Both Sides of the Table

OCTOBER 1, 2009

In the first post in this three part series I described why I believe the VC market froze between September 2008 – April 2009. I’m not a doomsday guy, but just believe that we won’t see a V shaped recovery, which could make VC funding more difficult for tech start-ups (don’t shoot the messenger!).

Venture Capital 269

Venture Capital Startup Funding Technical Review 269

SoCal Tech Calendar

JUNE 13, 2009

Friday, June 19, 2009 -- TechAmerica LA Presents: Corporte Financial Executive Breakfast Series. The State of Venture Capital Investing: are the VC's investing? What are the current hot industries for VC funding? What is the trend of terms and valuations for recent deals?" See [link] (more).

Venture Capital 100

Venture Capital Invest Capital Funding 100

SoCal Tech Calendar

JULY 11, 2009

Friday, July 17, 2009 -- Monthly Financial Executive Forum. The State of Venture Capital Investing: are the VC's investing? What are the current hot industries for VC funding? TechAmerica. Senior Financial Executive Roundtable Breakfast Series. What is the trend of terms and valuations for recent deals?"

Venture Capital 100

Venture Capital Invest Capital Funding 100

Both Sides of the Table

OCTOBER 21, 2009

On the third Wednesday of every month I co-chair a meeting called the SoCal VCA (venture capital alliance), which represents participants from all of the top venture capital firms in Southern California as well as prominent members of the Tech Coast Angels (TCA). 2009 has been the worst year for M&A in a decade.

Venture Capital 241

Venture Capital Technical Review Southern California Company 241

socalTECH

JULY 10, 2019

Providence Strategic Growth is the growth equity fund of Providence Equity Partners. Chatmeter is led by founder and CEO Collin Holmes, and was founded in 2009. Financial details of the investment were not announced. According to Chatmeter, the deal will help it accelerate its growth.

Equity 133

Equity Funding San Diego Invest 133

Both Sides of the Table

JUNE 5, 2015

” Today I want to talk about how a VC thinks about equity pricing on your round and particularly if you’re coming off of a convertible note. In the old days VCs funded off of a “pre-money” valuation. This was until about 2009 because most the investments in companies came from one, maybe two, sources.

Venture Capital 150

Venture Capital Pricing Startup Invest 150

Both Sides of the Table

OCTOBER 1, 2009

In my previous post, The VC Ice Age is Thawing (for now) I wrote about the reasons why the VC market came to a screeching halt in September 2008 and remained largely shut until at least April 2009. There are now signs the VC market has gathered pace meaning it’s a great time to be fund raising.

Venture Capital 255

Venture Capital Marketing Startup Social Network 255

SoCal Tech Calendar

SEPTEMBER 25, 2009

Thursday, October 1, 2009 -- The Venture Capital Process. In this half-day workshop, Peter Townshend from McDermott Will and Emery LLP and Ken Selzer from Finistere Ventures will provide you with actionable advice that will prepare you for raising capital from venture capital funds.

Venture Capital 100

Venture Capital Capital Funding 100

Both Sides of the Table

JUNE 18, 2010

To see the video of This Week in VC click on this link. What a pleasure that I got to spend an hour talking with both Om Malik (whom I’ve always respected his views) and Paul Jozefak , a venture capital partner at Neuhaus Partners in Germany (and formerly the head of Europe for SAP Ventures). 406 Ventures.

Venture Capital 225

Venture Capital Google Web Sites 225

socalTECH

JANUARY 22, 2010

The latest numbers from the MoneyTree Report from PricewaterhouseCoopers and the National Venture Capital Association (NVCA), based on data from Thomson Reuters, were released this morning, finding that there was $587.8M According to PwC/NVCA, investments in 2009 were at the lowest level since 1997, with only $17.7

Southern California 154

Southern California Venture Capital Invest Orange County 154

Both Sides of the Table

MAY 24, 2021

It has historically been the case that VCs would rather fund the promise of 100x in a company with almost no revenue than the reality of a company growing at 50% but doing $20+ million in sales. Imagine if, say, Autodesk had purchased it in 2009 for $100 million? The abundance of late-stage capital is good for us all.

Venture Capital 363

Venture Capital Capital Funding Startup 363

Both Sides of the Table

MAY 4, 2010

It was especially fun for me because we got the chance to talk about the VC industry and how entrepreneurs should think about the VC industry in addition to discussing deals. Clearstone currently invests out of a $200 million fund based in LA with offices in Menlo Park and in India. Segment Three: “VC Deals Funded this Week”.

Clearstone 236

Clearstone Venture Capital ReachLocal Google 236

Both Sides of the Table

SEPTEMBER 29, 2009

When venture capitalists scale back investing activities it can be very swift and leave many companies that are in the process of fund raising hung out to dry. Just ask anybody who was trying to close funding the fateful week of September 11, 2001 or even March 2000. Why did the VC markets freeze so quickly?

Venture Capital 263

Venture Capital Startup Funding Invest 263

Both Sides of the Table

MAY 19, 2010

Our guest this week on #TWiVC was Dana Settle , partner at Greycroft Partners , a venture capital firm with offices in New York and Los Angeles. Greycroft is an early-stage VC. Their first fund was a $75 million fund raised in 2006 and they very recently announced a brand new $130 million fund.

Venture Capital 240

Venture Capital Startup Platform Technical Review 240

SoCal Tech Calendar

JANUARY 21, 2009

Thursday, January 22, 2009 -- The Venture Capital Process. In this half-day workshop, Peter Townshend from McDermott Will and Emery LLP and Ken Selzer from Finistere Ventures will provide you with actionable advice that will prepare you for raising capital from venture capital funds.

Venture Capital 100

Venture Capital Capital Funding 100

SoCal Tech Calendar

JANUARY 16, 2009

Thursday, January 22, 2009 -- How to Fund Your Business When Venture Capital Has Said No. Capital - CASH -- is a key ingredient for any business. Venture funding isn't available to everyone, and-newsflash-isn't right for every company. See [link] (more).

Venture Capital 100

Venture Capital Technology Council TCOSC Capital 100

socalTECH

FEBRUARY 11, 2010

Long Beach-based Apriso , a developer of planning and control software for the manufacturing industry, reported Thursday that the firm had record revenues in 2009. Apriso is venture backed by Brentwood Venture Capital, CMEA Ventures, LogiSpring Investment Fund SA, SAP Ventures, and Wall Street Technology Partners.

Brentwood 124

Brentwood Software Review Long Beach Technical Review 124

socalTECH

APRIL 20, 2009

The latest venture capital numbers from both PricewaterhouseCoopers/NVCA based on data from Thomson Financial, and numbers also released over the weekend by Dow Jones VentureSource, finds that venture capital is at a twelve year low. in 54 venture capital deals, with Los Angeles reporting $115.6M

Venture Capital 100

Venture Capital Orange County Capital Southern California 100

socalTECH

NOVEMBER 2, 2011

Los Angeles-based venture capital firm GRP Partners is looking to raised $250M in its newest fund, GRP IV L.P., According to the filing, the fund is being managed by Steven Dietz, Brian McLoughlin, Yves Sisteron, and Mark Suster, and has just started fundraising efforts. GRP last closed on a fund--GRP III, L.P.

Gogii 162

Gogii GRP Partners Truecar Funding 162

Both Sides of the Table

OCTOBER 7, 2014

My view: “Spending any time or energy trying to game the ‘definition’ of your round of fund raising is a total waste. No VC will be so naive as not to see straight through it. When I first became a VC, seed rounds were typically $500k – $1.5 If you''re newer to VC math here''s a great primer].

Seed Funding 399

Seed Funding Venture Capital Startup Entrepreneur 399

SoCal CTO

FEBRUARY 4, 2009

Last month we Launched Los Angeles Tech and in the announcement we provide the Hot List for the first half of January 2009. Top for January 16, 2009 - January 31, 2009 Posts Are You Selling Online Yet? This hot list is based on various social signals of what people are writing about, reading, bookmarking, searching, etc.

Layoffs 159

Layoffs Woodland Hills Southern California Orange County 159

socalTECH

AUGUST 11, 2010

Los Angeles-based Growthink , a provider of business plan consulting, corporate branding, venture capital research, investment banking, and other services, has upped its funding to $3.1M, according to a regulatory filing by the firm this week. According to the filing, the funding is part of an ongoing $5.0M

Funding 145

Funding Venture Capital Research Invest 145

Both Sides of the Table

AUGUST 20, 2015

VC funding. We love capital efficiency until we love land grabs until we abhor over funding until we get huge payouts and ring the bell for more funding until we attract every non-VC on the planet to invest in startups until it crashes and we start the cycle all over again none the wiser. Same as I felt.

Funding 150

Funding Venture Capital Startup Marketing 150

socalTECH

JANUARY 22, 2010

The latest numbers from the MoneyTree Report from PricewaterhouseCoopers and the National Venture Capital Association (NVCA), based on data from Thomson Reuters, were released this morning, finding that there was $587.8M According to PwC/NVCA, investments in 2009 were at the lowest level since 1997, with only $17.7

Southern California 113

Southern California Invest Venture Capital Orange County 113

Both Sides of the Table

MARCH 24, 2014

As a result I didn’t write my first venture capital check until March 2009 – exactly 5 years ago. That company was Invoca, which just announced a $20 million fund raise led by Accel. In 2010 somebody posed the question on Quora, “Is Mark Suster a Successful Venture Capitalist?”

Venture Capital 387

Venture Capital Downey Writing Press 387

socalTECH

MARCH 1, 2010

The Tech Coast Angels said today that the angel group invested in seven new deals, and seventeen follow-on deals in 2009, a total of $4.7M The group said that as part of those deals, its portfolio companies raised an additional $57M in funding from venture capital groups and other angel investors. in investments.

Tech Coast Angels 150

Tech Coast Angels Invest MyShape Angel 150

socalTECH

OCTOBER 9, 2019

There's a new opportunity in clean technology investments, according to venture capitalist Aaron Fyke , the head of a new, Pasadena-based venture capital investment fund, Thin Line Capital (www.thinlinecapital.com). Talk about the new firm and the new fund? Lots has changed since 2009.

Invest 113

Invest Capital Venture Capital Idealab 113

socalTECH

APRIL 26, 2011

News of the demise of Los Angeles venture capital fund The Mailroom Fund , the joint venture capital effort of Accel Partners, Venrock, the William Morris Agency and AT&T, is finally trickling out. Fund co-founder Paul Bricault recently surfaced at Greycroft Partners.

Funding 133

Funding Report Southern California Venture Capital 133

socalTECH

AUGUST 11, 2010

ecoATM was the winner of a contest run by Coinstar in 2009 focused on finding innovative ideas for kiosks. The firm also was a winner at the San Diego Venture Group's annual Pitchfest last year. ecoATM has previously raised funding from Tao Venture Capital Partners, and is headed by Tom Tullie, former COO of AMCC.

Funding 150

Funding San Diego Venture Capital Invest 150

socalTECH

SEPTEMBER 15, 2010

San Diego-based Grid2Home , a developer of energy management software, said today that it has raised a seed round of funding. The funding was led by Granite Ventures. Financial details of the funding were not disclosed by the company. The company said it was founded in 2009 by Don Sturek and Mike Bourton.

Seed Funding 124

Seed Funding Funding San Diego Venture Capital 124

Both Sides of the Table

AUGUST 14, 2009

This is part of my ongoing series Pitching a VC. Very few people fund individuals. Quick caveats: having fewer investors (3-5) is better than many investors (10-15) and PLEASE make sure you hire a great lawyer who has experience in doing start-ups to avoid pitfalls that will make VC harder down the line. Team: You need a team.

Angel 291

Angel Funding Venture Capital Startup 291

Both Sides of the Table

MAY 25, 2013

But VC is like congress. “I don’t know the exact math, but I hear it again and again: the top 2% of firms generate 98% of the returns in venture capital.” As you can see from the chart their data suggests there are about $25 billion of VC distributions per year in the US. Their data looks at tech VCs.

Venture Capital 374

Venture Capital Entrepreneur Invest Funding 374

socalTECH

SEPTEMBER 1, 2010

San Diego-based Accumetrics , a developer of medical devices used to measure antiplatelet therapy, a technique used to prevent heart attack and stroke, said this morning that it has closed on a $24M funding round. Of that funding, $7M was raised recently, with the remainder having been received in the Fall of 2009.

Funding 140

Funding San Diego Venture Capital Capital 140

Both Sides of the Table

DECEMBER 14, 2014

I had witnessed a number of early-stage tech startups in LA raise seed capital from the Bay Area and relocate. It was 2009 and it was terribly difficult to get any financing (if you can remember a time like that!) Companies were getting funded more easily and many more companies were actually being created. So we went for it.

Venture Capital 290

Venture Capital Startup Idealab Funding 290

Both Sides of the Table

SEPTEMBER 22, 2012

He also nails the reason why venture capital is still necessary to grow large businesses quickly in a world where the costs of running startups have fallen dramatically. “Why do founders want to take the VCs’ money? .” After all, growth equals high valuations and loads of venture capital!

Startup 390

Startup Venture Capital Entrepreneur Technical Review 390

Both Sides of the Table

FEBRUARY 14, 2018

The idea is simple enough: several female VC partners at top funds will hold 1-hour meetings with 40 promising female entrepreneurs looking to get advice on their business and pitch in a friendly, non-judgmental, safe environment. 8% of VC partnerships, for example). Now 33% of Supreme Court Justices are women (vs.

Venture Capital 256

Venture Capital Examples Screening Help 256

InfoChachkie

NOVEMBER 23, 2015

VC's love to talk about their successes. Yet most VC's bury their failures under six feet of denial. In the startup world, the former happens when a VC makes a bad investment, and the latter occurs when they miss a great opportunity. In retrospect, our decision was both perfectly rational and completely lame. Unicornless.

Venture Capital 100

Venture Capital Technical Review Software Review Southern California 100