ReadWriteStart

OCTOBER 2, 2021

This article examines all the major business structures and highlights the significant benefits of each, and particularly LLCs. SaaS, AI, and IoT companies are capital-intensive startups; it is almost impossible to get your startup off the ground if you run it as a sole proprietorship or a general partnership. Definitely not.

Technical Review 78

Technical Review LLC IPO Stock 78

Pascal's View

AUGUST 28, 2010

6) The most efficient fuel for this IPO engine is venture capital. Source: New York Times Opinion article, Inventing Our Way Out of Joblessness by Hank Nothaft and Paul Michel, August 5, 2010 ). v) “Since 1999, over 60% of IPOs have been VC-backed. GDP growth, the U.S. government dataset compiled by the U.S. (ii)

Venture Capital 56

Venture Capital America Initial Public Offering IPO 56

Both Sides of the Table

MAY 23, 2012

This article originally ran on PEHub. Many observers of the venture capital industry have questioned whether its best days are behind it. Looking ahead at the next decade I am excited by what I believe will be viewed as one of the best and most rational investment periods for venture capital due to seven discrete factors: 1.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

Feld Thoughts

JULY 28, 2014

I woke up to an article in Daily Camera today titled Small Business Administration trying to bring SBIC funds to Colorado. There are so many things wrong in the article I felt compelled to write about it. The SBIC was instrumental in the creation of the venture capital business.

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SBIC Venture Capital Colorado SBA 142

David Teten

JANUARY 19, 2021

Similar to the explosion of seed funds in the past decade, we (and some limited partners too ) believe these Flexible VCs are on the forefront of what will become a major segment of the venture ecosystem. We detail below the major categories of VC: VENTURE CAPITAL TYPOLOGY. FLEXIBLE VC VS. OTHER VENTURE CAPITAL MODELS.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Austin Startup

JUNE 27, 2017

Austin-Based Venture Capital Firms There are a eleven venture capital firms based in Austin that are actively investing today, six of which are first funds. VC Firms Actively investing in Austin Companies Finally, there are a group of venture capital firms that are not based in Austin that are active investors here.

Venture Capital 54

Venture Capital Austin Texas Private Equity 54

Both Sides of the Table

SEPTEMBER 27, 2012

This article originally appeared on TechCrunch. Recently I wrote a post arguing to make the definition of a Startup more inclusive than that to which Silicon Valley, fueled by Venture Capital return profiles, would sometimes like to attach to the word. It creates recycled capital + 2nd-time entrepreneurs … on steroids.

Community 378

Community San Diego Silicon Valley Los Angeles 378

Both Sides of the Table

JUNE 5, 2011

This article originally appeared on TechCrunch. I acknowledged this in the article. I said both in the article but felt compelled to provide a statement up front for the skimmers. You can be pissed off, but I don’t set prices. The former is much more likely than the latter. The risk wouldn’t be appropriate.

Pre-Money Valuation 336

Pre-Money Valuation Valuation Silicon Valley Stock 336

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!” They raised $5 million in venture capital to fund growth. One of them is profitability. What did they actually do?

Startup 418

Startup Revenue Technical Review Flash 418

Both Sides of the Table

MAY 24, 2021

The Abundance of Late-Stage Capital Benefits All A lot has been said about the negatives of the late-stage capital that has entered the VC world but the reality is that it also is incredibly important at funding “the long game” and letting many of these companies remain independent and ultimately IPO. Guess you missed Coinbase.

Venture Capital 363

Venture Capital LP Valuation Later Stage 363

Pascal's View

SEPTEMBER 7, 2009

While the article makes important points about the sorry state of the American R&D ecosystem, the author neglects to mention that, in order to achieve the goal of new job creation, healthy U.S. capital markets are essential and intimately linked to new funding commitments to basic scientific research. More on this below.

IPO 38

IPO Venture Capital America Marketing 38

mashable.com

OCTOBER 16, 2010

The venture capital industry is facing real competition for the first time in decades. Not only that, but the growing battle between venture capital firms and “super angels&# presents an amazing opportunity for entrepreneurs trying to build the next big thing. The answer is the rise of super angels, Graham said.

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Angel Investor Venture Capital Social Media Technical Review 84

mashable.com

OCTOBER 16, 2010

The venture capital industry is facing real competition for the first time in decades. Not only that, but the growing battle between venture capital firms and “super angels&# presents an amazing opportunity for entrepreneurs trying to build the next big thing. The answer is the rise of super angels, Graham said.

Angel Investor 83

Angel Investor Venture Capital Social Media Technical Review 83

Steve Blank

APRIL 10, 2019

A version of this article first appeared in the Harvard Business Review. As Venture Capital emerged as an industry in the mid 1970’s, investors in venture-funded startups began to give stock options to all their employees. Startup Compensation Changes with Growth Capital – 12 Years to an IPO.

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Stock Options Stock Vesting Common Stock 333

Austin Startup

MAY 10, 2021

This one chart is going to drive three articles. Companies have increasingly digitized operations, but in silos, said lead director Rich Wong, a partner at Silicon Valley venture-capital firm Accel, an early investor in UiPath. The IPO netted $500M for UiPath (and another $700M for shareholders).

Silicon Valley 113

Silicon Valley IPO Venture Capital Valuation 113

Both Sides of the Table

OCTOBER 12, 2014

A day after I published this Changing Structure of VC article I noticed at least one “Angel Prorata Fund” on AngelList. The number of these groups that did “direct” investments in venture capital used to be relatively small. I believe I was one of the first to point this out publicly.

Technical Review 336

Technical Review Later Stage Early Stage LP 336

Haystack

NOVEMBER 12, 2018

Last night, SAP bought the company before it could IPO. There are plenty of well-deserved articles by Axios and Forbes and tweets of praise for Qualtrics (must read Utah-based VC Bryce Roberts’ storm here ), which you can and should read.

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Acquisition Utah IPO Venture Capital 105

Feld Thoughts

JUNE 29, 2014

4/11 and @pmarca on why the IPO is not what it used to be – [link]. After I thought I was done I ran across a really interesting set of articles which didn’t make it into the tweetstorm. So when I read the first article, it was easy to conclude “VCs who are like each other do less well investing together.”

Venture Capital 139

Venture Capital IPO Syndicate Syndication 139

Startup Professionals Musings

FEBRUARY 25, 2023

IPO – public company initial public stock offering. According to National Venture Capital Association statistics , only 16% of venture-backed startups recently used this alternative, due to high liability concerns, demanding shareholders, and high costs. This alternative is often paired with a personal no-exit strategy.

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Exit Strategy Private Equity Equity Technical Review 264

Pascal's View

AUGUST 22, 2009

On Monday, August 10, Barron’s ran a story “Does the IPO Market Shun Smaller Companies?”, ”, written by Mark Veverka, asserting that “venture capitalists want to widen the playing field for the underwriters.” Sadly, the article completely ignores the implications of this systemic liquidity crisis.

IPO 40

IPO Merger Institutional Investors Venture Capital 40

Feld Thoughts

JUNE 29, 2014

4/11 and @pmarca on why the IPO is not what it used to be – [link]. After I thought I was done I ran across a really interesting set of articles which didn’t make it into the tweetstorm. So when I read the first article, it was easy to conclude “VCs who are like each other do less well investing together.”

Venture Capital 111

Venture Capital IPO Syndicate Syndication 111

Startup Professionals Musings

MAY 25, 2020

IPO – public company initial public stock offering. According to National Venture Capital Association statistics , only 16% of venture-backed startups recently used this alternative, due to high liability concerns, demanding shareholders, and high costs. This alternative is often paired with a personal no-exit strategy.

Exit Strategy 376

Exit Strategy Startup Private Equity Equity 376

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 were in the middle of fundraising for Softbank Venture Capital (which became Mobius Venture Capital.) Suddenly the IPO market window closed.

Stock 140

Stock Internet SEC Italy 140

Hunter Walker

AUGUST 26, 2022

From Box to Glossier, and Comms to Venture Capital, Ashley Mayer Is Carving a Pretty Unique Path. Hunter Walk: Ok, so we first met when you were leading comms at enterprise software company Box, a startup you joined when they were still pretty early and stayed at until post-IPO. The second moment was the IPO itself.

IPO 91

IPO Cofounder Early Stage Portfolio 91

Venture Chronicles

JULY 5, 2010

In today’s online WSJ there was an article about nanotech investor Harris & Harris expanding in debt financing and equity investments in public companies as a result of the lack of liquidity options for private venture backed startups. Venture Capital Dispatch - WSJ ].

Venture Capital 40

Venture Capital Marketing Limited Partner IPO 40

Scalable Startup

AUGUST 26, 2014

But that’s a different article… Less prominent in the news, but possibly more important, is Amazon’s investment in ACQUIA. Will Amazon try to acquire all of Acquia before the inevitable IPO? Acquia, Inc. is the for-profit company founded by Dries Buytaert, the inventor of Drupal, to support his open source project.

Founder 42

Founder Los Angeles PHP Open Source 42

Gust

OCTOBER 17, 2012

In addition, angels were up against a selection problem: All the best entrepreneurs and opportunities would naturally gravitate to the best venture capital funds, leaving only the “scraps” for angel investors. This is absolutely competitive with venture capital returns. So which is it? Only they’re not.

Angel Investor 152

Angel Investor Venture Capital Seed Stage Silicon Valley 152

abovethecrowd.com

JULY 10, 2014

On June 18, Aswath Damodaran , a finance professor at NYU’s Stern School of Business, published an article on FiveThirtyEight titled “ Uber Isn’t Worth $17 Billion. As the Series A investor and board member at Uber, I was quite intrigued when I heard that there was a FiveThirtyEight article specifically focused on the company.

San Francisco 111

San Francisco San Jose Marketing Technical Review 111

Startup Professionals Musings

DECEMBER 26, 2013

An unprecedented number of startups, easily 25 and possibly exceeding 40, are valued today at $1 billion or more, according to a recent NY Times article. Initial Public Offerings (IPO) are back as an exit strategy. That is a 65% increase in the number of IPOs over 2012, and the highest proceeds raised since the year 2000.

IPO 273

IPO Entrepreneur Social Media Startup 273

Steve Blank

OCTOBER 24, 2017

A version of this article is in the Harvard Business Review. — 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. A pre-IPO board usually had two founders, two VCs and one “independent” member.

Founder 245

Founder Technical Review CTO Hire IPO 245

techcrunch.com

OCTOBER 13, 2012

He is on the board of the Angel Resource Institute, and is a partner with Montlake Capital (a late stage growth capital fund) and with Revenue Capital Management (a royalty based lender). He’s c0-authored two books and many academic articles. This is absolutely competitive with venture capital returns.

Angel Investor 103

Angel Investor Venture Capital Seed Stage Silicon Valley 103

Pascal's View

NOVEMBER 15, 2011

Dan Primack posted an article in Term Sheet last week titled Yelp This: IPO Market Is Killing It. equity capital markets for emerging growth companies with market capitalizations below $500 million are structurally broken and systemically dysfunctional. .” Between 1991 and 200 80% of IPO’s raised $50mm or less.

IPO 31

IPO Term Sheet Marketing United States 31

David Teten

JUNE 17, 2015

But the bad news: according to CB Insights , the average time for VCs to exit via M&A is 5 years, and via IPO is 7 years. As both an institutional VC at ff Venture Capital and the Founder of an angel group , I meet a lot of aspiring angel investors.

Angel Investor 60

Angel Investor Angel Groups Liquidity Event IPO 60

Startup Professionals Musings

SEPTEMBER 12, 2014

IPO – public company initial public stock offering. According to recent National Venture Capital Association statistics , only 20% of venture-backed startups now use this alternative, due to high liability concerns, demanding shareholders, and high costs. entrepreneur exit IPO lifestyle m&a startup' Marty Zwilling.

Exit Strategy 289

Exit Strategy Entrepreneur IPO Startup 289

Reid Hoffman

MARCH 19, 2019

Tim O’Reilly’s recent article, “ The fundamental problem with Silicon Valley’s favorite growth strategy ,” makes an impassioned argument that the ideas in our book, Blitzscaling , encourage entrepreneurs to behave in ways that are irresponsible or even dangerous in the pursuit of what he characterizes as “runaway growth.”

Cofounder 28

Cofounder Business Model IPO Non-Compete 28

This is going to be BIG.

JUNE 19, 2012

” The article also goes on to say “Buddy Media's technology is web-based (SaaS) software that provides companies global scale, secure architecture and straightforward administrative tools to connect with their current and future customers using the power of social media. Seemed like a good time to be in the software business.

Software 105

Software Media Social Media Advertising 105

Austin Startup

NOVEMBER 25, 2018

My first day at Bazaarvoice was just a few weeks later, on May 2, 2005, and we built a company from inception to IPO on around $12m of capital use (out of the $24m we raised) in 7 years, creating over a thousand jobs and impacting clients all over the world?—?starting Below is a post I wrote on their Yahoo!

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Bootstrapping Austin Equity Cofounder 48