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.

Syndicate 48

Syndicate Syndication Technical Review Due Diligence 48

View from Seed

APRIL 14, 2020

I think you’ll also see more intentional syndication of seed and series A rounds with like-minded co-investors teaming up together and splitting rounds more intentionally. But the risk to founders is that these investors may not be very committed partners and might quickly disengage if things go sideways.

Early Stage 374

Early Stage Software Review Technical Review Due Diligence 374

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

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.

North America 120

North America Seed Stage Early Stage Lead Investor 120

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. Perhaps you run a widely syndicated startup newsletter where the best companies have been subscribers for years.

Deal Flow 147

Deal Flow Syndicate Syndication Cap Table 147

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

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.

Syndicate 60

Syndicate Syndication Institutional Investors LP 60

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?

Syndicate 267

Syndicate Syndication Cofounder Cap Table 267

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 100

Syndicate Syndication South America Cap Table 100

Startup Professionals Musings

OCTOBER 8, 2023

Groups of angels may syndicate multiple individual amounts, but if your total request exceeds $1 million, you need to focus on the venture capital alternatives. Look to grants and strategic partners for seed funding. They prefer local opportunities where they can meet and work face-to-face with your team.

Accredited Investor 265

Accredited Investor Venture Capital Syndicate Syndication 265

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 125

Syndicate Syndication Hiring Cofounder 125

View from Seed

JANUARY 13, 2021

In turn, some funds have a more friendly posture towards us and try to structure deals that incentive syndicate investors in a way that doesn’t massively disadvantage the seed investors. We help surface seed companies to them and typically don’t compete against them for new rounds or for follow-on dollars.

Dilution 399

Dilution Later Stage Portfolio Technical Review 399

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 84

Lead Generation Networking PR B2B 84

Startup Professionals Musings

MAY 21, 2023

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 266

Equity Startup Small Business Administration SBA 266

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

Agile VC

DECEMBER 13, 2011

My partners and I would be thrilled to support this founder in general, but we don’t have enough conviction about the market opportunity he and his co-founders are pursuing to proceed with an investment. My partners and I at NextView know we’ll be wrong a decent chunk of the time, especially as seed stage investors.

Seed Stage 185

Seed Stage Silicon Valley Cofounder Technical Review 185

Both Sides of the Table

OCTOBER 15, 2014

When he had his prototype solution for DataSift and had secured re-syndication rights (the rights to resell Twitter data – which only 3 companies ever had) I knew I wanted to work with him. He travelled tirelessly to clients, data partners and to the UK to make sure the global organization was synchronized. Shaping an industry.

Founder 309

Founder CTO Hire Silicon Valley Leadership 309

VC Cafe

JANUARY 24, 2021

In a world without cookies, we’ll see smart alternatives to targeting that avoid cookies altogether: contextual targeting, time-based targeting, and using syndicated and custom audiences, according to the 2021 media trends and predictions by Kantar.

Technical Review 207

Technical Review Audio Forecast Social Media 207

Agile VC

JULY 11, 2012

Some disgruntled younger partners left to go start a new firm in 1965 called Greylock. Some disgruntled younger partners left in the 90s to form what is now Redpoint Ventures (IT team) and Versant Ventures (healthcare team). Big success was Digital Equipment Corporation (DEC), in which ARD invested about $2.1M

Silicon Valley 240

Silicon Valley Carried Interest Cofounder Boston 240

David Teten

JANUARY 11, 2020

They’re taking a $1m check from me, or giving $5m to me as a limited partner. Other coinvestors: Limited partners, other VCs who are coinvestors, private equity funds which are potential growth-stage investors, etc. Jourdan Urbach, Managing Partner of Brandt & Co. Kevin has written over 620 syndicated columns).

Social Media 60

Social Media Technical Review Media Private Equity 60

David Teten

SEPTEMBER 6, 2018

Just as with any company, the most important issue is the team; see “ How to Negotiate a Partner Role at a Venture Capital or Private Equity Firm “ . See my summary on how lead investors think about building out their syndicate. . Another critical design consideration is your tech stack. 5) Manage deal flow.

Technical Review 60

Technical Review Private Equity Management Cap Table 60

David Teten

SEPTEMBER 6, 2018

Just as with any company, the most important issue is the team; see “ How to Negotiate a Partner Role at a Venture Capital or Private Equity Firm “ . See my summary on how lead investors think about building out their syndicate. . Another critical design consideration is your tech stack. 5) Manage deal flow.

Technical Review 60

Technical Review Private Equity Management Cap Table 60

Agile VC

JANUARY 4, 2012

All of us at NextView are psyched to support the company into it’s next phases of growth along with the rest of the investor syndicate. How to Evaluate Firms for a Seed VC Syndicate 10 July 2012, 5:13 pm What A VC Orders for Breakfast Says 27 June 2012, 10:16 am To Leave or Not to Leave as Your Startup Grows 12 June 2012, 12:21 pm.

Community 100

Community Estonia Syndicate Syndication 100

Startup Professionals Musings

JANUARY 27, 2021

Groups of angels may syndicate multiple individual amounts, but if your total request exceeds $1 million, you need to focus on the venture capital alternatives. Look to grants and strategic partners for seed funding. They prefer local opportunities where they can meet and work face-to-face with your team.

Search 317

Search Accredited Investor Angel Investor Venture Capital 317

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

View from Seed

AUGUST 30, 2019

One of the key conversations that happens during NextView’s evaluation of an investment is the “debrief” after the partner meeting , where the entire partnership gets the opportunity to interact with the founding team and dive deeper into the business. . how much the company is raising, valuation expectations, round/syndicate dynamics, etc.).

Pre-Money Valuation 174

Pre-Money Valuation Syndicate Syndication Valuation 174

View from Seed

NOVEMBER 5, 2019

Earlier this year, my partners and I at NextView invested in Boston-based Marlo to help address this work meeting suckiness. The various scenario permutations go on and on, but the consistent theme runs throughout that people don’t like to be stuck in meetings. Meetings take people away from doing real work.

Seed Capital 222

Seed Capital Syndicate Syndication .Net 222

View from Seed

JUNE 10, 2020

But the emphasis of our program is the direct one-on-one interaction with NextView partners to help push the company forward. The partners at NextView hold sessions more than once per week to push the participants’ thinking and actions to strive towards making significant advances finding true-product market fit.

Cofounder 177

Cofounder Syndicate Syndication Alabama 177

View from Seed

MAY 3, 2022

Today’s announcement welcomes other investors to the syndicate, Asymmetric Capital Partners and Tectonic, along with continued participation from us at NextView, Afore, Interlace, Alante Capital, and 1517.

Syndicate 156

Syndicate Syndication IPO Matching 156

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

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

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

Both Sides of the Table

FEBRUARY 25, 2010

We were trying to optimize around a few criteria: price, size of round, number of syndicate partners and, of course, terms. If they missed 2 deadlines (they always miss the deadlines – sometimes their fault, sometimes the clients) then I was straight on the phone with my negotiation partner to ask him/her to push the lawyer.

Technical Review 301

Technical Review Term Sheet Due Diligence Venture Capital 301

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 CPA Entrepreneur 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 Syndicate Syndication Bandwidth 78

Rob Go

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.

North America 36

North America Seed Stage Early Stage Lead Investor 36

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