Rob Go

JUNE 16, 2014

A few notable excerpts: Kyle Alspach’s commentary on seed and series A at BetaBoston; Brad Feld’s tweet a few weeks ago that “$100k MRR [monthly recurring revenue] used to be interesting. On top of that, investors from other geographies definitely do invest in early-stage companies that are not in their backyard.

Early Stage 67

Early Stage Boston Portfolio Venture Capital 67

www.inc.com

SEPTEMBER 24, 2011

But with the help of Grahams company, which specializes in creating tech systems for start-ups, Jumpstart grew to more than $50 million in revenue--enough to make it an attractive acquisition for media conglomerate Hachette Filipacchi. But in 2007, after Jumpstarts success, he decided to get serious. Graham was happy for his client.

Arizona 40

Arizona Equity Iowa Venture Capital 40

View from Seed

JANUARY 26, 2016

With that in mind, let’s look at an illustration of these trends below, which demonstrates what’s been happening to early-stage financing rounds over the last 15 years or so. Series A investors invested quite early, often before product/market fit. Also, the stage of the company tends to be very early.

Seed Stage 120

Seed Stage Early Stage Cofounder Finance 120

Austin Startup

AUGUST 20, 2017

Early stage startups have to survive one day at a time and are often presented with limited choices of the moment that enable them to continue. At early stages you probably don’t have an assembly line and can’t clearly define any particular job. Keep the valuations consistent with company progress.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

Cracking the Code

JULY 6, 2007

Friday, July 06, 2007. I was surprised today when I went through the NetSuite IPO filling (S1) to see that it looked very much like any Enterprise software document - not a single mention of churn or % of recurring revenues. SaaS business metrics: why are they different? Different models require different performance metrics.

Software Review 66

Software Review Metrics Valuation Technical Review 66

David Teten

NOVEMBER 17, 2011

I’ve often found it helpful to have on hand a simple model showing the impact of each financing stages on all team members, suitable for sharing with everyone in the company. Download the Startup Options Valuation model here. I couldn’t find one online, so I built it. Valuing startups is a far fuzzier process.

Employee 155

Employee IRR Startup Mexico 155

Eric Friedman

AUGUST 18, 2021

He is also co-founder and Managing Partner of Deciens Capital, an early stage investment fund. In 2007, he was named the Anne Armstrong Leadership Fellow, a position given annually to the most promising young foreign policy professional. Today, we are lucky to welcome Dan Kimerling of Deciens Capital. Dan has a B.A.

Silicon Valley 88

Silicon Valley Venture Capital Cofounder Africa 88

Cracking the Code

OCTOBER 10, 2008

Be prepared to cross the desert - SaaS requires R&D and sales expense up front for a multi-year stream of revenue, so it demands enough investment capital to fund 4+ years of runway. Farming is also often overlooked, but can help grow customer accounts and revenues from 30% upwards (if successful). Great list! Philippe Botteri.

Software Review 48

Software Review North America Europe Metrics 48

dondodge.typepad.com

JANUARY 15, 2011

Community is more powerful than money or technology » August 11, 2007 How much equity for investors and employees? Entrepreneurs face some pretty tough questions at a very early stage. How much equity should I grant to early employees? Dont worry about giving up too much equity at an early stage.

Equity 40

Equity Employee Dilution Valuation 40

Altgate

MARCH 8, 2009

There are three types of venture investing (early stage, “growth&# stage and later stage. Early stage means the first real investors in a startup when the team could be as small as 5-10 people. So in the current collapse, the later stage investors will fare the best, or should I say least worst.

Later Stage 34

Later Stage Early Stage Venture Capital Portfolio 34

www.forentrepreneurs.com

FEBRUARY 2, 2010

It appears that LTV should be about 3 x CAC for a viable SaaS or other form of recurring revenue model. recurring revenue) are illustrated in the diagram below: Lessons Learned – Ways to reduce customer acquisition costs Conversion rates play an extremely important role in your customer acquisition cost. This is a mistake.

Acquisition 103

Acquisition Cost Customer Entrepreneur 103

Professor VC

AUGUST 26, 2011

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. Does a complicated sales build model make sense for a pre-revenue SaaS company? How do you think?

Silicon Valley 35

Silicon Valley San Jose Hockey Stick Venture Capital 35

www.startupnorth.ca

OCTOBER 23, 2010

But for every founder, there is an early employee that takes near equal risks in joining an early-stage company. I would assume that they are very similar but given the lower valuations and this may change the salary/options mix. Darmesh Shah has a great list of insights for employees joining early stage companies.

Employee 41

Employee Founder Salary Equity 41