Steve Blank

JUNE 1, 2011

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. Investors get board seats to assure themselves and their limited partners that they are duly informed about their investment. There are none so blind as those who will not see.

Silicon Valley 300

Silicon Valley Business Model Venture Capital Balance Sheet 300

Steve Blank

JUNE 1, 2011

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. Investors get board seats to assure themselves and their limited partners that they are duly informed about their investment. There are none so blind as those who will not see.

Silicon Valley 273

Silicon Valley Business Model Venture Capital Balance Sheet 273

Agile VC

DECEMBER 19, 2013

As a VC investing not only personal capital, but on behalf of limited partners, one can’t take this strategy. This can include learning more about technologies, markets, and people that may be impactful to the angel’s other endeavors. ” But as an angel one can overweight this factor.

Angel Investor 265

Angel Investor Early Stage Syndicate Syndication 265

Agile VC

JULY 19, 2012

This is true not only in a firm’s dealings with entrepreneurs but also with it’s limited partners and even within the firm among its partners. But being able to recognize and admit when you’ve slipped and then course correct as needed is often key to a firm’s ascent to or continued greatness.

Cofounder 193

Cofounder Limited Partner Early Stage LP 193

Agile VC

DECEMBER 6, 2012

1) LP Bases Change Over Time – Most healthy VC firms tend to have stable relationships with the limited partners investing with them. There’s a couple reasons which basically all relate to potential conflicts of interest from misaligned incentives.

LP 178

LP Balance Sheet Differentiation Limited Partner 178

ReadWriteStart

JUNE 13, 2011

As customer and agile development reinvent the startup, it's time to ask why startup board governance has not kept up with the pace of innovation. Investors get board seats to assure themselves and their limited partners that they are duly informed about their investment. It's their fiduciary responsibility.

Silicon Valley 117

Silicon Valley Balance Sheet Metrics Early Stage 117

Agile VC

OCTOBER 29, 2014

Most of the dollars a VC firm invests come from outside limited partner investors (LPs). The actual partners of a VC firm (GPs) will typically invest a minimum of 1% of the total size of their fund,* though frequently this percentage is substantially higher (especially in many of the best funds).

Venture Capital 279

Venture Capital LP Private Equity Institutional Investors 279