Avi Eyal is Managing Partner of Entrée Capital. He offers advice on founder fundraising strategy and venture capital reserve strategy during market downturns.
“I think today you want to generally get the next round done by a fund that can do that, the round after that. So if you get a fund in to do the A, you want to know as a founder that the fund that's doing your A can do your B, can lead your B, because you don't know where the world will be in two, three years later, and you want your investors to be able to continue, and also continue when the chips are down, when things aren't great.”
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More from Avi Eyal
Opinion
Eyal: Andreessen Horowitz and Sequoia have become BlackRocks for startups
“And that's part of the challenge with what's happened today within the, what I call the institutionalization of VC, where Andreessen and Sequoia have become such big funds, the investment managers you know, the multiple targets are different. The RR targets ha…”
Avi EyalJul 3, 2024▶ 14:14Avi Eyal: Making $2.3BN on Monday, Stripe & PillPack from Entrée Capital MP | E1173 · 20VC with Harry Stebbings
Opinion
Avi Eyal: Israel has learned very little from October 7th
“I really fear that very little has been learned from the seventh of October and the events leading to seventh of October.”
Avi EyalJul 3, 2024▶ 55:41Avi Eyal: Making $2.3BN on Monday, Stripe & PillPack from Entrée Capital MP | E1173 · 20VC with Harry Stebbings
Opinion
Avi Eyal: Most of Israel's 120 Knesset members should step down
“And most of the a 120 members of parliament, members of the Knesset in Israel should go home.”
Avi EyalJul 3, 2024▶ 57:08Avi Eyal: Making $2.3BN on Monday, Stripe & PillPack from Entrée Capital MP | E1173 · 20VC with Harry Stebbings
Insight
Eyal: Small venture funds do not need high ownership in giant outcomes
“One doesn't need a large ownership in large outcomes when you have a small fund.”
Avi EyalJul 3, 2024▶ 7:58Avi Eyal: Making $2.3BN on Monday, Stripe & PillPack from Entrée Capital MP | E1173 · 20VC with Harry Stebbings
Disclosure
Avi Eyal: Entrée Capital sells down investments across three systematic stages
“We decided that the minute that the price per share of a current round is I won't tell you exactly, but six or eight times your price that you came into the round try sell a third. And when you get to the pre IPO round or in the IPO across that kind of timefra…”
Avi EyalJul 3, 2024▶ 30:58Avi Eyal: Making $2.3BN on Monday, Stripe & PillPack from Entrée Capital MP | E1173 · 20VC with Harry Stebbings
Insight
Eyal: Private VC insight provides no edge in public market trading
“The fact that you've known how the company operates in the private sector does not mean that you know how the company trades in a public market, where it's at the whims of trading machines, of hedge funds of other people that can manipulate the stock price and…”
Avi EyalJul 3, 2024▶ 34:49Avi Eyal: Making $2.3BN on Monday, Stripe & PillPack from Entrée Capital MP | E1173 · 20VC with Harry Stebbings
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