Both Sides of the Table

JUNE 5, 2011

2 preamble issues having read the comments on TC today: 1: I know that the prices of startup companies is much great in Silicon Valley than in smaller towns / less tech focused areas in the US and the US prices higher than many foreign markets. That’s the deal you get when you’re raising in a good market for startup financing.

Pre-Money Valuation 336

Pre-Money Valuation Valuation Silicon Valley Stock 336

Hearpreneur

NOVEMBER 27, 2019

Summit CPA is now a company with over $5M in annual revenue and our team is fully distributed throughout the United States. In 2008, while growing my employee benefits business, my mom took a fall at work that required shoulder surgery. And I was right. Thanks to Jody Grunden, Summit CPA Group ! #12- 12- Considered a few factors.

Naming 150

Naming CPA Entrepreneur Software Review 150

K9 Ventures

APRIL 27, 2011

In April 2008, I was introduced to Ugmode, Inc. It was a team of two sharp Computer Science PhDs, they had core new technology in the form of the algorithms they ran in the back-end, and also core new technology when it came to the display of information. The lawsuit completely killed the financing prospects for Ugmode.

Software Review 134

Software Review Technical Review IP Finance 134

This is going to be BIG.

SEPTEMBER 30, 2012

How else can you explain this headline matching a story about a professional social network still trying to explore revenues raising $17mm on an $80mm valuation? venture capitalists are now asking tougher questions about start-ups' revenue and profits.". Perhaps I need to rethink that. What follows in this story is pretty laughable: ".venture

Venture Capital 114

Venture Capital Marketing Term Sheet Software Review 114

Cracking the Code

MARCH 12, 2010

Given the predictability of SaaS GAAP revenues on a quarterly basis, the fact that the 08/09 projections were unchanged is not a surprise. Given that the revenues are not growing very fast, this means that most of the companies have reduced their sales force and focused on productivity improvement. Finance Dissertation Help.

Software Review 63

Software Review Technical Review Cloud Forecast 63

ReadWriteStart

SEPTEMBER 10, 2010

They already have several customers including some telcos, and are at about $350,000 in revenues. I call it drip-financing. Most entrepreneurs have no choice but to avail of this sort of financing along with the mentoring and the contacts that could come with it (doesn't always come along, though). Kir Devries.

Cloud 115

Cloud Silicon Valley Incubator Finance 115

Hearpreneur

FEBRUARY 14, 2018

2- Business and Finance. I don’t feel comfortable sharing exact revenue numbers but it’s now making me more than $1,000 per month. Thanks to Cynthia Brown, Only Top Reviews ! #4- 4- Home technologies. My background comes from owning my own photography business when I became an entrepreneur back in 2008.

Entrepreneur 74

Entrepreneur Technical Review SEO New York City 74

David Teten

SEPTEMBER 5, 2014

Like many established finance & media companies, GLG knows that the tech startup sector is a growing part of the economy. This is particularly true in New York, where their traditional financial services industry client base has sustained significant damage since the 2008 financial crisis. We kind of bring it all together.

New York 114

New York Technical Review Networking Advisory Board 114

ReadWriteStart

NOVEMBER 3, 2011

In How To Defend Your Dream Against All Odds , Alex and I explore the company's journey to $200 Million in revenue, while their VCs wrote them off. From what I have seen, this is one of the few companies that can cross the elusive billion dollar mark in due course. From 2008 to 2010, Mitra was a columnist for Forbes. Discuss.

North Carolina 116

North Carolina San Diego Entrepreneur Balance Sheet 116

Both Sides of the Table

SEPTEMBER 29, 2009

Huge downturns have a real impact on the revenue line of start-ups and therefore the pressure on valuations. High burn-rates fueled by over investment – One of the most damning things that happened to the start-up markets in 97-00 and 05-08 was the overfunding of technology companies. I argued for literally a year to slash burn.

Burn Rate 263

Burn Rate Valuation Pre-Money Valuation Private Equity 263

ReadWriteStart

SEPTEMBER 23, 2010

First up was Brad Barrett presenting GrillGrate , a grill accessory with which Brad has built a year-to-date revenue of $400,000. I will work with him on his inventory financing strategy. Then Dhana Cohen pitched TheNextBigZing.com where she has collected various merchants with video reviews of products. GrillGrate.

India 114

India Silicon Valley Incubator Bootstrapping 114

ReadWriteStart

MARCH 24, 2011

The discussion today was around Social Media financing and go-to-market strategy. The missing piece is getting reviewed by campus blogs and newspapers, which I advised Chris to look into. From 2008 to 2010, Mitra was a columnist for Forbes. I like these two strategies. Photo by nazreth. Discuss.

Illinois 114

Illinois Entrepreneur Silicon Valley Chicago 114

Cracking the Code

OCTOBER 9, 2009

This strong recovery has highlighted the resiliency of the recurring revenue model in a downturn as well as the stength of the shift to soaftware-as-a-service and cloud computing. In other words, how much of the decline in revenue growth is due to signing up fewer customer vs lower revenues from each new customer.

Software Review 48

Software Review Technical Review Cloud Europe 48

Cracking the Code

DECEMBER 1, 2009

1st 2008 with a base value of 100.00 In search of Europe's next tech stars. ► 2008. (11). The Bessemer 10 laws of SaaS - Fall 2008 Release. Churchill Club 2008 Top 10 Tech Trends. Happy New Year 2008! The recession created opportunities! Add RSS feed. Subscribe via email. SaaS 13 Index*.

Software Review 48

Software Review Technical Review Cloud Europe 48

ReadWriteStart

OCTOBER 7, 2010

At today's roundtable we had some interesting companies and a lot of fundraising discussions, and I will review them shortly. That is debt financing that converts into equity at the Series A valuation once the price for that is set. (I I started doing my free Online Strategy Roundtables for entrepreneurs in the fall of 2008.

Valuation 119

Valuation Silicon Valley Pre-Money Valuation Bootstrapping 119

ReadWriteStart

SEPTEMBER 16, 2010

Charge-back accounting solution for large enterprises deploying cloud technologies. Ric Telford, VP of cloud services, IBM pointed me to the rather significant move towards rolling out private clouds at large enterprises, a move that IBM is spearheading by providing full stacks of infrastructure technologies. Sequoia has financed them.

Cloud 117

Cloud Fractional CTO Entrepreneur Bandwidth 117

Cracking the Code

NOVEMBER 13, 2008

Thursday, November 13, 2008. 1st 2008 = base 100) This number compares to the Nasdaq reaching a low point of -46% and currently showing a -40% drop year to date. Cracking The Code. Thoughts from a Venture Capitalist on Software, Software-as-a-Service (SaaS), Cloud Computing, Internet and more. Preserving cash is your #1 priority 2.

Software Review 48

Software Review Technical Review Valuation Portfolio 48

Cracking the Code

NOVEMBER 10, 2009

It is intriguing to see the M&A dynamics in the space, highlighting the interest of tech companies for recurring revenue streams - even SAP announced in their analyst call earlier this month that they were moving from perpertual licenses to five year term licences. on January 1st 2008. 1st 2008 with a base value of 100.00

Software Review 48

Software Review Technical Review IPO Cloud 48

K9 Ventures

JUNE 5, 2015

In that presentation, I said that Seed is not the first round of financing any more and that K9’s investments were mostly “pre-seed”. As the check size increases, investors tend to look for more traction, established revenue models, proven unit-economics, and other metrics that were previously associated with later stage companies.

Seed Stage 48

Seed Stage Venture Capital Early Stage Valuation 48

Cracking the Code

NOVEMBER 10, 2009

Get instrument rated, and trust the 6Cs of Cloud Finance (more.) The internet is your new channel and Technology Enabled Service providers are among the few partners that actually care if you succeed (more.) Cloud accounting is all about matching revenue and costs to consumption…well, except for professional services!

Software Review 48

Software Review Cloud Technical Review Sales Cycle 48

SoCal CTO

DECEMBER 1, 2010

I continue to collect great content that is the intersection of startups, products, online and technology. The United States is now a debtor nation to China and that the bill is about to come due. These are probably the two sites where I've posted the most reviews. One out of ten of Americans are out of work.

Technical Review 175

Technical Review Technology Product CTO Hire 175

Cracking the Code

FEBRUARY 25, 2008

Monday, February 25, 2008. The Index reference point starts on January 1st 2008 at 19,187.81 As I was building the spreadsheet, I also included the revenue multiples for this set of companies, both for the trailing 12-month (TTM) and the forward 12-month (FTM). 1st 2008 with a base value of 100.00 ▼ 2008. (11).

Software Review 48

Software Review Technical Review Europe Venture Capital 48

Steve Blank

OCTOBER 24, 2017

A version of this article is in the Harvard Business Review. — Unremarked and unheralded, the balance of power between startup CEOs and their investors has radically changed: IPOs/M&A without a profit (or at times revenue) have become the norm. 20th Century Tech Liquidity = Initial Public Offering. Board Control.

Founder 245

Founder Technical Review CTO Hire IPO 245

Both Sides of the Table

MAY 23, 2012

I have been close to the tech & startup sectors for more than 20 years and I can’t think of a period in which I felt more optimistic about the innovation and value creation I see in front of us. Try charging customers for your product when you have 12 competitors giving the product away free finances by $20 million of VC.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

Cracking the Code

JANUARY 22, 2009

While it may make sense to offer very slight adjustments for favorable payment terms and one time revenue, net additions to MRR should dominate the sales rep’s thoughts. 1 of MRR generates $12 of annual revenue, so $1 commission equals 1/12=8.3% of Year One Revenue Sounds high, but is that considered a reasonable package?

Software Review 91

Software Review Clawback Sales Salary 91

Startup Lessons Learned

MAY 25, 2020

9:33) Scaling Up Excellence , process debt, technical debt, and human capital debt, plus rapid prototyping during the pandemic. (13:58) 28:12) The pandemic as a moment to invest in people and technology, have a plan and execute. 42:07) On how the 2008 financial crisis prepared banks for the pandemic. (44:25)

Technical Review 148

Technical Review Balance Sheet Texas Austin 148

Cracking the Code

DECEMBER 16, 2006

however, public SaaS companies like Concur, Saba, Taleo, LivePerson and Ultimate are growing 50-100% per year and trading at an average 5x trailing revenue multiples (I excluded salesforce leading the pack with 9x!) whereas traditional software companies of this size have a growth rate of less than 10% and revenue multiples of 2-2.5x.

Software Review 48

Software Review Silicon Valley Technical Review Software 48

SVPG

SEPTEMBER 30, 2016

I’ve had the opportunity to work with many impressive teams and product managers from a broad range of leading tech companies, and this has helped me to get a better sense of the what is essential to the role, and to success. Those were the technology-powered innovations that enabled the new, much more desirable business model.

Product 60

Product Technical Review Software Review Engineer 60

Ben's Blog

MARCH 24, 2011

Lately, everybody seems to be talking about a new technology bubble. A Comparison Between Today’s “Bubble” and the Last Tech Bubble. If publicly traded technology companies are not at bubble-like prices, then private technology valuations aren’t either because they are roughly equivalent. Are the prognosticators correct?

Technical Review 78

Technical Review Venture Capital Valuation Database 78

rapidrollout.wordpress.com

OCTOBER 23, 2010

Web Startup Lessons Advice from a CTO and Entrepreneur Home About Finding a Technical Partner for Your Startup Today I received an inquiry from a student at an Ivy League university who wants to launch a web startup. One partner takes on a business role and the other takes responsibility for technology. Again, go where the geeks are.

Technical Review 40

Technical Review Fractional CTO Partner CTO Hire 40

Cracking the Code

OCTOBER 10, 2008

Friday, October 10, 2008. The Bessemer 10 laws of SaaS - Fall 2008 Release. When we first published Bessemer’s Top 10 Laws for Being "SaaS-y" in early 2008 in conjunction with our annual invitation-only SaaS CEO Summit, we were overwhelmed with the positive response and feedback we received. Great list! Philippe Botteri.

Software Review 48

Software Review North America Europe Metrics 48

Cracking the Code

MAY 25, 2010

A few highlights from the different keynotes and speakers On top of Jason, we also had the chance of having many great speakers at the event and here are a few quotes and notes that I have taken during the different keynotes and panels: Joe Payne, CEO of Eloqua moderated the panel on Revenue Performance Management. ► 2008. (11).

Software Review 74

Software Review Cloud IPO Jordan 74

www.chubbybrain.com

SEPTEMBER 28, 2011

Also worth a read after you review these startup failure post-mortems. spent $20 million to get back to the same revenue that I had when I was CEO. created a vastly higher cost structure; I had 80 people mostly on base salaries under $100,000 and was bringing in revenue at the rate of $20 million annually. .”).

Software Review 79

Software Review Startup Technical Review Vesting 79

ReadWriteStart

SEPTEMBER 16, 2011

Siddhesh has already validated his business and is catering to home buyers, sellers, and brokers, generating revenues from advertising and sponsorships as well as brokerage revenue sharing. As I keep reiterating, 99% of the businesses that go out for financing get rejected. From 2008 to 2010, Mitra was a columnist for Forbes.

Brazil 115

Brazil India Entrepreneur 115

mashable.com

NOVEMBER 4, 2010

Home Social Media Business Entertainment Tech Web Video Dev & Design Apple Mobile Social Good Jobs Web Design Web Development Now Trending : Sharp to Launch Two 3D Android Handsets in Japan November 4, 2010 Jolie ODell View Comments 7 A/B Testing Resources for Startups and Solo Developers email share email share Do you like this story?

Developer 73

Developer Software Review PHP Social Media 73

Hearpreneur

AUGUST 19, 2015

So, in 2008, I began selling new and refurbished servers and storage lines, which quickly became advantageous to those small-and medium-sized businesses who needed to save money during the cash-strapped days of the recession and chose upgrading their systems versus buying new. It was so bad that I almost wrote my first Yelp review.

Entrepreneur 48

Entrepreneur Australia Technical Review Community 48

Cracking the Code

MARCH 10, 2008

Monday, March 10, 2008. I found this approach interesting, but it seems to me that gross margin is a more relevant benchmark than revenues, given that the GM of saas companies varies by type of application and size of the company (for example NetSuite went from about 50% GM three years ago to close to 70% today). Cracking The Code.

Sales 79

Sales Software Review Marketing Technical Review 79