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Strangling Innovation: Tesla versus “Rent Seekers”

Steve Blank

The bill came due two decades later as the American auto industry spiraled into bankruptcy and its market share plummeted from 75% in 1981 to 45% in 2012. This is the same approach that allowed Amazon to ignore local sales taxes for the last two decades. Innovation in the Auto Industry.

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Target Future Customers Using Financial Metrics

The Startup Magazine

After failing to complete adequate due diligence before acquiring Autonomy in 2012, they ended up with losses of around $5 billion. This could include things like bankruptcies, judgments and liens, and should be looked into very carefully. Companies can be filtered by sales turnover to ensure relevant prospects.

Metrics 61
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Strangling Innovation: Tesla versus “Rent Seekers”

Steve Blank

The bill came due two decades later as the American auto industry spiraled into bankruptcy and its market share plummeted from 75% in 1981 to 45% in 2012. This is the same approach that allowed Amazon to ignore local sales taxes for the last two decades. Innovation in the Auto Industry.

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Convertible Debt: Worst Form Of Seed Financing — Except For All The Others

Gust

Angel investors don’t expect to get repaid, nor do they really want to get repaid; the return on their investment, if the startup proves a success, will come in conversion to equity followed by an eventual liquidity event (sale or IPO of the company), with a return of at least 5x or 10x the initial investment if all goes well.

Finance 134
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ProfessorVC: Why I Hate Convertible Debt.Let Me Count the Ways

Professor VC

Others will attempt fire sales. Many others may end up filing for bankruptcy or doing an assignment for the benefit of creditors (ABC). ► 2012. (1). Even the ones that do get to cash flow breakeven, will not likely be in a position where they could pay back the debt. So what happens to these companies? Anonymous said.

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In Silicon Valley, Founders Fight for Control

online.wsj.com

Updated July 10, 2012, 7:57 p.m. About 14% of the technology firms that have held initial public offerings between January 2011 and the end of June 2012 went public with at least two share classes—more than twice the 6.4% million products as of June, and this year expects to do $140 million in sales. TECHNOLOGY.

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Cracking The Code: The Bessemer 10 laws of SaaS - Fall 2008.

Cracking the Code

Only after reaching $1M in CMRR should you consider hiring European sales and services execs behind customer demand. Be prepared to cross the desert - SaaS requires R&D and sales expense up front for a multi-year stream of revenue, so it demands enough investment capital to fund 4+ years of runway. Posted by Philippe Botteri.