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Bad Notes on Venture Capital

Both Sides of the Table

On the phone … Me: So, you raised venture capital? I have never come across a sophisticated A, B or C round venture capitalist who thinks convertible notes are a smart move for entrepreneur or investor. We raised a seed round. About $1 million. Me: At what price? Him: It wasn’t priced. We raised a convertible note.

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Making Sense of the Stock Market Drops in Relation to Venture Financing

Both Sides of the Table

I’ve seen friends (and family members) lose much of their savings that way over the years because “Black Swans” happen and in 1987, 2001, 2003 & 2008 (just to name a few from my memory) huge market gyrations caused much financial distress to people seeking short-term gains. You don’t have a clue. Neither do I.

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How Venture Funding For Early-Stage Startups Will Change During the COVID-19 Crisis

Dream It

In New York, for instance, there are now venture funds with a West Coast mentality and firms with an East Coast mentality; the same is true for firms in San Francisco. Will a financial crisis affect how venture funds deploy capital? The biggest question for a venture firm is whether LPs will fail to make capital calls in a crisis. “It

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Because the Domain Makes it Really Real

This is going to be BIG.

It''s kind of a funny answer to "When did you start Brooklyn Bridge Ventures?". So when did I really start Brooklyn Bridge Ventures? I got my first job in venture--at GM--in February 2001. I tried to write a book for college kids in 2002-2003, couldn''t get it published, so I started blogging in February of 2004.

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Rustic Canyon Speaks out on GaiKai Exit, Changing Nature of VC, LA Tech & More

Both Sides of the Table

We also spent a fair bit of time talking about the changing nature of venture capital and in particular the hand-on practitioner role of early-stage VC led by accelerators such as YC, 500Startups, Betaworks and the like. Nate, tell us a bit about Rustic Canyon Venture Partners. I agree with him. My guest today is Nate Redmond.

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Tattoos and YCombinator Demo Day

This is going to be BIG.

It was June of 2003. Somewhere within this portfolio, you're going to find some seriously huge successes and "the best of the best" will emerge--but you really never know which ones, just like any other venture portfolio. I sat in a little ink shop on Rivington Street called Porcupine Tattoo. Seven Nation Army was playing.

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Keeping It Simple

A VC: Musings of a VC in NYC

At 60, with 35 years of venture investing experience, I still get most things wrong. I met Mena Trott at a Nick Denton party in NYC in 2003 and she explained blogging to me. Investing is humbling. Which is why I like to keep things simple. And when I do I am rewarded. My friend Gordon asked me last night how I got into Bitcoin.

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