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How to Leverage Micro VC Funds to Build an Angel Portfolio

This is going to be BIG.

That’s the first thing anyone trying to raise a fund needs to understand, as well as anyone thinking about investing in one. The partner at the fund, the VC, gets to do the fun part—the meeting with founders, vetting deals, negotiating, helping, etc. Having a better overall portfolio of venture capital by adding funds into the mix.

VC 258
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What’s the Real Deal with AngelList?

Both Sides of the Table

I didn’t want to write it because I have mixed feelings about AngelList. Still, as a VC I value proprietary dealflow & long term relationships. I know it was over heated when a deal where I wrote one of the first checks on (as an angel, not VC) went out on AngelList. My personal use. My view for VCs.

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How would you break down the process of raising an angel round of investment in 5-10 steps?

Gust

With #1 – #3 under your belt, you should start preparing the components you will use to support your pitch to outside investors. A comprehensive list of things you might want is listed in the answer to What materials or software should I use to pitch a VC? , Now, and only now, are you prepared to start fundraising.

investing 164
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Making sense of Klarna

TechCrunch

“If I am buying some items and feel a bit unsafe about the merchant I’m using, if there’s a credit card, I don’t feel like I’m risking my money. Luckily, a mutual contact got wind that Sequoia was on the lookout for interesting companies in the region and Klarna’s name was promptly thrown into the mix.

investing 143
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Knowledge Is Power: Convertible Note Financing Terms, Part IV

Gust

In Parts II and III, we looked at commonly used mandatory and voluntary conversion language in convertible notes. Using our hypothetical numbers, assuming the notes have an 18-month term, the return would be $15,000 ( 15% ) – again nothing to write home about. Most would agree this is not a fair outcome.

finance 79
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“We are going to create the best environment for startups in Europe”

TechCrunch

Polo: One of the drivers of our work as the high commissioner is working with data and the data that we are using is that is the knowledge that the average startup lasts between three to five years — before it goes under or before it is acquired by another company. But also we have a more specific number in Spain. So that’s the focus.

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Making sense of Klarna

TechCrunch

“If I am buying some items and feel a bit unsafe about the merchant I’m using, if there’s a credit card, I don’t feel like I’m risking my money. Luckily, a mutual contact got wind that Sequoia was on the lookout for interesting companies in the region and Klarna’s name was promptly thrown into the mix.