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WP Engine passes $100M in revenue and secures $250M investment from Silver Lake

A Smart Bear: Startups and Marketing for Geeks

Late last year we passed $100M in annual recurring revenue. That revenue is in on 75,000 customers, earned through the hard work of 500 employees across six offices on three continents. The next sale isn’t quite as sweet.). We just announced a few more things. It’s the heroin-hit that hooks the entrepreneur. (The

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Turn Small Business Saturday Traffic Into Future Sales: Five Ways The Right CRM Can Help

YoungUpstarts

The holidays are just around the corner and for many small or midsized businesses (SMBs) that means the potential for big sales. These numbers are astounding—and what would be even better is if you could turn Small Business Saturday traffic into consistent sales all year. by John Oechsle, President and CEO of Swiftpage. Not an island.

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Who are the Major Revenue-Based Investing VCs?

David Teten

So you’re interested in raising capital from a Revenue-Based Investor VC. A new wave of Revenue-Based Investors (“RBI”) are emerging. For background, see Revenue-Based Investing: A New Option for Founders who Care About Control. Rational burn profile, up to 50% of revenue at close, scaling down. Bigfoot Capital.

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The Difference Between Apple & Facebook ? AGILEVC

Agile VC

June 5, 2012. Both companies generate direct revenue from their platform in the form of a revenue share / platform tax (typically 30%) on software and digital goods sold through the respective platforms. Apple generated nearly $130B in revenue in 2011. How to Evaluate Firms for a Seed VC. How To Think About The Future.

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

by Michael Woolf that is worth any startup founder reading to get a sense of perspective on the reality warp that is startup world during a frothy market such as 1997-1999, 2005-2007 or 2012-2014. So if your costs are $500,000 per month and you have $350,000 per month in revenue then your net burn (500-350) is equal to $150,000.

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The Lodging And Travel Industries Will Reckon With A Multi-Year COVID-19 Event Horizon: 2021 Lodging Trends & Predictions

YoungUpstarts

is showing a 50 percent decline year-over-year in digital travel sales, which are not expected to bounce back to pre-pandemic levels until 2022. Pamela Knudsen is Director of Compliance at Avalara MyLodgeTax , leading the Lodging tax team and Returns Experience/Reconciliation team for Sales & Use. Pam joined Avalara in 2012.

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How to Use Social Media To Drive Sales

ConversionXL

eCommerce sales during the last Black Friday topped $1 billion for the first time in history. On average, during Black Friday 2012, social traffic converted 77% higher than normal. For Facebook average order value was $74 with 76% of total social sales and 69% of total clicks. Black Friday data. Numbers in perspective.