Episode 3 of Between 2 Termsheets
Today’s episode of Between 2 Term Sheets features a conversation between Ben Narasin and Alacrity Canada Chairman Owen Matthews.
Ben Narasin, Venture Partner at NEA, is one of Silicon Valley’s most successful institutional seed-stage investors. Starting off as an entrepreneur himself, Ben founded one of the first e-commerce companies, FashionMall.com, which he led to a successful IPO in 1999. Following the IPO, Ben moved from New York to the Valley where he sought to help fill the gap between ‘angel’ and ‘venture’, investing in 80 companies over 10 years, many of which went on to raise series A and beyond from tier 1 firms. Ben is currently a venture partner at NEA which he describes as “the single best venture firm in the world”.
In this episode, Ben and Owen chat about the difference between angel investing and institutional seed investing, how founders should look for early stage investors that can prove a stepping stone to later stage investment (hint: value, not just capital), early signs of a messy deal, the current fundraising climate in Silicon Valley, how non Silicon Valley companies can gain enough credibility to attract the attention of investors in the Valley, and more.
Be sure to head to PitchBen.com for the opportunity to let Ben know of your company.
For more articles like this, sign up for our newsletter.
Incentive Marketing: The What, The Why, and the Which (Platforms vs Single Solutions)
When I was a young kid, my Mom would ask me to mow the lawn. The prospect of helping my mother was appealing, but the…
Social Credit: The Value of Great Connections
The following opinion editorial was written by Owen Matthews, Chairman of Alacrity Canada Many years ago, I was with my friend who raises money for…
Alacrity Canada on the Hunt for Cleantech Companies Across BC
The following article was published in the Times Colonist by Andrew Duffy on February 16 Alacrity Canada is scouring the province for the next big…