Comments on: Seed investments from big VCs http://www.theequitykicker.com/2009/10/13/seed-investments-from-big-vcs/ Nic Brisbourne's view from London on venture capital and exploiting change in technology and media Sat, 11 Feb 2012 20:08:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: brisbourne http://www.theequitykicker.com/2009/10/13/seed-investments-from-big-vcs/#comment-6388 brisbourne Fri, 16 Oct 2009 15:46:21 +0000 http://www.theequitykicker.com/2009/10/13/seed-investments-from-big-vcs/#comment-6388 You are right that the only reason big funds make seed investments is so they have a good shot at the Series A if they want it - whether documented or not - and will get prickly if denied. That will make it rough for founders and may well be a situation best avoided. You are right that the only reason big funds make seed investments is so they have a good shot at the Series A if they want it – whether documented or not – and will get prickly if denied. That will make it rough for founders and may well be a situation best avoided.

]]> By: rafer http://www.theequitykicker.com/2009/10/13/seed-investments-from-big-vcs/#comment-6387 rafer Fri, 16 Oct 2009 13:38:26 +0000 http://www.theequitykicker.com/2009/10/13/seed-investments-from-big-vcs/#comment-6387 Maybe "There is no right and wrong here" from the VC point of view. From the founder POV, it's all wrong. <br><br>Regardless of what's pre-negotiated, I've never had a smooth time transitioning big-fund seed rounds into the next financing. An ex post facto demand for super pro rata rights is almost universal. Maybe “There is no right and wrong here” from the VC point of view. From the founder POV, it's all wrong.

Regardless of what's pre-negotiated, I've never had a smooth time transitioning big-fund seed rounds into the next financing. An ex post facto demand for super pro rata rights is almost universal.

]]> By: brisbourne http://www.theequitykicker.com/2009/10/13/seed-investments-from-big-vcs/#comment-5951 brisbourne Fri, 16 Oct 2009 09:46:21 +0000 http://www.theequitykicker.com/2009/10/13/seed-investments-from-big-vcs/#comment-5951 You are right that the only reason big funds make seed investments is so they have a good shot at the Series A if they want it - whether documented or not - and will get prickly if denied. That will make it rough for founders and may well be a situation best avoided. You are right that the only reason big funds make seed investments is so they have a good shot at the Series A if they want it – whether documented or not – and will get prickly if denied. That will make it rough for founders and may well be a situation best avoided.

]]> By: rafer http://www.theequitykicker.com/2009/10/13/seed-investments-from-big-vcs/#comment-5949 rafer Fri, 16 Oct 2009 07:38:26 +0000 http://www.theequitykicker.com/2009/10/13/seed-investments-from-big-vcs/#comment-5949 Maybe "There is no right and wrong here" from the VC point of view. From the founder POV, it's all wrong. <br><br>Regardless of what's pre-negotiated, I've never had a smooth time transitioning big-fund seed rounds into the next financing. An ex post facto demand for super pro rata rights is almost universal. Maybe “There is no right and wrong here” from the VC point of view. From the founder POV, it's all wrong.

Regardless of what's pre-negotiated, I've never had a smooth time transitioning big-fund seed rounds into the next financing. An ex post facto demand for super pro rata rights is almost universal.

]]> By: chrispadfield http://www.theequitykicker.com/2009/10/13/seed-investments-from-big-vcs/#comment-5946 chrispadfield Thu, 15 Oct 2009 13:02:59 +0000 http://www.theequitykicker.com/2009/10/13/seed-investments-from-big-vcs/#comment-5946 There is however a big difference between other investors who have access to the same information as you do, and an investor who has worked with the company for a year. The later not investing - is very different than just another VC turning down the deal. There is however a big difference between other investors who have access to the same information as you do, and an investor who has worked with the company for a year. The later not investing – is very different than just another VC turning down the deal.

]]> By: chrispadfield http://www.theequitykicker.com/2009/10/13/seed-investments-from-big-vcs/#comment-5945 chrispadfield Thu, 15 Oct 2009 13:01:02 +0000 http://www.theequitykicker.com/2009/10/13/seed-investments-from-big-vcs/#comment-5945 There are also not that many VCs with big enough funds to do A-rounds as put options; the amount of money is too large. There are also not that many VCs with big enough funds to do A-rounds as put options; the amount of money is too large.

]]> By: Flow » Blog Archive » Daily Digest for October 14th - The zeitgeist daily http://www.theequitykicker.com/2009/10/13/seed-investments-from-big-vcs/#comment-5939 Flow » Blog Archive » Daily Digest for October 14th - The zeitgeist daily Wed, 14 Oct 2009 09:50:55 +0000 http://www.theequitykicker.com/2009/10/13/seed-investments-from-big-vcs/#comment-5939 [...] Shared Seed investments from big VCs. [...] [...] Shared Seed investments from big VCs. [...]

]]> By: Today’s Startup and Entrepreneurial Updates | CenterNetworks http://www.theequitykicker.com/2009/10/13/seed-investments-from-big-vcs/#comment-5937 Today’s Startup and Entrepreneurial Updates | CenterNetworks Tue, 13 Oct 2009 20:08:56 +0000 http://www.theequitykicker.com/2009/10/13/seed-investments-from-big-vcs/#comment-5937 [...] Seed investments from big VCs – The Equity Kicker [...] [...] Seed investments from big VCs – The Equity Kicker [...]

]]> By: Aspect Investments http://www.theequitykicker.com/2009/10/13/seed-investments-from-big-vcs/#comment-5938 Aspect Investments Tue, 13 Oct 2009 19:34:00 +0000 http://www.theequitykicker.com/2009/10/13/seed-investments-from-big-vcs/#comment-5938 Just because one VC decides not to invest does not mean the start up will not secure venture capital from another company. Some of our investments have been passed over by other investors, but that does not mean we will pass them over too. We judge each investment on its merits, not on whether some other company has knocked it back. We are confident in our investments and if the proposition meet our criteria then we will invest in it. Just because one VC decides not to invest does not mean the start up will not secure venture capital from another company. Some of our investments have been passed over by other investors, but that does not mean we will pass them over too. We judge each investment on its merits, not on whether some other company has knocked it back. We are confident in our investments and if the proposition meet our criteria then we will invest in it.

]]> By: brisbourne http://www.theequitykicker.com/2009/10/13/seed-investments-from-big-vcs/#comment-5936 brisbourne Tue, 13 Oct 2009 17:41:53 +0000 http://www.theequitykicker.com/2009/10/13/seed-investments-from-big-vcs/#comment-5936 I agree, data would be interesting. The key difference between seed and series A is of course the weight of money. Most angels don't have the capacity to play at series A making VC the only choice. I agree, data would be interesting. The key difference between seed and series A is of course the weight of money. Most angels don't have the capacity to play at series A making VC the only choice.

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