SaaStr

JANUARY 28, 2019

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.

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Venture Capital Investment Strategy 100

Kellblog

MAY 8, 2019

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.

Venture Capital 78

Venture Capital Finance Pricing Cloud 78

Tom Tunguz

MAY 22, 2016

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.

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Venture Capital Investment Startup Business 103

Tom Tunguz

JULY 22, 2017

Just where is the US venture market relative to the rest of the world? The chart above shows the compound annual growth rate of venture investment rounds A through D in ten fastest growing venture markets plus the US from 2010-2016. It’s wonderful to see the expansion of venture capital across these geographies and especially at very healthy growth rates. This chart illustrates the depth of the capital pool available to startups.

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Venture Capital Development Investment Marketing 100

For Entrepreneurs with David Skok

SEPTEMBER 25, 2018

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.

Venture Capital 345

Venture Capital Startup 345

Tom Tunguz

JUNE 18, 2015

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.

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Venture Capital Software Acquisition Startup 100

Tom Tunguz

JULY 22, 2014

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.

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Venture Capital Investment Trends Banking 100

The Angel VC

NOVEMBER 8, 2018

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

Venture Capital 198

Venture Capital Finance Investment Pricing 198

For Entrepreneurs with David Skok

DECEMBER 6, 2017

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.

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Venture Capital Business Model Marketing Business 158

The Angel VC

JANUARY 10, 2017

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

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Venture Capital AI Machine Learning Benchmarks 273

The Angel VC

MAY 17, 2017

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

Business Model 197

Business Model Venture Capital Business Investment 197

The Angel VC

OCTOBER 13, 2015

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

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Venture Capital Banking Startup Investment 188

The Angel VC

MARCH 11, 2016

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.

Business 215

Business Venture Capital Startup Scaling 215

The Angel VC

SEPTEMBER 30, 2015

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.

Management 203

Management Venture Capital Leadership Startup 203

Point Nine Land

MAY 6, 2019

saas venture-capital startupA few tips to unlock virality and maintain low CACs at scale At Point Nine, we’ve been fortunate enough to invest in about half a dozen companies building products that are intrinsically viral (or have a built-in growth mechanism in their product).

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Venture Capital Acquisition Social Media Communication 69

The Angel VC

SEPTEMBER 18, 2016

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

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Venture Capital Investment Finance Benchmarks 194

The Angel VC

DECEMBER 12, 2018

planning saas venture capitalA couple of years ago I wrote a post titled “How fast is fast enough?”. The subtext of the question was “How fast do you have to grow if your ambition is to get to $100M in ARR and build a very large company”. It’s an important question, as your target growth rate determines your hiring plan, budget, and fundraising strategy.

Venture Capital 104

Venture Capital Headcount Forecasting Churn 104

The Angel VC

NOVEMBER 1, 2014

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

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Venture Capital Investment Finance Benchmarks 239

The Angel VC

DECEMBER 12, 2014

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.

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Venture Capital Investment Business Marketing 191

The Angel VC

JUNE 3, 2015

Today we’ve announced Point Nine Capital III, our new €55M fund. Investors in PNC III include institutional investors like Horsley Bridge Partners , Sapphire Ventures , Flossbach von Storch and Vintage Investment Partners as well as a number of highly successful Internet entrepreneurs.

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Venture Capital Investment Finance Innovation 196

The Angel VC

APRIL 30, 2015

due diligence funding saas software as a service venture capitalThe founder of a portfolio company recently asked me what kind of numbers and other material he'll need when he goes into his next round of fundraising.

Venture Capital 197

Venture Capital SMB Enterprise Metrics 197

Point Nine Land

JANUARY 25, 2019

saas series-a seed-investment marketplaces venture-capitalThe Journey to Series A?—? a look at our “Seed-to-A conversion rate” If you’d like to be notified of our next posts you can subscribe to our newsletter.

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Venture Capital Finance Startup Investment 77

The Angel VC

JANUARY 17, 2014

Yesterday I saw this post on the blog of Karlin Ventures. In response to a tweet by Paul Graham which was highlighted in Danielle Morrill's excellent Mattermark Daily newsletter, the guys at Karlin Ventures revealed the "days since last contact" numbers for their portfolio.

Metrics 187

Metrics Venture Capital Communication Startup 187

Point Nine Land

MARCH 7, 2019

There is no one-size-fits-all answer to the question, as the right timing depends on a couple of factors, including how much capital you’ve raised, how fast you’re growing, and if one of the founders has prior experience with or a talent for financials. Jason M.

Venture Capital 69

Venture Capital Forecasting Finance Pricing 69

Chart Mogul

JUNE 8, 2018

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

Venture Capital 86

Venture Capital B2B Metrics Startup 86

The Angel VC

MAY 8, 2015

Mamoon Hamid of Social+Capital has coined the term "Quick Ratio" for the ratio between added MRR and lost MRR, and he's looking for companies with a Quick Ratio of > 4. financial plan saas software as a service venture capital

Venture Capital 165

Venture Capital Churn Acquisition Benchmarks 165

The Angel VC

SEPTEMBER 28, 2015

This power law distribution of venture returns, which Peter Thiel has spoken about extensively , is what makes it almost impossible to return a large fund without hitting one or more outliers. According to Aileen Lee’s research , only 0.14% of venture-backed tech startups become unicorns.

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Venture Capital Investment Finance Startup 152

The Angel VC

OCTOBER 23, 2015

It's venture capital but I have the feeling no VC will take risks. Finding people who understand the business and can support / advise us going forward, vs. wasting time talking to people who don't understand the venture potential of the business." founders infogram survey typeform venture capitalLast week I wrote a post titled “What makes fundraising so stressful?” and asked founders to tell me which parts of the fundraising process suck.

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Venture Capital Investment Startup Business 144

Kellblog

MARCH 30, 2019

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

Startup 83

Startup Forecasting Venture Capital Consulting 83

Kellblog

APRIL 1, 2019

IPO Randomness SaaS Uncategorized Venture Capital Rule of 40 SaaSacre

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Venture Capital Pricing Cloud Revenue 76

Point Nine Land

JANUARY 30, 2019

It was clearly a huge barrier to entry as not every startup could build and maintain such infrastructure (capital intensive + scarcity of talents). entrepreneurship saas venture-capital startup ai

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AI B2B Education Software 65

The Angel VC

JUNE 9, 2013

If you're new to the world of venture capital, LP is short for "Limited Partner" and means the people and funds which have invested in our fund. investing kpis metrics vc venture capital

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Venture Capital Investment Finance Metrics 180

The Angel VC

FEBRUARY 23, 2014

investing point nine saas software as a service venture capitalMore than two years ago I wrote about what we look for in early-stage SaaS startups.

Venture Capital 175

Venture Capital Investment Startup Enterprise 175

Chart Mogul

NOVEMBER 6, 2017

In the business world, the term generally refers to: “Financing and growing your business without the need for external assistance in the form of capital investment.” The growing divide between SaaS and venture capital.

Venture Capital 80

Venture Capital Startup Travel B2B 80

Kellblog

FEBRUARY 26, 2019

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.

Venture Capital 56

Venture Capital Startup Leadership Management 56

The Angel VC

DECEMBER 16, 2014

dashboard reporting saas metrics venture capitalWhen we start to work with a new portfolio company, one of the things we always suggest is that in addition to (sometimes lots of ) ad hoc communication via eMail, Skype, Basecamp, etc. we set up a standing meeting or call, at least during the first 9-12 months following our investment. Typically it's a one-hour monthly call, and the purpose of these calls is to get us updated and to talk through current issues.

Venture Capital 136

Venture Capital Communication Investment Metrics 136

The Angel VC

FEBRUARY 20, 2013

Last week we announced the closing of our new fund, Point Nine Capital II. micro vc point nine vc venture capital

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Venture Capital Investment Startup Management 163

Kellblog

MARCH 4, 2019

Here are the slides : Uncategorized Venture Capital SaaS Strategy Startups Metrics LeadershipI’ve been making a few presentations lately, so I thought I’d share the slides to this deck which I presented earlier this week at the All Hands meeting of a high-growth SaaS company as part of their external speaker series.

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Venture Capital Software Sales Marketing 58

Point Nine Land

JANUARY 16, 2019

venture-capital bootstrap entrerpreneurship saasFour Types of #SaaS Bootstrappers Before you jump in the comment section with your (Tesla) flamethrower to burn my “clickbait title”, let me share some context.

Finance 52

Finance Venture Capital Education Startup 52

Point Nine Land

DECEMBER 12, 2018

financing venture-capital saas startupA couple of years ago I wrote a post titled “How fast is fast enough?”. The subtext of the question was “How fast do you have to grow if your ambition is to get to $100M in ARR and build a very large company”.

Headcount 57

Headcount Venture Capital Forecasting Churn 57

Point Nine Land

JANUARY 17, 2019

Hi there, we’re Point Nine Capital a VC firm focused on SaaS and marketplaces. Another aspect to keep in mind is that recessions are usually very fruitful periods in venture. 2018 already paved the way for a number of tokenized fund launches such as Blockchain Capital and SPiCE VC.

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Venture Capital SMB Blockchain Trends 52

Kellblog

MARCH 6, 2019

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

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Deferred Revenue Venture Capital Banking Retention 65

Point Nine Land

DECEMBER 14, 2018

as Rory O’Driscoll of Scale Venture Partners explained in this post , growth rates almost always decrease with increasing absolute numbers. growth tech saas unicorns venture-capitalI Googled “100 unicorns”. This is what I got.

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Revenue Venture Capital Subscription Data 52