Venture Capital Is Changing ….Again
That Was The Week 2021, #19
By Keith Teare • Issue #19 • View online
Back in the day, Venture Capital was simple. Raise a fund, pick the best startups and invest in the A round, follow on at the B and C, when revenue gets to a certain point (a variable) go and do an IPO, possibly preceded by a mezzanine round. Exit and go again. Not any more.
Contents
- How to Play the Venture Game
- The Steve O’Hear Story
- Understanding China
- Crypto Currencies and the Blockchain Ecosystem
- SPACs Tested
- Startup of the Week
- Tweet of the Week
Editorial
A more personal editorial this week.
Back in the day, Venture Capital was simple. Raise a fund, pick the best startups and invest in the A round, follow on at the B and C, when revenue gets to a certain point (a variable) go and do an IPO, possibly preceded by a mezzanine round. Exit and go again. Not any more.
There was one type of entity at the time, a venture capital fund. And startups had one place to go, Sandhill Road in Menlo Park, California.
