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Are Business Plans Still Necessary?

Both Sides of the Table

This is part of my ongoing series of posts and I need to file this one under both Raising Venture Capital and Startup Advice. Many of these businesses were what First Round Capital called FNACs (features, not companies – this acronym has always stuck with me). Cisco and others went out to fill out their Web 2.0

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Why Was Winter in Venture Capital Funding so Short?

Both Sides of the Table

This past year was also the year that startup boards also got more disciplined about containing burn rates and pushing for companies to be run more pragmatically. billion in venture capital funds with one A-round fund and one late-stage fund. Baidu alone raised $3.2 And more than 50% of CVCs said they plan to invest even more in 2017.

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The Loneliness of Success that Nobody Talks About

Both Sides of the Table

I managed the pressure but it lead me to gain weight, drink too much, work all the time and internalize the pressure that if I failed it would be very public and would affect the lives of everybody who joined my startup in the belief we would do something big together. Startups are All Naked in the Mirror. It was a lot to bear.

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

Hippoland

more on this later) Much like running a product-startup, you’re your own boss, so you sometimes end up working really hard and at all hours depending on where you are in your fund life cycle. In many cases, fund managers invest 1-5% of the fund size. And then later, when the fund needs money, the fund does a capital call.

Salary 48
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11 Things I've learned from running a micro VC in the last year

Hippoland

more on this later) Much like running a product-startup, you’re your own boss, so you sometimes end up working really hard and at all hours depending on where you are in your fund life cycle. In many cases, fund managers invest 1-5% of the fund size. And then later, when the fund needs money, the fund does a capital call.

Salary 48
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What Makes a Great Independent Board Member?

Both Sides of the Table

Industry Expertise You don’t need a peer from another startup as your independent?—?you What you don’t get on a typical startup board is somebody who brings the wisdom of your industry. That’s why hiring somebody with some startup experience can really help. you can build that with your personal peer network. Diplomatic?—?A

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How VCs Make Money….Hopefully

ithacaVC

That means that it has capital commitments from investors of $100mm. Capital is called when needed for investment, fund expenses or management fee. And, VC1 does not reinvest capital returned (with very few limited exceptions) – VCs are not hedge funds! salary paid from management fees.