7 ways to raise venture capital in a down market
Friday, 18 February 2011 23:00

February 2011

(Editor’s note: Robert R. Ackerman, Jr. is the founder and managing director of Allegis Capital . He submitted this story to VentureBeat.)

If you’re an entrepreneur thinking about raising venture capital today, odds are you realize this is one of the most difficult funding environments in decades. The venture capital industry has been in a deep funk for nearly two-and-a-half years, and many venture firms are shutting down as their limited partners are cutting off the flow of capital.



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What makes a great entrepreneur?
Friday, 18 February 2011 23:00

(Editor’s note: Scott Edward Walker is the founder and CEO of Walker Corporate Law Group, PLLC, a law firm specializing in the representation of entrepreneurs. He submitted this column to VentureBeat.)

I have provided legal counsel and assistance to hundreds of entrepreneurs over my 15-year career. A recurring question among those clients has been ‘Why do some entrepreneurs make it, while others fail?’



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The ABCs of pitching investors– Always Be Credible
Thursday, 11 November 2010 11:03

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November 10, 2010 by Jeff Bussgang General Partner at Flybridge Capital Partners. This column originally appeared on his blog Seeing Both Sides.)

In his best-selling book “Blink,” Malcolm Gladwell made famous the natural human reaction of quickly judging other people.  This behavior is especially true of VCs and angel investors. The first few minutes of an interaction are crucial.

The way an entrepreneur starts an investor pitch meeting can actually determine their success in that meeting.  Those first 10-15 minutes, where the entrepreneur presents himself or herself – before they even present the idea – establish not only credibility, but the right to continue to pitch to an engaged audience.

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A rise in valuations during H1 2010
Thursday, 11 November 2010 11:03

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Mid-Market Index rose to 6.4x historical EBITDA, an increase of 7% over its level recorded in December 2009 (6.2x).

This increase in mid-market valuations occured in an M&A market where the activity remained weak during the first half year, with the exception of mid-market LBO transactions which were more numerous compared to previous periods.

These valuations remain far below the valuations reached during H2 2006 and H1 2007 at 9x EBITDA.

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Funds' activity is rising on H1 2010
Thursday, 11 November 2010 11:03

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According to the AFIC (Capital Investment French Association) and Grant Thornton's figures, the investments in capital investment increased again on H1 2010. They improved by 66 % at 2,9 Md€. The situation is however contrasted : venture capital decreased by 21 % whereas capital development increased by 16 % and capital transmission by 280 %. Disinvestments increased by 23 %

The number of companies involved in raising funds increased by 5 % with a 2 % drop for venture capital, a 13 % progress for capital development and a decline of 2 % for capital transmission. It shows that the average amount of the deals progressed.

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Les 5 dures réalités de l’entrepreneur
Thursday, 11 November 2010 11:03
There are no translations available.

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Le 15 décembre 2010 par Jason Baptiste (CEO et fondateur de PadPressed et co auteur du OnStartups blog où cet article a initialement été publié

On parle toujours de la fin du jeu pour les start ups que ce soit par une acquisition, un financement ou la faillite. Mais on parle beaucoup moins de la dure réalité de la vie d’entrepreneur. Cet article n’est pas fait pour vous démoraliser, bien au contraire. En connaissant la dure réalité à laquelle vous allez être confrontés, vous pouvez vous y préparer. Voici les quelques réalités desquelles on ne parle jamais et auxquelles les entrepreneurs sont confrontées.



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17 words and phrases to avoid in your business plan
Thursday, 11 November 2010 11:03

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November 24, 2010

From Megan Jone, Director at the investment bank Hadley Partners based in LA.

We all have words that make us cringe. That’s especially true in the investment community.

Generally, I can tell a few lines into a business plan if a company just doesn’t “get it”. Sometimes, it’s blatant – like the lack of a clear mission statement. Other times, it’s something more gut-based, like the use of quotation marks as I did at the top of the paragraph (it’s too cute for a serious business proposal).

There are some words and phrases that are real showstoppers, though – and if you’re using them, you’ll need to rethink your pitch before approaching a possible source of financing. They not only fail to sell your story. They often end up having the exact opposite effect.



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Venture capital investing in Silicon Valley continues downward slide
Thursday, 11 November 2010 11:03

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November22, 2010, Riley McDermid

Venture capital investment in Silicon Valley continues to decrease overall even as angel investors rush into high-value investments in tech stars like Twitter and Facebook, according to a study released of capital raised in the third quarter.

The Fenwick & West Venture Capital Barometer analyzed the valuations and terms of venture financings for 107 Silicon Valley-based technology and life science companies that reported raising capital during the third quarter.

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Suez Environnement creates Blue Orange
Thursday, 11 November 2010 11:03

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Following the example of other listed groups such as Schneider Electric and Alstom which launched Aster Capital with 70 M€ at the beginning of the year, Suez Environnement is starting its own investment fund. Called Blue Orange, it already got 50 M€ for ten years and will invest in new technology start ups in water and waste.

Managed by Adrien Henry it already has a team of ten people. This fund can invest between 500 K€ and 2 M€ from seed to capital development (as co-investor). With a five years exit, the industrial investor plans to take minority stakes in three to five start-ups a year, with a seat at the board of directors.

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5 harsh realities of being an entrepreneur
Thursday, 11 November 2010 11:03

December 15, 2010 | Jason Baptiste

(Editor’s note: Jason L. Baptiste is the CEO and co-founder of PadPressed and co-author of the OnStartups blog. This story originally appeared at that site.)

There’s always talk about a startup’s end game – whether it’s in the form of an acquisition, funding announcement, or eventual flame out. But we rarely hear about the harsh realities that entrepreneurs face. This isn’t meant to be a downbeat and negative article, but actually quite the opposite. By knowing the harsh realities that lie ahead, you can be prepared when they come about. Here are some of the oft unspoken realities I’ve noticed entrepreneurs face regularly.

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