@kaycaena.bsky.social
When should founders start thinking of M&A?
▶️ If you've raised VC & are post seed, then you absolutely have to start planning
▶️ M&As are rare - only 2.3% end up being acquired
▶️ starting early, being clear on capabilities & building relationships increase your chances
▶️ If you've raised VC & are post seed, then you absolutely have to start planning
▶️ M&As are rare - only 2.3% end up being acquired
▶️ starting early, being clear on capabilities & building relationships increase your chances
March 15, 2025 at 10:04 AM
When should founders start thinking of M&A?
▶️ If you've raised VC & are post seed, then you absolutely have to start planning
▶️ M&As are rare - only 2.3% end up being acquired
▶️ starting early, being clear on capabilities & building relationships increase your chances
▶️ If you've raised VC & are post seed, then you absolutely have to start planning
▶️ M&As are rare - only 2.3% end up being acquired
▶️ starting early, being clear on capabilities & building relationships increase your chances
First, it started as a whisper, now a murmur—and when you hear the roar, it's too late
Venture capital is shifting as LPs question returns, incentives, and its core foundations.
Bloomberg’s review of World Eaters: How Venture Capital is Cannibalizing the Economy lays out the case
Venture capital is shifting as LPs question returns, incentives, and its core foundations.
Bloomberg’s review of World Eaters: How Venture Capital is Cannibalizing the Economy lays out the case
March 15, 2025 at 6:11 AM
First, it started as a whisper, now a murmur—and when you hear the roar, it's too late
Venture capital is shifting as LPs question returns, incentives, and its core foundations.
Bloomberg’s review of World Eaters: How Venture Capital is Cannibalizing the Economy lays out the case
Venture capital is shifting as LPs question returns, incentives, and its core foundations.
Bloomberg’s review of World Eaters: How Venture Capital is Cannibalizing the Economy lays out the case
There are 2 types of new founders aspiring to build venture scale businesses
1️⃣ have multiple term sheets B4 starting out &
2️⃣ will spend yrs hustling unsuccessfully to raise
1️⃣ have multiple term sheets B4 starting out &
2️⃣ will spend yrs hustling unsuccessfully to raise
February 16, 2025 at 5:15 AM
There are 2 types of new founders aspiring to build venture scale businesses
1️⃣ have multiple term sheets B4 starting out &
2️⃣ will spend yrs hustling unsuccessfully to raise
1️⃣ have multiple term sheets B4 starting out &
2️⃣ will spend yrs hustling unsuccessfully to raise
It's D-Day!
Our live online session to talk about M&A for growth startups starts in a few hours
Join us at Noon UK time for what promises to be an insightful session
If you've not signed up, there are just a few slots left.
bit.ly/MandAWorkshop
Our live online session to talk about M&A for growth startups starts in a few hours
Join us at Noon UK time for what promises to be an insightful session
If you've not signed up, there are just a few slots left.
bit.ly/MandAWorkshop
January 30, 2025 at 8:43 AM
It's D-Day!
Our live online session to talk about M&A for growth startups starts in a few hours
Join us at Noon UK time for what promises to be an insightful session
If you've not signed up, there are just a few slots left.
bit.ly/MandAWorkshop
Our live online session to talk about M&A for growth startups starts in a few hours
Join us at Noon UK time for what promises to be an insightful session
If you've not signed up, there are just a few slots left.
bit.ly/MandAWorkshop
Investors: hot deals get done so fast there’s no time to do DD
The Hot Startup:
The Hot Startup:
January 23, 2025 at 3:09 AM
Investors: hot deals get done so fast there’s no time to do DD
The Hot Startup:
The Hot Startup:
Over the past few months, my networking has shifted from seeking people who can help my goals to building a network
Sounds same but a big difference btw
‼️ Get to an event, identify relevant targets to "pitch" & farm contact details
✅ Speak to everyone to build a connection / shared values
Sounds same but a big difference btw
‼️ Get to an event, identify relevant targets to "pitch" & farm contact details
✅ Speak to everyone to build a connection / shared values
January 6, 2025 at 1:12 PM
Over the past few months, my networking has shifted from seeking people who can help my goals to building a network
Sounds same but a big difference btw
‼️ Get to an event, identify relevant targets to "pitch" & farm contact details
✅ Speak to everyone to build a connection / shared values
Sounds same but a big difference btw
‼️ Get to an event, identify relevant targets to "pitch" & farm contact details
✅ Speak to everyone to build a connection / shared values
May your 2025 be filled with amazing beauty 🫶🏻🙌🥰
January 1, 2025 at 7:54 AM
May your 2025 be filled with amazing beauty 🫶🏻🙌🥰
May your 2025 be filled with amazing beauty 🫶🏻🙌🥰
January 1, 2025 at 7:43 AM
May your 2025 be filled with amazing beauty 🫶🏻🙌🥰
Founders and investors need to be more proactive in achieving soft landing for zombie startups
It’s irresponsible to leave employees & customers in the cold just because it’s no longer “venture scale”
Glad to see Bench Accounting resuscitated two days after shutdown announcement
It’s irresponsible to leave employees & customers in the cold just because it’s no longer “venture scale”
Glad to see Bench Accounting resuscitated two days after shutdown announcement
December 30, 2024 at 7:07 PM
Founders and investors need to be more proactive in achieving soft landing for zombie startups
It’s irresponsible to leave employees & customers in the cold just because it’s no longer “venture scale”
Glad to see Bench Accounting resuscitated two days after shutdown announcement
It’s irresponsible to leave employees & customers in the cold just because it’s no longer “venture scale”
Glad to see Bench Accounting resuscitated two days after shutdown announcement
Spent the weekend outdoors, running and enjoying good weather on the beach
Bring on the work week
Bring on the work week
December 8, 2024 at 4:24 PM
Spent the weekend outdoors, running and enjoying good weather on the beach
Bring on the work week
Bring on the work week
The power law is failing average VCs
These two charts are exactly the same returns profile - 3.2x
One is elusive and one is more achievable
I believe VC will move towards a normal returns profile over the next few years
These two charts are exactly the same returns profile - 3.2x
One is elusive and one is more achievable
I believe VC will move towards a normal returns profile over the next few years
December 5, 2024 at 7:17 AM
The power law is failing average VCs
These two charts are exactly the same returns profile - 3.2x
One is elusive and one is more achievable
I believe VC will move towards a normal returns profile over the next few years
These two charts are exactly the same returns profile - 3.2x
One is elusive and one is more achievable
I believe VC will move towards a normal returns profile over the next few years
Founders get flak for being delusional, chasing unicorn dream that is out of reach to 99%
Looking at the numbers, it's same with investors
❌ 75% of VC funds can't beat S&P 500
❌ Loads of zombie VCs - taking meetings but run out of funds and can't raise another fund
Looking at the numbers, it's same with investors
❌ 75% of VC funds can't beat S&P 500
❌ Loads of zombie VCs - taking meetings but run out of funds and can't raise another fund
December 5, 2024 at 7:17 AM
Founders get flak for being delusional, chasing unicorn dream that is out of reach to 99%
Looking at the numbers, it's same with investors
❌ 75% of VC funds can't beat S&P 500
❌ Loads of zombie VCs - taking meetings but run out of funds and can't raise another fund
Looking at the numbers, it's same with investors
❌ 75% of VC funds can't beat S&P 500
❌ Loads of zombie VCs - taking meetings but run out of funds and can't raise another fund
#1 job as a founder is to just hang in there
Stay in the game and eventually you catch a break
Stay in the game and eventually you catch a break
December 3, 2024 at 2:11 PM
#1 job as a founder is to just hang in there
Stay in the game and eventually you catch a break
Stay in the game and eventually you catch a break
Beautiful run last night
Grateful to live in a beautiful city
Grateful to live in a beautiful city
November 30, 2024 at 6:04 AM
Beautiful run last night
Grateful to live in a beautiful city
Grateful to live in a beautiful city
On Tuesday, a SF AI-founder was arrested for defrauding investors by misrepresenting revenue and metrics while fundraising ‼️
Investors should bear a lot of the blame for not conducting basic due diligence 🔍
🚩From a recent DD mandate, here’s just some ways founders inflate numbers
Investors should bear a lot of the blame for not conducting basic due diligence 🔍
🚩From a recent DD mandate, here’s just some ways founders inflate numbers
November 30, 2024 at 5:59 AM
On Tuesday, a SF AI-founder was arrested for defrauding investors by misrepresenting revenue and metrics while fundraising ‼️
Investors should bear a lot of the blame for not conducting basic due diligence 🔍
🚩From a recent DD mandate, here’s just some ways founders inflate numbers
Investors should bear a lot of the blame for not conducting basic due diligence 🔍
🚩From a recent DD mandate, here’s just some ways founders inflate numbers
Can you guess where?
November 29, 2024 at 4:47 PM
Can you guess where?
The Forbes list to jail pipeline trend is undefeated
At some points investors will demand more... until then it's fake it till you make it
At some points investors will demand more... until then it's fake it till you make it
November 27, 2024 at 12:10 PM
The Forbes list to jail pipeline trend is undefeated
At some points investors will demand more... until then it's fake it till you make it
At some points investors will demand more... until then it's fake it till you make it
Work mode: trainer
The week promises to be fun
The week promises to be fun
November 26, 2024 at 4:28 AM
Work mode: trainer
The week promises to be fun
The week promises to be fun
It takes a deeply delusional character to be a startup founder
Yes, the highs are great but 4 years into my journey, the lows have nearly destroyed me
I’ve experienced it all:
✅ Failing to raise funding
✅ Getting into personal debt
✅ Product issues
What failures have you experienced?
Yes, the highs are great but 4 years into my journey, the lows have nearly destroyed me
I’ve experienced it all:
✅ Failing to raise funding
✅ Getting into personal debt
✅ Product issues
What failures have you experienced?
November 21, 2024 at 4:41 PM
It takes a deeply delusional character to be a startup founder
Yes, the highs are great but 4 years into my journey, the lows have nearly destroyed me
I’ve experienced it all:
✅ Failing to raise funding
✅ Getting into personal debt
✅ Product issues
What failures have you experienced?
Yes, the highs are great but 4 years into my journey, the lows have nearly destroyed me
I’ve experienced it all:
✅ Failing to raise funding
✅ Getting into personal debt
✅ Product issues
What failures have you experienced?
Difficult to understand how well funded startups are unable to turn a profit
ServiceTitan just filed for IPO
Loss making despite $1.5bn raised and 12 years in existence
ReInvesting cash at early stage to turbo charge growth is understandable
But a mature company?
Where does it stop?
ServiceTitan just filed for IPO
Loss making despite $1.5bn raised and 12 years in existence
ReInvesting cash at early stage to turbo charge growth is understandable
But a mature company?
Where does it stop?
November 20, 2024 at 5:48 PM
Difficult to understand how well funded startups are unable to turn a profit
ServiceTitan just filed for IPO
Loss making despite $1.5bn raised and 12 years in existence
ReInvesting cash at early stage to turbo charge growth is understandable
But a mature company?
Where does it stop?
ServiceTitan just filed for IPO
Loss making despite $1.5bn raised and 12 years in existence
ReInvesting cash at early stage to turbo charge growth is understandable
But a mature company?
Where does it stop?
Today’s run was a 10km to start the week off
Aiming for 40km by Sunday
Aiming for 40km by Sunday
November 19, 2024 at 5:21 PM
Today’s run was a 10km to start the week off
Aiming for 40km by Sunday
Aiming for 40km by Sunday
One of the biggest misconceptions about entrepreneurship is that it is an “easy win”
Most success founders have to struggle for many years before succeeding
If you’re just starting out, don’t get discouraged when things go against you
Just keeping going
Most success founders have to struggle for many years before succeeding
If you’re just starting out, don’t get discouraged when things go against you
Just keeping going
November 19, 2024 at 5:02 PM
One of the biggest misconceptions about entrepreneurship is that it is an “easy win”
Most success founders have to struggle for many years before succeeding
If you’re just starting out, don’t get discouraged when things go against you
Just keeping going
Most success founders have to struggle for many years before succeeding
If you’re just starting out, don’t get discouraged when things go against you
Just keeping going