Remove Carried Interest Remove Startup Remove Vertical
article thumbnail

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 fact, much like startups, I’ve heard that 9 in 10 VCs will not even get to 1x returns! First, most VC funds are failures.

Salary 48
article thumbnail

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 fact, much like startups, I’ve heard that 9 in 10 VCs will not even get to 1x returns! First, most VC funds are failures.

Salary 48
article thumbnail

The Secret History of Silicon Valley 12: The Rise of “Risk Capital.

Steve Blank

These angels who were all working in their day jobs at various financial institutions, would invite startup electronics companies up to San Francisco to pitch their deals and they would invest an average of $75 -$300K per deal.