7BC Venture Capital

E106 Fireside with a VC speaking with Ken Goldman, former President of Eric & Wendy Schmidt’s family office, former CFO of Yahoo!, Fortinet, Siebel Systems (acquired by Oracle), Excite@Home, Sybase, and Cypress Semiconductor. Discussed the changes in VC, going public and the reasons companies should go public again, the problems secondaries for founders create, how to leave a company ethically, general advice on how to win in the big leagues, selling Siebel to Oracle, the dynamics of changing CEOs, lessons learned from board of directors dynamics at Yahoo!, working with activist shareholders, how enterprise software companies should or should not go international, running Eric and Wendy Schmidt’s family office, and now speaking at family office and other conferences. Find the full episode on YouTube: https://lnkd.in/gbYRFcfK. Find this and all full episodes for Fireside with a VC on your favorite podcast platform here: https://lnkd.in/guuWkJHW. https://www.7bc.vc/ https://lnkd.in/gggbZYkw Join our Newsletter to get our insights and favorite curated content from the VC-startup ecosystem - Fireside with a VC: https://subscribe.7bc.vc. Join the conversation, leave comments, and tell us what you think about these topics and this episode.

Fireside with a VC episode #100 speaking with Vibhor Rastogi, Global Head of AI investments at Citi Ventures, discussing how to determine startup valuations and how much capital a startup should raise. How much to raise should be driven by enough time runway to achieve the next key milestone to unlock the next funding round - be that product, revenue, users, or other measurable business milestone KPIs. How the market is changing. Expect to need at least enough time 1) to reach the next business milestone and 2) to raise the next funding round. Expect at least 2 quarters to raise the next funding round in today’s market. How much dilution should a startup expect to take from each funding round ranging from pre-seed to late seed, Series A, B, C, D? How to tie expected exit valuations to today’s valuation? What can a realistic exit be in a good scenario and a bad scenario? What are expected exit multiples and discounted to today’s valuation with the consideration of dilution from future funding rounds? How to calculate future dilution or reserve strategies for various ownership target percentages. Corporate Venture Capital (CVC) best practices at Citi Ventures – Citigroup. How to manage conflicts of interest as a strategic investor compared to a pure financial investor. How Citi Ventures can add value to startups across industry verticals. Find the full episode on YouTube: https://lnkd.in/dAR3gTcC. Find this and all full episodes for Fireside with a VC on your favorite podcast platform here: https://lnkd.in/guuWkJHW https://lnkd.in/dWQfyb6p https://lnkd.in/dE4fYtcc https://www.7bc.vc/ https://lnkd.in/gggbZYkw Join the conversation, leave comments, and tell us what you think about these topics and this episode.

I’m excited to share that I’ll be presenting 7BC Venture Capital at @KeiretsuForum’s Family Office Forum on March 14, 2024, at the Microsoft campus in Redmond, WA! Register to join me: https://lnkd.in/gqpdKUSw Nathan McDonald

Fireside with a VC episode #99 speaking with Matthew Calhoun, director at Equity Trust Company, formerly Midland Trust Company, discussing the benefits of investing into alternative assets such as venture capital funds using your self-directed IRA dollars. What is a Self-Directed IRA and what is different from other retirement accounts? What are the requirements, terms, and cost for this, and how long does it take? Help boost your retirement with this wealth-building combination of tax-optimized retirement accounts maximizing the potential of higher returns with less volatility by adding private market venture capital investments to your tax-advantaged account. We are happy to introduce our listeners to Matt or contact him directly: [email protected]. Find the full episode on YouTube: https://lnkd.in/gDKNF8mD. Find this and all full episodes for Fireside with a VC on your favorite podcast platform here: https://lnkd.in/guuWkJHW https://midlandtrust.com/ https://lnkd.in/gZSr_yiX

Fireside with a VC episode #98 speaking with Eric Ver Ploeg, Founding Partner of Tunitas Ventures about key data and trends in the US tech Series A fundraising environment as well as specifics about how much cash funding a startup should raise at pre-Seed, Late-Stage Seed and Series A as well as the many other considerations with regards to terms and legal structures do’s and don’ts. Eric Ver Ploeg, is a VC veteran and runs Tunitas Ventures a focused seed-stage investing firm that assists portfolio companies raise their Series A. Eric shares research and data on how the ratio of San Francisco Bay Area startups have a higher graduation rate of completing a Series A than startups in the rest of the country and how this multiple has been rising in recent years. Find the full episode on YouTube: https://lnkd.in/gGCyynNy. Find this and all full episodes for Fireside with a VC on your favorite podcast platform here: https://lnkd.in/guuWkJHW Check out a link to a blogpost Eric released on this topic today: http://rb.gy/3fzl3p. https://tunitas.vc/ https://lnkd.in/gpb6VHBN https://www.7bc.vc/ https://lnkd.in/gggbZYkw   Join the conversation, leave comments, and tell us what you think about these topics and this episode.

Fireside with a VC episode #97 speaking with Igor Jablokov, CEO of Pryon, $159m VC funding and founder and CEO of Yap, which Igor sold to Amazon and became the nucleus of Amazon’s Alexa & Fire TV. Pryon was the code name for Alexa. Discussing the evolution of humanity with AI, risks of AI, what we need or should expect with regulations, where innovation is happening, what are the OSI layers of the AI world, how the Fortune 500 will adopt or fail to adopt true AI, other relevant key industries ranging from nuclear power plants to healthcare and the military. Find the full episode on YouTube: https://lnkd.in/djD7TwW4. Find this and all full episodes for Fireside with a VC on your favorite podcast platform here: https://lnkd.in/gtzuxjJh https://pryon.com/ https://lnkd.in/dqKfrAnu   https://www.7bc.vc/ https://lnkd.in/gFa_AAZ7   Join the conversation, leave comments, and tell us what you think about these topics and this episode.

Episode #96 What are standard legal terms, governance & valuations right now in the market in Silicon Valley, New York and beyond for up, flat & down rounds w/ Fenwick & West's Kristine Di Bacco on Fireside with a VC. Find the full episode on YouTube: https://lnkd.in/gh_x-rJJ. Find this and all full episodes for Fireside with a VC on your favorite podcast platform here: https://lnkd.in/guuWkJHW https://www.fenwick.com/ https://lnkd.in/g8E2JkGt   https://www.7bc.vc/ https://lnkd.in/gggbZYkw   Join the conversation, leave comments, and tell us what you think about these topics and this episode.

Episode #95, Peter B., one of two Managing Directors leading M12 - Microsoft's Venture Fund, discusses with Andrew Romans on Fireside with a VC how Microsoft is investing in early-stage startups in B2B SaaS, AI, web3/crypto, and gaming. How the $2.776 trillion dollar conglomerate can add value to startups in a way no other VC can match. Find this and all full episodes for Fireside with a VC on your favorite podcast platform here: Find this episode on YouTube: https://lnkd.in/gG3WXNHH. https://lnkd.in/guuWkJHW. https://lnkd.in/gRd_CuRy https://lnkd.in/gggbZYkw https://www.7bc.vc/ Join the conversation, leave comments, and tell us what you think about these topics and this episode.

We would like to invite you to join us for an exclusive networking reception in San Francisco on Tuesday, November 14th from 5-9 pm. REGISTER HERE: https://lnkd.in/gquHJ4kJ. The event will feature a VC panel, three 7-minute pitches from 7BC Venture Capital portfolio companies, and 2 hours of drinks, food, and networking with an elite group of 85 VCs, CVCs, family offices, Fund of Funds, Limited Partners, angels, accomplished VC backed founders and other supporters of the VC startup ecosystem. Don't miss out on this opportunity to connect with key players in the industry. Register now before the venue reaches maximum capacity. 45 VCs already registered.

Join us for an exclusive networking reception in San Francisco on Tuesday, November 14th from 5-9 pm. The event will feature a VC panel, three 7-minute pitches from 7BC Venture Capital portfolio companies, and 2 hours of drinks, food and networking with an elite group of 80 VCs, CVCs, family offices, Fund of Funds, Limited Partners, angels, accomplished VC backed founders and other supporters of the VC startup ecosystem. Don't miss out on this opportunity to connect with key players in the industry. Register now at https://lnkd.in/g2XFkH4K before the venue reaches maximum capacity. Many thanks to Curtis Mo and the team at DLA Piper for hosting.