DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
— - 1 they're - 1 Jennifer Neundorfer - 1 That's - 1 Tom Loverro - 1 Loverro - 1 Consuelo Vanderbilt - 1 Vanderbilt - 1
Top related locs:
Silicon Sequoia IVP Valley Instacart Navan Boston Snowflake
Top related orgs:
Ventures - 1 Sequoia Capital - 1 — - 1 Venture - 1 Twitter - 1 United States Federal Reserve - 1 Jefferies - 1 January Ventures - 1

Search resuls for: "Steve Brotman"


3 mentions found


☆ Silicon Valley is bracing for a 'Darwinian moment for startups' in late 2023
  + stars: | 2023-06-29 | by ( Rob Price | Ben Bergman | Melia Russell | ) www.businessinsider.com   time to read: +14 min
Silicon Valley is bracing for what it fears will be an "extinction event" threatening the survival of hundreds of startups. Tom Loverro, a investor at 40-year-old Bay Area venture capital firm IVP, has been loudly warning for months on Twitter and in media interviews about a coming "mass extinction event" for startups. The total volume of venture capital investment into US startups has slumped for six consecutive quarters, according to data firm Pitchbook. Even a last-ditch slashing of the startup's prospective valuation — a "down-round," in Silicon Valley parlance — didn't whet investors' appetites. Over the past year, many startups that rely on Silicon Valley funding have been steeling themselves for the slowdown to avoid similar fates.
Persons: —, they're, Jennifer Neundorfer, That's, Tom Loverro, Loverro, Consuelo Vanderbilt, Vanderbilt, Cameron Lester, I've, Lester, Linda Ahrens, Ahrens, Unown, " Ahrens, Anna Dittrich, Plastiq, Vincent Harrison, Elad Gil, Steve Brotman, Brotman, Will Hawthorne, VC's, Mike Ryan, Pitchbook's Harrison, Sell, Hawthorne Organizations: Ventures, Sequoia Capital, —, Venture, Twitter, United States Federal Reserve, Jefferies, January Ventures, Alpha Partners, Avid Capital, Sugar, Menlo, BulletPoint Network Locations: Silicon, Sequoia, IVP, Valley, Instacart, Navan, Boston, Snowflake, America
☆ Half of Sequoia Capital's VC funds since 2018 have posted losses for the University of California's endowment
  + stars: | 2023-03-08 | by ( Ben Bergman | Darius Rafieyan | ) www.businessinsider.com   time to read: +6 min
The University of California endowment has invested over $800 million in Sequoia funds since 2018. The returns show ten Sequoia funds across all stages and geographies are now underwater for the investor. The University of California's massive $28 billion endowment, a limited partner in 20 Sequoia Capital funds since 2018, is underwater on half those investments, according to documents obtained by Insider. Meanwhile ten of the Sequoia funds that UC Investments has invested in have been marked down in value on paper. One of UC Investment's largest commitments to Sequoia is $232 million earmarked for the 2022 Sequoia Capital Fund.
☆ Early-stage VCs are leaving $100 billion on the table by not exercising rights to buy into later startup funding rounds. One investor is trying to make sure they don't.
  + stars: | 2022-10-26 | by ( Darius Rafieyan | ) www.businessinsider.com   time to read: +4 min
Pro rata rights give early investors a place in later funding rounds and protect against dilution. Nearly 95% of pro rata rights go unused, often because investors lack the capital to exercise them. Alpha Partners provides the capital VCs need to take advantage of their lucrative pro rata rights. The company allows early-stage VCs to exercise their pro rata rights and participate in follow-on rounds by providing capital when no one else will. From a founder's perspective, pro rata rights can be a way of protecting those that took an early chance on the company.
0 next >>
Total: 3