August 2014
Beginner
432 pages
10h 56m
English
book
The Business of Venture Capital: Insights from Leading Practitioners on the Art of Raising a Fund, Deal Structuring, Value Creation, and Exit Strategies, 2nd Edition
by Mahendra Ramsinghani
Content preview from The Business of Venture Capital: Insights from Leading Practitioners on the Art of Raising a Fund, Deal Structuring, Value Creation, and Exit Strategies, 2nd Edition
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CHAPTER 15 Sourcing Investment Opportunities
“I want to find the next Facebook when it's just Mark Zuckerberg.”
—Kevin Rose, Google Ventures1
Kevin Rose, a partner at Google Ventures, has fine-tuned the art of sourcing investments in Silicon Valley. When he found out that mobile payments company Square was raising a round, he reached out to Jack Dorsey, cofounder of Square. But the investment round was full, and Dorsey said Square didn't need more investors. Rose noticed that Square did not have a video demonstration of the product. He quickly put together a video to demonstrate the product and showed it to Dorsey, just as an FYI. Impressed, Dorsey turned around and invited Rose to invest in the so-called full Series A round.2
Kevin Efrusy of Accel Partners was ranked in top five of the Forbes Midas List of venture capital investors. After all, he sourced this great investment opportunity called Facebook for Accel Partners. Efrusy, who had served two separate stints as an entrepreneur-in-residence at Kleiner Perkins Caufield & Byers (KPCB), had joined Accel with the primary directive—find the next big thing in social start-ups. While Efrusy was on the hunt, he found his target two years into his career at Accel. Chi-Hua Chien, a graduate student doing research for Accel, pointed out this opportunity called Facebook to Efrusy, who never gave up till he trapped this elusive beast.
“Social networks had this dirty name,” he said in The Facebook Effect.3 Facebook had more than 20 ...
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I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.