Tomasz Tunguz

JULY 18, 2022

Last year, private equity firms inhaled $29 billion dollars’ worth of startups - a twenty-year record and 50% more than the previous peak. The high-water mark underscored the importance of private equity sponsors as an exit avenue for startups in black Sharpie marker. The most recent surge notwithstanding.

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A VC: Musings of a VC in NYC

JANUARY 1, 2023

I want to focus this post on the macro environment for tech, startups, web3, and climate because that is where my head is at right now. With that macro view in mind, what would that mean for tech, startups, and web3? Startups are going to have a tough year in 2023.

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TechCrunch

JANUARY 18, 2022

Although many VCs seem to be new to quantum technologies, some investors foresaw this movement several years ago and are now making their first quantum exits. The company was founded in 2015, and it went public in 2021 through a SPAC at a $2 billion valuation. Quantum startups map, as of October 2021. Take IonQ, a U.S.-based

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TechCrunch

JULY 27, 2021

The Exchange is on a trip around the world, poking our heads into various startup markets to better understand how different geographies are faring during a historic boom in venture capital activity. startups this year is contrasted by a modestly cooling Chinese venture capital scene. The Exchange explores startups, markets and money.

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AsiaTechDaily

JUNE 14, 2023

Kaya Founders, a venture capital firm based in the Philippines , has introduced two new funds to support startups at different stages of their growth. The Zero to One Fund will focus on pre-seed startups, while the One to Ten Fund will cater to seed to Series A startups.

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A VC: Musings of a VC in NYC

JUNE 1, 2021

I’ve written a bunch about the globalization of the startup economy. But until very recently, raising capital for your startup was significantly easier if it was located in the major startup hubs, most notably Silicon Valley. USV TEAM POSTS: John Buttrick — May 26, 2021 ADDI.

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Revolution

MAY 11, 2023

And while this May’s economic backdrop was markedly different from last’s , enthusiasm was high and outlooks remained positive for the startup momentum building between the coasts. We named this summit after a report we wrote with Pitchbook at the end of 2021 to explore the impact of the pandemic on investment patterns.

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TechCrunch

SEPTEMBER 12, 2022

Winter may hve arrived early for AI and machine learning startups. After years of rosy projections, growth and investor enthusiasm, a new report from PitchBook shows that VC activity in the AI sector declined precipitously over the past few months. Deal value growth in AI startups was down 27.8% billion across 1,340 deals.

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This is going to be BIG.

MAY 4, 2022

Morality aside, I’d say given the inherent riskiness of startups, I’m not sure this would be a great addition to your cap table. I’m the on-paper poster child for “who can get VC dollars”. How about an investment from the Sackler family—the pharma family in the middle of the opioid crisis. Drug kingpin?

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TechCrunch

SEPTEMBER 12, 2021

billion in the first half of 2021 — a fourfold increase from the previous year. But most venture-backed startups are “still overwhelmingly white, male, Ivy-League-educated and based in Silicon Valley,” according to a study conducted by RateMyInvestor and Diversity VC. Funding for Black entrepreneurs in the U.S. hit nearly $1.8

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A VC: Musings of a VC in NYC

APRIL 13, 2021

It is a little known part of my career, but for a brief period from 1997 to 2001, I was part of a small group of investors who helped to create a startup ecosystem in Latin America. She pulled me over after the meeting and asked me if there were other startup companies like StarMedia in Latin America.

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A VC: Musings of a VC in NYC

JUNE 9, 2021

On Monday, a copy of Startup CXO , my friend Matt Blumberg’s new book, arrived at the USV office. ” That’s when I realized that Startup CXO is not really a book. ” That’s when I realized that Startup CXO is not really a book. I picked it up to take a quick look and thought “this a heavy book!”

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TechCrunch

FEBRUARY 1, 2022

Fintechs could see $100 billion of liquidity in 2021. Fintech tailwinds, strengthened by the COVID-19 pandemic in 2020, only accelerated in 2021. Despite a roughly 30% draw-down in the last months of 2021, the Matrix Fintech Index continued to beat the broader market as well as incumbent financial service companies. Matt Brown.

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AsiaTechDaily

MARCH 30, 2023

billion) in 2021. billion) for VC by the end of 2022. Corporate investors, individuals and family offices, and financial institutions were the top sources of funding for PE, while government agencies and investment companies, sovereign wealth funds, and corporate investors were the top sources for VC. billion (MYR16.08

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A VC: Musings of a VC in NYC

SEPTEMBER 30, 2021

— Sam Altman (@sama) September 26, 2021. — Jordan Cooper (@jordancooper) September 23, 2021. — Jordan Cooper (@jordancooper) September 23, 2021. If you and your startup want to apply, you can do so here. USV TEAM POSTS: Hannah Murdoch — Sep 27, 2021 Fiveable’s Series A.

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A VC: Musings of a VC in NYC

MAY 1, 2022

However, we were not able to do that in 2020 and 2021 so this was our first Portfolio Summit since 2019. Those of us who work in VC and startups can work remotely and get most everything we need done. Every year we invite the leaders of our portfolio companies to come to NYC and spend a couple of days with us and each other.

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TechCrunch

DECEMBER 23, 2021

Notable companies and exits like Xero , Pushpay, Aroa Biosurgery , Vend , Seequent , Halter and Rocket Lab have put local startups on the map, but the scene is still immature and will need steady direction before it becomes a globally competitive ecosystem. In 2020, VC investments totaled NZD $127.2 billion, from Q1 2020 to Q4 2021.

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A VC: Musings of a VC in NYC

APRIL 22, 2021

But I can also tell you that the state of diversity in startup/growth company boards and our portfolio is still awful. Our portfolio company Bolster connects fractional executives and board candidates to startup and growth companies. You just need to make room for them and ask them to join your board. Just do it.

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TechCrunch

JANUARY 27, 2023

But before that, there was shared optimism that African startups would raise more VC funding last year than in 2021 when the continent, for the first time, passed the $4-5 billion threshold. Africa predicted to experience sustained funding slowdown in 2023 Most tech observers share Cuvelier’s thoughts on VC activity in Africa.

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TechCrunch

DECEMBER 10, 2021

startup market, has been on a tear in recent quarters and years. Akin to many startup markets around the world, Europe has seen its venture capital totals rise, its unicorn ranks swell, and even a few major public exits. How hot is the market for European startups this year? The Exchange explores startups, markets and money.

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TechCrunch

OCTOBER 17, 2022

We’re entering a messy middle where prices continue to drop and the “2021” deal, industry slang for an investment made at an exorbitant price, is long gone. The VC landscape has started to bifurcate, and it will continue to do so during 2023 both for fundraising and investments.

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A VC: Musings of a VC in NYC

JANUARY 18, 2021

In early June, I wrote this post explaining that I and we need to do more to reduce the inequality issues for Black people in tech, venture capital, and startups. USV TEAM POSTS: Albert Wenger — Jan 8, 2021 SilviaTerra. I think MLK day is a good time to talk about what has happened since that post.

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TechCrunch

JULY 13, 2022

Over the past couple of years, there’s been an overlap between tech and art, fueling a growing interest of movie, music and sports stars investing in tech startups. In 2014, Mr. Eazi launched Phonetrader, an online used phone marketplace backed by a now-defunct startup incubator, 440NG, which was run by two investment firms, L5Lab and 88mph.

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A VC: Musings of a VC in NYC

FEBRUARY 17, 2021

Going back to startup equity, I believe that we will continue to see more and more secondary liquidity for startup equity. Our portfolio company Carta has recently launched a market for exactly that called CartaX and I believe it will be an important source of secondary liquidity for founders, employees, and investors in startups.

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TechCrunch

AUGUST 15, 2023

Brett Calhoun Contributor Share on Twitter Brett Calhoun is the managing director and general partner at Redbud VC. Amid these turbulent times, the VC accelerator industry has emerged as a stalwart player. the free YC Startup School courses). growth from 2020 to 2021. Crowdfunding witnessed a 2.4x

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TechCrunch

DECEMBER 23, 2021

He leads the group’s venture capital fund, Seedstars International, which invests in seed-stage startups across emerging markets. Even after the unprecedented year that we had in 2020, the VC markets picked up in 2021 and founders raised 157% more capital in the second quarter of 2021 compared to the previous year.

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TechCrunch

MARCH 22, 2023

A hallmark of that spirit is quite visible these days in the country’s flourishing startup ecosystem, which has expanded rapidly in the past few years, to say the least. However, the global slowdown has impacted startups’ growth in the country, just like everywhere else in the world. How has your investment strategy changed?

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TechCrunch

JANUARY 19, 2021

Despite a pandemic that sparked a global recession, 2020 was still a record year for venture capital investments into American startups. billion into domestic startups last year, or around $428 million for each day of the year. The Exchange explores startups, markets and money. But while the U.S. But while the U.S. In the U.S.,

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Revolution

SEPTEMBER 29, 2022

According to PitchBook , VC investments were down 30% in Q2 2022 compared with 2021, and IPOs hit a 50-year low. When deal-making slows, VC dollars typically favor the perceived market leader, starving other venture-backed businesses in the same space of capital.

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TechCrunch

FEBRUARY 9, 2023

Last year was a good 12 months of firsts for African tech startups. What drove such volumes when the rest of the world was reining back the collective enthusiasm of 2021? We need thousands of active investors that support the different startup stages, especially on the growth side, offering both equity and debt.”

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TechCrunch

JANUARY 12, 2023

Having local expertise in the category every VC wants to invest in right now doesn’t hurt, either. Plus, it has seen a homegrown success story in language learning app Duolingo , which went public at a nearly $4 billion valuation in 2021. billion — venture investors on the ground can feel the city’s potential. (I

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TechCrunch

FEBRUARY 7, 2022

Investment has also trickled down to Africa, with large checks going into growth-stage startups. In 2015, the three co-founders launched Kangpe, a telemedicine-focused startup in Nigeria with a “doctor in your pocket” slogan. The six-year-old startup said it has averaged a 3.5x African tech took center stage in 2021.

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TechCrunch

JANUARY 16, 2021

Israel’s startup ecosystem raised record amounts of funding and produced 19 IPOs in 2020, despite the pandemic. Subscribe to access all of our investor surveys, company profiles and other inside tech coverage for startups everywhere. Are there startups that you wish you would see in the industry but don’t? More than 50%?

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TechCrunch

FEBRUARY 13, 2021

This week, I covered Zeta, a new startup working on joint finances for modern couples. Other startups have taken notice too, entering the world of multiplayer fintech, a term that categorizes socially focused and consumer-friendly financial services. Data on startups is dreadful. techcrunch.com. Sign up here.

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Tomasz Tunguz

OCTOBER 3, 2022

There’s a prevailing narrative that the health of the Bay Area startup ecosystem faces challenges. San Francisco’s share of startup rounds by count has fallen from its perch ten years ago. In 2021, San Francisco Bay Area startups raised $126b. In 2019, US startups raised $126.4b.

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Tomasz Tunguz

AUGUST 1, 2022

How much value does a successful software startup create per dollar of venture investment? Over the last 30 years, a venture dollar invested in a successful US software startup generated $10 of value. In 2021, the figure topped 15 for the first time in ten years. Startups in the 90s raised less than $10m.

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TechCrunch

JANUARY 6, 2023

Market headwinds continue to dog startups chasing venture backing. That’s the top-level finding of a new PitchBook report that looked at VC trends toward the end of 2022, specifically Q4, including investments made at the seed, late-stage and nearing-the-exit levels.

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