Serious Questions Every Startup Should Ask Now
I believe every startup should dream big, be tenacious, iterate always, and change the world. But whether in plenty or in want, RIGHT NOW every startup on planet earth should take their entire core team to the mirror and ask themselves these questions:
Sometimes a Moonshot Is Literally a Moonshot
Promus Ventures is excited to be part of the $12M Seed Round announced by Lunar Outpost this week. Lunar Outpost’s vision is to enable an extended human presence in space while positively impacting Earth.
Space Investment Has Moved Past Max-Q, Can It Continue to Ascend?
The space industry with its myriad of new startups has now successfully gone through its own Max-Q. Over the last decade, these startups have grinded, innovated, and withstood the drag of naysayers and limited amounts of early capital to blaze ahead into higher altitudes.
Spire
Earth observation satellites. Public company - NYSE: SPIR
Spire Announces Plans to Go Public Via SPAC at $1.2B Valuation
Yesterday, two Promus Ventures portfolio companies (Rocket Lab and Spire) announced they were going public via SPAC (double the fun!). Yesterday we wrote about Rocket Lab’s $4.1B enterprise valuation announcement and today we get the privilege of trumpeting Spire and its plans to go public at a $1.2B enterpri
Spire Starts Trading on NYSE
Congratulations to Spire co-founders Peter Platzer, Jeroen Cappaert, Joel Spark and the entire Spire team on their first day of trading as a public company today (NYSE: SPIR).
Stacking Building Blocks (The Software Way)
In computer science jargon, the “software stack” is software that sits on top of a system’s core kernel (or operating system). The stack gives a feature set to the operating system, expands it function and makes it sing. The more layers a developer adds to the stack, the more enriching the experience and
Standard Treasury
Standard APIs that facilitate business with banks. Acquired by Silicon Valley Bank in 2015.
Startup Investing Isn’t Just Local Anymore
Many people still prefer to primarily invest in companies located within their local ecosystem. Their reasons assume that the geographic proximity of the founding team to their office enables better communication in helping build, scale and fund the company through its rounds.
Startup Investor Updates (If Necessary, Use Words)
I recently had a first board meeting with a talented startup team. The deck was not overly lengthy. The meeting did not last more than two hours.