Agile VC

JULY 11, 2012

Some disgruntled younger partners left to go start a new firm in 1965 called Greylock. Some disgruntled younger partners left in the 90s to form what is now Redpoint Ventures (IT team) and Versant Ventures (healthcare team). Big success was Digital Equipment Corporation (DEC), in which ARD invested about $2.1M

Silicon Valley 240

Silicon Valley Carried Interest Cofounder Boston 240

David Teten

SEPTEMBER 2, 2017

It’s hard enough to get a job at a venture capital or private equity firm; it’s even more complex to join as a Partner. Sean Seton-Rogers, Partner, Profounders Capital, breaks the conversation into three areas: Control: voting/veto for new deals, share of management company. In theory, carry correlates with decision-making power.

Private Equity 60

Private Equity Venture Capital Equity Partner 60

Steve Blank

MARCH 26, 2014

The good news is that corporations have access to resources and capabilities that most startups can only dream of , whether it is free cash flow, a strong brand, a vibrant supply chain, strong distribution, a skilled sales force, and so on. This was more, far more, than the Xerox CEO was paid in those years.

Startup 331

Startup Business Model Lean Russia 331

Steve Blank

OCTOBER 29, 2009

Ampex’s first customer was Bing Crosby who wanted to record his radio programs for rebroadcast (and had exclusive distribution rights.) In a typical venture fund, the partners receive a 2% management fee. But the biggest innovation was the “carried interest” (called the “carry”.)

Silicon Valley 129

Silicon Valley SBIC San Francisco RSS 129