Both Sides of the Table

JULY 6, 2016

I even prefer to fund entrepreneurs who have experience some level of set-backs in their careers or startups because I think it brings a humility to decision-making that I find healthy. Silicon Valley itself was built on the sciences with a foundation of trial-and-error and then improving the model and trying again.

South Korea 261

South Korea Silicon Valley Los Angeles Japan 261

Both Sides of the Table

JUNE 5, 2011

2 preamble issues having read the comments on TC today: 1: I know that the prices of startup companies is much great in Silicon Valley than in smaller towns / less tech focused areas in the US and the US prices higher than many foreign markets. As the risks below get eliminated the higher the valuation investors are prepared to pay.

Pre-Money Valuation 336

Pre-Money Valuation Valuation Silicon Valley Stock 336

Steve Blank

SEPTEMBER 5, 2018

Most entrepreneurs today don’t remember the Dot-Com bubble of 1995 or the Dot-Com crash that followed in 2000. The mantra of “ first mover advantage ,” the idea that winners are the ones who are the first entrants in their market, became the conventional wisdom of investors in Silicon Valley.“ And it may work.

Lean 335

Lean Burn Rate Startup IPO 335

ReadWriteStart

OCTOBER 7, 2010

Before I do, however, I want to talk about a thumb rule that I'd like to propose to entrepreneurs about raising money. 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. I know Silicon Valley and the MBA types look down upon lifestyle businesses.

Valuation 119

Valuation Silicon Valley Pre-Money Valuation Bootstrapping 119

YoungUpstarts

MAY 29, 2011

This week Blackbox , founded by entrepreneurs Bjoern Lasse Herrmann and Max Marmer, released its first Startup Genome Report — a 67-page in depth analysis on what makes Silicon Valley startups successful based on profiling over 650 startups. Solo founders take 3.6x less likely to pivot. Business-heavy founding teams are 6.2x

Silicon Valley 230

Silicon Valley Cofounder Technical Cofounder Startup 230

Steve Blank

FEBRUARY 10, 2016

Funding challenges and other issues founders face in the early days of starting up were the focus of interviews with the latest guests on Entrepreneurs are Everywhere , my radio show on SiriusXM Channel 111 (airing weekly Thursdays at 1 pm Pacific, 4 pm Eastern). Hire around you to fill those weak spots. …. Will : Absolutely, 100 percent.

Silicon Valley 120

Silicon Valley Ohio Columbus Entrepreneur 120

The Next Web

MARCH 29, 2014

Why would I ever fundraise anywhere outside of Silicon Valley?” I was not surprised to see quite a few such reactions to my recent blog post analyzing investment sizes and valuations in Europe. Looking at the numbers, the decision to fundraise in Silicon Valley for European startups seems pretty logical… at first glance.

Silicon Valley 162

Silicon Valley Europe Valuation Startup 162

Startup Professionals Musings

OCTOBER 17, 2022

Examples of some leaders in this space include Ron Conway in Silicon Valley and Jeff Bezos , CEO of Amazon, who each may have over 500 startups in their portfolio. Super angels sometimes drive up valuations. Yet, in my view, every early-stage entrepreneur should be exploring this new funding alternative before approaching VCs.

Angel Investor 342

Angel Investor Venture Capital Silicon Valley Portfolio 342

The Next Web

SEPTEMBER 13, 2013

Thomas Clayton has started and run numerous high-tech startups in Silicon Valley. The process of raising money in Asia is very different from raising money in Silicon Valley and, frankly, it’s not nearly as easy. Set your expectations – VCs in Asia are different from the Valley.

Asia 132

Asia Silicon Valley India Term Sheet 132

YoungUpstarts

JUNE 26, 2020

Here are three pieces of advice that are tossed around Silicon Valley as if they are gospel, but they are really Startup Myths. I don’t know exactly when it happened but at some point, Silicon Valley became obsessed with the word billion. The real key is to have an entrepreneur that is obsessed with a small market.

Finance 205

Finance Silicon Valley Valuation Startup 205

The Startup Magazine

OCTOBER 29, 2021

billion company and has built up this valuation outside the Silicon Valley scene. This year, Duolingo went public and has earned a $7 billion valuation. The region’s entrepreneurs have emerged in a culture that prizes fiscal prudence and capital allocation discipline. Today, Sprout is a $6.6 Conclusion.

Silicon Valley 175

Silicon Valley Kansas City Chicago Denver 175

Both Sides of the Table

SEPTEMBER 10, 2021

I’m over-paying for every check I write into the VC ecosystem and valuations are being pushed up to absurd levels and many of these valuations and companies won’t hold in the long term. On the one hand, you’re over paying for every investment and valuations aren’t rational. The legends of Silicon Valley?—?two

Pre-Money Valuation 471

Pre-Money Valuation Valuation Venture Capital Early Stage 471

Steve Blank

MARCH 12, 2014

. — Teaching students to think like entrepreneurs not accountants. We wanted to teach our students how to think like entrepreneurs not accountants. Trying to fit an Entrepreneurial Studies course into a college prep high school outside of Silicon Valley is an interesting challenge.

Lean 334

Lean Customer Development Startup Silicon Valley 334

Up and Running

AUGUST 21, 2017

It’s understandable, then, that the term “unicorn” has come to be used routinely in the world of business funding to refer to those rare and beautiful privately funded startups—especially in the tech space—that have reached the upper echelon of valuation, being valued at over $1 billion. at around 27 million. Bruce is the U.S.

Silicon Valley 86

Silicon Valley Venture Capital Valuation Later Stage 86

crowdSPRING Blog

NOVEMBER 21, 2013

Why Silicon Valley Funds Instagrams, Not Hyperloops - crowdspring.co/188qC9v. Demystifying 409A Valuations - crowdspring.co/18IYhky. Chicago can be better than Silicon Valley (when it comes to promoting women entrepreneurs) | by Sharon Schneider - crowdspring.co/18J09d4. Forbes - crowdspring.co/188qNBM.

Social Media 96

Social Media Small Business Design Media 96

Hunter Walker

SEPTEMBER 23, 2018

Homebrew is making more investments outside of Silicon Valley than we have in our history! That statement might be more dramatic if our firm was founded in 1983 instead of 2013, but speaks to a handful of changes in seed investing.

Silicon Valley 99

Silicon Valley San Diego Los Angeles Southern California 99

Agile VC

MAY 26, 2011

Silicon Valley is still emerging from the tech bubble and massive downturn of late 2000-2002. Online social networking is a concept still being evangelized even in Silicon Valley… Friendster is in private beta (wasn’t until Oct 2003 they received Google acquisition offer which they turned down for Kleiner/Benchmark round).

Term Sheet 178

Term Sheet Silicon Valley Technical Review Social Network 178

Both Sides of the Table

JULY 25, 2010

Any SoCal entrepreneur raising early-stage money should put Rincon on their short list. He covers this is the first 15 minutes or so of the video and he’s awesome to listen to (more than 25,000 people have listend to this video so far – mostly entrepreneurs ;-)). It is how angel rounds come together.&#.

Silicon Valley 293

Silicon Valley Technical Review Southern California Angel Investor 293

Startup Professionals Musings

JANUARY 19, 2020

Examples of some leaders in this space include Ron Conway in Silicon Valley and Jeff Bezos , CEO of Amazon, who each may have over 500 startups in their portfolio. Super angels sometimes drive up valuations. Yet, in my view, every early-stage entrepreneur should be exploring this new funding alternative before approaching VCs.

Angel Investor 314

Angel Investor Venture Capital Silicon Valley Startup 314

YoungUpstarts

OCTOBER 28, 2015

This past summer, the Lightspeed Summer Fellowships program invited selected guests to provide aspiring entrepreneurs a perspective into all aspects of starting a new company. The program provides entrepreneurs the resources and mentoring they need to build their companies and develop their skills. ” The Cost of Financing. .

Convertible Security 100

Convertible Security IP Technical Review Software Review 100

Both Sides of the Table

AUGUST 14, 2009

In most cases if you can’t get a prototype done you’re probably not an entrepreneur. Professional angels / former entrepreneurs / seed funds – In Silicon Valley there are people like Ron Conway, Jeff Clavier, Mike Maples and many more. Surround yourself with great advisors or other entrepreneurs.

Silicon Valley 291

Silicon Valley Ireland Technical Review Valuation 291

Steve Blank

SEPTEMBER 14, 2009

One of the biggest mistakes entrepreneurs make is misunderstanding the role of venture capital investors. There’s lots of lore, emotion, and misconceptions of what VC’s do or don’t do for entrepreneurs. What this meant for entrepreneurs and VC’s was simple– the gold rush to liquidity was on. What Do VC’s Do?

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

Up and Running

SEPTEMBER 10, 2014

I don’t have an MBA and I don’t live in Silicon Valley. Entrepreneurs need to find a way to get traction (sales) without funding. If entrepreneurs are only pitching to angel groups, they’re only pitching to 6% of the active angels, and 0.4% Angel investors come from a variety of ages, backgrounds, and professions.

Angel Investor 159

Angel Investor Technical Review Software Review Accredited Investor 159

ReadWriteStart

MARCH 24, 2011

This week's One Million by One Million roundtable was our 75th session, and we worked today with three entrepreneurs from the Midwest region of the United States. As an entrepreneur CEO, she ran three companies: DAIS, Intarka, and Uuma. Our co-host for the program was TiE Midwest, based in Chicago.

Illinois 114

Illinois Entrepreneur Silicon Valley Chicago 114

Steve Blank

MAY 29, 2011

A big piece of the solution lies in the scalable impact of entrepreneurship and an increase of successful entrepreneurs. Max continued, “That’s why I’m really interested in ways of optimizing the entrepreneurship ecosystem to allow more entrepreneurs to go from idea to reality. I was feeling pretty old.

Technical Cofounder 333

Technical Cofounder Early Stage Startup Silicon Valley 333

The Startup Toolkit

AUGUST 30, 2012

Entrepreneurs worldwide suspect the grass is greener in San Francisco. The valley only has about 4x more VC deals than London (although average valuations are admittedly 2x higher): The valley is not 1000x better. But check it.

Silicon Valley 52

Silicon Valley San Francisco New Jersey India 52

Feld Thoughts

AUGUST 25, 2015

Some were Silicon Valley early stage companies, such as Apple, Quantum, and Masstor Systems. while none of the non-Silicon Valley regional firms were long-term successful as regional firms. However, none were based in the Silicon Valley and are probably unfamiliar names to today’s practitioners.

Venture Capital 70

Venture Capital SBIC Technical Review Silicon Valley 70

Gust

OCTOBER 12, 2011

During the summer of 2010, I developed a workshop, A New ACEF Valuation Workshop for Angels and Entrepreneurs. To provide some reference points, I surveyed thirteen angels groups in North American to determine their recent experience in negotiating the pre-money valuation of pre-revenue companies. Silicon Valley.

Angel Groups 125

Angel Groups Valuation Pre-Money Valuation St. Louis 125

Up and Running

SEPTEMBER 19, 2017

That’s because obtaining a pre-money valuation for a concept level technology company in excess of $1 million is difficult, particularly for a startup founder without a proven track record. By contrast, obtaining a pre-money valuation of $5 million for a business with a new viable product and even very minimal sales is somewhat reasonable.

Private Equity 94

Private Equity Pre-Money Valuation Equity Startup 94

Lightspeed Venture Partners

OCTOBER 7, 2012

I’ve been writing up reviews of this season’s Shark Tank pitches from a silicon valley VCs perspective. This does neither, so I’m out” Cuban said, “I see you guys not as entrepreneurs but as wantrepreneurs” I agree with him. In this way, they remind me of the Lifter Hamper entrepreneur.

Technical Review 110

Technical Review Technical Cofounder Valuation Pre-Money Valuation 110

The Startup Magazine

JUNE 1, 2023

By Daniel Sokolovksy, Co-Founder and CEO, WARP and Troy Lester, Co-Founder and CRO, WARP The dissolution of Silicon Valley Bank (SVB) was more than just a bank collapse, it was a reality check for both startups and the VCs that fund them. That includes us. As an early-stage company that just closed our seed round at $8.1

Early Stage 112

Early Stage Los Angeles Silicon Valley Cofounder 112

Agile VC

APRIL 17, 2011

Post-money valuation probably no higher than $12M (2). Pre-money valuation was initially set higher but was adjusted to match the Ser B valuation. Pre-money valuation was approx. Pre-money valuation was approx. Pre-money valuation was at least $250M (2). liquidation preference, 6% accumulated dividend (1).

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

crowdSPRING Blog

NOVEMBER 30, 2012

… Checking In on Foursquare’s Valuation – [link]. In Silicon Valley, Technology Talent Gap Threatens G.O.P. Special Report: Silicon Valley’s dirty secret – age bias | Reuters – [link]. In Silicon Valley, Technology Talent Gap Threatens G.O.P.

Social Media 100

Social Media Small Business Central African Republic Design 100

Agile VC

SEPTEMBER 15, 2011

The very strongest companies can still likely get out if they really wanted, but may not command the valuations they hoped for in more bullish times. Im a former Silicon Valley entrepreneur turned East Coast VC. The second tier of companies probably have to wait whether they like it or not. Author howerl. Read More ».

IPO 100

IPO Marketing Silicon Valley Technical Review 100

Startup Professionals Musings

OCTOBER 8, 2012

Incubators I hear mentioned most often include YCombinator , led by Paul Graham in Silicon Valley, and TechStars , located in Boston, Boulder, New York City, and Seattle. The incubation period is very short and intense, usually intending to drive entrepreneurs from ideas to marketable products in a matter of months.

Incubator 215

Incubator Entrepreneur New York City Silicon Valley 215

Berkonomics

NOVEMBER 4, 2016

So how do you use financial projections as valuation metrics when you know the odds of those being accurate predictors of the future are so very unreliable? I thought then that the best way to value a start-up is to give value to those elements of progress by the entrepreneur or team that reduce risk of success.

Valuation 48

Valuation North Carolina Oklahoma City Silicon Valley 48

Both Sides of the Table

JULY 27, 2014

We both agree that the later-stage valuations are being driven up to a point that feels irrationally priced [he uses b-round SaaS valuations as an example and I am willing to be even more broad based]. Video 1 is here : Late stage valuations are in a mini bubble. This can’t all be driven by increased company performance).

Valuation 309

Valuation Pre-Money Valuation Later Stage Non-Compete 309