best VC Bets of all Time.” For funds with an overall return of 3-5x, which is what VC funds aim for, the overall return was 4.6x

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Both Sides of the Table

JULY 26, 2022

2021 saw phenomenal returns for our industry and it topped off more than a decade of unprecedented VC growth. That was a question I had been asked by LPs in 2015 when we began our Early Growth program. In our best-performing companies we often write follow-on checks totaling up to $10–15 million out of our early-stage fund.

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TechCrunch

JUNE 8, 2022

The dynamics that play into this forecast, aside from the impact of COVID, include a youthful population (the youngest globally), rising smartphone adoption and internet penetration that has led to a burgeoning tech ecosystem backed by local and international VC dollars. Image Credits: Crunchbase/Endeavor.

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Both Sides of the Table

MAY 10, 2015

Because even in 2015 I still see people riffing on ideas and working on business plans, product flows or coding on projects without first forming a company, signing contracts that assign intellectual property to that company and trusting that “friends” would never sue you. Lawsuits are particularly common amongst co-founders.

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This is going to be BIG.

MAY 13, 2019

It’s a tricky subject, because VCs only exist to make money—not really to oversee the running of these companies as beneficial to the world, unless it gets so bad that it affects the economic outcome. Not only that, we have other portfolio companies to worry about.

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This is going to be BIG.

DECEMBER 21, 2017

When Ample Hills first raised $4 million in 2015, people asked if it was a seed round. Investing in you isn't always their immediate priority, and they're used to dealing with people they know a lot better than the typical VC knows a founder when they pull the trigger. Here's what I think everyone involved learned in this process.

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TechCrunch

SEPTEMBER 9, 2021

billion, about four times more than they did in 2015. In Q1 2021, Southeast Asian startups raised $6 billion, according to DealStreetAsia, positioning 2021 as another record year for VC investment in the region. Regional VC investment grew 5.2 billion in 2015, as we can see in the table below. Image Credits: Jungle VC.

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Both Sides of the Table

MARCH 1, 2016

At the Upfront Summit in early February, we had a chance to have many off-the-record conversations with Limited Partners (LPs) who fund Venture Capital (VC) funds about their views of the market. A normal VC fund raises a new fund every three years if they are strong performers. That’s money that fuels our startup ecosystems.

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Tomasz Tunguz

JULY 30, 2021

The time it takes for a dollar to appear in an LP’s pocket, for the LP to wire it to a VC fund, and for the VC fund to invest can be measured in minutes. VC fundraising will achieve a record. A venture dollar’s velocity has never been faster. Valuations are at decade highs.

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Both Sides of the Table

JANUARY 6, 2014

Most experienced VCs won’t push you to give up founder control at this stage of the business nor should they. With small amounts of money invested (sub $3 million) the risks are reasonably low for most VCs and the consequences of bad decisions or decisions a VC has limited say in is tolerable.

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TechCrunch

MARCH 10, 2023

” Q1 2023 market map: SaaS cost optimization and management New wave of VC funds show it’s time to rethink how many LPs is ‘too much’ Image Credits: Getty Images Between 2015 and 2021, the average number of limited partners associated with a venture fund steadily increased.

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Tomasz Tunguz

JUNE 20, 2022

marked the upside case for most VC software and infrastructure investment memos. 2015 Return Multiple by Round. RM at $1.5b (2015). The silver lining: the median public software company in 2022 is three times as valuable as in 2015, which suggests valuations should settle higher than that era. From 2007 to 2016, $1.5b

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David Teten VC

MARCH 5, 2021

(co-written with Katherine Boe Heuck , a MBA candidate at MIT Sloan (class of 2022); past intern at Versatile VC ; and a current intern at Metaprop NYC.). We reviewed CB Insights’ global list of “40 of the Best VC Bets of all Time.” Why are all of the VC home runs from white men, or Asian men in Asia, plus a few Asian men in the U.S.?

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TechCrunch

FEBRUARY 26, 2021

Perhaps it’s no surprise that he also became convinced early on of the promise of NFTs, persuading Venrock to lead the $15 million Series A round for a young startup, Dapper Labs , when its primary offering was CryptoKitties, limited-edition digital cats that can be bought and bred with cryptocurrency.

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TechCrunch

NOVEMBER 10, 2021

from Seoul when she was a child and started a global accelerator in 2015. I figured out LPs have set a criteria, and I didn’t fit into that: I don’t come from an investment banking background and don’t look like a typical VC. Chang is an angel investor who moved to the U.S. She really cares.”.

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TechCrunch

JULY 25, 2021

It recently completed its fourth VC round that values it at a whopping $6 billion , triple the price it fetched a year earlier, and it has so far raised at least half a billion dollars. China doesn’t need any more good platforms,” Tang told his team in an internal email in 2015, “but it does need good products.” billion this year.

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David Teten VC

AUGUST 19, 2019

Does the traditional VC financing model make sense for all companies? VC Josh Kopelman makes the analogy of jet fuel vs. motorcycle fuel. VCs sell jet fuel which works well for jets; motorcycles are more common but need a different type of fuel. . Absolutely not. So what is Revenue Based Investing?

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TechCrunch

AUGUST 15, 2023

Brett Calhoun Contributor Share on Twitter Brett Calhoun is the managing director and general partner at Redbud VC. Amid these turbulent times, the VC accelerator industry has emerged as a stalwart player. At the dawn of 2022, there were 2,900 active VC firms, marking a 225% increase since 2008. psychedelics or construction).

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TechCrunch

JUNE 23, 2022

Paris-originated VC Breega wasn’t enormously well known in the VC world (it only closed its first fund in 2015) until, perhaps, it started attracting attention with its second €110 million seed fund, just under a year go. It’s portfolio now includes a number of scaleups including Moneybox, Cuvva, Coverflex and Libeo.

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Tomasz Tunguz

MARCH 1, 2015

In addition, VCs have been participating in the seed stage market as well, making 2013 a banner year for seed investment. And what does it mean for 2015? Round sizes have increased in most fundraising stages , likely because 2014 was a decade high year for VC fundraising. Startups raised 132% more in seed rounds than in 2012.

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TechCrunch

FEBRUARY 18, 2022

Agility CTO Jonathan Hurst — who co-founded the company in 2015 with CEO Damion Shelton — will be joining on TechCrunch Live on March 2 at 1130 am PT / 230 pm ET to discuss the strides the company has made of late.

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TechCrunch

JULY 13, 2022

Thus, for Black Coffee , who backed Andela, a tech talent incubator and unicorn launched from Lagos in 2015, his win meant Africa’s tech scene could, for the first time, brag about having a homegrown Grammy Award-winning artist as an investor in its startups. Europe and globally. . What’s pulling African music artists to tech investment?

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Y Combinator

AUGUST 5, 2019

The only model of institutional seed funding was the “business incubator” model, where VC firms would fund well-connected founders they knew and incubate them in their office. Because these companies wouldn’t raise VC until they were much further along and had leverage, the balance of power shifted. But that’s no longer the case.

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American Entrepreneurship

MARCH 7, 2024

of all VC funds raised in 2022 to 17.2%—seen as part of a decade-long trend. Aspect Ventures : co-founded in 2014 by Theresia Gouw and Jennifer Fonstad, the early-stage venture firm uniquely focuses on bridging the funding gap between angels and the larger multi-stage VC platforms through collaboration and diversity.

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David Teten VC

JUNE 9, 2021

See How to negotiate a partner role at a VC or private equity firm.) At Versatile VC , we’ve used all these models. Thank you to my co-author for this essay, Paulina Symala, a Consultant at Oliver Wyman and a past intern of Versatile VC. annually between 2015 and 2020, its market size topping $1.3B Expert Networks.

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