The funds from 2016-2019 are returning cash at a much slower pace, on average, than the funds from pre-2016. It’s getting in the way of future fundraising for the venture investors. “The pressure to send money to LPs is driving […]
I loved this explanation of the nuclear energy market and the technology advances nearing commercialization. “For the first time, this generation of reactors isn’t 100% government-funded and instead built by venture-backed startups.” | learn more
“Today, we are in a crisis. Silicon Valley’s best — our top operators, exited founders, and most powerful investors — are almost all on bad quests. Exiting your first startup only to enter venture capital and fight your peers for […]
“For a sample of 1,107 US-based VC-backed unicorns, 595 exited as of October 2022. At exit time, an average (median) unicorn was valued at $3.3 billion ($1.5 billion).” | learn more
Written by vc investors and Coinbase board members Katie Haun and Fred Wilson. “Web3 is a software-driven innovation that has a built-in financial system. This has been both a strength and a weakness.” | learn more
Basecamp cofounder takes a bite out of his unprofitable competitors in this recent blog post. “The venture capitalists who invested in Asana, Monday.com, and Smartsheet surely all made out like bandits when these unprofitable software companies went public. Now every […]
This post talks about 21st century defense contracting, and what it takes to succeed in this business. “Startups and venture capitalists want to win lucrative government contracts…. But success is limited for software-only companies.” | learn more
Fred Wilson highlights new data that overturns the conventional wisdom that one must invest in a top-quartile VC fund to generate good returns. He also shares his return multiples on personal fund investments since 2009. They range from 2-10x multiple […]
I’m only now learning about this Speiser’s approach – it’s fascinating! “Speiser currently has a roughly 20% hit rate of his companies achieving multi-billion dollar valuations.” | learn more
“Life comes at you fast: one moment you’re a media darling garnering all kinds of favorable coverage, raising millions upon million of dollars with investors “knocking down the door” and, the next, your pesky venture capitalists are pulling the plug […]