article thumbnail

Praying to the God of Valuation

Both Sides of the Table

And then in the late 90’s money crept in, swept in to town by public markets, instant wealth and an absurd sky-rocketing of valuations based on no reasonable metrics. Starting in 2009 I began writing checks consistently, year-in and year-out. I admit that my writing style back then was a bit more carefree, provocative and opinionated.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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. Mithril is struggling to compete against ferocious competition in the growth-stage equity market. How can you practice timing?

article thumbnail

Why you should never have a data room — the most counter-intuitive fund-raising advice you’ll ever…

Both Sides of the Table

The buyer is shopping for equity in startups and the seller is looking for cash in exchange for equity and shared governing control of his or her company. He told me to stop responded to RFPs where I wasn’t the person who helped write the specs for the RFPs. For starters you have to realize that fund-raising is a sales process.

Funding 336
article thumbnail

Non-millennial Bootstrapping – These 50-Something Entrepreneurs Rejected VC $ And Nailed It

InfoChachkie

We spent a lot of time talking about what type of company we wanted to create, how many employees we’d eventually have, whether we would take funding, our lifestyle, and a dozen other things that had nothing to do with writing software. We focus very much on finding employees who are a cultural fit and we share equity when appropriate.

article thumbnail

8 Tips To Get the Most Out of Your Investors and Board

Both Sides of the Table

He did it yesterday, “Mark, I’m going to write a blog post following on from your VC’s aren’t dumb. He is very pleasant when he calls and writes. You may know how much to pay in cash or equity for your new VP Engineering. .” I know it sounds obvious. Trust me – most people don’t do it.

Tips 365
article thumbnail

Interview with Clark Landry, Maple Media

socalTECH

A lot of what we've been looking at are the metrics. Some of the deals that worked out best for me as an angel were those companies I was telling my cash guy one year that this will be a complete write off. They're an elite private equity firm, and what's even better is I can literally walk from my house to their office.

Media 153