Investments

Where the Money Went in 2012

$2.5 Million Dollars Was Raised Every Day by the First Round Portfolio in 2012

$910.1 M

$16.4 B

5.5%

total capital raised
by FRC companies in 2012

total amount invested in
tech/IT by every VC firm in 2012

of dollars invested in Tech/IT companies by every US venture firm went to a FRC company

Investments & Exits

37 out of 2338 companies reviewed, or 1.53%, were invested in

* 15 investments in 2012 have yet to be announced

36:1

Every $1 FRC initially invests in a company is followed by $36 of follow-on capital from other VCs

$2.5B+

Total value of exits

2

IPOs

Data by year

2010

# new
Investments

50

# Follow-on
Financings

50

Initial capital
invested by frc

$18.7 M

follow-on capital
Raised by portfolio

$379.9 M

  A B C

Avg Change in pre-money

+218% +560% +221%

Avg new money

$4.0M $10.8M $14.2M
2012

# new
Investments

37

# Follow-on
Financings

66

Initial capital
invested by frc

$23.1 M

follow-on capital
Raised by portfolio

$801.4 M

  A B C

Avg Change in pre-money

+218% +253% +164%

Avg new money

$4.7M $17.0M $25.1M
2011

# new
Investments

34

# Follow-on
Financings

67

Initial capital
invested by frc

$13.6 M

follow-on capital
Raised by portfolio

$816.5 M

  A B C

Avg Change in pre-money

+326% +314% +215%

Avg new money

$5.7M $16.0M $28.3M

Initial investment by sector

  • consumer
  • enterprise
  • Health

2012 was the first year in FRC history in which consumer companies were less than 50% of investment dollars

64% Consumer 32% Enterprise 4% Health Image Map
44% Consumer 29% Enterprise 27% Health Image Map

investments by Source

  • 14% Angel
  • 21% entrepreneur
  • 14% previous frc founder
  • 17% vc
  • 20% other
  • 14% portfolio founder referral

We’re Nationwide

a GEOGRAPHIc look at first round COMPANIES

  • states with frc companies

480,000+

miles flown by partners

That’s 19 times around the
Earth across 7 partners

  • 31,621 Rob Hayes
  • 101,747 Howard Morgan
  • 117,000 Josh Kopelman
  • 40,000 Bill trenchard
  • 47,623 Kent Goldman
  • 80,000 Chris Fralic
  • 62,500 Phin Barnes

Destinations

Internal Innovation

The Products, Services and Events that Enable our Community

Annual CEO & CTO Summits

CEO & CTO Summit brought together the First Round Community and senior leaders from companies like Google, Facebook, Amazon, Twitter, Yammer, Etsy and Pandora, LinkedIn, Netflix and 30 more to learn how to build better technology companies together

  • 57Portfolio-
    only Events
  • 1418internal event
    Attendees
  • 50hours of
    Video Content
    created

293

Hours in board meetings

1000+

BD Connections Made

300+

Candidates Presented to Portfolio

132

Downloads of Model Board deck

131

Venture Concierge
requests completed

786

hours saved with concierge

32

Days worth of time

Our Venture Concierge exists to answer questions that require one-off research. Think of it as an on-demand consulting service.

FRC Network

694 Questions asked
1762 Answers Provided

Our network lets our CEOs ask questions, share content and learn from each other. Every year brings hundreds of questions and thousands of answers.

Service Provider Reviews

  • 1845 overall
  • 550 in 2012

We built a platform that shows who the best service providers are & who uses them within the community.

Emails by partners per day

  • 200 received
  • 100 sent

External Innovation

First Round Common App gives students from around the world the opportunity to apply to 170 portoflio comapnies with one application.

500+

student applications
in the first two weeks

170+

companies

Dorm Room Fund is a new kind of venture fund run by students for students.

600+

Students at
info session

11 students
accepted

> Most creative app

26 First Round companies came together to make gift giving just a bit easier and cheaper during the holiday season with exclusive Cyber Monday Offers.

22,051

total visits

26

companies

The goal of hackPR is to connect reporters and startups for more in-depth journalism.

3000+

Companies
Applied

200+

Journalists

Most popular browsers

  • Internet explorer
  • Chrome
  • Safari
  • Firefox
  • Mozilla
  • Android Browser

5

Events

22

Speakers

601

Attendees

"Designing for Emergence" by Tom Hulme of IDEO Design+Startup SF

12 Public events x 1723 total event attendees

Our CEOs

We’ve backed 9 First round founders twice

Founders with
undergraduate technical degree

93%

of ceos with an
undergraduate
degree

43%

of ceos with a
graduate degree

HI MY NAME IS

David

There are 11 CEOs named David, making it the most common name

1 Husband-wife
founder duo

Susan and Eric Koger, Modcloth

7435.1

AVG Twitter followers

20 Age of
Youngest founder

Sahil Lavingia,
Gumround

35.9

Avg Age

Annual Holiday Video

CAPPING OFF THE YEAR WITH A BANG.

236,547

Minutes Watched

That’s 3,942 hours or 164.2
days of attention

100,000+

Total views

That’s 125% the size of the
Cowboys Stadium at capacity

20.2%

Mobile views

468

Youtube Likes

Top traffic sources

  • 55% Direct
  • 14% direct to holiday.firstround.com
  • 11% Facebook
  • 10% Techcrunch
  • 7% Twitter

Here’s to 2013.

We look forward to continuing to support entrepreneurs in their quest to change the world in 2013