VC Cafe

APRIL 29, 2020

Source: NVCA , “Startup Ecosystem Faces Capital Crunch over Coming Months” USA – SBA Loans and PPP. The $349 billion aid package issued by the US Government and distributed in the form of SBA loans was quickly gobbled up by a large number of applications, many of which were from venture-backed or PE-backed startups.

SBA 124

SBA Technical Review Startup 124

Cracking the Code

MARCH 28, 2022

One of the 2020 giants also left this select club: Zoom, which was impacted by the failed acquisition of Five9 and people’s gradual return to offices. While the average forward revenue multiple has declined slightly since its February 2020 peak (19x), it’s still higher today than last year at 17x vs 15.8x in Sept 2020.

Global 62

Global Europe Software Review 62

View from Seed

SEPTEMBER 14, 2021

That’s a bit of a cautionary tale to VC investors today who might think it’s inevitable that the private value they are enjoying in their portfolios will certainly translate to distributions in the near future. Was this a lost decade for venture capital? The power-law curve is when the distribution of returns is heavily skewed.

Valuation 319

Valuation Pre-Money Valuation Distribution Early Stage 319

View from Seed

SEPTEMBER 14, 2021

That’s a bit of a cautionary tale to VC investors today who might think it’s inevitable that the private value they are enjoying in their portfolios will certainly translate to distributions in the near future. Was this a lost decade for venture capital? The power-law curve is when the distribution of returns is heavily skewed.

Valuation 295

Valuation Pre-Money Valuation Distribution Early Stage 295

Cracking the Code

OCTOBER 13, 2020

The 2020 Accel Euroscape was unveiled earlier today at SaaStockEMEA. 2020 Cloud Market: Is The Sky the Limit? While the number of IPOs in 2020 is close to 2019, the average valuation has doubled compared to last year, driven in particular by the massive IPO of Snowflake, which reached a $70 billion market cap on its first trading day.

Europe 71

Europe Cloud Silicon Valley 71

abovethecrowd.com

FEBRUARY 27, 2019

Unfortunately, either information asymmetry or physical distances and the resulting distribution costs can both cut against the economic advantages that would otherwise arise for all. In many cases, a deeper focus on a particular category or vertical allows these marketplaces to distinguish themselves from broader marketplaces like eBay.

Internet 88

Internet Matching Vertical Hosting 88

View from Seed

SEPTEMBER 14, 2021

That’s a bit of a cautionary tale to VC investors today who might think it’s inevitable that the private value they are enjoying in their portfolios will certainly translate to distributions in the near future. Was this a lost decade for venture capital? The power-law curve is when the distribution of returns is heavily skewed.

Valuation 156

Valuation Pre-Money Valuation Distribution Early Stage 156