Both Sides of the Table

OCTOBER 12, 2014

Prorata rights are one of the most important rights of a private market technology investors and yet are seldom fully understood. In the old days there weren’t many fights about whether angels would take their prorata rights in financing rounds. Because tech companies are getting bigger more quickly than at any time in history.

Technical Review 336

Technical Review Later Stage Early Stage LP 336

Feld Thoughts

MARCH 27, 2018

I was asked if any existed the other day by an LP, so following is a list of papers I am familiar with. Accelerators and Crowd-Funding: Complementarity, Competition, or Convergence in the Earliest Stages of Financing New Ventures? How Do Accelerators Impact the Performance of High-Technology Ventures? , Who Needs Contracts?

LP 106

LP Incubator Venture Capital Technical Review 106

VC Cafe

APRIL 29, 2020

According to the Covid-19 impact report by research firm Beauhurst: 5,070 UK companies are at a ‘severe’ or ‘critical’ risk 615K startup and scaleup jobs are at risk Later stage startups are at the most risk Across the board, tech sectors and verticals are the most likely to experience a positive or low impact.

Israel 124

Israel SBA Technical Review Startup 124

Feld Thoughts

MARCH 24, 2017

In general, these investments were rarely competitive at the time of their first financing. Not only are the downsides of overcapitalization problematic for founders, but FC also examined overcapitalization in upside scenarios by studying the data from the last five years of tech IPOs.

Founder 75

Founder LP Technical Review Seed Stage 75

Austin Startup

AUGUST 10, 2017

Although we were studying finance, we were always more interested in tech. We were infatuated with tech. Before graduating, I decided to forgo the finance path and instead dove into engineering and later sales and product management roles at VersaSuite (health IT) in Austin. But we never lost the finance bug.

Technical Review 48

Technical Review Cofounder Technical Cofounder Austin 48

David Teten

JANUARY 19, 2021

Our categorization is not a technical one. Additionally, Flexible VC can accommodate all types of companies, not just asset-lite, tech-enabled companies.”. Marco Cesare Solinas , VC Analyst with Blue Future Partners , said, “ From the LP perspective, another disadvantage is the lack of track record given the early stage of the concept.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Both Sides of the Table

SEPTEMBER 22, 2012

Growth will slow, partly due to internal limits and partly because the company is starting to bump up against the limits of the markets it serves.” Instant growth = huge valuation from follow-on investors = big VC mark-up on our quarterly reports = LP interest. That leverage technology or drive change. Grow or die.

Silicon Valley 390

Silicon Valley Venture Capital Startup Technical Review 390

Both Sides of the Table

SEPTEMBER 29, 2013

I had a chance to discuss AngelList Syndicates with Naval at Michael Kim’s Cendana LP/VC conference on a panel with Naval, Roger Ehrenberg (IA Ventures) and Mike Brown, Jr. AngelList 101 : As you know, AngelList is a platform where angels can invest in semi-screened tech deals. Must be doing something right! Bowery Capital).

Syndicate 356

Syndicate Syndication Cofounder Early Stage 356

abovethecrowd.com

APRIL 20, 2016

Why the Unicorn Financing Market Just Became Dangerous…For All Involved. In late 2015, many public technology companies saw a significant retrenchment in their share prices primarily as a result of a reduction in valuation multiples. By the first quarter of 2016, the late-stage financing market had changed materially.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

Professor VC

NOVEMBER 19, 2009

I attended the annual LP meeting for a venture capital firm this week and got into a discussion about the above question. How Much Diligence is Due. I take CFO roles in early stage companies and participate on the management team during the early financings and business model development phases. ProfessorVC.

San Jose 43

San Jose Silicon Valley Las Vegas Venture Capital 43

Haystack

JULY 20, 2018

Will the next company to raise $100M in financing just poach from decent seed-stage companies and pay triple the amount to lock up talent? The CEO writes “Silicon Valley is going to leave Silicon Valley… the technology companies… they’re chasing talent, and talent is chasing affordable housing.” people looking to move to Austin).

San Francisco 116

San Francisco Silicon Valley Seattle Venture Capital 116

David Teten

MARCH 14, 2018

Another example is Correlation Ventures ($300M+ AUM), a VC firm which co-invests in financings with at least one other new outside VC. The firm attracts deal flow by promising a decision (positive or negative) in under 2 weeks, with minimal paperwork and without repeating due diligence. – Go public.

Private Equity 60

Private Equity Venture Capital Equity Cofounder 60

Both Sides of the Table

JANUARY 16, 2012

I get approached about clean tech or biotech periodically – I don’t focus on these. In ad tech there’s Seth Levine at Foundry Group and both Dana Settle & Ian Sigelow at Greycroft. But they were never going to be convinced anyways once they did due diligence and realized we’re not a SV-focused fund.

Developer 366

Developer Silicon Valley PR Las Vegas 366

Austin Startup

JUNE 26, 2019

Turns out my network (of politicos and do-gooders) is not one of accredited tech investors (meaning they meet income and net wealth thresholds and choose to make investments at all, and specifically in startups). I’m a wild-eyed, competitive founder with totally unique-to-tech expertise in this area. So, we worked to raise capital.

Silicon Valley 54

Silicon Valley Startup B2C Sweat Equity 54

Start Up Blog

APRIL 29, 2013

Technology Poverty – Every revolution has its downsides – those who miss out. Technology is bringing about a new form of poverty to those who don’t have equal access to it. The technology minimums are changing quickly. The government is using the shift to technology economies as their chance to reinvent.

Uruguay 123

Uruguay Technical Review Vertical Las Vegas 123

Startup Lessons Learned

MAY 4, 2021

Brian is the CEO of Coinbase, a successful tech company, and one of 2021's most successful IPOs. I don't see any big tech companies that have great cultures that are doing fully remote. It kind of aggregates technology content, I suppose. And of course, I wasn't really interested in the finance side of it to me.

IPO 113

IPO Cofounder Technical Review Government 113

David Teten

MARCH 18, 2021

A typical VC thesis: “we invest in tech startups in Europe at an early stage” However, our experience shows that in many cases: . “Tech” means B2B Saas/Fintech or Consumer apps. Technical” Companies (i.e. any mention of a focus on tech companies). Technical founders . Occurrences.

Technical Review 78

Technical Review Cofounder Venture Capital Deal Flow 78

David Teten

NOVEMBER 23, 2020

Here’s what I said: In your career in tech and VC, how has your focus on ESG responsibility changed over time? When we launched in 2010, I saw a white space: a burgeoning NY tech ecosystem, but only one angel group regularly writing checks. I quickly recruited a board of experienced hands.

Venture Capital 60

Venture Capital Partner Technical Review Cofounder 60