Ben's Blog

JUNE 18, 2011

Here is a telling statement from an analyst on Apple’s most recent quarter: Apple’s stock price to earnings ratio has dropped to 16.72. In the last bubble, the S&P hit 44x in January 2000. Firstly, the cost of running an internet application has fallen 100-fold. Ex-cash it’s 13.5. Today, there are over 2.1

Technical Review 76

Technical Review Software Review Valuation Internet 76

Both Sides of the Table

MAY 23, 2012

There are obvious reasons the industry has had less-than-desirable returns, including: massive over-funding of the sector, huge increases in inexperienced venture capitalists that took a decade to peter out, and the massive correction in the value of the public stock markets that closed many exit opportunities for half a decade.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

abovethecrowd.com

JULY 10, 2014

As a result, most models are used as a rough guide to see if you are “in the ball park,” or to see if a particular stock is either wildly under-valued or over-valued. What Professor Damodaran thinks, or what anyone who is not a buyer or seller of stocks thinks, is fairly immaterial. The global market would obviously be much larger.

San Francisco 111

San Francisco San Jose Marketing Technical Review 111

Pascal's View

AUGUST 12, 2009

economy: “… Sarbanes-Oxley compliance costs, Eliot-Spitzer’s stock analyst settlement and the economic downturn have created an historic drought in venture-backed companies going public. . That exodus has already begun, and it is evident in many statistics that testify to America’s slipping global competitiveness since 1999.

IPO 28

IPO Silicon Valley Merger Sweat Equity 28

ReadWriteStart

APRIL 26, 2012

They all went away; they got rolled up in 1999 and 2000 into these too-big-to-fail banking operations," Davidson tells us. The answer is, they couldn't make any money trading, [or on] giving analyst support for small stocks because the spread got too small.". When small fluctuations in stock value changed from 12.5¢

IPO 115

IPO Stock San Francisco Lean 115

The Startup Toolkit

JANUARY 17, 2017

If you’re acting by yourself, doing this wrong can only cost you some missed opportunities (although those can matter a lot). But if you allow your whole company to maintain a state of constant busyness, any unexpected interruption ripples through the organisation at great cost.

Technical Review 20

Technical Review Lean Founder Stock 20

This is going to be BIG.

NOVEMBER 7, 2011

Is 2012 going to be 2000 all over again? The difference between many of these companies and what we saw back in 1999 is that there are real revenues and revenue growth at many of these companies--and their costs are largely in people, which can always be trimmed down. When the bubble burst in 2000, many of us felt it in our pockets.

Angel Investor 104

Angel Investor Valuation Startup Revenue 104

Reid Hoffman

MARCH 19, 2019

And from a financial perspective, any investor would be better off buying stock in Amazon than buying and share of a corner bookshop; if you invested $100 in Amazon’s 1997 initial public offering (IPO), those shares would have been worth about $120,000 in 2018. And, as the industrial revolution showed us, there are some real costs to scale.

Cofounder 28

Cofounder Business Model IPO Non-Compete 28

David Teten

APRIL 1, 2011

Successful private companies such as Facebook and Zynga now have active secondary markets in their stock, blurring the meaning of their ‘private’ status. Confirmed Panelists David Weild, formerly Vice Chairman of The NASDAQ Stock Market (moderator) Barry Silbert, CEO, Secondmarket. the 1990s.

Private Equity 68

Private Equity Merger IPO Equity 68

thebarefootvc

AUGUST 31, 2018

In its annual report issued this week, the RBI also noted it is exploring the issuance of digital currency to save costs related printing paper money. Huobi, the world’s third-largest crypto exchange, acquired a public company ahead of what many think will be a reverse public listing on the Hong Kong stock exchange.

Silicon Valley 40

Silicon Valley Offshore Singapore India 40

Seeing Both Sides

AUGUST 3, 2012

Incorporated in 1998 in Cambridge, Massachusetts, the company’s network of over 100,000 globally distributed servers provides an infrastructure layer that accelerates the distribution and delivery of content, media and applications. But the second year (2000) was simply astounding: nearly $90 million! How did Akamai do it? . .

Distribution 49

Distribution Lean Massachusetts Cofounder 49

Pascal's View

MAY 13, 2011

ii. Bubble period 1996-2000 totals $243.6 2000: Regulation FD was passed to create a “level playing field”, reacting against whisper numbers, favored research analysts, and the “hedge fund information advantage”—all in the name of giving everyone simultaneous access to the same corporate disclosures—which absolutely did not happen.

Equity 31

Equity Securities and Exchange Commission IPO Marketing 31

Up and Running

MAY 1, 2018

But when I felt as if I was under assault in my position as an account executive and global account manager for the largest oil company in the world, I knew I had to do something for myself and my family’s well-being. . When 9/11 happened, we had finished our most profitable year in 2000. I became an entrepreneur. . until 2 p.m.

Florida 102

Florida CPA Dallas America 102

Startup Lessons Learned

MAY 25, 2020

We have companies now who have every store, globally or in a whole country, shuttered. At the time, we had 250,000 employees and 2000 stores and before we were done, the culture of Home Depot had, I'll call it, the foundation had been riveted even deeper than ever and built to last in how to serve customers. Yes, we’d like that.

Technical Review 148

Technical Review Balance Sheet Texas Austin 148

abovethecrowd.com

FEBRUARY 27, 2019

Unfortunately, either information asymmetry or physical distances and the resulting distribution costs can both cut against the economic advantages that would otherwise arise for all. In 2000, Eric Baker and Jeff Fluhr founded StubHub , a secondary ticket exchange marketplace. The company was acquired by ebay in January 2007.

Internet 88

Internet Matching Vertical Hosting 88

Both Sides of the Table

JANUARY 31, 2010

Of course articles like these are going to inflame people because not everybody who is running their own business (or aspires to) wants to believe that you need to go all out to compete and win on a global scale. But … global tech does require an absolute, singular commitment level. Our first big institutional round was $16.5

Entrepreneur 308

Entrepreneur Silicon Valley San Diego Non-Compete 308

Startup Lessons Learned

JUNE 9, 2020

Instead, the global pandemic has turned 2020 into its most harrowing year. You become a global company. If you're in the travel business, a global pandemic is an existential threat. And it was amazing how global travel was halted. Airbnb- Eric Ries : Airbnb was founded during a global recession. What if it works?

Silicon Valley 60

Silicon Valley Hosting Cofounder Employee 60

Startup Lessons Learned

SEPTEMBER 8, 2009

So heres my simple question: What do folks in Washington need to know about the global community of entrepreneurs? Id like to see if we can come up with policy suggestions, concerns, or questions that might promote entrepreneurship generally - and globally. Ease the process for startups to get access to global talent.

DC 90

DC Washington San Francisco SBIR 90

Cracking the Code

JULY 15, 2020

When we started to take stock of this progress four years ago with the first Accel Euroscape , the list of the top 100 cloud companies from Europe and Israel, we had great hopes and Europe delivered beyond our expectations. With this milestone, Europe has clearly established itself as a key center for software innovation in the world.

Europe 71

Europe Cloud Valuation 71

online.wsj.com

SEPTEMBER 23, 2012

Virtual Stock Exchange. Stock Quotes. The results were similar when he examined data for companies funded from 2000 to 2010, he says. Globaloney: Globalization Challenged. Low Cost Franchises. AllThingsDigital. AllThingsDigital. Financial News. Professor Journal. SmartMoney. Student Journal. WSJ Classifieds.

Venture Capital 107

Venture Capital Software Review Rhode Island North Dakota 107

View from Seed

APRIL 20, 2022

Comparisons have been made to the two most recent significant pull-backs of the dot com crash in 2000-2001 and Great Recession of 2008-2009. . Globalization goes in reverse. Globalization is going in reverse for the first time in 3 decades. But the tide of globalization is starting to ebb.

Ukraine 156

Ukraine China Russia Global 156

Scalable Startup

FEBRUARY 1, 2013

And now all of a sudden you have got this global market of all these early adopters that have smartphones connected to the Internet, and they can just pick up their things and run with them. We are already invested in these companies; we can’t sell our stock. We don’t have to sell our stock. Marc Andreessen: Yeah.

Software Review 22

Software Review Startup Venture Capital Stock 22

YoungUpstarts

FEBRUARY 12, 2012

In 2000, the 22,000 people on staff at Enron could be proud: they were spending their days at one of Fortune ‘s “100 Best Companies to Work For in America.” Ripe with satire, sight gags, and symbolism, this film’s got to make you wonder what other cheap bets stock brokers make that cost them $400 million in the end.

America 169

America Bankruptcy United States Naming 169

Ben's Blog

MAY 24, 2021

There are a number of trends concerning IPOs and capital formation to note: First, the raw number of IPOs has declined significantly: From 1980-2000, the US averaged roughly 300 IPOs per year; from 2001-2016, the average fell to 108 per year. double the rate of the prior year, 103 of those being venture-backed companies.

SEC 36

SEC Accredited Investor IPO Technical Review 36

maplebutter.com

JANUARY 8, 2013

Outsourcing is something a big company, with a known customer / problem (that has revenue & traction) does to save cost. I have a proposal written up including full cost and revenue projections. There is opportunity cost that should always be considered. How important is education when I know I want to be an entrepreneur?

Technical Review 44

Technical Review Startup Cofounder Software Review 44

Scalable Startup

MAY 16, 2015

By all accounts, the first one burst in 2000 when the NASDAQ crash brought the first dot-com era to a close. is mostly sanguine, claiming that the market’s standards for viability have increased since the 2000 bust and citing Twitter (revenue but no profit) as the model for the new public tech company. There is no E in the P/E.

San Francisco 20

San Francisco Silicon Valley California Oakland 20

Both Sides of the Table

SEPTEMBER 17, 2017

These standards allowed global collaboration and expanded the boundaries of trade. The great promise of the Internet was the ability to break down barriers and allow you to sell products and services globally, benefitting buyer and seller. This does not mean that all existing intermediaries go away.

Government 280

Government Distribution Stock United States 280