Sramana Mitra: Since 2013, there have been 50,000 to 70,000 seed investments. By seed, I mean the entire spectrum of pre-seed, seed, post-seed, and pre-Series A. That’s a lot of companies. The number of venture-funded companies is still very low. It’s 1,200 to 1,500 and it remains more or less constant. At the other vector
Sramana Mitra: Let me ask you the TAM question. We are in January 2018. Lots of stuff have already been built. Nowadays, there aren’t as many wide open opportunities to build these multi-billion dollar companies. It’s not like very corner of the enterprise software market is full of billion-dollar opportunities. There are lots of niche
Sramana Mitra: It’s the same model as Gartner? The software companies are paying a subscription fee to G2 Crowd to be included in this review process. Ira Weiss: It is free for the software companies. Some of the companies do choose to pay if they want to pay if they want to have an enhanced
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Ira Weiss of Hyde Park Venture Partners was recorded in January 2018. Ira Weiss, General Partner at Hyde Park Venture Partners based in Chicago, talks about venture activity in the Midwest. Sramana Mitra: Tell
By guest authors Irina Patterson and Candice Arnold Irina: Do any of the companies you mentioned have any interesting stories? Ira: The one that we’re hoping is going to be the most successful is a company called Avid, which hasn’t gone liquid, yet, so there’s not a lot of information out about it. What’s interesting
By guest authors Irina Patterson and Candice Arnold Irina: What are your other notable investments? Ira: I recently invested in a company called SURGiVIEW, which has an inexpensive way for surgeons to archive the videos of their surgeries and also to remotely broadcast the surgeries to other parts of the world. I invested in a
By guest authors Irina Patterson and Candice Arnold Irina: What do you do with the companies you don’t invest in? Ira: We try to refer them to somebody else who may have an interest for one reason or another. Sometimes a company’s too late stage for us and we’ll refer it. Often times we’ll put
By guest authors Irina Patterson and Candice Arnold Irina: How much do you usually invest in a company? Ira: I typically invest $25,000. Sometimes it’s as low as $10,000. A few times it’s been $50,000 to $100,000, but it’s usually $25,000. Our group tends to invest somewhere between $300,000 and $750,000, as a group. Irina: