Conviction, Diversification, and Portfolio Construction

Haystack

There are countless posts on portfolio construction, or how many investments are ideal in a venture portfolio, and so forth. What I do is that the topic of VC fund portfolio construction is not an easy way to grasp, and is likely even harder to master in practice. So, we have this portfolio construction tension between concentrating money into the best companies in a portfolio versus protecting the GP and LPs via diversification.

Photo: First Round Capital's new NYC office under construction

This is going to be BIG.

Photo: First Round Capital's new NYC office under construction , originally uploaded by ceonyc

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The Optimal Seed Round Construction to Maximize Series A Success

Tomasz Tunguz

image credit: Svjetlana Tepavcevic. Is it better to raise your startup’s seed round from only angel investors, or is it better to include a VC or two? Several founders on the precipice of launching their seed fundraising processes have asked me this question. It’s a very difficult one to answer hypothetically because there are many different variables to balance. For example, VCs may invest larger sums than angel investors.

[Virgin Hyperloop One in Construction Equipment] 22 States Bid on Hyperloop Test Track

OurCrowd

The post [Virgin Hyperloop One in Construction Equipment] 22 States Bid on Hyperloop Test Track appeared first on OurCrowd. The Wall Street Journal reported that 22 states including Missouri, Texas, North Carolina, and Ohio have bid on the first Hyperloop certification track.

[Virgin Hyperloop One in Construction Week Online] Virgin Hyperloop One, Bee’ah attend Gitex Technology Week 2019

OurCrowd

The post [Virgin Hyperloop One in Construction Week Online] Virgin Hyperloop One, Bee’ah attend Gitex Technology Week 2019 appeared first on OurCrowd.

[skyTran in ME Construction News] RTA and skyTran to develop driverless transportation system in Dubai

OurCrowd

The post [skyTran in ME Construction News] RTA and skyTran to develop driverless transportation system in Dubai appeared first on OurCrowd. Dubai’s Roads and Transport Authority (RTA) has signed a MoU with skyTran to develop advanced public transport facilities in the emirate. Read more here.

[Virgin Hyperloop One in PR Newswire] Autodesk And Virgin Hyperloop One Announce Joint-Effort To Explore Advanced Route Optimization, Transportation Design, And Construction Technology

OurCrowd

The post [Virgin Hyperloop One in PR Newswire] Autodesk And Virgin Hyperloop One Announce Joint-Effort To Explore Advanced Route Optimization, Transportation Design, And Construction Technology appeared first on OurCrowd. “Virgin Hyperloop One is pushing the boundaries of transportation efficiency,” said Josh Giegel, Co-Founder and Chief Technology Officer of Virgin Hyperloop One. Read more here.

How High Rents Hinder Startup Activity

Revolution

The costs of construction and land values has increased far more quickly than incomes over the last 20 years, making it hard to build for the mass market.

Future of Real Estate Pitch Competition in Miami

Dream It

This event brings together investors, innovative startups and leading corporations in the construction and real estate industry. On May 14, 2019, our friends at Lab Ventures Miami are hosting Future of Real Estate Tech Summit Miami.

What is a Starter?

Co Starters

Could it be that we are just as entrepreneurial as a society as we have ever been, but we’ve just been distracted by the language we use and the cultural construct that we associate with entrepreneurship?

The Proptech Startups Using VR & AR to Reshape Real Estate

Dream It

Site tours of construction projects that are geographically distant, reducing travel time. Project management and supervision of subcontractors on construction sites, and assistance from offsite experts for projects that require unexpected expertise.

A Look Back at 2017 GSEA With the First Runner Up

Entrepreneurs' Organization

There were few mentors assigned to me and guided me prior to the finals in Germany, they were radically open-minded to the idea and gave very constructive feedback that helped a lot in developing my self-awareness.

PSA: Time is running out

GCUC

The GSA is per their website: GSA provides workplaces by constructing, managing, and preserving government buildings and by leasing and managing commercial real estate. The US Government is going in BIG on Coworking. Will you answer the call?

Lesa Mitchell joins The Heritage Group Accelerator Powered by Techstars to help startups disrupt legacy enterprises

TechStars

Construction and Materials: Building infrastructure including materials and techniques; new equipment and safety solutions.

Video: Andrew Ackerman and Charlie Stephens from Cushman & Wakefield

Dream It

Andrew Ackerman and Charlie Stephens. Dreamit UrbanTech Managing Director Andrew Ackerman joined Charlie Stephens (@ charlieNYC ), a real estate advisor at Cushman & Wakefield, for his “Leaders Live” series of interviews.

GAN Partner, Chargebee, on How to Tackle Office Hours with an Investor

GAN

While mentors are there to guide you, giving encouragement, advice, and constructive strategies that help move you and your company forward, the purpose of an investor meeting is for you, a startup founder, to sell your vision in a way that demonstrates how that vision manifests itself in your company, your products, and the services you’re building with the ultimate aim of receiving financial buy-in.

YC Summer 2019 Batch Stats

Y Combinator

Real Estate and Construction – 5%. At our 29th Demo Day, 175 companies presented over two days. You can read more about the companies on TechCrunch ( day one and day two coverage of S19 Demo Day), Forbes , and Crunchbase. Below are stats about the S19 batch. As a reminder, the application deadline for YC W20 is coming up next week on September 25. Apply here. Total companies that presented at YC S19 Demo Day : 175. YC S19 CATEGORIES: Aerospace – 1%. Agriculture – 1%.

WP Engine passes $100M in revenue and secures $250M investment from Silver Lake

A Smart Bear

People said there’s no money in hosting. WordPress is just a toy. After the success of Smart Bear, I should be setting my sights on something big, not this. I’m sure people said similar things to Heather when she joined as our CEO.

Y Combinator Top Companies – 2019

Y Combinator

Construction – 2%. ? We’re excited to share the list of 2019 Top Y Combinator Companies. We also included top exits. We put this list together to help potential employees, partners, and late stage investors get to know a wider set of YC companies. If you’re looking for a job at one of our top companies, you can hit the Apply button to be taken to their careers page. The companies in this list are sorted by valuation. Why do we use valuation?

Q4 2019 Applications Now Open

TechStars

The Heritage Group Accelerator Powered by Techstars is digging into technologies across construction, materials, environmental and recycling, and energy and refining.

Striking The Right Balance

A VC: Musings of a VC in NYC

Strong willed successful CEOs can often construct rubber stamp boards because that is what they want. I was talking recently to a friend who advises a lot of boards. I asked him his view on boards overall. He said that he saw two styles, both of which he found problematic. The first style is the “rubber stamp board” that does whatever the CEO asks of them. The second style is the “meddling board” that acts like it is running the business.

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How to Bring Up Issues With Your Business Partner or Leadership Team

GAN

What I love about these rhythms is that they get all of us in a practice of hearing constructive feedback consistently. This kind of de-escalation of emotions tied to hearing critique (even constructive critique) helps make everything feel less personal and like a much smaller deal, which it usually is. I help run two different businesses: GAN and GAN Ventures. At GAN, Dani runs the day-to-day operations as the company’s COO.

UrbanTech News Roundup

Dream It

On Construction Technology Over 1.5 On Fundraising News Prefab construction startup Dvele raised $14M to build single family homes. Our UrbanTech News Roundup is one of the features in our bi-weekly newsletter.

The Tech Issue that Matters Most in NYC

This is going to be BIG.

but instead Airbnb was seen as an active proponent of expanded affordable housing construction. The headlines in the tech and startup world have not been good over the last couple of years. As it turns out, the “move fast in break things” culture was itself pretty broken—full of discrimination and harassment. On top of that, the rise of tech is exacerbating wealth inequality, creating some serious data privacy issues, and allowing hate and misinformation to grow rampant on its platforms.

An RV Trip Across America

Revolution

It was encouraging to see lots of young people downtown, and also a considerable amount of construction cranes?—?both 30 days. 7,667 miles. 26 states. This summer, Jean Case and I took an RV on a trip across America.

The Future of Hospitality is Here

Revolution

While certain categories such as coworking, alternative accommodations, “ibuying”, brokerage, and construction (among others) have adorned the front pages of leading media outlets, we are still very much in the early innings of innovation in the space.

Can a Week in the Desert Make You a Better Entrepreneur?

Entrepreneurs' Organization

In the end, you become a better person, you just learn a lot and grow.” – Hugo Salinas Gonzalez, Q-Ver Construction , EO Monterrey. Every year, a group of EO members convenes in northwest Nevada, USA, at dEOxidized, one of the hundreds of theme camps at Burning Man.

From Zero to Tech: Growing Startup Culture in Bhutan

TechStars

In 2019 thus far, there have already been 14 Techstars Startup Weekends across Bhutan in 10 cities, around themes like education, HealthTech, FinTech, AR/VR, IoT, and construction. How does a country go from lifting a national ban on television in 1999 to nurturing tech startups in 2019?

David & Brad reflect on the first six episodes of the Give First podcast

TechStars

David: Even the day is a completely artificial construct, as you know. . How has the Give First podcast been going? David and Brad reflect on their initial forays into podcast hosting, and come to the conclusion that, while they’re still learning, their guests are amazing. .

What We Can Learn from the Biggest Tech Policy Mistakes of 2018

Revolution

As we shift from the app-centric Second Wave and focus on some of the most fundamental aspects of daily life, the “ask for forgiveness, not permission” approach will begin to give way to constructive engagement between innovators and policymakers.

EIGHT FINALISTS ANNOUNCED IN BEN FRANKLIN’S BIG IDEA CONTEST!

Ben Franklin Technology Partners

Joel Marz with Efficient Nomad is providing the architectural design, engineering, and construction of custom, unique, and economical, single family homes.

Cross Laminated Timber

A VC: Musings of a VC in NYC

Cross Laminated Timber (or CLT for short) is a structural building material that can replace concrete and steel in new building construction. I wrote about CLT back in April and mentioned that the Gotham Gal and I are in the process of making two CLT buildings right now. The paper version of the New York Times has an excellent op-ed today that explains why making buildings out of wood is much better for our climate than making them out of concrete and steel.

4 ways to foster transparency in your organization

Young Leaders of the Americas Initiative

If your prices seem high, it is your responsibility to explain them and provide your reasoning, such as their quality and construction. Leaders should regularly encourage praise when deserved and provide constructive feedback when necessary. By Ana Gonzalez.

Should You Fear Outsourcing Your Software Development?

Entrepreneurs' Organization

It is wise to ask this question directly and to expect a solid and well-constructed answer. But only if you are not clear on how to make the correct partner selection. Written by Mike Scott, co-founder and CEO of NONA , a software development studio based in South Africa.

Free money for your impact tech startup

David Teten - VC

Since 2011, the Bluhm/Helfand Social Innovation (BHSI) Fellowship has supported the work of 36 innovators—representing the United States as well as 18 other countries on five continents—who address pressing global issues, from healthcare delivery to college persistence and sustainable construction in developing nations. Congratulations! You’ve decided to launch a technology-enabled startup with a positive social impact!

Onevest Success Story: Recycled Guitars Shakes Up Industry

Onevest

Inspired by the innovativeness of the local musicians in South Africa, Bohemian Guitars are constructed using old oil cans and recyclable materials.

The Willingness to Learn and the Pressure to Be Confident

This is going to be BIG.

This is where it’s important to check yourself and be confident about what you bring to the table, while being objective and constructive about where you need some advice, a system, or training to help you perform better. Being a founder means showing confidence. It’s nearly impossible to fundraise, hire, or lead without it—but at the same time, founders don’t know everything.

TWO WINNERS ANNOUNCED IN BEN FRANKLIN’S BIG IDEA CONTEST!

Ben Franklin Technology Partners

ERIE, PA – At a standing-room only event held at Room 33 in downtown Erie, two winners were announced in Ben Franklin’s BIG IDEA StARTup Contest.

Smart Thermostats

A VC: Musings of a VC in NYC

Maybe there is more thermostat swapping going on outside of those “construction” moments than I would expect. My colleague Dani sent me this chart last week: I believe this is more or less a proxy for smart wifi-enabled thermostats in the US.

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Vita Inclinata Rings the Nasdaq Bell!

TechStars

Vita, based in Denver and Seattle, is pioneering new, innovative hardware solutions for daily safety challenges in aerospace, construction and other dangerous industries.

The VC Industry Norms Which Changed Over The Past Decade

Haystack

This impacts portfolio construction and possibly returns, though on the flip side, end-markets are larger and outcomes can be greater — look at Datadog, for instance. Having spent time around and then in the world of VC in the Bay Area during the last decade, I’ve been reflecting on how different norms in the industry have changed. At the start of 2010, there was some unwritten VC industry conventions that have been tested, challenged, and upended in the last decade.

Excited to be an Investor in The Wing

This is going to be BIG.

Professional networking, for hundreds of years, has largely been a male construct, transactional in nature, urgent, and disjointed. It means a lot to me to find financial opportunities investing in companies that I can be really proud of--education companies like Tinybop and Tinkergarten , or companies at the forefront of fair labor practices like Homer Logistics. There are others that haven't launched that I'm equally as proud and excited about--and now one more has launched.

T.A. McCann on how sailing in the America’s Cup is like running a startup

TechStars

Even in boat construction, you hire the best people you can. McCann, serial entrepreneur and Managing Director of Pioneer Square Labs, has sailed in two America’s Cups. How are sailing and startups alike? explains. David Cohen was super excited when he realized that T.A.