Techstars and HBCUvc Launch 10-City Startup Weekend Tour to Promote Diversity in Entrepreneurship and Venture Capital

TechStars

October 2, 2019 – Techstars , the worldwide network that helps entrepreneurs succeed, and HBCUvc , a nonprofit fellowship program providing Black and Latinx students with training and mentorship in venture capital, today announced the launch of a joint 10-city Startup Weekend tour across the country.

How do venture capital firms determine when and how to help stalled or stuck portfolio companies?

SaaStr

Q: How do venture capital firms determine when and how to help stalled or stuck portfolio companies? The post How do venture capital firms determine when and how to help stalled or stuck portfolio companies?

What are the key differences between venture debt and venture capital?

SaaStr

Venture capital / equity is expensive. But … with few exceptions, it’s 100% risk capital. Venture debt is relatively cheap. But whatever the terms, venture debt is much, much cheaper than equity / venture capital.

How Bridge Rounds Work in Venture Capital: Messy, Full of Drama, and Not Without High Risk

SaaStr

I’ve watched many bridge rounds over time from a far, and took $500k in bridge capital at EchoSign myself when our seed round didn’t end up being quite enough to get us to the Series A. Simply put, it’s another round of venture financing from the same investors as the last round. Each bridge round requires a VC burning some political capital. If she/he has gone to another firm, there’s no political capital to spend.

How do corporate venture capital firms different from conventional venture capital firms?

SaaStr

A few like Salesforce Ventures and GV are an exception, but let me explain: Corporate VCs often do not write a “second check”. Again, this is less likely with Salesforce Ventures and GV, etc. The post How do corporate venture capital firms different from conventional venture capital firms? They aren’t as dependable. This doesn’t mean they are “worse”. It does mean be careful how you use them. This is issue #1.

The Decentralization of Venture Capital

Tom Tunguz

To thrive, venture capital firms must perform three things well: raise capital from limited partners, source companies to invest in, and pick the best opportunities. In the last decade, venture firms have experimented with decentralized sourcing. Decision-making in venture firm is a dark art. Non-consensus means investing in areas competitors aren’t yet so the valuations are more attractive because there is less capital supply.

Highlights from the 1Q19 Fenwick & West Venture Capital Survey

Kellblog

Every so often I post highlights from the quarterly Fenwick & West Venture Capital Survey , as much to share knowledge about the existence of the survey [1] as to share its current-quarter data.

How do venture capital general partners resolve investment choice disagreements? If a number of partners think a certain startup is a good portfolio candidate and others don’t agree, what happens?

SaaStr

The post How do venture capital general partners resolve investment choice disagreements? It varies. Generally: The most senior partners can get any deal done they want. Period. They make seek consensus, and may defer when they don’t get it. But in the end, they can do what they want.

We’re Overthinking Seed Round Signaling Effects

For Entrepreneurs with David Skok

Conventional wisdom, and advice, abounds: entrepreneurs should never include a venture firm in their seed round because it’ll scare other VCs off from pursuing the A. Getting Funded Entrepreneur Funding Raising capital seed deals Venture capitalThere is much hand wringing in the startup ecosystem about various forms of signaling between the seed and A rounds.

Which Open Source License Should Your Project Use if You Want to Raise Venture Capital?

Tom Tunguz

I was curious if there was any relationship between type of license used by startup commercializing open source software, and their ability to raise capital, and exit. However, looking at the chart above, we can see that Apache projects raise a disproportionate amount of capital, compared to their share of open-source projects. Developers chose the MIT license for 20% of code repositories, but commercial entities of MIT projects raised less than 1% of venture dollars.

The Coming Wave of Venture Capital and What It Means for Your Startup

Tom Tunguz

The second quarter of 2014 is the sixteenth largest by capital deployed sinced 1995, making it a top quartile quarter, but to break into the top five, that figure would need to triple. Which startup sectors should expect to benefit from this surfeit of capital? Each quarter, the National Venture Capital Association and Thomson Reuters gather data on the VC industry. Through the first six months of 2014, VCs have raised about as much as all of 2013.

Venture Capital for the Rest of Us

Mucker Capital

We took everything we learned in the preceding decades spent inside and outside the Valley and applied it to venture in L.A. If venture capital is only about finding brands and checking boxes, Silicon Valley has to be the easiest place in the world to be a VC.

Is Seed the new Series A? (Video + Transcript)

SaaStr

Since 2010 we’ve seen more startups, funds, and capital than ever before, but with this drastic increase, investors are seeing unexpected new trends reshaping the future of the industry. Pietro Bezza | Managing Partner @ Connect Ventures. Evgenia Plotnikova | Principal @ Dawn Capital.

How to calculate your total addressable market and make a great TAM slide for investors

For Entrepreneurs with David Skok

Getting Funded Startup Help Business Model Funding SaaS TAM TAM slide Total Addressable Market Venture capitalI’ve seen hundreds of startup pitch decks in my time at Matrix, and have found total addressable market (TAM) slides to be among the most frequently mis-executed. I get the sense they are often included as a formality in an attempt to get VCs to check a mental box and continue on hearing about other.

Podcast: How Venture Capital Will Change Your Business and How it Stacks Up Against Other Kinds of Funding, an Interview with Rand Fishkin of Moz

Divestopedia

Whether buying, selling or growing, you are going to deal with capital. Rand Fishkin explains what venture capital did for him, how it falls short in certain situations and what other types of capitalization you can use to pursue your business dreams

Connecting Women VCs: Building Community and a Better Future

TechStars

Our mission with the global directory of women in VC is to give women around the world the tools to better find each other, connect, and collaborate,” said Jessica Peltz-Zatulove, co-creator of the Women in VC directory and Partner at MDC Ventures. “We

Founders: Please don’t allow anyone to screw your early backers

The Angel VC

We’re trying hard to make venture capital a little more human , and we really mean it when we say that we aspire to be good VCs. financing vc venture capital

SaaS Funding Napkin, the 2017 edition

The Angel VC

As a reminder, in the original post I tried to give a "back of a napkin" answer to this question: What does it take to raise capital, in SaaS, in 2016? So, what does it take to raise capital, in SaaS, in early 2017? funding napkin saas software as a service venture capital

Avoiding the Ten-Year Stock Option Trap (and Other Stock-Option Considerations)

Kellblog

In addition, if you file a section 83b election within 30 days (and the grant was not in-the-money) then you pay no tax at exercise time and incur tax liability only when you eventually sell the shares, which if it’s more than a year away, results in long-term capital gains tax treatment [13].

Career Decisions: What To Look For In a Software Startup

Kellblog

In venture capital (VC) land, you should view investors as long-term partners in value creation. Say a company has consumed $50M in capital but has only $5M in ARR to show for it. Career Development Startups Strategy Uncategorized Venture Capital

The growing dissonance between two business models (SaaS and VC)

The Angel VC

For VCs, the question is how many of these companies can become large enough to make the (admittedly somewhat weird) business model of venture capitalists work. Not yet convinced that you shouldn’t raise venture capital? :) Let us know ! saas venture capital

Good CEO Habits: Proactively Update Your Board at the End of Every Quarter

Kellblog

Board CEO Startups Uncategorized Venture Capital communicationsI am surprised by how many startup CEOs leave the board hanging at the end of the quarter.

Appearance on the Twenty Minute VC: Financing Thoughts, The Private Equity Sales Process, and More

Kellblog

Today famed venture capital podcaster and now venture capitalist at StrideVC , Harry Stebbings , released a new episode of the Twenty Minute VC podcast with me as his guest. ( iTunes version here.).

Why I'm Advising Kelda

Kellblog

DevOps Entrepreneurship Startups Venture Capital Berkeley CI/CD Kubernetes MicroservicesA few months ago I signed up to be an advisor to Kelda , and I thought I’d do a quick post to talk about the company and why I decided to sign up. What is Kelda? Kelda provides developer sandboxes in a customer’s cloud within their Kubernetes cluster. Why does this matter? The world is moving to cloud computing at a rapid place.

Cloud 42

What makes fundraising so stressful?

The Angel VC

More often than not, raising venture capital is a huge distraction for the founding team. If you are a founder or CEO and have raised venture capital it would be awesome if you could participate in the survey. fundraising typeform venture capital

Building any business is hard

The Angel VC

For most companies which didn't raise venture capital this is completely irrelevant. saas venture capitalJudging from the number of Facebook likes and retweets, as well as comments on Twitter and elsewhere, my last post resonated with quite a lot of people.

The Red Badge of Courage: Helping Overachievers to Manage and Process Failure

Kellblog

” Career Development Management Recruiting Startups Venture Capital failure

Whose Company Is It Anyway? Differences between Founders and Hired CEOs.

Kellblog

However, as soon as a founder/CEO raises venture capital (VC) they have decided to take investing partners along on the journey. In most venture-backed firms, a hired CEO will find a board consisting of several different venture capital partners, each with their own opinion. Even though most venture boards do end up with an Alpha member [11], it’s still hard for the CEO to get confused and think of the Alpha member as the boss.

The Two Dimensions of Startup Performance

Kellblog

They run out of money.” — Don Valentine, Sequoia Capital. Leadership Management Startups Strategy Uncategorized Venture Capital moribund stars stuck unbridled

Is Another SaaSacre In The Offing?

Kellblog

IPO Randomness SaaS Uncategorized Venture Capital Rule of 40 SaaSacre

Introducing Jenny Buch, Talent Manager at Point Nine

The Angel VC

hr point nine recruiting venture capitalOnce a startup has released the first version of its product, raised some funding, started to get the word out and is getting some traction, the biggest challenge almost always becomes hiring.

Video of my SaaStr 2019 Presentation: The Five Questions Startup CEOs Worry About

Kellblog

CEO Competition Leadership Management SaaS SaaStr Strategy Venture CapitalA few days ago, Jason Lemkin from SaaStr sent me a link to the video of my SaaStr Annual 2019 conference presentation, The Five Questions Startup CEOs Worry About.

Should you take small checks from deep pockets?

The Angel VC

For entrepreneurs, more VCs investing into seed rounds means easier access to capital. vc venture capital

Are You Counting Payments as Renewals?

Kellblog

Most investors believe you could better maximize ARR by simply raising more capital and sticking with annual payments. Uncategorized Venture Capital SaaS Startups Metrics churn Retention net dollar retention gross dollar retention payment vs. renewal

Lessons from Christoph Janz and Nick Franklin at Mogul I/O Berlin

Chart Mogul

Our own Nick Franklin spoke to Christoph Janz of Point Nine Capital at the fourth edition of our inaugural event series, held in Berlin at Point Nine's headquarters. Participants: Christoph Janz ( @chrija ) — Managing Partner, Point Nine Capital. Events events mogul i/o venture capita

A toast to all the great ones that we've missed

The Angel VC

Its meaning is described very well on Bessemer's website , and because it's so hilarious I want to quote it in its entirety: "Bessemer Venture Partners is perhaps the nation's oldest venture capital firm, carrying on an unbroken practice of venture capital investing that stretches back to 1911.

Good VCs, bad VCs

The Angel VC

Inspired by Ben Horowitz’ excellent “Good product managers, bad product managers” post and Stefan Smalla’s “Good leader, bad leader” masterpiece I’ve tried to put together my thoughts on what I think makes a great venture capital investor. venture capital