VC in Peril? 5 Great Recs. Fundraising Intro ??
Full Send - Accounting | Data
Elevating YOUR Data - Accounting | Financial | Operational >>> An Accounting & Data Advisory Firm for Growth Companies
Howdy ??.?We’re glad you’re here. We like to think of No Half Sends as edutainment - like you have fun reading it and may just learn something cool. Today, we’re mixing it up and throwing in some crowdsourced recommendations for you while also highlighting one of our clients who has experienced incredible growth and is currently fundraising - more details below.
To frame our update: we help growing companies elevate their financial and operational data through leveraging the best humans, platforms, and tech in the market.
Let’s Dive In ??
?? TL;DR
?? The Reckoning of Venture Capital?
Trigger alert if you’re in the VC ecosystem…I came across this X thread and it’s hard to argue with the guy. Take a look ??
The Venture Capital Apocalypse is coming...it might even be here already. The venture capital asset class is facing a watershed moment. Orphaned/Zombie VC software companies are everywhere. I'm a 'DATA DRIVEN' guy so I'm going to show you 6 graphs that illustrate how dire the… pic.twitter.com/zqVNzb9HBl
Before hopping into analysis on this, here is another data point from Carta that shows the percentage of startups that raised a Series A round within 2 years of their Seed funding. Not a great signal.
OK, so let’s assume that the analysis is correct and we see a wave of VC’s sub $50M AUM fail to raise another fund / discontinue to invest. Here are my $.02 on the ripple effect:
???Early-Stage Funding Crunch – Seed and pre-seed capital becomes more scarce, making it harder for new startups to get off the ground. Angel investors and accelerators begin to see more opportunities, but founders would face longer fundraising cycles and tougher terms.
???Valuations Drop, Terms Tighten – With fewer VCs bidding on deals, startups would see lower valuations and more dilution. Econ 101 - Demand decreases, prices decrease. Bridge rounds and alternative financing (revenue-based loans, corporate VC) begin to become critical survival tools.
? Survival of the Leanest – The “growth at all costs” playbook is thrown out the window, replaced by a prioritization on capital efficiency and profitability. Startups with strong fundamentals will thrive, while weaker ones will struggle to secure funding. There’s a +1 for outsourcing your accounting.
Venture Capital funding will continue on, but the larger firms may shift their focus to later stage and stronger performing companies.
What do you think? On the mark? Way off base? Let me know at [email protected].
?? Full Send Recommendations
***no affiliates, just cool stuff***
?? Need to know: Business News
>?How to Create a Business Plan with Looming Tariffs. Rhetoric is slowly turning into action and businesses are on edge about how the potential of tariffs will impact their forecast. Here’s a tip: don’t over think it. With uncertainty at the macroeconomic level (isn’t that always & forever?), it’s easy to jump into a doomsday scenario that everything will change in the blink of an eye. It’s important to be prepared, but remember to focus on the intersection of things that you can control (hint: not tariffs) and things that matter. Here’s a good overview on how to be thinking about it in your planning cycles. Note: no affiliation or recommendation of underlying product. (How to Plan for the Impact of Tariffs)
>?xAI’s Grok 3 ‘Beat’ Leading Models, Like OpenAI. Do We Care? AI FOMO is real. Are you using the newest DuoSeek 3o mini+ model? No? Me neither. Let’s be honest, it’s getting to be a little excessive. The rate at which new models are being released is truly mind boggling. It’s awesome, but we’re indexing less on what underlying models are being used and more on the practicality of improving outcomes for our team and our clients - in the securest way possible. (Let’s Just Ignore The Benchmarks)
>?Carried Interest Tax Break Could Be Going Away. Go hug an investor today. Life isn’t always Patagonia vests and roses. While this effort is messaged to create more balance of tax burden amongst income classes, there is something to be said about the calculated risks that investors take on in order to generate a meaningful impact on the economy. Should that be rewarded with a lower tax? Not my call to make, but should the legislation pass, it could create a ripple effect of change in investment strategies. (So, What’s Happening with Carried Interest?)
Are you fundraising/hiring? Know someone who is? We want to feature those in our network who are seeking capital, connections, or resources. Reach out to us at [email protected] for more information!
?? Full Send Fundraising Highlight: Series A Fundraise
Review the company profile below and let us know if you would be interested in discussing their fundraise. Accredited/Institutional investors only.
If you are interested in a connection to this company and are an institutional or accredited investor, please reach out to us personally or at [email protected] for more information! Feel free to pass along this to any interested parties as well.
Help share No Half Sends???
As a reminder, Full Send provides accounting services for $1M to $20M growth businesses and our data team helps scale businesses beyond $20M. If you or someone you love is struggling with their accountant that never calls them back or their data that never seems to be organized, don’t hesitate to reach out.
Wouldn’t the world be a better place if more businesses had access to top-notch accounting, data, and high-caliber humans? Take a minute to share our newsletter with your friends—they’ll thank you for having access to accountants with taste. Sub here.
We want to amplify voices of the builders, backers, and servant leaders. Reach out!
?? If you’d like to be featured or have a message that would be helpful for our community, please let us know.
??? Sending It in the Wild
> February for Full Send is full! A team retreat in Buenos Aires, onboarding new team members (announcing soon), and continuing to embrace our growth trajectory while focusing on serving our clients well, living full lives, and create improved outcomes for everyone involved. Growth is a journey and we are grateful to have the opportunity to work alongside such amazing clients and team members.
> Here are the greatest hits from our #fullsenders channel in slack over the last month. A little bit of everything. Team retreats, vacations, Full Send spotted in the wild, and celebrating an incoming full send baby ??
Clickbait:?
Twitter got twisted with this brain melting optical illusion. The good news is that no matter what number you see, we’re still proud of you.
Why No Half Sends? We’re on a mission to elevate data through high quality accounting, finance, and data services, building more knowledgeable and engaged team members, and engaging in our industry to move our world forward.
Send us your feedback at?[email protected] and help us stay as sendy as humanly possible. We’re ready to listen.
?? We bring financial clarity to your business | Business Development at Wells Virtual Bookkeeping, LLC ?? | Empowering Small Business Success | Virtual Bookkeeping Specialist | Trusted Guide for Start-Up & Growth Phases
1 周Solid reminder that in business, commitment is key.