Recently, I’ve been hearing a lot about how the VC model is dead, and the venture capital industry is drying up. This is justified by the lack of conventional exits and liquidity events, meaning the venture capital funds can’t return cash to their investors. While we have clearly been going through a flat spot in […]
Read MoreRandy Hawks, interviewed by reporter Tomio Geron for this article in the Wall Street Journal who believes that investors are more positive today. While many investors say they still invest at the same pace during a downturn, investor psychology is a factor, and it has improved recently, said Randy Hawks, managing director at Claremont Creek […]
Read MoreAndy Grove takes Thomas Friedman, a columnist for the New York Times to task in Grove’s recent Business Week article “How America Creates Jobs”. Andy Grove argues that Friedman is wrong in claiming in his column that “if Washington wants to create jobs it should back startups”. Grove states that startups are wonderful things, but […]
Read MoreThere is a brilliant investor/venture capitalist who lives in Berkeley California named Moshe Alafi. He was a big supporter of my first company, TOPS, and of my third company, Cybergold. After I sold TOPS to Sun Microsystems in 1987, the venture fund that had invested in TOPS offered to make me a partner. I remember […]
Read MoreMay 13, 2010 source: VentureBeat.com It’s a relationship, not a transaction: Tips for fundraising entrepreneurs Thanks to the most devastating recession in decades and dramatic shifts in the venture industry, finding investors to write those first checks is a frustrating, time-sucking process for entrepreneurs – but that doesn’t mean they can’t be particular. If you’re […]
Read MoreThe classical view of venture capital is that a VC invests in a company, grows it into revenue and breakeven, and then sells equity in it to the public in an IPO. The exit part is the VC’s can then sell their ownership interest in the startup to that public market of buyers as the company grows in value, or distribute their now-liquid shares to their limited partner investors to sell
Read MoreClaremont Creek Ventures was founded in 2005 by Nat Goldhaber, John Steuart and Randy Hawks to pursue early stage investing in exceptional technology startups.