thebarefootvc

JANUARY 27, 2014

I think that later stage valuations are frothy (for reasons I explain below) while earlier stage valuations are starting to stabilize from previous highs (with the exception of the superstar serial entrepreneur) - turns out scaling in a sea of competition (both startup and entrenched) is not so easy. Or so it seems.

Technical Review 63

Technical Review Valuation Venture Capital Investment Bankers 63

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 Lower valuations , especially in later stage.

Valuation 158

Valuation Down Round Venture Capital 158

The Equity Kicker

AUGUST 19, 2015

If you read this Techrunch post profiling 50 of the current YC companies you will notice that many of them are up and running with customers and revenues. In the words of an alum from the 2006 cohort: Companies are joining YC at a much later stage. Better often means less risky, and hence more mature companies.

Later Stage 60

Later Stage Private Equity Venture Capital Valuation 60

Steve Blank

JUNE 11, 2013

The test is: If you add one more sales person or spend more marketing dollars, does your sales revenue go up by more than your expenses? What are revenue strategy and pricing tactics? These sources are a lot more forgiving of iterations and pivots than later-stage venture-capital funds. Venture Capital'

Venture Capital 333

Venture Capital IRR Liquidity Event Business Model 333

Startup Professionals Musings

AUGUST 2, 2014

Too many entrepreneurs tell me they are looking for an investor, and can’t differentiate between venture capital (VC) investors versus accredited Angel investors. The amounts from Angels start as low as $25K, while minimum venture capital amounts usually start in the $2M range. In fact, the reality is quite the opposite.

Angel Investor 266

Angel Investor Entrepreneur Venture Capital IRR 266

Ben's Blog

MAY 24, 2021

billion multi-stage venture capital firm focused on IT-related investments… I also serve on various investment committees, including for the St. Jude Children’s Cancer Hospital and the Stanford Medical Center, and teach entrepreneurship and venture capital at the Stanford Graduate School of Business.

SEC 36

SEC Accredited Investor IPO Technical Review 36

Steve Blank

JUNE 11, 2013

The test is: If you add one more sales person or spend more marketing dollars, does your sales revenue go up by more than your expenses? What are revenue strategy and pricing tactics? These sources are a lot more forgiving of iterations and pivots than later-stage venture-capital funds. Venture Capital'

Venture Capital 225

Venture Capital IRR Liquidity Event Business Model 225

Startup Professionals Musings

FEBRUARY 5, 2012

You also will find that the stage your startup is in dictates where you go to seek funding. Funding sources specialize in certain growth stages. Angel investors typically provide early-stage funding, while venture capital firms typically come in at later stages. Funding or rollout stage.

Investment Bankers 241

Investment Bankers Venture Capital Startup Initial Public Offering 241

The Next Web

SEPTEMBER 13, 2013

The venture capital landscape in Asia is varied and complex, as most of the active firms on the continent are concentrated in just a few areas. The rest of Asia is still developing with far more angel and early-stage investors than mid-to-later stage folks. Golden Gate Ventures , Jungle Ventures , etc.),

Asia 132

Asia Silicon Valley India Term Sheet 132

Both Sides of the Table

JUNE 5, 2011

The earlier you invest the higher the chances the company won’t work out and thus you pay a lower price than later-stage investors. million post-money valuation with no revenue. So how exactly are prices determined? There is no great science to it. I raised my A round at a $31.5 It was early 2000. That was market.

Pre-Money Valuation 336

Pre-Money Valuation Valuation Silicon Valley Stock 336

Startup Professionals Musings

OCTOBER 13, 2010

You also will find that the stage your startup is in dictates where you go to seek funding. Funding sources specialize in certain growth stages. Angel investors typically provide early-stage funding, while venture capital firms typically come in at later stages. Funding or rollout stage.

Investment Bankers 231

Investment Bankers Venture Capital Startup Initial Public Offering 231

Gust

NOVEMBER 22, 2011

You also will find that the stage your startup is in dictates where you go to seek funding. Funding sources specialize in certain growth stages. Angel investors typically provide early-stage funding, while venture capital firms typically come in at later stages. Funding or rollout stage.

Venture Capital 171

Venture Capital Investment Bankers Angel Investor Initial Public Offering 171

Steve Blank

JUNE 15, 2011

Long before others, they saw that these applications could have hundreds of millions of users with “off the chart&# revenue and profits. The awareness phase is where other later-stage investors start to notice the momentum, bringing additional money in and pushing prices higher. Filed under: Venture Capital.

Silicon Valley 327

Silicon Valley Stealth Valuation Mississippi 327

Startup Professionals Musings

JUNE 5, 2016

Too many entrepreneurs tell me they are looking for an investor, and can’t differentiate between venture capital (VC) investors versus accredited Angel investors. The amounts from Angels start as low as $25K, while minimum venture capital amounts usually start in the $2M range. In fact, the reality is quite the opposite.

Angel Investor 120

Angel Investor IRR Valuation Startup 120

David Teten

SEPTEMBER 5, 2014

I’ve written on the expert network industry a fair amount in the past: see How to Earn More Consulting Revenue from Expert Networks and How Executives Can Work with Private Equity and Venture Capital Portfolio Companies. We’re not mainly for B2B companies or later stage companies or anything like that.

New York 114

New York Technical Review Networking Advisory Board 114

techcrunch.com

FEBRUARY 19, 2010

Researchers polled experts in lending, mezzanine capital, private equity, venture capital and private businesses themselves. Not a big shock, but things don’t look pretty, especially in the venture capital world. 41% of them feel that they qualify for venture capital funding. Add to this that 72.7%

Venture Capital 62

Venture Capital Technical Review Sweat Equity Valuation 62

Both Sides of the Table

FEBRUARY 14, 2016

Most venture capitalists who have been in this business for a long time foresaw this correction and have been talking about it privately for the better part of the last year or two. The Laws of Supply & Demand. The most basic chart of microeconomics is a supply & demand curve. Now for every dollar a VC raises $2.50

Valuation 150

Valuation Down Round Startup Later Stage 150

K9 Ventures

OCTOBER 10, 2017

You see, Dan knows more about venture than most people; and if Dan isn’t aware that “pre-seed is a thing,” then I haven’t done a good enough job of explaining to the world what I and K9 do! Seed is the new Series A. (~$2M used get for building product, establishing product-market fit and early revenue). Series A is the new Series B. (~6M-$15M

Seed Stage 82

Seed Stage Finance Later Stage Equity 82

This is going to be BIG.

MARCH 30, 2015

Because most internet business concepts were not capable of productively employing tens of millions of dollars of venture capital does not mean they were bad ideas." Because companies today have way more revenues than the companies that went public or had huge up rounds back then. There are lots of those around.

Hockey Stick 60

Hockey Stick Valuation Startup Maryland 60

abovethecrowd.com

APRIL 20, 2016

A high performing, high-growth SAAS company that may have been worth 10 or more times revenue was suddenly worth 4-7 times revenue. About this same point in time, the journalists that focus specifically on the venture capital industry noted something quite profound. Competition also has access to capital.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

Software By Rob

JANUARY 8, 2019

Hundreds and hundreds of tweets, re-tweets, likes, Hacker News upvotes, email responses…it was immediately obvious that there is pent up demand for this kind of alternative early-stage startup funding. We’re a SaaS accelerator, and accelerators focus on early-stage companies. The response was overwhelming.

Early Stage 46

Early Stage Valuation Seed Capital Revenue 46

Both Sides of the Table

MAY 13, 2018

For simplicity I’ll assume you’ve raised some money from angels or seed investors and you’re either raising an A round or a B round of venture capital. People who believe the former believe that you should see the market demand before too many people know you’re “in market.” these are simply guidelines.

Term Sheet 332

Term Sheet Due Diligence Campaign Sales 332

VC Cafe

JANUARY 10, 2011

Zend has shown significant traction, having reached record revenue growth in 2010, while servicing large enterprise clients such as NYSE Euronext, GE and Cisco.

Private Equity 87

Private Equity Equity PHP 87

Steve Blank

OCTOBER 1, 2009

Sloan put in place GM’s management accounting system (borrowed from DuPont) that for the first time allowed the company to: 1) produce an annual operating forecast that compared each division’s forecast (revenue, costs, capital requirements and return on investment) with the company’s financial goals. auto market with 60% of the U.S.

Silicon Valley 156

Silicon Valley United States RSS Customer Development 156

techcrunch.com

OCTOBER 23, 2010

The timing is perfect, there is more than a little overlap with Vivek Wadhwa’s guest post on venture capital earlier today. One of the things I do as a founder of a later stage startup is to meet with early stage entrepreneurs to help them get their companies going. Johnny Good post. Seriously mean it too.

Technical Review 84

Technical Review Cofounder Technical Cofounder Software Review 84

www.paulgraham.com

APRIL 28, 2010

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. There never has to be atime when you have no revenues. The problems are different in the early stages.

Technical Review 76

Technical Review Startup Software Review Angel Investor 76