Introducing an earlier investment: Volley, a friendly place for helping others

Last October, we made our first investment out of Fund II and are excited to announce this news today as the company launches publicly out of beta. Volley is a friendly place for helping others solve problems online. Volley members can post requests in response to the question, “What are you looking for?” You can sift through […]

What’s the problem with too much funding?

With the influx of seed money, much has been written about the fact that start-ups that are taking far more funding than they need. For example, check out Fred Wilson’s post where he compares funding a start-up to walking up a flight of stairs. When building a company, it’s smarter to hit each step on […]

What every entrepreneur should know about financing right now

Over the past few years, we have seen an explosion of start-up activity as the traditional barriers to entry have come down. The ability to raise money no longer determines one’s fate. With lowered costs to build and run websites, acquire and retain users, virtually anybody can pick up coding and start a tech company. […]

How much capital should you raise?

One of the biggest questions facing any entrepreneur is how much capital to raise for their startup. It’s a delicate question…one that can have a significant impact on the fate of any startup. Raise too much and you’re diluting your ownership; raise too little and your company will have trouble gaining traction or making it […]

Lean financing

I recently gave a talk on lean financing and thought I would share the presentation here on the blog as well. Lean financing is a powerful way to limit dilution for founders but one has to be careful to not miss out on growth opportunities. Sometimes founders are too focused on keeping a big piece of […]