Both Sides of the Table

JULY 12, 2011

He and I once took different sides of an debate about whether “VC signaling&# in early-stage deals is a serious problem or not. So it was fun to turn the cameras on him for 45 minutes for a special “NY edition of This Week in VC&# and hearing his views. I’ve also found him to not be dogmatic either.

Technical Review 281

Technical Review Venture Capital Startup Artificial Inteligence 281

Both Sides of the Table

MAY 19, 2018

Or if you’re a VC raising from LPs you have to list all of your deals, your investment value, your carrying value, your multiples, your IRRs, TVPIs, DPIs, etc along with net cashflows plus your previous LPAs. So what does a VC do when he or she isn’t ready to say “no” or perhaps might like to talk with you in a year but not now?

Funding 336

Funding Venture Capital Startup Email 336

Startup Professionals Musings

AUGUST 5, 2023

I saw a good summary of the most effective ways to source prospective investors in a classic book, “ The Art of Startup Fundraising ,” by Alejandro Cremades, who has been there and done that, both as an entrepreneur and an investor. The right investor also changes as you move through the different startup stages.

Statistics 98

Statistics Entrepreneur Funding Social Media 98

Startup Professionals Musings

NOVEMBER 22, 2020

I saw a good summary of the most effective ways to source prospective investors in a classic book, “ The Art of Startup Fundraising ,” by Alejandro Cremades, who has been there and done that, both as an entrepreneur and an investor. The right investor also changes as you move through the different startup stages.

Funding 173

Funding Tips Startup Statistics 173

Startup Professionals Musings

OCTOBER 30, 2017

One of the most common complaints I hear from new business owners and startups is about the pain and difficulty raising capital. The “venture capital” model is the only option they know, where they feel they get no mercy, giving up equity and control. Document the investment types you are willing to consider.

Technical Review 88

Technical Review Equity Capital Entrepreneur 88

Startup Professionals Musings

JUNE 2, 2021

I like the summary of the competitive reality in a new book, “ Rethinking Competitive Advantage: New Rules for the Digital Age ,” by Ram Charan, who relates a wealth of current experience from global clients: Customers expect a personalized experience. These tolerate negative cash flows for growth.

Competition 142

Competition Software Review Social Media Customer 142

Both Sides of the Table

FEBRUARY 6, 2013

Quick summary: Be careful not to have too many co-founders. And you need to be careful about giving up control to cofounders as much as VCs. I don’t think VCs care as much about co-founders & economics as people think. Hire admin / office management after you raise a reasonable size VC round.

Startup 388

Startup Slides Outsource Development Sales 388

Startup Professionals Musings

AUGUST 21, 2020

I support their summary of the seven capital assets that are the core required to create a thriving entrepreneurial ecosystem, and produce real economic value for your startup and the rest of us: Intellectual capital – ideas, information, technologies. Financial capital – revenue, equity, debt, funding.

Resource 131

Resource Startup Capital Mentor 131

Both Sides of the Table

APRIL 25, 2011

This thinking is largely driven by the venture capital industry (and subsequently Wall Street) who are in search of high margin, highly scalable businesses. It’s nearly impossible to get a services company financed by VCs. Why Shouldn’t Most Services Businesses Raise VC? It may be the right answer for you.

Services 332

Services Venture Capital IP Startup 332

Both Sides of the Table

JUNE 29, 2011

Yesterday I wrote Part 1 of the series on the changes to the software industry over the past decade that has led to changes in the venture capital industry itself. If you don’t want to read that post, the summary is: Open source computing drove computing costs down 90%, which spurred innovation in technology. Funny, that.

Venture Capital 296

Venture Capital Capital Software Startup 296

Startup Professionals Musings

SEPTEMBER 26, 2015

Investors, on the other hand, look at the money figure, and even the equity, as the easy part. Here is a summary of the key terms to expect on the term sheet, or the contract between the founder and investor: Consideration given for the money invested. This is a loan with an option to convert to equity at a later date.

Demand 105

Demand Startup Equity Invest 105

Startup Professionals Musings

NOVEMBER 9, 2015

Yet many entrepreneurs rely on expensive outside services and outside money, rather than do the networking for a co-founder or two who have the right skills to work for equity. Here is a summary of the top four wrong reasons I see for looking for investors: A desire to start with an impressive infrastructure.

Startup 101

Startup Entrepreneur Equity Summary 101

Both Sides of the Table

MAY 9, 2011

So for anybody who reads my “This Week in VC&# transcripts but doesn’t watch the video – this one’s for you! Here is a quick summary of my POV: When you start a company a 50/50 partnership seems obvious. Give them a large sum of equity. I spoke at Stanford last year about starting a tech company.

Startup 393

Startup Equity Funding Summary 393

Both Sides of the Table

FEBRUARY 23, 2015

He wants a chance at changing life’s circumstances with building equity value that might free him and his family from the rat-race of 529 accounts, property taxes, summer-school tuitions and even spending some cash on aging parents. I often tell people in this scenario to focus on a VC “fixer upper.”

Technical Review 150

Technical Review Startup Venture Capital IP 150

Tech Zulu Event

MARCH 16, 2015

There’s plenty of capital out there, but there’s also a lot of competition for startup funding. According to Shayne, only 1 out of 1000 business plans might get VC funding. His best advice: take capital where you can get it. VCs (invest other people’s money by raising funds from institutional sources). Venture debt.

Startup 40

Startup Venture Capital Equity Funding 40

Startup Professionals Musings

AUGUST 13, 2018

Do your homework on opportunity, competitors, financial projections, funding required, and hook investors the first time you can with an executive summary and ten-slide pitch. Offer a realistic equity percentage to generate interest. They will be turned off by single-digit equity offers and loan requests with low return potential.

Startup 56

Startup Equity Funding Slides 56

Startup Professionals Musings

MARCH 11, 2016

Prepare an executive summary and investor presentation. Angel investors expect to review a short executive summary before booking time to hear an investor presentation or taking the time to analyze a full business plan. Investors are not interested in “me too” businesses.

Angel 65

Angel Startup Technical Review Social Media 65

InfoChachkie

JUNE 27, 2011

In particular, Marcia Brown’s 1947 retelling of the classic French folktale Stone Soup is a veritable playbook for how to start a venture. Plot Summary. Your child will also learn the value of a tangible representation of a venture. It is flattering to be asked to share your insights and VCs are as subject to flattery as anyone.

Entrepreneur 270

Entrepreneur Startup Venture Capital Resource 270

Both Sides of the Table

MARCH 31, 2012

I got an email recently from my friend & fellow VC, Jeff Bussgang from Flybridge Capital Partners in Boston. Sales people aren’t always motivated only by cash – especially in early-stage business you need to focus on equity because cash won’t be plentiful. In Summary.

Startup 319

Startup Sales Course Competition 319

Startup Professionals Musings

MAY 13, 2016

I saw a good summary of the most effective ways to source prospective investors in a new book, “ The Art of Startup Fundraising ,” by Alejandro Cremades, who has been there and done that, both as an entrepreneur and an investor. The right investor also changes as you move through the different startup stages.

Startup 61

Startup Entrepreneur Statistics Funding 61

Both Sides of the Table

APRIL 19, 2011

Or read the quick, informative summary below the image! What better than to have capital from somebody who has actually done it in the trenches? Matt’s commitment to re-investing in tech startups is reminiscent to this great Fred Wilson post of “recycling capital. &#. Here’s a summary of our interview.

Acquisition 304

Acquisition Startup Customer Custom 304

socalTECH

DECEMBER 1, 2008

In what looks to be a challenging funding climate for entrepreneurs, we thought it would be interesting to talk to one fund which is still making investments--Saban Ventures (www.saban.com)--a new, digital media focused venture capital fund located in Los Angeles. Richard Yen: Saban Ventures kicked off early this year.

Southern California 100

Southern California Media Venture Capital Invest 100

socalTECH

DECEMBER 1, 2008

In what looks to be a challenging funding climate for entrepreneurs, we thought it would be interesting to talk to one fund which is still making investments--Saban Ventures (www.saban.com)--a new, digital media focused venture capital fund located in Los Angeles. Richard Yen: Saban Ventures kicked off early this year.

Capital 100

Capital Southern California Media Venture Capital 100

Both Sides of the Table

MARCH 17, 2010

Funding is different – In Silicon Valley you have mega venture capital funds and many of them. Side note: LA seems to have had some success in mega deals led by private equity firms as evidenced by DemandMedia and Chris DeWolf’s latest company backed by more than $20 million in private equity.

Company 290

Company Companies Technology Startup 290

Both Sides of the Table

MARCH 3, 2013

Watch the 30-minute interview to hear why but summary notes below. Venture Capital. We spoke about the disruption of VC through crowd funding. He talked about a unique model where you don’t have to become liquid in venture capital and can target singles & doubles. I don’t believe it.

Venture Capital 403

Venture Capital Education Offshore Outsource Development 403

CEO Flow

MARCH 2, 2009

Bio summary: Aaron Ross is the founder of CEOFlow , which helps CEOs understand how to create predictable revenue, through guidance, groups and consulting. Session #1, for CEOs with VC investors or over $1m raised. Date & Time: Friday, March 13. 7:30a – 9:30a: CEOFlow working session.

Santa Monica 40

Santa Monica Los Angeles Finaventures Angel 40

CEO Flow

MARCH 2, 2009

Bio summary: Aaron Ross is the founder of CEOFlow , which helps CEOs understand how to create predictable revenue, through guidance, groups and consulting. Session #1, for CEOs with VC investors or over $1m raised. Date & Time: Friday, March 13. 7:30a – 9:30a: CEOFlow working session.

Santa Monica 40

Santa Monica Los Angeles Finaventures Angel 40

CEO Flow

MARCH 2, 2009

Bio summary: Aaron Ross is the founder of CEOFlow , which helps CEOs understand how to create predictable revenue, through guidance, groups and consulting. Session #1, for CEOs with VC investors or over $1m raised. Date & Time: Friday, March 13. 7:30a – 9:30a: CEOFlow working session.

Santa Monica 40

Santa Monica Los Angeles Finaventures Angel 40

CEO Flow

MARCH 2, 2009

Bio summary: Aaron Ross is the founder of CEOFlow , which helps CEOs understand how to create predictable revenue, through guidance, groups and consulting. Session #1, for CEOs with VC investors or over $1m raised. Date & Time: Friday, March 13. 7:30a - 9:30a: CEOFlow working session.

Santa Monica 40

Santa Monica Los Angeles Finaventures Angel 40

Both Sides of the Table

MARCH 6, 2011

I was saying that I was happy it was all out in the open because I felt at least everybody could now understand the issues & opportunities from the perspectives of angels, entrepreneurs and VCs. Let’s be clear: AngelList doesn’t scare a single VC I know. But it’s not cutting VCs out. It is additive.

Startup 292

Startup Venture Capital Blogging Summary 292

Both Sides of the Table

FEBRUARY 14, 2016

What is the True Sentiment of VCs? I recently survey more than 150 VC friends from all stages and geographies what they thought about the market by asking “Which of the following statements best describes your mood heading into 2016?” But not a VC or Bill Gurley or myself would have spooked it 2 years ago.

Startup 150

Startup Company Companies Venture Capital 150

Both Sides of the Table

FEBRUARY 23, 2010

and you’re ready for your big round of VC investment to come in. In summary I say that channels can be the lifeblood of startups. In a world where we all raise less money we need to find more capital efficient ways of going to market. Ink some deals with Salesforce.com, Intuit, Google, eBay, Verizon, etc. Nothing more.

Startup 293

Startup Sales Marketing Product 293

Both Sides of the Table

AUGUST 9, 2011

tl;dr summary. VCs were very active in this period. But I guess you could say the same about VC. Stock market declines would bring back dog days of VC. If you want a comprehensive summary of the industry in this era it’s worth a read: VC Ice Age Part 1 – What Happens When a Market Comes to a Standstill?

Marketing 305

Marketing Venture Capital Funding Technical Review 305