October 9, 2011 source: San Francisco Chronicle, SFGate
Venture capitalists have long been known to toss the occasional bone to an entrepreneur working 100-hour weeks on a meager startup salary. But we’re talking pay-down-the-mortgage money, not retire-on-a-private-island money. — Nat Goldhaber
Early payouts to startup execs a troubling trend
by James Temple, San Francisco Chronicle
An embarrassing e-mail that recently leaked onto tech blogs revealed that Airbnb’s latest venture capital round . . .
→ Read full post: Early payouts to startup execs a troubling trend
February 16, 2011 source: this guest blog post originally appeared on peHUB
There has been a lot of buzz around highflying companies allowing sales of their stock on secondary trading platforms. There have always been opportunities for individual secondary sales in private companies but nothing to match the current level of action. Before, occasional private party sales were allowed by company boards for purposes such as individuals buying a new house and funding . . .
→ Read full post: The Argument for the Secondary Market
Jamie Montgomery with Nat Goldhaber
On Wednesday September 15, my partners and I joined 22 of our portfolio companies and the Claremont Creek hosted speaker– investment bankers Jamie Montgomery, Eric Wagner, and Jason Yip– for our second Turbo Talks event this year. Turbo Talks refers to the gathering we created for our portfolio where we discuss timely topics of interest to many of them. During Turbo Talks, we get acquainted with each other and build . . .
→ Read full post: Turbo Talks: Insights Into IPOs and Mergers & Acquisitions
Randy Hawks, interviewed by reporter Tomio Geron for this article in the Wall Street Journal who believes that investors are more positive today. While many investors say they still invest at the same pace during a downturn, investor psychology is a factor, and it has improved recently, said Randy Hawks, managing director at Claremont Creek Ventures. “Maybe there’s been some lubrication because everyone feels more confident about the exit environment,” Hawks said. . . .
→ Read full post: “VCs Opened Their Wallets Wider In 2Q, But It’s All Relative”
The classical view of venture capital is that a VC invests in a company, grows it into revenue and breakeven, and then sells equity in it to the public in an IPO. The exit part is the VC’s can then sell their ownership interest in the startup to that public market of buyers as the company grows in value, or distribute their now-liquid shares to their limited partner investors to sell . . .
→ Read full post: What makes a good VC? — Exits
After making a venture investment and building value in the startup, in preparation for an exit. This is the operational part of the job — how do you help a startup succeed? . . .
→ Read full post: What makes a good VC? — Managing and Growing the Deal After Investment
This entry is part 3 of 5 in the series Who are those Guys? What makes a good VC?This is the very belated third installment of my running saga about what makes a good VC. I have previously laid out a framework for identifying the skills that make a good VC, in rough chronological order through the process. Each installment covers a stage: Finding Deals . . .
→ Read full post: What makes a good VC? — Executing an Investment