Steve Blank

SEPTEMBER 5, 2018

Tech IPO prices exploded and subsequent trading prices rose to dizzying heights as the stock prices became disconnected from the traditional metrics of revenue and profits. Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan.

Lean 335

Lean Burn Rate Startup IPO 335

Agile VC

MAY 26, 2011

Google is still a private company (their IPO was Aug 2004). conference happened at the end of 2004). LinkedIn’s product had only been live for a couple months, we only had tens of thousands of registered users, and wouldn’t start generating revenue for more than a year after this point.

Term Sheet 178

Term Sheet Silicon Valley Technical Review Social Network 178

Ben's Blog

AUGUST 17, 2020

OH in South Park, San Francisco (or on Zoom from Big Sky, Montana): “OMG, crazy – that firm just paid 100x revenue to invest in [insert hot startup here] – what could they be thinking?” cash flows beyond that forecast period). It starts with the complexity involved in valuing companies in general.

Valuation 36

Valuation Balance Sheet Cofounder Forecast 36

BeyondVC

NOVEMBER 25, 2003

Its latest survey calls for an increase of 2% spending for 2003 versus a December 2002 survey which forecasted a decline of 1.1% That being said, the October 2003 survey forecasts spending growth of only 1.3% for 2004, down from an August 2003 spending survey forecast of 2.3% growth for 2004. for 2003 spending.

Forecast 60

Forecast Software Review Portfolio Security 60

VC Cafe

MARCH 4, 2024

Since I’ve started writing about Israeli startups in 2004, there has never been any event like October 7 and the war that followed. credit rating forecast dropped in November, and since then the S&P 500 index has jumped by 15%. Israeli startups deliver #NoMatterWhat I’ve started VC Cafe in December of 2004.

Technical Review 78

Technical Review Cofounder Venture Capital 78

Up and Running

MARCH 2, 2015

Just get on and do it, but do so with realistic income and cost forecasts,” he advises, “On the whole it’s wise to halve your income expectations and double your costs – if it still works then you have a chance at making your business work.”. So what’s his advice for startups? For the love of business. Look at Indosole, for example.

Indonesia 60

Indonesia Cofounder Forecast Government 60

BeyondVC

JANUARY 20, 2004

I was quite frustrated recently when one of my portfolio companies presented the board with a 2004 revenue forecast which was not based on reality. Yes, there is always a mysterious aura about forecasting sales, and it is alot of art, but to the extent you can bring some science and process into it, the better off you are.

Forecast 60

Forecast Sales Sales Cycle Early Stage 60