Both Sides of the Table

SEPTEMBER 29, 2009

I would argue that the shut-down of September 2009 was equally severe yet there are signs that this “VC Ice Age” has begun to thaw. It helped me avoid chasing deals (and a house) in 2007/08 and it led to GRP’s fastest pace of investment in many years in the first three quarters of 2009 at a time when many others weren’t investing.

Burn Rate 263

Burn Rate Valuation Pre-Money Valuation Private Equity 263

rapidrollout.wordpress.com

JANUARY 15, 2011

He or she might call himself a “consulting CTO,&# “freelance CTO,&# “on-demand CTO,&# “CTO on call,&# “CTO for hire,&# or just a “technology strategy advisor.&# Most likely, this is a person who is a serial entrepreneur and was the chief technology officer for two or more web startups.

Fractional CTO 40

Fractional CTO CTO CTO Hire Fractional VPE 40

Altgate

DECEMBER 15, 2010

The first chart shows the average pre-money valuation for the first round of US technology companies founded in the last 5 years, provided said round was between one and two million dollars. Is the dilution of co-founders counterbalanced by other factors? Is it worth it or not? Bookmark the permalink.

Pre-Money Valuation 66

Pre-Money Valuation Valuation Cofounder Founder 66

Steve Blank

APRIL 12, 2013

The first post described how China built a science and technology infrastructure to support advanced weapons systems development. The first wave of startups began when R&D centers and universities began to provide the technology and seed capital for new startups that were spin-outs or spin-offs. Like the U.S.

Venture Capital 271

Venture Capital China Offshore SBIR 271

Cracking the Code

MARCH 12, 2010

So, here is the first edition, including the recent Q4 2009 earnings and the updated 2010 forecast. However, despite healthy Q4 results (most companies were at or above plans) few have increased their 2010 guidance and the median moved only from 15% (same as 2009) to 17%.

Software Review 63

Software Review Technical Review Cloud Forecast 63

ReadWriteStart

DECEMBER 29, 2010

To my surprise, the ideas and technology behind that startups were not superior to the ones we have in Finland. Unsurprisingly, this seems to weed out the less passionate people, while encouraging others to put in sweat equity in their own ideas. Access to Finance. This is something I feel we Europeans aren’t very good at.

Silicon Valley 156

Silicon Valley Finland Sweat Equity Entrepreneur 156

Steve Blank

APRIL 12, 2013

The first post described how China built a science and technology infrastructure to support advanced weapons systems development. The first wave of startups began when R&D centers and universities began to provide the technology and seed capital for new startups that were spin-outs or spin-offs. Like the U.S.

Venture Capital 163

Venture Capital China Offshore SBIR 163

The Startup Magazine

NOVEMBER 13, 2018

He invested in a new division in his company in 2009 and has expanded significantly since then. Zhitao runs Hangzhou Liaison Interactive, which is a Chinese technology-based company founded in July 2002. He started it in 2009 with 10 employees and sold it to Susino Umbrella in 2014. Today, Flipkart is worth $2.8

Cofounder 140

Cofounder Venture Capital India Valuation 140

Startup Company Lawyer

MAY 4, 2009

TechCrunch initially reported on the Founder Institute in March 2009. Founders are not expected to quit their day jobs to participate in the program, which starts on May 19, 2009 and ends on September 8, 2009. Applications are due by May 10, 2009. May 19th, 2009: Identify a vision for your business. Basic Research.

Founder 28

Founder Warrant San Francisco Intellectual Property 28

Startup Lessons Learned

JUNE 22, 2020

Many of the most successful companies in Silicon Valley were formed in the depths of the Great Recession: Slack, Uber, WhatsApp, Venmo and Square all launched in 2009. That trend is exacerbated in a recession as day traders and hedge fund activists rush in to buy up equities from a market in free fall. That isn’t a coincidence.

Silicon Valley 60

Silicon Valley Equity Stock Finance 60

500hats.com

AUGUST 2, 2012

Or, as my friend Marc Andreessen might say, Software Eats the Private Equity World. First Round became a very active investor in consumer internet and e-commerce, on a rather lean investment budget, with several notable exits (including Mint.com to Intuit in 2009 for $170M). Ok, let’s dive in and discuss in more detail.

Silicon Valley 74

Silicon Valley Early Stage Venture Capital Valuation 74

David Teten

APRIL 1, 2011

I hope that you can join us Monday night, April 4, midtown NYC, at a panel on “Innovation in Private Company Liquidity-Online Merger Markets, Social Media, Secondary Markets, Non-US Markets, Private Equity, and the Disappearing IPO” The program is sponsored by the HBS Club of New York and the HBS Angels of NY.

Private Equity 68

Private Equity Merger IPO Equity 68

Both Sides of the Table

APRIL 25, 2011

It’s nearly impossible to get a services company financed by VCs. They have created two internal technology “products&# and wanted to figure out how they could turn their services business into a product business that could be financed. You’re a small fish. This team is talented. They wanted advice.

Silicon Valley 332

Silicon Valley IP Dividend Finance 332

Austin Startup

AUGUST 20, 2017

They’re looking to be paid properly in the context of the overall salary structure, including cash, benefits, and equity, and to be paid commensurate with performance. Messy cap tables can come back to haunt you when you do a financing or sell the company. What will most upset them is what they perceive as unfair treatment.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

Growthink Blog

JUNE 25, 2014

As detailed last week , since March 2009 the S&P index has almost tripled, while real estate prices are up 10.5% Political instability, corruption, immature financial systems and securities laws close off private equity-type investments close to home. And if so, when and how it will burst. To Your Success, read more.

South America 81

South America Marketing Private Equity Russia 81

www.huffingtonpost.com

MAY 10, 2011

I liked Yishan too (he has an incredible balance of technical acumen, managerial talent and emotional intelligence), felt that he would have the time to help me, and persuaded him to take on a 3-month part-time assignment to advise me on building our engineering team, in exchange for equity. Culture - a fun, collegial work atmosphere.

CTO 43

CTO CTO Hire PHP Cofounder 43

K9 Ventures

OCTOBER 10, 2017

This post is intended to be a dynamic document, and I will attempt to update it from time to time with new questions that may arise or as financing trends evolve. It is what Seed used to be from 2009-2013, until the Seed rounds got fat and bloated and the bar for raising a Seed round became a lot higher. Q: Define Pre-Seed?

Seed Stage 82

Seed Stage Finance Later Stage Equity 82

Growthink Blog

JUNE 18, 2014

And for those that can still remember the 2008 talk of Doomsday and of the collapse of our financial system, it is heartening to note that the S&P is up an amazing 189% since its March 2009 nadir. Almost every day comes barely able to believe valuations on technology company financings, acquisitions, and public offerings.

Accredited Investor 78

Accredited Investor Private Equity United States Valuation 78

SoCal CTO

DECEMBER 1, 2010

I continue to collect great content that is the intersection of startups, products, online and technology. Equity-Only CTO and Equity-Only Developers - SoCal CTO , November 1, 2010 I had a recent email dialog with the founder of a company looking for a CTO for their startup. Finance, IT, Legal). But I don’t think so.

Technical Review 175

Technical Review Technology Product CTO Hire 175

Both Sides of the Table

MAY 15, 2010

Clearly a startup should consult its lawyer before filing or not filing.But the attorneys I relied on to write this piece told me that they’ve done lots of Section 4(2) deals in the past, and would recommend it to clients who had relatively simple financing agreements (not tranched-out, not too many investors, etc.) Short answer: no.

Stealth 285

Stealth SEC Advertising Accredited Investor 285

Professor VC

NOVEMBER 19, 2009

Thursday, November 19, 2009. And now I know exactly where I want to spend my time" "This internship truly provide me an entry point into the private equity world. November 19, 2009 8:17 PM. November 20, 2009 8:26 AM. November 21, 2009 6:58 PM. December 29, 2009 9:11 AM. ProfessorVC. Steve Bennet.

San Jose 43

San Jose Silicon Valley Las Vegas Venture Capital 43

Professor VC

JANUARY 27, 2011

I strongly believe (at least for very early stage technology ventures) that you will get diminishing returns and arguably negative returns once you get past an initial threshold of team, product, market and financial diligence. ► 2009. (7). I also teach Entrepreneurial Finance at San Jose State. 2 comments: barbara.

Technical Review 31

Technical Review Due Diligence Silicon Valley San Jose 31

Growthink Blog

JANUARY 7, 2015

Technology Leads the World. And from this human capital new technologies and new companies are born. trillion in 2013, both a new record and up more than $700 billion since 2009. private equity firms and $515 billion on the balance sheets of leading tech. companies continue to lead the way. And new wealth created.

Balance Sheet 48

Balance Sheet Private Equity Venture Capital .Net 48

Growthink Blog

FEBRUARY 8, 2010

Over $135 billion MORE was spent on healthcare in 2009 ($2.5 in 2009 was greater than the revenues of Microsoft, Cisco, Google, and Apple. Billion Business One we love and you should too is Healthcare Information Technology (HIT) - a $25.5 trillion) than in 2008. Healthcare IT - A $25.5

Hockey Stick 72

Hockey Stick Private Equity Washington Government 72

cdixon.org

SEPTEMBER 17, 2011

Interesting idea, but what happens when you share your idea with, say, a candidate for head of all your back-end and technology, don’t bring him in as part of the team, and then he goes out, takes the entire idea (including pitch details), and starts a competitor? link] Finance Geek » Mistakes that startups make. [.] Watson. [.]

Stealth 68

Stealth Startup NDA Cofounder 68

Growthink Blog

APRIL 25, 2011

On Friday Silicon Valley Bank released a survey of 375 executives at startup technology companies in the 4 core venture capital investment sectors – Software/Internet, Hardware, Life Science, and Cleantech. The top challenge listed across all respondents was access to financing. Here is what they found: Tech. Are Bullish.

Silicon Valley 69

Silicon Valley Ratchet Private Equity Startup 69

SoCal CTO

SEPTEMBER 8, 2010

August was a slow month in terms of traffic and I was away for a lot of the month, but there were some really great posts at the intersection of startups, technology, product and being a Startup CTO. Dec 26, 2009). equity debate. m the f%*kin’ boss.”. More tiers = more complication = more confusion. Why do startups?

Startup 191

Startup CTO Hire Cofounder Venture Capital 191

Up and Running

JULY 29, 2015

Kickstarter is the most popular crowdfunding site out there; since its inception in 2009, the site has raised $1.7 Equity Crowdfunding. Equity crowdfunding takes the crowdfunding process to the next level. These sites function a lot like the sites listed above, but investors get equity in your startup. Kickstarter.

Angel Investor 60

Angel Investor Equity Small Business Delaware 60

Cracking the Code

JANUARY 22, 2009

Thursday, January 22, 2009. If you assume a 20% cost of capital (typical for equity, debt is generally cheaper), then getting an upfront payment for one additional year on a $10k MRR contract saves you $24k. ▼ 2009. (9). Best Venture and Technology Podcasts for 2007. Yahoo Finance. Cracking The Code.

Software Review 91

Software Review Clawback Sales Salary 91

Hearpreneur

OCTOBER 30, 2015

I was proud of my performance and our rocket ship trajectory, but internal politics and personalities led to a division between the owner, me and a third equity partner. I started on a journey of self-discovery in 2009 when my marriage of 13 years took a turn in an unlikely direction. In 18 months, we grew from $0 to $3M.

Entrepreneur 48

Entrepreneur Australia Software Review LLC 48

www.readwriteweb.com

OCTOBER 7, 2007

But when done well it can really help get a company going fast, professionally and without the founders having to give up much (if any) equity - or bankrupting themselves. The founders may believe they are onto such a good idea that they don’t want to give up any equity. To keep the equity we out-sourced.

Bootstrapping 41

Bootstrapping Offshore Startup EC2 41

blog.captainrecruiter.com

MARCH 8, 2012

These professionals can help with anything from finance to marketing, but you wont find any software engineers volunteering their services. Im trying to create a technology enabled recruiting service for an unproven business model. It's not a question of me being unwilling to work for equity -- I am. ► 2009. (78).

Cofounder 40

Cofounder Technical Cofounder Founder Software Engineering 40

Reid Hoffman

JULY 27, 2021

As opposed to taking a potentially smart risk on equity). The Harvard Business School’s business plan competition has been running since 1998; the only competition winner that has achieved any sustained success is Cloudflare (2009). In particular, Bill Sahlman’s Entrepreneurial Finance course was excellent.

Silicon Valley 69

Silicon Valley Venture Capital Balance Sheet Cofounder 69

Reid Hoffman

JULY 27, 2021

As opposed to taking a potentially smart risk on equity). The Harvard Business School’s business plan competition has been running since 1998; the only competition winner that has achieved any sustained success is Cloudflare (2009). In particular, Bill Sahlman’s Entrepreneurial Finance course was excellent.

Silicon Valley 69

Silicon Valley Venture Capital Balance Sheet Cofounder 69

Pascal's View

APRIL 19, 2009

mso-bidi-font-family:Arial">   mso-bidi-font-family:Arial"> The Q1 2009 venture capital investment statistics. new capital formation from venture-backed companies because capital normally dedicated to long-term risk has been severely drained from our equity markets—both public and private. Financings. Financings.

Venture Capital 31

Venture Capital Early Stage Washington California 31

venturehacks.com

FEBRUARY 24, 2010

SUPPORTED BY Products Archives @venturehacks Books AngelList About RSS How to pick a co-founder by Naval Ravikant on November 12th, 2009 Update : Also see our 40-minute interview on this topic. Learn more about: Founders 40 responses so far · Comments RSS # scott edward walker · Nov 12, 2009 Great post. Date first.

Cofounder 101

Cofounder Founder Technical Cofounder Technical Review 101

Startup Lessons Learned

MAY 25, 2020

28:12) The pandemic as a moment to invest in people and technology, have a plan and execute. And then from there, I was running a fitness company on the west coast by the name of 24 Hour Fitness, which was private equity backed and quite a bit of debt. It became brand building and culture building moment for the company. (21:41)

Technical Review 148

Technical Review Balance Sheet Texas Austin 148