venturecapital

venturecapital

The home for Farcasters to discuss all things venture capital and early stage finance.

Ben pfp

If you represent a venture capital fund and want an efficient way to stay on top of who the most promising startups are across the Farcaster ecosystem, DC me.

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rphgrc.base.eth ↑🔵🎩😺 pfp

rphgrc.base.eth ↑🔵🎩😺

One more explanation why crypto companies don't necessarily need a token. Not the point of this episode, but the topic naturally came about. https://open.spotify.com/episode/3EJMRBAK28MsrzzPjF1AK8?si=NxGibOeJQrCBofoOaMpmqg

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↑langchain 🎩 pfp

↑langchain 🎩

FF good bc they’re not sheep Not taking as many ambitious bets (imho) But they come with conviction

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rphgrc.base.eth ↑🔵🎩😺 pfp

rphgrc.base.eth ↑🔵🎩😺

unsure about the sources of this article but i'm NOT surprised, notably by the former : "cold LPs close at 3%, while prequalified LPs close at 40%"

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rphgrc.base.eth ↑🔵🎩😺 pfp

rphgrc.base.eth ↑🔵🎩😺

I still believe as an early stage (say, pre-seed) Fund I, you SHOULDN'T have reserves. ✅ Your goal is to raise Fund II 3 years later = show access, not return because pre-seed funds' tvpi are meaningless before years 6/7 when actual DPI *could* start kicking in, and default-dead startups die ✅ Reserves = DCA up = even bigger returns needed because your last check has produced no return yet Most of times pre-seed funds having reserves will put good money after bad. Solution: raise less for Fund I so that you only write checks to add new portcos, and raise Fund II on the back of showing access

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↑langchain 🎩 pfp

↑langchain 🎩

Everyone eating these days

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Diego pfp

Really recommend Gurley’s latest pod with Patrick O’Shaughnessy. One of the few who speaks clearly and cuts the BS. Loved the shoutout to crypto as a way to break the cycle of companies staying private forever. https://open.spotify.com/episode/3coA5PwQ1iz7mMxjctLNCA?si=imbTMieiQh23-Dmmnl29-w

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↑langchain 🎩 pfp

↑langchain 🎩

coalescing around the broader vc-backed trend stay private longer or get gobbled up by a tech company probably not actually good in the long term

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↑langchain 🎩 pfp

↑langchain 🎩

congratulations to the team and their investors :)

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↑langchain 🎩 pfp

↑langchain 🎩

Why backing technical founders is challenging - a lesson: https://x.com/peter_szilagyi/status/1932715607205564874?s=46&t=LUwp6CEG8bj71wefilcCmQ

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↑langchain 🎩 pfp

↑langchain 🎩

common theme in niche markets Unfortunately for “internet native” or CT specifically It turns out being a dick Isn’t bullish

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↑langchain 🎩 pfp

↑langchain 🎩

mostly true unless they have dedicated platform, R&D or other services it’s all just returns at the end of the day

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EulerLagrangodamus pfp

EulerLagrangodamus

This guy signed our fundraise docs https://youtu.be/zPMXs6WDX9Y?si=vxaHEZndISsYdjGU

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J Finn 🎩 pfp

the OGs of VC would definitely agree. a total shambles in its modern form compared to its roots https://www.openvc.app/blog/history-of-venture-capital

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David @SGV pfp

$CRCL venture investors were the real winners today: 2013 Series A @ $0.26 → 319x 2014 Series B @ $0.96 → 86x 2015 Series C @ $2.17 → 38x 2016 Series D @ $2.76 → 30x 2018 Series E @ $16.27 → 5.1x 2022 Series F @ $42.13 → 2x The big winners? Accel, Breyer, General Catalyst, and IDG.

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