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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

But it will be patiently deployed, waiting for a cohort of founders who aren’t artificially clinging to 2021 valuation metrics. million, our Seed Funds mostly between $200–300 million and have delivered median ownerships of ~20% from the first check we write into a startup. By 2021 we had to write a $3.5m

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Netflix employees stage a trans solidarity walkout, pose list of demands

TechCrunch LA

At the same time, Los Angeles-based trans activist Ashlee Marie Preston hosted a rally in solidarity with Netflix workers participating in the walkout. But Sarandos doubled down on his defense of the special, writing an internal email that “content on screen doesn’t directly translate to real-world harm.”

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The Changing Venture Landscape

Both Sides of the Table

I’m over-paying for every check I write into the VC ecosystem and valuations are being pushed up to absurd levels and many of these valuations and companies won’t hold in the long term. If you’re going to play in the big leagues you need to be writing checks from a $700 million?—?$1 Are we in a bubble?” By definition?—?I’m of the fund.

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8 Tasks To Prepare You For Starting Your Own Business

Startup Professionals Musings

Based on my own experience as a mentor and angel investor, I find that as many as ninety percent of startups fail in the first five years, despite their best efforts. Define key metrics to measure progress and success. Use comparable metrics for managing team member results. Do a written business plan to validate your thinking.

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Counting Angels

Steve Reich

How many Angels do you want in your cap table? Mark Suster wrote a great piece in July giving his answer: “If all else fails, angel-load away! If you can’t raise from a few strong angels, from seed funds or from a VC then raising from a ton (let’s say 20+) angels is a perfectly acceptable strategy. The bad news?

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Why You’re Not Getting the Most out of Your Board

Both Sides of the Table

Every time I think to write a post about this I figure the most recent board meeting I’ve attended will think it’s about them so I don’t bother. So I’m going to write a series of board meetings posts unrelated to anybody or maybe an amalgamation of them all. I have much more to say on the topic.

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Timing and why we’re all VCs

TechCrunch LA

Start writing down predictions about people, companies, and markets. We get at least a dozen at the TC offices every week, which is why we write about books so often around here these days. Startups either get three dozen term sheets or none at all, since every firm is walking around with the same frameworks and metrics in their head.