Remove 2009 Remove Finance Remove Global Remove Valuation
article thumbnail

Praying to the God of Valuation

Both Sides of the Table

Something happened in the past 7 years in the startup and venture capital world that I hadn’t experienced since the late 90’s — we all began praying to the God of Valuation. And then in the late 90’s money crept in, swept in to town by public markets, instant wealth and an absurd sky-rocketing of valuations based on no reasonable metrics.

Valuation 466
article thumbnail

The Changing Structure of the VC Industry

Both Sides of the Table

We are in a bubble (with so many private $1bn+ valuations). pre-money valuation you certainly would want to exercise your right to continue investing if you had prorata rights. The “big boom” in startup financing started around March 2009?—?more Where are we today? .” more than 5 years ago?—?and and hasn’t abated.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Uber is The Revenge of the Founders

Steve Blank

But the majority of technology companies that went public circa 1979-2009, with professional VCs as their investors, faced this challenge. A 20th century VC was likely to have an MBA or finance background. This allows founder(s) to sell part of their stock (~10 to 33%) in a future round of financing.

Founder 269
article thumbnail

Understanding Virtual Data Rooms And Their Significance Today

YoungUpstarts

A 2012 study done by IBISWorld revealed that VDRs experienced a steady growth of about 17 percent annually as a result of technological advancements as well as the growth of global demand for these storage services. The switch from PDRs to VDRs resulted in deal cycles and increased valuations. percent between 2009 and 2014.

article thumbnail

Stock Market Drops. Then It Rallies. What Happens Next for Funding?

Both Sides of the Table

Valuations were enormous relative to progress in companies. Companies with less than $2 million in revenue were asking for $50-60 million valuations and getting them. I spent my days meeting companies, figuring out what areas of the market interested me and trying to get a sense for how VCs thought about fair valuations.

Stock 305
article thumbnail

Does Fintech Disruption Break The Investment Banking Model?

YoungUpstarts

PC and mobile interfaces dynamically display portfolio valuations and exposures, along with system-generated investment recommendations tailored to a specific client’s financial goals and risk appetite. Another fund preparing to launch, Global Public Offering Fund, in a piece from CNBC.com last month boldly proclaimed that “the U.S.

article thumbnail

Convertible Equity, A Better Alternative To Convertible Debt?

techcrunch.com

As a refresher, a convertible note is a loan that automatically converts into equity upon the closing of a Series A round of financing. Sometimes these loans have a valuation cap and/or a discount. The point, he says, is to avoid time-consuming valuation negotiations and allowing a variable amount of capital to be raised.

Equity 87