Steve Blank

JULY 11, 2017

The CFO asked me to stay as one of the engineering directors came in for a meeting. The director had complained to his boss, the VP of Engineering, who admitted his hands were tied, as this was a “facilities matter,” and the VP of facilities reported to the CFO. The company is still one of the hottest places to work in tech.

Part-Time VPE 314

Part-Time VPE Liquidity Event Stock Engineer 314

Both Sides of the Table

SEPTEMBER 28, 2014

Your goal is to invest in engineering (to maintain your product lead), new offices / locations (to capture markets before others), marketing (to capture consumer attention before others do) … all of these activities consume cash often in advance of the revenue they generate. Valuation. Think DropBox, Airbnb, Uber, Maker Studios.

Burn Rate 383

Burn Rate Balance Sheet .Net Valuation 383

Startup Professionals Musings

SEPTEMBER 29, 2018

Of course, their answer is that the second intends to get to market faster, but every engine has limits regardless the fuel applied. That should equate to an adequate valuation for a $2 million follow-on Series-A round, without giving away all the equity. Social media is not rocket science. The timing of cash flow is everything.

Burn Rate 223

Burn Rate Hockey Stick Startup Salary 223

Startup Professionals Musings

NOVEMBER 26, 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 270

Valuation Pre-Money Valuation NPV Intellectual Property 270

ReadWriteStart

OCTOBER 7, 2010

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. That is debt financing that converts into equity at the Series A valuation once the price for that is set. (I Sub-$2 million pre-money, it is better to bootstrap.

Valuation 119

Valuation Silicon Valley Pre-Money Valuation Bootstrapping 119

YoungUpstarts

SEPTEMBER 16, 2015

What’s critical for entrepreneurs to understand is that valuations for startups do not increase at a linear rate; they increase geometrically based on achieving the right milestones. The best entrepreneurs raise enough money to achieve a set of interim milestones and then raise capital again at a significantly increased valuation.

Valuation 100

Valuation Dilution Chicago Technical Review 100

Startup Professionals Musings

OCTOBER 5, 2014

Of course, their answer is that the second intends to get to market faster, but every engine has limits regardless the fuel applied. That should equate to an adequate valuation for a $2 million follow-on Series-A round, without giving away all the equity. Social media is not rocket science. The timing of cashflow is everything.

Burn Rate 262

Burn Rate Hockey Stick Entrepreneur Salary 262

Hearpreneur

JANUARY 22, 2023

Artificial intelligence (AI) is already starting to have a significant impact on search engine optimization (SEO) for agencies. And vertical videos can result in higher SEO (Search Engine Optimization) content, making the videos stand out more in the search results. Thanks to Austin Armstrong, Socialty Pro ! #15-

Artificial Inteligence 124

Artificial Inteligence Technical Review Entrepreneur Social Media 124

VC Cafe

FEBRUARY 26, 2023

The company has grown rapidly and achieved a valuation of over $7 billion by delivering a product that is both intuitive and powerful. The company has built a team of world-class engineers who are passionate about solving complex security challenges, and this team has been instrumental in Checkmarx’s success.

Founder 88

Founder Cofounder Seed Stage Valuation 88

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

Hunter Walker

SEPTEMBER 3, 2023

Holiday weekend here in the US means links for you to read Playing Different (Stupider) Games The Other End Of The Valuation Stick [Kyle Harrison, Contrary Capital] – Kyle puts out a new essay (almost) every Saturday and I really enjoy his consistent and clear eyed POV on venture capital. The former start the work.

Technical Cofounder 79

Technical Cofounder Cofounder Coder Canada 79

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

Both Sides of the Table

SEPTEMBER 22, 2012

After all, growth equals high valuations and loads of venture capital! Instant growth = huge valuation from follow-on investors = big VC mark-up on our quarterly reports = LP interest. Startups will continue to be aggressive in spamming us in our Facebook timeline. And headlines. And approbation. Grow or die. million and then $5.9

Silicon Valley 390

Silicon Valley Venture Capital Startup Technical Review 390

Version One Ventures

DECEMBER 20, 2021

Over the past 18 months, the pandemic has reset these expectations, leading to huge increases in valuations for both public and private tech companies…not to mention venture capital returns that are far better than what we have traditionally seen! Read the post: Resetting venture capital expectations: is 10x the new 3x?

Venture Capital 60

Venture Capital Technical Review Software Review IPO 60

Startup Professionals Musings

SEPTEMBER 14, 2016

Of course, their answer is that the second intends to get to market faster, but every engine has limits regardless the fuel applied. That should equate to an adequate valuation for a $2 million follow-on Series-A round, without giving away all the equity. Social media is not rocket science. The timing of cash flow is everything.

Burn Rate 120

Burn Rate Hockey Stick Startup Salary 120

Both Sides of the Table

JUNE 22, 2011

In addition to FOMO it is partly driven by massive increase in valuations for earlier-stage companies who raised money at bit seed prices but who still have product risk. million pre-money valuation is now raising $1 million at a $12 million valuation the next investor has nowhere to go but up (or sit out the investment).

Saudi Arabia 309

Saudi Arabia Valuation IPO Technical Review 309

YoungUpstarts

JANUARY 24, 2018

IoT also impacts organizations by creating new positions and job descriptions such as Chief Internet of Things Officer (CIoTO), IoT Architect, IoT software engineer, Business Designer, IoT Stack and platform Developers and more. Existing jobs are changing too and some become more important.

Internet 150

Internet Demand Software Engineering Agile 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. What They Do: Travel search engine. Post-money valuation probably no higher than $12M (2). Pre-money valuation was approx. Pre-money valuation was approx.

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

Austin Startup

MARCH 22, 2021

In recent years we’ve seen mega-rounds of investment and sky-high valuations. billion Series D round giving the company a valuation of about $14 billion!* Marketplaces are also catching the eye of investors. One of the highest we saw in 2020 was Ke.com , a Chinese platform for buying and selling properties. They raised a whopping $2.4

Software Review 100

Software Review San Francisco Valuation Stock 100

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

MARCH 21, 2013

Often your sales engineers can do the customizations without bugging the core eng team. The closest analogy I have for a PS person is a “sales engineer” who is normally a technical staff member who assists in sales campaigns. By year 2 I’d like to see PS at 50% maximum, which is still high.

Software Review 321

Software Review Software IP Technical Review 321

crowdSPRING Blog

NOVEMBER 21, 2013

It was made by GoldieBox , a company creating building-block toys for girls to inspire future engineers. Demystifying 409A Valuations - crowdspring.co/18IYhky. … Dropbox Could Be A Bargain At An $8 Billion Valuation | TechCrunch - crowdspring.co/1gZjkaE. The video above is a great example of storytelling. 1hS82qc.

Social Media 96

Social Media Small Business Design Media 96

Startup Professionals Musings

JUNE 5, 2021

In startup business plans, a bubble is too many entrepreneurs and too many investors chasing the latest “next big thing,” like Google search engine, Facebook social network, or Amazon e-commerce site. High valuation, low profit. In finance, a bubble is too much money chasing assets, greater asset production and a herd mentality.

Demand 362

Demand Government Venture Capital Valuation 362

View from Seed

MARCH 24, 2021

What Are Your Valuation Expectations? But mainly we did it because these corporate VCs were among the only groups willing to invest at PayPal’s somewhat inflated post-money valuation, during the middle of the dot-com crash when traditional VCs pulled back sharply and other sources of funding were constrained.” ” (Rob Go).

Seed Stage 177

Seed Stage Hiring IPO Analytics 177

SoCal CTO

JUNE 9, 2010

The Yin and Yang of Product and Engineering - A VC : Venture Capital and Technology , May 22, 2010 For a tech company, product and engineering are the heart and soul of the business. Last week I was having coffee with an ex engineering student of mine now on his second startup (and for a change it wasn’t a Web 2.0

Fractional CTO 248

Fractional CTO Startup Venture Capital Cofounder 248

Both Sides of the Table

AUGUST 14, 2009

Do you work as a civil engineer on water projects and have great access to wealthy project developers? Basic search engine research can give many clues and if people do keep a blog and you want to meet the person then many clues are obviously there. If you raise $250k at a $750k valuation the same goes. It creeps people out.

Silicon Valley 291

Silicon Valley Ireland Technical Review Valuation 291

Mucker Lab

MAY 28, 2020

These lost startups land higher valuations, have larger teams, outsource more product development and spend more money on customer acquisition than their peers. Until you have product-market fit, hire builders: engineers, designers, and growth and product people. Honestly, we don’t know.”? Be trigger shy about hiring.

Startup 78

Startup Cofounder Burn Rate Technical Review 78

Steve Blank

SEPTEMBER 21, 2012

While statistics are weak on startup success rates, the worst one I’ve seen suggests that 2 in 1000 venture backed startups will ever achieve $100-million or more in valuation. . ——————-. Another stat puts that number at 2% rather than 0.2%.

Startup 332

Startup Cofounder Customer Development Viral 332

Gust

DECEMBER 6, 2011

An experienced software engineer, for example, can develop a new mobile app with his or her own resources and market the product on the web with very little capital. Milestones are accomplishments that demonstrate the viability of the business; hence, they increase the valuation of the company. What might these milestones be?

Angel Investor 179

Angel Investor Venture Capital Valuation Software Engineering 179

The Next Web

SEPTEMBER 16, 2012

As search engines get smarter and start working in more relevant social influence paramaters (+1′s, Facebook Likes, Klout , etc.), Valuations Aren’t Going Away. Facebook’s IPO was a tell-tale sign that startup valuations are very unpredictable and susceptible to major changes. Derek Shanahan , Foodtree.

API 157

API Social Media Mobile Valuation 157

Startup Professionals Musings

JUNE 25, 2012

Use this approach before you have a real valuation, a real product, or any real customers. Exchanging equity for services is worth negotiating with legal counsel, accountants, engineers, and even sales people. Just don’t quit your day job before your new company is producing revenue. Friends and family.

Technical Review 257

Technical Review Bootstrapping Venture Capital Incubator 257

Both Sides of the Table

NOVEMBER 14, 2017

what your product & engineering thought they cared about and you adapt your offering. While early-stage companies have all of their engineers working on product innovation, companies that want to scale realize that you also have to build systems to help with organizational scaling.

Operations 286

Operations New York City Technical Review Startup 286

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. The question will be “at what price?&# And for investors, “at what valuation did they get in?&#. $10 No big surprise. Good deal for all.

Venture Capital 271

Venture Capital Affiliate Valuation San Francisco 271

Startup Professionals Musings

OCTOBER 19, 2015

I usually envision a 50-50 ownership split for their efforts, but every engineer believes the technology side deserves the majority share. Patents can raise startup valuation by investors by as much as a million dollars, and will attract acquisitions rather than copycats. Patents are not worth the effort, since big companies will win.

Technical Review 120

Technical Review Intellectual Property Cofounder Bootstrapping 120

The Equity Kicker

MARCH 9, 2015

In case you’ve missed it they have recently raised money at a $3.7bn valuation, they operate in 35 cities and have grown headcount from 75 to 300 over the last year. In addition to a growth engine, companies need to understand their profit engine. And they have had a lot of success.

Engineer 60

Engineer Valuation Revenue Channel 60

The Startup Magazine

JUNE 20, 2020

The best software engineering companies always prioritize exploring all of the possibilities to find the most accurate solutions as they can. You can start learning about the expertise of Erbis software engineering company through their official site. In this case, Erbis comes up as one of the most prominent vendors.

Artificial Inteligence 91

Artificial Inteligence Software Engineering Analytics Engineer 91

Hippoland

JULY 24, 2016

Valuation is a nebulous topic amongst early stage startups, so I thought I’d really spell it out in detail. In short: Valuations for seed stage companies are fairly arbitrary and driven solely by supply and demand. Your startup’s valuation is not based on a proforma of your revenue. This is a longer post in itself.)

Seed Stage 48

Seed Stage Valuation Vertical Demand 48