Both Sides of the Table

JULY 26, 2022

2021 saw phenomenal returns for our industry and it topped off more than a decade of unprecedented VC growth. When we get involved in Seed investments we usually represent 60–80% in one of the first institutional rounds of capital, we almost always take board seats and then we serve these founders over the course of a decade or longer.

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Both Sides of the Table

MARCH 30, 2016

Invoca had grown steadily and consistently since 2009 and by 2015 SaaS companies with scale had become hot – trading at a median of 7.3x We knew better than to start funding raising in August, when larger VC firms have a harder time assembling full decision teams – so in August we would plan and September we would commence.

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Both Sides of the Table

MAY 10, 2015

Because no VCs would fund them with a pending lawsuit of this nature. He signed a release and remained on the board. He regretted the decision and sued the company and the board – it’s still not totally clear to me what he was suing about. I funded a company where the CEO stepped down. Humor is tone deaf in court.

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Both Sides of the Table

OCTOBER 26, 2020

She worked for 5 years as a VC at Battery Ventures and co-headed M&A at IAC working with Barry Diller. The core of the investing job of course is investing dollars into startup companies and helping as a mentor, advisor and board member on the companies in which you’ve invested. I promise you, he really said this out loud.)

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A VC: Musings of a VC in NYC

JANUARY 1, 2023

I believe that “new normal” is more or less where we were in 2015 where seed rounds were done around $10mm, A rounds were done around $15mm to $25mm, B rounds were done around $25mm to $50mm, and growth rounds had a cap at 10x revenues. None of that is good, but the worst of those options is rounds with a lot of structure.

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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?” In 2015 in the US there were $77 billion written into startup tech companies.

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TechCrunch

JANUARY 25, 2021

” Badamosi, who returned to Nigeria from the UK in 2015, worked as the general manager for Starta Africa, an online community for African tech entrepreneurs. 2019 saw the local VC firm invest in six companies. This time there was a representative outside Nigeria — Ghanaian fintech startup, Bitsika.

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Both Sides of the Table

JULY 14, 2015

Tuvia Elbaum (@Tuviae) July 14, 2015. Mark Suster (@msuster) July 14, 2015. As I’ve said before, “ You’d Have to be a Really Big Baby to Complain About Being a VC.” I called in the Y0 Yo Life of an Entrepreneur but it really applies to me as a VC as well. I sit down to get things done. HSzvQK63th.

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This is going to be BIG.

MAY 13, 2019

It’s a tricky subject, because VCs only exist to make money—not really to oversee the running of these companies as beneficial to the world, unless it gets so bad that it affects the economic outcome. How many LPs are asking the top tier funds what they’re doing to enforce and oversee values and culture from a board perspective?

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culture incumbents enablement sustainability 314

This is going to be BIG.

DECEMBER 21, 2017

Board meetings at @amplehills are dangerous. When Ample Hills first raised $4 million in 2015, people asked if it was a seed round. Investing in you isn't always their immediate priority, and they're used to dealing with people they know a lot better than the typical VC knows a founder when they pull the trigger.

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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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TechCrunch

MARCH 10, 2023

” Q1 2023 market map: SaaS cost optimization and management New wave of VC funds show it’s time to rethink how many LPs is ‘too much’ Image Credits: Getty Images Between 2015 and 2021, the average number of limited partners associated with a venture fund steadily increased.

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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.” 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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TechCrunch

OCTOBER 16, 2020

since 2015, and in 2020, women make $0.81 It’s certainly not salary, as when a company has nothing beyond a great idea and maybe a lead to a VC on Sand Hill Road, there’s no fat paycheck or benefits package to offer. Our board — which is packed with studs from the Bay Area — is expecting that to soar within two years!

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culture board consulting leadership 116

David Teten VC

AUGUST 19, 2019

Does the traditional VC financing model make sense for all companies? VC Josh Kopelman makes the analogy of jet fuel vs. motorcycle fuel. VCs sell jet fuel which works well for jets; motorcycles are more common but need a different type of fuel. . Absolutely not. So what is Revenue Based Investing?

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TechCrunch

SEPTEMBER 23, 2021

Without further ado, here are the five judges who will pick the 2021 Startup Battlefield winner: Kirsten Green is the founder and managing partner of Forerunner Ventures, a San Francisco-based VC firm she formed in 2010. She is also on the board of Nordstrom and previously served on the boards of Dollar Shave Club and Bonobos.

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TechCrunch

NOVEMBER 10, 2021

Since being founded in 2015, the company has amassed a customer list that includes AppFolio, HotDoc, Pitch, Kumospace and Teamflow, and its customers report seeing up to 80% fewer video call errors after using Daily, Kwindla Hultman Kramer, co-founder and CEO of Daily, told TechCrunch via email. million round raised in May 2020.

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TechCrunch

JANUARY 6, 2022

Interestingly, Assent was bootstrapped for the first five years of its life — from 2010 to 2015. ” Canada’s startup market booms alongside hot global VC investment. The financing follows a $131 million Series C raise led by Warburg Pincus, which remains the company’s largest shareholder.

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TechCrunch

SEPTEMBER 30, 2021

Beach Bum currently has three games in the App Store — Backgammon (Lord of the Board), Spades Royale and Gin Rummy Stars. Gigi Levy-Weiss is a general partner at VC firm NFX and co-founded Beach Bum back in 2015. He doesn’t currently have an operational role at the gaming company but he is active chairman of the board.

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TechCrunch

JULY 19, 2022

Investing internationally, the firm went from a de facto family office to a multi-LP VC firm. Somehow we just ended up in VC. Back when we started, around 2012, there was a lack of VC investors who [were] willing to invest very early stage in hardware technology, particularly in 3D printing. Today we are a team of 10 people.

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TechCrunch

MAY 3, 2022

He teamed up with Eddie Lim and Eoin Matthews to start Point in 2015 prior to joining a16z. Rampell is on the company’s board, but is not involved in the day-to-day operations of the company. It’s like [an investor] making a VC investment into the home,” Lim said. “We So, what exactly does Point do?

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real estate finance financing VC 94

TechCrunch

JANUARY 12, 2022

In total, it has raised $409 million since being founded back in 2015. VC firm General Catalyst, a new investor in the business, along with existing backer Kinnevik. I’m honored to be joining as an investor and the Board of Directors at TravelPerk and to help the company reach a global leadership position.”.

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TechCrunch

JUNE 28, 2022

The list of employee recruitment, acquisition and jobs boards products is practically endless — see Workday, LinkedIn and SAP SuccessFactors to start. ” Reuveni founded Gloat in 2015 alongside Amichai Schreiber and Danny Shteinberg. Gloat is also benefitting from a general rise in VC funding for HR tech startups.

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TechCrunch

APRIL 6, 2023

Today the company announced a $50 million investment, a large sum in today’s tightening VC landscape. We have a majority woman board, we have a majority women leadership team, and our company is actually quite evenly distributed. The new money brings the total raised to nearly $150 million, per the company.

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TechCrunch

NOVEMBER 18, 2021

It seems like the newest dribble of companies started with Kickstarter darling Nebia pre-selling $3 million of fine-misting shower heads back in 2015, before raising investment from , and later getting swallowed up by, bathroom giant Moen. ” “You are looking at a $9 billion market.

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Hunter Walk

AUGUST 26, 2022

We originally filed to go public in March of 2014, and didn’t actually become a public company until January of 2015. Today, my best advice is to be prepared, and when things get tough, for founders, boards and comms teams to take a deep breath and not overreact (I could write a whole blog post on this). It was also one of the hardest.

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David Teten VC

AUGUST 19, 2019

So you’re interested in raising capital from a Revenue-Based Investor VC. Which VCs are comfortable using this approach? This structure offers some of the benefits of traditional equity VC, without some of the negatives of equity VC. No board seats or personal guarantees. For RBI, return caps of 1.2x-1.8x

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investment investing SaaS finance 68

Hunter Walk

JANUARY 19, 2023

In their 2015 introductory blog post , the group said We’re hoping to grow OpenAI into such an institution. Now I certainly believe it’s possible to do well and do good, but I’ve rarely seen a multibillion dollar VC who was willing to sacrifice ‘well’ for good. But I then pause and wonder about the name. might be up for grabs.

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real estate technology collaboration board 67

TechCrunch

JULY 26, 2022

In 2015, Rex Salisbury was working as a software engineer at now-defunct mortgage startup Sindeo where he built out the back end for fully automated online mortgage pre-approval. As a community, Cambrian helped people connect through its co-founder matching and hire through its talent and jobs board.

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David Teten VC

JANUARY 21, 2021

His work on VC and small communities can be found at greatercolorado.vc/blog. This essay is part of a series on alternative VC: I: Revenue-Based Investing: a new option for founders who care about control. II: Who are the major Revenue-Based Investing VCs? IV: Should your new VC fund use Revenue-Based Investing?

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investment investing VC SaaS 49

TechCrunch

JUNE 23, 2022

Startups and VC. Sarah notes that the company first introduced it back in 2015, but the upgrade signals the platform’s confidence that the worst of the pandemic is behind us. But tellingly, the board overturned parent company Meta’s initial determination in over two-thirds of cases — 70% — it reviewed.

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TechCrunch

APRIL 27, 2021

Investors in this latest round for the 2015-founded startup are a mix of old and new backers: The Series D is led by CPP Investments (aka, the Canadian Pension Plan Investment Board) and Fidelity Management & Research LLC, with participation from existing investors including The Ontario Teachers’ Pension Plan, as well as European-based VC firms (..)

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health consulting mix-use support 97

TechCrunch

MARCH 22, 2023

is a wholly owned subsidiary of the Mozilla Foundation — much like the Mozilla Corporation (the org responsible for developing Firefox) and Mozilla Ventures (the Mozilla Foundation’s VC fund). Harvard’s Karim Lakhani, Credo’s Navrina Singh and Surman will serve as Mozilla.ai’s initial board members.

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David Teten VC

JANUARY 21, 2021

His work on VC and small communities can be found at greatercolorado.vc/blog. This essay is part of a series on alternative VC: I: Revenue-Based Investing: a new option for founders who care about control. II: Who are the major Revenue-Based Investing VCs? IV: Should your new VC fund use Revenue-Based Investing?

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investment investing VC SaaS 40

TechCrunch

AUGUST 14, 2022

In announcing its latest financing, the company said it has had more than 400,000 users since its 2015 inception and more than $3 billion in funding across an ever-evolving suite of investment products. Across the board, startups are asking us about venture debt way more often.

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Entrepreneur's Handbook

APRIL 25, 2022

link] Medium, born and raised I founded Entrepreneur’s Handbook in 2015, when Medium was just starting to open its doors to the public. we are on a mission to help entrepreneurs succeed, whether you’re a side business indie hacker, a bootstrapped local shop owner, a freelancer to agency founder, or hypergrowth VC-backed startup.

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Both Sides of the Table

DECEMBER 11, 2022

Between 2006–2008 I sold both companies that I had started and became a VC. SEEING THINGS FROM THE VC SIDE OF THE TABLE While I was a VC in 2007 & 2008 those were dead years because the market again evaporated due the the Global Financial Crisis (GFC). THE VC VALUATION GOD Valuation obsession wasn’t restricted to startups.

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