Both Sides of the Table

JULY 7, 2015

And from Nancy Hua … “Too many angels can also hurt a start-up and be taken as an indication that a company is not strong enough to attract any one “lead” investor, said Ms. If you have 8 well known, high quality angels with impeccable reputations then be as transparent as you like. Hua of Apptimize. ” Uhhuh.

Cap Table 150

Cap Table Cofounder Silicon Valley Startup 150

View from Seed

MAY 29, 2019

Historically, seed rounds were syndicated among several different firms. Today, we are seeing less syndication of seed rounds and sharper elbows among many of the funds in the market. Instead of broadly syndicated rounds, we are seeing much more competition for fewer slots. Why Is Seed Investing Becoming More Sharp Elbowed?

Syndication 267

Syndication Syndicate Cofounder Cap Table 267

David Teten

JULY 12, 2017

These firms can typically target a large pool of individual value-added investors, surfaceable by industry, region, title, and expertise to support the company. Although EquityZen is primarily an online marketplace for secondary shares in private companies, they also offer syndicated primary investments. Market Insight.

Syndicate 60

Syndicate Syndication Institutional Investors LP 60

David Teten

SEPTEMBER 6, 2015

Some corporate funds now lead rounds. Others follow independent financial lead investors and most require that independent investors be part of the syndicate. Teten: What makes for a good vs. bad corporate venture investor? This sector has come a long way and matured a lot. .

Venture Capital 60

Venture Capital Balance Sheet Technical Review Portfolio 60

Rob Go

JULY 17, 2014

2) Is your reputation in the market such that great people will want to work with you? We want to be able to comfortably lead these rounds and speak for 1/3 – 1/2 of the capital or more. Our new fund size allows us to do that and continue to play the part of the lead investor. This leads to the second factor.

Seed Stage 69

Seed Stage Early Stage Due Diligence Liquidity Event 69

Both Sides of the Table

APRIL 3, 2010

I believe these VC funds have suffered some amount of reputation fall out. Second, more damning is the “signaling problem.&# This means that if a VC invests in your seed round and does not participate in a future round the next round investor will think to himself, “well, if Big VC Co. Great reputation.

Venture Capital 265

Venture Capital Term Sheet Early Stage Silicon Valley 265