Agile VC

APRIL 17, 2011

Kayak was started here in my backyard of Boston… co-founder & CTO Paul English and the product/engineering team is based here in Concord MA. Post-money valuation probably no higher than $12M (2). Pre-money valuation was initially set higher but was adjusted to match the Ser B valuation. Series A-1 Preferred.

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

The Startup Toolkit

AUGUST 30, 2012

The valley only has about 4x more VC deals than London (although average valuations are admittedly 2x higher): The valley is not 1000x better. After ~120 meetings everywhere from Boston & New Jersey to LA & Sand Hill Road, we gave up, dug in our heels, and got back to building our business. But check it.

Silicon Valley 52

Silicon Valley San Francisco New Jersey India 52

Gust

OCTOBER 12, 2011

During the summer of 2010, I developed a workshop, A New ACEF Valuation Workshop for Angels and Entrepreneurs. To provide some reference points, I surveyed thirteen angels groups in North American to determine their recent experience in negotiating the pre-money valuation of pre-revenue companies. 2011 Angel Group Valuation Survey.

Angel Groups 125

Angel Groups Valuation Pre-Money Valuation St. Louis 125

Up and Running

SEPTEMBER 10, 2014

I don’t have an MBA and I don’t live in Silicon Valley. Be realistic about your valuation. You may have heard a valuation should be doubled because investors will cut it in half. That likelihood goes down if you are not in Silicon Valley or Boston. I’m not your average angel. And why should you care?

Angel Investor 159

Angel Investor Technical Review Software Review Accredited Investor 159

Agile VC

SEPTEMBER 15, 2011

The very strongest companies can still likely get out if they really wanted, but may not command the valuations they hoped for in more bullish times. Im a former Silicon Valley entrepreneur turned East Coast VC. I co-founded NextView Ventures , a seed-stage VC firm based in Boston, in 2010. Author howerl. Read More ».

IPO 100

IPO Marketing Silicon Valley Technical Review 100

View from Seed

DECEMBER 6, 2018

It’s almost exactly 5 years since Aileen Lee first coined the term “unicorn” in reference to startups with $1 billion+ valuations. A few of these had previously raised private rounds at $1B+ valuations like Facebook, Twitter, and LinkedIn, but a good majority of them only reached unicorn status upon exit. valuation in 2017 round).

IPO 120

IPO Valuation San Francisco Silicon Valley 120

View from Seed

APRIL 30, 2015

Below, we talk to Glen Mello , Managing Director of Silicon Valley Bank’s accelerator team in Boston. As a startup grows, venture debt becomes a viable option to continue that growth. It can be lower cost and can either buy more time or accelerate growth. NVV: Let’s talk about the seed stage specifically.

Term Sheet 120

Term Sheet Equity Startup Seed Stage 120

Rob Go

MAY 21, 2014

Everyone knows that nobody gets consumer in Boston. If you want to invest in the next great consumer company, you better be in Silicon Valley or New York. Boston has amazing consumer companies, but the region gets no love for some reason. So, why doesn’t Boston get more love on the consumer internet side?

Boston 57

Boston Cram Down Indiana eCommerce 57

Startup Professionals Musings

OCTOBER 8, 2012

Incubators I hear mentioned most often include YCombinator , led by Paul Graham in Silicon Valley, and TechStars , located in Boston, Boulder, New York City, and Seattle. To convince you it can work, TechCrunch recently aggregated the combined valuation of YCombinator companies at $7.78

Incubator 215

Incubator Entrepreneur New York City Silicon Valley 215

Rob Go

OCTOBER 14, 2012

Geography: 18 of the 23 are in Boston or New York. The others are mainly in Silicon Valley with some exceptions. Early Progress: Performance is a difficult thing to measure as a seed stage fund given the time horizons and the fickleness of private company valuations.

New Hampshire 50

New Hampshire Croatia Omaha Portfolio 50

Startup Professionals Musings

AUGUST 24, 2011

Incubators I hear mentioned most often include YCombinator , led by Paul Graham in Silicon Valley, and TechStars , located in Boston, Boulder, New York City, and Seattle. To convince you it can work, SiteBoat recently aggregated the combined valuation of the top 21 companies graduated by YCombinator at $4.7

Incubator 234

Incubator New York City Silicon Valley Startup 234

Startup Professionals Musings

APRIL 24, 2011

Back to VCs, Silicon Valley venture capital firms are still the most active. In fact, most of the most active investment firms are located there, although NY now has moved solidly into second place (ahead of Boston). To make this work, you will need an initial valuation of at least $5M.

Venture Capital 233

Venture Capital Revenue Elevator Pitch Silicon Valley 233

Cracking the Code

FEBRUARY 27, 2009

About Bessemer Venture Partners: Bessemer Venture Partners is a global investment group with offices in Silicon Valley, Boston, New York, Mumbai, and Tel Aviv. Detailed SaaS Spreadsheet (Valuation and CAC benchmark). SaaS 13 Index Valuation. S&M productivity (CAC ratio) for the SaaS 13 Index. My Investments.

Software Review 48

Software Review Partner United States Venture Capital 48

Gust

SEPTEMBER 30, 2012

Incubators I hear mentioned most often include YCombinator , led by Paul Graham in Silicon Valley, and TechStars , located in Boston, Boulder, New York City, and Seattle. To convince you it can work, TechCrunch recently aggregated the combined valuation of YCombinator companies at $7.78

Incubator 147

Incubator Entrepreneur New York City Silicon Valley 147

Agile VC

MAY 21, 2012

There’s also a meaningful cohort of newly public companies that now have valuations of $1B+ who could seriously contemplate an acquisition of $100M+ for stock or cash… Yelp, Zillow, Tripadvisor, Jive Software, Splunk, and others. Im a former Silicon Valley entrepreneur turned East Coast VC. Pingback: this.

Acquisition 162

Acquisition Silicon Valley B2B Seed Stage 162

Both Sides of the Table

JULY 11, 2010

This past December I spent a week in Boston to try to get to know some of the local VC’s and entrepreneurs a bit better. I’m surprised how few people talk about valuations, term sheet terms, how much to pay recruiters, etc. It’s what Silicon Valley / San Fran entrepreneurs get for free.

San Francisco 285

San Francisco Incubator Silicon Valley Startup 285

Gust

OCTOBER 17, 2012

Valuable lessons learned from Andy’s personal experience venture investing in Silicon Valley. Fortunately there is now good data on angel returns in Silicon Valley and nationally, and while more research is certainly needed, the data suggest that angel investors can and often do make money.

Angel Investor 152

Angel Investor Venture Capital Seed Stage Silicon Valley 152

Gust

DECEMBER 1, 2011

A recent informal survey of angel groups indicated that valuations are highest in Silicon Valley, New York City and Boston, which are arguably the most entrepreneurially active communities in the US.

SBIR 120

SBIR Startup New York City Angel Investor 120

Agile VC

SEPTEMBER 27, 2011

Providence Equity invested $100M at a $1B valuation not because of their technology or product, but because the network owners contributed a lot of valuable content… or at least access to it for 2years. Im a former Silicon Valley entrepreneur turned East Coast VC. Turns out content is still king… Author howerl.

Silicon Valley 100

Silicon Valley Seed Stage Syndicate Syndication 100

Agile VC

JANUARY 27, 2012

Multi-billion dollar valuations for late stage startups like Dropbox, et al. Im a former Silicon Valley entrepreneur turned East Coast VC. I co-founded NextView Ventures , a seed-stage VC firm based in Boston, in 2010. Read More ».

Hockey Stick 113

Hockey Stick Seed Stage Silicon Valley Syndicate 113

Both Sides of the Table

NOVEMBER 15, 2014

I was at a dinner recently in Chicago and the table discussion was about building great companies outside of Silicon Valley. Those of us outside Silicon Valley need to make an effort to effect change not just wish for it. Think about Facebook had it stayed in Boston. ” Boston is still a great tech hub.

Community 369

Community Silicon Valley Chicago Boston 369

techcrunch.com

OCTOBER 13, 2012

Valuable lessons learned from Andy’s personal experience venture investing in Silicon Valley. Fortunately there is now good data on angel returns in Silicon Valley and nationally, and while more research is certainly needed, the data suggest that angel investors can and often do make money.

Angel Investor 103

Angel Investor Venture Capital Seed Stage Silicon Valley 103

Agile VC

FEBRUARY 28, 2012

And when I say reservation price I don’t just mean valuation… I mean the broad contours of a round that you’d be willing to do which includes not just valuation but size of the raise, syndicate, etc. Im a former Silicon Valley entrepreneur turned East Coast VC. Author howerl. Filed under Uncategorized.

Early Stage 100

Early Stage Syndicate Syndication Silicon Valley 100

Rob Go

NOVEMBER 12, 2014

Even though we are a seed-focused VC fund, we were very excited to help organize this event because of our belief that increased angel activity is critical to keep propelling the Boston startup ecosystem (and the local economy) further. SAFE docs are on the rise. It was a great even overall, and I learned a ton.

Angel Investor 71

Angel Investor Silicon Valley Cofounder Finance 71

thebarefootvc

JULY 3, 2016

After spending time in Silicon Valley (from 1999-2003), Boston, London and Chicago, I moved back to NYC in 2004 and have been fortunate to witness the technology and startup growth for the past 10+ years. FPV is well positioned in 2016 given the Fund’s discipline around valuations and terms through the past year.

North America 40

North America Early Stage New York City Portfolio 40

thebarefootvc

FEBRUARY 3, 2016

After spending time in Silicon Valley (from 1999-2003), Boston, London and Chicago, I moved back to NYC in 2004 and have been fortunate to witness the technology and startup growth for the past 10+ years. FPV is well positioned in 2016 given the Fund’s discipline around valuations and terms through the past year.

North America 40

North America Early Stage New York City Portfolio 40

Austin Startup

MARCH 20, 2017

Beyond the sky-high valuation, unicorns have other similarities in company culture — Casual dress code, young employees, exposed brick walls, local food, dog-friendly offices and open-concept work spaces. Dan told the story of his transition as a Newsweek journalist to the second oldest employee at Boston-based tech company Hubspot.

Silicon Valley 48

Silicon Valley Austin Community Hosting 48

Duct Tape Marketing

JUNE 20, 2023

It'll be in Boston from September 5th through the 8th. And the model we had in mind, there's a book called Valuation, which our, our firm has had an updated every year for the past 20 years or more. Click on over and give us a review on iTunes, please! That's right. So this was a very conscious step on our part.

Technical Review 65

Technical Review Silicon Valley Generative AI Arizona 65

Seeing Both Sides

OCTOBER 21, 2011

I want Groupon to settle in at a strong valuation that generates wealth and further fuels the Chicago entrepreneurial ecosystem while returning capital to liquidity-starved investors. So why is it that so many people are so eager to tear the company down?

Silicon Valley 45

Silicon Valley IPO Chicago Boston 45

VC Cafe

JUNE 29, 2012

You’re in Silicon valley, competing against the best of the best. Rick – I’m a Boston-based VC. In your case, come to Boston. Don – Private money valuations have gone up. Would it be a good idea to come to Silicon Valley even if our market is in Mexico? Like marriage but worse.

Developer 103

Developer Silicon Valley Software Review Mexico 103

Agile VC

FEBRUARY 2, 2012

Obviously depending when an employee was granted equity, the exercise price they’d have to pay to actually purchase and own these shares outright could be quite high since Facebook’s company valuation grew rapidly. Im a former Silicon Valley entrepreneur turned East Coast VC. Read More ».

IPO 100

IPO South Korea Venezuela Revenue 100

finance.fortune.cnn.com

AUGUST 21, 2012

Term Sheet The latest on private equity, M&A, deals and movements — from Wall Street to Silicon Valley. He currently lives just outside of Boston. Term Sheet. Fear & Greed. Mutual Funds. Exclusive: Returns for brand-name VC funds By Dan Primack August 20, 2012: 12:15 PM ET. Beyond the dotcom-era benchmarks.

Naming 49

Naming Term Sheet Private Equity Equity 49

SoCal CTO

OCTOBER 5, 2010

Sean Murphy on the first dozen enterprise customers - Gabriel Weinberg , September 8, 2010 I recently did a Traction Book interview with Sean Murphy who runs a boutique cutomer development firm in Silicon Valley. Baptiste , a new writer at OnStartups and local Boston entrepreneur. My firm is SKMurphy. He's awesome.

Technology 191

Technology Product San Francisco CTO Hire 191

www.paulgraham.com

OCTOBER 23, 2010

Silicon Valleydominates, then Boston, then Seattle, Austin, Denver, and New York. Even in New York the number of startups percapita is probably a 20th of what it is in Silicon Valley. 8 ]Some VCs will offer you an artificially low valuation to seeif you have the balls to ask for more. Afterthat theres not much.

Startup 108

Startup Software Review Hiring Detroit 108

David Teten

APRIL 30, 2018

markets: New York, Philadelphia, Boston, Denver, San Francisco and Silicon Valley. I see four main reasons why US investors like us invest in an international company over a purely US company: Less capital intensive and therefore lower valuations. As of 2017, 421 companies have passed through the program in 6 U.S.

United States 60

United States Silicon Valley Canada Offshore 60

David Teten

APRIL 30, 2018

markets: New York, Philadelphia, Boston, Denver, San Francisco and Silicon Valley. I see four main reasons why US investors like us invest in an international company over a purely US company: Less capital intensive and therefore lower valuations. As of 2017, 421 companies have passed through the program in 6 U.S.

United States 60

United States Silicon Valley Canada Offshore 60

Startup Professionals Musings

OCTOBER 19, 2010

Here are some recommendations I have heard from the experts: Move your company to Silicon Valley or Boston. Luckily, some VCs feel that the best time to invest is during a struggling market, when both valuations and competition are at an all time low. The market is coming back, but it is still well under water.

Venture Capital 225

Venture Capital Silicon Valley Startup United States 225