For those of you who know me, I have always loved being a musician. For a while, I thought that I would make my living as a drummer, but the world conspired against me. That being said, I couldn’t be grateful enough that I ended up as a venture capitalist. Last year, I spearheaded the…
One of the cool perks of being on the National Venture Capital Association board of directors is that I get to see lots of interesting data on the venture capital industry. The research staff, along with PriceWaterhouseCoopers are constantly looking at trends and data that provide unique and useful insights into the ecosystem and publish under…
The numbers are out and believe it or not, Q1 of 2010 saw the most venture-backed company M&A transactions EVER in a single quarter. Let that sink in for those of you around this business in the late 1990s. Also, the data showed more quarterly venture-backed IPOs since the fourth quarter of 2007 and 8…
My partner Brad recently wrote a blog post commenting on the proliferation of standardized seed financing documents. The post was motivated by the highly-publicized release of the fourth instantiation of such a standard series of documents, this time by Ted Wang at Fenwick & West with collaboration from a group of bay-area early stage VC’s…
Last week, venture capitalists perked up when reform out of the House of representatives carved out VCs falling under the tight scrutiny that private equity and hedge funds are soon to endure. If you’d like to read about the regulation issue, it’s part of my letter to Obama on innovation policy blog a while back….
Dear Mr. President, I feel compelled to write you a letter to express my thoughts and frustrations regarding innovation policy in our country. While I have modest expectations that you’ll actually read this, perhaps someone in your inner circle will and represent my thoughts. First of all, I hope that you realize how very fortunate…
The NVCA annual meeting ended a few hours ago and there were several pieces of news that I thought were noteworthy. Normally, all the best content is saved for the last day, but not this time. Outgoing Chairman of the NVCA, Dixon Doll has been spearheading research on the capital market crisis along with ideas…