Hearpreneur

JANUARY 22, 2023

6- Datafication Photo Credit: Edward Mellett Datafication, in my perspective, is the transformation of everything in our lives into data-powered devices or software. In recent years, eCommerce companies have begun to increase revenue by selling products directly via social media networks. Thanks to Jaden Oh, TRAFFV ! #6-

Artificial Inteligence 124

Artificial Inteligence Technical Review Entrepreneur Social Media 124

ReadWriteStart

OCTOBER 7, 2010

At today's roundtable we had some interesting companies and a lot of fundraising discussions, and I will review them shortly. As a thumb rule, try to get enough validation so that you can get to at least a $2 million pre-money valuation before raising equity capital. Bottom line, early stage equity is very, very expensive.

Valuation 119

Valuation Silicon Valley Pre-Money Valuation Bootstrapping 119

Steve Blank

OCTOBER 24, 2017

A version of this article is in the Harvard Business Review. — Unremarked and unheralded, the balance of power between startup CEOs and their investors has radically changed: IPOs/M&A without a profit (or at times revenue) have become the norm. This seems to be occurring more and more. And while new markets were created (i.e.

Founder 256

Founder Technical Review CTO Hire IPO 256

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. Enterprise software companies also should measure CAC even though it, too, is an imprecise science. This is how much you spend to get a new customer.

Metrics 150

Metrics Cost Acquisition Startup 150

Agile VC

APRIL 17, 2011

Kayak was started here in my backyard of Boston… co-founder & CTO Paul English and the product/engineering team is based here in Concord MA. Now that Google’s acquisition of ITA is closed, following lenghty FTC review, it would appear Kayak is poised to proceed with their IPO in the coming months. =.

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

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. 5) Due diligence. VC Firm. $ Tech % of workforce. Google Ventures (GV).

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

Steve Blank

MAY 19, 2015

But over time code/hardware written/built to validate hypotheses and find early customers can become unwieldy, difficult to maintain and incapable of scaling. You fix technical debt by refactoring , going into the existing code and “cleaning it up” by restructuring it. Organizational debt was coming due. the company had.

Technical Review 120

Technical Review Salary Early Stage Software Review 120

Feld Thoughts

AUGUST 25, 2015

As dollars flowed into the industry, cooperation was replaced by competition, to the detriment of deal flow, due diligence, ability to add value and, of course, returns. “By January 1984, investors had turned away from hardware toward software.” This isn’t true. This statement is scary to me. Some worked; some did not.

Venture Capital 70

Venture Capital SBIC Technical Review Silicon Valley 70

David Teten

MARCH 18, 2021

Thirty-four VC firms in OpenVC call themselves “early-stage” Yet, 30% of those don’t actually invest in pre-revenue startups. Valuation: $1M – $3M. But you must be doing real engineering of some kind. Software is by far the most sought-after class, with 94% of VCs investing in it.

Technical Review 78

Technical Review Cofounder Venture Capital Deal Flow 78

Cracking the Code

JANUARY 22, 2009

Cracking The Code. Thoughts from a Venture Capitalist on Software, Software-as-a-Service (SaaS), Cloud Computing, Internet and more. While it may make sense to offer very slight adjustments for favorable payment terms and one time revenue, net additions to MRR should dominate the sales rep’s thoughts. at 11:17 AM.

Software Review 91

Software Review Clawback Sales Salary 91

Rob Go

DECEMBER 28, 2011

So I thought I’d jot down some of the highlights I have seen from my vantage point in this 2011 Boston Consumer Web Year in Review. 61M in Q3 revenue, up 28% YoY. Zipcar: Ok, not exactly consumer web/software, but a great consumer tech company nonetheless. IPO’s/Exits. Tripadvisor: An amazing entrepreneurial story.

Technical Review 54

Technical Review Boston Software Review IPO 54

Transformify

AUGUST 27, 2017

Your team is directly correlated with the valuation of your startup. You don’t have the right people on board, you are burning cash and the work is not done, at its worst, your product is already live and you are losing clients due to software bugs and poor user experience. Team comes first. The downside? The downside?

Hiring 64

Hiring Software Review Burn Rate Startup 64

Both Sides of the Table

JUNE 22, 2011

Ah, but today’s Internet companies have real revenue! It’s like people arguing that there’s a beautiful beach house in 2006 that represents great long-term value due to scarcity of similar property. And for some that means that despite waiting they may see worse valuations in the future than now. and profits!

Saudi Arabia 309

Saudi Arabia Valuation IPO Technical Review 309

Cracking the Code

JANUARY 28, 2008

Cracking The Code. Thoughts from a Venture Capitalist on Software, Software-as-a-Service (SaaS), Cloud Computing, Internet and more. Happy New Year to you, Cracking-the-code reader! and online gaming companies and 2/3 looking at the software and SaaS industry. Intego is the leading Security Software Suite for Mac.

Software Review 48

Software Review Technical Review Los Angeles Europe 48

Cracking the Code

OCTOBER 10, 2008

Cracking The Code. Thoughts from a Venture Capitalist on Software, Software-as-a-Service (SaaS), Cloud Computing, Internet and more. Save Asia for post-IPO Single instance, multi-tenant, single datacenter - Have only one version of the code in production. Labels: SaaS , sales and marketing , software. at 11:09 AM.

Software Review 48

Software Review North America Europe Metrics 48

Austin Startup

AUGUST 20, 2017

Keep the valuations consistent with company progress. The bottom line is that the pedigree of your investors will have much to do with your ultimate valuation and with your enjoyment of the startup experience. Make your choices only after you’ve done some due diligence with other companies where they’ve served.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

VC Cafe

JUNE 29, 2012

When I met Instagram, Kevin (the founder) had great numbers, but he wasn’t even thinking about revenue. A lot is happening because we have deployment platforms, code platforms, and now we have capital platforms like angellist. The top 10-15 we manually review. Don – Private money valuations have gone up.

Developer 103

Developer Silicon Valley Software Review Mexico 103

ReadWriteStart

SEPTEMBER 10, 2010

They already have several customers including some telcos, and are at about $350,000 in revenues. Because customer financing equals revenue, not equity. Why not go further, develop more valuation, customer experience, and really, deeply validate the business? You can get cash without diluting your ownership in the company.

Cloud 115

Cloud Silicon Valley Incubator Finance 115

Cracking the Code

MARCH 10, 2008

Cracking The Code. Thoughts from a Venture Capitalist on Software, Software-as-a-Service (SaaS), Cloud Computing, Internet and more. The CMRR represents the revenue contracted during quarter N and not recognized yet on a GAAP basis because the service has not been implemented. Monday, March 10, 2008.

Sales 79

Sales Software Review Marketing Technical Review 79

ReadWriteStart

DECEMBER 31, 2013

Snapchat may be a company with no revenue and an unrealistic valuation, but it is changing the way people think of messaging. Hack stars making app development and learning to code easier are abundant. littleBits – Tiny modules that can snap together, programmed to help people create and prototype engineering projects.

Startup 60

Startup Cofounder San Francisco Software Review 60

Austin Startup

FEBRUARY 24, 2019

data.world and our modern catalog for data and analysis is a new category of software, much like Bazaarvoice and Coremetrics created new categories before, and the brilliant book Play Bigger helped us find it. both in the “picks and shovels” space of digital retail with very compelling software solutions.

Software Review 48

Software Review Sales Cofounder Analytics 48

betashop.com

OCTOBER 8, 2012

From the start we said that we would never make a decision as to what features to build or what products to sell based on revenue alone, rather we would focus on things that make our customers smile and by doing so lots and lots of revenue will fall out over time. We do twice-yearly reviews of all Fab team members. Fab Culture.

Technical Review 108

Technical Review Technology Software Review Valuation 108

Up and Running

JUNE 14, 2017

But when I ran the numbers, the revenue from just the first three months from the 150 who were interested in premium would cover the investment and more. They looked for reviews, social interactions, and recommendations. Most of those who said they were interested in premium were looking for social proof.

Technical Review 96

Technical Review Distribution Redemption Demand 96

www.mint.com

MARCH 9, 2010

If the answer to the question centers around “We will achieve revenue soon so our net will improve and give us more runway,” it means the company is in trouble because no product ever ships on time nor achieves the company’s “conservative forecast.” What is the post-money valuation of your last round? Who is on your board of directors?

Software Review 68

Software Review Startup Post-Money Valuation Technical Review 68

crowdSPRING Blog

NOVEMBER 1, 2013

The Pricing Model That Increased Our Free Trial Signups by 358% (and Revenue by 25%) – crowdspring.co/1alarDV. Uber — What’s Fueling Uber’s Growth Engine? 11 Ways Big Companies Undermine Innovation | Scott Kirsner – Harvard Business Review – crowdspring.co/1aksObQ. But a nearly $4 billion valuation?

Social Media 94

Social Media Small Business Design Media 94

www.paulgraham.com

APRIL 28, 2010

I wassurprised recently when I realized that all the worst problems wefaced in our startup were due not to competitors, but investors.Dealing with competitors was easy by comparison. There never has to be atime when you have no revenues. Another concept we need to introduce now is valuation.

Technical Review 76

Technical Review Startup Software Review Angel Investor 76

techcrunch.com

FEBRUARY 19, 2010

According to VCs, there’s been a 65% decrease in up-rounds (where a company gets a bigger valuation) in the last six months and more than 60% of those polled expect a longer wait for an exit. And investors said they intend to invest more in cleantech than software going forward. A lot of the stats weren’t surprising. just my 2 cents.

Venture Capital 62

Venture Capital Technical Review Sweat Equity Valuation 62

Both Sides of the Table

DECEMBER 5, 2010

They had a proprietary browser, their own search engine, their own content, chat rooms, email system, etc. billion in annual subscription revenues not including advertising or eCommerce). Was it massively better software, better companies, better markets? reinvented, with more people online and trained. It was mostly timing.

Social Network 318

Social Network Networking Internet Technical Review 318

pandodaily.com

NOVEMBER 29, 2012

“Founders don’t think their problems are due to trends. Lastly, seed-stage entrepreneurs who have pushed for the maximum valuation possible haven’t done themselves any favors. Meanwhile, their seed investors aren’t particularly incentivized to get them a Series A that crams the previous valuation down.

Technical Review 93

Technical Review Silicon Valley Incubator Syria 93

www.forentrepreneurs.com

FEBRUARY 2, 2010

It appears that LTV should be about 3 x CAC for a viable SaaS or other form of recurring revenue model. Examples of free products include Open Source software, services like HubSpot’s Website Grader , free versions of a SaaS service that have limited, but still valuable, feature sets, etc. have multiples that are more like 5 x CAC.)

Acquisition 103

Acquisition Cost Customer Entrepreneur 103

www.quora.com

JANUARY 16, 2011

You can argue that the DNA created by Microsoft's over emphasis on distribution (Steve) and development (Bill), has ultimately cost it $50bn or more in lost revenue, market share and market capitalization. It is right that Google and Facebook pride themselves on being engineering organizations (note - so did Microsoft).

Technical Review 51

Technical Review Startup CTO Hire Cofounder 51

ConversionXL

JANUARY 29, 2014

of businesses are actively seeking & collecting customer reviews on an ongoing basis. Customer loyalty expert Fred Reichheld also reports in his book “ The Ultimate Question ” that businesses saw an average of 2x revenue growth by simply increasing their overall brand advocacy by only 12%. when influencing purchasing decisions.

Software Review 126

Software Review Stock Video Advertising 126

Duct Tape Marketing

JUNE 20, 2023

12:22] Would you look at the value derived by digital technologies differently than by producing customer value or revenue? [14:23] Click on over and give us a review on iTunes, please! And the model we had in mind, there's a book called Valuation, which our, our firm has had an updated every year for the past 20 years or more.

Technical Review 63

Technical Review Silicon Valley Generative AI Arizona 63

ConversionXL

FEBRUARY 15, 2018

Clutter and disorganized content suggest a lack of attention to detail, or an inability to distill information into a meaningful summary that, due to the halo effect, people assume reflects the overall character of the business.”. Our High-End Conversion Engine Framework , which illustrates the basic needs of a high-end ecommerce store.

eCommerce 125

eCommerce Conversion Sales Technical Review 125

ConversionXL

APRIL 12, 2017

Analytic: A measure software can track. No, the first 2% is more valuable in terms of revenue. Inject code to create popup offers. Insert line of code. Create a revenue forecast before you even run the experiment. Review – Trust Your Users (Any marginal change you make, you don’t know if it’s good or bad.).

San Antonio 86

San Antonio Metrics B2B Analytics 86