article thumbnail

How MakeSpace Recently Closed $30 million in New Funding

Both Sides of the Table

Our defensible infrastructure comes from the fact that we now have huge volumes of customer storage earning the equivalent of SaaS revenue and any new entrant would have to invest in the fleet of cars, bins, drivers and warehouses that we now have not to mention 4.5 years of software development.

article thumbnail

Mark Suster: New, $200M Fund, and GRP's New Name, Upfront Ventures

socalTECH

We caught up with Mark Suster , one of Upfront''s General Partners and a well known blogger and technology personality, the new fund, and how his blogging is now driving the firm''s investment activity. As you probably know, two thirds of our investments go into Los Angeles. Tell us about the new fund? Mark Suster: It''s a $200M fund.

Funding 196
Insiders

Sign Up for our Newsletter

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

article thumbnail

Understanding Changes in the Software & Venture Capital Industries

Both Sides of the Table

I will argue that LPs who invest in VC funds will also need to adjust a bit as well. It was driven by the introduction of open-source software, most notably what was called the LAMP stack. They knew the venture math that if only 50 companies / year are sold North of $100 million the entry price for their investments mattered.

article thumbnail

VC Seed Funding is Dead, Long Live VC Seed Funding!

Both Sides of the Table

With open source software (LAMP stack) and cloud computing infrastructure it just wasn’t that expensive to get your company going and founders just wanted to raise less money. But they do small, seed like investments when they like the entrepreneurs. So how can I justify doing seed investments? They have a large-ish fund.

article thumbnail

Get Inside the Mind of an Angel Investor

Both Sides of the Table

Thomas and his partner lived off of credit cards, and used crappy data centers and open source software (LAMP). The best proof of a soft circle is whether an angel will email someone else (refer another investor) and start off that email with “I’m investing in…”. As an angel, do you reserve money for follow-on investments?

Angel 302