Both Sides of the Table

DECEMBER 11, 2022

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

Valuation San Francisco Ratchet Liquidation Preference 466

Both Sides of the Table

SEPTEMBER 15, 2022

We drew this conclusion after a meeting we had with Morgan Stanley where they showed us historical 15 & 20 year valuation trends and we all discussed what we thought this meant. But rest assured valuations get reset. When you look at how much median valuations were driven up in the past 5 years alone it’s bananas.

Technical Review 416

Technical Review Pre-Money Valuation San Francisco Valuation 416

Both Sides of the Table

NOVEMBER 14, 2017

At MakeSpace we had to build complex models to tell us how our pricing and conversion compared down to the neighborhood level. No prizes for guessing what some of MakeSpace’s innovations will be in 2018 and 2019. Summary Startups are fun and exhilarating and filled with challenging problems to solve.

Operations 286

Operations New York City Technical Review Startup 286

Feld Thoughts

JULY 9, 2019

When I was in Boston a while ago (it was very cold, so it must have been January), I had a wide-ranging conversation with Eric Paley. One of our conversational threads was about how to value companies. One of our conversational threads was about how to value companies. Isn’t accounting fun?

Revenue 179

Revenue Valuation .Net IPO 179

David Teten

JULY 23, 2019

– 1 sentence with most exciting metric from their growth. – Ideally revenues and other financial metrics if we can include that. – Fundraising history summary, including notable current investors and last round valuation. . name], I enjoyed our conversation. – Headquarters city .

Portfolio 60

Portfolio Elevator Pitch Syndicate Syndication 60

Haystack

DECEMBER 26, 2018

” “Multiples and valuations are out of control!” ” Pick your favorite doomsday one-liner, and it’s likely to fit the conversation. Maybe it will be 2019, or 2020 — or even 2021. ” “Most of the country doesn’t have any savings!” I am expecting a downturn at some point.

IPO 76

IPO Private Equity Valuation Acquisition 76

ReadWriteStart

AUGUST 26, 2022

We’ll have a fun conversation over the next 40-45 minutes. We led the investment in a new bank, their Series F, in 2019. Do you have other efficiency metrics that you look at when you evaluate businesses to check the quality of growth and the quality of the revenues? . That’s a valuation number and pricing number.

Partner 132

Partner Cofounder Retention Acquisition 132