Collection
VC investment memos to invest in tech startups that have been made public by the GPs of firms.
1Confirmation invested $2m in OpenSea at the seed round for this marketplace for crypto collectibles and non-fungible tokens.
BVP invested $2.4 in Auth0 at the seed round in 2014, The Seattle-based company bills itself as the “Twilio of identity”
BVP invested in Bright Health at the series-a round in 2016. Bright HealthCare is a diversified healthcare financing and distribution platform.
Benchmark investment memo comments to invest in DogVacay at the series-a round.
Sequoia invested $17.3m in DoorDash at the series-a round in 2014.
BVP invested in the tech startup Dropcam at the seed round in their $2m venture capital round.
1confirmation invested in dydx in the $2m seed round for a decentralised exchange
Root Ventures invested in Esper angel round which does Android enterprise device management.
Root Ventures invested in Esper seed round which does Android enterprise device management.
BVP invested in the marketplace startup Fiverr at the $5m series-a venture capital round.
Race Capital has invested in FTX, a cryptocurrency derivatives exchange, in its $8 million seed round
BVP invested in the tech startup LifeLock at the series-a round.
Eghosa Omoigui at EchoVC spent 9 months chasing Reid Hoffman to invest in LinkedIn around their Series-C around 2007. He was ultimately unsuccessful, but he leaves some learnings for us.
BVP invested in the social media startup LinkedIn at the series-b round.
BVP invested in the social media startup LinkedIn at the series-c round.
Root Ventures invested in Meroxa at $4.1m seed round in 2020.
BVP invested in the studio management software startup MINDBODY at the series-b round.
1confirmation invested in Nexus Mutual at the seed stage for mutual blockchain based insurance.
Canaan invested $12m in ON24 at the series-a round in 1999 which provide webinar-based marketing solutions.
BVP invested in the operations performance platform startup Pager Duty at the series-b round.
Bessemer invested in Periscope at the seed round which offered real-time video feeds.
BVP invested in the social media startup Pinterest at the series-a round.
Redpoint invested in Ramp which develops corporate cards designed to save money for businesses at the series-c round.
Greylock invested $50m in Roblox at the Series-F round for the online gaming and entertainment platform for a shared digital experience.
BVP invested in a low-cost payload deployment startup Rocket Lab at the series-b round.
BVP invested in the social media startup SendGrid at the series-a round.
BVP invested in the ecommerce startup Shopify at the series-a round.
Lightspeed VC invested in Snapchat at the seed round with a $500k investment in 2012.
BVP invested in the space to cloud data analytics startup Spire at the series-b round.
Root Ventures invested in Superconductive $4.1m seed round in December 2019 which provides an open-source tool for data testing, documentation, and profiling.
1confirmation invested in SuperRare at the $1.4m seed round.
BVP invested in the cloud communication startup Twilio at the seed round.
BVP invested in the social video platform startup Twitch at the series-b round.
BVP invested in the digital manufacturing startup Velo3D at the series-a round.
BVP invested in the platform for the development of cloud data services startup Wix at the second seed round.
BVP invested in the online platform that connects people with local businesses Yelp at series-b round.
The Youtube investment memo from Sequoia. This memo was released in a lawsuit of Viacom Vs Google (Youtube) for a “brazen” attempy to allow people to post Copywrite content to the site.
Blackbird invested in zoox at the seed round which is an AI robotics company providing mobility as-a-service and self-driving car services.
A VC investment memo is a detailed document that outlines the rationale behind a venture capital firm’s decision to invest in a particular startup. It includes market analysis, financial projections, competitive landscape, and potential risks and rewards.
Writing a VC investment memo involves conducting comprehensive due diligence, including market and industry analysis, financial modeling, competitive assessment, and risk evaluation. It should present a compelling investment thesis and highlight key metrics and milestones.
A VC investment memo is crucial as it provides a structured analysis of an investment opportunity, helping venture capitalists make informed decisions. It also serves as a reference for future performance evaluation and facilitates communication with stakeholders.
Key components include an executive summary, market analysis, competitive landscape, business model, financial projections, management team assessment, risk factors, and the investment thesis. Each section provides critical insights into the investment opportunity.
A VC investment memo should be detailed enough to provide a comprehensive understanding of the investment opportunity. It should include thorough analyses, data-driven insights, and well-supported arguments, typically ranging from 10 to 20 pages.
Common mistakes include lack of thorough due diligence, over-optimistic projections, insufficient risk analysis, and unclear investment thesis. Avoid these by conducting detailed research, providing balanced analysis, and clearly articulating the investment rationale.
A VC investment thesis outlines a firm’s overall strategy and criteria for investments, while a VC investment memo focuses on the analysis and rationale for a specific investment decision. The memo is more detailed and case-specific.
Yes, a well-written investment memo can improve investment outcomes by providing a clear, structured analysis of the opportunity, enabling better decision-making, and facilitating alignment among stakeholders on the investment strategy and expectations.
