Month: March 2015

The risk equation of Venture Debt

The case for venture debt for early stage companies is fairly easy to understand. Company X raises a $5MM Series A round from venture capitalists, providing for approximately a year of cash runway based on a projected cash burn of $400K/month. During this time, the company will scratch and claw to meet as many operating milestones as possible to with hope that the next round of capital is completed at a significantly higher valuation. Time...

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Mapping out Micro-VC – Updated 8/7/2015

Mapping out Micro-VC – Updated 8/7/2015

Just last week, I wrote about the evolving Micro-VC market.   Following that post, I received notes from several firms that wanted to confirm they were part of the data set (236 firms).  Many weren’t, so I spent a few minutes this weekend adding in the names. The updated count? 250 firms, although I’m confident we’re still missing a few. Boston – 15 SoCal – 17 NY – 33 SF Bay Area – 115 Rest of...

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