Both Sides of the Table

AUGUST 8, 2009

Your friends and advisers tell you that this means you need revenue because in this economy VC’s will only fund businesses with revenue. So if it’s not necessarily revenue that’s preventing an investment, then WTF is traction? Fund raising is an ongoing process and not an event on a workplan.

Technical Review 309

Technical Review Term Sheet Venture Capital Revenue 309

David Teten

JULY 12, 2013

Distribute press releases on free sites like Free Press Release and PRLog.com. Identifying your company with charitable events or auctions helps you build positive brand sentiment. Host an event. ff Venture Capital recently hosted an event in its offices to feature two of its portfolio companies: MovableInk and Parse.ly.

PR 114

PR Public Relations Startup Technical Review 114

Austin Startup

AUGUST 7, 2017

Instead of arguing why Dallas might be better than Houston we should be talking about how we can work together to get our share of venture capital dollars more in line with our population size and startup activity by unlocking additional capital sources that have been previously inaccessible to tech.

Texas 97

Texas San Antonio Houston Dallas 97

This is going to be BIG.

MAY 5, 2023

It will be the 105th deal out of Brooklyn Bridge Ventures, the firm I started back in September 2012, and it will be the last deal I’ll be making out of my third fund. It will also be my last venture capital deal. For me, I don’t mind sharing how I think about it.

Later Stage 218

Later Stage Venture Capital Term Sheet Limited Partner 218

Steve Blank

NOVEMBER 16, 2009

I was in New York last week with my class at Columbia University and several events made me realize that the Customer Development model needs to better describe its fit with web-based businesses. Dancing Around the Question Union Square Ventures was kind enough to sponsor a meetup the night before my class.

Customer Development 219

Customer Development Web Developer Customer 219

Both Sides of the Table

MARCH 25, 2016

It turns out that to build a successful company you ultimately need this strange thing called “revenue” that people don’t just hand you: You need to earn it. And there’s this other thing called “gross margin,” which shows the quality of your revenue. How much ad revenue does TripAdvisor make?

Startup 150

Startup Seed Money DC Software Review 150

This is going to be BIG.

JULY 8, 2013

I probably get around a dozen e-mails a week asking me how to get into venture capital. On top of that, anytime I talk to anyone who wants to get involved in startups but isn''t sure what they want to do, inevitably, I hear, "And then I was thinking maybe I should look into venture capital, too.".

Venture Capital 167

Venture Capital Early Stage Portfolio Private Equity 167

David Teten

JULY 12, 2013

Distribute press releases on free sites like Free Press Release and PRLog.com. Identifying your company with charitable events or auctions helps you build positive brand sentiment. Host an event. ff Venture Capital recently hosted an event in its offices to feature two of its portfolio companies: MovableInk and Parse.ly.

PR 60

PR Public Relations Startup Technical Review 60

A Smart Bear: Startups and Marketing for Geeks

JULY 24, 2012

It’s rich contact management, event planning, notification services, and task management, but at the family level. It’s quite simple, which is when you had systems where you had limitations on distribution or transportation of products, it enabled you to operate with a certain cost structure. What would they say it is?

Silicon Valley 204

Silicon Valley Software Review Internet Technical Review 204

Both Sides of the Table

DECEMBER 22, 2011

In any event, they had such scale advantages in providing this Internet infrastructure that to this day nobody in the industry has come close to matching them. As far as I know, the revenue in AWS is not publicly broken out but the last rumor I heard was that it had crossed $1 billion per year. is getting 3 million views.

Non-Compete 386

Non-Compete Startup Internet Cost 386

Life Beyond Code

SEPTEMBER 27, 2011

One Million by One Million is a global initiative that aims to nurture a million entrepreneurs reach a million dollars each in annual revenue and beyond by 2020, thereby creating a trillion dollars in global GDP and ten million jobs. This is where numerous ventures fail. a distributed, democratic model of capitalism.

Programming 116

Programming Silicon Valley Bootstrapping Technical Review 116

ReadWriteStart

OCTOBER 6, 2011

Sramana Mitra is the founder of the One Million by One Million (1M/1M) initiative, an educational, business development and incubation program that aims to help one million entrepreneurs globally to reach $1 million in revenue and beyond. This is where numerous ventures fail. a distributed, democratic model of capitalism.

Silicon Valley 118

Silicon Valley India San Francisco Entrepreneur 118

Both Sides of the Table

MARCH 11, 2011

I thing I’ve learned over the years is that technology purists hate advertising even when it is that revenue stream that truthfully drives much of our industry. He came up to Bill after the event and said, “clever idea, we should do that with you.&# Immediately thereafter Amazon became a large business.

Product 350

Product Tuvalu Dilution Incubator 350

Steve Blank

AUGUST 5, 2010

Consumer Internet investing seems to have split off from traditional Venture Capital, and is creating a new category of VC’s: Lean VC’s. Electron-based Venture Capital. When I first came to Silicon Valley the world of Venture Capital looked pretty simple. Here’s why.

Lean 258

Lean Internet Silicon Valley Venture Capital 258

Both Sides of the Table

MARCH 3, 2013

I hope to be asked back for next year’s event. Obviously that barrier has been brought down with low-cost ability to capture, stream and distribute content over the Internet. Venture Capital. VC can’t don’t invest in these kinds of companies because they can’t get out (no liquidity event).

Bankruptcy 403

Bankruptcy Offshore Liquidation Preference Balance Sheet 403

Steve Blank

JULY 2, 2009

To an entrepreneur, being asked to join a venture firm with an Entrepreneur-in-Residence title means you have been tapped on the shoulder by the VC gods. The CDROM content business in the early 1990’s was one of the many of the long line of venture capital fads. We understood none of this. More detail in future posts.

Silicon Valley 120

Silicon Valley Technical Review RSS Software Review 120

ReadWriteStart

APRIL 1, 2020

The most alarming recent data is the millions that filed for unemployment in a single week–the largest such black swan event in the history of the country. If there is a silver lining to all of this, it is that such events are often breeding grounds for innovation, pivots, startups and the birth of new companies. Alarming indeed.

Startup 120

Startup SEO Private Equity Venture Capital 120

Up and Running

MAY 23, 2016

In fact, SaaS industry revenue is projected to grow from $49 billion in 2015 to $67 billion in 2018, a compound annual growth rate of approximately eight percent. At this stage, simply list your primary revenue streams and your key expenses. At this stage, simply list your primary revenue streams and your key expenses.

Software Review 74

Software Review Software Delaware Forecast 74

www.inc.com

SEPTEMBER 24, 2011

Dave Graham Business Venture Capital Private Equity GlobalLogic Inc. Venture Capital Firms. Because many of these businesses dont yet have revenue, valuation discussions arent very scientific, and the process requires some haggling. Arizona Bay has also blended equity payments with revenue-sharing deals.

Arizona 40

Arizona Equity Iowa Venture Capital 40

Startup Lessons Learned

AUGUST 24, 2009

One is explaining the world as it used to work: the importance of gatekeepers, the scarcity implied by limited distribution, and the resulting quality bar that the industry is so proud of. Mostly it is the time and expense required to create the means of distribution for that industry. It’s just taking some longer than others.

San Francisco 113

San Francisco Lean Technical Review Distribution 113

VC Cafe

NOVEMBER 11, 2011

BigBand Networks, which has more than 200 customers in North America, Asia and Europe, provides broadband service providers with digital video networking solutions designed to make it easier to distribute, manage and monetize video. Fifty of its manufacturing activities and 70% of its consolidated revenues derive from global operations.

Peru 96

Peru Technical Review North America 96

SoCal CTO

MARCH 22, 2007

It seems that four different models of "discussion creation" have occurred: Organice Discussion - someone posts something interesting, lots of bloggers post on the topic, distributed discussion ensues. event I did last fall. He is a frequent speaker at industry and academic events. See Five Things Meme as an example.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles CTO Hire 150

Steve Blank

MARCH 18, 2011

VC’s worked with entrepreneurs to build profitable and scalable businesses, with increasing revenue and consistent profitability – quarter after quarter. The reward for doing so was a liquidity event via an Initial Public Offering. The old rules of sustainable revenue and consistent profitability went out the window.

Internet 334

Internet IPO Silicon Valley Agile 334

Both Sides of the Table

JUNE 12, 2010

We had a special edition of This Week in Venture Capital this week shooting out of the Next New Networks offices in New York. Our guest was Mo Koyfman of Spark Capital. We also discussed having distributed teams (e.g. Company grew by more than “400% each year” for past few years [assume growth metric = revenues].

Venture Capital 217

Venture Capital Los Angeles Oakland Asia 217

Steve Blank

JULY 19, 2010

The fallacy is believing that a founders value is evenly distributed over four years. Where’s My Liquidity Event. The goal of your business model can be revenue, or profits, or users, or click-throughs (or even just to get the technology into production) – whatever the founders and their investors have agreed upon.

Vesting 251

Vesting Liquidity Event Venture Capital Founder Vesting 251

Both Sides of the Table

JULY 10, 2010

This episode of This Week in Venture Capital featured Michael Montgomery, president of Montgomery & Co. The Montgomery Conference : one of the top technology events of the annual calendar in the United States and held every March. Should you use investment banks to raise venture capital? We discussed: 1.

IPO 242

IPO Venture Capital Private Placement Cofounder 242

Austin Startup

FEBRUARY 11, 2019

They focus on helping content creators and app developers create, identify, package and distribute those meaningful video highlights in ways that help them reach more customers and generate more revenue. Startups are supportive of one another and regularly share learnings at Startup Grind and other events.

Sacramento 73

Sacramento San Jose Startup Distribution 73

Both Sides of the Table

SEPTEMBER 17, 2017

For example, distribution to find new apps in a mobile Internet is tightly locked down by the oligopoly of Apple and Google. Distribution of media is tightly controlled by YouTube, Netflix, Facebook, Amazon and a handful of others. Our social graphs are locked in Facebook, Twitter and Snapchat. Enter the decentralized Internet.

Government 280

Government Distribution Stock United States 280

The Equity Kicker

MAY 14, 2012

There are certain types of events that investors look to as evidence that a company has overcome certain challenges and has therefore reduced risk in the business and become deserving of a higher valuation. achieving first revenues. breaking through revenue thresholds – e.g. run-rates of £1m, £5m, £20m and so on.

Finance 118

Finance Valuation Venture Capital Dilution 118

www.chubbybrain.com

SEPTEMBER 28, 2011

The negativity either impacted investment funding (venture capital fell off a cliff in 2009) or the customers they were targeted as was the case for Untitled Partners who were building a platform for fractional art ownership. spent $20 million to get back to the same revenue that I had when I was CEO. During this year they.

Cofounder 89

Cofounder Startup Technical Cofounder CTO Hire 89

abovethecrowd.com

APRIL 20, 2016

Perhaps the seminal bubble-popping event was John Carreyrou’s October 16th investigative analysis of Theranos in the Wall Street Journal. A high performing, high-growth SAAS company that may have been worth 10 or more times revenue was suddenly worth 4-7 times revenue. Competition also has access to capital.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

VC Cafe

NOVEMBER 28, 2010

Previous Celeno investors Pitango Venture Capital , Greylock Partners , Miven Venture Partners, and Cisco Systems Inc. In addition to Intel Capital, investors include Pitango Venture Capital , Battery Ventures , and strategic investors. also participated in the round. official announcement ].

Flash 94

Flash Venture Capital Acquisition 94

Growthink Blog

MAY 23, 2011

Through connections, or through a chance meeting at a networking or social event, an angel investor hears the entrepreneur's story, likes them and their technology, and on the spot, writes a check to provide the company with its first outside financing. Venture capitalists Have Very Different Objectives than Angel Investors.

Angel Investor 112

Angel Investor Venture Capital Sweat Equity Cram Down 112

Tim Keane

JANUARY 12, 2010

  I’ve sat down with entrepreneurs and a copy of a term sheet guide I like [ “Term Sheets & Valuations - A Line by Line Look at the Intricacies of Venture Capital Term Sheets & Valuations ” by Alex Wilmerding, Aspatore Press.] and walked through each proposed term and why it is or isn’t important.

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

Growthink Blog

AUGUST 18, 2012

But unfortunately, that's not how raising capital works. One key reason for this is that most sources of money, like banks and institutional equity investors (defined as institutions like venture capital firms, private equity firms and corporations that invest), are essentially professional risk managers.

Private Equity 116

Private Equity Equity Revenue Security 116

Austin Startup

DECEMBER 20, 2020

Andy is a global thought leader in remote work, telecommuting, and distributed workforces having served as CEO of Crossover and Sococo and on the board of Texas Central, our new bullet train. Bob invented Ethernet, founded 3Com (revenues of $5.7B), was the Editor of InfoWorld magazine, and was a venture capitalist at Polaris in Boston.

Austin 110

Austin Texas Cofounder Los Angeles 110

Growthink Blog

MARCH 8, 2013

Most sources of money, like banks and institutional equity investors (defined as institutions like venture capital firms, private equity firms and corporations that invest), are essentially professional risk managers. Let me explain. You merely raise enough money to achieve your initial milestones.

Private Equity 101

Private Equity Equity Revenue Security 101