By guest author Gerry Langeler from his e-book “Take the Money and Run! An Insider’s Guide to Venture Capital” A fundamental part of any startup’s business plan is the financial section, which details the economics of the enterprise. Venture capitalists often see plans where at least half the pages are taken up by spreadsheets showing everything from top
By guest author Gerry Langeler from his e-book Take the Money and Run! An Insider’s Guide to Venture Capital So, now you’ve made it to a VC firm partners meeting. Do you ever wonder what REALLY happens around the venture capital partners table once you, the entrepreneur, leave the room? Well, it’s time someone told you.
By guest author Gerry Langeler from his e-book “Take the Money and Run! An Insider’s Guide to Venture Capital” The old saying in the VC business is investors invest in three things: people, people and people. There’s more than a little truth to that. We’ve seen great teams dig themselves out of some deep holes, and weak
Gerry is a Managing Director with OVP Venture Partners, which is in its 28th year, having raised its seventh fund (OVP VII) at $250 million. OVP has over $750 million of capital under management. From 1981 to 1992, Gerry served as president of Mentor Graphics Corporation (NASDAQ:MENT), a company he co-founded. The company grew to
By Gerry Langeler, Guest Author Here is a sure-fire bet: Gather a bunch of entrepreneurs to talk about venture capitalists, and before long the conversation will turn to the issue of control. “If we take VC money, the next thing you know, they’ll be in control, and we’ll be out on our collective ears.”