Seccl’s Post

Big day for AlleyCorp! Since I joined the team last December, I've been inspired every day by the people I work with. It is a special privilege to work with Kevin Ryan who is not only the visionary founder of so many iconic New York companies but has also been a mentor and inspiration to a generation of technology leaders. Kevin and the team have built the foundation for a generational firm –– one that will still be making an impact in 50 years. – AlleyCorp has already incubated MongoDB, Gilt Groupe, Business Insider, and Zola. But the firm, led by longtime serial entrepreneur Kevin Ryan, aspires to more. “The role model for us is actually a Venrock or a Bessemer,” Ryan told me over Zoom. “Very established VC firms, yes, but people forget they were originally family offices. Then, to make it more sustainable and long-term, they started taking outside investors every three to four years.” And AlleyCorp is exactly at that moment right now, taking on outside investors for the first time. AlleyCorp has raised a new fund of about $250 million, Fortune has exclusively learned. It’s technically a first-time fund, though it’s an off-kilter label given AlleyCorp’s track record. To date, the firm—which frequently writes first checks—has deployed more than $375 million across north of 180 companies. The majority of the firm’s past investments were personally funded by Ryan, and those companies have gone on to raise more than $3 billion in follow-on capital. Full story by Allie Garfinkle in Fortune: https://lnkd.in/gC-8_tBx

🍯 If we look at a beehive, we see bees know something about organizing their relationships. These collectively form a network that gets things done. 🤝 We can draw a quick parallel to the world of VC, which is super relationship-based to accomplish big missions: connecting humans, making intros, backing companies, and supporting founders. What tools can they carefully integrate? 5️⃣ In this spirit, I am sharing 5 tips from 3 experts I heard yesterday discussing 'How to Level Up Your VC Network'. Take it from the pros: Cory Bolotsky of VC Platform Global Community, Keshvi Radia, Product at Balderton Capital & David Connors at the aptly-named The Swarm. Thanks for the quick inspo! ✍️ Read my latest on Medium to consider how you can also experiment: https://lnkd.in/ebzF22Un cc: Marieke Gehres, Jay Anna Harris-Theis, Rylee Mora & more. #VC #Network #Relationships #Founders #Startups

[DAYS 14-20/50] Hi there 👋🏼 I am doing a 50-day series as a Deep Tech Investor at VSC Ventures. 🚀 At VSC Ventures, we invest in pre-seed stage to Series A solutions at the intersection of Industrial Automation & Climate! If you're building in the space, reach out directly at dimple at vscventures.com with the subject containing "NEW DEAL". ⏱️ Day 14 marked a significant milestone for me as I brought my first deal to the table. I spent the next week delving into the team, industry, product and business model. Although the deal didn't go through, here are some key takeaways from this process: - First, getting a deal through Investment Committee (IC) is partly a numbers game, but it is also crucial to be selective about the deals you bring forward. This can save the firm significant resources in the long run. - Second, it is OK to be excited about the deals you present. While objectivity is important, enthusiasm can be a strong indicator of a deal's potential. - Third, passing on a deal is never easy, especially one you are passionate about. However, maintaining connections and tracking these deals can refine your investment radar over time. #venturecapital #investor #industrialautomation #climate #startup #funding

Ótimo artigo. Vou só largar aqui. "Reference checks are powerful tools for evaluating founders' credibility, competence, network, and integrity—all predictive signals of their startup success. They can also be useful for catching major red flags." https://lnkd.in/da6VnPzk

Looking forward to joining the upcoming SOSV #ClimateSummit. It will be my 3rd time. The summit has a good track record of bringing together top investors, founders, and scientists to discuss climate tech as an emerging category for #startups and #venture #investing. https://lnkd.in/e2ZaBVMd

What does it take to activate regional angel investors and LPs into early-stage investing? At our upcoming 0100 Conference DACH, a panel of experts will have a discussion on this timely topic that is crucial to funding the next generation of startups. Moderated by Ines Bergmann-Nolting of Greencode Ventures, the panel brings together perspectives from leading seed and pre-seed investors across the DACH region. Raphael Mukomilow of Picus Capital, Nikolas Samios of PT1, Clemens Gaugusch of CoastCap, Christian Roehle of KfW Capital , and Georges Khneysser of QBIT Capital will debate the trends they are seeing and share their insights on deal activity, sourcing techniques, LP appetites, and more. With pricing set to increase by up to 600 Euros after Tuesday the 13th of February, be sure to register now for the 0100 Conference DACH to take part in this conversation on early-stage funding dynamics. #venturecapital #limitedpartners #preseed https://lnkd.in/dhRCs4i4

Who are the UK’s most active early-stage investors? Sifted says it's us @ Future Planet Capital - UK Innovation & Science Seed Fund - Midven. Deal counts for 2023: 1. SFC Capital (118) 2. Maven Capital Partners (82) 3. Mercia Ventures (78) 4. Fuel Ventures 🚀 (73) 5. Future Planet Capital (64) - that's us! 🎉 6. SyndicateRoom (60) 7. Haatch (52) 8. Octopus Ventures (42) 9. Seedcamp (41) 10. Development Bank of Wales (33) Well done to all the entrepreneurs, the startup employees, my colleagues, my VC friends, and the whole ecosystem that made all of these deals possible, including those that don't often get a mention such as the lawyers, deal introducers, corporate financiers, advisers, accountants, PR firms, marketeers, recruiters, people actually making the payments, Chair people, PAs, and everyone else who does the work behind the scenes. Article link in the comments. Chat soon Alex #vc #deeptech #earlystage #venturecapital #startups

What’s the state of VC dealmaking in #Germany? Talking to Sifted’s Anne Sraders about it, our GP Anton Waitz states that he begins to see signs of recovery. “I definitely think there's more activity than in the previous months. We witness a steady deal flow in the pre-seed and seed stages, where our focus lies. German entrepreneurs in the #climate and #defence spaces are particularly busy at the moment. We are also seeing some notable Series A and B rounds which gives confidence to us early stage investors that there will be follow-on funding available for their better-performing companies down the line.” Read the full article here: https://lnkd.in/eJVYd-aE

Some great insights from our BMNT Ventures team on how to build companies that can get acquired. More insights to come over the next few weeks!