Q1 2014 Venture Exits Update

// Wiley Becker

April 16, 2014 - There were 105 US venture backed M&A transactions in Q1 2014 with $7.5B in disclosed deal value according to the Exit Poll report by Thomson Reuters and the NVCA. Disclosed deal value on a rolling four quarter basis increased 38%, partially due to a 19% increase in the number of deals disclosed. Additionally, the average M&A deal size reached $259MM in Q1 2014, the highest level since 2004. According to PitchBook, the median deal size was $40MM in Q1 2014 of 111 venture backed M&A exits globally (PitchBook Data, Inc. 2014).
+ Read More

More on Life Science Lending: How Venture Debt Can Work For Your Company

// Monica Rivera Beam, PhD

April 3, 2014 - As a CEO/CFO or Investor how much debt is available to your company and how can the debt best be used to help build value in your company?
+ Read More

Toward Mindful Startups: Don't Believe Everything You Think

// Trevor Loy

April 3, 2014 - A few years ago, a sociologist told me about a study of happiness in southern California. The top reported source of unhappiness was that people felt too busy and overwhelmed by all of their daily commitments, and that they did not get enough daily time alone for themselves.
+ Read More

Investments Over Dinner and Boardroom: Angels vs. Seed Funds

// Micah Rosenbloom

April 3, 2014 - Eric Paley called me one evening to talk about an angel deal he was looking at. I was cooking dinner with my wife when he phoned. We talked about whether behavioral psychology could really work in convincing consumers to reduce their energy consumption.
+ Read More

Where Are CXOs In the Cycle of Swapping Out Old Tech for New?

// Mike Brown Jr.

March 19, 2014 - Enormous changes are afoot in the C-suite at companies at every level of scale and growth. We built Bowery Capital on the thesis that roughly $357 billion would change hands over the next ten years through the swapping out of old technology for new. This perspective comes from years of seeing internet natives becoming IT decision-makers, a concept on the rise, but this is something we are just at the beginning of. Greylock’s David Sze recently talked about finding companies to invest in that access the "$140 billion of IT spend up for grabs." We not only agree, but see the number as far higher. More specifically, we think we are only in the 1st or 2nd inning of this shift.
+ Read More

Investor Psychology

// Zack Mansfield

March 18, 2014 - Recently, I happened to be the third wheel of a conversation between two active angel investors who were talking about a particular company that was closing a round of funding (names will remain anonymous to protect the innocent). I was somewhat familiar with the company but not intimately; thus, I was able to listen to the debate –er, conversation – with a completely open mind.
+ Read More