Lightspeed Venture Partners

Lightspeed Venture Partners is a venture capital firm that engages in consumer, enterprise, technology, and cleantech markets.

1.0
(26)
Recommend to another founder 10%

Independent rating of Lightspeed Venture Partners VC fund

Overall rating:
1.0
(26)
Recommend to another founder: 10%
Team quality
Not reviewed
Professionalism
None
Personal qualities
None
Integrity
None
Respect and decency
None
Experience
None
Relevant expertise
None
Investment process
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Approachability
None
Clarity of the process
None
Speed of the process
None
Responsiveness
None
Ease of the process
None
Due diligence
None
Value add
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Supportiveness
None
Value add beyond financing
None
Board activity
None
Terms
None
Founder friendly
None
Help with follow-up rounds
None

About Lightspeed Venture Partners VC fund

Website:
Founded:
2000
Number of funds:
24
Number of investments:
1054
Number of exits:
197
Headquarters:
Organization type:
Venture Capital

Portfolio - latest investments by Lightspeed Venture Partners VC fund

Founders' reviews of Lightspeed Venture Partners VC fund

Team quality
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Value add
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Recommend to another founder 10%
Within 6 months by non-portfolio founder
Verified by BOUND
Hubris and arrogate VC
Cons
They invited me to speak to them, and after several minutes, they wanted to TEACH ME about the unique market i operate in, in my view they got what they deserve, I don't know many founders who approach them, their hubris backfired. And on top of this, they killed many companies because of them thinking they know it all like Jull-Avo
Advice for management
Start listening to founders, and make a house cleaning and renew your team, what you got now is simply not working in current times (in the past several years)
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Team quality
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Older than a year by non-portfolio founder
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Negative From the First Minute
I was introduced to these guys by a well respected figure in the tech startup world. Despite his enthusiastic email to LVP, the person I met with was negative about me and my business from the moment I started speaking (not to mention he was very late to our meeting).
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Value add
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Older than a year by non-portfolio founder
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Good Pitch to Yoni Very Valuable and Fun Meeting Regardless of Outcome
I pitched to Yoni and it was a treat. He was insightful, helpful and offered allot of great advice. I would love to have Yoni on my team as a board member or advisor. Regardless of the fund's investment decision the meeting was very valuable to me.
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Older than a year by non-portfolio founder
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Beware! They Will Waste Your Time!
Out of the blue, we were contacted by LSVP since they had an interest in learning about us, making us a part of their deal flow and investing in us. They gave the impression of a serious and fast moving VC, and after substantial discussions, they simultaneously asked us to come and present to the "Team," as well as set up calls with our customers.
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Value add
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Older than a year by non-portfolio founder
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Ashvin Bachireddy: Smart and Helpful, Great Network
Had a chance to pitch Ashvin Bachireddy and the experience was solid. He understood the business and identified the key drivers of value. He was able to provide several novel approaches to dealing with a couple customer acquisition issues we were facing. Though we were too early for Lightspeed he provided a number of introductions for us and continues to be helpful. We were very impressed by his knowledge of technology, network of contacts and willingness to be helpful. A rising star on Sand Hill.
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Value add
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Older than a year by non-portfolio founder
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Jeremy = Smart, Helpful, Hard Working
Jeremy is very committed to the companies he gets involved with. He is an angel investor of ours and has been extremely helpful to us. He answers my requests for help on very short notice, taking the time to provide advice on a range of topics from recruiting to product to marketing. He has a rare balance of pragmatism and boldness for a VC, and has on several occasions come up with really breakthrough advice that no one else has been able to see. For example, he took a contrarian point of view in one case and pointed out that we were trying to build a systematic solution to one issue where a manual solution could be just fine and not cost me several months of engineering.
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Value add
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Older than a year by non-portfolio founder
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Beware of Eager, Time Wasting, Powerless, Info Hungry Associates at Lsvp
Beware of charming associates who solicit you out of the blue, cajole you to cough up good market info and then proceed to be an entirely waste of time. AVOID LIKE THE PLAGUE. LSVP are known foot-draggers and in this entrepreneur's view will forever be stuck in the second tier of VCs.
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Team quality
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Value add
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Older than a year by non-portfolio founder
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Worse Pitching Experience Ever
Met with a partner that was completely unrelated to our field, from the first moment he was negative for each and every word we said (including the first slide with the title...), we asked us to rush our pitch after the first slide...and then attacked our assumptions (that have been validated by top players in the market) as we were talking nonsense, although it was clear he has no clue about our market at all.....later on he called to turn us down....
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Team quality
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Value add
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Older than a year by non-portfolio founder
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Pitched, but Never Connected to Actual Business Idea
Pitched early stage deal to Ajit Deora. He was attacking every sentence but couldn't pin us down for the simple reason that we had answers to all his concerns. Interesting experience but not very helpful.
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Value add
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Older than a year by non-portfolio founder
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Good Pitch
LSVP and Jeremy are probably the most active investors in the social gaming space. He took our meeting on a reference, was very courteous and provided us with helpful feedback.
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Team quality
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Value add
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Older than a year by non-portfolio founder
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Initial Pitch
Initial pitch went well. Andrew read our business plan, asked good questions for an industry that LVP is not currently invested in.
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Team quality
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Value add
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Older than a year by non-portfolio founder
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Lightspeed India
Do other VCs hear your ideas too, even when they're at advanced stage of due diligence with your competitor" :)
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Older than a year by non-portfolio founder
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Lightspeed Venture Partners
Background: I worked with Peter Nieh of Lightspeed Venture Partners to create MyBuys from the assets of another portfolio company in a very productive and creative manner in 2006.
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Older than a year by non-portfolio founder
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Just Say "No"
Had Peter on my board, and he was worse than useless: he actually made things worse through ineptitude, stupidity, and sheepishness.
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Value add
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Older than a year by non-portfolio founder
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Lightspeed: Peter Nieh
If a VC takes an active role in your company, he/she can either be a help or a hinderance. You may havbe taken $$ from a VC Fund, but you end up having to deal - over and over again - with one Partner.
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Value add
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Older than a year by non-portfolio founder
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Jeremy Has Contributed Materially to Our Success
We really value Jeremy's understanding of our space. He is someone who actively tries things out for himself and translates the best of Web 2.0 into suggestions for our own business.
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Value add
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Older than a year by non-portfolio founder
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An Odd Experience
Nice offices.
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Smart Guys... but Show Some Respect and Be on Time.
Very much enjoyed the meeting. Ravi was peppering with questions and Jeremy is very strong, so that was all good.
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Comment On: Smart Guys... but Show Some Respect and Be on Time.
Nabeel writes - "But showing up twenty minutes late and then joking to each other about how they always make entrepreneurs wait should be corrected behavior. We've all got busy schedules."
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Older than a year by non-portfolio founder
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Good Fund, Good Guys
I have worked with Lightspeed guys for 10+ years, in particular Peter Nieh and Ravi Mhatre. Good, hardworking guys and a good fund that understand enterprise software and how to nurture companies. They were beyond patient with some deals that went shitty after the dotcom bust.
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I Like Jeremy Liew
Jeremy is a good guy: he is always generous with his time, provides valuable feedback and he has a ton of real world operational experience- unlike some others you meet around the Valley.
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Ajit is Prompt
Setting up a meeting with Ajit was a good experience since he took pains to have his staff co-ordinate the meeting (especially since I was flying in from Asia for a limited time).
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Value add
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Positive Experience When Pitching to Ravi Mhate
When we pitched to Ravi, he was very engaged and efficiently came up to speed with our technology. Our technology and market is not obvious, but by the second meeting I clearly feel he understands our space by way of his follow-on intense and engaging questions. I know people have different opinions of people, but I have to honestly say that working with Ravi has been a very positive experience for me and one of the best I have had.
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Older than a year by non-portfolio founder
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Ajit Deora is a Very Good Person.
Ajit Deora at Lightspeed is a genuinely nice person. He will go out of his way to help entrepreneurs as he has built companies and understands what you are going through. He is extremely sharp and gives great feedback. I highly recommend him and if you are doing something releated to wireless or web servies, do contact him.
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Older than a year by non-portfolio founder
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Have a Decision Making Problem
More heat than light
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Difficult to Work With
Some partners are difficult to work with, and require a lot of management attention for upward management of the board. Be ready to spend many cycles with them
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