David Teten

FEBRUARY 3, 2014

It might appear that origination is becoming much easier because of new tools like AngelList and the SEC moving toward adoption of rules that will allow equity based crowdfunding. We published the full report in the Journal of Private Equity ; it’s now the #2-most viewed article in the Journal’s history.

Private Equity 114

Private Equity Venture Capital Technical Review Equity 114

Professor VC

JANUARY 17, 2008

I think the title of this post is a TV show, but fitting as there has been much debate in the venture community as to the whether angel investors are good or bad for entrepreneurs and VCs. One of my comments was that we would likely see more institutionalization of angel groups and syndication of deals among groups.

Pre-Money Valuation 28

Pre-Money Valuation Angel Investor Angel Groups Valuation 28

Rob Go

JANUARY 7, 2013

Amidst the mass of new initiatives, new firms, new strategies, etc that constantly pop up in the early stage investing landscape, it’s helpful to have a clear articulation of what VC’s are focused on and how they see the world. Geography: 20 / 25 investments are based in the Boston and New York areas.

Portfolio 49

Portfolio Seed Stage Cofounder B2B 49

Professor VC

JUNE 20, 2011

But of course, the model had us requiring only $10M equity to breakeven and to achieve $185M in revenues in 2008 (the magic Year 5 in all business plans). There are definitely some lessons in the story for entrepreneurs and angel investors, but before discussing, I thought Id share a bit about the early financing history for iControl.

San Jose 28

San Jose Angel Investor Term Sheet Venture Capital 28

Professor VC

SEPTEMBER 2, 2010

Whether you buy this or not for public equities, the market for early stage private companies has always been wildly inefficient. Entrepreneurs struggle to find investors and investors struggle to find the best start-ups. This is a brutal process for entrepreneurs and many have no interest in the angel groups for this reason.

Angel Investor 28

Angel Investor Angel Groups San Jose Venture Capital 28

David Teten

JUNE 12, 2014

In December 2010, Richard Kane, then-President, Harvard Business School Club of New York , asked me if I’d like to found an HBS alumni-affiliated angel group in NY. about 150 for Golden Seeds in New York, the largest group). Since then, we have grown to be the 2nd largest angel group in NY, with 130 members (vs.

New York 114

New York Connecticut Angel Groups Florida 114

Austin Startup

APRIL 3, 2017

Or perhaps it’s New York City — where companies like Foursquare, Warby Parker, and Rent the Runway got their start. Austin has approximately 600 fewer funding sources than both Silicon Valley and New York (144 compared to 785 and 739, respectively) and an average deal size half that of other major metropolitan areas’ ($5.4M

Silicon Valley 48

Silicon Valley New York City San Jose Texas 48

David Teten

NOVEMBER 15, 2013

The average equity fund investor earned a market return of only 4.25%. One are investors in truly new asset classes, e.g., frontier markets like the Pakistani stock market, which really do provide new opportunities for investors to put capital to work. I can only think of a few exceptions to this zero-sum principle.

Management 114

Management Pre-Money Valuation Venture Capital New Hampshire 114