Both Sides of the Table

JULY 16, 2010

You don’t have to hire as many sales people because much can be sold online. You invest low amounts of capital and the company gets to IPO (96-99) or trade sale (05-08) without raising too much capital and certainly not on punishing terms. You’ll have to find alternate ways of financing your dreams and that’s OK.

LP 311

LP Technical Review Early Stage Silicon Valley 311

Both Sides of the Table

SEPTEMBER 10, 2021

And the loosening of federal monetary policies, particularly in the US, has pushed more dollars into the venture ecosystems at every stage of financing. What Has Changed in Financing? In fact, we just announced that we hired a new head of our Growth Platform, (follow him on Twitter here ? Of course we can’t. Seksom Suriyapa ?—?he

Pre-Money Valuation 471

Pre-Money Valuation Valuation Venture Capital Early Stage 471

David Teten

MARCH 14, 2018

Another example is Correlation Ventures ($300M+ AUM), a VC firm which co-invests in financings with at least one other new outside VC. – Hire more non-Partner staff. – Hire more Partners. For a VC fund to be actively engaged in a large number of investments, it needs to hire more Partners to sit on more boards.

Private Equity 60

Private Equity Venture Capital Equity Cofounder 60

Hunter Walker

MAY 11, 2022

Think Of Your First Non-Investor Board Member As a Senior Hire, And Not Your IPO Board. Every company has a Board of Directors, whether it takes financing or not. So with a typical venture financing, a three person Board will be established (two ‘common’ seats — often the founders and one investor seat).

Startup 105

Startup IPO Finance Equity 105

Both Sides of the Table

NOVEMBER 13, 2014

People often ask me what VCs look for when we hire partners and many have asked how to become VCs themselves one day. billion IPO), Envestnet (Chicago, $1.25 billion IPO), HealthDataInsights (Las Vegas, $400 million) as well as LA (Maker Studios $1 billion, TrueCar $1.3 She has been in operations in Seattle and Los Angeles.

Partner 408

Partner Las Vegas Los Angeles Baltimore 408

Haystack

OCTOBER 13, 2019

Yet, looking back, not much changed — there’s more money than every in the early-stage ecosystem, bigger financing rounds, large private pre-IPO growth rounds, and much more. .” Then at the end of 2017, the same worry about 2018; rinse and repeat last year, looking toward 2019.

Lock-up Period 87

Lock-up Period IPO Portfolio Early Stage 87

Both Sides of the Table

APRIL 13, 2011

There was a lot of consumer internet activity again…resurgence of things, but it was still mysterious, venture capital was still kind of closed, 1st time entrepreneurs had a lot of questions that were unanswered, and there was still some sort of hand waiving around all the financing stuff and so we took it on….”. The Oblong guy, literally?

Technical Review 288

Technical Review Venture Capital Silicon Valley Software Review 288

This is going to be BIG.

SEPTEMBER 20, 2021

Standing here today in a city that has had many multi-billion dollar IPOs and has clearly cemented itself as a world class startup city, especially given that we’re still thriving in the pandemic and that reports of our total demise in a Zoom world have been “greatly exaggerated”, I’m happy to share some of what I’ve learned. You need both.

Community 173

Community Miami Portland Startup 173

www.entrepreneur.com

SEPTEMBER 22, 2011

Entrepreneur Homepage Startups Starting a Business Home How-To Guides Startup Basics Business Ideas Business Planning Startup Financing Success Stories Home-Based Business Starting a Business Play Video How to Take a New Product from Just an Idea to a Business (Video). Financing Some Jobs Act Proposals Make Headway. More in Financing.

Sweat Equity 55

Sweat Equity Equity Fractional CTO CTO 55

Altgate

JUNE 25, 2012

Facebook’s IPO minted many millionaires and even billionaires. One who attracted much attention is David Choe, the graffiti artist hired to paint the company’s first headquarters. Facebook’s situation is far from unique, even among recent tech IPOs. A Significant – and Growing – Problem.

Equity 44

Equity Vesting Cap Table Technical Review 44

Hunter Walker

AUGUST 26, 2022

Hunter Walk: Ok, so we first met when you were leading comms at enterprise software company Box, a startup you joined when they were still pretty early and stayed at until post-IPO. I tried to get hired at Better Place and failed. When I learned they were hiring a community manager, I threw everything I had at the interview process.

IPO 90

IPO Cofounder Early Stage Portfolio 90

YoungUpstarts

APRIL 7, 2013

Startups are hungry for credit, but banks and other financial institutions have never been stricter with their financing parameters. They’re using metrics that are often unworkable in the current business environment, causing growing businesses to look elsewhere for capital and increasingly towards alternative forms of financing.

Advisory Board 249

Advisory Board Entrepreneur Portland Oregon 249

Steve Blank

OCTOBER 24, 2017

— 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. In the 20th century tech companies and their investors made money through an Initial Public Offering (IPO). Hire a CEO to Go Public.

Founder 274

Founder Technical Review CTO Hire IPO 274

Both Sides of the Table

FEBRUARY 23, 2015

There is such a thing as a “diamond in the rough” and let’s face it – if the company was totally rocking would they be hiring you? the standard 4-6% for a hired-gun CEO). We did the early round of financing and the founding team walked when the market turned and when the situation got tough.

Technical Review 150

Technical Review Liquidation Preference Silicon Valley IP 150

YoungUpstarts

MARCH 11, 2015

This compensation can come in the form of a stock option , a stock appreciation right, or a similar financial instrument, which can potentially be quite lucrative for employees at the time of a merger, acquisition or initial public offering (IPO). Why is it important to hire an experienced valuation firm?

Valuation 100

Valuation Stock Options CPA Merger 100

Both Sides of the Table

AUGUST 14, 2009

I recently wrote a post on angel financing covering the topic of convertible notes but I realized I was thinking about the issue more from investor perspective and a very narrow topic of how to price the round. So if you’re casually reading and don’t really care about angel financing – abort now!

Silicon Valley 291

Silicon Valley Ireland Technical Review Valuation 291

Feld Thoughts

DECEMBER 14, 2018

Examples would be “an acquisition” or “a financing” or “an IPO.” ” Or, we won’t hire anyone new, other than replacing attrition, until after we have revenue of $X / person.” .” While this is a high-level list of things not to do, it can be on multiple dimensions.

Acquisition 145

Acquisition IPO Metrics Finance 145

Altgate

AUGUST 25, 2012

Facebook’s IPO minted many millionaires and even billionaires. One who attracted much attention is David Choe, the graffiti artist hired to paint the company’s first headquarters. Facebook’s situation is far from unique, even among recent tech IPOs. A Significant – and Growing – Problem.

Equity 28

Equity Vesting Cap Table Technical Review 28

View from Seed

JANUARY 14, 2016

At NextView, we think a lot about hiring and talent placement , both informally through our networks and formally through systems we’ve developed to support our portfolio. As a result, we often hear questions like: How can I run a smart process to find my next (or first) startup job?

Startup 120

Startup IPO Portfolio Matching 120

Up and Running

DECEMBER 1, 2015

If equity compensation is on your mind before you start hiring, make sure you’re good at hiring excellent candidates, especially if you’ll be offering restricted stock rather than stock options. Think carefully before you hire someone new and offer them stock from the outset. See Also: How to Hire Your First Employee.

Equity 60

Equity Employee Stock Options Vesting 60

abovethecrowd.com

JULY 10, 2014

On June 18, Aswath Damodaran , a finance professor at NYU’s Stern School of Business, published an article on FiveThirtyEight titled “ Uber Isn’t Worth $17 Billion. In other words, the arrival of a product or service like Uber will have zero impact on the overall market size of the car-for-hire transportation market. Why only 10%?

San Francisco 111

San Francisco San Jose Marketing Technical Review 111

www.huffingtonpost.com

MAY 10, 2011

Ive occasionally worked with executive recruiters, for example in hiring a CTO for my first company, Eve.com. Hiring the best developers is essential because a great developer is easily 3 times as productive as an average developer, yet their salaries are usually similar. This time, I decided to handle the process myself.

CTO 43

CTO CTO Hire PHP Cofounder 43

YoungUpstarts

MARCH 30, 2017

Some companies choose an IPO path, acquisition offers or a “recap” to bring in new investors to buy out earlier investors. Its slogan reads: “We don’t hire people to bake brownies. We bake brownies to hire people.”. What is your plan for capital and growth? Investors often expect a successful “exit” within five or so years.

Global 100

Global Argentina Elevator Pitch Business Model 100

Steve Blank

JUNE 24, 2013

Instead of offering better products or better service at lower prices, rent seekers hire lawyers and lobbyists to influence politicians and regulators to pass laws, write regulations and collect taxes that block competition. When you get customer scale and raise a large financing round , take the battle to the incumbents.

North Carolina 335

North Carolina New Jersey New York Government 335

The Equity Kicker

MARCH 26, 2012

According to the National Venture Capital Association (of America) ninety-two percent of job creation comes after IPO. Sometimes that is because the acquired business becomes core to the acquirer and new people are mostly hired in the US and other times it is because the acquisition goes badly and the acquired business withers.

IPO 100

IPO Europe Acquisition Venture Capital 100

Duct Tape Marketing

SEPTEMBER 29, 2022

Questions I ask Mike Evans: [1:46] Could you give us a high-level overview of the startup of Grubhub to IPO to what you’re doing now? 12:51] Right up to IPO at which point you quit, which I think some people would actually say, you made it now, why are you quitting? So I started in 2002 and in 2006 we took financing in.

Founder 79

Founder Chicago Kansas Startup 79

K9 Ventures

OCTOBER 10, 2017

This post is intended to be a dynamic document, and I will attempt to update it from time to time with new questions that may arise or as financing trends evolve. Q: What amount of financing is considered Pre-Seed? It’s a legitimate stage of financing in the venture eco-system as of this writing (October 2017).

Seed Stage 82

Seed Stage Finance Later Stage Equity 82

The Startup Magazine

OCTOBER 14, 2021

Hiring is a problem because when you become successful, people want your talent. Hiring is a problem because when you become successful, people want your talent. We’re very bullish that we have a product that serves a broad enough need and our solution is novel enough that we could definitely see an IPO as a possibility in our future.

CPA 141

CPA Founder Vertical Cofounder 141

www.mattbartus.com

SEPTEMBER 24, 2011

Matt is a lawyer representing technology companies through all phases of their lifecycle, from pre-incorporation, seed & VC financings, exit transactions and IPOs (read more). Cooley Report Reviews Second Quarter Venture Capital Financing Trends. Do the implications of hiring independent contractors differ state to state?

Equity 40

Equity Vesting Silicon Valley Intellectual Property 40

K9 Ventures

APRIL 9, 2014

Threshold for an IPO is higher Ten years ago, if you had $20M in revenue you were ready to go public. Hiring costs are up dramatically The cost of hiring top quality talent in the bay area has gone up dramatically. And the hiring costs are higher. Seed is not the first round of financing any more.

Mezzanine 134

Mezzanine Seed Stage Early Stage IPO 134

Hearpreneur

MAY 15, 2016

I’ve worked in the finance for over 12 years. Prior to founding Rukkus, I was a quantitative analyst at Goldman Sachs where I was a member of the advisory team for the Ticketmaster/Live Nation merger as well as the Groupon IPO. Everywhere I went looking for work I repeatedly heard, Debra, we’re not hiring.

Entrepreneur 48

Entrepreneur SEO Web Merger 48

The Startup Magazine

JULY 29, 2021

For Soundtrack, our vision has always been the same, but the strategy and tactical execution around how to achieve that vision has needed to improve through every round of financing we have secured. Currently, we are at a point where an IPO is the most logical path for us in terms of exit. Quality control?

Founder 157

Founder B2C B2B Audio 157

www.mint.com

MARCH 9, 2010

Check out the personal finance topic by clicking here. Granted you don’t want to sound like you are interrogating them, but if there is sufficient interest on the company’s part in hiring you, they will expect you to ask those difficult questions. Ask me these questions, you’re definitely not hired.

Software Review 68

Software Review Startup Post-Money Valuation Technical Review 68

500hats.com

AUGUST 2, 2012

Mega VC has focused on the challenges of the post-SarbOx IPO market in the US, and has discovered opportunity in offering larger amounts of growth capital ($10-100M+) to private companies with reduced access to public markets. (note: apologies in advance for the west coast bias; i’m in silicon valley).

Silicon Valley 74

Silicon Valley Early Stage Venture Capital Valuation 74

Both Sides of the Table

JULY 1, 2010

He’s personally led more than 50 financing rounds. Scott left the company, which eventually IPO’d and became Internet Brands. Money to be used for hiring and additional product development. Offers two products: Palantir Government and Palantir Finance. It’s part of what makes him so likable.

San Francisco 248

San Francisco Venture Capital Analytics Government 248

Steve Blank

JUNE 24, 2013

Instead of offering better products or better service at lower prices, rent seekers hire lawyers and lobbyists to influence politicians and regulators to pass laws, write regulations and collect taxes that block competition. When you get customer scale and raise a large financing round , take the battle to the incumbents.

North Carolina 227

North Carolina New Jersey New York Government 227

Genuine VC

FEBRUARY 3, 2011

Much of the VC blogosphere commentary about startups covers venture and angel financing with advice focused on company founders. The biggest mistake I see is people going to Series A or B funded startup because they perceive it as “safe” with VC backing, but the only thing *temporarily* derisked is financing.

Startup 241

Startup Later Stage Angel Financing Seed Stage 241