Category Archives: Investors

Jun 3
Fred Destin

Pillpack: Adding $50M in funding to bring redesigned pharmacy to all

There are some people in the world that it is simply a joy to work with, and when good things happened to them you can only feel joy.  TJ Parker and Elliott Cohen are two such people and I’m delighted …

Comments Off on Pillpack: Adding $50M in funding to bring redesigned pharmacy to all
Mar 31
Fred Destin

Why Series B is usually the hardest

 Tom Tunguz and Danielle Morrill both came out with data suggesting Series B are hard.  Tom calls it the “hardest round to raise”, based on his numbers.  Let me try to address why that is.   Let’s assume we’re in …

5 Comments
Mar 5
Fred Destin

Pro-rata rights: the good, the bad and the ugly

 Fred Wilson posted an article to explain the concept and value of pro-rata rights, with his usual elegance in making the concept clear. Pro-rata rights are incredibly valuable for a simple reason: most startup companies fail, but pro-rata rights are …

3 Comments
Oct 12
Fred Destin

A (reconstituted) interview with Marc Andreessen

 Thanks to a slightly unfortunate messaging glitch (which of you entrepreneurs would like his labor of love to be compared to “fruit fly experiments” in the Wall Street Journal), pmarca a.k.a Marc Andreessen has been drawn into in-depth conversation on HackerNews.   …

5 Comments
Nov 1
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
Jan 10
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
May 19
Fred Destin

Fund profile: Fidelity Growth Partners (Europe)

Today I am profiling the fund of my friend and co-investor Davor Hebel who is an investor with Fidelity Growth Partners Europe.  Davor is a super smiley Croatian.  HBS-grad as most of the venture community it seems, but I would …

Comments Off on Fund profile: Fidelity Growth Partners (Europe)
May 17
Fred Destin

Late-stage comeback: Acton Capital Partners in €150M final close of new fund

Great news for European entrepreneurs of the later stage variety: Acton Capital Partners closes on a EUR 150M maiden fund, the so-called Heureka Growth Fund, presumably named after the discovery of gold in California rather than Archimedes running naked through …

Comments Off on Late-stage comeback: Acton Capital Partners in €150M final close of new fund