Venture Capital Jon Bradshaw, Peter Harris

In this episode of the Venture Capital Podcast, hosts Jon Bradshaw and Peter Harris delve into the concept of burn rate, a crucial term in the venture capital industry. They define burn rate as the total amount a company spends every month minus its income, emphasizing that it measures how much cash a company is burning every month.
The hosts discuss the importance of understanding the burn rate, highlighting its significance in determining a company's runway, which is how long a company can sustain itself without raising additional capital. They explain that a company's burn rate can fluctuate and that it is essential to consider this when forecasting and planning for the future.
The conversation also touches on the role of CEOs in managing burn rates, emphasizing the need for them to make difficult decisions to reduce expenses and increase revenue. Jon and Peter share their own experiences with companies that have successfully managed their burn rate, highlighting the importance of transparency and planning in maintaining a healthy cash flow.
Throughout the episode, the hosts provide valuable insights into the venture capital industry, discussing the challenges of managing burn rate and the importance of understanding it for founders and investors alike. They also share their advice for founders, emphasizing the need to plan for the future and to raise capital with a minimum of six months of runway.
Overall, this podcast episode offers a comprehensive explanation of burn rate, its significance in the venture capital industry, and its impact on the performance and reputation of venture capital firms.
Follow the PodcastInstagram: https://www.instagram.com/venturecapitalfm/Twitter: https://twitter.com/vcpodcastfmLinkedIn: https://www.linkedin.com/company/venturecapitalfm/Spotify: https://open.spotify.com/show/7BQimY8NJ6cr617lqtRr7N?si=ftylo2qHQiCgmT9dfloD_g&nd=1&dlsi=7b868f1b72094351Apple: https://podcasts.apple.com/us/podcast/venture-capital/id1575351789Website: https://www.venturecapital.fm/Follow Jon Bradshaw
LinkedIn: https://www.linkedin.com/in/mrbradshaw/
Instagram: https://www.instagram.com/mrjonbradshaw/Twitter: https://twitter.com/mrjonbradshaw
Follow Peter HarrisLinkedIn: https://www.linkedin.com/in/peterharris1
Twitter: https://twitter.com/thevcstudent
Instagram: https://instagram.com/shodanpete
Youtube: https://www.youtube.com/@peterharris2812

In this episode of the Venture Capital Podcast, hosts Jon Bradshaw and Peter Harris delve into the concept of bridge rounds, a crucial term in the venture capital industry. They define bridge rounds as financing that bridges the gap between one round of funding and the next, typically used when a company needs additional capital to achieve specific milestones or maintain operations until the next funding round.
The hosts discuss the importance of understanding bridge rounds, emphasizing that they are often used to provide a company with the necessary capital to achieve specific milestones or to maintain operations until the next funding round. They highlight the different types of bridge rounds, including the full and partial ratchet, and explain how these provisions can significantly affect a company's ability to raise future financing rounds.
The conversation also touches on the role of pro-rata rights, which allow investors to maintain their ownership stake in a company even if the company raises additional capital at a lower valuation. Jon and Peter emphasize that pro-rata rights are a key component of bridge rounds and are essential for investors to maintain their position in a company.
Throughout the episode, the hosts provide valuable insights into the venture capital industry, discussing the challenges of managing bridge rounds and the importance of transparency in deal-making. They also share their own experiences with bridge rounds, highlighting the need for founders to be aware of these provisions and to negotiate them carefully.
Overall, this podcast episode offers a comprehensive explanation of bridge rounds, their significance in the venture capital industry, and their impact on the performance and reputation of venture capital firms.
Follow the PodcastInstagram: https://www.instagram.com/venturecapitalfm/Twitter: https://twitter.com/vcpodcastfmLinkedIn: https://www.linkedin.com/company/venturecapitalfm/Spotify: https://open.spotify.com/show/7BQimY8NJ6cr617lqtRr7N?si=ftylo2qHQiCgmT9dfloD_g&nd=1&dlsi=7b868f1b72094351Apple: https://podcasts.apple.com/us/podcast/venture-capital/id1575351789Website: https://www.venturecapital.fm/Follow Jon Bradshaw
LinkedIn: https://www.linkedin.com/in/mrbradshaw/
Instagram: https://www.instagram.com/mrjonbradshaw/Twitter: https://twitter.com/mrjonbradshaw
Follow Peter HarrisLinkedIn: https://www.linkedin.com/in/peterharris1
Twitter: https://twitter.com/thevcstudent
Instagram: https://instagram.com/shodanpete
Youtube: https://www.youtube.com/@peterharris2812

In this episode of the Venture Capital Podcast, hosts Jon Bradshaw and Peter Harris delve into the concept of anti-dilution provisions, a crucial term in the venture capital industry. They define anti-dilution provisions as mechanisms that protect investors from diluting their ownership stake in a company, particularly in the event of a down round or a decrease in the company's valuation.
The hosts discuss the importance of understanding anti-dilution provisions, emphasizing that they are typically required by venture capitalists (VCs) to ensure their investment is protected. They highlight the different types of anti-dilution provisions, including the full and partial ratchet, and explain how these provisions can significantly affect a company's ability to raise future financing rounds.
The conversation also touches on the role of pro-rata rights, which allow investors to maintain their ownership stake in a company even if the company raises additional capital at a lower valuation. Jon and Peter emphasize that pro-rata rights are a key component of anti-dilution provisions and are essential for VCs to maintain their position in a company.
Throughout the episode, the hosts provide valuable insights into the venture capital industry, discussing the challenges of managing anti-dilution provisions and the importance of transparency in deal-making. They also share their own experiences with anti-dilution provisions, highlighting the need for founders to be aware of these provisions and to negotiate them carefully.
Overall, this podcast episode offers a comprehensive explanation of anti-dilution provisions, their significance in the venture capital industry, and their impact on the performance and reputation of venture capital firms.
Follow the PodcastInstagram: https://www.instagram.com/venturecapitalfm/Twitter: https://twitter.com/vcpodcastfmLinkedIn: https://www.linkedin.com/company/venturecapitalfm/Spotify: https://open.spotify.com/show/7BQimY8NJ6cr617lqtRr7N?si=ftylo2qHQiCgmT9dfloD_g&nd=1&dlsi=7b868f1b72094351Apple: https://podcasts.apple.com/us/podcast/venture-capital/id1575351789Website: https://www.venturecapital.fm/Follow Jon Bradshaw
LinkedIn: https://www.linkedin.com/in/mrbradshaw/
Instagram: https://www.instagram.com/mrjonbradshaw/Twitter: https://twitter.com/mrjonbradshaw
Follow Peter HarrisLinkedIn: https://www.linkedin.com/in/peterharris1
Twitter: https://twitter.com/thevcstudent
Instagram: https://instagram.com/shodanpete
Youtube: https://www.youtube.com/@peterharris2812

In this episode of the Venture Capital Podcast, hosts Jon Bradshaw and Peter Harris delve into the concept of Asset Under Management (AUM), a crucial term in the venture capital industry. They define AUM as the total amount of assets that a firm is managing, which can include the amount of money raised, invested, and the profits generated.
The hosts discuss the importance of understanding AUM, particularly in private equity and hedge funds, where it is used to mark to market and provide a rough indication of the firm's size, deal types, and performance. They highlight the difference between AUM and the amount of cash on hand, emphasizing that firms typically hold very little cash due to the impact on their Internal Rate of Return (IRR) and fund performance.
The conversation also touches on the various ways to calculate AUM, including the amount raised, invested, and profits generated. The hosts explain how AUM is affected by capital calls, distributions to investors, and the performance of investments.
Throughout the episode, Jon and Peter provide insights into the venture capital industry, discussing how AUM is used to gauge the size and success of a firm, and how it can influence the perception of a firm's capabilities. They also share their own experiences with AUM, with Peter highlighting the importance of transparency in managing AUM, especially for student-run funds.
Overall, this podcast episode offers a comprehensive explanation of AUM, its significance in the venture capital industry, and its impact on the performance and reputation of venture capital firms.
Follow the PodcastInstagram: https://www.instagram.com/venturecapitalfm/Twitter: https://twitter.com/vcpodcastfmLinkedIn: https://www.linkedin.com/company/venturecapitalfm/Spotify: https://open.spotify.com/show/7BQimY8NJ6cr617lqtRr7N?si=ftylo2qHQiCgmT9dfloD_g&nd=1&dlsi=7b868f1b72094351Apple: https://podcasts.apple.com/us/podcast/venture-capital/id1575351789Website: https://www.venturecapital.fm/Follow Jon Bradshaw
LinkedIn: https://www.linkedin.com/in/mrbradshaw/
Instagram: https://www.instagram.com/mrjonbradshaw/Twitter: https://twitter.com/mrjonbradshaw
Follow Peter HarrisLinkedIn: https://www.linkedin.com/in/peterharris1
Twitter: https://twitter.com/thevcstudent
Instagram: https://instagram.com/shodanpete
Youtube: https://www.youtube.com/@peterharris2812

In this episode of the Venture Capital Podcast, hosts Jon Bradshaw and Peter Harris discuss the concept of angel investors, their role in the startup ecosystem, and the characteristics that define them. They begin by defining an angel investor as an individual who invests in early-stage companies, usually after friends and family have provided initial funding. Angel investors are typically accredited investors who contribute capital to help startups build products, find market fit, and prepare for later-stage funding rounds.
The hosts also discuss the evolution of angel investing, with the term 'super angel' emerging to describe individuals who invest larger sums of money in early-stage companies, often through funds. They emphasise that angel investing is not just about making money but also about helping founders and contributing to the growth of innovative businesses.
Throughout the episode, they highlight the importance of understanding the risks and rewards associated with angel investing, as well as the need for investors to be involved in the companies they support. They also touch on the potential for angel investors to pivot towards institutional investments or venture capital as they gain more experience and capital to deploy.
Overall, this podcast episode provides valuable insights into the world of angel investing, emphasising the role of early-stage capital in fostering innovation and the importance of a hands-on approach for angel investors.
Follow the PodcastInstagram: https://www.instagram.com/venturecapitalfm/Twitter: https://twitter.com/vcpodcastfmLinkedIn: https://www.linkedin.com/company/venturecapitalfm/Spotify: https://open.spotify.com/show/7BQimY8NJ6cr617lqtRr7N?si=ftylo2qHQiCgmT9dfloD_g&nd=1&dlsi=7b868f1b72094351Apple: https://podcasts.apple.com/us/podcast/venture-capital/id1575351789Website: https://www.venturecapital.fm/Follow Jon Bradshaw
LinkedIn: https://www.linkedin.com/in/mrbradshaw/
Instagram: https://www.instagram.com/mrjonbradshaw/Twitter: https://twitter.com/mrjonbradshaw
Follow Peter HarrisLinkedIn: https://www.linkedin.com/in/peterharris1
Twitter: https://twitter.com/thevcstudent
Instagram: https://instagram.com/shodanpete
Youtube: https://www.youtube.com/@peterharris2812

In this episode of the Venture Capital Podcast, hosts Jon Bradshaw and Peter Harris discuss various aspects of venture capital and entrepreneurship, including the signs of a hostile takeover in the startup world. They cover the concept of hostile takeovers and how it applies to publicly traded companies, where an investor buys a majority of the stock to take control of the business. In the startup landscape, hostile takeovers are less common due to the venture capital industry's shift towards being founder-friendly.
The hosts also discuss the potential for a founder's replacement, which can happen when a founder recognizes their limitations and brings in a more experienced professional to lead the company. They emphasize that while such situations can feel hostile, they are often a result of the founder's decision and are not necessarily a hostile takeover in the traditional sense.
The episode also touches on the role of activist investors, who may approach a company with a buyout offer if they see a different trajectory for the company. The hosts point out that such situations are less common on the venture side because VCs would view replacing a founder as a failure on their part.
Overall, the podcast provides valuable insights into the world of venture capital and the dynamics of entrepreneurship, highlighting the importance of self-awareness, adaptability, and strategic decision-making in the face of business challenges.
Follow the PodcastInstagram: https://www.instagram.com/venturecapitalfm/Twitter: https://twitter.com/vcpodcastfmLinkedIn: https://www.linkedin.com/company/venturecapitalfm/Spotify: https://open.spotify.com/show/7BQimY8NJ6cr617lqtRr7N?si=ftylo2qHQiCgmT9dfloD_g&nd=1&dlsi=7b868f1b72094351Apple: https://podcasts.apple.com/us/podcast/venture-capital/id1575351789Website: https://www.venturecapital.fm/Follow Jon Bradshaw
LinkedIn: https://www.linkedin.com/in/mrbradshaw/
Instagram: https://www.instagram.com/mrjonbradshaw/Twitter: https://twitter.com/mrjonbradshaw
Follow Peter Harris
Twitter: https://twitter.com/thevcstudent
LinkedIn: https://www.linkedin.com/in/peterharris1
Instagram: https://instagram.com/shodanpete
Youtube: https://youtu.be/Hy9DsuFzTH4