Pinned
🔥 up to announce @Boldstartvc Fund VII
$250M to back bold technical founders building the autonomous enterprise.
From Inception. Before the world believes.
It always starts with an idea that feels insane… until it isn’t.
🎥👇🧵
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Ed Sim
10.5K posts
Ed Sim
@edsim
@boldstartvc partnering from Inception with bold technical founders building the autonomous enterprise, weekly newsletter: What's 🔥 IT/VC 👇🏼
- 1/ We started @Boldstartvc in 2010 w/ $1m. Today, we are 🔥 up to announce boldstart v + opportunities ii, $230m to continue backing Developer First + SaaS founders from Day 1 to Scale. Same mission, just more gray hair, wisdom, 💪🏼 helping founders from idea to 🚀
00:00 - GM #Miami! After a 25yr run in NYC enterprise tech, thrilled to move to Miami 🌴 to help build a community around developer first, SaaS + crypto infra founders. ❤️ the energy🔌 + people, reminds me of NYC in early 2000s. Time to build + invest! @FrancisSuarez - let's meet! 🧵
- Some perspective on fast growing developer first + infra startups Hashicorp once valued >$14B now $6.7B, ARR run rate $322M Gitlab once valued >$15B now $5.5B, ARR run rate $268M Founders, if u haven't adjusted valuation expectations, u better 100x NTM is over for 99% of cos
- 🔥up to announce Boldstart iv + Opportunity I, $157mm to continue backing enterprise founders from Day 1 to scale. Huge 🙏🏼to the founders who chose us as their partner, our LPs who joined the @Boldstartvc family, + our many friends who supported us
- If I had to sum up what all of us do everyday in the startup world; It’s betting on people. That’s it. From investing to joining as an employee to 1st customer, the people cause us to take that leap of faith. It makes our world go round, be nice, good karma will come your way
- Replying to @Cornell and @GovKathyHochulYou can start with removing Professors who call terrorism "exhilarating" vs. giving a paid leave of absence, helps students understand the clear bright line of good vs. evil vs. free speech, creates a slippery slope
- Absolutely best in class M&A @salesforce! With the influx of 💰💰💰 for all of these private 🦄, the ones who start early & build a M&A playbook will be well set up to dominate in the future. Challenge is trying to find the founders before they are offered VC money!
- When your professor is not fired but takes a leave of absence for calling terrorist attacks by Hamas “exhilarating” this is what happens next. Time to step up and stop this madness @Cornell - this is not OK and escalating.
- Founders, when raising your round, remember you are not looking for “investors" but "partners”
- Announcing $367M in new @Boldstartvc funds, vi $192,168,111 + opp iii $175M for existing cos🚀 Same mission + more excited than ever to be a Day One partner for technical, under🐶 founders building the future of Developer First, Crypto Infra & SaaS Who's ready to build 🏗️?
00:00 - Every consumer investor is now a SaaS investor Every SaaS investor now an infrastructure and developer investor The rule of VC many years ago in mid-late 90s was u can’t make 💰💰💰 with devs Rule of next 20 yrs, you can only make 💰💰💰 dev first - win ❤️🧠 to win enterprise
- 1/ So you're a founder having just closed your seed and Series A firms are banging down your doors. Please don't get false signals about getting an early round done. VCs reaching out does not = interest - it means getting to know you and being ready in case something does happen.
- Access to capital for enterprise startups has never been better. Access to talent for enterprise startups has never been worse. The winners in the next 5 to 10 years will be those who can build a hiring machine and get the best talent, not the ones who raise the most capital.
