Both Sides of the Table

DECEMBER 14, 2014

I had witnessed a number of early-stage tech startups in LA raise seed capital from the Bay Area and relocate. It was 2009 and it was terribly difficult to get any financing (if you can remember a time like that!) And Jim & I went on to raise several more venture capital funds in our day jobs. So we went for it.

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OCTOBER 1, 2009

In the first post in this three part series I described why I believe the VC market froze between September 2008 – April 2009. Unemployment continues to rise – Unemployment as of September 2009 is 9.7% Tags: Pitching VCs Start-up Advice VC Industry startup technology vc venture capital.

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MAY 15, 2010

It’s always fun chatting with Jason because he’s knowledgeable about the market, quick on topics and pushes me to talk more about VC / entrepreneur issues. We’re staring to get the hang of how to divide the show up into talking about deals but also talking about issues for entrepreneurs during funding.

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MARCH 24, 2014

As a result I didn’t write my first venture capital check until March 2009 – exactly 5 years ago. In 2010 somebody posed the question on Quora, “Is Mark Suster a Successful Venture Capitalist?” “I think the best VCs help drive exits alongside their entrepreneurs. 5 years ago.

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Both Sides of the Table

DECEMBER 11, 2022

Something happened in the past 7 years in the startup and venture capital world that I hadn’t experienced since the late 90’s — we all began praying to the God of Valuation. How might our next phase of the journey seem brighter, even with more uncertain days for startups and capital markets? What happened?

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Both Sides of the Table

OCTOBER 1, 2009

In my previous post, The VC Ice Age is Thawing (for now) I wrote about the reasons why the VC market came to a screeching halt in September 2008 and remained largely shut until at least April 2009. This post highlights some of the reasons why the market is moving again and what entrepreneurs should do about this.

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Both Sides of the Table

NOVEMBER 14, 2010

They have marked-up paper gains propped up by an over excited venture capital market that has validated their investments. But I’ll judge the angel class of 2009/2010 on a 7-10 year time horizon. in 2009 the market was completely constipated as investors focused on triage. I was very active in 2009 / early 2010.

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This is going to be BIG.

OCTOBER 12, 2011

Ironically enough, the second nudge she gave my career also had to do with AOL--ten years later when in 2009, she introduced me to Jon Brod who was forming AOL Ventures. I got to interview there and had a great conversation with Jon that inspired a post on the kind of venture firm NYC needed. Are there examples of that?

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Both Sides of the Table

AUGUST 24, 2015

I’m not saying I’m not investing – just that I’m generally aware that the market does drive venture capital fundings and I’m very interested to see how September plays out. The impact hits VCs in an immediate way that most entrepreneurs don’t realize. At least later stage investors.

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StartupNation

JANUARY 20, 2022

As the e-commerce industry continues to boom and work from home remains a trend amongst the corporate sector, more entrepreneurs are using their funds to create new digital startups in a number of niches. This is where venture capital comes into play. What is venture capital and how do you get it?

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Both Sides of the Table

SEPTEMBER 27, 2010

There are real changes in the venture capital industry and it would have been fun to talk about them. These days that’s not the case and it’s a great outcome for entrepreneurs and for innovation. A: Only because it’s a nicer branding for entrepreneurs. Answer: Not much. It’s a shame.

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JUNE 18, 2010

What a pleasure that I got to spend an hour talking with both Om Malik (whom I’ve always respected his views) and Paul Jozefak , a venture capital partner at Neuhaus Partners in Germany (and formerly the head of Europe for SAP Ventures). industry investors rather than VCs) a good idea for entrepreneurs.

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This is going to be BIG.

FEBRUARY 15, 2012

From 2005 to 2009, I was fortunate enough to be part of a small group of New York City innovation community leaders that sowed some of the seeds of the thriving tech hub we have today. At the time, though, we didn't know what we know now. There's a ton of enthusiasm out there, but now it's time to get to work.

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communities innovation real estate creativity 253

Both Sides of the Table

SEPTEMBER 12, 2013

As more consumers were skipping commercials the idea of authentically integrating brands into media seemed obvious to me and ended up informing a lot of my investments in 2009 and 2010. At every entrepreneur event I through between 2008-2012 I invite Hamet because he was a great mentor for entrepreneurs. I stayed close.

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MARCH 17, 2010

First, I’d like to quote (paraphrase) Brad Feld speaking at Twiistup in LA in 2009, “I keep hearing people in LA talking with a chip on their shoulders about building a tech business here relative to Silicon Valley. Funding is different – In Silicon Valley you have mega venture capital funds and many of them.

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MAY 25, 2013

After all, I am no stranger to the publicly expressing the frustrations of dealing with the downside of this industry as I wrote about in 2006 when I was an entrepreneur. “I don’t know the exact math, but I hear it again and again: the top 2% of firms generate 98% of the returns in venture capital.” hours / day.

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Both Sides of the Table

AUGUST 20, 2015

If one entered between 2009-2015 he or she is no doubt in the “hazard” phase where one need to be careful about thinking he know more about the industry than perhaps he do. I think I’m at the expert stage of venture capital and I mean in the Wardley sense. I see it in many young pups. Same as I felt.

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This is going to be BIG.

MARCH 15, 2012

He spotted Facebook in 2004 and Spotify in 2009. Seems to me that New York could use a guy who goes around broadening the visions of New York entrepreneurs. Parker made a huge dent in the web as co-founder of Napster, then built Plaxo up to 20 million users. or would he have been convinced to take a financing round?

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Andreessen Horowitz

APRIL 16, 2024

When Marc and I started the firm in 2009, the conventional wisdom in Venture Capital was that in any given year, only 15 companies would ever generate $100M in revenue and those 15 companies would drive almost all of VC returns. Venture Capital firms configured themselves to address a market of 15 important companies.

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This is going to be BIG.

SEPTEMBER 19, 2012

In the early spring of 2009, the fundraising nuclear winter of the previous year hadn't yet thawed. It would be months before Foursquare's first round touched off a NYC venture frenzy. Many of you entrepreneurs know that feeling. I was out trying to save my startup by talking to as many investors as I could.

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Both Sides of the Table

JULY 13, 2013

My mom was an entrepreneur – she was kind of my inspiration for entrepreneurship. And no one could see me as anything but a startup guy, so I started a second company and called myself a serial entrepreneur. Then everyone just started calling me a serial entrepreneur. As an entrepreneur you have to suspend disbelief.

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TechCrunch

AUGUST 3, 2022

Andreessen Horowitz’s recent hire of former Jordan Park Group Chief Investment Officer Michel Del Buono suggests the venture capital firm is getting into startup founder wealth management. This is just one of the numerous internal programs that the venture capital giant offers to founders. billion, according to Bloomberg.

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Both Sides of the Table

APRIL 2, 2010

This is part of my series on Understanding Venture Capital. I’m writing this post to explain to entrepreneurs what you should be thinking about in terms of the VC’s you approach and the size and stage of their funds. You can ask around to startup lawyers and other entrepreneurs who know these things.

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MAY 4, 2010

Had a great chat with Jim Armstrong who is a General Partner at Clearstone Venture Partners today on TWiVC. It was especially fun for me because we got the chance to talk about the VC industry and how entrepreneurs should think about the VC industry in addition to discussing deals. Its net income for the 2009 period is $11.66

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Both Sides of the Table

FEBRUARY 14, 2016

Most venture capitalists who have been in this business for a long time foresaw this correction and have been talking about it privately for the better part of the last year or two. ” “This will be great for VCs and bad for entrepreneurs.” What is the True Sentiment of VCs? ” “Sure, prices are dropping.

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This is going to be BIG.

AUGUST 22, 2016

Truth be told, I still believe the best ROI to be had is in the very first round, but now even a small follow on will help an entrepreneur answer whether all their existing investors are participating. It takes so long to hone your craft in venture capital that, for me, I could never be successful changing up what I do all the time.

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This is going to be BIG.

MAY 27, 2010

Geolocation is so 2009. Kinda seems like that sometimes, right—that the venture capital community seems to chase after the bright shiny object of the moment in droves and then just as quickly moves on to the next new new thing. Tags: Venture Capital & Technology. Ok, so we’re all doing social TV now.

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Innovation 2 Enterprise

NOVEMBER 29, 2020

In the venture capital industry, “unicorn” is a term used to describe a privately held startup company with a company valuation of over $1 billion. Alkami Technology was founded (as iThryv) by serial entrepreneur Gary Nelson more than 10 years ago in Oklahoma City. Now major names in venture capital are involved.

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This is going to be BIG.

MAY 9, 2012

In all seriousness, Kent and Phin are two of the most principled professionals I know in the venture capital world--and their promotions are well deserved after four years of hard work at one of the most principled firms I know. When I first sat down with Josh back in September of 2009 to talk about joining First Round.

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Dream It

APRIL 12, 2020

In 2008-2009, the financial markets seized up, and there were quarters of complete uncertainty, but ultimately VCs started investing again and things normalized. The crisis began in August 2008, but by March 2009, deal activity in venture had picked up again and economic activity in the venture ecosystem normalized. “I

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This is going to be BIG.

JANUARY 31, 2010

RSVP: [link] 5PM NY Tech Meetup Student Mingle The NYTM Student Group's mission is to encourage the involvement of students and student leaders in the New York City tech community and thereby better educate and prepare tomorrow's entrepreneurs. Come laugh and learn as we dissect the twelve worst social media campaigns of 2009.

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communities innovation media education 158

Both Sides of the Table

SEPTEMBER 28, 2014

In a world where the economy only heads in one direction (read: 2009-2014) most investors & entrepreneurs forget to pay attention to gross burn. On the other hand, exits at lower prices are easier with these providers of capital. Would they be willing to put a bridge loan in place if need be?

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TechCrunch

NOVEMBER 2, 2020

VC has been invested over the past decade according to race, gender and educational background makes for grim reading — with all-ethnic teams and female entrepreneurs receiving just a fraction of available funding versus all-white teams and male founders. female entrepreneurs face in accessing VC funding versus male counterparts. .

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Both Sides of the Table

FEBRUARY 14, 2018

The idea is simple enough: several female VC partners at top funds will hold 1-hour meetings with 40 promising female entrepreneurs looking to get advice on their business and pitch in a friendly, non-judgmental, safe environment. Dan talks about a landmark case in 2009 that involved whether it was legal to strip search a 13-year-old girl.

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founder peer-to-peer VC mentorship 256

This is going to be BIG.

MARCH 2, 2016

Venture capital firms, on the other hand, draw people in. When I was camping out in the Ace Hotel back in 2009 before First Round had an office, I took meetings with 3-5 people a day, 4-5 days a week, for 7 months. In a place like New York, many real estate families are major investors in venture capital funds.

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This is going to be BIG.

MAY 27, 2010

Geolocation is so 2009. Kinda seems like that sometimes, right—that the venture capital community seems to chase after the bright shiny object of the moment in droves and then just as quickly moves on to the next new new thing. Tags: Venture Capital & Technology. Ok, so we’re all doing social TV now.

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Both Sides of the Table

MARCH 6, 2011

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. Jody didn’t exactly have an easy time fund raising because he’s not one of the prototypical Silicon Valley funded entrepreneurs.

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