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Playing the Long Game in Venture Capital

Both Sides of the Table

This “overnight success” was first financed in 2004. The abundance of late-stage capital is good for us all. It’s amazing to me that a company that just a little over 5 years ago was struggling to attract capital at much more than $100 million valuation can now ACQUIRE companies for this amount. The virtue of going long.

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How the New York City innovation community can still lose (and what you can do about it)

This is going to be BIG.

As a Brooklyn native who has never lived outside the five boroughs—and someone who left Big Finance—I feel a special kind of pride over what’s gone on here in the last six+ years. I'm all for people putting $25k to work to try something out--and if it works, having the momentum to raise more capital.

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Why the NYC startup scene needs Sean Parker

This is going to be BIG.

He spotted Facebook in 2004 and Spotify in 2009. or would he have been convinced to take a financing round? I'm not surprised, because New Yorkers have more of a trading/investment mentality--thinking that it's better to take a sure $100 million than go for a home run with a lot more capital.

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This Week in VC – Scott Painter, CEO of Zag & TrueCar

Both Sides of the Table

He’s personally led more than 50 financing rounds. Company plans to use the capital to build out sales and marketing and r&d. -a led by Altos Ventures and Maverick Capital, with Larry Braitman. Current round: $7.0mm Series-B led by MK Capital, withClearstone Venture Partners and Shasta Ventures.

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This Week in VC with @VCMike Hirshland of Polaris Ventures

Both Sides of the Table

This lasted from about 2001-2004. And Mike believes that entrepreneurs often need less capital to get started these days. Venture Financings we Discussed. Current round: $8.5mm Series-C led by Jafco Ventures with DCM , Emergence Capital, and August Capital participating. Total raised: $19mm. Read more: TechCrunch.

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The Stock Dive: How I Learned to Stop Worrying and Love the Market

This is going to be BIG.

3) Do you need to raise a large amount of growth capital in 2022? Even “needing” growth capital can be problematic. Growth capital should be the kind of thing you choose to take, not need to take. It was super hard to get any kind of financing before, and it will remain so. The incentive is too strong. Mediocre deals?

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The Guy Who Took on Google (and now LinkedIn): Mike Yavonditte

Both Sides of the Table

Mike Yavonditte is the founder of the “super hot&# Hashable , a startup out of NYC that has been described as a “ Mint.com for Social Capital ” Mike sold his previous company, Quigo , to Aol for $340 Million. They sold in December 2007, but he started selling Quigo in 2004. Judged his instincts, and felt it was Quigo’s time.