David Teten

AUGUST 15, 2013

Most VCs (including ff Venture Capital ) collect money from independent limited partners in order to form their fund. Some corporations emulate this model by creating their own wholly-owned VC entities, typically with one LP: the corporate balance sheet. 1) Corporate Venture Capital. 4) Accelerators.

Startup 114

Startup Technical Support Venture Capital Balance Sheet 114

VC Cafe

SEPTEMBER 5, 2024

Example: Emerging managers handle everything from deal sourcing to LP communications to social media in-house. Build Unique Networks Emerging managers create their own communities instead of relying on established circles. They often focus on niche sectors or geographies to build expertise and networks. Riches in Niches.

Management 103

Management Technical Review Venture Capital Generative AI 103

View from Seed

OCTOBER 29, 2014

This post was originally published on the personal blog of NextView founding partner Lee Hower. Most of the dollars a VC firm invests come from outside limited partner investors (LPs). Advisory can mean a great many things in the VC LP world — there are lots of flavors of “advisory” firms.

LP 335

LP Private Equity Institutional Investors Venture Capital 335

Agile VC

OCTOBER 29, 2014

Most of the dollars a VC firm invests come from outside limited partner investors (LPs). The actual partners of a VC firm (GPs) will typically invest a minimum of 1% of the total size of their fund,* though frequently this percentage is substantially higher (especially in many of the best funds). Advisory Firms.

Venture Capital 279

Venture Capital LP Private Equity Institutional Investors 279

David Teten

APRIL 13, 2021

Here lies the two degrees of separation: the agent must get to the IC, who in turn must get to the LP. Placement agents have to offer their investor network a range of funds to support themselves. Typically less helpful for LPs to talk with intermediaries. . Limited partner checklist for evaluating funds.

Private Equity 60

Private Equity Technical Review Management LP 60

David Teten

JANUARY 21, 2021

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. In addition to a fund, the overall Capacity organization provides direct mentorship, consulting and connects founders to a broad network of talent, diverse forms of capital, and existing resources focused on the post-startup stage of growth.

Equity 78

Equity Revenue Cofounder Colorado 78

David Teten

JANUARY 19, 2021

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. Similar to the explosion of seed funds in the past decade, we (and some limited partners too ) believe these Flexible VCs are on the forefront of what will become a major segment of the venture ecosystem. Of the Inc. 5000 companies, only 6.5% return cap.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

David Teten

SEPTEMBER 23, 2017

PEVCTech is partnering with Blue Future Partners to run the first large-scale survey of VCs’ technology stack. Johann Kratzer of Blue Future Partners , a fund of funds, observed, “The majority of the hundreds of funds we’ve diligenced rely predominantly on their relationships to source deals. Greylock Partners.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

David Teten

DECEMBER 12, 2017

(written by Philipp von dem Knesebeck , Managing Partner, Blue Future Partners (bluefp.com, @bluefutureteam ), and David Teten ). Based on this paper, Blue Future Partners and PEVCTech recently completed a large-scale survey to find out which tools are most commonly used by venture capital firms.

Early Stage 60

Early Stage Technical Review Software Review Venture Capital 60

BeyondVC

JUNE 29, 2005

I am not sure how many entrepreneurs understand the structure of venture capital funds but the bottom line is that while VCs manage funds, we ultimately report to our investors or Limited Partners (LPs). It is not our money, and we have a fiduciary responsibility to manage it properly and generate the returns our LPs expect of us.

LP 78

LP Private Equity Due Diligence Venture Capital 78

View from Seed

MAY 29, 2019

They are also increasingly focused on “leading” rounds, because funds that are institutionalizing get LP pressure around whether or not they lead. In this case, you lose out on the breadth of support from your investors in both their network and their dollars.

Syndicate 267

Syndicate Syndication Cofounder Cap Table 267

Feld Thoughts

DECEMBER 12, 2019

My partners at Foundry Group have decided to bring the Helium Network to Boulder. We’ve ordered 50 hotspots and, with your help, will set up a LongFi network throughout Boulder. As an LP in USV, we are small indirect investors. As an LP in USV, we are small indirect investors.

Networking 92

Networking LP Restful Internet 92

Both Sides of the Table

SEPTEMBER 14, 2016

We capped our fund size so that we would stay true to our investment strategy in terms of size, scope and number of partners as we stood in 2014 when we raised the fund. She has formerly worked at a VC fund (DFJ) and worked closely with the partners and the network at DFJ and knew what it was like to build, manage and evolve a VC partnership.

LP 150

LP Entrepreneur United States Venture Capital 150

The Equity Kicker

NOVEMBER 26, 2013

LPs, the investors in VC funds, have a difficult job to do, largely because they have to work with poor quality data and only a small fraction of VCs deliver the returns that make them worth investing in. Discipline also helps to keeps a venture fund’s loss ratio low which is important as they are ultimately stewards of LP investment funding.”

LP 154

LP Venture Capital Portfolio Reputation 154

Both Sides of the Table

FEBRUARY 6, 2019

Yes, VC / Startup Funding is up Massively If you look at how much VC firms have raised from Limited Partners (LPs) over the past 2 decades you’ll see that we’ve returned to a level that we haven’t seen since 1999. If you want the whole deck you can find it on SlideShare but I’ve written up a short summary with commentary below.

Venture Capital 292

Venture Capital IPO Mezzanine Early Stage 292

BeyondVC

JUNE 29, 2005

I am not sure how many entrepreneurs understand the structure of venture capital funds but the bottom line is that while VCs manage funds, we ultimately report to our investors or Limited Partners (LPs). It is not our money, and we have a fiduciary responsibility to manage it properly and generate the returns our LPs expect of us.

LP 60

LP Private Equity Due Diligence Venture Capital 60

Agile VC

JULY 19, 2012

This is true not only in a firm’s dealings with entrepreneurs but also with it’s limited partners and even within the firm among its partners. Back in the 2000-2001 timeframe, a flood of LP capital was coming into the VC asset class given the strong returns of the mid-late 90s tech boom/bubble.

Cofounder 193

Cofounder Limited Partner Early Stage LP 193

Version One Ventures

JULY 31, 2018

As a result, we are now a strong partnership of two… and while we have the capacity to do more deals with two partners, we also recognize that we could use some support. Reporting for our investors, including writing quarterly updates and preparing LP advisory board meetings. What are we looking for?

Hiring 166

Hiring San Francisco Advisory Board Due Diligence 166

Hunter Walker

MAY 22, 2024

2024 Lisa hires two more partners into Screendoor – Layne Johnson and Jamie Rhode. All three have significant experience backing venture firms from previous LP positions. And if you’re an LP who would like to learn more as we expand our efforts, we welcome you to share your info so we can chat! Get out there and win.

LP 109

LP Venture Capital Hiring Partner 109

This is going to be BIG.

SEPTEMBER 19, 2012

While my company may not have lasted, and even though I swore to myself that I wouldn't do another startup--this recently launched new venture is moving forward with the help of some fantastic partners. million of limited partner commitments--a huge and exciting first step.

LP 112

LP New York City New York Chad 112

Version One Ventures

OCTOBER 17, 2018

It’s an exciting time to be launching a new fund as our focus on network effects and broad geography are driving opportunities in both existing and emerging markets. We invest in companies and platforms that leverage network effects. With Angela’s promotion to General Partner , we now have investment partners located in both the U.S.

Silicon Valley 126

Silicon Valley North America San Francisco LP 126

Haystack

JUNE 1, 2018

Perhaps because of this success and the unique elbow grease they supply to their portfolio, it was shocking to many to see that one of the storied seed franchises would contract, become its own sole LP, and scale back its operations. Yet for many, it didn’t come as a surprise.

LP 116

LP Global Social Media Portfolio 116

This is going to be BIG.

JUNE 20, 2024

On the other hand, I feel things are a lot more predictable on the fund side—and that getting limited partners for your fund or syndicate is a lot more grounded in something that resembles logic. Some investors do that through the use of syndicates—which is why I’m super psyched to be working with Sydecar on a VC coaching giveaway.

Deal Flow 147

Deal Flow Syndicate Syndication Cap Table 147

VC Cafe

JULY 6, 2010

As a part of the round Rina Shainski, General Partner of Carmel Ventures joined company’s board. May 25, 2010 - ZeRTO , an Israeli startup developing cloud computing services announced that it has raised a first round of $6 million from Battery Ventures and existing investor Greylock Partners. 27/05/2010 - Multiphy Networks Ltd.

Israel 98

Israel Private Equity Venture Capital Equity 98

VC Cafe

JULY 6, 2010

As a part of the round Rina Shainski, General Partner of Carmel Ventures joined company’s board. May 25, 2010 - ZeRTO , an Israeli startup developing cloud computing services announced that it has raised a first round of $6 million from Battery Ventures and existing investor Greylock Partners. 27/05/2010 - Multiphy Networks Ltd.

Israel 98

Israel Private Equity Venture Capital Equity 98

Hunter Walker

SEPTEMBER 9, 2024

And it’s often to the detriment of everyone involved, but especially to the detriment of founders and LPs. I’ve been a personal LP in every one of Ryan’s funds and part of what has always impressed me is his understanding of these tradeoffs in strategies and incentives.] Others won’t.

Venture Capital 102

Venture Capital LP Cofounder Early Stage 102

Both Sides of the Table

FEBRUARY 24, 2019

you can build that with your personal peer network. While it’s true that they are investing LP money from a fund, it’s also true that the VCs are required to write large checks into their funds so every time they do a “capital call” (request money from an LP to fund you) they are also having to wire their own money into the deal.

Warrant 187

Warrant LP Cofounder Founder 187

This is going to be BIG.

MARCH 14, 2019

If you’re not actually modeling this out with a spreadsheet, I don’t know how you can look an LP in the face and say this. How long is your partner meeting going to be? Because I had previously met Jack Dorsey through the Union Square Ventures network, in 2009 I was able to grab coffee with him before he launched Square.

LP 99

LP Due Diligence Distribution Portfolio 99

VC Adventure

OCTOBER 12, 2011

I recently waked into a pitch meeting for a social networking related business and was surprised by what I saw. I had interacted with the entrepreneur over email – taking a look at the initial business plan and setting up the meeting – but we hadn’t met in person before.

LP 90

LP Venture Capital Early Stage Social Network 90

VC Cafe

FEBRUARY 1, 2011

and Vincenzo Morelli (Partner – TPG Capital and Chairman of European Private Equity Roundtable). and Vincenzo Morelli (Partner – TPG Capital and Chairman of European Private Equity Roundtable). Time: 8am- 6pm, with networking drinks reception following. VC Cafe is proud to be a media partner.

Private Equity 79

Private Equity Equity LP Limited Partner 79

Both Sides of the Table

MARCH 30, 2016

Mark dutifully went to partner meetings, back-channel references began, firms started calling existing VCs to “test prices” and we started debating whom our best partner would be. Many VC firms expressed interest, nearly every one took a meeting and several called Mark and the team back for meetings.

Balance Sheet 150

Balance Sheet Burn Rate Valuation Forecast 150

This is going to be BIG.

DECEMBER 3, 2020

The partner at the fund, the VC, gets to do the fun part—the meeting with founders, vetting deals, negotiating, helping, etc. Access to the partner. If you’ve put money into a fund, I think it’s reasonable to expect that partner to check out the deal flow that you find on your own, and let you know what they think.

Portfolio 103

Portfolio Syndicate Syndication Deal Flow 103

Feld Thoughts

AUGUST 6, 2018

In it, he talked about his own experience expanding his investment horizons beyond the bay area, but also mentioned some other folks, including us and USV, where he did a quick analysis of the location of our partner funds. Hopefully, we will continue to help develop and expand existing and new startup communities.

North Dakota 70

North Dakota Southern California San Diego Indianapolis 70

VC Cafe

APRIL 9, 2010

Benchmark Capital and existing investors including Mangrove Capital Partners and Bessemer Venture Partners funded the round for future product development, likely for iPad related Flash content (more here ). Canaan Partners; Greylock Partners; Siemens Venture Capital GmbH; Warburg Pincus LLC;Wellington Partners Venture Capital GmbH.

Israel 68

Israel Venture Capital LLC LP 68

Babbling VC

NOVEMBER 7, 2011

Each partner has to bring something to the table and is preferably complimentary to weaknesses of his or her partners. International network: even if you are focused on one region, your network has to be global and extensive enough that you can be a channel for M&A. One of the partners has to be a techy.

LP 66

LP Salary Partner Portfolio 66

The Equity Kicker

JULY 8, 2019

From around 2000, and perhaps coinciding with the need to work harder to win deals as opportunities dried up after the internet bubble burst, individual partners at VC firms began adding ‘helping CEOs win’ to their job descriptions. . Value add strategies make partners at VC firms more personally effective. Building platforms.

Portfolio 84

Portfolio LP Venture Capital Partner 84

David Teten

JULY 12, 2017

First, a formal definition: According to Capital Dynamics , “Co-investments are direct investments in a company made alongside and on the same terms as a lead [General Partner]. We see our potential coinvestors in four primary buckets: 1) HOF Capital ’s own limited partners. 2) Investors with very specific value-add. Economic benefit.

Syndication 60

Syndication Syndicate Institutional Investors LP 60