Both Sides of the Table

SEPTEMBER 16, 2010

Part 1 – Access to Great Deal Flow – is here. The first three skills I espoused were: access to the highest-quality deal-flow, domain knowledge of the topic area in which you’re investing and access to VCs to help fund the next stages of development.

Cap Table 283

Cap Table Angel Investor Liquidation Preference Dilution 283

View from Seed

OCTOBER 16, 2019

Similarly, the best kind of deal flow for a VC is organic deal flow. Even if you are just meeting a founder for the first time, I think of deal flow as being organic when an intro is made by a founder that the investor trusts well before an active fundraise process has begun.

Deal Flow 45

Deal Flow Syndication Syndicate Cofounder 45

A Crowded Space

JUNE 18, 2013

—— This deal came through a back channel diligence call. I believe that these calls have two very significant benefits that make them good sources of deal flow. And I invested. 1) Pretense - in normal meetings with VCs and entrepreneurs, someone is always selling. Selling puts people on the defensive.

Deal Flow 60

Deal Flow Technical Review Due Diligence Analytics 60

Steve Blank

MAY 17, 2010

Venture Firms use the contests as another source of deal flow and talent. Business plans are easy to grade, score and judge. Schools can get Venture Firms to fund prizes for the best business plan. There is no alternative. The irony is that business plan competitions ought to be held for plans from large companies not for startups.

Business Plan 320

Business Plan Business Model Customer Development Deal Flow 320

Steve Blank

MARCH 19, 2018

Chasing deal flow has resulted in many VCs leading the race to the bottom in startup ethical behavior. While Silicon Valley has grown to have global influence, in many ways the cultural leadership from the venture community has dramatically shrunk in the last decade.

Part-Time VPE 354

Part-Time VPE Leadership Silicon Valley Los Angeles 354

ReadWriteStart

SEPTEMBER 1, 2010

According to that report, over the past year the top 30 firms participated in 663 unique deals (almost a quarter of all deals) with amounting to almost $9 billion in investment. Healthcare was the number 2 sector for both the deal numbers and deal size.).

Deal Flow 121

Deal Flow Venture Capital Web Development Advertising 121

Startup Professionals Musings

JANUARY 7, 2013

Sure, there will always some seed funding (10% of overall deal flow), but you can bet that this money goes to entrepreneurs who have been there before and won. The market and venture capitalists are looking for business, but with a continuing focus on proven business models.

Venture Capital 252

Venture Capital IPO Elevator Pitch Initial Public Offering 252

Both Sides of the Table

SEPTEMBER 29, 2013

AngelList 101 : As you know, AngelList is a platform where angels can invest in semi-screened tech deals. It should help some entrepreneurs to better access early-stage capital and should allow some angel investors better access to deal flow. Social proof can be helpful. But it can also be destructive.

Syndicate 356

Syndicate Syndication Cofounder Early Stage 356

David Teten

MAY 9, 2012

VCAP© will be operated through NAIC’s subsidiary, The Marathon Foundation, a business development network that supports entrepreneurial growth, access to capital and deal flow. The Marathon Foundation (TMF) is a business development network dedicated to entrepreneurial growth, access to capital and deal flow.

Venture Capital 154

Venture Capital Programming Accredited Investor New York 154

Both Sides of the Table

NOVEMBER 14, 2010

Note: If you’re new to angel investing you may be interested to read my series on what I believe it takes to be successful – each of these links is an article: Access to the Best Deal Flow , Domain Knowledge , Relationships with VCs , Deep Pockets , Access to Buyers.

Florida 299

Florida Technical Review San Antonio Los Angeles 299

Gust

SEPTEMBER 27, 2014

That means they spend a lot less time actively seeking out new deals than they do responding to inbound deal flow. VCs therefore use whatever heuristics they can in order to triage the deal flow. One of the primary ones is the referral source.

Angel Groups 159

Angel Groups Elevator Pitch Software Review Deal Flow 159

Both Sides of the Table

JANUARY 21, 2010

I find that one of my best sources of deal flow is from lawyers. So you can become friends with these people just like NORMAL people and, don’t worry, you’re not going to get a bill for having a beer with them.

Southern California 318

Southern California Silicon Valley IP Stock Options 318

Gust

OCTOBER 29, 2014

From our inception we have been perfecting this process from the perspective of deal flow. Our vision has always been to facilitate the connections between entrepreneurs and early stage investors.

Early Stage 133

Early Stage Technical Review New York Deal Flow 133

The Startup Magazine

NOVEMBER 14, 2018

FUND is a national connector of entrepreneurs, VCs, angel investors, and industry experts with a focus on deal flow and making connections. At this year’s FUND Conference in Chicago, Illinois, over 100 startups presented their early-stage companies in front of hundreds of investors and industry leaders.

Chad 139

Chad Illinois Nepal Haiti 139

Version One Ventures

DECEMBER 18, 2018

US VC deal flow in healthcare hit an all-time high this year as we continue to refine our thesis on the space. This helps encourage the mainstream adoption of cryptocurrency ). In addition, our existing startups in this space continue to do well. For example, Coinbase raised its Series E this quarter. Bio/healthcare.

Technical Review 123

Technical Review North America Seattle Deal Flow 123

Haystack

OCTOBER 2, 2019

It feels like a tsunami of deal flow , and for me, I’ve outlined how I pay attention to inbound flow in terms of what gets priority. And one of the sources of that flow are the new accelerators (I’m lumping incubators, accelerators, etc.

Deal Flow 106

Deal Flow Cap Table Early Stage Institutional Investors 106

Startup Professionals Musings

FEBRUARY 10, 2010

As a member of the selection committee on one of these local organizations, I use Angelsoft on the investor side to review business plans, deal flow, and help orchestrate presenters at monthly meetings of the local organization. You can then begin your application to one or more of these organizations right on the same screen.

Angel Investor 120

Angel Investor North America South America Accredited Investor 120

Steve Blank

SEPTEMBER 14, 2009

To do this they have to accomplish five things; 1) get deal flow – via networking and legwork, they identify likely industries, companies and teams with the potential for rapid growth (less than 10 years), 2) evaluate those companies and teams on the basis of technology, market opportunity, and team.

Silicon Valley 237

Silicon Valley IPO Technical Review Venture Capital 237

Both Sides of the Table

FEBRUARY 3, 2015

But returns are partly a function of whether one can get access to great deal flow. He decided to wrap himself in it, provide unparalleled information about SaaS businesses and push all of his chips into the pile. Time will judge Jason’s VC career on returns just like it does all of us.

LP 150

LP Israel Technical Review Deal Flow 150

Both Sides of the Table

FEBRUARY 24, 2019

I also find this as an invaluable source of future deal flow, future recruiting and future decisions about whom I want to co-invest with. By building “outside the board meeting” relationships I find that I can more easily resolve difficult issues when they arise.

Cofounder 251

Cofounder Conversion Management Founder 251

Haystack

JULY 12, 2019

Now that there are so many new companies started, so much money in the ecosystem, and new types of funds out there, deal velocity is increasing. To find signal in all the noise of that deal flow stream, “who” the source is certainly matters. But, then again, introductions can be a dime a dozen.

Early Stage 72

Early Stage Deal Flow Technical Review Social Media 72

View from Seed

SEPTEMBER 4, 2018

Great returns in early stage investing is driven by great deal flow and good picking. Indeed, this trend is happening across the world, but for now, we are primarily focused on North America. Belief #4: The Best Way to Spot Outliers is to be Thematic. As Peter Thiel has said, the key is to be non-consensus-right.

North America 120

North America Seed Stage Early Stage Lead Investor 120

Gust

DECEMBER 21, 2011

This is not to say that there is no competition for deals in Seattle, Boston, New York and elsewhere.) While deal flow may not be as high where you are now located, attempting to break into the Valley will be daunting. To economic developers : Don’t think or say “we are going to create the next Silicon Valley here!”

Silicon Valley 107

Silicon Valley Southern California Tucson Seattle 107

NZ Entrepreneur

MAY 31, 2021

Building deal flow so that you have access to more opportunities and can select from the best possible options. Alongside diversification, a couple of other aspects also contribute towards building a strong portfolio, including: Having an investment mandate or thesis to provide safety rails around your decision making.

Portfolio 89

Portfolio New Zealand Management Technical Review 89

View from Seed

DECEMBER 6, 2018

The belief is that the best founders and investment opportunities are quite obvious to any smart investor, so it’s imperative to have proprietary deal flow and relationships. Early in my career, there was the sense that you needed to invest in companies that no one else saw.

Early Stage 120

Early Stage Florida Deal Flow Venture Capital 120

Both Sides of the Table

SEPTEMBER 14, 2010

Access to the best deal flow – I think the most obvious thing you need to be successful is access to the right deals in the first place. Do you have access to that kind of deal flow? Deal flow alone is not good enough. If you do, make sure you’re not the sucker. Are you sure? Is yes, have a seat.

Silicon Valley 306

Silicon Valley Deal Flow Angel Investor Cofounder 306

www.paulgraham.com

OCTOBER 23, 2010

Angelrounds are their whole business, as online video was for YouTube.Whereas VCs who make angel investments mostly do it as a way togenerate deal flow for series A rounds. [ Sowhen investors stop trying to squeeze a little more out of theirexisting deals, theyll find theyre net ahead, because so manymore new deals appear.

Startup 93

Startup Valuation Non-Compete Deal Flow 93

Mucker Lab

AUGUST 27, 2014

In Silicon Valley, given how tightly knit the ecosystem has become, and how well-networked entrepreneurs have learned to be, there is almost no such thing as “proprietary” deal flow. The top tier funds see almost all of the best deals.

Los Angeles 138

Los Angeles Southern California Silicon Valley Technical Review 138

David Teten

SEPTEMBER 6, 2018

For example, we created a pipeline management tool that automatically adds deals along with relevant information (such as attachments received) to our funnel. This tool serves to standardize & automate the process of collecting inbound deal flow. It seamlessly creates a deal folder (company name) in our Google Drive.

Technical Review 60

Technical Review Private Equity Management Cap Table 60

David Teten

SEPTEMBER 6, 2018

For example, we created a pipeline management tool that automatically adds deals along with relevant information (such as attachments received) to our funnel. This tool serves to standardize & automate the process of collecting inbound deal flow. It seamlessly creates a deal folder (company name) in our Google Drive.

Technical Review 60

Technical Review Private Equity Management Cap Table 60

ithacaVC

MAY 24, 2014

Good perspective though I am favorably biased towards activity that I see “up here” Our deal flow is strong and constantly growing. It is worth reviewing if you are interested in entrepreneurship and VC in upstate NY. It is actually better than ever. Enjoy the long weekend.

New York 79

New York Venture Capital Technical Review New York City 79

crowdSPRING Blog

JANUARY 3, 2011

VCs also indicated their optimism about the overall quality of the deal flow with high percentages from all countries surveyed indicating that quality would “remain the same&# or improve in their countries in 2011. Startups will sustain domestic employment.

Technical Review 93

Technical Review Venture Capital Startup India 93

Both Sides of the Table

SEPTEMBER 14, 2010

Part 1 – Access to Great Deal Flow – is here. But the problem is that most deals – even really promising ones – fail. Access to Deal Flow. This is the second article in a series on what it takes to be a great angel investor (and why this should matter to entrepreneurs). Domain Knowledge.

Angel Investor 288

Angel Investor Deal Flow Viral Algorithm 288

Both Sides of the Table

AUGUST 16, 2011

Increase your deal flow. . “Get out of the office&# says Steve Blank. Are You a VC? Get out of your offices and go have coffee meetings. Preferably at startup HQs. Why do they always need to come to you? 50 coffee meetings. Office hours. I know I’m getting repetitive. It is with great intent.

Dividend 410

Dividend Deal Flow Hiring Advertising 410

Tim Keane

MAY 22, 2006

  Groups of investors usually cannot afford to try this kind of stuff; their deal flow dries up.    Groups of investors usually cannot afford to try this kind of stuff; their deal flow dries up.  .  This is great if you know the person investing or you know their reputation.

Wisconsin 60

Wisconsin Offshore Warrant Angel Investor 60

A Crowded Space

DECEMBER 9, 2013

He describes his deal flow process as simply “waiting for the phone to ring.” This gives them a unique advantage when it comes to deal flow. So, here are my lessons learned and applications to venture: . ” And frankly, I believe it. Their intended holding period is forever. ” .

Technical Review 68

Technical Review Deal Flow Balance Sheet Down Round 68

The Startup Magazine

AUGUST 11, 2023

This setup is incredibly investor-friendly because investors may pick and choose whatever companies they want to invest in from the deal flow. The average investment horizon for angel funds is between eight and ten years.

Seed Stage 148

Seed Stage Technical Review Early Stage Due Diligence 148