2007 Florida Revenue Venture Capital 
Steve Blank
JUNE 10, 2010
Once they found a profitable business model they realized that scale required external venture capital to fuel rapid expansion. With venture capital came accountability to board members, forecasts, and other people’s agendas. Success for this new division meant generating substantial revenue and profit for company.
abovethecrowd.com
JUNE 2, 2021
Consider these facts: Start by poring over the data compiled by Jay Ritter at the University of Florida. If you add in 7% banker IPO fee, that represents a 55% cost of capital (for an entire year worth of IPOs, count 165). It took courage for Zach Nelson and the team at Netsuite to also use a Dutch Auction in 2007.
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