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How the Seed-Stage VC Trend Began, The Downsides of Unicorns & Much More

Both Sides of the Table

Let me take you back just 10 years ago to 2005 in Silicon Valley where I returned after 11 years of living in Europe. At the time almost nobody had heard of the following funds: FirstRound Capital, TrueVentures, Floodgate and SoftTech. I was out to raise my first seed money in my second startup of $500,000.

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After 20 years: Updating the Berkus Method of valuation

Berkonomics

So how do you use financial projections as valuation metrics when you know the odds of those being accurate predictors of the future are so very unreliable? There is a universal truth: fewer than one in a thousand start-ups meet or exceed their projected revenues in the periods planned.

Startup 120
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Top 29 Startup Posts May 2010

SoCal CTO

Draw Your Ideas - A VC : Venture Capital and Technology , May 16, 2010 I saw Jack Dorsey give this talk at The 99% Conference last month. The Yin and Yang of Product and Engineering - A VC : Venture Capital and Technology , May 22, 2010 For a tech company, product and engineering are the heart and soul of the business. Tesla is not.

Startup 248
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It’s Morning in Venture Capital

Both Sides of the Table

Many observers of the venture capital industry have questioned whether its best days are behind it. Looking ahead at the next decade I am excited by what I believe will be viewed as one of the best and most rational investment periods for venture capital due to seven discrete factors: 1. This article originally ran on PEHub.

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Interview with Brian Garrett, Crosscut Ventures

socalTECH

Los Angeles-based Crosscut Ventures (www.crosscutventures.com) is one of the newest venture capital funds in the area, and has quietly been working on funding local companies over the last year. In about 2005, I started looking at the local market, and realized that there are not lots of enterprise IT companies here, which is Palomar's focus.

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Interview with Cody Simms, Techstars LA

socalTECH

Those companies have raised more than $2 billion in follow on capital, and have a valuation of over $6.5 Cody Simms: Obviously, I live here in LA, and I have been since 2005. Sometimes entrepreneurs ask if we need certain metrics and traction�you don't. billion combined. Have you shown progress moving forward.

Startup 100
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Surveying SoCal's M&A Landscape, with David Siemer

socalTECH

For a similar company, with the same metrics and stage, valuations had been tiny. If you go back to 2005 and 2006 and look at a company which would have a $5M pre- then, it''s now $8 to $10M, all else equal. acquisition merger exits interview capital venture banking investment siemer david' That''s paramount to a great exit.