Steve Blank

OCTOBER 24, 2016

The launch of the Xbox and Kinect, and the acquisitions of Skype and Yammer happened on his shift. If the Microsoft board was managing for quarter to quarter or even year to year revenue growth, Ballmer was as good as it gets as a CEO. Between 2001 to 2008, Jobs reinvented the company three times.

Azure 120

Azure Business Model Cloud Artificial Inteligence 120

Steve Blank

OCTOBER 24, 2016

The launch of the Xbox and Kinect, and the acquisitions of Skype and Yammer happened on his shift. If the Microsoft board was managing for quarter to quarter or even year to year revenue growth, Ballmer was as good as it gets as a CEO. Between 2001 to 2008, Jobs reinvented the company three times.

Azure 120

Azure Business Model Cloud Artificial Inteligence 120

Steve Blank

APRIL 23, 2018

The entrepreneur who founded and grew the largest startup in the world to $10 billion in revenue and got fired is someone you have probably never heard of. Each of these GM divisions focused on its own day-to-day operations with each division general manager responsible for the division’s profit and loss. But not for Durant.

Michigan 275

Michigan Cofounder Stock Forecast 275

Agile VC

APRIL 17, 2011

Now that Google’s acquisition of ITA is closed, following lenghty FTC review, it would appear Kayak is poised to proceed with their IPO in the coming months. =. Financial Snapshot: 2010 Revenue: $170 million. Revenue growth: 51% YoY (2010), 1% YoY (2009), 131% YoY (2008). 2010 Operating Income: $16 million.

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

David Teten

JANUARY 19, 2021

More and more startups are pursuing Revenue-Based VCs , but “RBI” doesn’t fit everyone. Flexible VC 101: Equity Meets Revenue Share. By tying payments to actual revenues, founders and investors remain aligned around the company’s real-time performance, good or bad. Of the Inc. 5000 companies, only 6.5% raised from angels.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

View from Seed

SEPTEMBER 4, 2018

Amidst the rise of new funds, new technologies, and potentially disruptive late stage players, I thought it was important to share what we consider to be our core operating principles here at NextView. . We see innovation becoming more broadly distributed over time, and outlier companies being built in more and more places.

North America 120

North America Seed Stage Early Stage Lead Investor 120

ReadWriteStart

JULY 17, 2023

The acquisition will help Sheela Foam enter the fast-growing branded furniture market and expand its presence in the furniture industry. Furlenco is a Bengaluru-based furniture and appliance rental service that operates in more than a dozen cities across India. The deal, proposed at $36.5 million, has valued Furlenco at about $104.3

India 104

India Acquisition Merger Curation 104

Up and Running

OCTOBER 7, 2019

This metric helps determine how much cash you need for operation and expansion. Revenue growth rate: measures the month-over-month percentage increase in revenue and is the most common and important metric for startups. Revenue and wins by type: compare revenue and wins among existing and new businesses.

Founder 71

Founder Retention Metrics Technical Review 71

Startup Professionals Musings

JULY 13, 2019

Every business needs revenue to provide investor returns and offset costs. Free” is not an attractive revenue model to investors. Popular revenue models today include recurring subscription charges, licensing, as well the traditional sale or lease model. Key resources. Key partners. No startup or entrepreneur is an island.

Intellectual Property 250

Intellectual Property Business Model Angel Investor Channel 250

View from Seed

JANUARY 24, 2018

We’re calling them NextView Operator Guilds. . The concept our Guilds is simple: We want to bring together small groups of Product and Go-to-Market experts to lend their time to support our portfolio company founders and key operators. Back to Top). She holds a degree in Psychology from Harvard University. Back to Top).

Operations 176

Operations Cofounder Technical Review Angel Investor 176

Up and Running

MARCH 9, 2022

Everyday business events such as expansion projects, acquisitions, low cash on hand, increased fixed expenses, increased borrowing, and even an increase in sales can be signs that it’s time to reevaluate your business risk. Operating leverage effect (OLE) ratio. OLE ratio = contribution margin ratio/operating margin.

Equity 136

Equity .Net Balance Sheet Operations 136

Both Sides of the Table

SEPTEMBER 15, 2013

Maker announced it has raised $62 million this year, acquired an amazing off-YouTube distribution network and grown its business in monetary terms by almost 300% year-over-year off of an already large base. but not that this justifies take a 45% revenue share. This revenue share comes after the YouTube split.

Networking 366

Networking Media Distribution Video 366

Steve Blank

SEPTEMBER 14, 2009

Five Quarters of Profitability During the 1980’s and through the mid 1990’s startups going public had to do something that most companies today never heard of – they had to show a track record of increasing revenue and consistent profitability. There was now a public market for companies with no revenue, no profit and big claims.

Silicon Valley 223

Silicon Valley IPO Technical Review Venture Capital 223

ConversionXL

MARCH 19, 2020

The HBR study contrasts Office Depot and Staples during the 2000 recession: Office Depot cut 6% of its workforce, but it couldn’t reduce operating costs significantly. At the same time, the company contained its operating costs and came out of the recession stronger, bigger, and more profitable than it had been in 1999. Image source ).

Marketing 121

Marketing Campaign Non-Compete Lean 121

Steve Blank

NOVEMBER 16, 2009

In it, I got asked a question I often hear: “What if we have a web-based business that doesn’t have revenue or paying customers? And without revenue how do we know if we achieved product/market fit to exit Customer Validation?” They’re putting money into web services/business – most without early revenue. End of theory.&#

Customer Development 223

Customer Development Web Developer Customer 223

Austin Startup

OCTOBER 15, 2017

What seems to be the best way to create customers and revenue may result in a business model that is out of vogue with the investment world and shortchanges you on enterprise valuation. If you bill for your technology services on a percentage of ad spend, you are guaranteed to look like an agency that deserves a revenue multiple of 1–2X.

Technical Review 48

Technical Review Software Review Nevada Silicon Valley 48

Transformify

APRIL 21, 2017

We have arguably the largest distributed workforce in the world. Finance was a logical expansion for us, though coming across the right acquisition while having it on our strategic roadmap accelerated the launch. That’s Toptal in a nutshell -- the best talent, from all over the world, accessible and ready to work.

Technical Review 40

Technical Review Silicon Valley Software Review Cofounder 40

Both Sides of the Table

JUNE 17, 2017

70–80% of the costs of most startups are employee costs so what you’re really talking about when a company is unprofitable is that they are growing their staff ahead of their revenue. Revenue When I look at an income statement I start by focusing on the revenue line. You need to understand the “quality” of the revenue.

Stock Options 227

Stock Options Startup Dilution Venture Capital 227

Both Sides of the Table

JANUARY 19, 2015

YouTube takes too high of a revenue split (45% vs. 30% that Apple and many other distribution companies take – FWIW, YouTube argues this is because their costs are much higher since they host and stream the video). Notably I said: You have to have owned & operated websites (O&O) to drive traffic to. post-script.

SEM 150

SEM Los Angeles Silicon Valley Acquisition 150

ConversionXL

MAY 1, 2017

Reporting in the Harvard Business Review on a major study of growth stalls they conducted, Olson and his colleagues cite the case of the iconic brand Levi Strauss, which hit a historic high mark of sales in 1995, reaching revenue of $7 billion, but then, starting in 1996, saw a decline in sales so precipitous that by 2000, revenue was down to $4.6

Technical Review 127

Technical Review Algorithm Channel Analytics 127

Startup Professionals Musings

JULY 9, 2017

Every business needs revenue to provide investor returns and offset costs. Free” is not an attractive revenue model to investors. Popular revenue models today include recurring subscription charges, licensing, as well the traditional sale or lease model. Key resources. Key partners. No startup or entrepreneur is an island.

Business Model 143

Business Model Intellectual Property Startup Angel Investor 143

ConversionXL

DECEMBER 7, 2017

That latter term is used to describe an initial offer that generates enough revenue to offset the cost of acquiring a customer. And once I took customer acquisition costs into account, this segment was unprofitable and negative-LTV. of our total sessions, still contributed 43% of the revenue during this period. Whales rock.

Bankruptcy 106

Bankruptcy Marketing Campaign Intellectual Property 106

The Startup Magazine

OCTOBER 13, 2019

Smaller companies with hotter brands can make for great acquisitions. Distribution & Customers. Acquiring revenues can be very important. It can be a way to turn a company profitable, conduct a roll-up for a larger acquisition, and appease investors. . Think about a Google or Apple acquisition of Tesla.

Intellectual Property 102

Intellectual Property IP Acquisition Startup 102

Steve Blank

MARCH 18, 2011

VC’s worked with entrepreneurs to build profitable and scalable businesses, with increasing revenue and consistent profitability – quarter after quarter. There was no repeatable methodology, startups and their VC’s still operated like startups were simply a smaller version of a large company. 1970 – 1995: The Golden Age.

Internet 334

Internet IPO Silicon Valley Agile 334

ReadWriteStart

DECEMBER 31, 2013

Snapchat may be a company with no revenue and an unrealistic valuation, but it is changing the way people think of messaging. The custom Android ROM company that has found favor with hackers and hobbyists is looking to become the next mobile operating system. Or it could be the next Facebook. Time will tell. CyanogenMod.

Startup 60

Startup Cofounder San Francisco Software Review 60

Duct Tape Marketing

AUGUST 23, 2023

Lloyed explores the intricate art of harnessing the community’s strength as your ultimate acquisition channe l, brand differentiator, feedback source, retention lever, and catalyst for transformative change. I asked their chief revenue officer, how do you do attribution on this community? He's like, I can't, don't care.

Community 54

Community Kuwait Cofounder Bootstrapping 54

Seeing Both Sides

JULY 11, 2013

B2C sales and customer acquisition efforts are a different matter (and one I''ll perhaps address in a future blog), but for B2B, those three models are the most common pattern. customer acquisition cost or CAC). To that point, a well-run telesales operation will be super metrics-driven. I''ll discuss each one below.

Sales 50

Sales Technical Review Software Review B2B 50

Both Sides of the Table

JUNE 20, 2014

I have been saying privately for years now that I believe online video will evolve into fragmented distribution (my next online video post) and vertical production. Nobody has figured this out better than AwesomenessTV who not only has built an enormous online media presence but also packages and distributes shows for Nickelodeon.

South America 291

South America Colombia Mexico Vertical 291

Rob Go

SEPTEMBER 4, 2018

Amidst the rise of new funds, new technologies, and potentially disruptive late stage players, I thought it was important to share what we consider to be our core operating principles here at NextView. . We see innovation becoming more broadly distributed over time, and outlier companies being built in more and more places.

North America 36

North America Seed Stage Early Stage Lead Investor 36

Up and Running

JANUARY 5, 2018

acquisition of Jet.com in August 2016 transformed the company beyond the addition of the Jet platform. Jet.com founder Marc Lore ascended to CEO of Walmart’s US e-commerce operations, and since joining has taken the company on an e-commerce/apparel acquisition spree. POTENTIAL ACQUISITION TARGETS. E-commerce.

Acquisition 94

Acquisition Hawaii Partner Non-Compete 94

Berkonomics

SEPTEMBER 6, 2018

Minor decisions, such as replacing employees who have left the company or replacing equipment needing updating, are usually considered operational in nature, and unless the business is changing direction, not relevant to this test. Should I make an acquisition to increase value? Odds that an acquisition will be a success.

Acquisition 48

Acquisition Distribution Channel Operations 48

ReadWriteStart

AUGUST 26, 2022

So first, we were much more sort of with a high growth rate, and we did not even care about how we got the revenue when we got it. And now we are much more careful about revenue quality revenues. The vast majority of their customer acquisition is word of mouth. Would you say that? . David Zhang. David Zhang.

Partner 132

Partner Cofounder Retention Acquisition 132

ConversionXL

MAY 27, 2022

Then they increased their revenue from $2M to $6M in six months. In this article, you’ll learn how to build a demand generation funnel that fuels the pipeline, shortens the sale cycle, and generates revenue. Your number one metric for any marketing initiative should be revenue. Like SEO, demand generation is a long game.

Demand 124

Demand B2B Distribution Channel 124

Steve Blank

FEBRUARY 23, 2016

In other words, how can we adapt the Business Model Canvas when the metrics of success for an organization is not revenue? From Revenue Streams to Mission Achievement. For these organizations, the canvas box labeled Revenue Streams doesn’t make sense. Does legal need to sign off for cyber operations?

Business Model 120

Business Model Revenue Channel Community 120

Startup Lessons Learned

APRIL 14, 2009

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? All things being equal, of course, you’d rather have more revenue rather than less. And yet revenue alone is not a sufficient goal. More on that in a moment.

Customer 167

Customer San Francisco Lean Hockey Stick 167

www.inc.com

SEPTEMBER 24, 2011

Office and Operations. But with the help of Grahams company, which specializes in creating tech systems for start-ups, Jumpstart grew to more than $50 million in revenue--enough to make it an attractive acquisition for media conglomerate Hachette Filipacchi. CDW your 1-stop resource for configuration, activation & distribution.

Arizona 40

Arizona Equity Iowa Venture Capital 40

Steve Blank

AUGUST 5, 2010

While individual VC’s inside venture firms specialized in particular domains (PC’s, peripherals, semiconductors, test equipment, operating systems, applications, etc.,) But these VC’s aren’t Lean because they fund startups with web-based distribution models. Their capital needs are low at the front end.

Lean 260

Lean Internet Silicon Valley Venture Capital 260