Remove 2007 Remove Bootstrapping Remove Burn Rate Remove Metrics
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ProfessorVC: 4 Lessons of Entrepreneurship

Professor VC

Its Ok to Exit a Little Early -StubHub was experiencing great growth and hitting its metrics when Ebay acquired the company in early 2007 It is quite possible that Jeff could have gotten a higher price for the company by waiting, but felt there were a number of benefits to exiting when they did. ► October. (1). ► July. (1).

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Startup Revenue Milestones

K9 Ventures

At K9 we invest in companies which have a clear/direct revenue model and typically don’t invest in companies that follow the Ubiquity first Revenue Later (URL) revenue model made famous by Eric Schmidt in 2007. By carefully managing your burn rate and steadily growing revenue, you can now survive — almost forever.

Revenue 48
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ProfessorVC: Waah.Do I have to build a financial model?

Professor VC

To that last one, there is certainly some truth as the standard time vs. revenue chart in most business plans looks like this: Im not teaching Entrepreneurial Finance this semester for the first time since Fall 2007. What are the key drivers and metrics? Byron Deeter has a good blog post on SAAS metrics. Bootstrapping 101.