www.informationarbitrage.com

FEBRUARY 24, 2010

Home About Press IA Capital Partners Archives After 17 years in M&A, Derivatives and Trading, Im spending my time with young entrepreneurs in and around financial technology and digital media. It is helping with recruiting by leveraging my networks and experience in a particular domain. I am a business person, not a technologist.

CTO Hire 40

CTO Hire Founder Cap Table Vesting 40

View from Seed

MAY 29, 2019

A founder can create a broader support network by allocating what’s left of their round to a larger number of angel investors who are likely to be just as helpful as a small check from a fund that feels like they got sub-par ownership. But taken to the extreme, you would have rounds with only one lead and almost no one else on the cap table.

Syndicate 267

Syndicate Syndication Cofounder Cap Table 267

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

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

AUGUST 19, 2019

In 2019 we partnered with several revenue-based lending providers, effectively creating a marketplace. “. We collect more data on an individual business than, to our knowledge, any other RBI investor, through our application process, data partners, and various public sources online. Bigfoot Capital.

Revenue 60

Revenue Technical Review Software Review Equity 60

Genuine VC

MAY 20, 2013

VCs who swear publicly that they’ll never make an investment with less than 20% ownership show up on cap tables in the teens… the 20% pronouncements are just posturing for negotiation. More importantly, a handful of VCs are indeed truly engaged supportive partners with entrepreneurs in building their businesses.

Venture Capital 244

Venture Capital Cap Table Portfolio Early Stage 244

VC Adventure

JULY 27, 2011

We meet with various company managers, talk to other people in industry to get their take, call current and prospective customers, exercise our own network of contacts to get background on the idea and team, perform reference checks on key management, etc. Before Foundry makes an investment we perform extensive due diligence.

Technical Review 48

Technical Review Due Diligence Cap Table Distribution 48

View from Seed

JUNE 11, 2019

Building relationships with multiple partners at the firm. Having the lead partner agree to monthly “check-in” meetings post investment. Typically, the most useful form of diversity ends up being in network and skillset. If you have too few investors, you narrow the network and skill sets you can draw upon.

Syndication 202

Syndication Syndicate Seed Stage Lead Investor 202

YoungUpstarts

JUNE 26, 2014

It allows you to truly focus on your product/idea instead of cap tables and keeping investors happy. If you lack a key component to running your business, consider finding a partner to handle that aspect. Consider working part-time as a transition into entrepreneurship. Have an original idea.

Cap Table 162

Cap Table Bootstrapping Naming America 162

This is going to be BIG.

JUNE 20, 2024

On the other hand, I feel things are a lot more predictable on the fund side—and that getting limited partners for your fund or syndicate is a lot more grounded in something that resembles logic. Going from an angel to a fund manager is a huge jump—as is going from a junior person at a fund to the main person at your own fund.

Deal Flow 147

Deal Flow Syndicate Syndication Cap Table 147

Hunter Walker

MARCH 14, 2019

Across town a different CEO is having a breakfast with her Series A Board partner. You almost spit out your coffee when she lets you know that she’s leaving for a Tier 1 firm but that her partners John, John Jr or Robert will be great stewards of your startup until she has the pull at her new gig to lead your next round.

Cap Table 109

Cap Table Dilution Silicon Valley Portfolio 109

Haystack

JANUARY 14, 2019

3/ Carta Just Starting Out: One of the main opportunities for Carta (formerly eShares) is to pick up where CrunchBase left off, but more from the cap table as a starting point. Nowadays, I keep a dynamic list of LPs and partners that I share our deal information with, and I don’t publish it on my site.

Cap Table 123

Cap Table Private Equity Stealth Portfolio 123

BeyondVC

NOVEMBER 17, 2016

We each independently fell in love with enterprise software 20+ years ago as seed investors (cos like gotomeeting/Citrix, greenplum/EMC, livperson/IPO LPSN) and founders (workmarket, onforce/Adecco, spinback/buddymedia/salesf0rce) and are now benefiting from the ecosystems, knowledge and network that weve collectively developed.

Cap Table 78

Cap Table Cofounder Dividend Institutional Investors 78

Hunter Walker

AUGUST 26, 2022

My boss, Jen Grant , was an incredible manager, and Aaron Levie, the co-founder and CEO, was a fantastic partner on all things communications. HW: You recently launched Coalition Operators, a venture firm + operator/advisor network to really help startups with more than just capital. We recently announced Coalition Fund I, a $12.5M

IPO 123

IPO Cofounder Early Stage San Francisco 123

BeyondVC

NOVEMBER 17, 2016

We each independently fell in love with enterprise software 20+ years ago as seed investors (cos like gotomeeting/Citrix, greenplum/EMC, livperson/IPO LPSN) and founders (workmarket, onforce/Adecco, spinback/buddymedia/salesf0rce) and are now benefiting from the ecosystems, knowledge and network that we’ve collectively developed.

Cap Table 60

Cap Table Cofounder Dividend Institutional Investors 60

This is going to be BIG.

DECEMBER 3, 2020

The partner at the fund, the VC, gets to do the fun part—the meeting with founders, vetting deals, negotiating, helping, etc. Access to the partner. If you’ve put money into a fund, I think it’s reasonable to expect that partner to check out the deal flow that you find on your own, and let you know what they think.

Portfolio 103

Portfolio Syndicate Syndication Deal Flow 103

This is going to be BIG.

NOVEMBER 16, 2023

That’s how it feels when your hot deal from two years ago winds up running low on cash and gets into a pay-to-play round that wipes out the cap table. Chetan Puttangunta from Benchmark responded by highlighting the sheer effort of one of one of his colleagues: “My partner Peter Fenton is the best board director I’ve ever worked with.

Non-Compete 97

Non-Compete Cofounder Cap Table Reputation 97

Both Sides of the Table

JULY 23, 2014

Limited Partners or LPs (the people who invest into VC funds) have taken notice as 2014 is by all accounts the busiest year for LPs since the Great Recession began. It’s hard to work out the cap table with your peers when one of them has no real intent in fixing the problem. The iPhone was released.

Technical Review 398

Technical Review Venture Capital Valuation Pre-Money Valuation 398

This is going to be BIG.

DECEMBER 21, 2017

In AH's case, ultimately, the person we started talking with didn't actually wind up participating, but still remains a valuable contact and potentially a key partner for the future. Adam Struck brought on significant additional capital from his network. You just don't know. Closing this round was a real team effort.

Cap Table 92

Cap Table Cofounder Valuation .Net 92

David Teten

JULY 12, 2017

I thought it might be helpful to provide transparency on how we and many of our VC peers think about optimizing the cap table for our companies. . 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].

Syndication 60

Syndication Syndicate Institutional Investors LP 60

NZ Entrepreneur

JULY 12, 2018

Building a company by yourself can be challenging without a strong network around you. What happens if they don’t work out after six months, yet they hang around forever on the cap table, through an equity stake they never really earned? My own father had difficulties with partners in his business.

Cofounder 60

Cofounder Founder Vesting Cap Table 60

Bryce Dot VC

JANUARY 5, 2015

My partner Tim bootstrapped his business to 9 figures in revenue without taking any outside investment. Can we provide the resources and networks founders would traditionally get taking VC money, without all the expectations and baggage that come with it? Those are fine expectations and outcomes, but not the only ones.

San Francisco 40

San Francisco Cap Table Non-Compete Distribution 40

venturehacks.com

FEBRUARY 24, 2010

The best sellers can sell to customers, partners, investors, and employees. Partner with someone who is irrationally ethical, or a rational believer that nice guys finish first. Building a great company without a partner is like raising kids without a… Nearly everything I’ve written on this topic applies to dating and marriage.

Cofounder 101

Cofounder Founder Technical Cofounder Technical Review 101

David Teten

OCTOBER 1, 2015

However, valuing the intangibles of time saving, expertise, network, etc. Partnering with a source of capital, connections, and expertise for a large equity chunk is often worth it in those scenarios (e.g., I spoke with Thatcher Bell , Managing Partner, CoVenture. There’s a huge caveat to the above comments. Rock Health).

Software Developers 60

Software Developers Software Development Software Review Technical Cofounder 60

Haystack

DECEMBER 28, 2019

4/ The Trillion-Dollar Network Effect. In 2018, both Apple & Amazon crossed the trillion-dollar market cap benchmark. These companies exemplify the compounding network effects, lock-in, and lopsided economics that accrue to technologies generally and software specifically.

China 146

China Startup Lock-up Period Cap Table 146

Startup Lessons Learned

MAY 4, 2021

So I've been able to move to another location with my partner and another city, I should say. And then the network can come to an agreed upon state that says, hey, this is a valid transaction. But one of those pieces is how companies get formed, how they raise money, how they manage their cap table and how they eventually go public.

IPO 113

IPO Cofounder Technical Review Government 113

Hunter Walker

AUGUST 1, 2017

Two things happened there: I found the perfect person to partner with: Nisha Dua. We had complementary networks and skillsets, and a shared belief that the time was right for a fund focused on women. Many venture funds lack a female partner, let alone gender balance. Are you encouraged by recent discussions?

IPO 91

IPO Cap Table NDA Vietnam 91

Duct Tape Marketing

NOVEMBER 14, 2024

The complexity of ICHRAs requires careful partner selection. So they would've had to have purchased a larger network product that is more expensive. I would say the only area of risk for employers in ICR is choosing the wrong partner. (07:26): Key Takeaways: ICHRAs provide employees with more choice in health benefits.

Kansas City 77

Kansas City Employee Kansas Part-Time VPE 77

David Teten

MARCH 18, 2021

USV invests in companies that increase “ access to knowledge, capital, and well-being by leveraging networks, platforms, and protocols ”. Alpha Partners and Proof provide capital when their partner VCs don’t have pro rata, and share the economics on the investments. 6) Situation-defined funds. 7) Stage-defined funds.

Technical Review 78

Technical Review Cofounder Venture Capital Deal Flow 78