A VC: Musings of a VC in NYC

JUNE 18, 2019

When USV invested in Coinbase in early 2013, our rationale was that digital currencies and digital assets (like Bitcoin and beyond) were a breakthrough technology, similar to TCP/IP, HTTP and SMTP. We believe Libra has the potential to be the catalyst that brings the entire cryptocurrency and cryptoasset market into the mainstream.

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Both Sides of the Table

SEPTEMBER 5, 2012

.” I applaud all efforts by people to take on this issue and especially be Adeo who – let’s be honest – was really the first champion of trying to make the VC world more transparent by launching TheFunded, which didn’t exactly endear him to VCs initially. They’ll get priced soon enough by a VC.”

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startup VC entrepreneurs financing 354

Both Sides of the Table

FEBRUARY 14, 2016

What is the True Sentiment of VCs? I recently survey more than 150 VC friends from all stages and geographies what they thought about the market by asking “Which of the following statements best describes your mood heading into 2016?” But not a VC or Bill Gurley or myself would have spooked it 2 years ago.

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David Teten VC

MARCH 5, 2021

(co-written with Katherine Boe Heuck , a MBA candidate at MIT Sloan (class of 2022); past intern at Versatile VC ; and a current intern at Metaprop NYC.). We reviewed CB Insights’ global list of “40 of the Best VC Bets of all Time.” For funds with an overall return of 3-5x, which is what VC funds aim for, the overall return was 4.6x

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Both Sides of the Table

OCTOBER 8, 2014

Over the past 4 years LA’s tech fundings have growing at a 30% compounded annual growth rate (CAGR) which is > 4 times the US average VC CAGR (7%). billion 2013 figure) have been massive financings at Honest Company ($70mm), JustFab ($85mm), ZipRecruiter ($63mm) and lord only knows how much SnapChat has actually accumulated.

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entrepreneurs creativity technology capital 376

Both Sides of the Table

JANUARY 6, 2014

Most experienced VCs won’t push you to give up founder control at this stage of the business nor should they. With small amounts of money invested (sub $3 million) the risks are reasonably low for most VCs and the consequences of bad decisions or decisions a VC has limited say in is tolerable. Experience. Relationships.

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board media mentorship advice 325

Haystack

FEBRUARY 17, 2019

And this week, the company announced it had raised a super-sized $20M Series A financing co-led by Kent Bennett from Bessemer Venture Partners and also Goldman Sachs. With over 150 customers now, they range from financial institutions such as VC and PE firms, consumer product companies, and media organizations.

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investing investment financing finance 106

TechCrunch

DECEMBER 30, 2021

For instance, investors such as Berlin-based VC firm Target Global and renowned investment firm and hedge fund Tiger Global cut checks across early and growth stages. The European VC also led the pre-seed rounds of Kippa and Edukoya. Target invested in both Series A rounds of Kuda and Mono (including the Series B round of the former).

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venture capital capital VC ventures 139

David Teten VC

MARCH 5, 2021

(co-written with Katherine Boe Heuck , a MBA candidate at MIT Sloan (class of 2022); past intern at Versatile VC ; and a current intern at Metaprop NYC.). We reviewed CB Insights’ global list of “40 of the Best VC Bets of all Time.” Why are all of the VC home runs from white men, or Asian men in Asia, plus a few Asian men in the U.S.?

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VC investing investment founder 52

TechCrunch

JULY 13, 2022

When I started emPawa Africa, I wanted to experiment with the VC model by investing in many artists,” said the artist who recently completed a program at Harvard Business School. . According to him, powering artists and people in the creative space should be done in a startup/VC manner. Go team @Yoco_ZA go [link].

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startup incubation VC angel investing 122

TechCrunch

MARCH 31, 2022

After winning the 2013 TechCrunch Meetup and Pitch-off , I decided to drop out of business school to pursue my startup full time. A great VC will do so much more for you than just write a check. VCs should never give armchair product advice nor cross the line into micromanagement. Contributor. Share on Twitter.

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founder venture capital advice construction 87

TechCrunch

JULY 6, 2022

What do early-stage founders need to know to capture VC interest, and dollars, in a challenging market? In 2013, Monot co-founded Innovative Auctions, a high-stakes auction company. . He is also the GP of the 500 Fintech fund. TechCrunch Disrupt is back in person on October 18-20 i n San Francisco.

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ventures education venture capital disruption 95

TechCrunch

OCTOBER 24, 2020

That figure was not a historical record, mind; the Q3 total looks to be only the fourth-biggest VC quarter in India’s startup history since at least 2013 and, perhaps, ever. And while there are loads of late-stage money, first financings are worth an ever-smaller fraction of the VC pie.

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TechCrunch

JUNE 2, 2022

Iyer, a serial entrepreneur with two successful exits, spent the majority of last year honing in on his interest in web3 as a visiting partner at Pear VC and an instructor teaching a DeFi masterclass to over 2,000 students.

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development VC communities ventures 126

TechCrunch

MARCH 9, 2021

There is an unmet need of $260 billion to $320 billion for women-owned company funding, according to a 2013 study conducted by the International Finance Corporation. Furthermore, women founders receive less than 3% of all VC dollars. Data from Women in VC show that only 5.6% VC firms are women-led and only 4.9%

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entrepreneurship VC economic growth board 77

TechCrunch

MAY 26, 2022

This appointment comes a month after Ayeni left the International Finance Corporation (IFC), the private sector arm of the World Bank Group, where he led venture capital investments across Africa, the Middle East and Central Asia for over 5 years. “I’ll call it a mid-cap VC fund. It’s not early, and it’s not quite growth.

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VC venture capital financing finance 59

TechCrunch

FEBRUARY 8, 2022

Briter Bridges : In 2020, the publication reported that fintech companies accounted for 31% of the total VC funding. The Big Deal : African fintech startups received 53% of the total VC funding in 2021; it was 49% in 2020. The Big Deal : Nigeria topped African VC investment destination at $1.5 That number doubled to 62%.

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startup VC venture capital education 98

TechCrunch

FEBRUARY 26, 2021

David Teten is founder of Versatile VC and writes periodically at teten.com and @dteten. 15 steps to fundraising a new VC or private equity fund. Katherine Boe Heuck is a MBA candidate at MIT Sloan (class of 2022), a past intern at Versatile VC and a current intern at Metaprop NYC. David Teten. Contributor. Share on Twitter.

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investing investment VC venture capital 69

TechCrunch

DECEMBER 9, 2021

financing back in 2005, “climate change” was some future event. To tackle the crisis, capital must flood in and even more so than in the past few encouraging years, during which climate tech VC investment increased 40x between 2013 and 2019. Contributor. Share on Twitter. When I started getting involved in clean tech 1.0

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real estate entrepreneurs energy transportation 136

TechCrunch

FEBRUARY 23, 2021

While one might wonder what the parallels between food delivery and housing might be beyond fulfilling consumers’ needs, CEO Doherty said the rental market in 2021 looks a lot like the food delivery market in 2013. “In Existing backers include Founders Fund Seed, Draper Associates, Boost VC and Capital Factory (among many others).

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founder real estate SaaS ventures 95

TechCrunch

JANUARY 5, 2022

The financing raised comprises $30 million in equity and $5 million in debt from CitiBank, bringing the total amount raised by mPharma to $65 million. Other investors include Northstar, Social Capital, Novastar and TO Ventures.

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health hospitality communities venture capital 97

TechCrunch

JULY 1, 2021

Founded by brothers Gustavo and Mauricio Chamati in 2013, Mercado Bitcoin was the first crypto exchange in Brazil. Crypto is taking advantage of this trend, which is also on display for other asset classes, such as VC and private equity,” Dagnoni said. It’s also 11 times the volume experienced during the same period in 2020.

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peer-to-peer disruption innovation investing 103

TechCrunch

MARCH 18, 2021

The B2B payments space has been on fire for a while, and the COVID-19 pandemic has only fueled mass adoption of digitizing finances. The financing is the latest in a string of fintech-related fundings in Mexico that TechCrunch has covered as of late. Higo launched its SaaS platform last November. And now the startup has raised $3.3

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financing finance SaaS opportunity 61

Tomasz Tunguz

MARCH 18, 2014

These record financings certainly generate significant press interest. Each chart shows the number of rounds raised bucketed by size from $0 to $5M and up to $150M to $200M from 2005 to 2013. 75M investments spiked in 2013. more common in 2013 as 2009 and $75-100M rounds have doubled during this time frame.

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TechCrunch

JUNE 3, 2021

Mihkel Aamer , Lightyear’s other co-founder and CTO, was an engineering lead at Wise between 2013 and 2019. Wise’s Taavet Hinrikus and Teleport’s Sten Tamkivi partner in new investment firm — just don’t call it a VC fund. He has held various roles, such as head of product, head of people and head of operations.

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TechCrunch

SEPTEMBER 1, 2021

Existing backers Viola FinTech, MassMutual Ventures, Nationwide, Hearst Ventures and Moneta VC also put money in the round, as well as new investors Viola Growth and Fort Ross Ventures. With the new financing, Cambridge, Massachusetts-based Insurify has now raised a total of $128 million since its 2013 inception.

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SaaS finance financing ventures 77

Both Sides of the Table

APRIL 25, 2011

It’s nearly impossible to get a services company financed by VCs. They have created two internal technology “products&# and wanted to figure out how they could turn their services business into a product business that could be financed. Why Shouldn’t Most Services Businesses Raise VC? They wanted advice.

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TechCrunch

FEBRUARY 6, 2023

Surely not I, when my family moved here in 2013. Other weekly news Marqeta shared with me exclusively that it has agreed to acquire two-year-old fintech infrastructure startup Power Finance for $223 million in cash, marking the first acquisition in the publicly traded company’s 13-year history. And not just once but twice in two years.

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financing finance economic environments health 84

TechCrunch

DECEMBER 13, 2022

Dataiku is the latest well-financed startup to suffer from macroeconomic headwinds, raising new capital at a significantly reduced valuation. There’s signs VC investments in AI startups are cooling. The company today announced that it raised $200 million in a Series F round led by Wellington Management at a $3.7

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leadership culture VC finance 76

TechCrunch

FEBRUARY 13, 2023

In late 2013, Errplane, a Y Combinator-backed startup, began developing an open source project called InfluxDB for database performance monitoring and alerting. But he believes the rollout of InfluxDB IOx and the new financing round put the company in a position of strength.

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TechCrunch

NOVEMBER 5, 2020

It was 2013, and I’d been camping out in Uber’s San Francisco offices for weeks. It has also become one of the most confusing, as lines have blurred among early-stage VCs, private equity firms, hedge funds and dedicated growth-stage firms, all offering an abundance of capital and similar sounding value-add to high-growth startups.

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investing investment financing finance 72

Tomasz Tunguz

NOVEMBER 17, 2013

The median 2013 VC-backed tech IPO burned $33M and the average company burned $76M. The chart above shows the net income/burn rate of 2013 tech IPO by years since founding. How much runway did the 2013 IPOs possess along the way? The chart above shows the smoothed trend across the 2013 IPO vintage.

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TechCrunch

JANUARY 21, 2021

But it’s been hard to argue against this position in the last 10 years, as the country powered ahead, famously producing ground-breaking startups like Waze, which was eventually picked up by Google for more than $1 billion in 2013. As in other countries in “COVID 2020”, VC tended to focus on existing portfolio companies.

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startup ecosystem startup incubation culture 88

OurCrowd

APRIL 25, 2021

The most active Israeli VC in 2020 was OurCrowd with 24 deals, according to PitchBook, followed by Pitango and TLV partners with 13 deals each,” Gill Press reports in Forbes. PitchBook has awarded the accolade to OurCrowd every year since 2013. OurCrowd, Israel’s most active venture investor.

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opportunity technology development investing 69

Tomasz Tunguz

JUNE 8, 2014

For the past several years, early stage VCs have entered the seed market with vigor. VC’s entry has resulted five different important trends in the past five years: The total dollars entering the seed market has increased by 132%. VCs’ typical seed investment has grown by 50%. the median is 1.6.

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TechCrunch

AUGUST 3, 2022

The report added that this was the highest number it had recorded since it began tracking relocation trends in 2013. “Our focus on a subscription model allowed us to monetize early, which ensured that we didn’t have to rely on VC investment to scale, and gave us a reliable and growing revenue stream. .

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sustainability collaboration real estate capital 83

Tomasz Tunguz

MARCH 1, 2015

In addition, VCs have been participating in the seed stage market as well, making 2013 a banner year for seed investment. 2013 1531 1255 820. Round sizes have increased in most fundraising stages , likely because 2014 was a decade high year for VC fundraising. Startups raised 132% more in seed rounds than in 2012.

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