Cracking the Code

NOVEMBER 10, 2009

Cracking The Code. Thoughts from a Venture Capitalist on Software, Software-as-a-Service (SaaS), Cloud Computing, Internet and more. On the IPO front, LogMeIn made the news, being one of the few tech IPO on the NASDAAQ in 2009. Congrats to Jim Kelliher, CFO and Michael Simon, CEO, for a successful IPO!

Software Review 48

Software Review Technical Review IPO Cloud 48

Both Sides of the Table

JUNE 22, 2011

It’s like people arguing that there’s a beautiful beach house in 2006 that represents great long-term value due to scarcity of similar property. And this is happening in mezzanine (pre-IPO) deals as well. And post IPO deals, although these tend to correct more quickly. That happened a lot in 2002 and again in 2008.

Saudi Arabia 309

Saudi Arabia Valuation IPO Technical Review 309

Cracking the Code

FEBRUARY 27, 2009

Cracking The Code. Thoughts from a Venture Capitalist on Software, Software-as-a-Service (SaaS), Cloud Computing, Internet and more. Bessemer Venture Partners Expands BVP VII Fund. New Capital Earmarked for Global High-Growth Investments LARCHMONT, N.Y., Labels: Portfolio , Venture Capital.

Software Review 48

Software Review Partner United States Venture Capital 48

Both Sides of the Table

OCTOBER 1, 2009

In the first post in this three part series I described why I believe the VC market froze between September 2008 – April 2009. I wonder, though, how much of that is emerging market and how much of the industrialized nation growth is due to stimulus money, which in turn either dries up or forced inflation?

Technical Review 269

Technical Review Stock Hawaii Early Stage 269

Both Sides of the Table

JULY 16, 2010

So as of 2008 total LP commitments were still at nearly $250 billion. Our current fund was raised in 2008/09.] After all, most people don’t understand that “venture capital is a get rich slowly&# scheme. Excess capital will drive up prices in that segment and drive down returns.

LP 311

LP Technical Review Early Stage Silicon Valley 311

Cracking the Code

SEPTEMBER 2, 2008

Cracking The Code. Thoughts from a Venture Capitalist on Software, Software-as-a-Service (SaaS), Cloud Computing, Internet and more. Tuesday, September 02, 2008. So where does Salesforces profitability stands today compared to the most successful on premise public software companies? for Lawson? at 6:50 PM.

Software Review 48

Software Review Software Technical Review Cloud 48

Both Sides of the Table

APRIL 2, 2010

This is part of my series on Understanding Venture Capital. Some wait 5-7 years but usually this is because it’s proving more difficult to raise a new fund due to market conditions or the lack of returns in their current fund. Tags: Pitching VCs Raising Venture Capital VC Industry.

Venture Capital 269

Venture Capital Balance Sheet Early Stage Software Review 269

Cracking the Code

JULY 6, 2007

Cracking The Code. Thoughts from a Venture Capitalist on Software, Software-as-a-Service (SaaS), Cloud Computing, Internet and more. However, SaaS companies are trading today at an average of 5-6x trailing revenues (salesforce leading the pack with 8.7x), while traditional software companies are in the 2-3x range.

Software Review 66

Software Review Metrics Valuation Technical Review 66

Ben's Blog

MARCH 24, 2011

Let’s look at public market comparables and venture capital flows to see if we can find a match. Companies that produce little value today might still receive high valuations due to high growth expectations. Venture capital flows. If too much venture capital hits the streets, valuations will bubble up.

Technical Review 78

Technical Review Venture Capital Valuation Database 78

David Teten

JANUARY 10, 2012

He is an active angel with many successful angel investments including: Rent.com, (purchased by Ebay in 2005 for $415 million), Golfnow.com (purchased by Comcast in June 2008), and Lifelock (lead investors include Bessemer Venture Partners and Kleiner Perkins Caufield & Byers). and Tweetdeck (purchased by Twitter in June 2011).

Technical Review 128

Technical Review Technology North Carolina Switzerland 128

Pascal's View

AUGUST 12, 2009

In Silicon Valley, Boston, Austin, and other innovation centers across the country, entrepreneurs and their backers (who are not limited to venture capitalists) are all keenly aware that Washington’s addiction to enacting hasty, one-size-fits–all financial regulation will continue to have far-reaching unintended negative consequences for the U.S.

IPO 28

IPO Silicon Valley Merger Sweat Equity 28

Cracking the Code

MARCH 10, 2008

Cracking The Code. Thoughts from a Venture Capitalist on Software, Software-as-a-Service (SaaS), Cloud Computing, Internet and more. Monday, March 10, 2008. Labels: SaaS , sales and marketing , software. Cracking The Code on Facebook. 1st 2008 with a base value of 100.00 software. (10).

Sales 79

Sales Software Review Marketing Technical Review 79

Cracking the Code

FEBRUARY 12, 2007

Cracking The Code. Thoughts from a Venture Capitalist on Software, Software-as-a-Service (SaaS), Cloud Computing, Internet and more. It would be nice if You wanna give us some advises on the recruiting process in Venture Capital Industry. Cracking The Code on Facebook. software. (10).

Software Review 48

Software Review SEM Marketing Las Vegas 48

Cracking the Code

FEBRUARY 4, 2008

Cracking The Code. Thoughts from a Venture Capitalist on Software, Software-as-a-Service (SaaS), Cloud Computing, Internet and more. Monday, February 04, 2008. 2007 was a turning point for the SaaS industry with the successful IPOs of NetSuite, SuccessFactors, DemandTec, Salary.com, Aprimo and Constant Contact.

Software Review 48

Software Review South Korea IPO Portfolio 48

Pascal's View

SEPTEMBER 7, 2009

Unfortunately, Mr. Slywotzky makes an important assertion about venture capital that is incorrect. business model that drives job growth in emerging growth companies is IPOs. PricewaterhouseCoopers (PwC) and the National Venture Capital Association (NVCA), based on data provided by Thomson Reuters.

IPO 38

IPO Venture Capital America Marketing 38

Scalable Startup

FEBRUARY 1, 2013

Marc Andreessen: So the computer industry started in 1950 and basically ran for 50 years with the same model, which was a model where all of the new computers, all the new technology, all the new software started out being sold for the highest prices to the biggest organizations. So originally the customer was the Department of Defense.

Software Review 22

Software Review Startup Venture Capital Stock 22

Startup Lessons Learned

AUGUST 24, 2009

When I reviewed a recent product development book, it immediately shot up to Amazon sales rank 300. For example, the best book reviewers only review books published by the best publishers, which only accept manuscripts from the best agents. And how could they possibly review a blog? Is that a lot? Is that good?

San Francisco 113

San Francisco Lean Technical Review Distribution 113

SoCal CTO

AUGUST 3, 2010

5 Lessons from 150 startup pitches - A Smart Bear: Startups and Marketing for Geeks , July 11, 2010 I just reviewed several hundred startup pitches for Capital Factory. So, I’ve had about 4 years on the “inside” of a fast-growing, venture-backed B2B SaaS startup. Most were on paper and video; 20 were invited to pitch in person.

Software Review 217

Software Review Startup Venture Capital Technical Review 217