Steve Blank

MAY 29, 2011

Max entered Stanford in the fall of 2010 as a freshman, took as many of the engineering entrepreneurship classes as he could and independent study with me. (He They went to work gathering deep knowledege of what makes successful Internet startups. Max and his partners interviewed and analyzed over 650 early-stage Internet startups.

Technical Cofounder 333

Technical Cofounder Early Stage Startup Silicon Valley 333

Startup Professionals Musings

SEPTEMBER 6, 2010

Once you have a potential investor excited about your team, your product, and your company, the investor will inevitably ask “What is your company’s valuation?” How much is NewCo worth to investors at this point (pre-money valuation)? This is the most concrete valuation element, usually called the asset approach.

Valuation 234

Valuation Pre-Money Valuation NPV Startup 234

Gust

NOVEMBER 18, 2012

Once you have a potential investor excited about your team, your product, and your company, the investor will inevitably ask “What is your company’s valuation?” How much is NewCo worth to investors at this point (pre-money valuation)? This is the most concrete valuation element, usually called the asset approach.

Valuation 187

Valuation Pre-Money Valuation NPV Intellectual Property 187

Mucker Lab

MAY 28, 2020

Compass.co, a benchmarking and research service, analyzed 3,200 internet startups and found that 74 percent “fail due to premature scaling.” These lost startups land higher valuations, have larger teams, outsource more product development and spend more money on customer acquisition than their peers. Honestly, we don’t know.”?

Startup 78

Startup Cofounder Burn Rate Technical Review 78

Haystack

DECEMBER 29, 2018

Also during this time, the underlying metrics in that business can change positively, potentially trapping companies to accept the initially-agreed upon valuation. by a mile, continued to soar in volume and valuation. the firm may have a right to raise up to $100B but may not call all of it).

Technical Review 165

Technical Review Venture Capital Russia China 165

Both Sides of the Table

APRIL 15, 2010

They bought distribution and engineering talent. billion valuation. They only recently raised $30 million at around a $300 million valuation and THAT raised eyebrows. You go onto the Internet and can control what people hear on terrestrial radio. It offers Internet radio targeted advertising and is growing really well.

Venture Capital 271

Venture Capital Affiliate Valuation San Francisco 271

Version One Ventures

OCTOBER 15, 2020

Low fee: Lightning supports any size payment all the way down to sub 1 cent micropayments, which will unleash all kinds of new internet native, global commerce and even new payment types like “streaming” – imagine paying by the second for watching a movie or accessing car insurance. . Instead, we’ll own our own identity via LSATs. .

Networking 168

Networking Global OTC Security 168

Version One Ventures

DECEMBER 14, 2016

In other words, any correction in public valuations happened quickly and has now stabilized. From Series A and onwards, fundraising takes longer and valuations are typically below the expectations and benchmarks of 2015. Every 10-15 years, a major cycle reshapes the computing landscape: PC (1981), Internet (1994), Mobile (2007).

Technical Review 60

Technical Review Early Stage Portfolio Valuation 60

Both Sides of the Table

APRIL 26, 2016

In an eCommerce or Internet Services business it is often the marketing costs (if purchased online) and in an enterprise software company it is often marketing plus enterprise sales reps. This can be a spectacular situation IF there is freely available capital to fund the company at good valuations. The first input is CAC.

Metrics 150

Metrics Cost Acquisition Startup 150

Startup Lessons Learned

SEPTEMBER 22, 2008

I break the answer to that question down into three engines: Viral - this is the business model identified in the presentation as "Get Users." The law of large numbers (of customers) says you cant help but make at least some money - your valuation is determined by how well you monetize the tidal wave of growth.

San Francisco 167

San Francisco CPA SEM CTO Hire 167

www.entrepreneur.com

SEPTEMBER 22, 2011

Answers Ask Entrepreneur Home Business Operations Business Opportunities Sales & Marketing Advertising & PR Finance & Accounting Franchises Home Business Human Resources Internet/E-Commerce Legal Issues Starting Up Technology Most Recent Answers How Can I Streamline My E-Commerce Operation? In fact, it could be worth much more. Play Video.

Sweat Equity 55

Sweat Equity Equity Fractional CTO CTO 55

Startup Professionals Musings

SEPTEMBER 30, 2011

Once you have a potential investor excited about your team, your product, and your company, the investor will inevitably ask “What is your company’s valuation?” How much is NewCo worth to investors at this point (pre-money valuation)? This is the most concrete valuation element, usually called the asset approach.

Pre-Money Valuation 246

Pre-Money Valuation Valuation NPV Intellectual Property 246

David Cohen

MARCH 30, 2020

You are the engine of our future, after all. In 2000, the Internet bubble burst. Uber took the shockingly low valuation of $4m when raising it’s first $1.5m. 3m valuation. Less than a $2m valuation for their seed round. Now is the time for you to adapt, to show your strength. Use your advantages. Do more faster.

Founder 174

Founder Valuation Startup IP 174

David Teten

SEPTEMBER 23, 2017

My colleagues Sebastian Soler , Steven Greenberg and I recently launched a new online community, PEVCTech.com , exclusively for PE/VC investors; engineers who work at PE/VC funds; and other technologists who specialize in working on this problem. VC Firm. $ Tech % of workforce. Google Ventures (GV). 17% (13 / 80). 2) Raise capital.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

500hats.com

AUGUST 2, 2012

While a flood of new VCs came into existence during the late 90’s internet boom, many had difficulty raising new funds after the crashes of 2000-2001 and 2008 , and as a result significantly fewer fund managers exist now compared to a decade ago. Mega VC, Micro VC.

Silicon Valley 74

Silicon Valley Early Stage Venture Capital Valuation 74

crowdSPRING Blog

NOVEMBER 30, 2012

What Hasn’t Changed: The Internet Keeps Getting Bigger. … Checking In on Foursquare’s Valuation – [link]. Must-read for marketers … Reverse Engineering Facebook EdgeRank – [link]. How To Choose A Market For Your Startup Or Small Business – [link]. A VC: What Has Changed – [link].

Social Media 100

Social Media Small Business Central African Republic Design 100

Agile VC

OCTOBER 1, 2013

I believe we’re going to look back in 2-5 years and realize that we’ve been in a once a decade boom for internet & software startups. In the tech sphere, a good bit of air was let out of the tires when the hype around some consumer-facing internet companies proved transitory.

IPO 147

IPO Cloud Valuation Mobile 147

Startup Lessons Learned

OCTOBER 28, 2008

Most important slide: valuation Promising results Key questions: can you monetize that traffic? (or whos on the engineering team? Lean startups vs lean companies The engineering manager's lament Three decisions to make on virtual goods The App Store after the gold rush When NOT to listen to your users; when NOT to rely.

San Francisco 128

San Francisco Lean Continuous Deployment DC 128

VC Cafe

SEPTEMBER 26, 2010

Patents are nice but… in a consumer Internet business, it’s most likely that you aren’t re-inventing the wheel. For consumer web startups, the more traction you show, the better valuation you will get. Patented Technology? Who to raise from? Mike Butcher has a pretty good list here.

Elevator Pitch 103

Elevator Pitch Incubator Technical Review Startup 103

Cracking the Code

FEBRUARY 12, 2007

Thoughts from a Venture Capitalist on Software, Software-as-a-Service (SaaS), Cloud Computing, Internet and more. Labels: internet , Portfolio. Detailed SaaS Spreadsheet (Valuation and CAC benchmark). SaaS 13 Index Valuation. internet. (6). How the use of internet is transform. Monday, February 12, 2007.

Software Review 48

Software Review SEM Marketing Las Vegas 48

Steve Blank

JANUARY 4, 2010

In fact, Google’s offer for $15 Million was equal to the highest valuation from the venture firms. Their primary goal is a predictable revenue stream for the owner, with reasonable risk and reasonable effort and without the need to bring in world-class engineers and managers. The question was: what did the founders want to do?

Hockey Stick 276

Hockey Stick Venture Capital Startup Cofounder 276

Cracking the Code

JANUARY 28, 2008

Thoughts from a Venture Capitalist on Software, Software-as-a-Service (SaaS), Cloud Computing, Internet and more. The first internet wave managed to solve pretty well the "Where to buy" problem, with sites like Kelkoo , Shopzilla , NextTag , PriceGrabber, or Shopping.com. Detailed SaaS Spreadsheet (Valuation and CAC benchmark).

Software Review 48

Software Review Technical Review Los Angeles Europe 48

Start Up Blog

AUGUST 25, 2013

Alan is the Head of Engineering for Google Aust / NZ and has been in and around computers since the early 1980′s. When asked how one should value a company that doesn’t make any – he said the ‘Cisco Valuation Model’ is best. With serious time in the game he has some interesting stories.

Australia 80

Australia Startup Valuation Cofounder 80

www.mint.com

MARCH 9, 2010

What is the post-money valuation of your last round? Post-money valuation” is the value of the company after the last round of money was put in (again, lines of credit and promises don’t count). Has anyone in the engineering team actually shipped a product? You may think I’m kidding. The right answer is, “We’re a startup.

Software Review 68

Software Review Startup Post-Money Valuation Technical Review 68

YoungUpstarts

OCTOBER 9, 2018

However, since wallet addresses are stored on the public blockchain, there is a theoretical possibility to reverse engineer the identities of wallet holders.). At its simplest, hot storage refers to wallets that are connected to the Internet. Just plug it in to an internet-enabled device to transfer assets. Hot Storage.

Software Review 202

Software Review Technical Review Security Cofounder 202

Cracking the Code

JANUARY 22, 2009

Thoughts from a Venture Capitalist on Software, Software-as-a-Service (SaaS), Cloud Computing, Internet and more. Detailed SaaS Spreadsheet (Valuation and CAC benchmark). SaaS 13 Index Valuation. internet. (6). How the use of internet is transform. Cracking The Code. Thursday, January 22, 2009. at 11:17 AM.

Software Review 91

Software Review Clawback Sales Salary 91

ReadWriteStart

OCTOBER 16, 2010

As an investor, "if you are looking for the next Google, you don't care if you invest at a $20 million valuation because the company is going to be worth billions. It's going to be like the Internet bubble, just hopefully without the bursting.". But if you are looking at a company that's going to be acquired for $30 million.

Founder 159

Founder Cofounder Silicon Valley Bootstrapping 159

genylabs.typepad.com

SEPTEMBER 24, 2011

Interest in this waned when the Internet bust resulted in most tech start-up equity becoming worthless, but it seems to be coming back. I wont bother going into details on start-up financing terms ( see this post for an overview of typical VC terms) except to say if you dont know and understand: the firms cap table and valuation.

Equity 40

Equity Technical Review San Jose Stock 40

Steve Blank

APRIL 5, 2017

My engineers say our website is old school, and we need to be on Facebook, Twitter and Instagram, my VP of Sales says we’re wasting our marketing dollars not targeting the right people and my board keeps giving me their opinions of how we should describe our product and company. they’ll win.). Step 3: Media. broadcast (TV, radio, etc.)

Marketing 310

Marketing Audience Technical Review PR 310

ReadWriteStart

AUGUST 26, 2022

He focuses on investments in fintech, the internet, and software. You need to know all the people I’ve hired or the people I’m about to hire, whether up and down the stack, people in the engineering team, people on the C-suite management team, and what we expect from them. That’s a valuation number and pricing number.

Partner 132

Partner Cofounder Retention Acquisition 132

David Teten

DECEMBER 3, 2019

Meyler Capital is taking the analytical rigor of modern internet marketing and applying it to fund marketing. . GF Data collects and publishes proprietary valuation, volume, leverage and key deal term data contributed by over 200 lower-middle market private equity funds and other deal sponsors, providing a unique negotiating tool.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Gust

NOVEMBER 28, 2011

You may have great credentials as a public servant in your home town, but that won’t get you money to build a social network on the Internet, or start a software company. You can learn a lot about a new technology from Wikipedia and scouring the Internet, but probably not enough to qualify you as CEO of a new company in that area.

Startup 147

Startup Bootstrapping Social Network Internet 147

View from Seed

FEBRUARY 16, 2016

As of January 20, 2016, based on the “CrunchBase Unicorn Leaderboard,” there are 157 unicorns (companies with $1 billion+ valuations) which have not IPOed or been acquired—and more start-ups reaching unicorn status every day. MBA Unicorns Weigh Heavily Toward Software, Consumer Internet, and E-Commerce. Key Insights. that of GSB).

Programming 120

Programming St. Louis Cofounder India 120

ReadWriteStart

JANUARY 27, 2011

And, oh by the way, we also really like the idea of the 1M/1M entrepreneurs building valuation and negotiating leverage through these business development efforts, instead of signing off large chunks of their company in form of equity early on. It certainly will be a better way to bootstrap the company. Photo by nosheep. Discuss.

Dilution 114

Dilution Revenue Finance Entrepreneur 114

Steve Blank

OCTOBER 24, 2017

A CEO brought in from a large company came with all the big company accoutrements – org charts, HR departments with formal processes and procedure handbooks, formal waterfall engineering methodology, sales compensation plans, etc. — all great things when you are executing and scaling a known business model.

Founder 245

Founder Technical Review CTO Hire IPO 245

Both Sides of the Table

DECEMBER 5, 2010

The Bridge Between Online Services & The Internet: AOL. It was an online community like CompuServe and eventually started offering people dial-up access to the Internet for a monthly fee. They had a proprietary browser, their own search engine, their own content, chat rooms, email system, etc. And then came AOL.

Social Network 318

Social Network Networking Internet Technical Review 318

Both Sides of the Table

MARCH 1, 2011

Mike believed that search was an essential part of the Internet experience, and he guessed that it would evolve towards commercial search. Mike believed that any valuable page was going to be monetizable on a cost-per-click basis in relation to every page on the Internet. He decided to join. How Quigo Went Head-to-Head With Google.

Semantic 302

Semantic Acquisition Valuation Angel Investor 302