Both Sides of the Table

OCTOBER 8, 2014

Many people don’t realize that the majority of the monetization of the Internet originated in Los Angeles but was perfected in Silicon Valley. The monetization engine of the Internet that powers the most profitable business perhaps in history was invented and perfected in Los Angeles and is what you now know as Google Ad Words.

Los Angeles 376

Los Angeles Silicon Valley Entrepreneur Seattle 376

Steve Blank

MARCH 18, 2011

We’re now in the second Internet bubble. Dot.com Bubble ( 1995-2000): “ Anything goes” as public markets clamor for ideas, vague promises of future growth, and IPOs happen absent regard for history or profitability. With Netscape’s IPO , there was suddenly a public market for companies with limited revenue and no profit.

Internet 334

Internet IPO Silicon Valley Agile 334

Steve Blank

SEPTEMBER 14, 2009

On top of all this it was considered very bad form not to have at least four additional consecutive quarters of profits after an IPO.) The IPO Bubble – August 1995 – March 2000 In August 1995 Netscape went public, and the world of start ups turned upside down. Tech acquisitions went crazy at the same time the IPO market did.

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

The Startup Magazine

NOVEMBER 25, 2017

A VDR is an internet database in which companies’ share and store private information used during financial transactions. During business mergers or acquisitions there’s plenty of research and document reviews. IPOs are difficult company transactions as it requires companies to go public. Virtual Data Rooms (VDR).

Software Review 60

Software Review Technical Review Intellectual Property Due Diligence 60

Startup Professionals Musings

APRIL 17, 2023

It never hurts to start networking personally with all levels of investors early, but sending out teasers and business plans to every name you can find on the Internet is a waste of your time and theirs. This is the exit stage for the entrepreneur, and for all earlier investors.

Angel Investor 313

Angel Investor Intellectual Property Investment Bankers Private Equity 313

Ben's Blog

MAY 24, 2021

IPO market. There are a number of trends concerning IPOs and capital formation to note: First, the raw number of IPOs has declined significantly: From 1980-2000, the US averaged roughly 300 IPOs per year; from 2001-2016, the average fell to 108 per year. In the first quarter of 2021 alone, SPACs raised $87.9

SEC 36

SEC Accredited Investor IPO Technical Review 36

Startup Professionals Musings

JANUARY 16, 2011

It has been at least a decade since going public via an Initial Public Offering (IPO) has been considered a credible exit strategy for startups. Usually a small company can sell about 20 percent of its stock in an IPO. In 1999, there were 486 IPOs nationwide; just 10 years later, in 2009, there were only 63. How’s the timing?

IPO 223

IPO Social Media Media Exit Strategy 223

Start Up Blog

DECEMBER 29, 2019

Why it mattered: An open and fair internet took a massive hit when Facebook bought Instagram. What happened: Edward Snowden’s NSA revelations + Facebook goes public with IPO. To date, its market capitalisation has now increased fourfold since the IPO. billion constituents should make all of us us lose sleep at night.

Technical Review 105

Technical Review China IPO Vesting 105

Steve Blank

AUGUST 19, 2013

For exits, acquisitions are the rule and IPOs the exception. While the time, expense and difficulty to exit has soared in Life Sciences, all three critical factors have been cut by orders of magnitude in other investment sectors such as internet or social-local-mobile.

Venture Capital 301

Venture Capital Startup Lean Philadelphia 301

VC Cafe

JANUARY 24, 2012

The Internet sector dominated for the first time in the past decade and saw a large increase of investment, attracting $482 million or 23% of total capital raised by high-tech companies (115 total investments), compared to $222 million or 18% raised in 2010, and $147 million or 13% raised in 2009. ” Overall, the average round was $3.92

Technical Review 111

Technical Review IPO Seed Stage 111

Both Sides of the Table

DECEMBER 27, 2011

I find it amusing when a journalist writes an article about a prominent startup (either privately held or preparing for an IPO) and decries that, “They’re not even profitable!” Internet scale. In many Internet startups 80% of the operating costs will be people. One of them is profitability. Growth matters.

Startup 418

Startup Revenue Technical Review Flash 418

The Equity Kicker

JANUARY 21, 2014

Following Google’s acquisition of Nest last week Venturebeat published the following list of Google’s top ten acquisitions by value: Motorola Mobility – $12.5 This re-enforces the old truism that the most reliable path to a massive exit is to head for an IPO, even with all the difficulties that come with that route.

Acquisition 103

Acquisition IPO Mobile Internet 103

Feld Thoughts

APRIL 21, 2014

In the last two weeks there’s been a flurry of articles about the implications of a 25% decline in the public market value of a bunch of Internet stocks. We probably had about $150m committed and were running around trying to get to $300m for what we had positioned as a dedicated Internet VC fund.

Stock 140

Stock Internet SEC Italy 140

Both Sides of the Table

APRIL 15, 2010

I think everybody heard about this acquisition. On the founder’s side it’s about taking money off of the table and / or having strategic reserves for big acquisitions. In the former case many people scoffed at paying up for Google at IPO. It offers Internet radio targeted advertising and is growing really well.

Venture Capital 271

Venture Capital Affiliate Valuation San Francisco 271

Startup Professionals Musings

JULY 22, 2020

It never hurts to start networking personally with all levels of investors early, but sending out teasers and business plans to every name you can find on the Internet is a waste of your time and theirs. This is the exit stage for the entrepreneur, and for all earlier investors.

Angel Investor 370

Angel Investor Intellectual Property Investment Bankers Private Equity 370

Both Sides of the Table

AUGUST 12, 2010

In the technology world there are a few websites that most startups track to keep up with the latest financings, acquisitions, product announcements and gossip: BusinessInsider, TechCrunch, Mashable, GigaOm, etc. There is an industry changing shift going on in the internet and mobile-based IT space for sure.

Seed Stage 232

Seed Stage Valuation Private Equity Venture Capital 232

Startup Professionals Musings

NOVEMBER 6, 2020

It seems that most of you entrepreneurs I meet in my role as business advisor are convinced that starting a new business requires equity investors, exponential growth, and a plan to go public via IPO. If your passion is customers, you definitely will be happier as a lifestyle entrepreneur.

Small Business 311

Small Business Small Business Administration SBA Equity 311

Haystack

DECEMBER 29, 2018

More and more angels will be minted as the 2019 IPO class emerges. Governments blocking acquisitions, the curtailment of company expansion, more scrutiny on overseas operations of U.S. Traditional seed funds have gotten bigger, many armed with opportunity funds on top. Hundreds of new micro funds somehow keep getting into the market.

Technical Review 165

Technical Review Venture Capital Russia China 165

Agile VC

MAY 26, 2011

Google is still a private company (their IPO was Aug 2004). is the leading consumer internet company with Terry Semel as CEO. One partnership was clearly very divided and a vocal minority of GPs thought consumer internet companies were a massive waste of time and money. link] leehower.

Term Sheet 178

Term Sheet Silicon Valley Technical Review Social Network 178

Steve Blank

AUGUST 5, 2010

Consumer Internet investing seems to have split off from traditional Venture Capital, and is creating a new category of VC’s: Lean VC’s. In 1980 Genentech became the first IPO of a venture funded biotech company. The Rise of the “Lean VC’s” – Consumer Internet Gets Funded. Here’s why. Electron-based Venture Capital.

Lean 258

Lean Internet Silicon Valley Venture Capital 258

Agile VC

MARCH 8, 2012

Tech IPOs Are Back – So Now What? Three of the five “blockbuster” tech IPOs I predicted have happened (LinkedIn, Groupon, Zynga) and the biggest of all (Facebook) has filed and will likely go public within the next 90 days. I see several dynamics at work in today’s IPO markets. March 8, 2012.

IPO 100

IPO Silicon Valley Revenue Seed Stage 100

Startup Professionals Musings

APRIL 15, 2019

For many companies, the long game is choosing the right strategic partners and acquisitions. For others, including Facebook, it is penetrating China despite political constraints, and India, where only thirty percent of the population is on the Internet. But never take your eye off today’s customer.

Social Media 218

Social Media India Acquisition China 218

This is going to be BIG.

MAY 18, 2012

2) Facebook will be hungry for growth in its ad business, and since it is running out of internet connected humans to connect to, it will need tools to make more out of each person. 3) It will get much harder for Facebook to recruit talent, since the promise of the pre-IPO stock pop is gone. Bigger acquisitions?

IPO 115

IPO Seed Stage Early Stage Green 115

Haystack

NOVEMBER 24, 2018

Internet security has always been a favorite of technology VCs, but I personally suspect the idea of security will broaden as the Internet itself grows beyond phones, tablets, and other connected devices — as we see now in the news with our social graphs, artificial intelligence, crypto, and other emergent technologies.

Acquisition 62

Acquisition Artificial Inteligence Balance Sheet Cofounder 62

David Teten

JANUARY 10, 2012

Mr. Lindzon’s new media and internet business investments also include: Limos.com, Blogtalkradio.com, Buddy Media, Ticketfly, Assistly, Bit.ly Michael was the lead research analyst for the IPOs of Internet companies like UUNET, Yahoo!, Mr. Parekh serves on various advisory boards of start-up internet companies.

Technical Review 128

Technical Review Technology North Carolina Switzerland 128

VC Cafe

DECEMBER 27, 2022

Israel’s proliferation of “social casino” companies has created a strong talent pool in the areas of monetisation and user acquisition. While gaming companies can become cash cows, for many the path to exit is in the form of acquisitions by bigger studios or tech companies. Israeli gaming industry characteristics.

Generative AI 173

Generative AI Cloud Acquisition 173

Growthink Blog

SEPTEMBER 24, 2014

I had the good fortune to moderate a panel at last week''s IBA Silicon Valley from Start-up to IPO / Exit Conference. start-ups that turn into “Unicorns” - businesses with exits via IPO or acquisition of greater than $1 Billion - emanate almost exclusively from the United States, and far more specifically from Silicon Valley.

Silicon Valley 79

Silicon Valley IPO Los Angeles San Francisco 79

VC Cafe

JANUARY 24, 2012

The Internet sector dominated for the first time in the past decade and saw a large increase of investment, attracting $482 million or 23% of total capital raised by high-tech companies (115 total investments), compared to $222 million or 18% raised in 2010, and $147 million or 13% raised in 2009. ” Overall, the average round was $3.92

Technical Review 60

Technical Review IPO Seed Stage 60

VC Cafe

FEBRUARY 15, 2017

Orcam was created by the founders of Mobileye (NYSE: MBLY and one of Israel’s largest IPOs ), Prof. YouAppi (2011)- YouAppi creates adtech to streamline mobile user acquisition. Amnon Shashua and Ziv Aviram (great interview with them here ). Co-founders Ami Daniel and Matan Peled both served as naval officers.

Artificial Inteligence 122

Artificial Inteligence Technical Review Startup 122

Agile VC

FEBRUARY 2, 2012

Facebook S-1: The Most Anticipated IPO in a Decade. Here’s my first look at Facebook viewed through the lens of their IPO filing. Plus Facebook has ample cash on hand today and will get a huge slug more from the IPO. Facebook estimates they already have 60% of addressable US internet users. February 2, 2012.

IPO 100

IPO South Korea Venezuela Revenue 100

Agile VC

MARCH 13, 2012

And at PayPal we were hit with a couple patent disputes while in the midst of our IPO process. Patents and the threat of patent infringement lawsuits provide maximum leverage against a competitor when they’re in the middle of a strategic inflection point… a major financing, acquisition, or large product launch.

IP 100

IP IPO Social Network Silicon Valley 100

Cracking the Code

NOVEMBER 10, 2009

Thoughts from a Venture Capitalist on Software, Software-as-a-Service (SaaS), Cloud Computing, Internet and more. The acquisition of Omniture by Adobe for $1.8B and the second SaaS public transaction in history behind the acquisition of Webex by Cisco in 2007 for $3.2B. internet. (6). How the use of internet is transform.

Software Review 48

Software Review Technical Review IPO Cloud 48

Agile VC

JUNE 5, 2011

So Groupon obviously filed their S-1 the other day to formally being the IPO process. It also puts another chink in the armor of the meme that monster internet companies can only be built in Silicon Valley (LivingSocial, Kayak, Gilt Groupe, CSN Stores, et al doing damage here too). AGILEVC My idle thoughts on tech startups.

North America 100

North America Chicago Boston Silicon Valley 100

Startup Professionals Musings

APRIL 14, 2017

For many companies, the long game is choosing the right strategic partners and acquisitions. For others, including Facebook, it is penetrating China despite political constraints, and India, where only thirty percent of the population is on the Internet. But never take your eye off today’s customer.

Social Media 163

Social Media India Acquisition China 163

venturebeat.com

JULY 12, 2012

Acquisition. Additionally, he’s looking for companies that have a long-term potential to be Microsoft partners or acquisitions. It was fiercely independent, and was, until its HP acquisition, one of the few PC makers still assembling computers in North America. 10 Internet comments about games that actually make us laugh.

Detroit 69

Detroit Incubator Technical Review Venture Capital 69

crowdSPRING Blog

NOVEMBER 11, 2011

Zynga Leans On Some Workers to Surrender Pre-IPO Shares – [link]. From Deadpool to Acquisition: Lessons From Sprouter’s Almost Fail – [link]. Not encouraging…teens have trouble communicating without the Internet – [link]. How Little Brands Land Big Bang for Their Buck – [link].

Social Media 94

Social Media Small Business Design CTO Hire 94

Startup Professionals Musings

AUGUST 19, 2018

It never hurts to start networking personally with all levels of investors early, but sending out teasers and business plans to every name you can find on the Internet is a waste of your time and theirs. This is the exit stage for the entrepreneur, and for all earlier investors.

Angel Investor 184

Angel Investor Intellectual Property Investment Bankers Private Equity 184