Tech

A dad-and-son cybersecurity firm impressed investors with its ‘unique’ software that plays a kind of hide-and-seek with hackers

CryptoMove, a cybersecurity startup led by a father-and-son team, just raised $US6 million in a Series A funding round. The round was led by Social Capital, a venture capital firm founded by ex-Facebook executive Chamath Palihapitiya. Social Capital was intrigued by CryptoMove’s approach to security, which protects corporate data in […]
A dad-and-son cybersecurity firm impressed investors with its ‘unique’ software that plays a kind of hide-and-seek with hackers
US

Here’s Why You Should Always Invest In Your Friends’ Startups

Kevin Colleran, a venture partner at General Catalyst Partners, missed out on investing in car service company Uber, even though one of his friends was chairman of the startup. Watch Colleran, who was also an early Facebook employee, share his rules about investing in startups founded by friends at a […]
Here’s Why You Should Always Invest In Your Friends’ Startups
Strategy

Founders And VCs Reveal 25 Books Every Entrepreneur Should Read

The most successful VCs and company founders are constantly learning. That’s why we’ve rounded up the favourite, career-shaping books of well-known entrepreneurs and venture capitalists, from Amazon’s Jeff Bezos to Microsoft founder Bill Gates. The business leaders who picked them call these books revelatory, inspirational, and intelligent. From Ayn Rand’s […]
Founders And VCs Reveal 25 Books Every Entrepreneur Should Read
Strategy

7 Bold Predictions For 2013 From The World’s Top VCs

[credit provider=”statigr.am/stephtadeath” url=”http://statigr.am/p/345266454138423784_8039577″] A year ago, few would have predicted that a pre-revenue company could have been acquired for $1 billion, or that start-ups in the middle of the country would have access to Internet 100 times faster than the rest of the country, or that Groupon, once the world’s fastest-growing company with the highest […]
7 Bold Predictions For 2013 From The World’s Top VCs
Tech

This VC Predicts Massive Changes Will Wipe Out The Big Software Makers

[credit provider=”Emergence Capital” url=”http://www.emcap.com/people/kevin-spain”] Enterprise VC Kevin Spain is excited when he looks at the today’s tech landscape.Spain has spent the last six years as a general partner for Emergence Capital Partners, which invests exclusively in enterprise startups, preferably at the seed stage.
This VC Predicts Massive Changes Will Wipe Out The Big Software Makers
Tech

Celebrity Startups Are So Hot, This Tech-Focused PE Firm Just Bought Part Of A Talent Agency

[credit provider=”Michael Loccisano/Getty Images” url=”http://www.gettyimages.com/detail/news-photo/singer-taylor-swift-arrives-at-the-2009-mtv-video-music-news-photo/90712022″] What startup wouldn’t want a big name celeb like Taylor Swift, Queen Latifah, or Jude Law to invest in the company and then become a spokesperson?That’s the kind of celebrity/tech matching clout that private equity firm Silver Lake bought for itself.
Celebrity Startups Are So Hot, This Tech-Focused PE Firm Just Bought Part Of A Talent Agency
Tech

A Non-Tech Person’s Guide To The Tech Bubble—And Why There ISN’T A Tech Bubble

[credit provider=”Flickr/Clearly Ambiguous” url=”http://www.flickr.com/photos/clearlyambiguous/30520332/”] A lot of people seem convinced that we’re in a tech bubble, and since Facebook bought Instagram for $1 billion, that idea has broken into the mainstream. The reality is we’re not in a tech bubble. As an analyst with Business Insider Intelligence, Business Insider’s internet market […]
A Non-Tech Person’s Guide To The Tech Bubble—And Why There ISN’T A Tech Bubble
Tech

The Most Depressing Thing We Heard A VC Say This Week

[credit provider=”Illustration: Ellis Hamburger”] We were invited recently to a shindig put on by a prominent European fund (the whole thing was semi-secret, which is why we’re keeping mum on who/when/where) where we met tons of exciting entrepreneurs and plenty of interesting investors. But we also heard something utterly depressing. A […]
The Most Depressing Thing We Heard A VC Say This Week
Tech

This Early Netscape Engineer Just Shredded Mike Arrington And VCs Who Get Rich Watching Startup Employees Burn Out Working Insane Hours

[credit provider=”TechCrunch”] Jamie Zawinski, an early engineer at Netscape, has written a takedown of Michael Arrington, and other venture capitalists who push startup employees to work devestating hours to build a company under the auspices of getting rich and changing the world.Over the weekend Arrington wrote a blog post titled, […]
This Early Netscape Engineer Just Shredded Mike Arrington And VCs Who Get Rich Watching Startup Employees Burn Out Working Insane Hours
Strategy

Founders And VCs Reveal 21 Books Every Entrepreneur Should Read

[credit provider=”By davidkelkjerud on Flickr” url=”http://www.flickr.com/photos/davidkjelkerud/5803939122/in/[email protected]/”] We’ve polled everyone from First Round Capital’s Charlie O’Donnell to Steve Blank and Brad Feld in the past few years, and they told us what books have shaped their careers. From Malcolm Gladwell’s “Blink” to Robert Pirsig’s “Zen and the Art of Motorcycle Maintenance,” these books […]
Founders And VCs Reveal 21 Books Every Entrepreneur Should Read
Tech

Here’s Why You Never Ask A Busy Person To Lunch

[credit provider=” Office of Governor Patrick via Flickr” url=”http://www.flickr.com/photos/massgovernor/4541336293/”] OK. I know with a title like that I’m going to subject myself to people thinking I’m just being a grumpy, exclusive VC. That’s not the point. It’s honest advice so please judge once you’ve read the post. I’ll keep it […]
Here’s Why You Never Ask A Busy Person To Lunch
Tech

What We Are Seeing

The Wall Street Journal has a story out today that says “Web Startups Hit Cash Crunch.” There has been a fair bit of reaction in the tech blogs and I thought I’d toss into the discussion some things we are seeing:
What We Are Seeing
Tech

Beer Kegs And The Future Of Venture Capital: What It Means For Entrepreneurs

Last September I wrote a post outlining my view of the venture capital industry: increasingly evolving like the beer industry as it continues to mature. Large VC firms resemble Budweiser-type macrobrews, competing based on scale and brand with a standardized product across multiple geographies, sectors, and stages. And much like the emergence […]
US

How To Find A “Damn!” Startup

Phin Barnes is a principal at First Round Capital, a venture capital firm that backs some of today’s buzziest startups, like Fab, Uber, Turntable.fm and GroupMe.
How To Find A “Damn!” Startup
Tech

The Problem With Collecting Logos At Startups

Collecting logos. It seems to be all the fad in the startup and VC world these days. VCs are paying up at enormous prices to say that they have GroupOn, Facebook and Twitter on their roster irrespective of whether they really venture funded them or bought in late stage.
The Problem With Collecting Logos At Startups
Tech

Debunking A Small VC Myth

[credit provider=”The Associated Press”] There’s a small myth in startupland that goes something like this: VCs invest other people’s money, Angels invest their own money.
Debunking A Small VC Myth
Tech

Facebook Investor Wants Flying Cars, Not 140 Characters

[credit provider=”Esther Dyson” url=”http://www.flickr.com/photos/edyson/2226576418/”] Founders Fund, the VC firm whose highest-profile investment is Facebook, has published a manifesto of sorts, called “What Happened To The Future?”The content will be familiar to anyone who’s been following Founders Fund co-founder Peter Thiel: it complains that the rate of technological innovation is slowing, […]
Facebook Investor Wants Flying Cars, Not 140 Characters
Tech

Beware Of arsehole VCs

Before Foundry makes an investment we perform extensive due diligence. We meet with various company managers, talk to other people in industry to get their take, call current and prospective customers, exercise our own network of contacts to get background on the idea and team, perform reference checks on key […]
Beware Of arsehole VCs
US

The 10-Year Shakeout In The VC Industry

The VC market has changed dramatically since the days of the dot com bubble when hordes of newly minted venture capitalists were pouring money into anything online.
The 10-Year Shakeout In The VC Industry
Tech

Putting Millions In Startups’ Pockets, AngelList Is Crushing It

[credit provider=”Photo by Flickr user kk+” url=”http://www.flickr.com/photos/kk/5471727779/”] AngelList, the service that works as a Match.com for startups and investors, is doing really well. It’s one and a half years old today, and so the AngelList co-founders have a post up with some pretty impressive stats: 8,000 intros, 400 investments and 8 […]
Putting Millions In Startups’ Pockets, AngelList Is Crushing It
Tech

This Is Why Everyone Thinks We’re In A Tech Bubble

[credit provider=”AP”] The official position of Business Insider is there is no tech bubble 2.0, despite all the hysterical shrieking we hear from elsewhere.Today’s tech companies are generally real businesses with real profits. The market for public stocks is not overheated. In fact it’s actually pretty cheap right now using […]
This Is Why Everyone Thinks We’re In A Tech Bubble
Tech

Billion Dollar Menlo Ventures Adds A New Partner To Look For The Next Zynga

Menlo Ventures, a billion dollar venture capital firm, is hiring Shervin Pishevar as Managing Director to invest in the next hot social startup, Dealbook’s Evelyn Rusli reports. Menlo Ventures is a successful VC firm, but it mostly does deals in non-sexy areas like enterprise software and cloud computing. It hired Pishevar […]
Billion Dollar Menlo Ventures Adds A New Partner To Look For The Next Zynga
Tech

Meet The Soon-To-Be Groupon Billionaires

[credit provider=”DLD”] Groupon filed for a $750 million IPO today.The S1 filing assumes that there will be about 296 million shares floated as of June 11, but doesn’t reveal how Groupon expects those shares to be priced — those details will be worked out closer to the IPO date.
Meet The Soon-To-Be Groupon Billionaires
Tech

“Israel’s VC Industry Is Headed For Collapse”

[credit provider=”Photo by Flickr user demonbaby” url=”http://www.flickr.com/photos/demonbaby/2091832878/”] “Israel’s venture capital and startup industry is headed for collapse,” says Zeev Holtzman, Partner at Giza Venture Capital, one of the top VC firms in Israel, said to Venture Capital Journal (via PEHub). Famously and strikingly, last year zero dollars in new venture funds […]
“Israel’s VC Industry Is Headed For Collapse”
Tech

Are The VCs Who Just Made $250 Million On Skype Going To Raise Another Fund?

[credit provider=”Bloomberg TV”] You shouldn’t be surprised if Andreessen Horowitz (a16z), the über-VC firm that just made $250 million in Skype’s sale to Microsoft, raises another huge fund by the end of the year, PEHub’s Connie Loizos argues.When asked about it, co-founder Marc Andreessen gave a coy non-denial denial.
Are The VCs Who Just Made $250 Million On Skype Going To Raise Another Fund?
Tech

10 Best Practices For Raising A VC Round

Having raised a number of VC rounds personally and observed many more as an investor or friend, I’ve come to think there are a set of dominant best practices that entrepreneurs should follow.
10 Best Practices For Raising A VC Round
Strategy

Don’t Hate On VCs…

…just the ones who deserve it. VC bashing, like bubble-talk, is clearly in vogue. A good friend and co-investor of mine, Jerry Neumann, tweeted the following today:
Don’t Hate On VCs…
Strategy

How To Approach And Make An Introduction To A VC

I had an interesting conversation with an entrepreneur last week about how he decided which VCs he was going to pitch.  Mostly, it was a function of who he could get introductions to.  No matter how much I or any of the team here at First Round made themselves accessable […]
Strategy

Do VCs Thwart Innovation?

I’ve often wondered how much value VC’s really create. Not for the few that are allowed in, but for society as a whole. Are they the innovation engines as advertised, or merely savvy investors that realise above average returns? Day traders or world changers?
Do VCs Thwart Innovation?