We’ve recently issued a term sheet to an exciting company to lead their Series A financing. Over the last few weeks, an issue arose during due diligence that needed to get cleared up prior to funding. We’ve been making some progress but given the complexity of the issue, lawyers and accountants were brought in. Further complicating the […]
Archive for the ‘Start-Up’ Category
Jan
10
Dec
21
Drive | The Great Equalizer
During my time at University Venture Fund and Highway 12 Ventures over the last few years, I’ve been fortunate to have the opportunity to spend time with many highly successful entrepreneurs and investors. I’ve always been fascinated by the common threads that bind successful people and one story in particular on the subject. Chris Gardner’s […]
Oct
07
Community - A Common Thread
It’s hard to believe it’s been a month since I’ve returned from sabbatical with my family this summer and that this is my first contribution to our blog since I returned. Our travels surpassed all of our expectations and it was truly a life-changing experience for all of us. Many friends have asked what the […]
Mar
22
Mar
04
Five Reasons To Support Startup Visa
The Startup Visa movement showed a lot of momentum yesterday, actually trending into the top 5 on Twitter. As an entrepreneur who is working on my own startup, I’ve had the chance to meet a lot of other entrepreneurs, and I am happy with the vast support in the entrepreneur community for the Startup Visa. […]
Feb
22
So What Is Your Start-Up Worth?
As venture capitalists, one question we get asked all the time is “How do you value a seed or early-stage company?” The truth is that there really aren’t many tools. Later-stage companies are often valued based upon metrics such as discounted cash flows and revenue or earnings multiples. The challenge is that many of the […]
Feb
10
5 Minutes With Jerry Ropelato & Stan Bassett
Two years ago the folks at the Utah Fund of Funds introduced us to Jerry and Stan (CEO & President respectively) from TopTenReviews in Salt Lake City and were completely impressed with the amazing business they had built without raising any capital. They were looking to take the company to the next level and having […]
Dec
07
Our Newest Investment: SendGrid
Early this summer, my partner George and I walked into the bunker at TechStars in Boulder and met with Isaac Saldana, a young entrepreneur who, along with his small team of three, has been working feverishly on creating a solution to help companies get their important emails delivered. We were instantly impressed with Isaac and […]
Aug
18
Why I took the job instead of doing a startup
This is a guest post by Tac Anderson I have a pretty good track record for predicting what trends will take off. I also have a pretty good record for predicting which cool new digital technologies will do well on the Web. I am horrible at predicting my own future. A year ago if you […]
Jun
30
Treat Your CEOs Like Children (Your Own)
You might get the feeling from the title of this post that you’re about to read a glib post about how VCs should treat their CEOs like kids. Just the opposite in fact. Recently, I received a phone call from one my CEOs. He had a particularly difficult problem that he was trying to sort […]