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The Changing Structure of the VC Industry

Both Sides of the Table

The VC market has right-sized (returned back to mid 90′s levels & less competition). But it still takes VC to scale a business (thus large capital into industry winners like Uber, Airbnb, SnapChat, etc). But it still takes VC to scale a business (thus large capital into industry winners like Uber, Airbnb, SnapChat, etc).

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This Week in VC with Dana Settle of Greycroft Partners

Both Sides of the Table

Greycroft is an early-stage VC. Closing a VC fund in 2009/10 is a major achievement in and of itself. In the intro section of the show we talked a lot about why VC funds are becoming smaller again and where Greycroft fits. When the show has been processed it will be available here (estimated 8pm PDT).

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It’s Morning in Venture Capital

Both Sides of the Table

I can’t help feel a bit of rear-view mirror analysis in all of “VC model is broken” bears in our industry. When I came out of college LA Law was one of the most popular shows on TV and made being a lawyer sexy, so most of my peers made that career choice. They are frustrated by the past decade of subpar returns for the sector.

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As Populist as it May Feel, 98% of VCs Aren’t Dumb

Both Sides of the Table

But VC is like congress. “This essay is dedicated to the great VC’s on my board who I am lucky to work with: Sameer Gandhi from Accel, Jeremy Liew from Lightspeed, and Kirsten Green from Forerunner. As you can see from the chart their data suggests there are about $25 billion of VC distributions per year in the US.

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Raising $$ on AngelList? Working w/ McClure? Ask Jody Sherman

Both Sides of the Table

I was saying that I was happy it was all out in the open because I felt at least everybody could now understand the issues & opportunities from the perspectives of angels, entrepreneurs and VCs. Let’s be clear: AngelList doesn’t scare a single VC I know. But it’s not cutting VCs out. It is additive.

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Never Hire Job Hoppers. Never. They Make Terrible Employees

Both Sides of the Table

This is part of my startup advice series. This post isn’t going to be popular. I’m sure of that. That’s OK. It’s still important advice for startup founders and something that I’m passionate about. And I care more about the debate than trying to be popular. And it’s important because it’s true.

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15 Years of Founders’ Co-op

Founders Coop

We started the firm in 2008, on the cusp of the Global Financial Crisis, and it’s somehow fitting to be entering our 15th year as the laws of financial gravity reassert themselves once again. First, the increment of learning in VC is investment decisions managed to maturity. Founders’ Co-op turns fifteen this year.

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