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Praying to the God of Valuation

Both Sides of the Table

We had nascent revenues, ridiculous cost structures and unrealistic valuations. Between 2006–2008 I sold both companies that I had started and became a VC. Within 5 years I was on the board of real businesses with meaningful revenue, strong balance sheets, no debt and on the path to a few interesting exits.

Valuation 466
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Why GE’s Jeff Immelt Lost His Job – Disruption and Activist Investors

Steve Blank

In 2015 Trian Partners, an activist investor, bought $2.5 And now Immelt is now the ex-CEO, and Trian Partners just a got a seat on the GE board. At GE the biggest problem in 2017 was major revenue misses in their Power business.) During Jeff Immelt’s tenure GE’s stock-market value fell by about half. of the company.

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

Both Sides of the Table

The VC industry grew dramatically as a result of the Internet bubble - Before the Internet bubble the people who invested in VC funds (called LPs or Limited Partners) put about $50 billion into the industry and by 2001 this had grown precipitously to around $250 billion. So as of 2008 total LP commitments were still at nearly $250 billion.

LP 311
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ESADE Business School Commencement Speech

Steve Blank

Companies horde cash and squeeze the most revenue and margin from the money they use. Since the financial crisis of 2008, policy makers have kept interest rates at near zero, flooding the market with cheap money in an attempt to restart growth. But they have also stacked the deck against investment in long-term innovation.

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A Tale of Profit First Success from Sherri Tafoya, President & founder of Custom Blinds & Design

Mike Michalowicz

. – as business progressed from my “shop at home”, model, I stepped out in faith- and opened a Hunter Douglas trademark Gallery Store in Lincoln 2005- then a second Gallery Store in Omaha, 2008. . We opened my balance sheet together, and Dave said “Sherri, it looks like you are running just ahead of your sales.

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The Collapse of the VC Ecosystem & What It Will Look Like Post.

Altgate

I say ecosystem as opposed to industry because it is not just the VC funds themselves that are imploding, instead the collapse includes entrepreneurs and startups that were funded by VCs, angel investors, service providers like lawyers, bankers and accountants as well as limited partner investors in VC funds. So what to do?

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People-First Capitalism

Reid Hoffman

Greylock Partners · Brian Chesky | People-First Capitalism. And I think one of the things that we’ve learned is, when I came to Silicon Valley in 2007, we were starting Airbnb in 2008, it was a marketplace. So we have to think of ourselves as partners. Because if you do, it’s going to skew your decision making,” says Chesky. “I