Blog: The Ripple
We love what we do, so ClearCreek writes and publishes pieces for a somewhat irregular blog about emerging companies and the capital markets. Or we did for a while anyway, then we did less, and apparently we stopped entirely. But we kept the old posts below. Any errors are ours exclusively while the occasional sharp insight is probably borrowed. We hope you find them of interest, and we always welcome feedback.
Venture Gossip Girls?
New research from my alma mater suggests that preparation for a career in venture capital might include a lot of time watching the WB network. In the brief paper, the author’s note that given the low industry barriers to entry, established venture firms form cliques…
VC Rebound
It is basketball season, and an intriguing white paper looks at the Venture industry and suggests a strategy to rebound to premium returns. The authors note recent conflicting trends of larger fund sizes…
First, gather nuts…
What is the first response to scarcity? Hoard. The mantra of every preschool playground holds true for venture investors (as it does for most everyone else). New data (summarized here) shows that…
The Future of Term Sheets
The predictable pendulum swing of harsher terms during a buyer’s market lead to a lively online discussion on the future of the term sheet. A dialogue between influential bloggers — entrepreneurs and venture capitalists alike…
Location, Location, Location. Not.
Investing locally is a mantra of many venture firms. The desire to conveniently monitor, interact, and network with their portfolio companies has lead to some long return trips for out-of-town entrepreneurs. Now a recent working paper suggests…
2Q Venture Investments: Is this the new normal?
Most media coverage of Venture Capital investments in the second quarter split the baby: the $3.7 billion invested in 612 companies was either way down (from the $7.6B raised by 1,048 companies in 2Q 2008) or heading up…
The “Promote”
Flybridge’s Jeff Bussgang has a nice blog piece where he coins a new word in the venture lexicon: the “promote” (not the Prestige). Entrepreneurs too often fixate on their pre-money valuation (the “pre”), instead of focusing on what…