Remove investment-terms
article thumbnail

5 Key Data Points about the Early Venture Market in Q1 2022

Tom Tunguz

The term sheets signed in November and December closed in Q1, which may buoy these figures. 100m post is consistent with what I’ve seen in the market for the most sought-after investments. Web3 deals represented more than 11% of investments, the largest share, superseding fintech and healthcare. Seed has become the new A.

Data 239
article thumbnail

Virtual Data Rooms: The Unsung Hero of Biotech Financing

Andreessen Horowitz

Together, these documents will help distill not only your vision for the current fundraise, but more broadly the long-term differentiation and trajectory of your company. How is the company’s go-forward budget split across platform investments and program-specific spend? key in vivo data results).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Five Mid-Year Predictions for Web3

Tom Tunguz

AAA gaming titles arrive two to three years later because of their development lifecycles and studio risk aversion to invest tens of millions into a new platform. VCs revel in the short term liquidity reminiscent of the late 1990s when startups went public in fewer than 4 years. Money pours into web3. Regulation.

Banking 252
article thumbnail

To Really Scale, You Need $1M on Your Balance Sheet for Every $2M in ARR

SaaStr

But … still … the sales team’s commissions consume cash in the very, very short term. And here, they just couldn’t safely invest. If I’d had $5m+ on the balance sheet, I would have made far, far more investments. It will destress all your investments. Do that if you can.

Scale 337
article thumbnail

Why the Future of Customer Success, Sales and Marketing Has Changed For Good: Ask-Me-Anything Part 2 with SaaStr CEO and Founder Jason Lemkin

SaaStr

Q: How do you stand out in terms of customer acquisition against large competitors who aren’t incorporating AI? A seed stage founder of a construction tech company at $1.5M If you haven’t been through an IPO live, there are not that many people who invest in IPOs outside of the frothy times. The market wants it.

Scale 230
article thumbnail

Instacart

Andreessen Horowitz

Investing in Instacart was perhaps the hardest decision I had to make as a venture capitalist. And by the time we saw the pitch, they already had multiple term sheets. a16z has long had an investment theory that we should invest behind strengths of a business model and opportunity, not lack of weakness. Has it been easy?

article thumbnail

How To Keep Your Customers For a Decade. Or Longer.

SaaStr

I know some VCs will take shots at this statement, and I mean it more as a construct than a reality. But if you are thinking in terms of Decade Long Relationships … put sales and even customer success back on lost customers. Customers invest in not just products, but relationships. Invest like that. Not Always.

Scale 348