Startup Professionals Musings

OCTOBER 18, 2015

The partner most obsessed with the startup lifestyle tests the water by going to work in an early-stage startup, similar to one they might hope to start someday. Most Angel groups and VCs advertise the startups they have recently funded, with pointers to startup websites, sometimes including open positions.

Technical Review 120

Technical Review Entrepreneur Stock Options Due Diligence 120

David Teten

JANUARY 21, 2021

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. In addition to a fund, the overall Capacity organization provides direct mentorship, consulting and connects founders to a broad network of talent, diverse forms of capital, and existing resources focused on the post-startup stage of growth.

Equity 78

Equity Revenue Cofounder Colorado 78

Gust

OCTOBER 20, 2011

Diversification across industry sectors is not as easily achieved for angels as could be accomplished in public markets, but can be achieved by co-investing with trusted angel colleagues in a broader set of businesses. A local network of angels is critical to achieving a diversified portfolio. Marketing/Sales/Partners.

Valuation 146

Valuation Pre-Money Valuation Intellectual Property Technical Review 146

Business Plan Blog

JANUARY 2, 2014

How Crowdfunding is Affecting Angel Group Investment. government’s long standing restrictions on fundraising has given life to a new type of financing called crowdfunding that allows Angel and other early stage investors to quickly assemble a group of investors over the internet. An easing on some of the U.S.

Angel Groups 51

Angel Groups Accredited Investor Angel Investor Due Diligence 51

Austin Startup

JUNE 27, 2017

Collectively they have $850M in capital in their most recent funds: [link] Both Silverton Partners and LiveOak Venture Partners have filed regulatory documents associated with new fundraising efforts in 2017 so we should all look forward to announcements from them on successfully raising new funds.

Venture Capital 54

Venture Capital Austin Texas Private Equity 54

David Teten

SEPTEMBER 23, 2017

PEVCTech is partnering with Blue Future Partners to run the first large-scale survey of VCs’ technology stack. Johann Kratzer of Blue Future Partners , a fund of funds, observed, “The majority of the hundreds of funds we’ve diligenced rely predominantly on their relationships to source deals. Greylock Partners.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

David Teten

FEBRUARY 2, 2012

Organizations like Worldwide Investor Network and the US-Israel Business Council are helpful in this area. Here’s a win-win way to address this: recruit a team of students who would attend these events and publish their transcripts/videos, so that everyone learns more and faster and can network more easily.

Government 146

Government Technical Review New York Offshore 146

Tim Keane

DECEMBER 14, 2009

  He is a partner in a pretty much exclusively software seed stage fund, Y Combinator that you can read more about.    Some angel groups charge you money to pitch your idea to them.    Individual angels can get sucked into situations that a group's experience might have avoided. 

Burn Rate 60

Burn Rate Angel Groups Seed Stage Startup 60

Austin Startup

JUNE 16, 2017

Austin Innovation Economy —  click to explore all investments into all startups Top overall investors with the most activity in Austin includes Texas Venture Labs, Capital Factory , Austin Ventures, Silverton Partners, and ATX Seed Ventures. Businesses with the highest number of investors includes Outbound Engine, ClearBlade Inc.

Austin 48

Austin Networking Angel Investor Venture Capital 48

View from Seed

AUGUST 26, 2015

(And although this is written for angel investors, I think entrepreneurs can only benefit by increasing their knowledge around these investors and hope you’ll continue reading if that’s you. And if you just want to learn about different types of angels and what motivates each, my partner David has written about that before here.).

Technical Review 120

Technical Review Angel Investor Software Review Silicon Valley 120

View from Seed

AUGUST 26, 2015

(And although this is written for angel investors, I think entrepreneurs can only benefit by increasing their knowledge around these investors and hope you’ll continue reading if that’s you. And if you just want to learn about different types of angels and what motivates each, my partner David has written about that before here.).

Technical Review 120

Technical Review Angel Investor Software Review Silicon Valley 120

Austin Startup

MARCH 4, 2019

To discuss this seismic shift, Rodolfo Gonzalez, partner at Foundation Capital and one of the only major Silicon Valley investors from Mexico, will be joined by the CEOs of Rappi, Bitso, and Runa HR?—?three If you’re newer to angel investing, angel groups are a great avenue to build your understanding and confidence as an investor.

Silicon Valley 50

Silicon Valley Technical Review Texas Venture Capital 50

Gust

JULY 12, 2012

We finished our first full day at a dinner with Halo , the Northern Ireland Business Angel Network (Alan Watts). On Wednesday, April 18th, I gave a keynote speech on US Startup Valuation Trends for the 1st Irish Angel Meetup. Two hundred angels, entrepreneurs and members of the startup community attended this inaugural event.

Community 121

Community Estonia Ireland Finland 121

Austin Startup

MARCH 19, 2017

We’ll fly five of them to Austin for an epic pitch-off resulting in one of them receiving $100,000 in seed funding and a year of free access to Capital Factory’s coworking facility and mentor network. The Central Texas Angel Network is one of the most active angel groups in North America.

Silicon Valley 54

Silicon Valley Austin North America Texas 54

This is going to be BIG.

SEPTEMBER 19, 2018

If you know that someone from your school or extended network is a lot more senior to you and is seriously influential in a company that lots of startups would want to work with—why not host a meal or event for them to showcase what they’re working on. Money works this way, too—and it’s a way to get in with VCs, especially smaller funds.

Startup 205

Startup Cofounder Angel Groups Limited Partner 205

This is going to be BIG.

OCTOBER 5, 2012

Your team does a good job hustling around to find good teams, but the reality is that your dealflow is more dependent on your network than it is any kind of objective criteria. Angel groups started dropping their application fees or making them minimal. I just happened to have a pretty sizable network in NYC and online.

LP 97

LP Venture Capital Technical Review Nebraska 97

David Teten

DECEMBER 12, 2017

(written by Philipp von dem Knesebeck , Managing Partner, Blue Future Partners (bluefp.com, @bluefutureteam ), and David Teten ). Based on this paper, Blue Future Partners and PEVCTech recently completed a large-scale survey to find out which tools are most commonly used by venture capital firms.

Early Stage 60

Early Stage Technical Review Software Review Venture Capital 60

David Teten

JANUARY 28, 2019

My former Partner John Frankel of ff Venture Capital observes that 20 years ago, the defining movie of the generation was “Wall Street”. But now, the defining movie of today’s twentysomethings is “The Social Network”. “CEO is the new Analyst.”. Everyone wanted to work in finance. Everyone wants to work in tech startups.

Affiliate 60

Affiliate Connecticut Programming Community 60

Startup Professionals Musings

FEBRUARY 11, 2012

Particularly if you are desperate, keep in mind the person who finds a good-looking partner to take home from the bar at closing time, but then wakes up in the morning wondering “What did I just do?” Due diligence on an investor is where you validate the track record, operating style, and motivation of your new potential partner.

Due Diligence 241

Due Diligence Entrepreneur Offshore Angel Groups 241

Gust

FEBRUARY 26, 2014

Leaders and active members of all the major North American angel groups attend this three day conference, along with a large delegation of international business angels. NACO National Angel Summit. There are break out seminars on educational topics, and lots of networking.

Angel Investor 125

Angel Investor Global Angel Groups Europe 125

Startup Professionals Musings

NOVEMBER 3, 2010

Particularly if you are desperate, keep in mind the person who finds a good-looking partner to take home from the bar at closing time, but then wakes up in the morning wondering “What did I just do?” Due diligence on an investor is where you validate the track record, operating style, and motivation of your new potential partner.

Due Diligence 224

Due Diligence Offshore Angel Groups Matching 224

Haystack

JULY 3, 2019

Yet, there are things that are in the VC’s control, and Susa is one of a few firms at seed that’s nailed it a short period of time: 1/ Started Out As An Angel Group – The core group started off writing angel checks and enjoyed each other’s company.

Chad 106

Chad Cofounder Angel Groups Limited Partner 106

Growthink Blog

JUNE 28, 2010

They, however, are both professional investors and technologists, and deeply networked into the core U.S. angel investor deal community - namely Silicon Valley. Joining an Angel Group. Increasingly in recent years, there have sprung up angel investor networking groups around the country.

Private Equity 63

Private Equity Technical Review Silicon Valley Los Angeles 63

Growthink Blog

JUNE 28, 2010

They, however, are both professional investors and technologists, and deeply networked into the core U.S. angel investor deal community - namely Silicon Valley. Joining an Angel Group. Increasingly in recent years, there have sprung up angel investor networking groups around the country.

Private Equity 63

Private Equity Technical Review Silicon Valley Los Angeles 63

David Teten

JULY 12, 2017

First, a formal definition: According to Capital Dynamics , “Co-investments are direct investments in a company made alongside and on the same terms as a lead [General Partner]. We see our potential coinvestors in four primary buckets: 1) HOF Capital ’s own limited partners. 2) Investors with very specific value-add. Economic benefit.

Syndicate 60

Syndicate Syndication Institutional Investors LP 60

YoungUpstarts

NOVEMBER 9, 2015

For this reason, we are sharing top tips straight from the source, as 11 startups from the Rev1 Ventures network are imparting their best piece of advice to fellow entrepreneurs: 1. According to ProteoSense CEO Mark Byrne, seek out the network of entrepreneurs in your area who know how to get things done.

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United Kingdom Columbus Oklahoma Startup 100

Gust

DECEMBER 27, 2011

Consider the person who finds a good-looking partner to take home from the bar at closing time, but then wakes up in the morning wondering “What did I just do?” Due diligence on an investor is where you validate the track record, operating style, and motivation of your new potential partner. Network with other entrepreneurs.

Due Diligence 119

Due Diligence Entrepreneur Offshore Angel Groups 119

David Teten

FEBRUARY 6, 2013

. - Susan Balloch, Managing Director, Golden Seeds; formerly Executive Director and Principal, The Blackstone Group. Karen Bantuveris, CEO of VolunteerSpot ( ff VC and angel-backed startup with 2.5m David Teten, Partner, ff Venture Capital ; Chairman, HBS Alumni Angels of Greater New York. 8:30 Networking.

Private Equity 114

Private Equity North America Cofounder Angel Groups 114

ReadWriteStart

SEPTEMBER 20, 2010

There are numerous other seed funding sources, including Southern Capital , IDEA Fund Partners, and at least three angel groups. There are also numerous regular networking events in the area. Allen points to the support that StatSheet received from the NCIDEA , a program that grants very early stage companies funding.

North Carolina 151

North Carolina Raleigh United States Angel Groups 151

Austin Startup

OCTOBER 10, 2017

Jackie Kimzey , one of the early Sevin Rosen general partners, is a fellow professor on the faculty of UT Dallas with me.) And, there have been active angel networks, including the North Texas Angel Network , or NTAN, Cowtown Angels , aka, the Ft.

Dallas 60

Dallas Austin Texas Cofounder 60

Professor VC

JANUARY 27, 2011

It turns out the statistics related to returns were from an oft cited study on returns to investors in angel groups sponsored by the Angel Capital Association with research by Robert Wiltbank at Willamette University. Don't Stop Believin' Is There Any Truth in "The Social Network"? ▼ January. (1).

Technical Review 31

Technical Review Due Diligence Silicon Valley San Jose 31

Professor VC

JANUARY 17, 2008

I was on a panel earlier this week with several other investors from Angel Groups in the Valley. One of my comments was that we would likely see more institutionalization of angel groups and syndication of deals among groups. Labels: angel groups , valuation. See you next time. Steve Bennet.

Pre-Money Valuation 28

Pre-Money Valuation Angel Investor Angel Groups Valuation 28

David Teten

FEBRUARY 3, 2014

Most investors rely on their network of colleagues and service providers to source investments. The venture capital industry is continuing its evolution from an upside-down pyramid (typically 3-10 Partners, plus some administrative support) to a traditional hierarchical pyramid. Angel groups using Gust. 2009) [ii].

Private Equity 114

Private Equity Venture Capital Technical Review Equity 114

David Teten

NOVEMBER 15, 2013

In the asset management industry, the norm is that the General Partner puts in 1-2% of the total assets under management. The jury is out on whether the increasing ease of angel investing will potentially lower returns. I think there are many more opportunities to disrupt the space.

Management 114

Management Pre-Money Valuation Venture Capital New Hampshire 114

VC Adventure

FEBRUARY 22, 2010

You can see my post on that subject here , one from my partner Jason Mendelson over on peHUB here , Jason Calicanis’ very popular post on the subject here (and a quick search on Google will pick up dozens more). At issue is the question of whether it’s reasonable to charge entrepreneurs to get in front of potential investors.

Venture Capital 52

Venture Capital Angel Groups Angel Investor Reputation 52

VC Adventure

FEBRUARY 22, 2010

You can see my post on that subject here , one from my partner Jason Mendelson over on peHUB here , Jason Calicanis’ very popular post on the subject here (and a quick search on Google will pick up dozens more). At issue is the question of whether it’s reasonable to charge entrepreneurs to get in front of potential investors.

Venture Capital 52

Venture Capital Angel Groups Angel Investor Reputation 52

VC Adventure

DECEMBER 1, 2009

Online technology magazine Xconomy wrote an article yesterday that focused on the controversy surrounding Boston based Revolutionary Angels - the angel group that is sponsoring a business plan competition in which companies are charged a $4,995 "entry fee" and vie for a $250k investment from the group.

Angel Groups 48

Angel Groups Equity Demand Boston 48