Feld Thoughts

JANUARY 7, 2015

When I saw the proposal, I immediately thought of the web consulting rollups of 1999. revenue were the correct valuations since these are generally 5% to 10% net income businesses that are 30% – 40% gross margin and heavily dependent on (a) transitory labor and (b) favorable supply/demand conditions. I’d argue the 0.5x

Stock Options 70

Stock Options Cofounder Revenue Hosting 70

Up and Running

SEPTEMBER 5, 2017

Her background includes senior roles in both the banking and tech sectors, and she has launched four data businesses—including her current firm, New Frontier Data , which boasts a $20 million valuation and has received $5 million in funding. According to Fortune , in 2006, female founders were involved in only 2.95

Venture Capital 82

Venture Capital Lean Cofounder Technical Review 82

Agile VC

MAY 26, 2011

Many assume it was a cakewalk, based on the success LinkedIn has enjoyed over time and the current stature of our founder/CEO Reid Hoffman (now Chairman). Yes… he was a very successful PayPal exec and previously co-founder & VP Product of SocialNet. The rest, as they say, is history. It was a $4.7M

Term Sheet 178

Term Sheet Silicon Valley Technical Review Social Network 178

Both Sides of the Table

JULY 11, 2010

I’m surprised how few people talk about valuations, term sheet terms, how much to pay recruiters, etc. I once mentioned this idea to a fellow SoCal VC when I told him I wanted a CIC in LA and he said, “Co-location is dead. Uh, I guess he won’t be co-sponsoring a technology lab in LA with me then?

San Francisco 285

San Francisco Incubator Silicon Valley Startup 285

Austin Startup

FEBRUARY 24, 2019

I discuss category creation with one of the co-authors of Play Bigger , Christopher Lochhead, in episode #232 of Legends and Losers if you would like to really delve into that (it is a very important topic). The rest of the entrepreneur interviews Pat does are very worthwhile listens also. This lesson was first shared at Lucky7 on Jan.

Software Review 48

Software Review Sales Cofounder Analytics 48

betashop.com

OCTOBER 8, 2012

I’ve been founding and helping run technology companies since 1999. All the rest is noise. Co-locate as best possible but be willing to travel to remote offices to make multiple offices work. Position your desk in a way in which you are staring at your co-founders and they are staring at you.

Post-Money Valuation 92

Post-Money Valuation Valuation Dilution Advisory Board 92