Both Sides of the Table

FEBRUARY 6, 2019

Valuations are out of control” is the mantra of others. Yes, VC / Startup Funding is up Massively If you look at how much VC firms have raised from Limited Partners (LPs) over the past 2 decades you’ll see that we’ve returned to a level that we haven’t seen since 1999. We’re in a new tech bubble!” some have pronounced.

Venture Capital 292

Venture Capital IPO Mezzanine Early Stage 292

abovethecrowd.com

APRIL 20, 2016

Why the Unicorn Financing Market Just Became Dangerous…For All Involved. All Unicorn participants — founders, company employees, venture investors and their limited partners (LPs) — are seeing their fortunes put at risk from the very nature of the Unicorn phenomenon itself. We should expect more of these in the future.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

This is going to be BIG.

NOVEMBER 7, 2011

Companies that find product/market fit deserve to grow--and if there are enough of those, there will be enough capital to follow them. Valuations. There are a ton of companies being funded at $500+ million valuations--seriously limiting exit opportunities. Are their valuations justified? stock market."

Angel Investor 104

Angel Investor Valuation Startup Revenue 104

Austin Startup

JULY 23, 2010

Having been founded in 1999, Zilliant is hard to categorize as a startup anymore. The cash looks good on the balance sheet, and venture investors want to pile on money at low valuations before the valuation increases by 10x as a public stock. Most people don’t really think of pricing as an elastic thing.

Balance Sheet 67

Balance Sheet Private Equity LP IPO 67

finance.fortune.cnn.com

AUGUST 21, 2012

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. Overall, the fund-of-funds is 97% called for 45 funds raised between 1999 and 2002. Accel Partners VII (1999): 89% (74%).

Naming 49

Naming Term Sheet Private Equity Equity 49

Professor VC

DECEMBER 8, 2015

I think we will see more of these in 2016 and beyond as IPOs are still far and few between and unicorns struggle to justify their stratospheric valuations. I was a Limited Partner in Angel Investors II (Ron Conway's angel fund) that was an investor in Confinity. At the IPO, Musk held a 14.2% Most never make it there.

Merger 28

Merger LP IPO Redemption 28