article thumbnail

What Does the Post Crash VC Market Look Like?

Both Sides of the Table

Should SaaS companies trade at a 24x Enterprise Value (EV) to Next Twelve Month (NTM) Revenue multiple as they did in November 2021? Pitchbook estimates that there is about $290 billion of VC “overhang” (money waiting to be deployed into tech startups) in the US alone and that’s up more than 4x in just the past decade.

VC 416
article thumbnail

VC Investor Relations

A VC: Musings of a VC in NYC

I realized a long time ago that the VC’s customer is the founder/CEO/portfolio company and that our investors (called LPs in VC speak) are our “shareholders” That was a very defining moment for me and has clarified what matters the most in a VC firm. That can work too. It has worked well for us.

VC 270
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Is Going To Happen In 2021

A VC: Musings of a VC in NYC

Happy 2021. The Covid Pandemic will end in the developed world in 2021. The second half of 2021 will be marked by two conflicting trends. Where all of this shakes out will be the big reveal of 2021 and will impact many tech companies and many tech stocks. We will see it accelerate in 2021. Hi Everyone.

article thumbnail

What Happened In 2021

A VC: Musings of a VC in NYC

This post will be the look back and I started by revisiting my look forward into 2021 that I wrote on New Year’s Day 2021. I predicted that vaccines plus immunity from those who had been infected would end the pandemic by mid-year 2021. That’s what 2021 brought home for me. We must face that and then fix it.

health 237
article thumbnail

USV 2021 and USV Climate

A VC: Musings of a VC in NYC

And our decision making is collaborative" [link] — Fred Wilson (@fredwilson) January 26, 2021. USV TEAM POSTS: Andy Weissman — Jan 26, 2021 USV 2021 Fund. We are active partners to all the companies we invest in at all times. So it is more of the same and also something new at USV. We are excited about both.

article thumbnail

What to expect while fundraising in 2021

TechCrunch

Now we are staring down the end of 2020 and looking toward what we all hope is a better, safer 2021. Is traveling to a conference the best way for a founder to have a chance at meeting the VC who is right to support their business? What will this new year bring? We’ll interact through a mix of the old and the new.

article thumbnail

Reports say African startups raised record-smashing $4.3B to $5B in 2021

TechCrunch

African tech took center stage in 2021. The number of deals in 2021 grew 73% year-on-year from 244 deals in 2020. Briter Bridges : In 2020, the publication reported that fintech companies accounted for 31% of the total VC funding. In 2021, fintech startups got 63% of the continent’s total investments. The Big Deal : $4.33

startup 98