Venture Capital for Long Tail Entrepreneurs

“Venture Capital for the Long Tail”
                                describes the need for a fundamentally
                                different, economically viable model
                                for creating and funding micro-
                                businesses. Venture capital needs a
                                new model to adapt to declining costs
                                to start businesses, the impact of
                                Generation Y and increased personal
                                and corporate transparency and
                                sharing.

                                SXSW, Sunday, March 15, Event tag: #SX09-682




@ Taylor Davidson | Unstructured Ventures
Photography@taylordavidson.com
Business@unstructuredventures.com


+1 540.860.4119, @tdavidson, business strategy,
photography, innovation, entrepreneurship,
financial modeling, nomad, perspective, hope
THIS IS NOT
    “How to raise venture capital.”
    “How to fund your startup.”
    “What is the right funding and operational
    model for a venture capital firm today.”



    INSTEAD
    The future will be different than today;
    What cultural, business, technological and
    political trends are “framing” our future?




@ Taylor Davidson | Unstructured Ventures
TEN FRAMES +1




@ Taylor Davidson | Unstructured Ventures
A. Value is created at the
    edges, but captured at the
    hubs.
    B. The Long Tail has many
    edges ”and it better have a
    hub”.




@ Taylor Davidson | Unstructured Ventures
… preferred and common equity, convertible debt, venture debt, SBA, SBIC, DARPA, university
    research grants, mutual guarantee funds, angel, seed, pre-seed, Series A, B, C, “friends and family”,
    angel and entrepreneur investment tax credits, bootstrapping, consulting, bridge financing, “smart”
    and “dumb” money, mentorship-based capital, social venture commons …




                                                     Broken or not, venture
                                                     capital is ripe for
                                                     creative destruction
                                                     and reconstruction.




@ Taylor Davidson | Unstructured Ventures
Incubate people, not
                                            companies.

                                            “Lifestyle business” shouldn’t be a
                                            dirty word.




@ Taylor Davidson | Unstructured Ventures
Collaboration is a core
                                            competence.




@ Taylor Davidson | Unstructured Ventures
Companies are people.

    “Transparent lives” will create
    “transparent companies”.


@ Taylor Davidson | Unstructured Ventures
“Scaling people” is the
                                            untapped promise of
                                            the Internet.

                                            Creating context is more valuable
                                            than creating content.




@ Taylor Davidson | Unstructured Ventures
Social capital isn’t
                                            new, but everything
                                            about it is.



@ Taylor Davidson | Unstructured Ventures
Value (flow) is king.

                                            Value > Cash
                                            Flow > Stock

@ Taylor Davidson | Unstructured Ventures
“Passion allocation” is
    more important than
    asset allocation.

    Time, passion and attention are the most
    important costs of tomorrow’s economy.




@ Taylor Davidson | Unstructured Ventures
Taylor Davidson | Unstructured Ventures
Generation Y isn’t
                                            waiting around.

                                            Conflicts create companies.

@ Taylor Davidson | Unstructured Ventures
Everyone is a futurist.

                                            Yet we’ll almost always be wrong.




@ Taylor Davidson | Unstructured Ventures
1 of 14

Recommended

2011 kbs+ Ventures Annual Report by
2011 kbs+ Ventures Annual Report2011 kbs+ Ventures Annual Report
2011 kbs+ Ventures Annual ReportTaylor Davidson
1K views26 slides
Moments from New Orleans by
Moments from New OrleansMoments from New Orleans
Moments from New OrleansTaylor Davidson
905 views23 slides
"The Future" of Stock Photography by
"The Future" of Stock Photography"The Future" of Stock Photography
"The Future" of Stock PhotographyTaylor Davidson
905 views13 slides
Long Way Home by
Long Way HomeLong Way Home
Long Way HomeTaylor Davidson
651 views58 slides
Be On Point: How to stop doing things that don't matter by
Be On Point: How to stop doing things that don't matterBe On Point: How to stop doing things that don't matter
Be On Point: How to stop doing things that don't matterTaylor Davidson
729 views20 slides
Everyone can be a Professional Photographer (SXSW 2010) by
Everyone can be a Professional Photographer (SXSW 2010)Everyone can be a Professional Photographer (SXSW 2010)
Everyone can be a Professional Photographer (SXSW 2010)Taylor Davidson
1.2K views12 slides

More Related Content

More from Taylor Davidson

kbs Ventures Fellows by
kbs Ventures Fellowskbs Ventures Fellows
kbs Ventures FellowsTaylor Davidson
1K views17 slides
The Internet of Things ... is about People (Startup Iceland) by
The Internet of Things ... is about People (Startup Iceland)The Internet of Things ... is about People (Startup Iceland)
The Internet of Things ... is about People (Startup Iceland)Taylor Davidson
1.6K views56 slides
The State of Programmatic by
The State of ProgrammaticThe State of Programmatic
The State of ProgrammaticTaylor Davidson
1.2K views47 slides
Fundraising for Entrepreneurs by
Fundraising for EntrepreneursFundraising for Entrepreneurs
Fundraising for EntrepreneursTaylor Davidson
4.8K views73 slides
Photography Industry Landscape by
Photography Industry LandscapePhotography Industry Landscape
Photography Industry LandscapeTaylor Davidson
1.1K views1 slide
Email Never Died. How to Build a Community through an E-Newsletter. by
Email Never Died. How to Build a Community through an E-Newsletter.Email Never Died. How to Build a Community through an E-Newsletter.
Email Never Died. How to Build a Community through an E-Newsletter.Taylor Davidson
1.6K views11 slides

More from Taylor Davidson(9)

The Internet of Things ... is about People (Startup Iceland) by Taylor Davidson
The Internet of Things ... is about People (Startup Iceland)The Internet of Things ... is about People (Startup Iceland)
The Internet of Things ... is about People (Startup Iceland)
Taylor Davidson1.6K views
Fundraising for Entrepreneurs by Taylor Davidson
Fundraising for EntrepreneursFundraising for Entrepreneurs
Fundraising for Entrepreneurs
Taylor Davidson4.8K views
Photography Industry Landscape by Taylor Davidson
Photography Industry LandscapePhotography Industry Landscape
Photography Industry Landscape
Taylor Davidson1.1K views
Email Never Died. How to Build a Community through an E-Newsletter. by Taylor Davidson
Email Never Died. How to Build a Community through an E-Newsletter.Email Never Died. How to Build a Community through an E-Newsletter.
Email Never Died. How to Build a Community through an E-Newsletter.
Taylor Davidson1.6K views
Creating Context for your Content by Taylor Davidson
Creating Context for your ContentCreating Context for your Content
Creating Context for your Content
Taylor Davidson862 views
How to use Twitter to market your photography by Taylor Davidson
How to use Twitter to market your photographyHow to use Twitter to market your photography
How to use Twitter to market your photography
Taylor Davidson714 views
How To Fail: 25 Secrets Learned through Failure by Taylor Davidson
How To Fail: 25 Secrets Learned through FailureHow To Fail: 25 Secrets Learned through Failure
How To Fail: 25 Secrets Learned through Failure
Taylor Davidson5.4K views

Recently uploaded

Motilal Oswal Small Cap Fund One Pager.pdf by
Motilal Oswal Small Cap Fund One Pager.pdfMotilal Oswal Small Cap Fund One Pager.pdf
Motilal Oswal Small Cap Fund One Pager.pdfmultigainfinancial
162 views2 slides
01-SamcoMF DAAF_IDBIBank_page-0001.pdf by
01-SamcoMF DAAF_IDBIBank_page-0001.pdf01-SamcoMF DAAF_IDBIBank_page-0001.pdf
01-SamcoMF DAAF_IDBIBank_page-0001.pdfmultigainfinancial
7 views2 slides
Embracing the eFarming Challenge.pdf by
Embracing the eFarming Challenge.pdfEmbracing the eFarming Challenge.pdf
Embracing the eFarming Challenge.pdframadhan04116
7 views1 slide
The breath of the investment grade and the unpredictability of inflation - Eu... by
The breath of the investment grade and the unpredictability of inflation - Eu...The breath of the investment grade and the unpredictability of inflation - Eu...
The breath of the investment grade and the unpredictability of inflation - Eu...Antonis Zairis
10 views1 slide
InitVerse :Blockchain technology trends in 2024.pdf by
InitVerse :Blockchain technology trends in 2024.pdfInitVerse :Blockchain technology trends in 2024.pdf
InitVerse :Blockchain technology trends in 2024.pdfInitVerse Blockchain
17 views9 slides
OAT_RI_Ep14 WeighingTheRisks_Nov23_GeopoliticalConcerns.pptx by
OAT_RI_Ep14 WeighingTheRisks_Nov23_GeopoliticalConcerns.pptxOAT_RI_Ep14 WeighingTheRisks_Nov23_GeopoliticalConcerns.pptx
OAT_RI_Ep14 WeighingTheRisks_Nov23_GeopoliticalConcerns.pptxhiddenlevers
18 views4 slides

Recently uploaded(20)

Embracing the eFarming Challenge.pdf by ramadhan04116
Embracing the eFarming Challenge.pdfEmbracing the eFarming Challenge.pdf
Embracing the eFarming Challenge.pdf
ramadhan041167 views
The breath of the investment grade and the unpredictability of inflation - Eu... by Antonis Zairis
The breath of the investment grade and the unpredictability of inflation - Eu...The breath of the investment grade and the unpredictability of inflation - Eu...
The breath of the investment grade and the unpredictability of inflation - Eu...
Antonis Zairis10 views
OAT_RI_Ep14 WeighingTheRisks_Nov23_GeopoliticalConcerns.pptx by hiddenlevers
OAT_RI_Ep14 WeighingTheRisks_Nov23_GeopoliticalConcerns.pptxOAT_RI_Ep14 WeighingTheRisks_Nov23_GeopoliticalConcerns.pptx
OAT_RI_Ep14 WeighingTheRisks_Nov23_GeopoliticalConcerns.pptx
hiddenlevers18 views
TriStar Gold- Corporate Presentation - December 2023 by Adnet Communications
TriStar Gold- Corporate Presentation - December 2023TriStar Gold- Corporate Presentation - December 2023
TriStar Gold- Corporate Presentation - December 2023
Indias Sparkling Future : Lab-Grown Diamonds in Focus by anujadeodhar4
Indias Sparkling Future : Lab-Grown Diamonds in FocusIndias Sparkling Future : Lab-Grown Diamonds in Focus
Indias Sparkling Future : Lab-Grown Diamonds in Focus
anujadeodhar48 views
score 10000.pdf by sadimd007
score 10000.pdfscore 10000.pdf
score 10000.pdf
sadimd00710 views
GroupPresentation_MicroEconomics by BethanyAline
GroupPresentation_MicroEconomicsGroupPresentation_MicroEconomics
GroupPresentation_MicroEconomics
BethanyAline34 views
Topic 37 copy.pptx by saleh176
Topic 37 copy.pptxTopic 37 copy.pptx
Topic 37 copy.pptx
saleh1765 views
Pandit No2 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam... by Amil baba
Pandit No2 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam...Pandit No2 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam...
Pandit No2 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam...
Amil baba7 views
Debt Watch | ICICI Prudential Mutual Fund by iciciprumf
Debt Watch | ICICI Prudential Mutual FundDebt Watch | ICICI Prudential Mutual Fund
Debt Watch | ICICI Prudential Mutual Fund
iciciprumf7 views
Teaching Third Generation Islamic Economics by Asad Zaman
Teaching Third Generation Islamic EconomicsTeaching Third Generation Islamic Economics
Teaching Third Generation Islamic Economics
Asad Zaman220 views
QNBFS Daily Market Report November 29, 2023 by QNB Group
QNBFS Daily Market Report November 29, 2023QNBFS Daily Market Report November 29, 2023
QNBFS Daily Market Report November 29, 2023
QNB Group10 views
Stock Market Brief Deck 1129.pdf by Michael Silva
Stock Market Brief Deck 1129.pdfStock Market Brief Deck 1129.pdf
Stock Market Brief Deck 1129.pdf
Michael Silva55 views
Development Economics.pptx by Nithin Kumar
Development Economics.pptxDevelopment Economics.pptx
Development Economics.pptx
Nithin Kumar11 views

Venture Capital for Long Tail Entrepreneurs

  • 1. “Venture Capital for the Long Tail” describes the need for a fundamentally different, economically viable model for creating and funding micro- businesses. Venture capital needs a new model to adapt to declining costs to start businesses, the impact of Generation Y and increased personal and corporate transparency and sharing. SXSW, Sunday, March 15, Event tag: #SX09-682 @ Taylor Davidson | Unstructured Ventures Photography@taylordavidson.com Business@unstructuredventures.com +1 540.860.4119, @tdavidson, business strategy, photography, innovation, entrepreneurship, financial modeling, nomad, perspective, hope
  • 2. THIS IS NOT “How to raise venture capital.” “How to fund your startup.” “What is the right funding and operational model for a venture capital firm today.” INSTEAD The future will be different than today; What cultural, business, technological and political trends are “framing” our future? @ Taylor Davidson | Unstructured Ventures
  • 3. TEN FRAMES +1 @ Taylor Davidson | Unstructured Ventures
  • 4. A. Value is created at the edges, but captured at the hubs. B. The Long Tail has many edges ”and it better have a hub”. @ Taylor Davidson | Unstructured Ventures
  • 5. … preferred and common equity, convertible debt, venture debt, SBA, SBIC, DARPA, university research grants, mutual guarantee funds, angel, seed, pre-seed, Series A, B, C, “friends and family”, angel and entrepreneur investment tax credits, bootstrapping, consulting, bridge financing, “smart” and “dumb” money, mentorship-based capital, social venture commons … Broken or not, venture capital is ripe for creative destruction and reconstruction. @ Taylor Davidson | Unstructured Ventures
  • 6. Incubate people, not companies. “Lifestyle business” shouldn’t be a dirty word. @ Taylor Davidson | Unstructured Ventures
  • 7. Collaboration is a core competence. @ Taylor Davidson | Unstructured Ventures
  • 8. Companies are people. “Transparent lives” will create “transparent companies”. @ Taylor Davidson | Unstructured Ventures
  • 9. “Scaling people” is the untapped promise of the Internet. Creating context is more valuable than creating content. @ Taylor Davidson | Unstructured Ventures
  • 10. Social capital isn’t new, but everything about it is. @ Taylor Davidson | Unstructured Ventures
  • 11. Value (flow) is king. Value > Cash Flow > Stock @ Taylor Davidson | Unstructured Ventures
  • 12. “Passion allocation” is more important than asset allocation. Time, passion and attention are the most important costs of tomorrow’s economy. @ Taylor Davidson | Unstructured Ventures Taylor Davidson | Unstructured Ventures
  • 13. Generation Y isn’t waiting around. Conflicts create companies. @ Taylor Davidson | Unstructured Ventures
  • 14. Everyone is a futurist. Yet we’ll almost always be wrong. @ Taylor Davidson | Unstructured Ventures