Both Sides of the Table

JULY 16, 2010

But VC is an “illiquid asset&# so funds didn’t disappear quickly - In 2000/01 the stock market quickly adjusted punishing investors in the NASDAQ and in individual public technology stocks. side note: our last fund at GRP Partners is currently ranked as the 5th best performing fund of the year 2000.

LP 311

LP Technical Review Early Stage Silicon Valley 311

Up and Running

AUGUST 18, 2014

If you’d still like to be running the company in 10 years time, you’re probably going to want to ensure that exit plan comes in the form of a steady revenue stream that allows you to pay off investors; an IPO instead of a buy-out; or simply opt for a different strategy – your own funds or private/government loans and grants.

Small Business 154

Small Business Exit Strategy Cofounder Angel Investor 154

Steve Blank

MARCH 18, 2011

Dot.com Bubble ( 1995-2000): “ Anything goes” as public markets clamor for ideas, vague promises of future growth, and IPOs happen absent regard for history or profitability. VC’s worked with entrepreneurs to build profitable and scalable businesses, with increasing revenue and consistent profitability – quarter after quarter.

Internet 334

Internet IPO Silicon Valley Agile 334

Version One Ventures

JULY 22, 2014

More money is flowing in from a new crop of angels, newly wealthy from a number of tech IPOs. We have all heard about the Series A crunch in the Valley (there might actually be up to 2000 companies in the Series A pipeline right now), and perhaps there’s a Series B crunch now too. Is your opportunity at least $100M?

Finance 167

Finance Seed Money Bootstrapping Angel Investor 167

crowdSPRING Blog

JANUARY 18, 2013

A VC: MBA Mondays: Revenue Models – Subscriptions – [link]. Thanks To Facebook, Strongest Year For IPOs Since 2000 With $21.5 Lots of important lessons for entrepreneurs - [link]. 8 Major Mistakes Entrepreneurs Will Make In 2013 | Forbes – [link]. Why Startups Die | The Next Web - [link].

Social Media 94

Social Media Small Business Design Media 94

Duct Tape Marketing

JANUARY 25, 2023

Growing Your Audience (And Your Revenue) With A Book written by John Jantsch read more at Duct Tape Marketing Marketing Podcast with Matt Briel In this episode of the Duct Tape Marketing Podcast , I interview Matt Briel. Questions I ask Matt Briel: [1:29] Could you tell us about the origin story of Lulu and how did it come to be? [2:25]

Audience 88

Audience Revenue Distribution Differentiation 88

Both Sides of the Table

SEPTEMBER 29, 2009

Just ask anybody who was trying to close funding the fateful week of September 11, 2001 or even March 2000. But any entrepreneurs raising capital should keep in mind that this opening of the markets could possibly be temporary. Huge downturns have a real impact on the revenue line of start-ups and therefore the pressure on valuations.

Burn Rate 263

Burn Rate Valuation Pre-Money Valuation Private Equity 263

Startup Professionals Musings

FEBRUARY 19, 2012

Entrepreneurs love the art of the start. Assuming your startup takes off, you will probably find that the fun is gone by the time you reach 50 employees, or a few million in revenue. For bigger companies, it’s a more efficient and quicker way to grow their revenue than creating new products organically. Liquidation and close.

Exit Strategy 241

Exit Strategy Initial Public Offering IPO Startup 241

Both Sides of the Table

JULY 27, 2014

Most of those industries are fee-based and are competing on revenue growth. Scott pointed to B-round SaaS valuations in excess of $100 million in $15m+ financing rounds with companies with very limited proof of customer traction or revenue. I don’t totally agree with that view.

Valuation 309

Valuation Pre-Money Valuation Later Stage Non-Compete 309

Hearpreneur

MAY 15, 2016

For example, ater working with a handful of small businesses, I realized buzz words like “SEO” were often thrown about as a way to generate revenue, but few knew how to make them work for their business. We currently carry over 2000 products from more than 50 designers and have served over 30,000 happy customers. The Bagtique was born.

Entrepreneur 48

Entrepreneur SEO Web Merger 48

A Smart Bear: Startups and Marketing for Geeks

OCTOBER 23, 2012

Witness, for example, this terrific Fast Company article on Bill Nguyen , serial entrepreneur who’s seventh startup “Color” famously raised $41m for a new mobile app before it even launched. invested, IPO’ed in 2000 for $32/share — stock price now $2. from an IPO under a year ago of $10.

IPO 240

IPO Flash Bootstrapping Private Equity 240

Agile VC

MAY 26, 2011

Google is still a private company (their IPO was Aug 2004). Silicon Valley is still emerging from the tech bubble and massive downturn of late 2000-2002. I also joke with Reid Hoffman that this was back in the days before he was “Reid” Reid’s an incredible entrepreneur, startup investor, and human being.

Term Sheet 178

Term Sheet Silicon Valley Technical Review Social Network 178

Startup Professionals Musings

JANUARY 5, 2011

Entrepreneurs love the art of the start. Assuming your startup takes off, you will probably find that the fun is gone by the time you reach 50 employees, or a few million in revenue. For bigger companies, it’s a more efficient and quicker way to grow their revenue than creating new products organically. Liquidation and close.

Exit Strategy 231

Exit Strategy Initial Public Offering Startup IPO 231

Both Sides of the Table

MAY 23, 2012

The movie, “The Social Network” might have had more of an impact on creating future entrepreneurs than any other event of the past 5 years. In 1998 there were around 850 VC funds and by 2000 there were 2,300. By 2000 the total LP commitments had mushroomed to more than $100 billion. Thank you, Aaron Sorkin! The Funding Problem.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

Scalable Startup

DECEMBER 15, 2011

There seems to be a lot of this going around these days – the “I’m just about to start a startup” category of entrepreneurs, or “I just started a startup” when they haven’t. amazing shining examples of success and IPOs, even though they a 1 in a thousand. micro funding ($25K). millionaires.

Angel Investor 24

Angel Investor Startup IPO Software Developers 24

Reid Hoffman

MARCH 19, 2019

Tim O’Reilly’s recent article, “ The fundamental problem with Silicon Valley’s favorite growth strategy ,” makes an impassioned argument that the ideas in our book, Blitzscaling , encourage entrepreneurs to behave in ways that are irresponsible or even dangerous in the pursuit of what he characterizes as “runaway growth.”

Cofounder 28

Cofounder Business Model IPO Non-Compete 28

The Equity Kicker

AUGUST 24, 2012

The reality is that we have been dealing with a market failure to provide liquidity to investors in late-stage companies for most of the time since the internet bubble burst in March 2000. These funders were providing liquidity to early investors and additional capital for growth, just like the IPO markets used to.

IPO 101

IPO Valuation Silicon Valley Venture Capital 101

Agile VC

JUNE 17, 2015

My first startup job was as an early employee at PayPal, where I took a job at the end of ‘1999 and started a few months later in 2000. We were a profitable company at that point with nearly $200M annualized revenue, one of the first tech companies to IPO after the dot-com bubble.

Startup 188

Startup Cofounder Seed Stage IPO 188

BeyondVC

NOVEMBER 17, 2006

I am not sure if you saw the news , but Salary.com recently filed for an IPO to raise up to $50 million. From April 2001 through June 30, 2006, we achieved 21 consecutive quarters of revenue growth. In fact, during the last 3 fiscal years for the company, it did $6.4mm, $10mm, and then $15mm in revenue. million, $0.9

IPO 60

IPO Investment Bankers Demand Revenue 60

Agile VC

MAY 23, 2012

In the wake of the undue frenzy leading up to and now ex post recriminations about Facebook’s IPO, the mainstream media and normal folks keep wondering if the non-existent “bubble” for internet companies has now popped. Im a former Silicon Valley entrepreneur turned East Coast VC. May 23, 2012. Silly stuff like this.

Internet 182

Internet Silicon Valley IPO Seed Stage 182

View from Seed

JUNE 17, 2015

My first startup job was as an early employee at PayPal, where I took a job at the end of ‘1999 and started a few months later in 2000. We were a profitable company at that point with nearly $200M annualized revenue, one of the first tech companies to IPO after the dot-com bubble.

Startup 120

Startup Cofounder Seed Stage IPO 120

Agile VC

JUNE 17, 2015

My first startup job was as an early employee at PayPal, where I took a job at the end of ‘1999 and started a few months later in 2000. We were a profitable company at that point with nearly $200M annualized revenue, one of the first tech companies to IPO after the dot-com bubble.

Startup 100

Startup Cofounder Seed Stage IPO 100

Seeing Both Sides

AUGUST 3, 2012

Facebook and Google would be obvious choices for this, but so much has been written about each of them and they represent such special business models, I worried that it would be both hard for entrepreneurs to relate and hard for me to develop new insights. billion in revenue, over $1 billion in gross profit and $500 million in EBITDA.

Distribution 49

Distribution Lean Massachusetts Cofounder 49

techcrunch.com

OCTOBER 13, 2012

He is on the board of the Angel Resource Institute, and is a partner with Montlake Capital (a late stage growth capital fund) and with Revenue Capital Management (a royalty based lender). It is not highly concentrated geographically, or in the bubble of 1998-2000, or in any industry. So which is it? They are different than formal VCs.

Angel Investor 103

Angel Investor Venture Capital Seed Stage Silicon Valley 103

Both Sides of the Table

DECEMBER 13, 2010

Within a year, by late 2000 / early 2001 consulting firms were firing people en masse. On July 27th, 2001 Accenture IPO’s and many of the partners grew fabulously wealthy. Since that date the S&P 500 is up 2.45% while Accenture stock is up 206% with revenue of $23 billion and a market cap of $32 billion. I love that.

Turkey 302

Turkey Differentiation IP Technical Review 302

Both Sides of the Table

SEPTEMBER 2, 2009

A friend of mine is a serial entrepreneur and is running a high-profile, early stage company in NorCal. We exchanged ideas when I was an entrepreneur along side him in NorCal in 05-07 and my point-of-view on founder / VC relationships hasn’t shifted even 1% since I went to the dark side. >50% of our revenue in now viral.

Founder 329

Founder Liquidation Preference Term Sheet Participating Preferred 329

Seeing Both Sides

APRIL 10, 2011

In May 1996, Open Market completed a successful IPO and more than doubled on the first day of trading, ending with a $1.2 million in revenue the year before. . The Internet bull market continued to run for four more years after the Open Market IPO, finally ending in the spring of 2000. This IPO and others like it (e.g.,

IPO 48

IPO IRR Brazil Government 48

ReadWriteStart

NOVEMBER 16, 2010

I have focused this as advice to entrepreneurs building enterprise software ventures today. The big enterprise software companies almost all bootstrapped their way to profitability before they got their first external investors (typically via an IPO). This post is my reflection on what is different and what remains the same.

Software 127

Software Startup Architecture Bootstrapping 127

Steve Blank

JUNE 22, 2009

It was still a year away from its IPO. We Changed Our Mind In 1966, 10 years after Hewlett’s memo, Hewlett Packard’s revenue and headcount had grown ten fold; $200 million and 11,000 employees – all from test and measurement equipment. But first some background.) Its latest product was an oscilloscope, the HP 150a.

Silicon Valley 164

Silicon Valley RSS California Agile 164

Agile VC

APRIL 13, 2012

And going even further back there have been a few random ones have been built before like Salesforce.com and e-tailer RedEnvelope (IPO’d in 2003 though now defunct as a company). If my memory serves me, <10% of our pre-IPO employees at PayPal lived in SF and literally 1 of the first 40-50 folks at LinkedIn were city-dwellers.

Silicon Valley 185

Silicon Valley San Francisco San Jose Startup 185

Cracking the Code

OCTOBER 13, 2020

We’d like to thank KeyBank and G2 for providing some of the data used in the report - * It’s an amazing time to be a cloud entrepreneur in Europe. Cloud Entrepreneurs: Embracing the “Silicon Valley State of Mind" Accel has been a big believer in cloud since the early days of this secular shift. Big milestones for the old continent!

Europe 71

Europe Cloud Silicon Valley 71

Ben's Blog

MAY 24, 2021

IPO market. 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. In the first quarter of 2021 alone, SPACs raised $87.9

SEC 36

SEC Accredited Investor IPO Technical Review 36

online.wsj.com

SEPTEMBER 23, 2012

An entrepreneur with a hot technology and venture-capital funding becomes a billionaire in his 20s. The results were similar when he examined data for companies funded from 2000 to 2010, he says. Stock Quotes. more in Small Business. Find New $LINKTEXTFIND$ » smaller. link] [link] --> By DEBORAH GAGE. Live Chat Recap.

Venture Capital 107

Venture Capital Software Review Rhode Island North Dakota 107

Startup Lessons Learned

JUNE 9, 2020

This was supposed to be Airbnb's biggest year by many measures, including its IPO, which was one of the most anticipated since the 2008 financial crisis. So you want to be an entrepreneur, huh? So you wanted to be an entrepreneur, huh? And of course, this is 2000. And so the oven is like being an IPO.

Silicon Valley 60

Silicon Valley Hosting Cofounder Employee 60

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.

San Francisco 20

San Francisco Silicon Valley California Oakland 20