Growthink Blog

FEBRUARY 13, 2014

We’re hosting a webinar today at 4 pm PT about equity investing in 2014, and you’re invited to attend. Give up on the public markets. Find market inefficiencies. To register, click here: https://www2.gotomeeting.com/register/638414410 Well, on the webinar, we will suggest three prescriptions: 1. Do it Right.

Equity 63

Equity .Net Portfolio Hosting 63

Feld Thoughts

DECEMBER 10, 2018

Unlike the endless stream of predictions that are about to come out, it’s an analysis of the spread between the public market and private company valuations. Rates have risen significantly in the last eighteen months, pulling capital out of the equity markets and into the fixed income markets.

DC 112

DC Equity Hosting Valuation 112

Up and Running

SEPTEMBER 5, 2017

While private equity has a history in the U.S. that dates back over a century , the “boom or bust” period of the 1980s to early 1990s is considered the period that marks the rise in private equity and venture capital funding as we know it today. How did women seeking venture capital funding fare during this time period?

Venture Capital 82

Venture Capital Lean Cofounder Technical Review 82

The Equity Kicker

MARCH 5, 2018

It’s the biggest European gathering of venture capital fund managers, private equity fund managers and LPs, the institutions that invest in both types of funds. I remember vividly one year, I think it was 2012, when a placement agent (industry jargon for a broker that helps raise private equity and venture funds) had surveyed 83 LPs.

Private Equity 92

Private Equity Venture Capital Equity Europe 92

Start Up Blog

MARCH 4, 2021

What we have seen this time is excess asset valuations, as well as booming equity and crypto markets. Australia had a currency change as recently as 1966 and the Euro arrived only in 1999. Other crypto assets will trade as digital commodities, as part of the wider financial market mix. Where to from here? .

Global 118

Global Government Australia Valuation 118

Pascal's View

AUGUST 28, 2010

v) “Since 1999, over 60% of IPOs have been VC-backed. … Four of the twenty companies with the largest market capitalization in the U.S. . … Four of the twenty companies with the largest market capitalization in the U.S.—Microsft, Private-equity and venture capital firms have been hard hit too.

Venture Capital 56

Venture Capital America Initial Public Offering IPO 56

Growthink Blog

SEPTEMBER 20, 2010

Gordon Gekko may have a new movie coming out, but the days of the jolly old stock market he once knew are gone forever. public stock market performance over the past 11 years has been. market indices (Dow, S and P, NASDAQ) are trading lower today than they were in September 1999. And if so, what to do about it?

Stock 48

Stock Vesting Japan Algorithm 48

Growthink Blog

FEBRUARY 4, 2013

Whether they be Wall Street investment analysts, venture capitalists, or even plain old stockbrokers, the bull markets of the 80s and 90s raised all boats and reputations. 1988: 11.85% 1989: 26.96% And in the 90’s, the good times continued to roll - with the Dow skyrocketing from 2800 at the start of 1990 to over 11,000 by September 1999.

Stock 75

Stock Los Angeles Equity Capital Gains 75

ConversionXL

FEBRUARY 25, 2016

In 1999, David Weinberger, a technologist and co-author of The Cluetrain Manifesto , wrote, “Personalization: the automatic tailoring of sites and messages to the individuals viewing them so that we can feel that somewhere there’s a piece of software that loves us for who we are.” And when it does, it goes very wrong.

Web 48

Web Software Review Jordan Technical Review 48

abovethecrowd.com

OCTOBER 17, 2013

In addition to market concerns, I had the unique experience of working with Dan Nordstrom and the team at Nordstrom.com in August of 1999. Also, many of these companies were built with heavy doses of advertising spend, a clear red-flag in our book. and John Fleming, previously EVP of Walmart and CEO of Walmart.com.

eCommerce 62

eCommerce Technical Review North America San Francisco 62

Pascal's View

MAY 13, 2011

years in 2007- the longest gestation period since 1991: What has driven these changes to the capital markets and are they permanent or temporary? This is a good example of technology driven market change being accelerated by new securities regulations). Median age of a venture backed company hits 8.7 cents or 6.25 cents or 6.25

Securities and Exchange Commission 31

Securities and Exchange Commission Equity IPO Marketing 31

David Teten

APRIL 16, 2012

Make no mistake, this will be your company: you will take complete control and will get an unusually high equity stake. Since 1999, our partners have made over 150 investments in over 55 companies. The company is already funded and can readily pay market salaries. Head of Engineering: Strong experience with B2C businesses.

Cofounder 133

Cofounder Venture Capital New York B2C 133

finance.fortune.cnn.com

AUGUST 21, 2012

Term Sheet The latest on private equity, M&A, deals and movements — from Wall Street to Silicon Valley. The information is based on part of a confidential year-end 2011 investment report distributed to investors in a fund-of-funds that made commitments between 1999 and 2001. Accel Partners VII (1999): 89% (74%).

Naming 49

Naming Term Sheet Private Equity Equity 49

Growthink Blog

MARCH 14, 2010

The general misery that the public markets have subjected us all to over the past 12 years - with the Dow Jones, the S & P, and the NASDAQ all trading lower today than they were in 1999, begs the question - how does stock market performance affect startup investing returns? The answer seems obvious.

Stock 75

Stock Private Equity Marketing Startup 75

Pascal's View

SEPTEMBER 5, 2010

Mannie and I share a strong interest in research in the field of venture capital and private equity. My contributions to this undergraduate textbook, Venture Capital: Theory & Practice , are the result of two important collaborations. In recent years, many universities have followed, teaching venture capital as an elective course.

Venture Capital 44

Venture Capital China Technical Review Due Diligence 44

Both Sides of the Table

JULY 11, 2010

The CIC, founded in 1999, is located adjacent to MIT and has more than 100,000 sq ft of space for nearby startups that qualify to be housed there. These are not to be confused with incubators like YCombinator or IdeaLab which look to invest in your company and take equity positions. Now I gotta go and build it just to prove him wrong.

San Francisco 285

San Francisco Incubator Silicon Valley Startup 285

Pascal's View

AUGUST 12, 2009

Washington needs to recognize, first and foremost, that entrepreneurs, venture capitalists, institutional investors, market markers, and underwriters all seek to be rewarded for committing risk capital (which includes sweat equity) to making these highly risky ventures successful. Investors take risk in order to reap rewards.

Silicon Valley 28

Silicon Valley IPO Merger Sweat Equity 28

David Teten

FEBRUARY 6, 2013

Balloch’s 20+ year career prior to becoming an angel investor was in financial services both in the private equity world- fundraising and investor relations, and in investment banking. Karen Bantuveris has 15 years experience as a consultant in customer centric- leadership development, marketing strategy and business process design.

Private Equity 114

Private Equity North America Cofounder Angel Groups 114

Hearpreneur

JANUARY 7, 2017

The ingredients used are all human grade, and we strive to use organic and local farmer’s market/CSA ingredients when possible. I started a career in real estate in 2008 (when the market was crashing). I would love logging in to Second Life to sell marketing and advertising to businesses trying to make it in a virtual setting.

Entrepreneur 91

Entrepreneur LLC Cofounder Green 91

The Equity Kicker

JANUARY 28, 2015

With IPOs like this European venture funds must be performing better, and that will bring more money into the market. It has taken us a long time to get over the 1999/2000 bubble and build a sustainable ecosystem. These are two great charts!

IPO 60

IPO Marketing 60

The Equity Kicker

JUNE 17, 2015

Firstly this table comparing 1999 and 2014 on key bubble-related metrics. As you can see this time round the funding is both smaller in scale and more conservative, and we are operating in a much, much bigger market. The whole thing is well worth a read, but two slides stood out for me.

IPO 60

IPO Early Stage Valuation Metrics 60

Startup Lessons Learned

MAY 14, 2009

Take a look: This full-day Master Class focuses on how to build a startup from the ground up to focus on customers, markets, and speed of iteration. Unlike other incubator-led programs, this workshop is open to anyone who wants to learn, and it does not require companies take investment or give out equity. It was a disaster.

Lean 60

Lean San Francisco Continuous Deployment Software Review 60

ReadWriteStart

AUGUST 26, 2022

Instead, that’s the sort of pre-series-A investment where companies or founders have visions of where they think there are underserved market needs, and they’re coming up with something super excited to try to solve that. . We come in after a product has landed and found product market fit and has some escape velocity.

Partner 132

Partner Cofounder Retention Acquisition 132

Hearpreneur

OCTOBER 30, 2015

I left a great job, Director of Marketing for Snapple, to start my own speaking business. In January of 1999, I co-founded a marketing agency with a former boss. It was through marketing my business idea that I was offered to head a new organization, Immigrant Women in Business, but my gut told me not to do it.

Entrepreneur 48

Entrepreneur Australia Software Review LLC 48

The Equity Kicker

JULY 1, 2015

First up we had an interesting post from Fred Wilson arguing that frothy activity is restrictred to Series B rounds and later in private companies, whilst Seed and Series A and public markets are still rational. Third, I was talking with a potential investor in our fund yesterday about market conditions here in the UK.

Valuation 60

Valuation Seed Stage Partner Marketing 60

Austin Startup

JULY 23, 2010

Having been founded in 1999, Zilliant is hard to categorize as a startup anymore. The company announced that is just completed $13M in financing from existing investors SMH Private Equity Group, ABS Ventures, Austin Ventures, and Trellis Partners. Most people don’t really think of pricing as an elastic thing. Austin Ventures.

Balance Sheet 67

Balance Sheet Private Equity LP IPO 67

Steve Blank

APRIL 11, 2013

Set up in 1999, Innofund offers grants ($150 – $250K), loan interest subsidies and equity investment. Innofund is designed to bridge early stage technology companies that have innovative technology and good market potential but are too early for commercial funding (banks or VCs.) government’s SBIR and STTR programs.

Technical Review 278

Technical Review Programming SBIR China 278

Venture Chronicles

OCTOBER 31, 2010

Don Dodge wrote about a very dry but critically important issue facing private companies that issue equity to employees… 409A valuations : IPO bump? Companies are required to price their employee stock options close to the “market valuation&#. This breaks the conventional wisdom about pre-IPO stock options.

Valuation 42

Valuation Stock Options Lock-up Period IPO 42

The Equity Kicker

APRIL 13, 2017

In 1999 when I started in venture capital there were no blogs and very few business books that were useful for entrepreneurs. Throughout his career Steve Jobs famously eschewed market research and relied on his intuition to build amazing products. All founders could do was accumulate wise advisors and rely on their wits and instinct.

Lean 90

Lean Startup Silicon Valley Venture Capital 90

Pascal's View

AUGUST 21, 2011

Capital Markets Advisory Partners cleaves the demand for pre-public VC-backed equities into two worlds: “Demand Pull (Buzz) and Supply Push (No Buzz) companies. … We have a stock market that works for one kind of buzzy (Demand Pull) stock but is a disaster for the rest of the economy. It is intentional.

Valuation 50

Valuation Social Media Media IPO 50

Ben's Blog

OCTOBER 29, 2020

Demand matters: IPOs are a bull market product Gauging demand for an IPO can be difficult, in part because so many IPO order books are over-subscribed. Once again, the 1999-2000 dot-com bubble period shows the highest percentage of pricing above the initial filing range – 44% of deals were priced above.

IPO 36

IPO Securities and Exchange Commission Demand SEC 36

The Equity Kicker

SEPTEMBER 26, 2012

In an anomalous, parallel development, the 1999-2000 bubble spawned local funds who were able to support these companies to a point, and to introduce them to their Californian counterparts. These entrepreneurs, at companies like Skype, Etsy, and Tumblr, were able to prove a lot with a little and Silicon Valley had to sit up and take notice.

Silicon Valley 97

Silicon Valley Cost Startup Boston 97

Steve Blank

APRIL 11, 2013

Set up in 1999, Innofund offers grants ($150 – $250K), loan interest subsidies and equity investment. Innofund is designed to bridge early stage technology companies that have innovative technology and good market potential but are too early for commercial funding (banks or VCs.) government’s SBIR and STTR programs.

Technical Review 170

Technical Review Programming SBIR China 170

Hearpreneur

SEPTEMBER 16, 2020

Unfortunately, he was fired and all of that potential equity disappeared. In 1999, Alibaba had to face many failures; for the first three years, the company made zero revenue. Conant joined the team in 2001, just as sales were declining for the company and its market value was decreasing. 2- Noah Kagan. Listen Intently, 2.

Entrepreneur 104

Entrepreneur China Incubator Philippines 104

David Teten

FEBRUARY 3, 2014

It might appear that origination is becoming much easier because of new tools like AngelList and the SEC moving toward adoption of rules that will allow equity based crowdfunding. We published the full report in the Journal of Private Equity ; it’s now the #2-most viewed article in the Journal’s history.

Private Equity 114

Private Equity Venture Capital Technical Review Equity 114

Altgate

MAY 1, 2009

I’m a visual person so here’s how I see it: Entrepreneurs start companies and the founders (“F&# in my chart) invest capital which they grow with sweat equity and then limited partners (“LPs&# ) invest capital via VCs which in turn grows the pie to the eventual “exit&# (which comes in the form of M&A or IPOs).

Sweat Equity 28

Sweat Equity Private Equity IPO Venture Capital 28

David Teten

JANUARY 8, 2013

Fewer private equity funds are using social media for outreach, but 2xPartners , Healthpoint Capital , and MCM Capital Partners are notable exceptions. Private equity investing is a relationship business. Since 1999, its Partners have made over 160 investments in over 55 companies.

Private Equity 114

Private Equity Social Media Equity Media 114