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Landon Howell

Marketing at ๐Ÿš€ Rocketplace - Techstars & First Round Mentor

๐Ÿ‘‹ Hey, I'm Landon! I tackle ops and growth needs at early-stage startups.

๐Ÿš€ I currently lead Marketing at Rocketplace.

๐Ÿ— More recently I served as a growth exec at Plastiq (Forbes FinTech 50), Fancred (Techstars class #22), Wyndy, Alysyn, and a couple of products that have since entered the startup afterlife.

๐Ÿ‘จโ€๐Ÿ’ป Iโ€™m an advisor to MaxRewards, Poppy, and Chant, and a mentor at Techstars and First Round.

Highlights

Aug 17ย ยทย linkedin

If you are fundraising or thinking about fundraising for your startup, you need to read this report.

Cartaโ€™s VC Fund Performance Report reminds us that we are living in a time of careful deployment and a high percentage of zombie funds. Whatever the market was from late 2020 through 2021, the current market is almost the opposite.

๐Ÿข ๐—–๐—ฎ๐—ฝ๐—ถ๐˜๐—ฎ๐—น ๐——๐—ฒ๐—ฝ๐—น๐—ผ๐˜†๐—บ๐—ฒ๐—ป๐˜ ๐—ฆ๐—น๐—ผ๐˜„๐—ฒ๐—ฑ: Funds in the 2022 vintage have deployed only 43% of their committed capital at the 24-month mark, the lowest share of any analyzed vintageโ€‹.

๐ŸŒฑ ๐—™๐—ฒ๐˜„๐—ฒ๐—ฟ ๐—š๐—ฟ๐—ฎ๐—ฑ๐˜‚๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐˜€: Only 15.4% of startups that raised a seed round in Q1 2022 made it to Series A within two yearsโ€‹.

โคต๏ธ ๐——๐—ฟ๐—ผ๐—ฝ ๐—ถ๐—ป ๐—™๐˜‚๐—ป๐—ฑ ๐—ฃ๐—ฒ๐—ฟ๐—ณ๐—ผ๐—ฟ๐—บ๐—ฎ๐—ป๐—ฐ๐—ฒ: Median TVPI for the 2021 vintage remains below 1ร—, trailing behind earlier vintages that had 85% of funds crossing the 1ร— markโ€‹.

๐Ÿ“‰ ๐—œ๐—ฅ๐—ฅ ๐——๐—ฒ๐—ฐ๐—น๐—ถ๐—ป๐—ฒ: Median IRR for the 2021 vintage is still in negative territory three years in, a stark contrast to the 19.4% IRR seen in the 2019 vintage.

โณ ๐—Ÿ๐—ผ๐—ป๐—ด๐—ฒ๐—ฟ ๐—™๐˜‚๐—ป๐—ฑ๐—ฟ๐—ฎ๐—ถ๐˜€๐—ถ๐—ป๐—ด ๐—–๐˜†๐—ฐ๐—น๐—ฒ๐˜€: The median time between a seed round and Series A has stretched to over 2 years, and between Series A and B to 2.5 years.

Thanks to Peter Walker, Michael Young, Alex Lester , and Kevin Dowd for putting this together.

Aug 4ย ยทย linkedin

David Cohen is excited about the Atlanta startup ecosystem.

Techstars' CEO & Co-Founder hosted a breakfast at Ponce City Market last week. It was wonderful.

Some of the topics discussed by David and others at the event...

๐Ÿ’ต 139 startups have been a part of Techstars Atlanta Powered by Cox Enterprises and Techstars Atlanta JP Morgan.

๐Ÿ“‹ Key insights from the Techstars State of Innovation Survey: โ†’ 60% of founders say access to capital is their biggest headache โ†’ Biggest innovation drivers: VC/Angel investors (22%), Accelerator programs (19%), Community/Proximity to other startups (18%) โ†’Only 50% of VCs are somewhat or extremely optimistic for their firm this year compared to 76% of entrepreneurs โ†’ Most important issues affecting companies: Access to capital (60%), Economy/Macroeconomic environment (39%), Access to talent (29%) โ†’ Nearly one-third (31%) of entrepreneurs work at least 60 hours per week, 17% work 70 hours or more โ†’ 60% of founders are not building an AI solution, 40% say AI is a direct component or enabler of their business โ†’ Primary long-term goals for startups: Acquisition (34%), Stay private (30%), IPO (15%)

๐ŸŽ“ There are 13,000 tech graduates annually from Atlanta universities

๐Ÿฆ„ There are currently 6 current startups unicorns in Atlanta โžก๏ธ https://lnkd.in/eWj8kQvd

๐Ÿข Atlanta Tech Village is the largest tech center in the US

๐Ÿฅผ ATDC is one of the longest-running and most successful university-affiliated incubators in the U.S.

๐Ÿ Each year, Georgia Institute of Technology produces the most technology graduates of any U.S. university

๐Ÿ‘ค Atlanta is the nationโ€™s #4 city for tech talent diversity โžก๏ธ https://lnkd.in/e95jqN6z

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Experience

Marketing Team Lead at Rocketplace
Growth Consultant at Rocketplace

Education

Master of Science, Mississippi College
Bachelor of Science, Mississippi College

Location

United States