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Hi there,
About 7 months ago, we held a course on Quantitative VC.
900 VCs registered for 25 spots.
Today, we're opening up the first quant VC lesson publicly "How you can scalably increase the size of your network using data."
If you're a customer and need help with the homework, reach out to your CBI customer success manager or me, and we'll take care of you.
We've seen a # of very successful VC firms do what is in this lesson, but it's not glamorous and it's hard work. But, it works. Happy networking.
Capital efficiency is going down, down, down
The median capital efficiency of VC-backed US tech exits is declining. With the growth in unicorns, this looks like it might get worse. Venture capital LPs - you paying attention to this? Don't let the logo chasing fool you.
#revenuefunded
Speaking of capital efficiency, PoF was acquired by IAC today for 0.575 unicorns.
This is notable for a few reasons.
- They're part of a space that VCs are fleeing
- It's a pretty darn big tech exit
- Go Canada
- PoF is bootstrapped aka #revenuefunded.
Yes - in the current unlimited funding environment where there are 118 private companies valued (on paper) at over 1 billion simoleons, the below tweet is oddly and sadly noteworthy.
BTW, CB Insights is proudly #revenuefunded. We were 25 strong in 2014 and planing to be 70'ish by year end. We're hiring in NYC across tech, marketing, sales, research and everywhere.
120 payments startups you should know
If you've seen our disruption of financial services research, you know that this is one of the hot spaces within FinTech. We highlight 120 startups to know in this handy periodic table.
Nom nom nom -- Fin Tech dinner
On July 28th, we're hosting a dinner in NYC for 20 folks on the topic of fin tech. We have MDs and SVPs from many leading fin svcs firms and several senior partners from VC funds joining us to talk trends in fin tech while getting to know some of the key folks in the fin tech ecosystem.
We have 2 spots left so if interested, ping me back. (just respond to this email)
Please note: These 2 spots are open only to SVP/MD/Partner level folks
Cybersecurity speed bump?
While security companies have hauled in billions in the last 2 years, deal activity has been trending down for the last several quarters. We go deep on security trends, most active investors and most well-funded startups.
Have a great rest of the week.
Love,
Anand
@asanwal
P.S. Since nobody talks about #revenuefunded companies, we are going to start doing that. If you are the founder of or part of a 25+ person tech company (not services) that is #revenuefunded (aka bootstrapped aka no investors), reach out as we'd love to feature you.
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