Steve Blank

DECEMBER 9, 2013

I used to be in startups where I was dealing with engineers designing our microprocessors or selling supercomputers to research scientists solving really interesting technical problems. Is it a small business that hits $4 million in revenue in four years and $8 million in ten years?

Cofounder 326

Cofounder Technical Cofounder Liquidity Event Lean 326

Steve Blank

JANUARY 22, 2014

Dino Vendetti a VC at Bay Partners, moved up to Bend, Oregon on a mission to engineer Bend into a regional technology cluster. Part 3: Engineering a Regional Tech Cluster. The reality is that the super vast majority of liquidity events are M&A and the majority of those are in the under $100M range. ——-.

Early Stage 287

Early Stage Silicon Valley Oregon Technical Review 287

SoCal CTO

SEPTEMBER 27, 2011

I've talked about this topic before in How Investors Think About Valuation of Pre-Revenue Startups. But the more important rationale is raised in the following about why employees most often do not have significant outcomes even in fairly positive liquidity events. Lead Engineer 0.5 – 1 5+ years experience Engineer 0.33 – 0.66

Early Stage 391

Early Stage Equity CTO Hire Sweat Equity 391

Berkonomics

JANUARY 5, 2023

If the target company can show a ten percent EBITDA (earnings before interest, tax, depreciation and amortization), then the acquisition team should be able to create a way to make the resulting acquisition yield forty percent EBITDA after re–engineering the combined entity. That’s quite a goal to achieve. The second rule: The 20/20 rule.

Acquisition 62

Acquisition .Net Retention Sales 62

David Teten

MARCH 14, 2018

VC is a “get rich slow” business, because most VC Partners will not see a carry check for 5-10 years, after waiting for both liquidity events and for LPs to be paid first. We particularly help companies in winning revenue from our LP network and raising capital for subsequent rounds from top-tier late-stage investors.

Private Equity 60

Private Equity Venture Capital Equity Cofounder 60

Berkonomics

MARCH 21, 2019

If you are a going business with a track record of revenues, then the importance of accurate current financial statements cannot be overstated. If there is no record of revenues, see the “The Berkus Method” available with any search query for valuing the business before revenues. Let’s start with the basics.

Hockey Stick 63

Hockey Stick Liquidity Event Valuation Balance Sheet 63

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. For VC’s and entrepreneurs the gold rush to liquidity was on. The New Exits.

Internet 334

Internet IPO Silicon Valley Agile 334