Agile VC

MAY 26, 2011

Google is still a private company (their IPO was Aug 2004). Silicon Valley is still emerging from the tech bubble and massive downturn of late 2000-2002. And obviously all the liq prefs went away in the IPO when pref stock converted to common. Im a former Silicon Valley entrepreneur turned East Coast VC.

Term Sheet 178

Term Sheet Silicon Valley Technical Review Social Network 178

Both Sides of the Table

SEPTEMBER 16, 2010

As I’ve highlighted I believe we’re in a unique period similar to 2005-08 where the biggest tech firms of Silicon Valley (and some media companies) are scooping up small software companies as “talent acquisitions&# versus accretive revenue / profit generators. This is actually the norm.

Cap Table 283

Cap Table Angel Investor Liquidation Preference Deal Flow 283

Haystack

DECEMBER 29, 2018

And as more economies worldwide seek to shift their investment strategies offshore and seek out technology, hubs like Silicon Valley and Shanghai, among others, have reaped the benefits. More and more angels will be minted as the 2019 IPO class emerges. Hundreds of new micro funds somehow keep getting into the market.

Technical Review 165

Technical Review Venture Capital Russia China 165

Steve Blank

APRIL 13, 2013

But what made the overwhelming impression for me was finding an entrepreneurial software cluster on par with the Internet software portion of Silicon Valley. there are almost no mergers or acquisitions in this market segment. Liquidity for most Internet startups happens via IPO’s. Unlike the U.S. Lessons Learned.

Silicon Valley 159

Silicon Valley China Venture Capital Merger 159

Agile VC

APRIL 17, 2011

GameFly filed in 2010 and remains in registration, though 2011 has seen a positive start for VC-backed IPOs with 14 in Q1 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. =. Quinstreet priced at $15.00/sh

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

View from Seed

DECEMBER 6, 2018

To analyze what’s become of the OG Unicorns, it’s first worth noting that at the time of the 2013 post about 2/3rds of the 39 on the list had already been realized via IPO or $1B+ acquisitions. Most startups that hit this level did so via IPO or acquisition value. IPO value, $2.8B IPO value, $1.5B

IPO 120

IPO Valuation San Francisco Silicon Valley 120

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

Steve Blank

MARCH 18, 2011

The signals are loud and clear : seed and late stage valuations are getting frothy and wacky, and hiring talent in Silicon Valley is the toughest it has been since the dot.com bubble. With Netscape’s IPO , there was suddenly a public market for companies with limited revenue and no profit. Carpe Diem. Breathtaking Scale.

Internet 334

Internet IPO Silicon Valley Agile 334

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

prosperati.com

OCTOBER 23, 2010

Silicon Valley is a great place for technology startups in no small part due to its culture of entrepreneurship and innovation. How do you emulate this culture outside of Silicon Valley? There must be a healthy acquisition or IPO pipeline in the market. Culture creation is not easy. Turns out, not so easy.

Offshore 40

Offshore Malaysia Developer Stock Options 40

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

SEPTEMBER 10, 2013

A few, like Silicon Valley Bank (SVB), actually do provide management services to startups, invest in startups, or provide early-stage venture capital, but that is not called an investment service and is part of a function called Emerging Technologies, or sometimes Private Equity. investment bank entrepreneur startup funding IPO'

IPO 205

IPO Silicon Valley Private Equity Initial Public Offering 205

Pascal's View

AUGUST 12, 2009

I liked the Friday, August 7 Wall Street Journal editorial, Washington vs. Silicon Valley , but it does not go far enough. It boggles the mind that Washington would enact new policies sure to prolong this (IPO) drought and strike at the heart of American innovation.” from the WSJ editorial). years in 1998 to 9.6

IPO 28

IPO Silicon Valley Merger Sweat Equity 28

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. How to Evaluate Firms for a Seed VC. How To Think About The Future. February 2, 2012. link] leehower.

IPO 100

IPO South Korea Venezuela Revenue 100

Startup Lessons Learned

AUGUST 2, 2008

Lessons Learned by Eric Ries Saturday, August 2, 2008 Paul Graham on fundraising I have found no better primer on the current realities of starting a new technology company in a startup hub like Silicon Valley than Paul Grahams essays. Its the same with acquisitions. but rest assured they would be.

San Francisco 125

San Francisco Software Review Technical Review Continuous Deployment 125

Steve Blank

AUGUST 5, 2010

When I first came to Silicon Valley the world of Venture Capital looked pretty simple. VC’s invested in things that ran on electrons: hardware, software and silicon. In 1980 Genentech became the first IPO of a venture funded biotech company. I think you can blame Customer and Agile Development for a small part of it.

Lean 258

Lean Internet Silicon Valley Venture Capital 258

Up and Running

DECEMBER 1, 2015

Noah Parsons, COO at Palo Alto Software says, “If you’re in Silicon Valley and/or building any kind of tech startup, it’s considered the norm to offer equity as part of a compensation package.”. “If When it’s the “norm” for your industry. Don’t save starting costs by giving the business away.”.

Equity 60

Equity Employee Stock Options Vesting 60

Scalable Startup

SEPTEMBER 11, 2013

[contact-form] Can any other region “catch up” to Silicon Valley, or be the next Silicon Valley? These towns are setting their expectations way too high while the real Silicon Valley giggles at the sight. Silicon – Uh, yeah, that word? It’s what started all this.

Silicon Valley 22

Silicon Valley San Francisco Angel Investor Hawaii 22

VC Adventure

SEPTEMBER 10, 2010

Can you talk a little bit about the growth of the Boulder startup community and what makes it unique to other startup communities such as Silicon Valley, NYC, Boston, etc.? What are your thoughts about M&A and IPOs – and a successful exit for ad tech startups? Do you see a window developing?

Technical Review 60

Technical Review Due Diligence Venture Capital IPO 60

Feld Thoughts

APRIL 21, 2014

They range from “the sky is falling” to “the IPO market window is closing” to “there will be more stupid television shows about Silicon Valley” (I prefer Game of Thrones and 24, thank you very much.). Suddenly the IPO market window closed. ” I remember a moment in time in 1997.

Stock 140

Stock Internet SEC Italy 140

www.mattbartus.com

SEPTEMBER 24, 2011

A View from the Valley. Perspectives on issues affecting founders, startups and investors from a veteran startup lawyer in Silicon Valley. Matt is a lawyer representing technology companies through all phases of their lifecycle, from pre-incorporation, seed & VC financings, exit transactions and IPOs (read more).

Equity 40

Equity Vesting Silicon Valley Intellectual Property 40

Startup Professionals Musings

JUNE 26, 2020

You may have heard that venture capitalists in Silicon Valley no longer read business plans. The options here include going public (IPO), merger/acquisition, liquidate, or no exit, just paying off investors. For the rest of us, we need a business plan, as well as a product plan.

Business Plan 423

Business Plan Product Intellectual Property Elevator Pitch 423

Startup Professionals Musings

JANUARY 22, 2011

A few, like Silicon Valley Bank (SVB), actually do provide management services to startups, invest in startups, or provide early-stage venture capital, but that is not called an investment service and is part of a function called Emerging Technologies, or sometimes Private Equity.

Silicon Valley 211

Silicon Valley Private Equity Initial Public Offering Startup 211

Austin Startup

AUGUST 8, 2020

Over that time period, this newsletter has emerged as a must read for the city’s startup community because of its aggressive coverage of investments, IPOs, launches, Central Texas re-locations, mergers, founder-related events and (more recently) COVID-related layoffs. though perhaps 20% or so are from Silicon Valley, New York and other hubs.

Austin 62

Austin Minnesota Silicon Valley Entrepreneur 62

Austin Startup

SEPTEMBER 14, 2017

We do not work for Uber or Facebook, and we are not even trying to work with the future Ubers or Facebooks, or other IPO-seeking companies of the world. Most of those firms are in Silicon Valley, because most of those companies are in Silicon Valley.

Silicon Valley 48

Silicon Valley IPO Bandwidth Hiring 48

abovethecrowd.com

AUGUST 23, 2020

If you are looking past or through Covid — and why not, all of Wall Street is — the topic du jour in Silicon Valley is Special Purpose Acquisition Companies, or SPACs. So while the underpricing and true cost of capital of a traditional IPO is trending worse, the economics behind SPACs are actually improving.

IPO 118

IPO Silicon Valley Warrant Matching 118

The Equity Kicker

OCTOBER 8, 2012

A company making $1000 a month (a typical number early in YC) and growing at 1% a week will 4 years later be making $7900 a month, which is less than a good programmer makes in salary in Silicon Valley. Growth is the main driver of value in our companies and it is what makes them exciting to IPO investors and acquirers.

Silicon Valley 149

Silicon Valley IPO eCommerce Valuation 149

The Equity Kicker

AUGUST 24, 2012

As a result, commentators like Alan Patrick are asking whether we are seeing the end of Silicon Valley as we know it. These funders were providing liquidity to early investors and additional capital for growth, just like the IPO markets used to. per cent return on venture over the last ten years. Here’s why. With its $1.5

IPO 101

IPO Valuation Silicon Valley Venture Capital 101

Steve Blank

OCTOBER 24, 2017

— Unremarked and unheralded, the balance of power between startup CEOs and their investors has radically changed: IPOs/M&A without a profit (or at times revenue) have become the norm. In the 20th century tech companies and their investors made money through an Initial Public Offering (IPO).

Founder 245

Founder Technical Review CTO Hire IPO 245

Seeing Both Sides

NOVEMBER 30, 2010

Bill Gurley’s excellent piece on Silicon Valley IPO Anxiety inspired me to take a companion look at the East Coast, particularly Massachusetts and New York, and evaluate the health of the local IPO economy and prospective pipeline. Today, I'll cover Massachusetts; tomorrow, New York. Parexel International Corp.

IPO 34

IPO Massachusetts New York Silicon Valley 34

Lightspeed Venture Partners

MAY 5, 2016

Over the years we’ve had the privilege of working with amazing founders and helping them grow from infancy to IPO or acquisition in many cases. A Silicon Valley native, for years Brian has been in the business of high stakes match-making, with the mission of bringing the right talent to the right company at the right time.

Silicon Valley 60

Silicon Valley Advisory Board Flash Pennsylvania 60

Startup Professionals Musings

JANUARY 31, 2010

A few, like Silicon Valley Bank (SVB), actually do provide management services to startups, invest in startups, or provide early-stage venture capital, but that is not called an investment service and is part of a function called Emerging Technologies, or sometimes Private Equity.

Silicon Valley 120

Silicon Valley Private Equity Startup Initial Public Offering 120

Business Plan Blog

NOVEMBER 13, 2013

The return only happens when there is an exit via acquisition or an IPO. Some well-known Silicon Valley angel groups are Band of Angels, Sandhill Angels, TIE angels and others. Raising Angel Capital. Individual investors who provide financial funding to startups are called ‘Angel Investors.’

Finance 93

Finance Accredited Investor Angel Investor Seed Capital 93

Austin Startup

JUNE 27, 2017

There are many investors in Silicon Valley that are looking to invest not just in great companies but those that are thinking really big and looking to create and define new categories. We would also welcome seeing more high risk, high reward investing by the firms in Austin. Those help build local capital availability.

Venture Capital 54

Venture Capital Austin Texas Private Equity 54

Hippoland

SEPTEMBER 28, 2018

This really resembles the era when in Silicon Valley we had Yahoo, EBay, and Craigslist. The interesting thing about the US market is that customer acquisition these days is actually fairly straightforward online now for most customer audiences. This makes it easier to do customer acquisition for a consumer-based company.

Asia 48

Asia Indonesia B2B Singapore 48

Hippoland

SEPTEMBER 28, 2018

This really resembles the era when in Silicon Valley we had Yahoo, EBay, and Craigslist. The interesting thing about the US market is that customer acquisition these days is actually fairly straightforward online now for most customer audiences. This makes it easier to do customer acquisition for a consumer-based company.

Asia 48

Asia Indonesia B2B Singapore 48

Feld Thoughts

SEPTEMBER 9, 2015

If private capital is no longer available in the future, these companies will seek a public offering or acquisition. ” The word showed up again in Nick Bilton’s Vanity Fair article Is Silicon Valley in Another Bubble. Or worse, some may become “ Unicorpses ” :)).” and What Could Burst It?

Liquidation Preference 70

Liquidation Preference Burn Rate Balance Sheet .Net 70