Recommended
Recommended
More Related Content
What's hot
What's hot (20)
Viewers also liked
Viewers also liked (18)
Similar to Final vcj conference oct 2011
Similar to Final vcj conference oct 2011 (20)
Recently uploaded
Recently uploaded (20)
Final vcj conference oct 2011
- 1. The State of the Venture Capital Markets Mark Suster VCJ Venture Alpha Conference β October 2011 @msuster
- 2. What is the State of the VC Market? What Comes After Social Networking?
- 4. The Set Up What is Driving Change?
- 5. It Is Dramatically Cheaper to Start a Company Open source Cloud Developers Start Companies 2000 $5m $500k 2005 $50k 2009 $5k 2011
- 7. So Founders Much Younger, More Technical
- 8. Huge Explosion in Tech Startup Creation Seed Deals / Incubation
- 9. While The Total Number of VCs Has Right-Sized
- 11. Conditions Actually Bode Really Well for VCs Active VCs Seed Deals Revenue Potential +
- 12. So What Exactly Is Changing in our Industry? Some Goods, Some Bads
- 13. Mentorship-Led Investing Has Captured Enormous Talent Pool Access to Deals
- 14. Great New Focused & Disciplined VCs Created Super Early Territory Topic Area (i.e. big data) Early or Classic A Thrive
- 15. Some Traditional VCs Now Doing Many Seed Deals Seed C-E Round A, B Round
- 17. In H1 2011 80% of LP Money Went to Just 7 Firms. The Billion Dollar Club. 7 Firms Total $6.3 $8.1 VC Money Raised ($ billion)
- 18. Which Begs the Question of Whether Itβs Venture Capital or Growth Equity Seed C-E Round A, B Round
- 19. Fund Size + FOMO Driving Separation from Price & Underlying Value Time $ Historic Value Todayβs Market
- 20. People are Paying Growth Prices for Market Risk Time Valuation Product Risk Growth / Scale Risk Monetization / Competition Risk Market Risk
- 21. Probably Less Traditional VCs Being Funded Lately. Seed C-E Round A, B Round $25-75m Typical Fund Size $200-300m $500m-$1bn
- 22. Traditionally VCs Have Focused on Few Companies & Deep Commitments 1-2 deals per partner / year Many deals / year
- 25. Public Openness Helps With Every Major Stage of the VC Lifecycle Access to Deals Winning Follow On $$ Exits Top end of funnel much wider Founders want to work with you VCs work with others they know, like & respect Awareness with buyers for your portfolio
- 26. So What is the Next Big Investment Opportunity on the Internet? Television. Yes, really.
- 27. Americans watch 5.3 hours of TV / Day TV Reading < 1 Hour 5.3 Hours Media Patterns Online 3 Hours
- 28. You Tell Me What the Future of the Internet Is?
- 29. But VCs Hate Investing in Content β Hits Driven Business?
- 30. Itβs Not Just Dogs on Skateboards Anymore
- 31. A Disruptive Breed of Digital Content Producer Has Emerged UGC Network TV YouTube TV Production Costs / Minute $100-400 $6,000-8,000
- 32. These 4 LA Companies Alone Doing > 3 Billion Video Views / Month YouTube TV Costs / Minute
- 33. YouTube is the New Comcast β¦ And Notice the Change in Branding
- 35. Youth Demo Already 1/3 rd of Time Online Watching Video Streaming Video Other Surfing
- 36. And Revenue Becoming Substantive
- 37. How Mainstream? 86% of All Internet Watch Online Video
- 38. Aug 11 42 billion views 185 million viewers 228 videos / person 17 hours
- 39. 91% of Households Still Pay for TV (91%)
- 40. This Market Disruption Will Be Enormous β And Itβs Arriving Now
- 41. </end> Thank you