article thumbnail

The top 10 companies investing billions in the Metaverse

VC Cafe

billion revenue in 2021 for Epic Games and was played by 83.3 The NFTs are owned by celebrities, tech execs and investors, and the NFT owners own 100% of the IP on their Apes and are able to generate derivative income from creating products bearing the apes picture: music, fashion, food/drink etc. Fortnite generated $5.8

IP 206
article thumbnail

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.

Burn Rate 383
Insiders

Sign Up for our Newsletter

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

article thumbnail

Don’t Sleep on Lightning

Version One Ventures

Given these key advantages, I believe that Lightning (or something like it) will ultimately eat all of the USD payment networks and create the foundation for MoIP (Money over IP). . And >40% of that revenue is coming from in-game purchases. The app could then take a small % of all revenue from “paid” messages.

article thumbnail

Spectacles and $SNAP’s $20B Valuation

Austin Startup

Revenue needs to grow 20x, and margins must expand dramatically. I won’t dive into cost structure in this blog post, but let’s think through how Snap could grow revenue 20x. I won’t dive into cost structure in this blog post, but let’s think through how Snap could grow revenue 20x. It’s up from 40 minutes in July 2014.

article thumbnail

What Should You Do with Your Crappy Little Services Business?

Both Sides of the Table

A great recent example of this was a successful group of entrepreneurs who had created a company that will do $10-12 million in revenue at their system integration business (read: services business) in 2011 after having done $5 million or so in 2010 and $2-3 million in 2009. You own the IP you create.

article thumbnail

10 Incredible Mobile Marketing Statistics Every Entrepreneur Must Know

Growthink Blog

And I was one of the early adapters of Voice Over IP. REVENUES & RESULTS 8. billion in 2014 and will generate $35 billion in sales. And mobile applications will continue to explode, and are not only a way for you to stay in front of customers, but they could be a huge revenue source for your company. read more.

Mobile 118
article thumbnail

30 Machine Intelligence Startups to Watch in Israel

VC Cafe

Anodot (2014) – a real-time analytics and automated anomaly detection system that discovers outliers in vast amounts of data. Fraugster (2014) – Technically based in Berlin, the company uses AI to predict malicious attacks before they happen. Logz.io (2014) – Logz.io Raised $8M in series B in September 2016.