Agile VC

MARCH 5, 2019

When Uber started off as a more expensive “black car” service, people questioned whether it would eventually become a more mass market phenomenon or not. The simplistic way to do this is to zero out the Sales & Marketing line item in the financials and see what happens. So does Lyft have a flywheel of money?

Aggregator 100

Aggregator .Net Revenue IPO 100

Agile VC

JANUARY 18, 2012

2) The Pyramid Scheme of Startup Equity - Just like multi-level marketing schemes, in startups it pays to get in on the ground floor. But founding entrepreneurs typically own an order of magnitude more equity than early hires (who themselves will have disproportionate ownership relative to later hires).

Entrepreneur 100

Entrepreneur Cofounder Silicon Valley Seed Stage 100

Agile VC

JANUARY 27, 2012

There’s one school of thought that the paradigm has changed, and startups that achieve a market value of tens of billions or more will be more frequent than in decades past. Multi-billion dollar valuations for late stage startups like Dropbox, et al. I’m not so sure that’s the case.

Hockey Stick 113

Hockey Stick Seed Stage Silicon Valley Syndicate 113

Agile VC

FEBRUARY 2, 2012

I’ll focus for now on the business itself, there’s plenty of other info on the web if you care to understand the equity ownership or financing history of Facebook and frankly this has been fairly well known for awhile. ==. Here’s my first look at Facebook viewed through the lens of their IPO filing. Facebook, Inc.

IPO 100

IPO South Korea Venezuela Revenue 100

Agile VC

SEPTEMBER 19, 2011

A slow-growth, but cash rich business like this could be a better fit for a retailer, private equity fund, or other type of owner in the longer run. But for more urban markets with fast broadband, most Netflix subscribers will only want DVD/Blu-Ray for recent movie releases (if at all). older movies) and TV shows. Author howerl.

Silicon Valley 100

Silicon Valley Private Equity Seed Stage Syndicate 100

Agile VC

MARCH 18, 2012

Most mass market usage of Twitter is by and for the media and celebrities. Those of us in the tech ecosystem think of and use Twitter in slightly different ways, but the mass market usage of the product is consumers seeking exposure to news, celebrities, and sports stars. It’s probably not a huge market though.

Media 113

Media Advertising Silicon Valley Revenue 113

Agile VC

FEBRUARY 28, 2013

Hungary probably wouldn’t sell their sovereignty and entire economy for 1x sales, but Apple has no debt so they could probably lever the deal and borrow money on top of $137 billion in equity. For some reason the notion of Apple hiking the taxes of Hungary to fund a dividend recap just amuses me….

Hungary 168

Hungary Dividend Vertical Preferred Stock 168

Agile VC

AUGUST 1, 2012

About 6-12 months ago you could hardly throw a rock in the startup ecosystem without hitting a VC expressing their enthusiasm for “mobile” Now the frenzy about mobile has extended into the mass media and public equity markets, though with trepidation as often as excitement.

Mobile 160

Mobile Advertising Bandwidth Web 160

Agile VC

FEBRUARY 28, 2012

If you and all the people around your startup (co-founders, advisors, existing investors) feel strongly that the company A) could benefit from additional equity capital at this time and B) you’ve accomplished value accretive milestones since your last round of funding, then it might make sense to talk with potential new investors.

Early Stage 100

Early Stage Syndicate Syndication Silicon Valley 100

Agile VC

NOVEMBER 7, 2019

If you understand the premise of blitzscaling, it’s not truly growth at any and all cost… it’s a strategic mindset for building a company from scratch at previously unheard pace specifically where digital innovation enables capturing a large addressable market. Facebook becomes a $500B+ market cap company.

IPO 100

IPO Early Stage Cofounder B2C 100

Agile VC

JULY 24, 2013

The point is that unlike various consumer credit markets where subprime lending does indeed work, trying to apply a comparable model to VC is typically disastrous because startup outcomes follow a power-law distribution rather than a normal distribution.

Valuation 200

Valuation Early Stage Distribution LP 200

Agile VC

NOVEMBER 13, 2012

At Risk – Usually starts with a firm beginning to see challenges in large portions of its portfolio, or in keeping the partnership together, or in the viability of the firm’s core strategy as broader markets start to shift (e.g. there’s a heck of a lot fewer pure-play cleantech VCs today than 5 years ago).

LP 154

LP Portfolio Venture Capital IRR 154

Agile VC

FEBRUARY 9, 2012

In the modern age public market investors, whether they be focused on equities (stocks), fixed income (bonds), currencies, commodities, or derivatives of these, all have access to essentially the same investment choices and the same body of information. How do you win?

Seed Stage 100

Seed Stage Framework Silicon Valley Early Stage 100