Both Sides of the Table

JUNE 22, 2011

I know that most people who are close to them tend to deny their existence, as we saw in the great housing bubble of 2002-2007 and the dot com bubble of 1997-2000. The fact that today’s Internet bubble does not represent all companies does not disprove its existence. Ah, but today’s Internet companies have real revenue!

Saudi Arabia 309

Saudi Arabia Valuation IPO Technical Review 309

Both Sides of the Table

JULY 16, 2010

The VC industry grew dramatically as a result of the Internet bubble - Before the Internet bubble the people who invested in VC funds (called LPs or Limited Partners) put about $50 billion into the industry and by 2001 this had grown precipitously to around $250 billion. The top quartile funds have performed well.

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

Ben's Blog

MARCH 24, 2011

In the great bubble of 1998-2000, the boom in public valuations mirrored the boom in private valuations. The inflation-adjusted data from the last bubble tells the story: In the 3-year period from 1998-2000, venture capital firms raised more than $200 billion, which represented about 0.55% of the national GDP.

Technical Review 78

Technical Review Venture Capital Valuation Database 78

Agile VC

MAY 23, 2012

The End of “Internet” Companies. Al Gore's 2012 Induction to the Internet Hall of Fame. I’m not sure whether it’s 10 years from now or 50 years from now, but at some point in the medium to long term future we’ll cease talking about “internet” companies in any meaningful sense.

Internet 182

Internet Silicon Valley IPO Seed Stage 182

Gust

JANUARY 31, 2013

Before the commercial Internet, the primary tools of disclosure included: Prospectus and related registration statement (“S-1″) for an IPO. In 2000, the SEC adopted Regulation FD in response to growing concerns regarding “ selective disclosure.”

SEC 158

SEC Prospectus United States Technical Review 158

Both Sides of the Table

AUGUST 28, 2009

Goldman Sachs (an investor in our company) told us we’d IPO within 18 months for $1 billion so not to take any offers. My competitors from those days STILL love to talk about how much money we raised in February 2000 (get over it already!). I know that we haven’t brought in revenue as quickly as we had hoped.

PR 331

PR Software Review Ireland Germany 331

Agile VC

MAY 26, 2011

Google is still a private company (their IPO was Aug 2004). is the leading consumer internet company with Terry Semel as CEO. Silicon Valley is still emerging from the tech bubble and massive downturn of late 2000-2002. And obviously all the liq prefs went away in the IPO when pref stock converted to common.

Term Sheet 178

Term Sheet Silicon Valley Technical Review Social Network 178

Startup Professionals Musings

FEBRUARY 19, 2012

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. Initial Public Offering (IPO). Make it your cash cow.

Exit Strategy 241

Exit Strategy Initial Public Offering IPO Startup 241

Startup Professionals Musings

JANUARY 5, 2011

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. Initial Public Offering (IPO). Make it your cash cow.

Exit Strategy 231

Exit Strategy Initial Public Offering Startup IPO 231

Steve Blank

JUNE 17, 2011

The major adoption wave for the Internet technology platform will hit in the next 8 years; 3) the economics of building Internet businesses has changed; 4) the markets are much bigger. The issue is whether the next 100+ tech IPO’s carried by this bubble will be worth their offering price in 8 years.

Investment Bankers 310

Investment Bankers Stock Valuation Venture Capital 310

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. Amazon saw that the internet would change retail.

Cofounder 28

Cofounder Business Model IPO Non-Compete 28

The Equity Kicker

AUGUST 24, 2012

You can see from the chart below that the share prices of high-profile internet companies Facebook, Groupon, and Zynga are down 48-60 per cent over the last three months. Secondly, many of the problems are limited to one aspect of the start-up ecosystem: late-stage funding for some consumer internet companies.

IPO 101

IPO Valuation Silicon Valley Venture Capital 101

Hearpreneur

MAY 15, 2016

No one was catering to the thousands of parents that were taking to the internet instead of the yellow pages or your neighbor’s recommendation. is to identify the goals of a company, make a plan to achieve them, and then deploy the targeted revenue generating services they need to get there. Then that SEO service is pointless.

Entrepreneur 48

Entrepreneur SEO Web Merger 48

online.wsj.com

SEPTEMBER 23, 2012

The results were similar when he examined data for companies funded from 2000 to 2010, he says. If failure is defined as failing to see the projected return on investment—say, a specific revenue growth rate or date to break even on cash flow—then more than 95% of start-ups fail, based on Mr. Ghoshs research. Software. -

Venture Capital 107

Venture Capital Software Review Rhode Island North Dakota 107

abovethecrowd.com

JULY 10, 2014

So today, less than two years after the video, he is highlighting that Uber’s San Francisco revenues are a “healthy multiple” bigger than the historic market for both limousines and taxis. The consultant’s prediction, 900,000 subscribers, was less than 1% of the actual figure, 109 Million. Plus there are other competitors in the market.

San Francisco 111

San Francisco San Jose Marketing Technical Review 111

This is going to be BIG.

MARCH 30, 2015

Most internet opportunities were of modest scale – often worth pursuing – but not usually worth taking public. Because most internet business concepts were not capable of productively employing tens of millions of dollars of venture capital does not mean they were bad ideas." And, they aren''t necessarily revenues from other dot coms.

Hockey Stick 60

Hockey Stick Valuation Startup Maryland 60

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

www.huffingtonpost.com

MAY 10, 2011

Because we achieved our most aggressive revenue targets and built a strong community, we realized that we had a broader opportunity to change the world of graphic design. I was lucky to sign on as advisor and investor the founder of a very high-profile consumer Internet site who happens to also be a former engineer, who I will call Richard.

CTO 43

CTO CTO Hire PHP Cofounder 43

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. 20:32) On believing in the internet as an immune system, then learning it's not and taking responsibility.(22:55) And of course, this is 2000. 37:30) Compassion in layoffs. (39:37)

Silicon Valley 60

Silicon Valley Hosting Cofounder Employee 60

Seeing Both Sides

AUGUST 3, 2012

With over $1 billion in revenue, 2000 employees and a market capitalization of over $6 billion, Akamai has become a role model for scalable start-ups. billion in revenue, over $1 billion in gross profit and $500 million in EBITDA. The first year of revenue (1999) was $4 million – a remarkable achievement.

Distribution 49

Distribution Lean Massachusetts Cofounder 49

BeyondVC

JULY 5, 2004

Russell Beattie has a thorough post on Jamdat Mobile’s IPO filing. Looking at Venturesource, I see that Jamdat was first funded in March 2000 precisely the time when VCs thought wireless was the next big thing. The post Jamdat Mobile files for IPO appeared first on BeyondVC.

IPO 60

IPO Mobile Distribution Revenue 60

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. . But if that observation led them to refrain from investing in the Internet sector, they would have missed one of the most stunning legal creations of wealth in history.

IPO 48

IPO IRR Brazil Government 48

ReadWriteStart

NOVEMBER 16, 2010

The big enterprise software companies almost all bootstrapped their way to profitability before they got their first external investors (typically via an IPO). He started in online publishing before the Internet (with Prestel in 1980!). On the other hand, the failure rate of VC funded enterprise software ventures is high.

Software 127

Software Startup Architecture Bootstrapping 127

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. Consulting Google, the oracle of the Internet, indicates that there is little in the way of consensus regarding the possibility of a tech boom/bust scenario playing out in the near term.

San Francisco 20

San Francisco Silicon Valley California Oakland 20