The Andreessen-Horowitz (A16Z) story is little short of amazing. In the traditionally slow moving world of venture capital they have gone from standing start to raising $4bn across three funds in 5 years – Summit Partners, an older highly successful later stage VC took 15 years to achieve the same feat. In addition to raising money [...]
In June I shared some CBInsights data on investment into London startups through Q1 under the headline London: A startup ecosystem in the making. This week TechCrunch published Crunchbase data for the whole of the UK showing a similarly strong picture.
Success begets success in the startup world and these investment figures wouldn’t be happening if [...]
Business Insider just published an infographic showing the Ten companies that control nearly everything we eat and their sub brands. Eyeing the list I was struck that there are no new companies there. Digging into it a bit further it turns out that the average age of these companies is 107 (and that’s taking the [...]
There were two Tweets about satellites in my newsfeed this morning. Usually there aren’t any.
The first was an Economist article about nano-satellites describing how satellites are getting smaller and cheaper. Remember what that did to the computer market? We could well be on the brink of something similarly transformational in satellites. Nano-satellites weigh as little [...]
Last week I wrote that a $1m revenue run rate and 20% month-on-month growth is a good benchmark to assess whether a transactional company is ready for a Series A, and then over the weekend I had a conversation on Twitter about whether investing in companies with a $1m revenue run rate was ‘venture’ capital [...]
Entrepreneurs are always asking us when we think their company will be strong enough to pull off a good Series A, which you can think of as $1-2+m Series A at at least a $3m pre-money. Every company is different and there are as many exceptions as companies that follow the rules but if your company sells [...]
It’s great to see the London startup ecosystem progressing like this. It would be even better if we were posting regular record quarters in funds raised and the number of deals done wasn’t flat Q1-Q2, but this data is very encouraging. Another year of similar growth and things will be very exciting…
There’s a breakdown of [...]
Mike Maples (pictured above) is a prominent upcoming Valley VC whose instincts include Twitter and Lyft. At a Pando event last night he said:
The best VCs I’ve seen in the business act as if they’re working with a strong founder.
Amen to that.
VentureBeat just published a high level analysis of the US VC industry in 2013. It’s based on Pitchbook data. Here are the key points:
Total exits were a whopping $56.5bn Hot IPO markets were a key driver – 107 companies listed, the most since 2007 M&A was down – presumably because companies went public [...]
Yesterday CBInsights published an analysis of Andreessen Horowitz’s investments. From our perspective as ecommerce seed investors the industry split was the most interesting chart because ecommerce was on top.
The chart above is for all their seed investments since 2010 and is a firm vote for ecommerce, although it would be interesting to [...]