Startup Professionals Musings

MAY 9, 2011

I also spend close to half my time teaching, and in addition to serving on the entrepreneurship advisory boards at Columbia, Yale and NYU, I am Chair of the Finance, Entrepreneurship and Economics program at Singularity University in Silicon Valley. Marty: Were your own first investment ventures a positive and learning experience?

New York 221

New York Accredited Investor Advisory Board IRR 221

David Teten

AUGUST 21, 2019

Revenue-Based Investing (“RBI”) is a new form of VC financing, distinct from the preferred equity structure most VCs use. The RBI investor is motivated to help the company grow because that speeds up the pace of revenue payback, and therefore IRR. Most founders who are raising capital look first to traditional equity VCs.

Revenue 60

Revenue Liquidation Preference Equity Cofounder 60

abovethecrowd.com

APRIL 20, 2016

Why the Unicorn Financing Market Just Became Dangerous…For All Involved. All Unicorn participants — founders, company employees, venture investors and their limited partners (LPs) — are seeing their fortunes put at risk from the very nature of the Unicorn phenomenon itself. By January of 2016, that number had ballooned to 229.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

Professor VC

MARCH 10, 2009

His latest venture, Bharosa, was sold to Oracle for a 6X multiple in 3 years to his angel investors, a sweet close to triple digit IRR. I take CFO roles in early stage companies and participate on the management team during the early financings and business model development phases.

Bootstrapping 28

Bootstrapping San Jose Silicon Valley Angel Investor 28

K9 Ventures

MAY 14, 2011

They are still individual investors, they invest on a full-time basis as professionals, but they have funds with Limited Partners. The limited partners may themselves run the gamut from individuals, family offices, venture capital funds to institutional LPs. They have 4-10 partners who are investing on their behalf. Super Angel.

Preferred Stock 125

Preferred Stock Seed Stage Incubator Early Stage 125

Agile VC

NOVEMBER 13, 2012

Some of the firm’s partners may move on to new jobs during this phase but at least some are usually still around. typically, which in most cases would to >20% IRR. The lights are usually still on, both literally and metaphorically, and there are often follow-on investments in existing portfolio companies still being made.

LP 154

LP Portfolio Venture Capital IRR 154

K9 Ventures

NOVEMBER 30, 2008

The birth of modern-day venture capital (not considering the European monarchs financing explorations and projects as venture capital) can be traced back to American Research and Development, which was started by Georges Doriot. The General Partners (GPs) are the operating guys. The business of venture capital is relatively young.

IRR 48

IRR Venture Capital LP Early Stage 48

Professor VC

JANUARY 17, 2008

A partner from the law firm (sponsor, covers the drinks and food) tosses out some softball questions to the panelists, the audience chimes in with Q&A and finally, culminates with the meet and greet where the panelists are flooded with business cards and pitches on the next great thing, which is often very similar to the last great thing.

Pre-Money Valuation 28

Pre-Money Valuation Angel Investor Angel Groups Valuation 28

Ben's Blog

AUGUST 17, 2020

The conventional wisdom finance professionals are often taught is that you should not pay a higher multiple today than what you’d expect to be paid upon exit — that is, your entry multiple should equal your exit multiple. Not too shabby! Ultimately, determining a valuation is a delicate balance between many factors.

Valuation 36

Valuation Balance Sheet Cofounder Forecast 36

Feld Thoughts

AUGUST 1, 2018

The $750 million fund combines all of our prior fund strategies – our early stage, early growth, and partner fund investments – into a single fund. When we started Foundry Group, we had four equal partners. We now have seven equal partners. The seven partners all work directly with the companies and partner funds.

Syndicate 17

Syndicate Syndication IRR Canada 17

David Teten

NOVEMBER 23, 2020

Blue Future Partners, a venture capital fund of funds, recently interviewed me on ESG in venture capital. – Forte has developed an innovative structure to finance vocational reskilling at no cost to individuals or governments. Traditional KPIs are, in descending order of importance: IRR (and secondarily Multiple).

Venture Capital 60

Venture Capital Partner Technical Review Cofounder 60