Transformify

MAY 28, 2018

All CVs, references, etc. A big organization will survive and compensate the lost productivity, low quality and lost customers resulting from ‘’bad hires’’ The negative impact on revenue and EBITDA will be there but it will not matter as much as for a startup or a small organization. 14% have an IPO experience.

Artificial Inteligence 40

Artificial Inteligence Algorithm Technical Review Salary 40

Gust

SEPTEMBER 5, 2012

How to finance a new seed-stage startup? ” Ressi in particular seems to be passionate about removing the “debt” component from convertible debt seed financing transactions. .” I won’t rehash all of the customary convertible note financing deal terms and points of negotiation here. (For

Finance 134

Finance Convertible Security Equity Seed Stage 134

Austin Startup

MAY 19, 2018

Don’t do reference checks … until you are actually ready to write a check. This one comes from personal experience, months into conversations and after reference checks (which went well) one particular VC decided he didn’t have commitment to the space. Many VCs have backgrounds in finance. That’s awesome. The world needs you….

Founder 75

Founder Early Stage Software Review Deal Flow 75

Both Sides of the Table

MARCH 30, 2016

Many had started IPO’ing and we started to think about our future. Mark dutifully went to partner meetings, back-channel references began, firms started calling existing VCs to “test prices” and we started debating whom our best partner would be. CMRR (contracted monthly recurring revenue) grow 100% y/y.

Balance Sheet 150

Balance Sheet Burn Rate Valuation Forecast 150

Startup Lessons Learned

APRIL 14, 2009

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? All things being equal, of course, you’d rather have more revenue rather than less. And yet revenue alone is not a sufficient goal. More on that in a moment.

Customer 167

Customer San Francisco Lean Hockey Stick 167

Tim Keane

JANUARY 12, 2010

For angel groups, the distinction between groups and VCs on this issue is dwindling, especially as angel groups do bigger rounds of financing.   Note that this applies only to earl stage Series A-type equity financings and assumes no cash dividends are paid to investors. . times the investment.). here of 7.65 [2].

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

Steve Blank

JUNE 24, 2013

While Tesla , Lyft , Uber , Airbnb , et al are in very different industries, they have two things in common: 1) they’re disruptive business models creating new markets and upsetting the status quo and 2) the legal obstacles confronting them weren’t from direct competitors , but from groups commonly referred to as “rent seekers.”.

North Carolina 335

North Carolina New Jersey New York Government 335

Pascal's View

NOVEMBER 15, 2011

Dan Primack posted an article in Term Sheet last week titled Yelp This: IPO Market Is Killing It. Responding to these comments in a new post on Monday November 14, IPO Worries Put to the Test This Week , Dan reasserts “my belief that the death of small company IPOs has been greatly exaggerated.”

IPO 31

IPO Term Sheet Marketing United States 31

Up and Running

APRIL 8, 2013

Also, equity investors usually only see a return on their investment if the company is acquired or IPO s. Angel investments generally refer to contributions of $1M or less and are labeled ‘seed’ investments while venture capital investments are generally labeled as ‘Series A’ and are $2.5M or greater.

Equity 82

Equity Covenant Venture Capital Finance 82

Cracking the Code

FEBRUARY 4, 2008

2007 was a turning point for the SaaS industry with the successful IPOs of NetSuite, SuccessFactors, DemandTec, Salary.com, Aprimo and Constant Contact. This introduction was also the opportunity to illustrate the amazing growth of our software and saas portfolio in the past years, with aggregated revenues reaching $1.2B

Software Review 48

Software Review South Korea IPO Portfolio 48

pandodaily.com

NOVEMBER 29, 2012

Meanwhile, the rash of early liquidity and recent IPOs — unsatisfying as they were — gave liquidity to thousands of employees at large companies, and a subset of those made very real money. This time around, there has been an explosion at the early stages, and the very late pre-IPO growth stages. Source VentureBeat ]. -

Technical Review 93

Technical Review Silicon Valley Incubator Syria 93

Steve Blank

JUNE 24, 2013

While Tesla , Lyft , Uber , Airbnb , et al are in very different industries, they have two things in common: 1) they’re disruptive business models creating new markets and upsetting the status quo and 2) the legal obstacles confronting them weren’t from direct competitors , but from groups commonly referred to as “rent seekers.”.

North Carolina 227

North Carolina New Jersey New York Government 227

Growthink Blog

MAY 21, 2014

Typical was this comment submitted by a San Diego VC: " I agree that the VC fund industry is guilty as charged when it comes to being opaque as to real returns data, but I challenge you to revisit your analysis in 24 to 36 months, when we all will have had time to benefit from today’s strong M&A and IPO markets."

San Diego 72

San Diego Warrant IRR Investment Bankers 72

The Next Web

AUGUST 14, 2013

When we went out to raise money, we raised with only a couple thousand dollars in monthly recurring revenue. But we had a solid product, strong weekly revenue growth (10% week over week), and two distribution/marketing channels that were already paying dividends. What Does Traction Look Like? Traction is different for every product.

Founder 142

Founder Incubator Cofounder Accredited Investor 142

Growthink Blog

MAY 23, 2011

The typical wisdom regarding the appropriate financing course for a new company goes as follows: 1. The angel then introduces the entrepreneur to his or her wealthy friends and business connections who, based on the good reputation of the referring angel, also invest. My suggestions for the investors seeking emerging companies to back?

Angel Investor 112

Angel Investor Venture Capital Sweat Equity Cram Down 112

Ben's Blog

AUGUST 17, 2020

OH in South Park, San Francisco (or on Zoom from Big Sky, Montana): “OMG, crazy – that firm just paid 100x revenue to invest in [insert hot startup here] – what could they be thinking?” Multiples are not only used to value companies today but also to value companies several years down the line.

Valuation 36

Valuation Balance Sheet Cofounder Forecast 36

ReadWriteStart

NOVEMBER 16, 2010

The big enterprise software companies almost all bootstrapped their way to profitability before they got their first external investors (typically via an IPO). Later, using internal references, you can expand into adjacent areas and that will eventually get you enterprisey type negotiations with the CIO's team.

Software 127

Software Startup Architecture Bootstrapping 127

Duct Tape Marketing

MAY 23, 2019

Jenny Blake: That’s how I feel too, and of course we can say it’d be nice if finances were an option at that point, we’re not having to work incredibly hard just to survive. Jenny Blake: Yes, I have a whole chapter in the book on pivot finances. But yeah, the idea that I’m going to just stop? Maybe never.

Programming 62

Programming Finance Turkey Stock Options 62

Seeing Both Sides

FEBRUARY 22, 2009

In this article he opines: "I would have loved to have seen the stimulus package include a government-funded venture capital bank to help finance all the start-ups that are clearly not starting up today — in the clean-energy space they’re dying like flies — because of a lack of liquidity from traditional lending sources.".

Venture Capital 20

Venture Capital Capital Gains Massachusetts IPO 20