Steve Jurvetson is staging a comeback, disclosing today that his new San Francisco-based, early-stage venture firm Future Ventures, has raised $200 million for its debut fund. “It’s good to be back in the saddle again,” says Jurvetson, whose career was somewhat derailed in the fall of 2017 when a former girlfriend wrote a Facebook post, … Continue reading Steve Jurvetson tells all: about his new $200 million fund, his new partner, his new shopping list, and more
Venture Capital
The meeting that showed me the truth about VCs
I recently had a meeting with a well-known Israeli startup investor. The talk somehow pivoted from my seed-seeking startup into talking about the macro view of venture capital and how it doesn’t actually make sense. “Ninety-five percent of VCs aren’t profitable,” he said. It took me a while to understand what this really means. I’ll … Continue reading The meeting that showed me the truth about VCs
This is how much VCs are paid
Venture capital is known for being an opaque industry, so it’s no surprise most of us have no idea what the average VC earns in a year. I got a closer look at the survey results of J. Thelander Consulting‘s annual venture firm compensation survey and, unsurprisingly, VCs make a lot of money. Just how … Continue reading This is how much VCs are paid