Category Archives: Deal

Ask The VC – Do Early-Stage VCs Prefer Safe Sale or Big IPO?

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Jon Cavell asked:
@aveeck, where do previously invested VCs usually stand on a sell now or raise more & go for IPO/Big Exit? (eg Groupon & $GOOG) #AskTheVC
I had a very similar discussion on the phone yesterday with one of the founders of yubiT, a group buying/couponing startup out in Seattle.  As with so many [...]

Ask The VC: Do you need to be near your VC?

The first Ask The VC question of 2011 comes from fellow Pittsburgh blogger Jon Cavell:  “BurgherJon: @aveeck Ask the VC: What role does place/location (city, state, country) play in a VC’s decision processes?”

Short answer:  unlike in real estate (location, location, location…) the location of a startup is far from being a large factor (increasingly so [...]

Ask The VC – Venture Backed v. Self-Funded

Another installment of Ask The VC, and yet another question from our friend, Paul Merrill:
dpaulmerrill: @aveeck also, given equal $, which more likely to be profitable sooner – venture or self-funded?
In theory, there should be no difference between how long it takes for a venture-backed startup and another startup, backed with founder’s or friends-and-family money, [...]

The Difference Between PE and VC

I have had more than a couple  friends ask me the difference between venture capital and private equity.
Venture capital (VC) is on one end of a spectrum of investments that are broadly known as private equity (PE).  Breaking down the term “private equity”, these are EQUITY investments (stock ownership in companies), not debt or other [...]

The All-Important Elevator Pitch

Having likely raised much more equity from angel investors than anyone else in the Pittsburgh region, Mel Pirchesky, President of Eagle Ventures, is a long-time Pittsburgh entrepreneur. He’s raised over $60 million of equity for more than 30 deals from individuals located mostly in the Pittsburgh region. He completed a $9 million financing [...]

The Seven Non-Negotiables of a Startup Pitch

In the past week, I attended two events where I had to evaluate startup pitches delivered to investors:  a boot camp for the upcoming 3RVF conference in Pittsburgh, and the interim demo day at AlphaLab.  Both events were dry-run practice sessions so that presenting companies could be more polished when they were actually on the [...]