Remove Companies Remove Snapchat Remove Venture Capital Remove Writing
article thumbnail

Why Venture Capital is So Much More Compelling Now

Both Sides of the Table

It’s not hard to find people willing to write the narrative that “venture capital is not an asset class” or “venture capital has performed terribly.” That’s a shame because many of these people missed out on what will be a few great VC vintages. Thus is a key point.

article thumbnail

The Changing Structure of the VC Industry

Both Sides of the Table

There has been much discussion in the past few years of the changing structure of the venture capital industry. The rise of “micro VCs” or seed-stage funds. The rise of alternative sources of capital (crowd funding and the like). On the surface the narratives have been. Why is this?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What I Would Look for When Choosing a VC – Knowing What I Know Now?

Both Sides of the Table

Picking a VC is hard. So I thought I’d write about out with what I would look for in a VC knowing what I know now and why. Most VCs are book smart. VCs should be more of a coach than proscriptively telling you what to do. You want a VC who will spar with you but then STFU and let you get on with things.

article thumbnail

How Do I Feel About the Snap IPO Given I Didn’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 “How does it feel to have missed this investment story.” We did know about Snapchat as early as anybody. Of course that was a wrong narrative for both companies.

Snapchat 214
article thumbnail

Who Should be on Your Startup Board?

Both Sides of the Table

Do you need a board when you first start you company? Time based as in “a guaranteed right for 12 months, which can be renewed by mutual board consent” and event based “a guaranteed right until the company has raised $x million from new investors.” What happens at the A-round of venture capital?

Startup 236
article thumbnail

Should Startups Care About Profitability?

Both Sides of the Table

Or you know the other one — the one where Snapchat lost $2 billion in just one quarter. 70–80% of the costs of most startups are employee costs so what you’re really talking about when a company is unprofitable is that they are growing their staff ahead of their revenue. Two-f **g-billion! What a disaster!

Startup 227
article thumbnail

Why You Need to Ring the Freaking Cash Register

Both Sides of the Table

If you are a super young, well-connected, Stanford CS or EE, worked at Facebook early, have a bit o’ dosh and have VCs chasing you … you are exempt. ” Case in point: Facebook, Twitter, Tumblr, SnapChat. The company with no revenue and a $150k burn rate that raised $2.5 Should I write off my $2.5