Steve Blank

JULY 15, 2010

If you take funding from a venture capital firm or angel investor and want to build a large, enduring company (rather than sell it to the highest bidder), this isn’t the decade to do it. The collapse of the IPO market and dysfunctional math in the venture capital community has stacked the odds against you.

Venture Capital 297

Venture Capital IPO Liquidity Event Entrepreneur 297

Pascal's View

SEPTEMBER 7, 2009

Unfortunately, Mr. Slywotzky makes an important assertion about venture capital that is incorrect. 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.

IPO 38

IPO Venture Capital America Marketing 38

Startup Professionals Musings

AUGUST 19, 2018

Different types of investors tend to specialize in capitalizing on businesses at different stages. Venture capital firms look for the most mature companies they can find, Angel investors typically deal a tier lower, while friends and family are most likely to help you get started. Congratulations!

Angel Investor 184

Angel Investor Intellectual Property Investment Bankers Private Equity 184

The Equity Kicker

DECEMBER 6, 2013

The next observation is that the generally improving economy and strong exit environment (60 venture backed IPOs so far this year) are justifications for some level of increase. Venture Capital'

Valuation 162

Valuation Venture Capital Startup Europe 162

Startup Professionals Musings

MAY 20, 2016

With the advent and growth of crowdfunding over the past few years, many entrepreneurs have predicted the demise of those demanding angel investment groups and venture capital organizations. Investors cannot verify accountability or governance. In equity crowdfunding, no investor is representing their own interest.

Angel Groups 136

Angel Groups Accredited Investor Equity Due Diligence 136

Startup Professionals Musings

JULY 4, 2014

Different types of investors tend to specialize in capitalizing on businesses at different stages. Venture capital firms look for the most mature companies they can find, Angel investors typically deal a tier lower, while friends and family are most likely to help you get started. Congratulations!

Angel Investor 232

Angel Investor Intellectual Property Investment Bankers Private Equity 232

The Next Web

FEBRUARY 24, 2014

One of the most recent success story is the IPO of QIWI plc on the NASDAQ in May 2013. QIWI plc is the largest Russian operator of electronic payment systems and was founded by a group of iTech Capital LPs. Since the date of the IPO, the company has tripled in size. The role of the Russian Government.

Russia 140

Russia Europe Government Vertical 140

Startup Professionals Musings

AUGUST 13, 2016

Different types of investors tend to specialize in capitalizing on businesses at different stages. Venture capital firms look for the most mature companies they can find, Angel investors typically deal a tier lower, while friends and family are most likely to help you get started. Congratulations!

Matching 120

Matching Angel Investor Intellectual Property Investment Bankers 120

Both Sides of the Table

JULY 1, 2010

Scott left the company, which eventually IPO’d and became Internet Brands. Offers two products: Palantir Government and Palantir Finance. Used by hedge funds, the intelligence community and multiple government agencies. Tags: This Week in Venture Capital. Total raised: $125mm See: TechCrunch.

San Francisco 248

San Francisco Venture Capital Analytics Government 248

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.”

IPO 40

IPO Merger Institutional Investors Venture Capital 40

Seeing Both Sides

APRIL 10, 2011

In May 1996, Open Market completed a successful IPO and more than doubled on the first day of trading, ending with a $1.2 billion market capitalization. The Internet bull market continued to run for four more years after the Open Market IPO, finally ending in the spring of 2000. This IPO and others like it (e.g.,

IPO 48

IPO IRR Brazil Government 48

VC Cafe

APRIL 29, 2020

Source: NVCA , “Startup Ecosystem Faces Capital Crunch over Coming Months” USA – SBA Loans and PPP. The $349 billion aid package issued by the US Government and distributed in the form of SBA loans was quickly gobbled up by a large number of applications, many of which were from venture-backed or PE-backed startups.

SBA 124

SBA Technical Review Startup 124

VC Cafe

JANUARY 2, 2023

As Vintage Venture Partners put it in a recent presentation shared in Tel Aviv , 2022 started off well but fell of a cliff in the second half (the slides were shared on Twitter by Amitai Ziv from Tech 12 ). Israeli venture funding dropped 40% compared to 2021, from $28.7 The case for US venture capital outperformance ( source ).

Valuation 158

Valuation Down Round Venture Capital 158

abovethecrowd.com

APRIL 20, 2016

All Unicorn participants — founders, company employees, venture investors and their limited partners (LPs) — are seeing their fortunes put at risk from the very nature of the Unicorn phenomenon itself. About this same point in time, the journalists that focus specifically on the venture capital industry noted something quite profound.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

online.wsj.com

JULY 11, 2012

Over the past two years, one of the most influential venture-capital firms has turned the usual rules of start-up investing on its head. In the early days of venture capital, when money was scarce, entrepreneurs often gave up control of their company in exchange for their first investment funds. LUBLIN And SPENCER E.

Silicon Valley 42

Silicon Valley Founder Software Review Technical Review 42

www.paulgraham.com

APRIL 28, 2010

In an IPO, it might not merely addexpense, but change the outcome. A lawyer I asked about it said: When the company goes public, the SEC will carefully study all prior issuances of stock by the company and demand that it take immediate action to cure any past violations of securities laws. 6 ]Ive omitted one source: government grants.

Technical Review 76

Technical Review Startup Software Review Angel Investor 76

Pascal's View

MARCH 9, 2010

This is the second in our series of ten frequently asked questions from investors in venture capital partnerships. To address the broader point about accuracy in book valuation, I am concerned that the developing industry standard for venture capital is at risk of going too far while providing no real benefit to investors.

Government 31

Government Private Equity Institutional Investors Venture Capital 31

Cracking the Code

OCTOBER 10, 2008

Only after reaching $1M in CMRR should you consider hiring European sales and services execs behind customer demand. Save Asia for post-IPO Single instance, multi-tenant, single datacenter - Have only one version of the code in production. Save Asia for post-IPO. Load up for the long trip and pace your consumption of calories!

Software Review 48

Software Review North America Europe Metrics 48

Both Sides of the Table

AUGUST 30, 2010

And when you further strip out any employment created by government stimulus that is uncertain to continue going forward we know that the country is not creating enough jobs. Government programs led to the law of “unintended consequences”: Our housing slump now is continuing well beyond where many people had hoped it would be by now.

Entrepreneur 298

Entrepreneur Technical Review Balance Sheet Government 298

abovethecrowd.com

JUNE 2, 2021

On March 26, SoFi announced that “it will be offering its members (at least those with $3K in their account) the ability to invest in IPOs for companies going public, an investment opportunity that has traditionally been reserved for large institutional investors or ultra-high-net-worth individuals.”

IPO 82

IPO Customer Matching Silicon Valley 82

Reid Hoffman

JANUARY 13, 2021

There wasn’t like an IPO – this amazing IPO that just happened. What I think is interesting – and we’re seeing some very good possibilities with SPACs – is the question of how you essentially create new innovation in the IPO process. I think SPACs give an interesting innovation to IPOs for setting it up that way.

Incubator 36

Incubator IPO Networking Cofounder 36