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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 53–79% across the four sectors we were reviewing (it is since down even further). ==> Aside, we also have a NEW LA-based partner I’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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Reflections on 2018: Peter Cowen, Sutton Capital Partners

socalTECH

During the holiday season, our tradition over the last few years has been to post reflections on the past year and some predictions from Southern California's technology industry. More in-person contact is one of my 2019 goals. We continue to focus on companies with Recurring Revenue (SaaS, Subcription) and in FinTech.

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GrubMarket raises $60M as food delivery stays center stage

TechCrunch LA

Companies that have leveraged technology to make the procurement and delivery of food more accessible to more people have been seeing a big surge of business this year, as millions of consumers are encouraged (or outright mandated, due to Covid-19) to socially distance or want to avoid the crowds of physical shopping and eating excursions.

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Praying to the God of Valuation

Both Sides of the Table

Sure, we built SaaS products before the term even existed but at 31 it was hard to delineate reality from what all of the monied people around us were telling us what we were worth. Almost no financings, many VCs and tech startups cratered for the second time in less than a decade following the dot com bursting. Until we weren’t.