Tag: Entrepreneur
-
Early stage startups in New York continued to slog through the downturn in Q3. Average seed round size fell 16% from Q2, according to a new report from Primary Venture Partners. It’s Not the Summer Slump The funding market is highly seasonal. There are two big fundraising seasons — spring…
+
+
+
+
+
+
+ Entrepreneur, Finance, Investing, Money, New York, New York City, NYC, Small Business, Startups, Tech, Venture Capital+
+
+
+
+
+
+
+
+
+
+
+
-
Venture funding continued to fall in Q3, according to a new report from Pitchbook. VC funding was down 63% from the peak 2 years before, with just $73 billion closing in the latest quarter. It’s Bad, And It’s Getting Worse Funding fell even from Q2’s low level. Q3 funding was…
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
-
+
+
+
+
+
+
Sand Hill Road is packed with big name VC’s managing billions. But if you really want to make money, look elsewhere. That’s the conclusion of a new report from Pitchbook. Pitchbook analyzed hundreds of firms’ performance. Smaller firms outside Silicon Valley dominated the list: Here’s Pitchbook’s top 10: 1) Union…
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
-
+
+
+
+
+
+
“YC valuations are ridiculous, waaaah!” Every Investor Ever Demo Day came again last week at Y Combinator, and prices were predictably high. But consider the work that goes into Demo Day… The Long Road to Demo Day Over 20,000 companies applied for YC’s Winter 2023 batch. 282 were selected, a…
+
+
+
+
+
+
+ Entrepreneur, Finance, Investing, Money, SF, Silicon Valley, Startups, Venture Capital, Y Combinator+
+
+
+
+
+
+
+
+
+
+
+
-
+
+
+
+
+
+
As people come back to offices, the Bay Area vs. The Rest argument is back. So today, I thought I’d show you where I’m actually investing right now. I’ve invested in 26 startups in the last 28 months. Here’s where they’re located: SF: 5NYC: 4LA: 3Silicon Valley: 2Phoenix: 2Austin: 1Chattanooga,…
+
+
+
+
+
+
+ Entrepreneur, Finance, Investing, Money, NYC, Silicon Valley, Startups, Stock Market, Tech, Venture Capital+
+
+
+
+
+
+
+
+
+
+
+
-
+
+
+
+
+
+
“What’s your ratio of good investments to bad investments?” a friend asked me recently. It was a darn good question — so I dug into my secret spreadsheet to find out. Most startup investments don’t work out. But how many losses does it take to find a winner? Let’s dig…
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
-
+
+
+
+
+
+
“…in the bacon-and-egg breakfast of a startup, we were the chicken and the entrepreneur was the pig: We were involved, but she was committed.” Ben Horowitz, The Hard Thing About Hard Things Founders Lay It All on the Line We investors have the easy job. Write a check, shake the…
+
+
+
+
+
+
+ Entrepreneur, Finance, Investing, Management, Money, Reading, Silicon Valley, Small Business, Startups, Venture Capital+
+
+
+
+
+
+
+
+
+
+
+
-
+
+
+
+
+
+
“We have $20 million worth of LOI’s with major companies in the space.” Whenever I see a phrase like that, I roll my eyes. Letters of Intent (LOI’s) are one of a series of what I call “meaningless metrics.” They’re supposed to show that a startup is doing well, but…
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
-
+
+
+
+
+
+
Why do I love down markets? What do venture capitalists and Hasidic diamond merchants have in common? I dug into that and more at a great Q&A session recently with interns at Starta VC in NYC. Here are some of my favorite moments: 10:13: How pro rata rights work. 12:16:…
+
+
+
+
+
+
+ Entrepreneur, Finance, Investing, Money, Silicon Valley, Small Business, Startups, VC, Venture Capital+
+
+
+
+
+
+
+
+
+
+
+
-
+
+
+
+
+
+
Jim* had an interesting product, but I was having trouble following his pitch. He skipped from idea to idea and feature to feature, leaving me confused. Jim: “SaaSy is a sales tool for teams. Here’s the messages screen. This is where you go to book a meeting. We’re planning on…
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
Tremendous 