VC University: Democratizing Education on Entrepreneurship & Venture Capital

by & filed under Ecosystems, Events, NVCA Blog.

Maryam Haque

Are you a new or aspiring entrepreneur looking to demystify the world of venture finance?

Are you thinking of starting a venture fund or did you recently take the (scary) plunge to raise a fund?

Are you generally curious about how venture finance works and what it takes to succeed?

Are you interested in learning more about the startup ecosystems and investment opportunities across the U.S. and engaging with investors or entrepreneurs in those markets?

If you answered yes to any of these, then VC University has you covered! (more…)

VC Industry Makes an Impact on Washington at VCs-to-DC

by & filed under Events, NVCA Blog, Public Policy.

Devin Miller

At a time when the startup ecosystem is intersecting more and more with policies coming out of Washington, it seems like an ideal time to bring venture capitalists, entrepreneurs, and policymakers together to discuss the future of policy impacting America’s innovation industry.

Last week, NVCA did just that at VCs-to-DC. Our event brought together the entrepreneurial ecosystem and policy decision makers in Washington, D.C. to take part in conversations on policy issues to strengthen the U.S. startup ecosystem. (more…)

Exploring the Future of Impact Investing

by & filed under Ecosystems, Events, NVCA Blog.

Christy Chin

At a time when the world’s problems seem more intractable – in light of the California wildfires and Las Vegas shooting – there is hope that social capital will be leveraged to address the climate change, poverty, access to healthcare and improving education. It certainly is a rising trend, as recent data shows that the impact investing market in the U.S. has a floor of $114 billion, although the actual market size is much larger.

While a critical mass of impact investors gathered in San Francisco for Social Capital Markets (SoCap), the world’s leading conference on impact investing and social enterprise, the NVCA seized the opportunity to bring participants in the venture ecosystem active in this space together to discuss its opportunities and challenges. Not surprisingly, the event attracted more than 70 attendees from a wide spectrum on the investing scale: both new and established, large and small venture capital firms, limited partners, entrepreneurs and foundations. (more…)

A Summer Start in San Francisco

by & filed under Ecosystems, Events, NVCA Blog.

Maryam Haque

At the start of the summer, I moved to San Francisco with NVCA to establish a full-time presence for our organization here. The journey West has brought me back to the place I called home for six years before my four-year stint in DC, but more importantly it’s been the start of a new chapter and exciting time for NVCA to engage more closely with the venture ecosystem in the mecca of the industry.

Just one month in and I’ve already had the chance to meet with a range of VCs and startups. Some highlights from June:

SoftTechVC’s Summer Party was a warm welcome my first week in San Francisco, where I met founders at many SoftTech portfolio companies. (more…)

NVCA Provides Resources and Insights for New VCs

by & filed under Ecosystems, Events, NVCA Blog.

Jessica Straus

Last week, NVCA held a digital class on Successful Fundraiser’s Philosophy: How Micro VCs Get Off the Ground & Succeed. With micro VC funds playing an important role in the startup lifecycle—micro VC funds closing in 2016 finished with $1.5 billion in commitments, according to PitchBook—NVCA and our members are an important resource for new fund managers who are getting off the ground and learning to navigate the fundraising process. The formation of new venture capital funds is critical to the future of innovation, and NVCA was pleased to be able to provide the ecosystem with tools and insights to help expand the VC community.

We began the webinar with an insider’s perspective from Cindy Padnos of Illuminate Ventures on how micro VC is evolving and what were some of the lessons that she learned from the process of raising her first institutional fund. Padnos described what it was like for her to launch a new VC firm, from Illuminate’s proof of concept fund, to how she brought in original investors and how the success of that fund helped her close Illuminate’s Fund 1 in 2013, from which Illuminate has made 15 investments and so far has had 3 M&A exits. (more…)

NVCA Brings VC and DC Together at Annual Meeting

by & filed under Events, NVCA Blog, Public Policy.

Ben Veghte

It has been one week since the venture capital community convened in Washington, D.C. at the 2017 NVCA Annual Meeting and everyone is still buzzing from the event and our new format.

We rewrote the script for this year’s event to focus exclusively on policy and direct engagement with policymakers to advance a pro-innovation agenda that supports new company creation. Crucial to that mission was moving the Annual Meeting to our nation’s capital. (more…)

Having a Talent Strategy Makes a Difference

by & filed under Diversity, Events, NVCA Blog, VentureForward.

Jessica Straus

Diversity is core to competitiveness. A 2014 Harvard Business School study, The Cost of Friendship, found that success rates of entrepreneurs diminish when co-investors have similar backgrounds and experiences. As an industry, we have a lot of work to do, and NVCA is committed to helping investors and entrepreneurs build diverse, competitive teams.

Last week, the NVCA team, our members, and partners Deloitte, Proskauer Rose, Silicon Valley Bank, Miller Law Group and the Nasdaq Entrepreneurial Center joined together to host Policies Driving Innovation in San Francisco to provide data, insights and resources. We also rolled out the new NVCA Sample H.R. Policies – a free resource to help venture firms build inclusive H.R. practices. (more…)

Another Successful Leadership Gala in the Books

by & filed under Events, NVCA Blog.

Ben Veghte

A week has passed since our sold-out Leadership Gala and the glowing reviews keep rolling in. From our members and non-members, board of directors, sponsors, and the media, everyone is raving about the event and already marking their calendars for 2018.

Now in its third year, the Leadership Gala was the brainchild of former NVCA Board Chair Scott Sandell of New Enterprise Associates (NEA). Thanks to his vision, the event has quickly emerged as a must-attend event (did I mention it was SOLD OUT!?!) for the venture industry, book-ended by high-profile speakers and unparalleled networking with the venture industry’s finest. (more…)

Growth Equity’s Year Ahead

by & filed under Events, NVCA Blog, Venture Investment.

As a growth equity investor, Board Member of NVCA, and current Chair of the Growth Equity Member Peer Group, I am focused on advancing the growth equity asset class through education, policy, and investor community engagement. With that in mind, I wanted to provide a brief update of our recent activities. (more…)

Advancing the Innovation Ecosystem by Accelerating Corporate and Venture Partnerships

by & filed under Corporate Venture, Events, NVCA Blog.

Lisa Lambert

As a venture investor who has been on both sides of the fence, I know how critical it is for corporate venture capital firms (CVCs) and private venture capital firms (VCs) to play in the same sandbox.  In fact, our collective mission is now more crucial than ever.  If we are to succeed at driving the growth of innovation, building competitive advantage, and establishing market leadership, CVCs and VCs must work together.  The question is: how?

Corporations have proven themselves to be valuable syndicate partners to the private venture community in recent years.  However, many CVC groups are realizing that it can also be strategic to be indirect investors.  CVC’s primary objective is to access the innovation ecosystem for product development, expansion and acquiring talent.  Many of them would prefer to access the community through a strategic partnership with VC firms rather than building an investment organization themselves.  Likewise, as venture investors continue to fundraise, the opportunity to have CVCs serving as Limited Partners (LPs) in their funds could be mutually beneficial.

(more…)