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Archives for 2010

On Expert Networks, Compliance, the Drunk and the Lamppost

Expert networks have been in the news a lot for the past few weeks, due to the SEC's attempt to look for insider trading amongst hedge funds, following on their Galleon investigation (Raj Rajaratnam of Galleon is in the photo shown). The best source of information on this topic is as usual the [...continue reading]

How to Raise Capital for Your Startup

Next Monday, 12/13, I'll be presenting on "Best Practices in Raising Capital for Startups", as part of the last class in the Founder Institute's second program in New York. I welcome feedback on the draft slide deck, below. David Blumenstein (The Hatchery) and Adeo Ressi will also be there. [...continue reading]

How a Private Equity Fund Uses Social Media for Building its Investment Pipeline and Raising Capital

Most private equity funds (and the equipment finance industry) are well behind the VC industry with regard to their use of social media. Jeff Bussgang, General Partner, Flybridge Capital Partners, calculates that of the approximately 1,000 venture capitalists in the US actively seeking deals, 10-15% [...continue reading]

Next Gen Startup Financing Marketplaces

I enjoyed attending Tuesday's panel, "Innovative Marketplaces Meetup: Next Gen Startup Financing Marketplaces" Speakers: David Rose, Founder and CEO, Angelsoft Jeremy Smith, Chief Strategy Officer, SecondMarket Rob Garcia, Dir. Product Strategy, Lending Club Slava Rubin, Co-Founder, [...continue reading]

Oodle acquires Grouply

Congratulations to the team at Grouply on their sale to Oodle! I've been on the Advisory Board of Grouply since its very early days, and am an enthusiastic user. It very significantly increase my efficiency by allowing me to monitor more online communities than I could otherwise keep an eye on. [...continue reading]

Private equity portfolio monitoring and operating partners

Private Equity Manager magazine has a special edition on portfolio monitoring, with some helpful coverage of how private equity operating partners' roles have evolved. I was particularly interested in their coverage of PEOPEN, the private equity operating partner network. The group was first [...continue reading]

Congratulations to Chris Farmer on joining General Catalyst!

Congratulations to my coauthor, Chris Farmer, on joining General Catalyst Partners! I'm sure Chris will use many of the ideas that we discussed in our research paper on deal origination to help create / identify some exciting companies on General Catalyst's behalf. [...continue reading]

Buying private companies on marketplaces of primary and secondary interests

Congratulations to the team at AxialMarket on raising $2m from First Round Capital and Windcrest Investments. I take this as a sign that they're starting to gain traction among corporations and private equity funds, despite the fact they're threatening the lunch of lower-tier business brokers and [...continue reading]

Social Networking for the Equipment Leasing & Finance Industry

I just learned that the Equipment Leasing & Finance Foundation has finished their study on "Social Networking for the Equipment Finance Industry 2010". The executive summary is available at ; the full study is $300. The author is Suzanne E. [...continue reading]

Panel on Super-Seed Funds at Harvard Business School Club of NY

I took some notes on last week's Harvard Business School Club of New York panel on "Super-Seed Funds -- Back to the Future." Eugene Radin of Concept Clinic edited the notes and merged in his own. Incidentally, congratulations to Doug Atkin, Tony Berkman, Steve Miller and the rest of the [...continue reading]

Institutional Investor publishes summary of our deal sourcing research

Chris Farmer and I have an article in today's Institutional Investor, summarizing the key findings from our research on deal sourcing: Would you invest in a company that only sold to 1 out of 80 leads? Or a company that typically took one year and 3 professionals just to close a single [...continue reading]

Presenting at Midwest ACG Capital Connection, October 19, Chicago

I'll be making the first public presentation of the results from our study on best practices in private equity deal origination at the 11th annual Midwest ACG Capital Connection, Tuesday, October 19 at McCormick Place in Chicago, IL. I hope to see you there! The Midwest ACG Capital Connection [...continue reading]

Final draft available: private equity and venture capital funds' best practices in originating new investments

We're in the last lap of editing our research study on best practices of private equity and venture capital investors in originating new investments, which has a particular focus on use of social media. We plan to publish this in a major private equity journal. If you would like to review a [...continue reading]

Goodbye Expert Networks, Hello Private Equity: Coverage from Integrity Research

Integrity Research wrote a nice blog post about the new startup I'm working on: "As more research providers emerge to analyze the public markets (there are now over 3,500 research providers in our database), one gap in the market are research providers for the private markets. David [...continue reading]