Startup Professionals Musings

SEPTEMBER 11, 2013

In the old days, every entrepreneur dreamed of someday taking their startup public, and making it a multi-national powerhouse. In my view, the key reasons that IPOs have lost their luster from an entrepreneur and investor perspective include the following: The US IPO process seems broken. Going public is an expensive process.

IPO 242

IPO SEC Prospectus Startup 242

The Startup Magazine

FEBRUARY 19, 2019

The business opportunity includes information on your market, management team, and financials including the business model, anticipated returns, funding requirement and utilisation of funds. Market analysis.

Business Plan 93

Business Plan Technical Review Initial Public Offering Due Diligence 93

Startup Professionals Musings

JULY 22, 2020

At this point, most Angel investors and a few early-stage VCs will be happy to talk, assuming you have the business model validated, and a large opportunity. You are now entering the rollout stage , with money required for marketing, hiring a full-time team, and a production process. Congratulations!

Angel Investor 370

Angel Investor Intellectual Property Investment Bankers Private Equity 370

Gust

DECEMBER 28, 2011

If the company was successful, this quickly led to an IPO – a very happy ending for the entrepreneur, the angels, and the venture capitalists. The two major differences in the exit environment in the past decade are (1) the disappearance of the IPO market and (2) the rapidly increasing size of the average VC fund.

IPO 153

IPO Venture Capital Entrepreneur Angel Investor 153

Version One Ventures

OCTOBER 7, 2014

Rick Perreault of my portfolio company Unbounce recently called my attention to an interesting comparison between two SaaS models: Hubspot & Moz – A Tale of Two (Very Different) SaaS Business Models. Since investors (whether private or public) like to see growth, Hubspot’s story is more impressive from that standpoint.

Initial Public Offering 148

Initial Public Offering IPO SEC Valuation 148

Growthink Blog

NOVEMBER 8, 2010

Try these statistics on for size, from 1999 to today Asia’s share of the world’s Initial Public Offerings grew from 12% to 66%. In that same time frame, United States IPO volume declined 75% in real terms and now accounts for less than 11% of the global total. In the U.S. In the U.S. Your India strategy? • This is HARD.

Africa 104

Africa Brazil China India 104

Startup Professionals Musings

AUGUST 19, 2018

At this point, most Angel investors and a few early-stage VCs will be happy to talk, assuming you have the business model validated, and a large opportunity. You are now entering the rollout stage , with money required for marketing, hiring a full-time team, and a production process. Congratulations!

Angel Investor 184

Angel Investor Intellectual Property Investment Bankers Private Equity 184

Version One Ventures

OCTOBER 7, 2014

Rick Perreault of my portfolio company Unbounce recently called my attention to an interesting comparison between two SaaS models: Hubspot & Moz – A Tale of Two (Very Different) SaaS Business Models. Since investors (whether private or public) like to see growth, Hubspot’s story is more impressive from that standpoint.

Initial Public Offering 78

Initial Public Offering IPO SEC Valuation 78

Steve Blank

MARCH 18, 2011

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. VC’s worked with entrepreneurs to build profitable and scalable businesses, with increasing revenue and consistent profitability – quarter after quarter.

Internet 334

Internet IPO Silicon Valley Agile 334

Version One Ventures

JUNE 29, 2017

As one can imagine, the media commentary was not pretty, calling the IPO a disappointment , the stock stale out of the box , and lamenting that the stock forgot to pop. It was not the easiest road for them as they had to cut the originally proposed price range of $15-17 to $10 and closed the first day just around that at $10.01.

IPO 143

IPO Stock Valuation Business Model 143

Pascal's View

SEPTEMBER 7, 2009

I believe that, if he understood the reality of the venture capital industry today and its inextricable link to the Initial Public Offering (IPO) drought, his otherwise well-written article would have taken a markedly different direction. business model is broken. The pipeline is dry because the U.S.

IPO 38

IPO Venture Capital America Marketing 38

Startup Professionals Musings

JULY 4, 2014

At this point, most Angel investors and a few early-stage VCs will be happy to talk, assuming you have the business model validated, and a large opportunity. You are now entering the rollout stage , with money required for marketing, hiring a full-time team, and a production process. Congratulations!

Angel Investor 232

Angel Investor Intellectual Property Investment Bankers Private Equity 232

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. 20th Century Tech Liquidity = Initial Public Offering. Here’s why it generates bad CEO behavior. Board Control.

Founder 252

Founder Technical Review CTO Hire IPO 252

YoungUpstarts

NOVEMBER 13, 2012

For years, the most desirable exit strategy for startup companies was to go public through an initial public offering. Their offer was rebuffed and the company went public five years later. Google reportedly turned down buyout offers from Microsoft shortly before the 2004 IPO. Unprofitable.

IPO 162

IPO Exit Strategy San Francisco Startup 162

Startup Professionals Musings

AUGUST 13, 2016

At this point, most Angel investors and a few early-stage VCs will be happy to talk, assuming you have the business model validated, and a large opportunity. You are now entering the rollout stage , with money required for marketing, hiring a full-time team, and a production process. Congratulations!

Matching 120

Matching Angel Investor Intellectual Property Investment Bankers 120

Reid Hoffman

MARCH 19, 2019

And from a financial perspective, any investor would be better off buying stock in Amazon than buying and share of a corner bookshop; if you invested $100 in Amazon’s 1997 initial public offering (IPO), those shares would have been worth about $120,000 in 2018. These companies didn’t blitzscale; they scaled sustainably.”.

Cofounder 28

Cofounder Business Model IPO Non-Compete 28

Startup Professionals Musings

NOVEMBER 2, 2018

Employs a profitable business model with customer traction. A winning business model, like Zappos, often benefits social needs as well as business needs. But business models need to be validated by paying customers (beyond free trials) before they are credible.

Intellectual Property 48

Intellectual Property Initial Public Offering Merger Acquisition 48

Version One Ventures

JUNE 7, 2016

This means that an IPO is the exit option for the most successful marketplaces. Be sure to set your expectations and business model accordingly. In fact, the only reason you’d ever acquire a marketplace is if it were a large, standalone unit that could grow on its own.

IPO 60

IPO Distribution Channel Business Model 60

Version One Ventures

JULY 20, 2015

immediately following its IPO). Bessemer offers a good overview of current valuations for different business models: SaaS, marketplaces, consumer, and ecommerce. Etsy had a market cap of about $2.22B as of July 20, with a revenue multiple of 8.2 and a GMV multiple of 0.92 (but note that its GMV multiple was as high as 1.7

Valuation 60

Valuation Early Stage IPO eCommerce 60

Growthink Blog

MAY 23, 2011

With this capital, the company propels itself to $50 million+ in revenues, and to either a sale to a strategic acquirer or to an initial public offering. Second, look for companies that have short and realistic liquidity (exit, IPO) timelines. For most companies, it is simply a non-starter. read more.

Angel Investor 112

Angel Investor Venture Capital Sweat Equity Cram Down 112

Growthink Blog

JULY 23, 2012

Try these statistics on for size, from 1999 to today Asia’s share of the world’s Initial Public Offerings grew from 12% to 66%. In that same time frame, United States IPO volume declined 75% in real terms and now accounts for less than 11% of the global total. Your India strategy? • How can they find you? This is HARD.

Africa 76

Africa Brazil India China 76

Startup Professionals Musings

JUNE 2, 2013

The single most important ingredient of success is not the idea, but having a team in place that has impeccable integrity, can iterate the product quickly, pivot the business model as necessary, and keep costs down in the process. That means merger and acquisition (M&A), not initial public offering (IPO).

Cram Down 269

Cram Down Angel Investor Intellectual Property Venture Capital 269

VC Cafe

JANUARY 15, 2024

With the IPO window closed, growth funding severely dwindled and multiples down as a result of the public market, unicorns face tough choices in 2024. With limited options for liquidity (M&A or IPO) and significantly less growth capital, unicorns face an uncertain future. trillion, according to CB Insights.

IPO 88

IPO Valuation Private Equity 88

online.wsj.com

SEPTEMBER 23, 2012

Overall, nonventure-backed companies fail more often than venture-backed companies in the first four years of existence, typically because they dont have the capital to keep going if the business model doesnt work, Harvards Mr. Ghosh says. Less than 1% are currently in IPO registration. 15 hrs ago. 17-21 [link]. Follow WSJ on.

Venture Capital 107

Venture Capital Software Review Rhode Island North Dakota 107