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How is the VC Asset Class Doing?

View from Seed

The top quartile has distributed 2.03x (vs. 1.68) and the median fund now has distributed 1.27X (vs. One or two of the best companies may continue to appreciate, but most of a VC’s portfolio has probably been realized, written off, or has maxed out its value. The way this gets resolved is if their VC portfolio becomes liquid.

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Why a Company Can’t “Be More Like a Startup”

Steve Blank

If they select a business model that targets industry incumbents, they don’t have to worry about upsetting existing customers, partners or distribution channels. Existing companies also use network effects of monopolies/duopolies, distribution channel kickbacks, etc., to stifle competition.). What can a company do?

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Corporate Acquisitions of Startups: Why Do They Fail?

Steve Blank

The Innovation Portfolio. Companies manage these three types of innovation with an innovation portfolio – they build innovation internally, they buy it or they partner with resources outside their company. What can companies learn from others’ failed efforts to integrate startups into large companies?

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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

For Upfront Ventures, across > 25 years of investing in any given fund 5–8 investments will return more than 80% of all distributions and it’s generally out of 30–40 investments. But I thought a better way of thinking about how we manage our portfolios is to think about it as a funnel. So it’s about 20%.

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Technology, Innovation, and Modern War – Class 5 – Chris Brose

Steve Blank

The new technologies and capabilities that will be central to military advantage in the future – artificial intelligence, machine learning, autonomous systems, distributed networking, advanced manufacturing, and commercial space, etc. Disruptive Technology. That’s no longer the correct model.

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WTF is Traction? A 6-Step Relationship Guide to VC

Both Sides of the Table

But many Series A firms tell people they have a “revenue rule&# and then you look at their portfolio and see many exceptions. They tell you that they’re working on biz dev deals with distribution partners and they get the deals signed. Over deliver - The people who get funded are the people who actually get things done.

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Is the Lean Startup Dead?

Steve Blank

NewTV will depend on partners like telcos to distribute the content. Given Verizon just shut down Go90 , its short form content video service, it will be interesting to see if Verizon distributes Katzenberg’s offerings.). Massive liquidity awaited the first movers to the IPO’s, and that’s how they managed their portfolios.

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