View from Seed

FEBRUARY 26, 2020

In previous blog posts I’ve written about the two main approaches to building a seed round syndicate – the subscription method (where an entrepreneur presets a structure with a convertible note or SAFE and recruits investors who subscribe to the round, all without a term-driving lead investor) and a term-driving lead investor approach.

Syndicate 257

Syndicate Syndication Lead Investor Venture Capital 257

VC Adventure

MAY 21, 2014

A few months ago AngelList announced Syndicates – enabling investors on AngelList to create fund-like groups of investors to invest together in AngelList companies (following a single lead investor). It’s a great idea and at Foundry we quickly decided it would be an interesting experiment to form our own syndicate.

Syndication 48

Syndication Syndicate Technical Review Due Diligence 48

View from Seed

SEPTEMBER 4, 2018

We are also seeing more investors try to be a part of syndicated A rounds for companies that are raising $5M or more and are really not what most would consider “seed” stage. As the venture capital industry has evolved, more and more seed investors are passing on traditionally “seed stage” startups because there isn’t enough traction.

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North America Seed Stage Early Stage Lead Investor 120

View from Seed

JUNE 11, 2019

At this point, founders find themselves in a luxurious situation of being able to build the best possible syndicate. It’s not necessary to nail down every element of your syndicate simultaneously. Building relationships with multiple partners at the firm. Get early commits to start generating momentum. So too few is not great.

Syndicate 202

Syndicate Syndication Seed Stage Lead Investor 202

David Teten

FEBRUARY 3, 2014

The venture capital industry is continuing its evolution from an upside-down pyramid (typically 3-10 Partners, plus some administrative support) to a traditional hierarchical pyramid. Summit Partners and TA Associates have leveraged their origination programs to move into later stage buyouts.

Private Equity 114

Private Equity Venture Capital Technical Review Equity 114

YoungUpstarts

JANUARY 21, 2014

And finally, in Darwinian fashion, competition for market share amongst the venture capitalists as a result of increased numbers of angel investment syndicates will clear the decks of the low-value add venture capital dollars. All of these attributes will effectively benefit the entrepreneurial community.

Entrepreneur 210

Entrepreneur Startup Non-Compete Balance Sheet 210

Genuine VC

JULY 10, 2012

Term-driving investor approach – An entrepreneur finds a lead (quasi-)institutional venture investor to price and set the structure/dynamics of the round, working together to bring in additional syndicate partners (either/both other funds and individual angels). larger check writers have a greater tendency to lead rounds).

Syndicate 207

Syndicate Syndication Seed Stage Portfolio 207

Gust

OCTOBER 20, 2011

Furthermore, angel groups frequently syndicate (co-invest) with neighboring angel organizations in an effort to help fill round of investment for local companies and assist members in diversifying their portfolios with investments in nearby regions. Marketing/Sales/Partners. Sales channels, sales and marketing partners.

Valuation 146

Valuation Pre-Money Valuation Intellectual Property Technical Review 146

Both Sides of the Table

JUNE 18, 2015

But one could easily feel the need to do 3-4 deals per year given the sheer magnitude of what is out there these days but for a focused VC (*some funds do many more investments / partner but invest more in syndicates with strong leads and that model works, too) that number is just not manageable.

Software Review 150

Software Review Turkey Portfolio Syndicate 150

This is going to be BIG.

AUGUST 25, 2010

They also couldn’t have asked for a better syndicate of investors. We met the next day, along with his partner, Jared Hecht. Personally, I’m incredibly psyched about the scope of the vision and feel very lucky to be working with such a promising young team. I knew Jared from his time at Tumblr.

Part-Time VPE 109

Part-Time VPE New York City SMS Syndication 109

ReadWriteStart

NOVEMBER 19, 2010

I have seen this criticism at various places where this recap is syndicated on a weekly basis, as well as in certain random forums on the internet. I believe he needs to find more partners to go to market through. What we have taken on is hard enough. We can do without the armchair slander. On to the roundtable recap. Rangrut.com.

Silicon Valley 114

Silicon Valley Startup Technical Review Early Stage 114

The Startup Magazine

JULY 25, 2021

In that situation, real estate syndication may be helpful. An Overview of Real Estate Syndication. There are lots of people who are asking, “what is real estate syndication, and how does this work?” Syndication refers to setting up a partnership among several investors. Pick Your Partners Carefully.

Syndicate 158

Syndicate Syndication Stock Forecast 158

Both Sides of the Table

JULY 7, 2015

All of my partners at Upfront do. I see emails from angel syndicates all the time for companies I hadn’t even given 2 seconds thought about investing and I get full info, pitch deck and info about the round size and timing. We fund 10-12 companies per year at Upfront where I’m a partner.

Cap Table 150

Cap Table Cofounder Silicon Valley Startup 150

Hearpreneur

NOVEMBER 27, 2019

Luckily I didn’t have to – a friend ended up texting me and my business partner, suggesting the name Codal. My business partner, Adam Hale, and I were both in Fort Wayne, Indiana when the company was founded. It’s code and portal combined, and it just took someone close to us to. understand what we were going for.

Naming 157

Naming Entrepreneur CPA Software Review 157

thebarefootvc

MAY 8, 2012

If there is an opportunity to bring in a syndicate partner that will add exponential value, it would be foolish to not include them. It is the downturns and bumps that separate the dedicated, long-term investors from passive ones — and entrepreneurs should keep this in mind as they build out their syndicates.

Venture Capital 78

Venture Capital Syndication Syndicate Bandwidth 78

mashable.com

MAY 9, 2011

He is a serial entrepreneur, internationally syndicated columnist, angel investor, public speaker and author of the best-selling book Never Get a “Real&# Job: How To Dump Your Boss, Build a Business and Not Go Broke. Have an account? Reproduction without explicit permission is prohibited.

CTO Hire 73

CTO Hire Fractional CTO CTO Technical Review 73

Steve Blank

JUNE 6, 2016

Evangelos Simoudis’ is the founder and managing director of Synapse Partners. His investing career started 15 years ago at Apax Partners and continued with Trident Capital. If you can’t hear the clip, click here. Evangelos : You need to be able to change people, you need to be able to put the right people in the right role.

Silicon Valley 120

Silicon Valley Entrepreneur Fractional CTO Analytics 120

View from Seed

AUGUST 26, 2015

And if you just want to learn about different types of angels and what motivates each, my partner David has written about that before here.). There are a lot of options to expand your deal sourcing, like AngelList, syndicates, angel groups, etc. A Primer on Angel Investing. Why Invest? Talk to people and get their POV.

Technical Review 120

Technical Review Angel Investor Software Review Silicon Valley 120

View from Seed

AUGUST 26, 2015

And if you just want to learn about different types of angels and what motivates each, my partner David has written about that before here.). There are a lot of options to expand your deal sourcing, like AngelList, syndicates, angel groups, etc. A Primer on Angel Investing. Why Invest? Talk to people and get their POV.

Technical Review 120

Technical Review Angel Investor Software Review Silicon Valley 120

Growthink Blog

OCTOBER 7, 2010

Get Satisfaction Inc. ( [link] ) raised $6 million led by Azure Capital Partners. million led by Greycroft Partners and BV Capital. It enables merchants to sell their products anywhere by syndicating goods to multiple marketplaces. Rypple ( [link] ) raised $7 million in a financing round led by Bridgescale Partners.

Azure 74

Azure Venture Capital Software Review Syndication 74

mashable.com

MAY 5, 2011

Partners W3 EDGE Concentric Sky Rackspace Intridea Dynect DNS Webtrends Global Syndication Partners ABCNews CNN Forbes Metro USAToday Yahoo ©2005-2011 Mashable, Inc. Have an account? Reproduction without explicit permission is prohibited.

Equity 74

Equity Engineer Technical Review Social Media 74

Brandanew

APRIL 22, 2016

As a Content Marketer, your content piece can be syndicated across all these top publisher sites, for a very nominal Cost-per-Click thereby increasing the reach of your post. It has signed some big names like Forbes, Newsweek, and Heavy.com onto its roster of publisher partners where content can be recommended. Content.ad. StackAdapt.

Advertising 100

Advertising Distribution Marketing New York City 100

Startup Professionals Musings

AUGUST 29, 2020

Negotiate an advance from a strategic partner or customer. These are professional investors, like Accel Partners , who invest institutional money in qualified startups, usually with a proven business model, ready to scale. Another common example is exchanging equity for legal and accounting support. Solicit venture capital investors.

Equity 436

Equity Small Business Administration SBA Syndicate 436

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

K9 Ventures

APRIL 27, 2011

I helped introduce the company to various angels and lead the effort to form a syndicate for their fund-raising round. In August/September 2009, the founders and I agreed to work together to raise a round of financing for the company. We pulled together about $600K of commitments and interest, for a $500K-target financing round.

Software Review 134

Software Review Technical Review IP Finance 134

Hunter Walker

NOVEMBER 20, 2013

So far most of the top funded AngelList Syndicates look, well, not surprising. Additionally, funds such as Foundry Group and Google Ventures have taken their own approaches – the former creating a separate early stage entity , the latter encouraging their seed stage partners to create standalone personal syndicates.

Syndicate 121

Syndicate Syndication South America Cap Table 121

Austin Startup

AUGUST 7, 2017

We’ll be bringing other entrepreneurs, mentors, investors and corporate partners with us. We’re fortunate to work with partners such as Booz Allen Hamilton, Daimler, Google, Merck, Walmart and The U.S. These are all potential customers and strategic partners for startups. Department of Defense.

Texas 97

Texas San Antonio Houston Dallas 97

VC Cafe

OCTOBER 7, 2010

Attenti’s two principal investors, Francisco Partners and the Israeli branch of the U.S. Attenti was initially founded as a software venture in 1990 by three ex-air force pilots, but after three years the partners decided that a change of business model was in order, and moved to hardware. Diversified U.S. in August 2010.

Israel 96

Israel United Kingdom Austria Global 96

Gust

JULY 12, 2012

It was organized by Diane Roberts of Xcell Partners and held at the StartupBaseCamp accelerator in Dublin. On May 2nd and 3rd, I led workshops for about thirty Estonian investors on syndication, due diligence, valuation and the post-investment relationship with entrepreneurs.

Community 121

Community Estonia Ireland Finland 121

Hunter Walker

APRIL 10, 2014

But he’s raised the largest syndicate on AngelList , turning himself effectively into a one-man fund for, if not the masses, at least the 270 people who have already committed nearly $3.4m AngelList syndicate has surprised some people, you’ve been angel investing for quite a while, right? penchina#syndicate.

Syndicate 134

Syndicate Syndication Hiring Cofounder 134

Austin Startup

NOVEMBER 7, 2011

Mass Relevance today announced that it has been selected by Twitter (blog post) as the first curation partner officially licensed to re-syndicate Twitter content.

Syndicate 85

Syndicate Syndication Partner Naming 85

Duct Tape Marketing

JUNE 6, 2024

Josh Elledge is a keynote speaker, writes a syndicated newspaper column to 1.1 He's also got another, I don't know, can we call this side project savings angel.com, which has grossed more than 6 million in sales with zero paid ads, and he is a keynote speaker, a syndicated newspaper column to 1.1 So Josh, welcome to the show.

Lead Generation 91

Lead Generation Networking PR B2B 91

Genuine VC

FEBRUARY 12, 2012

PROS: Industry-insider who serves as a validator for the rest of the investment syndicate, extremely helpful advice and network connections. Having someone who the entrepreneur(ial team) has worked with before can be a good validator to other syndicate investors and future investors that they all work well together.

Angel Investor 257

Angel Investor Syndication Syndicate Early Stage 257

VC Cafe

FEBRUARY 6, 2011

Jussi Laakkonen , CEO & founder of Applifie, summarized it well: We recently raised our seed round at Applifier and it was led by a silicon valley seed fund MHS Capital, whose general partner is Mark Sugarman. Use your network #2: approach a corporate financier who advised a company we recently partnered.

Silicon Valley 104

Silicon Valley Startup Seed Stage Delaware 104

View from Seed

APRIL 30, 2015

Use good judgment, talk to your co-founders/investors/lawyers, and partner with a bank that values transparency and relationships such as SVB.]. And it’s that important because all companies will go through good times and tough times, and we’ll want to make sure we’ve got the right partner on the other side.

Term Sheet 120

Term Sheet Equity Startup Seed Stage 120

mashable.com

FEBRUARY 15, 2012

Top From Our Partners. Global Syndication Partners. This script tag will cause the Brightcove Players defined above it to be created as soon as the line is read by the browser. If you wish to have the player instantiated only after the rest of the HTML is processed and the page load is complete, remove the line. -->.

Social Media 108

Social Media Analytics Media API 108

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