Remove Capital Call Remove Conversion Remove Management
article thumbnail

Are Business Plans Still Necessary?

Both Sides of the Table

Many of these businesses were what First Round Capital called FNACs (features, not companies – this acronym has always stuck with me). If you’re a consumer destination the revenue and COGS lines should tell me about how big your funnel is, how you fill the top end of the pipe and what your conversion rates will be.

article thumbnail

Why Was Winter in Venture Capital Funding so Short?

Both Sides of the Table

billion in venture capital funds with one A-round fund and one late-stage fund. In case you’re keeping score at home — that’s approximately the size of 65 US seed-stage funds managed by one company. Why Was Winter in Venture Capital Funding so Short? Baidu alone raised $3.2 This chart surprised me the most.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

The Loneliness of Success that Nobody Talks About

Both Sides of the Table

They interweave off-stage lives and conversations with amazing musical performances and they both have amazing editing and cinematography. It was a heavy day, for sure. Both films were must watches for artistry. They are essentially the same story.

Houston 150
article thumbnail

What Makes a Great Independent Board Member?

Both Sides of the Table

While it’s true that they are investing LP money from a fund, it’s also true that the VCs are required to write large checks into their funds so every time they do a “capital call” (request money from an LP to fund you) they are also having to wire their own money into the deal. VCs most certainly do have skin in the game.

Warrant 187
article thumbnail

My dad said: “Never take on a business partner.”

Berkonomics

Rarely is there any formal written agreement memorializing these initial expectations and stating the consequences of non-performance or inability to make capital calls when required. It is always wise to have an attorney help memorialize a partnership agreement, even if painful conversations must take place to do so.

Partner 62