Notation Capital

6 statements across 1 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Sep 14, 2015 by Nicholas Chirls · said 32 times in 6 episodes since 2015 · across every show →

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brought up most by Harry Stebbings (24), Nicholas Chirls (8)

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Everything said about Notation Capital, oldest first

Sep 14, 2015 neutral
Disclosure
Notation Capital raised its first fund from 30 individual and institutional LPs
“So we have about 30 LPs. Half of those are, or I'd say, you know, in terms of dollar amounts, about half the fund is individuals many of whom are founders and partners that are at other VC firms and folks that, you know, we've worked with in the community for …”
Nicholas Chirls Sep 14, 2015 ▶ 23:05 20 VC 071: Pre-Seed Investing, Why Now Is The Best Time with Nicholas Chirls @ Notation Capital
Sep 14, 2015 neutral
Disclosure
Notation Capital targets high single-digit equity ownership for initial pre-seed checks
“We're focusing on having initially relatively high ownership in the companies that we work with. That's usually high single-digit percentage.”
Nicholas Chirls Sep 14, 2015 ▶ 21:34 20 VC 071: Pre-Seed Investing, Why Now Is The Best Time with Nicholas Chirls @ Notation Capital
Sep 14, 2015
Disclosure
Notation Capital writes $150K checks into pre-seed rounds under $500K
“We write on average, 150,000 dollar checks into what we, Consider pre-seed rounds, so that is typically rounds of 500 K or less”
Nicholas Chirls Sep 14, 2015 ▶ 9:27 20 VC 071: Pre-Seed Investing, Why Now Is The Best Time with Nicholas Chirls @ Notation Capital
Sep 14, 2015 bullish
Prediction Didn’t hold up
Notation Capital will exclusively back startups based in New York City
“Yeah, so at least today we're on New York, very much a New York City focused fund. The, so, so every single one of our companies that we work with will be primarily based in New York.”
Nicholas Chirls Sep 14, 2015 ▶ 15:01 20 VC 071: Pre-Seed Investing, Why Now Is The Best Time with Nicholas Chirls @ Notation Capital
Sep 14, 2015 neutral
Disclosure
Notation Capital's inaugural venture fund is just under $8 million
“Yeah, so it's just under eight million dollars.”
Nicholas Chirls Sep 14, 2015 ▶ 20:55 20 VC 071: Pre-Seed Investing, Why Now Is The Best Time with Nicholas Chirls @ Notation Capital
Sep 14, 2015 positive
Disclosure
USV partner Andy Weissman helped Notation Capital raise its first fund
“These folks were not just mentors in the sense that they helped me learn the business, but actually they helped us raise Notations First Fund in many ways, and so Andy Weissman has been has been a mentor to us, who's a partner at Union Square Ventures.”
Nicholas Chirls Sep 14, 2015 ▶ 5:33 20 VC 071: Pre-Seed Investing, Why Now Is The Best Time with Nicholas Chirls @ Notation Capital
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