Both Sides of the Table

DECEMBER 11, 2022

I started my first company in 1999 and was admittedly swept up in all of this: Magazine covers, fancy conferences, artificial valuations and easy money. Within 5 years I was on the board of real businesses with meaningful revenue, strong balance sheets, no debt and on the path to a few interesting exits.

Valuation 466

Valuation San Francisco Ratchet Liquidation Preference 466

Both Sides of the Table

APRIL 2, 2010

It in not uncommon to see a VC talk about “total assets under management&# as in “We have $1.5 billion under management.&# I don’t really understand why VCs do this since it’s mostly a meaningless number. What is total assets under management? - What IS relevant about the size of a VC’s fund?

Venture Capital 269

Venture Capital Balance Sheet Early Stage Software Review 269

Austin Startup

JULY 23, 2010

Having been founded in 1999, Zilliant is hard to categorize as a startup anymore. The company creates the leading software in an enterprise niche called pricing optimization and margin management. Most people don’t really think of pricing as an elastic thing. An item’s price is the price. So why raise money?

Balance Sheet 67

Balance Sheet Private Equity LP IPO 67

Both Sides of the Table

AUGUST 9, 2011

Venture Capitalists typically have partners’ meetings on Mondays. So the industry formed around a day of the week when all partners could avoid having company board meetings or traveling. I introduced my partners, we spent weeks with the team and felt good rapport. I need leaders who manage in good times and bad.To

Stock 305

Stock Technical Review Marketing Greece 305