A VC: Musings of a VC in NYC

JANUARY 21, 2020

While it is nice to have these “rights”, the need for this letter actually has very little to do with how venture capital firms want to work with a portfolio company. The existence of these letters has everything to do with where the venture capital firms get their funds from.

Venture Capital 57

Venture Capital Pension Funds Startups Consultants 57

This is going to be BIG.

DECEMBER 2, 2014

Henry told me that I should start a fund--me, a 27 year old former VC analyst turned product manager with no MBA at a startup that wasn''t really headed in any particular direction. It''s probably the first time I''d really ever had the thought of starting my own fund. Venture Capital & Technology'

Pension Funds 117

Pension Funds Venture Capital Startups Stock Market 117

This is going to be BIG.

MAY 11, 2012

In fact, thanks to increased scrutiny of investment funds in a post-Madoff world, this imbalance will probably get bigger and bigger. You know, because sometimes startups just simply don't make it [shrug] but you gotta watch out for those financial hucksters who are looking to take your money and run off to kick it in Fiji.

Crowdfunding 125

Crowdfunding Startups Funds Venture Capital 125

Fortune Financial

AUGUST 7, 2023

It encompasses strategies such as venture capital, leveraged buyouts and investing directly in publicly-traded private equity firms. Venture Capital Venture capital investments focus on financing startups and early-stage companies with significant growth potential.

Hedge Funds 52

Hedge Funds Due Diligence Portfolios Leveraged Buyouts 52

Fortune Financial

AUGUST 7, 2023

It encompasses strategies such as venture capital, leveraged buyouts and investing directly in publicly-traded private equity firms. Venture Capital Venture capital investments focus on financing startups and early-stage companies with significant growth potential.

Hedge Funds 52

Hedge Funds Due Diligence Portfolios Leveraged Buyouts 52

This is going to be BIG.

NOVEMBER 16, 2015

I was working for the GM pension fund, an institutional LP, as an analyst, doing a research project on consumer private equity and venture capital investing. I was researching consumer focused funds, building and fixing brands, and talking to just about every consumer minded investor I could find.

Venture Capital 151

Venture Capital Capital Pension Funds Prospects 151

The Big Picture

SEPTEMBER 19, 2023

Previously she was Chief Investment Officer at various state pension funds, including Maryland and Hawaii. So when, when I think of bucketing, I think of a large institution that says, well we’re going to, we like this space, pick a space, private credit, venture capital, real estate doesn’t matter.

Asset Management 57

Asset Management Assets Pension Funds Hedge Funds 57

This is going to be BIG.

JANUARY 12, 2011

Let’s face it: Sales are the bastard stepchild of the startup world. about a New York company called Salescrunch that we funded. Helping companies make money just isn’t a very interesting goal for a startup these days. I know Theresia back from when I was at the GM pension fund and we were an LP.

Best Practices 108

Best Practices Startups Pension Funds Investing 108

This is going to be BIG.

APRIL 1, 2013

These crowdfunded companies will pour a lot of new money into the market for human capital, driving salaries up. Plus, I've heard, and can anecdotally corroborate, that most angel investors put 70% of all the money they will ever put into startups to work in their very first year of angel investing. Then, reality will set in.

Crowdfunding 115

Crowdfunding Pension Funds Angel Investors Startups 115

This is going to be BIG.

AUGUST 8, 2011

For every 5 haters on Business Insider, there's one startup out there that doesn't spend all their time reading the same stuff we do, and just happens to notice that video. They feel like I might be a reasonable guy to talk to about startups and decide to get an intro to someone at First Round because of it.

Venture Capital 110

Venture Capital Pension Funds Startups Capital 110

This is going to be BIG.

SEPTEMBER 11, 2010

I was working at the General Motors pension fund, and we were all huddled together in the trading room, which was the one place we had a television. Last night, Startup Weekend launched , and New York City has never been a better place to build a technology business. I had just graduated college that year.

Pension Funds 97

Pension Funds Venture Capital Startups Capital 97

The Big Picture

SEPTEMBER 19, 2022

If you’re interested in venture capital, in technology, in how to think about early stage investing, well, strap yourself in, this is a great one. RITHOLTZ: Is that what led to your transition from entrepreneur to venture capital? WENGER: Well, it’s also important too, how the venture capital model works overall, right?

Venture Capital 119

Venture Capital Capital Funds Startups 119

Private Equity Insights

JUNE 28, 2023

is mulling the sale of $2 billion in private equity assets in the secondary market to raise capital for other investments, according to people familiar with the matter. Read More: Startup Shares Trading at 61% Discount Lure Venture Capital BCI, which invests the retirement savings of British Columbia’s public sector workers, returned 3.5%

Assets 130

Assets Pension Funds Bidding Startups 130

Pension Pulse

SEPTEMBER 30, 2024

Gillian Tan, Swetha Gopinath and Layan Odeh of Bloomberg report OMERS to stop making direct private equity investments in Europe: The Ontario Municipal Employees Retirement System will stop making direct private equity investments in Europe as the pension fund overhauls its operations there, according to people familiar with the matter.

Buyout 59

Buyout Pension Funds Investing Mergers and Acquisitions 59

The Big Picture

NOVEMBER 8, 2022

Our job was basically to give sort of strategic advice to Lazard clients, which would generate capital-raising mergers and debt financing. RITHOLTZ: And not concerned with preservation of capital, the way an investor might be, is that what’s embedded in that? We were sort of doing our job. Yes, that’s right.

Financing 57

Financing Finance Banks Hedge Funds 57

Private Equity Insights

JULY 4, 2023

APG, which conducts investments on behalf of Dutch pension fund giant ABP, confirmed the acquisition in a joint press statement with OMERS but did not disclose financial terms. APG and OMERS Infrastructure were advised by DC Advisory, Emendo Capital and Allen & Overy. OMERS, which has C$124.2 billion ($93.67

Pension Funds 130

Pension Funds Private Equity Firms Private Equity Firms Startups 130

Pension Pulse

AUGUST 8, 2023

Mr. Hill will join OMERS in September, the public pension fund announced Wednesday, and report to Ralph Berg, who took over as the chief investment officer in April. The fact that other large Canadian pension funds keep poaching talent away from CPP Investments tells you how much talent there is there. billion ($3.72

Venture Capital 52

Venture Capital Capital Pension Funds Startups 52

Pension Pulse

AUGUST 5, 2024

Vanderbilt University Endowment, the University of Illinois Foundation and existing investors also participated in the extension to a January funding round, lifting Bilt’s valuation to US$3.25 OTPP, the Canadian pension fund, owns Willow Bridge Property Co., billion from US$3.1 Wells Fargo & Co., Mastercard Inc.

Startups 59

Startups Venture Capital Pension Funds Earnings Before Interest 59

Pension Pulse

AUGUST 24, 2023

A month ago, Eliyahu Kamisher of the Los Angels Times reported that CalPERS pension fund posts 5.8% gain in its latest fiscal year as the stock market rally and private debt buoyed the largest traditional public pension fund in the United States. pension fund, has yet to release its fiscal 2023 results.

Pension Funds 52

Pension Funds Debt Assets Banks 52

Pension Pulse

SEPTEMBER 6, 2023

trillion professional pension sector, with some funds holding almost half their assets in private markets. Since 2021, the regulator has pushed the sector to improve how it values assets that range from venture capital to office blocks. million Norweigans benefit from the Government Pension Fund.

Hedge Funds 64

Hedge Funds Securities and Exchange Commission (SEC) Pension Funds Funds 64

Pension Pulse

JANUARY 25, 2024

James Bradshaw of the Globe and Mail reports Teachers' invests in portable battery company aiming to replace gas-powered generators: Ontario Teachers’ Pension Plan is leading a US$95-million funding round for Instagrid GmbH, a German maker of portable battery systems designed to replace gas-powered generators.

Investors 59

Investors Funds Startups Assets 59

The Big Picture

SEPTEMBER 23, 2024

He also spent time at Sebus and More Capital before launching his own firm in 2001. And proprietary trading is using the firm capital to kind of buy it and also to distribute it, to syndicated it more broadly at the same time. We should be like, 00:06:58 [Speaker Changed] It’s 00:06:58 [Speaker Changed] A startup.

Debt 57

Debt Leveraging Banks Leveraged Buyouts 57

The Big Picture

JANUARY 24, 2023

 The transcript from this week’s, MiB: Steven Klinsky, New Mountain Capital , is below. Eventually, Steve takes his experience and knowledge and stands up his own firm, New Mountain Capital, which is one of the largest private equity shops in the world. RITHOLTZ: So we’re going to talk about New Mountain Capital in a bit.

Leveraged Buyouts 104

Leveraged Buyouts Private Equity Firms Private Equity Firms Debt 104

Pension Pulse

JUNE 3, 2024

Amanda White of Top1000funds reports on why OTPP’s sustainable investing chief ‘welcomes’ anti-ESG sentiments: The global head of sustainable investing at Canada’s Ontario Teachers’ Pension Plan (OTPP), Anna Murray, said she had finally come to terms with the anti-ESG sentiment that is floating around in certain investment circles.

Securities and Exchange Commission (SEC) 59

Securities and Exchange Commission (SEC) Pension Funds Investing Asset Management 59

Pension Pulse

AUGUST 22, 2023

Paula Sambo of Bloomberg reports Canada Pension Plan Investment Board joins startup at $100 million Reforestation Fund: Canada’s largest pension fund has joined a project to produce carbon credits by planting more than 100 native tree species on degraded land in Brazil’s Amazon region.

Funds 52

Funds Startups Investing Pension Funds 52

Pension Pulse

JULY 24, 2023

pension fund, has only about 11% of its assets invested in private equity, while Norway’s oil fund, one of the world’s largest wealth funds, has no investments in private equity at all. TPG Capital (CPP’s investments are $2.9 TPG Capital (CPP’s investments are $2.9 For comparison, CalPERS, the largest U.S.

Pension Funds 88

Pension Funds Private Equity Firms Private Equity Firms Investing 88

Pension Pulse

NOVEMBER 10, 2023

Completed the secondary purchase of a US$100 million commitment to Oak Hill Capital Partners V, which focuses on investing across the industrials, media & communications and business services in the U.S. Committed €500 million to CVC Capital Partners IX, L.P., STAR Capital is a mid-market, U.K.-based

Investing 59

Investing Buyout Stakes Assets 59

The Big Picture

APRIL 11, 2023

DAMODARAN: Capital gains then were taxed with 28 percent. Since 2004, the tax rate on dividends and capital gains is 15 percent, 18 percent, 21 percent. The original research actually, the Fama-French paper argued that market capitalization was standing in as a proxy for us, that small companies were riskier than larger companies.

Education 117

Education Financing Finance Taxes 117