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. conference happened at the end of 2004). One partnership was clearly very divided and a vocal minority of GPs thought consumer internet companies were a massive waste of time and money.

Term Sheet 178

Term Sheet Silicon Valley Technical Review Social Network 178

Agile VC

FEBRUARY 2, 2012

Founded : Spring 2004, incorporated July 2004. How They Make Money : Facebook’s primary revenue stream is of course selling advertising on Facebook.com, which in total accounts for 85% of revenue. Financial Snapshot : 2011 Revenue: $3.71 2011 YoY Revenue Growth: 88%. 2011 YoY Revenue Growth: 88%.

IPO 100

IPO South Korea Venezuela Revenue 100

Gust

NOVEMBER 4, 2011

Rather than reinvent the wheel, I would point readers to Martin Kleppmann’s useful blog post with graphs illustrating the effects of a valuation cap on entrepreneurs, seed investors and later-round (typically VC) investors. Valuation caps can come into play in settings other than seed-stage convertible note financing rounds.

Valuation 98

Valuation Pre-Money Valuation Merger Vesting 98

Agile VC

MARCH 8, 2012

But even during the macroeconomic boom of 2004 to early 2008 (inflated by various credit bubbles – housing, sovereign debt, LBOs) tech IPOs were extremely rare and then the global economic crisis of late 2008 – 2010 only further dampened hopes for a recovery. Zynga – 8x+ trailing revenue. trailing revenue.

IPO 100

IPO Silicon Valley Revenue Seed Stage 100

David Teten

JUNE 7, 2011

Until recently, most Internet innovation has centered around improvements — big improvements, but incremental ones nonetheless — to existing business models and familiar social structures: Amazon is the ultimate retail destination, Zipcar the ubiquitous rental-car agency; Meetup is a sewing circle on steroids.

Darfur 122

Darfur Sudan Cofounder United Kingdom 122