We made a new investment in Cloze and really like founders Dan Foody and Alex Cote. More here.
Category: Technology and VC
Raising VC money: how to handle the VC partners’ meeting?
This is the fifth post in a Friday series on “raising VC money”. For the list of topics we are covering, click here. In this post, we’ll focus on “how to handle the VC partners’ meeting.” It is a unique meeting. It’s a smaller version of pitching the Supreme Court. So, you’ve done some research
Portfolio company Boundless raises $8MM
After some fantastic beta data, our company Boundless has decided to go for it. Venrock led the round. The company is offering free college text books to students. When the team first pitched us, we were amazed that only about 11% of a textbook’s price goes to the author. The rest funds various logistics, inventory
Top-secret VC economics and power unveiled
I wrote a little bit ago about how VCs get paid (more here). In particular, I wrote about the “management company” that exists at venture firms and which controls the money and power at those firms. A management company is essentially a “firm within a firm” and it’s details are often kept secret from partners
Raising VC money: how to handle VC due diligence?
This is the fourth post in a Friday series on “raising VC money.” For the list of topics we are covering, click here. In this post, we’ll focus on the topic: how to handle VC due diligence. So, you’ve come up with a short list of VCs (more here), you’ve asked for the meeting (more
The early-stage financing digestion problem
I entered the business in 1998, just as the Web 1.0 Bubble started to take hold. So, I don’t have the decades of VC experience many other VCs do, but I have seen quite a few macro and VC cycles. Also, at Kepha, we are laser-focused on early-stage VC, which we call “venture building.” Early