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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

The market was down considerably with public valuations down 53ā€“79% across the four sectors we were reviewing (it is since down even further). ==> Aside, we also have a NEW LA-based partner Iā€™m thrilled to announce: Nick Kim. First in late-stage tech companies and then it will filter back to Growth and then A and ultimately Seed Rounds.

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Why Has Seed Investing Declined? And What Does this Mean for the Future?

Both Sides of the Table

Seed investments are down by any measure (funds, deals, dollars) over the past 3 years in deals < $1 million AND in deals between $1ā€“5 million. The reality is that as a result of two major trends the costs of starting a technology startup went down massively. So What Impact Did the Drop in Tech Founding Costs Have on VC?

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How long can Zuckerberg afford to bankroll the AR/VR market?

TechCrunch LA

Hello friends, and welcome back to Week in Review ! This writeup from industry analyst Karl Guttag showcases how Magic Leap has turned away from several of the key technologies it raised billions of dollars to develop with its latest hardware which he nevertheless believes will “blow away” the HoloLens 2 in image quality.

Marketing 246
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8 Keys To That First Investment From People You Know

Startup Professionals Musings

In fact, most investors ā€œrequireā€ that you already have some investment from friends and family before they will even step up to the plate. You see, investors invest in people, before they invest in ideas or products. If they wonā€™t do it, they why would I as stranger invest in you?

Invest 135
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How Do I Feel About the Snap IPO Given I Didnā€™t Invest?

Both Sides of the Table

Every tech or major news journal in the country is preparing to write their Snap, Inc (creators of Snapchat, Spectacles, etc) stories and many of them seem to want a ā€œHow does it feel to have missed this investment story.ā€ But local VCs donā€™t deserve to get beat up for not investing. Mostly kidding.

Snapchat 214
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Venture investors and startup execs say they donā€™t need Elizabeth Warren to defend them from big tech

TechCrunch LA

Responding to Elizabeth Warren’s call to regulate and break up some of the nation’s largest technology companies, the venture capitalists that invest in technology companies are advising the presidential hopeful to move slowly and not break anything. This too shall pass.” — Balaji S. . ” .

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Startups have about $1 trillion worth of reasons to love the Biden infrastructure plan

TechCrunch LA

The sweeping infrastructure package put forward today by President Joe Biden comes with a price tag of roughly $2 trillion (and hefty tax hikes) but gives startups and the broader tech industry about $1 trillion worth of reasons to support it. ” Climate resiliency . Given the steady drumbeat of climate disasters that hit the U.S.

Startup 229