Category Archives: Venture Capital

Fred Destin

Men on Mars : The Reinvention of Atlas Venture



 I joined Atlas Venture 9 years ago. At the time we had 5 offices, 22 partners, 7 board rooms, a team of over 60,  over two billion in assets managed. And boy, were we making life difficult for ourselves. Today: …


26 Comments
Fred Destin

Series A Crunch, Seed Blues



If you’re an entrepreneur, what are you supposed to make of all this hoopla about the Series A crunch ?  The line of argumentation is nothing new, so is there something real to worry about or is it business as …


10 Comments
Fred Destin

On historical returns and venture capital flavours



Story of of the last few years in Venture Fund Land : large institutional investors concentrate money with fewer managers and flagship brands AND / OR find emerging managers. Since VC offerings have generally been undifferentiated, LP’s had little choice …


11 Comments
Fred Destin

The Singularity hits Venture Capital (Wilson/Kauffman Redux)



I mean, really, who still wants to be a venture capitalist ?  It’s fast moving from job to have for new HBS grads with flat abs and trophy girlfriend (or vice versa) to labour of love for guys or gals …


9 Comments
Fred Destin

The Great European Venture Capital Crisis



 Over the past few quarters I have had to organize or assist in refinancings of some of the companies I work with on European soil. The exercise of drawing up target list of investors has been a depressing one, for …


1 Comment
Fred Destin

Kauffman report : Broken VC, Guilty LPs, and the way forward



 The Kauffman Foundation seeks to put the final nail in the coffin of the VC malaise, with a thoughtful and evidence based recap of what we already know: “VC is Broken” and driving the point home to Limited Partners: “we …


19 Comments
Fred Destin

On four years of Seedcamp — and why you should get involved



It’s been over 4 years now since I have been involved with Seedcamp, as investor, board member and mentor.  In the early days was a group of entrepreneurs thinking about how to leverage the scarcest of resources (talented people’s time) …


1 Comment
Fred Destin

What's in a (venture capital) website ?



Late on Friday we launched the new website of Atlas Venture.  The launch prompted me to tour our VC brethren in the Boston area and was surprised at how many have been redesigned recently: NorthBridge, General Catalyst, Charles River or …


4 Comments
Fred Destin

What your investor does with reserves when you underperform



Let's look at how investors manage a portfolio of startup investments and what that means for you as an entrepreneur.  You may not like it. When investors commit to your company, they will invest some money upfront (say $2M) and …


4 Comments
Fred Destin

Super Angels, Lean VCs, Proto-Incubators, whatever. Focus on social contract.



I swore to myself I was going to stay out of this super angel versus VC debate but I find I have this compelling urge that I need to satisfy. First of all, let's move away from Roe vs. Wade …


15 Comments