Startup Professionals Musings

SEPTEMBER 30, 2012

IPOs in 2008, the market was up to a still trivial 159 in 2011. With the more popular Merger & Acquisition (M&A) exit strategy, the control stays with the new entity. Even though the Initial Public Offering (IPO) alternative for a successful startup seems to be coming back into vogue, it is relatively rare.

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Scalable Startup

JULY 20, 2013

In 2008 I was working on a post-merger integration project for a small company being acquired by a Fortune 100 behemoth. We looked at several SaaS based systems for accounting, sales automation, calendaring, product management, scheduling our company airplane, travel, etc.

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VC Cafe

JANUARY 6, 2015

In April 2008, I wrote a series of posts about the Golden Age of Israeli startups in the areas of funding , product innovation , mergers and acquisitions and smart money , but then Lehman collapsed… are good times back or are we about to hit another market correction? The IPO activity in 2014 reached a 10 year peak, to $2.1

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Jason Ball

JANUARY 18, 2009

I guess the difference this year is that everyone knows 2008 was simply awful across the board… Icon Corporate Finance has provided the data points though, demonstrating that 2008 looked very grim: You’ll notice the vast majority of exits were sub $100M last year, while valuations outside of this band are falling fast.

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Feld Thoughts

SEPTEMBER 18, 2012

We cut a deal in 10 minutes – I offered up a 50/50 merger and Fred suggested he wanted a little more since Return Path had raised 3x the money Veripost had. I still vividly remember the phone call Fred and I had where we cut a deal to merge two nascent companies – Veripost and Return Path – in what became Return Path.

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Jeff Hilimire

AUGUST 16, 2013

When we were selling Spunlogic, the process took us from mid-summer of 2007 until March 26, 2008. And then after we sold, we were distracted with the merger. And wouldn’t you know, we didn’t see nearly the growth we were projecting in 2008 because of it. But with each mistake made there was new wisdom gained.

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Gust

NOVEMBER 4, 2011

The TL;DR answer to the stock option question is that MySpace options were cashed out at modest value at the time of the FIM merger, coming on the heels of the spin-out of MySpace into a separate subsidiary by parent company Intermix Media, with an infusion of new capital from Redpoint Ventures. Read on for a fuller explanation.

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Duct Tape Marketing

FEBRUARY 19, 2020

And in order to compete against the big guys, the Deloittes, the McKinseys, the Accentures, our niche became large scale change projects, anything from mergers and acquisitions to large scale system integration work. In 2008, after working for that management consulting firm, I owned a contract packaging firm. Jack McGuinness: Yeah.

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Steve Blank

MARCH 18, 2011

Tech IPOs were a receding memory, and mergers and acquisitions became the only path to liquidity for startups. Rules for building a company in 2011 are different than they were in 2008 or 1998. VC’s went back to basics, to focus on building companies while their founders worked on building customers. The New Exits.

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Both Sides of the Table

JULY 10, 2010

How to investment banks help with the M&A (mergers & acquisitions) process? Revenue of ~$160mm in 2008. Note: they will typically charge you a small retainer to work together but they make most of their money on a success basis by taking a percentage of capital raised. This is often in the 5-7% range. TechCrunch.

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Hearpreneur

MAY 15, 2016

Prior to founding Rukkus, I was a quantitative analyst at Goldman Sachs where I was a member of the advisory team for the Ticketmaster/Live Nation merger as well as the Groupon IPO. Photo Credit: Manick Bhan. During this time, I took a special interest in the market dynamics of the live entertainment ticketing industry.

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The Next Web

OCTOBER 2, 2013

Founded in 2008, Shanghai-based CooTek is the company behind TouchPal X Keyboard and TouchPal Contacts , which lets you type contact names directly on your smartphone’s dial pad. When CooTek started its business in 2008, that was a time when the iOS market was still the largest ecosystem and also the easiest to make money from, Lee notes.

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China Developer Intellectual Property Mobile 122

www.copelandfirm.com

OCTOBER 21, 2010

Home About Fee Arrangements Location Referrals Testimonials Business Law HUB Certification Mergers & Acquisitions Startup Advice Intellectual Property Copyrights Trademarks Securities Law Debt and Bridge Financing Series A Startup Law Entity Formation Corporation LLC Series LLC RSS Founders Shares: How do you split them up?

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Startup Company Lawyer

MARCH 14, 2010

The Y Combinator documents were released in August 2008. Changes in preferred and merger/sale of assets only. What’s the difference between the Series Seed documents, the TechStars documents, the Y Combinator documents and TheFunded Plain Preferred term sheet? The TechStars documents were released in February 2009.

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Finance Software Review Term Sheet Liquidation Preference 70

Life Beyond Code

JANUARY 17, 2012

I wanted to learn about the “secret sauce” of Dell’s merger and acquisition process which seemed to be superior based on what I had observed from my limited vantage point. The article research opened the doors for me. I doubt I’d be able to pick up the phone and get these people to speak to me out of the blue.

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Both Sides of the Table

DECEMBER 18, 2009

We had been working on a merger between BuildOnline and a competitor called iScraper. My contact at ETF told me that Apax had called them and told them that they were planning to fund iScraper on their own without the merger and that ETF should back their deal rather than ours. .&# (quote via David Fishman ).

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Pascal's View

SEPTEMBER 14, 2008

Dave Barry, Managing Editor of Dow Jones Financial Information Services , has invited me to join a panel of M&A experts on September 26 to discuss best practices and some of the key challenges currently facing VC-backed company boards involved in mergers and acquisitions. on September 26, 2008 go to [link]. Share and Enjoy:

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VC Adventure

OCTOBER 4, 2011

As part of the acquisition I’ll be joining the Federated Media board of directors (along with Federated founder, John Battelle, FM’s CEO Deanna Brown, FM’s early investor from Panorama Capital Chris Albinson and Fred Harmon of Oak Investment Partners, who led the large Federated financing in 2008).

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Denver Acquisition Channel Advertising 100

abovethecrowd.com

FEBRUARY 27, 2019

With the launch of Airbnb in 2008 and Uber (*) in 2009, these two companies established a new category of marketplaces known as the “sharing economy.” Airbnb was founded by Joe Gebbia and Brian Chesky in 2008. Benchmark is an investor in Rover through a merger with DogVacay in 2017). SHARING ECONOMY MARKETPLACES.

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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).

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Technical Review Technology North Carolina Switzerland 128

Jeff Hilimire

SEPTEMBER 27, 2013

Lest I bore you with the entire story, which you can read a lot of in this post , we ended up creating our company, NBN Designs, renaming it to Spunlogic, growing it to 75 people before selling it to Engauge in 2008, then both staying on at Engauge until we helped sell it to Publicis Group in 2013. And that was 15 years of our lives.

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Professor VC

JUNE 20, 2011

But of course, the model had us requiring only $10M equity to breakeven and to achieve $185M in revenues in 2008 (the magic Year 5 in all business plans). ► 2008. (14). The business model (OEM through broadband and home security companies for mass distribution) if not specific product functionality has remained largely the same.

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VC Adventure

OCTOBER 4, 2011

As part of the acquisition I’ll be joining the Federated Media board of directors (along with Federated founder, John Battelle, FM’s CEO Deanna Brown, FM’s early investor from Panorama Capital Chris Albinson and Fred Harmon of Oak Investment Partners, who led the large Federated financing in 2008).

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Denver Acquisition Channel Advertising 48

www.foliomag.com

JULY 31, 2012

2008 FOLIO Award Winners. Mergers and Acquisitions. FOLIO: Staff. --> Suppliers. Webinars Events. Industry Events. MediaNext 2012. E-Media Summit -->. 2010 Eddie and Ozzie Awards Call for Entries OPEN! 2009 Eddie and Ozzie Awards Winners. Digital Magazines. -->. AddThis Bookmark Button END -->. Consultants, Fulfillment. CRM Systems.

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Jason Ball

JANUARY 16, 2008

Fred summed it up well just before Christmas: funding in 2008 isn’t going to be the party its been over the past 2 years, so hold onto your hats. P.S. Bonus points for spotting Fred in a Darth Vader mask in 2008! – [Update 28 January 2008].

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Both Sides of the Table

JANUARY 31, 2010

The investors of our competitor agreed to a merger and we were going to raise $15 million between the two companies. Exercise hadn’t been enough of a priority in 2008-09. I had very little cash in the bank yet the stories were still coming out about how we were going to change the world of online engineering and construction.

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K9 Ventures

DECEMBER 9, 2008

I’ll try to list at least some of them here: Lack of IPO and M&A exits : Q2 2008 was the first quarter in 30 years in which not a single venture backed company exited via an IPO (see NY Times article ). Mergers and acquisitions have also been down, especially the large deals.

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aweissman.com

FEBRUARY 23, 2008

Feb 23, 2008. There is one way that a Microsoft - Yahoo merger makes very important sense, and that area has as its base email. February 23, 2008 7:38 PM. February 23, 2008 11:33 PM. February 24, 2008 3:02 PM. August 24, 2008 1:45 PM. skip to main | skip to sidebar. aweissman.com. Email, Microsoft, Yahoo.

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VC Cafe

NOVEMBER 3, 2010

The steel giant, which also invests in R&D through its privately held Postech university, considered one of Asia’s best technological institutes, first came to Israel in 2008 through the Korea-Israel Industrial Research and Development Foundation (KORIL). billion, of which $2.5 billion net profit.

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VC Cafe

NOVEMBER 9, 2011

October 2011 was the worst month for IPOs since 2008. Larry: After attending a recent VC congress in Israel, he found out that merger exits are not as profitable as IPOs in terms of building VC returns. Today, 4 of 6 exchanges associated with the NYSE Euronext are Asian, pointing out to the large opportunities in those markets.

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