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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). In all of these new product and cost-focused new trends, a big problem has emerged that all of these movements have not addressed. The cost side of the equation is also important.

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Why Was Winter in Venture Capital Funding so Short?

Both Sides of the Table

With nearly 2/3rd of all VCs citing cost-cutting in 2016 as the norm — this is a clear indication that winter made an appearance. 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.

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11 Things I've learned from running a micro VC in the last year

Hippoland

I enjoy learning about new technologies and ideas – and you get to see a lot of them in this business especially in early stage investing. And, if you travel, those costs come from this number too. If you have an office, that cost fits in here too. In many cases, fund managers invest 1-5% of the fund size.

Salary 48
article thumbnail

11 Things I've learned from running a micro VC in the last year

Hippoland

I enjoy learning about new technologies and ideas – and you get to see a lot of them in this business especially in early stage investing. And, if you travel, those costs come from this number too. If you have an office, that cost fits in here too. In many cases, fund managers invest 1-5% of the fund size.

Salary 48