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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. Because to invest at a $60–80 million pre-money valuation (or even $40–50 million) before there is enough evidence of success requires a larger fund.

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This Week in VC with Rick Smith of Crosscut Ventures

Both Sides of the Table

Heck, stick around and watch me discuss the seed funding debate that is going on right now and what is happening in the VC industry overall. I give a sneak peek at a blog post I’m writing on the topic next week. I’m going to make this a regular part of the show since it was really fun. . -

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What Did I Learn From the First VC Check I Ever Wrote?

Both Sides of the Table

We not only have our Series A funds that can write $500k?—?$15 15 million first checks but we also have three growth funds. If you invest early and then pull back in the next 3 rounds your multiples on cash invested are much higher than if you keep writing checks. VCs have different views and strategies on this.

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Venture capitalists ‘like and subscribe’ to influencers

TechCrunch LA

The startup has already secured a seed investment from Maveron and CRV, TechCrunch has learned, and will receive another $150,000 in exchange for 7% equity upon entering YC next year. Podfund , for example, writes checks sized between $25,000 to $50,000 to emerging podcasters. million in funding to date, including a recent $3.6

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Is @AngelList Syndicates Really Such a Big Deal?

Both Sides of the Table

If you know, VCs end up writing sizable checks into their own funds, which is important in better aligning interests. Therefore of course they need to be more selection when writing checks and can’t spread their bets across 75 deals. million round I might write $1.8 – 2.2 So What’s the Big Deal?

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Startups and VCs Should Avoid “Pier” Funding

Both Sides of the Table

a loan) that is later converted to equity at the time of the next financing. If no financing happened then this “note&# may not be converted and thus would be senior to the equity of the company in the case of a bankruptcy or asset sale. He had raised about $500,000 in seed funding that lasted a long time.

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What Entrepreneurs Should do about Price Fixing

Both Sides of the Table

Convertible or equity? My advice: Do not mention the other VC firms, angels, seed funds, etc. update] Is Ron Conway a great guy with good intentions in writing the letter he did? Have you looked at competition? How well financed is the competition? What is their market traction? How much are they raising? Cap or warrants?

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