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

Steve Blank

JULY 15, 2010

If you take funding from a venture capital firm or angel investor and want to build a large, enduring company (rather than sell it to the highest bidder), this isn’t the decade to do it. The collapse of the IPO market and dysfunctional math in the venture capital community has stacked the odds against you.

Venture Capital 299

Venture Capital IPO Liquidity Event Entrepreneur 299

Both Sides of the Table

JUNE 5, 2011

Early-stage investors in technology startups are only looking for growth-oriented companies that can achieve an “exit&# someday – either via selling your company to a larger company or via an IPO. That’s the deal you get when you’re raising in a good market for startup financing. It was early 2000.

Pre-Money Valuation 336

Pre-Money Valuation Valuation Silicon Valley Stock 336

500hats.com

AUGUST 2, 2012

TL:DR : This post aims to recap significant changes in the venture capital industry over the past ten years, and then make some [biased] predictions as to major forces at play in the next five years. However, all three shifts are related and can be summed up simply as: Geeks are Taking Over Venture Capital.

Silicon Valley 74

Silicon Valley Early Stage Venture Capital Valuation 74

Growthink Blog

APRIL 2, 2014

Well, if you don’t, try on these IPO, M&A, and financing stats from 1st Quarter 2014: Initial Public Offerings: 72 companies went public in the U.S. in the 1st quarter - the largest number of new issuers since 2000 -raising a total of 11.1 And, as of Monday 54 of the 72 of them were trading above their IPO price.

Private Equity 69

Private Equity Merger IPO Initial Public Offering 69

David Teten

APRIL 1, 2011

I hope that you can join us Monday night, April 4, midtown NYC, at a panel on “Innovation in Private Company Liquidity-Online Merger Markets, Social Media, Secondary Markets, Non-US Markets, Private Equity, and the Disappearing IPO” The program is sponsored by the HBS Club of New York and the HBS Angels of NY.

Private Equity 68

Private Equity Merger IPO Equity 68

abovethecrowd.com

JULY 10, 2014

On June 18, Aswath Damodaran , a finance professor at NYU’s Stern School of Business, published an article on FiveThirtyEight titled “ Uber Isn’t Worth $17 Billion. I find it surprising that a finance professor like Damodaran did not consider the impact of price on demand. Different Economics.

San Francisco 111

San Francisco San Jose Marketing Technical Review 111

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. Blitzscaling is a strategic technique for moving faster, not a reckless gamble.

Cofounder 28

Cofounder Business Model IPO Non-Compete 28

The Equity Kicker

APRIL 22, 2016

I won’t add to the volume of good posts saying that he’s right to point out that the unicorn financing market is entering a dangerous period where all manner of pressures and biases will cause people to behave badly and mistakenly put off adjusting to the new reality in late stage funding.

Burn Rate 60

Burn Rate IPO Valuation Mobile 60

ReadWriteStart

APRIL 26, 2012

In an interview with ReadWriteWeb, Davidson explains how the latest industry to receive the disruption treatment has been the venture capital business itself, with the epicenter of the quake right around San Francisco. There used to be the Four Horsemen of the IPO world, back in the '80s and '90s. The question is why?

IPO 115

IPO Stock San Francisco Lean 115

abovethecrowd.com

AUGUST 23, 2020

But in light of where we are in 2020, especially with regard to the degrading efficiency and sky-rocketing cost of capital through the structurally broken IPO process, SPACs may emerge as a legitimate third option for helping Silicon Valley companies efficiently and cost-effectively transition into the public markets.

IPO 118

IPO Silicon Valley Warrant Matching 118

Pascal's View

AUGUST 21, 2011

question in venture capital. This time, the debate centers on the “favored few” Social Media venture backed companies that have brought tremendous windfalls to a select group of venture funds and management teams, both pre- and post-IPO. Welcome to the latest passionate debate over the ‘valuation bubble or not?’

Valuation 50

Valuation Social Media Media IPO 50

Feld Thoughts

FEBRUARY 28, 2023

Corporate law: In Germany, most companies in general and most VC-financed companies are structured in the legal form of a “Gesellschaft mit beschränkter Haftung” (GmbH). Often, this integration results in VC-financed GmbH companies having little to do with the GmbH as envisaged by the law. German Startups Association).

Germany 165

Germany Liquidation Preference Option Pool Advisory Board 165

Austin Startup

MARCH 7, 2021

in the last four years we’ve seen a 250% increase in venture capital funding and have doubled the number of startup development organizations in our community.” It is the tech hub of Texas and has the most local venture capital and attracts the most venture capital. billion invested across the state.

Texas 90

Texas San Antonio Houston Dallas 90

Ben's Blog

MARCH 24, 2011

Let’s look at public market comparables and venture capital flows to see if we can find a match. In the great bubble of 1998-2000, the boom in public valuations mirrored the boom in private valuations. Venture capital flows. If too much venture capital hits the streets, valuations will bubble up.

Technical Review 78

Technical Review Venture Capital Valuation Database 78

BeyondVC

JULY 16, 2007

The Wall Street Journal has an interesting article today about how the resurgence of tech IPOs have really come from "less glamorous, business-focused companies selling such products as telecommunications equipment and computer storage." Limelight Networks: $100mm pre-IPO with the big round in summer 2006, $1.6b market cap.

B2B 60

B2B IPO Valuation Internet 60

online.wsj.com

SEPTEMBER 23, 2012

SIGNIFICANCE PROMINENT. --> The Venture Capital Secret: 3 Out of 4 Start-Ups Fail. An entrepreneur with a hot technology and venture-capital funding becomes a billionaire in his 20s. The National Venture Capital Association estimates that 25% to 30% of venture-backed businesses fail. NAME David Cowan.

Venture Capital 107

Venture Capital Software Review Rhode Island North Dakota 107

Cracking the Code

MARCH 28, 2022

Today, Europe and Israel have generated 23 public companies worth $231B and private cloud financing reached c. The $900M of SaaS VC funding in 2015 now represents less than Europe's largest financing round, with Celonis raising $1B in June this year. The cloud IPO market has also been very active with 32 IPOs vs. 17 in 2020.

Global 62

Global Europe Software Review 62

online.wsj.com

JULY 11, 2012

Loading… Personal Finance. Personal Finance. Over the past two years, one of the most influential venture-capital firms has turned the usual rules of start-up investing on its head. in exchange for $70,000 in venture capital and a $30,000 loan from the early venture firm. » More.

Silicon Valley 42

Silicon Valley Founder Software Review Technical Review 42

Agile VC

NOVEMBER 13, 2012

There are some obvious structural reasons why a shakeout in the venture capital industry takes a long time. In the mid 2000′s VC’s were largely prospering. This was also the period when VC started expanding seriously in emerging markets like India and China, and many LPs put new capital into these OUS funds.

LP 154

LP Portfolio Venture Capital IRR 154

Steve Blank

JUNE 22, 2011

In 5 to 10 years most of them will be worth a fraction of their IPO price. Is this tech bubble as broad as the 1995-2000 dot.com bubble – no. They finance companies that invest in new technologies, new ideas and new products. Filed under: Family/Career , Secret History of Silicon Valley , Venture Capital.

Internet 297

Internet Silicon Valley United States .Net 297

Ben's Blog

MAY 24, 2021

. “…thank you very much for the opportunity to submit written testimony regarding capital formation and the state of the U.S. IPO market. billion multi-stage venture capital firm focused on IT-related investments… I also serve on various investment committees, including for the St.

SEC 36

SEC Accredited Investor IPO Technical Review 36

SoCal CTO

AUGUST 3, 2010

Welcome to the Lost Decade (for Entrepreneurs, IPO’s and VC’s) - Steve Blank , July 15, 2010 If you take funding from a venture capital firm or angel investor and want to build a large, enduring company (rather than sell it to the highest bidder), this isn’t the decade to do it. Here’s why. Take a look at the chart below.

Software Review 217

Software Review Startup Venture Capital Technical Review 217