thebarefootvc

JANUARY 27, 2014

I think that later stage valuations are frothy (for reasons I explain below) while earlier stage valuations are starting to stabilize from previous highs (with the exception of the superstar serial entrepreneur) - turns out scaling in a sea of competition (both startup and entrenched) is not so easy.

Technical Review 63

Technical Review Valuation Venture Capital Investment Bankers 63

Startup Professionals Musings

JUNE 5, 2022

Micro-management at a later stage only increases stress and slows progress. Don't wait until a media inquiry or a government agency puts you on the defensive , and makes all of your efforts look like too little, too late. Showing empathy fosters resilience in facing the challenges directly and acting.

Leadership 345

Leadership Advisory Board Developer Silicon Valley 345

Steve Blank

JUNE 11, 2013

If you don’t have scale as a goal then you shouldn’t be raising money from angel or venture investors, you should be getting a commercial or government small business loan.). • Search. These types of startups are better suited to raising money from friends, family, commercial and government small business loans, etc.

Venture Capital 335

Venture Capital IRR Liquidity Event Business Model 335

Both Sides of the Table

DECEMBER 3, 2013

Put simply, the amount of public, real-time information that is now being created by hundreds of millions of users and soon billions of objects will change the way every major business, organization or government must operate. How can governments not track hooligans, terrorists or criminals who give off public information.

Iran 358

Iran API San Francisco Nigeria 358

View from Seed

MAY 18, 2016

The purpose of a board is not simply to be the founders’ friend… it is to help govern the company and provide input into its strategic direction. Here at NextView, we are strong proponents of creating a board at the seed stage. Directors have a responsibility to act in the best interest of all shareholders/stakeholders in the company.

Seed Stage 216

Seed Stage Cofounder Later Stage Government 216

YoungUpstarts

NOVEMBER 19, 2017

Venture capital fundraising can be divided into three stages: seed, early stage, and later stage. According to the same report by KPMG, the median deal size is the largest for later-stage funding, at $26 million. Increases government support and legislation. Allows startups to scale up easily.

Venture Capital 196

Venture Capital Asia Later Stage Artificial Inteligence 196

Steve Blank

JUNE 15, 2010

Certain VC’s like the new class of Super-Angels and small VC funds specialize in the early stage of a startup where you are searching for a business model. And some larger funds that specialize in later stage deals may have a partner or two who likes to invest at this stage.

Founder 232

Founder Vesting Later Stage Early Stage 232

Startup Professionals Musings

MARCH 8, 2011

I’ve written about this before, but I was surprised again recently at a conference for startups when a couple of entrepreneurs started berating investors for their low rate of funding for early-stage startups. It sounded a bit like other special interest groups crying for their entitled government programs.

Later Stage 241

Later Stage Early Stage Government Equity 241

Steve Blank

APRIL 12, 2013

The second wave of technology investors were Chinese banks, who provided the majority of the later stage investments in the Torch Program. By 1991, 70% of the Torch funded startups were getting bank financing for expansion and later stages of the new ventures, with local governments acting as guarantors.

Venture Capital 171

Venture Capital China Offshore SBIR 171

Startup Professionals Musings

APRIL 13, 2013

In later-stage businesses, entitlement is evident when employees treat customers with indifference, or feel they are entitled to their job by merely “showing up for work.” " We heard this from many of the Wall Street groups that survived a few years ago only with government bail-outs. That’s the way capitalism works.

Later Stage 246

Later Stage Early Stage Equity Employee 246

Startup Professionals Musings

JULY 20, 2014

In later-stage businesses, entitlement is evident when employees treat customers with indifference, or feel they are entitled to their job by merely “showing up for work.” " We heard this from many of the Wall Street groups that survived a few years ago only with government bail-outs. That’s the way capitalism works.

Later Stage 240

Later Stage Early Stage Equity Employee 240

Startup Professionals Musings

MARCH 23, 2012

In later-stage businesses, entitlement is evident when employees treat customers with indifference, or feel they are entitled to their job by merely “showing up for work.” " We heard this from many of the Wall Street groups that survived a couple of years ago only with government bail-outs. That’s the way capitalism works.

Later Stage 232

Later Stage Early Stage Employee Equity 232

Steve Blank

JUNE 11, 2013

If you don’t have scale as a goal then you shouldn’t be raising money from angel or venture investors, you should be getting a commercial or government small business loan.). • Search. These types of startups are better suited to raising money from friends, family, commercial and government small business loans, etc.

Venture Capital 227

Venture Capital IRR Liquidity Event Business Model 227

Gust

DECEMBER 1, 2011

Sources of Capital for Startup Entrepreneurs – The primary sources of cash for new companies are (1) self (the entrepreneurs’ resources), (2) government grants, (3) friends and family, (4) angel investors and Super Angels , (5) venture capitalists and (6) strategic investors.

SBIR 120

SBIR Startup New York City Angel Investor 120

The Startup Magazine

FEBRUARY 6, 2020

This article will focus on the impact of hospitals in that equation, specifically those public health system owned and controlled by local Governments. [2]. Further into their lifecycle, though, they found themselves beholden to certain financial and governance handicaps. Hospital System Roots. Unions often cast an outsized presence.

Private Equity 164

Private Equity New York City Chicago Investment Bankers 164

VC Cafe

OCTOBER 29, 2020

After finishing a second national lockdown, amidst weeks of protests against the government and with borders largely closed to foreigners, you could safely say that these are not ‘normal’ days for Israeli startups or the Israeli economy. In the first 3 quarters of 2020, Israeli startups raised $7.5

Venture Capital 148

Venture Capital Israel Angel Investor Later Stage 148

Seeing Both Sides

AUGUST 28, 2017

But once the regulatory and systems infrastructure for ICOs is in place and the friction is reduced, it will become a more common means of raising growth financing, representing a disruptive force for later stage investors. In short, token sales allow early stage companies to skip the series B round and beyond. Fuzzy Governance.

Early Stage 20

Early Stage Equity Venture Capital Government 20

Seeing Both Sides

AUGUST 28, 2017

But once the regulatory and systems infrastructure for ICOs is in place and the friction is reduced, it will become a more common means of raising growth financing, representing a disruptive force for later stage investors. In short, token sales allow early stage companies to skip the series B round and beyond. Fuzzy Governance.

Early Stage 20

Early Stage Equity Venture Capital Government 20

Both Sides of the Table

OCTOBER 14, 2009

The first is a “board member.&# This is a person who had legal, corporate governance rights to vote on initiatives that require board approval. The final reason you might find board observers is where you have an investor on your board in an early round of investment and the later stage investors want to take the board seats.

Advisory Board 215

Advisory Board Strategic Investors Venture Capital Later Stage 215

Gust

JULY 13, 2014

In later-stage businesses, entitlement is evident when employees treat customers with indifference, or feel they are entitled to their job by merely “showing up for work.” ” We heard this from many of the Wall Street groups that survived a few years ago only with government bail-outs. That’s the way capitalism works.

Later Stage 153

Later Stage Early Stage Equity Employee 153

Version One Ventures

JULY 29, 2020

3) A decentralized governance model. Since the launch of the COMP token in mid June, we have been watching how “decentralized governance model” and “better than free” value propositions are starting to come alive. . With that said, three big questions need to be figured out: Governance is hard. 2) Permissionless innovation.

Networking 111

Networking Government Stock Options Later Stage 111

VC Cafe

JANUARY 2, 2023

In addition to investments, the Israeli tech sector found itself getting more politically involved as the new government led by Prime Minister Netanyahu (who holds the PM for the sixth time) was sworn in. As a result, I expect to see slower pace of investing across stages. Lower valuations , especially in later stage.

Valuation 158

Valuation Down Round Israel Venture Capital 158

David Teten

SEPTEMBER 6, 2015

When it comes to governance, putting operating heads on portfolio company boards hasn’t worked. Bodas notes, “Some corporations are very technology and engineering centric so the technology risk that may come with investing in an earlier stage startup is more broadly understood within the corporation.

Venture Capital 60

Venture Capital Balance Sheet Technical Review Portfolio 60

Version One Ventures

JANUARY 23, 2019

Much of today’s uncertainty can impact start-ups… When will the US government shutdown end? For later-stage start-ups, it’s always advisable to have a Plan B on how to get to profitability with existing cash in case funding markets dry up. Are we heading into a US-China trade war?

Burn Rate 90

Burn Rate Later Stage China Venture Capital 90

YoungUpstarts

MAY 27, 2016

If there is no written definition of each person’s role, problems can ensue at a later stage. Plus, there is less bureaucracy to deal with from the government. But, what is that so important? After all, surely everyone knows what they’re doing anyway, right? Both options have their pros and cons.

Dividend 100

Dividend Startup Later Stage Government 100

VC Cafe

JULY 12, 2011

Shift to later stage investments becomes a scare. 69% of Israeli VCs want the government to provider additional incentives for high tech companies. Overall, 66% of VCs said that they believe an Israeli startup can become a major global Internet player in the next five years. Other Highlights.

Internet 84

Internet Israel Venture Capital IPO 84

This is going to be BIG.

DECEMBER 26, 2011

Open Government. Companies like Publicstuff and Votizen that help us connect with our elected officials and local governments are going to get a lot of dollars and attention this year. That aside, here are ten areas I think you'll see some interesting things happening in 2012. Reader beware.). Calendaring.

Technology 118

Technology Valuation Community Restful 118

The Entrepreneurial Mind

AUGUST 6, 2010

But in terms of "established business ownership", Tonga ranked 49th indicating an inability to sustain growth and suggesting a lack of understanding of entrepreneurship at a later stage. Under "Education and Training", GEM Tonga states, "Lack of education and training represents a major concern.

Tonga 63

Tonga Later Stage Global Early Stage 63

The Entrepreneurial Mind

JULY 14, 2010

But, please, oh please, keep this out of government hands! It is as if the authors trust government more than markets. Remember that the government just did a massive power grab and took over the college loan program. Step One: Stop trying to see what government can do to steer the economy. Cut taxes across the board.

SBA 64

SBA SBIR Government Angel Investor 64

The Startup Lawyer

JANUARY 6, 2011

Later stage opportunities are also out of the mandate of our fund. Historically I’d say that corporate venture has been most meaningful at the later stages of a company’s life cycle but that has primarily been product of fund sizing and strategic mandate of the corporate funds. That’s an interesting question.

Early Stage 58

Early Stage LP Later Stage Balance Sheet 58

Feld Thoughts

NOVEMBER 2, 2016

This is mostly impacting the later stages. In 2015, there was a huge influx of hedge fund, crossover, and private equity investors doing late stage rounds. Do you see a substantial uptick in private and growth equity in the market? . If so, how does that influence the venture market or your investment strategy?

Venture Capital 70

Venture Capital Private Equity Early Stage Valuation 70

ithacaVC

MARCH 11, 2016

And I think that early stage companies should take the risk and not use 409A valuations. As companies move to later stages and have meaningful revenues and profits then 409A valuations begin to make more sense. BTW, I continue to think that as applied to private companies 409A is a terrible rule.

Pre-Money Valuation 40

Pre-Money Valuation Stock Options Valuation Later Stage 40

Austin Startup

MARCH 7, 2021

Are they running from high prices, high taxes, dysfunctional government, and wildfires? All of the investors, all of the big companies, all of the government groups?—?they In fact, the Houston city government ranks number onein the country in renewable energy use. What’s bringing them here? Count all of the people you know!

Texas 90

Texas San Antonio Houston Dallas 90

www.paulgraham.com

APRIL 28, 2010

At one extreme is the sort of pork-barrel project wherea town gets money from the state government to renovate a vacantbuilding as a "high-tech incubator," as if it were merely lack ofthe right sort of office space that had till now prevented the townfrom becoming a startup hub. The problems are different in the early stages.

Technical Review 76

Technical Review Startup Software Review Angel Investor 76

Hunter Walker

JULY 18, 2022

But one of the benefits of ‘software eating the world’ is that there are a ton of amazing companies selling into huge traditional industries: agriculture, health care, government services, hospitality, and so on. I’d argue that these are generally less exposed to a tech chill and more exposed to a general economic slowdown.

Valuation 147

Valuation Cap Table Startup Later Stage 147

www.mint.com

MARCH 9, 2010

People living off the government cannot always buy the cool new products we want to offer them. This is a very good excercise, and will make it much easier for me to explain the idea to potential investors at a later stage. This forces me to rethink and explain it to her in plain Norwegian (English in your case).

Software Review 68

Software Review Startup Post-Money Valuation Technical Review 68

Reid Hoffman

JANUARY 19, 2021

The structural role of a board of directors is corporate governance, specifically, making sure that the company is managed in accordance with the interest of the shareholders (and if liabilities exceed assets, the interest of debtholders), and in compliance with applicable laws and regulations. WHAT DOES A BOARD OF DIRECTORS DO?

Startup 36

Startup Cofounder Advertising Hiring 36