article thumbnail

Praying to the God of Valuation

Both Sides of the Table

Between 2006–2008 I sold both companies that I had started and became a VC. SEEING THINGS FROM THE VC SIDE OF THE TABLE While I was a VC in 2007 & 2008 those were dead years because the market again evaporated due the the Global Financial Crisis (GFC).

Valuation 466
article thumbnail

Why GE’s Jeff Immelt Lost His Job – Disruption and Activist Investors

Steve Blank

With refrains of “unlock hidden value” and “increase shareholder value,” and powered by over $120 billion in assets , activist investors like Trian look for companies like GE (or Procter and Gamble) that have a share price which is underperforming relative to its peers (or those with large amounts of cash on their balance sheets).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

2023 Predictions

Eric Friedman

Far fetched, but with a balance sheet that is gigantic and the Peloton stock around $38 ($12bln market cap) at the time of this writing, I could see this making a lot of sense. -1: 8/ There is a cohort of companies started in 2023 that rivals the vintage of 2008. 1: Nailed it. 1: Failed it. Didn’t happen.

article thumbnail

2023 Predictions

Eric Friedman

Far fetched, but with a balance sheet that is gigantic and the Peloton stock around $38 ($12bln market cap) at the time of this writing, I could see this making a lot of sense. -1: 8/ There is a cohort of companies started in 2023 that rivals the vintage of 2008. 1: Nailed it. 1: Failed it. Didn’t happen.

article thumbnail

What’s Really Going on in the VC Industry? What Does it Mean for Startups?

Both Sides of the Table

So as of 2008 total LP commitments were still at nearly $250 billion. Our current fund was raised in 2008/09.] I just don’t like too much competition armed with large balance sheets funded on speculation and hoping purely for user numbers. The top quartile funds have performed well.

LP 311
article thumbnail

ESADE Business School Commencement Speech

Steve Blank

Cheered on by finance professors, Wall Street analysts, investors and hedge funds, companies have learned how to make metrics like Internal Rate of Return look great by one; outsourcing everything, two, getting assets off their balance sheet, and three only investing in things that pay off fast.

article thumbnail

Strategy Roundtable For Entrepreneurs: VCs Are Not Always Right

ReadWriteStart

Then Prashant Singh from Bangalore, India, discussed Statisco Economic Analytics , a risk management technology for managing company balance sheets, interfacing with their ERP systems. From 2008 to 2010, Mitra was a columnist for Forbes. Statisco Economic Analytics. She is a Silicon Valley entrepreneur and strategy consultant.