Archive for April, 2021

Early bird extension gives you more time to save on passes to TC Early Stage 2021: Marketing and Fundraising

Startup life, especially in the early innings, is nothing short of hectic. Who wouldn’t love a clone or two to help get everything done? Well, we can’t clone you, but we can give you more time to sign up and save on a pass to TC Early Stage 2021: Marketing and Fundraising on July 8-9. We’re extending the early bird deadline to Friday, June 4 at 11:59 pm (PT). Sweet! That should help calm the cray-cray and save you $100 on admission to our virtual two-day bootcamp experience. Of course, you don’t need to wait. Buy your pass now while it’s top-of-mind and feel the joy of having one less task on your to-do list. Not familiar with TC Early Stage? It’s specifically designed to help new startup founders learn essential entrepreneurial skills to build a successful startup. We tap the very best experts in the startup ecosystem, and they deliver actionable insights you can put in place now, when you need them most. At TC Early Stage 2021, top-tier investors, veteran founders and respected subject-matter experts will lead highly interactive sessions on topics ranging from fundraising and marketplace positioning to growth marketing and content development. Get answers to your burning questions. Here’s just one example. Rebecca Reeve Henderson, founder and CEO of Rsquared Communication, will hold forth on how to create an effective earned media strategy for your startup. Talk about an essential skill. Want more examples? Mike Duboe, general partner at Greylock will share the latest growth trends in consumer and B2B technology. Sarah Kunst, founding partner at Cleo Capital, will focus on best practices and offer solid advice on how to get ready to fundraise. We’re announcing more speakers every week, and we’ll share the event agenda soon, so stay tuned. TC Early Stage 2021: Marketing and Fundraising takes place on July 8-9, and now you have an extra month to save $100. Calm the cray-cray and take one important, business-building task of your to-do list. Buy your early-bird pass to TC Early Stage 2021 before June 4. We can’t wait to see you there! Is your company interested in sponsoring or exhibiting at Early Stage 2021 – Marketing & Fundraising? Contact our sponsorship sales team by filling out this form. ( function() { var func = function() { var iframe = document.getElementById(‘wpcom-iframe-5411631f4bb18bf52c73b95079bc13e0’) if ( iframe ) { iframe.onload = function() { iframe.contentWindow.postMessage( { ‘msg_type’: ‘poll_size’, ‘frame_id’: ‘wpcom-iframe-5411631f4bb18bf52c73b95079bc13e0’ }, “https://tcprotectedembed.com” ); } } // Autosize iframe var funcSizeResponse = function( e ) { var origin = document.createElement( ‘a’ ); origin.href = e.origin; // Verify message origin if ( ‘tcprotectedembed.com’ !== origin.host ) return; // Verify message is in a format we expect if ( ‘object’ !== typeof e.data || undefined === e.data.msg_type ) return; switch ( e.data.msg_type ) { case ‘poll_size:response’: var iframe = document.getElementById( e.data._request.frame_id ); if ( iframe && ” === iframe.width ) iframe.width = ‘100%’; if ( iframe && ” === iframe.height ) iframe.height = parseInt( e.data.height ); return; default: return; } } if […]

Extra Crunch roundup: Fintech stays hot, Brex doubles, and startup IRR is up all over

Tech companies in Silicon Valley, the geography, have had an incredible year. But one indicator points to longer-term changes. The internal rate of return (IRR) for companies in other startup hub cities has been even better. A big new analysis by AngelList showed aggregate IRR of 19.4% per year on syndicated deals elsewhere versus 17.5% locally. A separate measure, of total value of paid-in investment, revealed 1.67x returns for other hubs versus 1.60x in the main Silicon Valley and Bay Area tech cities. Full Extra Crunch articles are only available to members. Use discount code ECFriday to save 20% off a one- or two-year subscription. The data is based on a sample of 2,500 companies that have used AngelList to syndicate deals from 2013 through 2020. Which is just one snapshot, but a relevant one given how hard it can be to produce accurate early-stage startup market analysis at this scale. I believe we’ll see more and more data confirming the trends in the coming years, especially as more of the startup world acclimates to remote-first and distributed offices. You can increasingly do a startup from anywhere and make it a success. Not that Silicon Valley is lacking optimism, as you’ll see in a number of the other stories in the roundup below! Eric Eldon Managing Editor, Extra Crunch (Subbing in for Walter today as he’s enjoying a well-deserved break and definitely not still checking the site.) Optimism reigns at consumer trading services as fintech VC spikes and Robinhood IPO looms Image Credits: Nigel Sussman (opens in a new window) With the Coinbase direct listing behind us and the Robinhood IPO ahead, it’s a heady time for consumer-focused trading apps. Mix in the impending SPAC-led debut of eToro, general bullishness in the cryptocurrency space, record highs for some equities markets, and recent rounds from Public.com, M1 Finance and U.K.-based Freetrade, and you could be excused for expecting the boom in consumer asset trading to keep going up and to the right. But will it? There are data in both directions. Optimism reigns at consumer trading services as fintech VC spikes and Robinhood IPO looms After going public, once-hot startups are riding a valuation roller coaster Image Credits: Nigel Sussman (opens in a new window) A short meditation on value, or, more precisely, how assets are valued in today’s markets. Long story short: This is why I only buy index funds. No one knows what anything (interesting) is worth. After going public, once-hot startups are riding a valuation roller coaster Should you give an anchor investor a stake in your fund’s management company? Image Credits: Matthias Kulka (opens in a new window) / Getty Images Raising capital for a new fund is always hard. But should you give preferential economics or other benefits to a seed anchor investor who makes a material commitment to the fund? Let’s break down the pros and cons. Should you give an anchor investor a stake in your fund’s management company? 2021 should be a banner year for […]