Brooklyn Bridge Ventures

8 statements across 2 episodes · 3 bullish · 0 bearish · 1 people on the record · first statement Jun 8, 2015 by Charlie O'Donnell · said 21 times in 7 episodes since 2015 · across every show →

Mentions by year

brought up most by Harry Stebbings (20), Charlie O'Donnell (1)

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2017 10 mentions in 4 episodes 3 per episode
2015 11 mentions in 3 episodes 4 per episode

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Everything said about Brooklyn Bridge Ventures, oldest first

Jun 8, 2015 positive
Assertion Not checkable as stated
Brooklyn Bridge Ventures funds pre-seed founders at the PowerPoint stage
“I'm very early, so I'm often the first money in. I've funded Founders with ideas. I've funded PowerPoints. I've funded things coming out of hackathons things before their Indiegogo pre-sale takes off, so.”
Charlie O'Donnell Jun 8, 2015 ▶ 7:17 20 VC 043: How To Be A VC Analyst and Lessons From Union Square and First Round with Charlie O'Donnell, Founder @ Brooklyn Bridge Venture
Jun 8, 2015 positive
Disclosure
Charlie O'Donnell convinced Tinker Garden founders to go full-time before investing
“I'll tell you the one I most recently announced is a company called Tinker Garden, and Tinker Garden was a company that I not only, I can't say I said yes, because the entrepreneur didn't really pitch to me. I sort of convinced themselves, I convinced the entr…”
Charlie O'Donnell Jun 8, 2015 ▶ 25:06 20 VC 043: How To Be A VC Analyst and Lessons From Union Square and First Round with Charlie O'Donnell, Founder @ Brooklyn Bridge Venture
Jun 8, 2015
Disclosure
Brooklyn Bridge Ventures is currently investing out of an $8M fund
“The fund that I'm investing in now is a little over eight million dollars.”
Charlie O'Donnell Jun 8, 2015 ▶ 9:18 20 VC 043: How To Be A VC Analyst and Lessons From Union Square and First Round with Charlie O'Donnell, Founder @ Brooklyn Bridge Venture
Jun 8, 2015 bullish
Prediction Held up
Brooklyn Bridge Ventures' next fund will be $15 million
“Slightly larger. Fifteen million.”
Charlie O'Donnell Jun 8, 2015 ▶ 21:10 20 VC 043: How To Be A VC Analyst and Lessons From Union Square and First Round with Charlie O'Donnell, Founder @ Brooklyn Bridge Venture
Jan 2, 2017
Prediction Held up
O'Donnell: Brooklyn Bridge Ventures targets eight to ten deals annually
“Basically, we do eight to 10 deals a year.”
Charlie O'Donnell Jan 2, 2017 ▶ 4:24 20VC: Why Companies Going Bust Is Part Of The Plan, Why Most VCs Are Later Stage Than They Think & Why Venture Capital Is Humbling with Charlie O'Donnell, Founder @ Brooklyn Bridge Ventures
Jan 2, 2017
Prediction Not checkable as stated
O'Donnell: Brooklyn Bridge Ventures allocates 80-90% of capital to initial rounds
“I will follow on, and anybody who's able to raise an outside round. If you can get somebody else, I will not lead an extra round, but if you can get somebody else to participate, you know, I will do a small amount of follow on across the board, and it's not go…”
Charlie O'Donnell Jan 2, 2017 ▶ 12:12 20VC: Why Companies Going Bust Is Part Of The Plan, Why Most VCs Are Later Stage Than They Think & Why Venture Capital Is Humbling with Charlie O'Donnell, Founder @ Brooklyn Bridge Ventures
Jan 2, 2017
Assertion Supported
O'Donnell: Brooklyn Bridge Ventures rejects startups that have raised over $750,000
“So basically, I have a rule that if you've already raised 750,000 dollars in a previous round, It's actually too late for me, and so, you know, we did napkins, and prototypes, and ideas, and founders, you know, all sorts of various versions of early, and you k…”
Charlie O'Donnell Jan 2, 2017 ▶ 4:42 20VC: Why Companies Going Bust Is Part Of The Plan, Why Most VCs Are Later Stage Than They Think & Why Venture Capital Is Humbling with Charlie O'Donnell, Founder @ Brooklyn Bridge Ventures
Jan 2, 2017 neutral
Insight
O'Donnell: A $15M fund needs $1B in portfolio value for 3x returns
“You have to create roughly about a billion dollars of total enterprise value to make a small fund like mine about a three-x fund”
Charlie O'Donnell Jan 2, 2017 ▶ 9:16 20VC: Why Companies Going Bust Is Part Of The Plan, Why Most VCs Are Later Stage Than They Think & Why Venture Capital Is Humbling with Charlie O'Donnell, Founder @ Brooklyn Bridge Ventures
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