Feld Thoughts

SEPTEMBER 20, 2013

We’ve confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of any securities for sale. After four days of chatter about this, Dan Primack wrote the first definitive article I saw that made sense of all of this titled Twitter’s IPO will not be done in secret.

SEC 142

SEC IPO Investment Bankers Valuation 142

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).

Founder 245

Founder Technical Review CTO Hire IPO 245

YoungUpstarts

AUGUST 7, 2019

We’ve seen significantly fewer IPOs pre-and post the financial crisis ( 213 in 2007, 31 in 2008, and 222 in 2013). Most people don’t have enough money to put down the 20% deposit, so they end up financing the majority of their home purchases. Not exactly the type of investment you’d want going into retirement.

Detroit 113

Detroit Stock Atlanta Chicago 113

Haystack

NOVEMBER 24, 2018

2/ Cyber-security Is Red-Hot: Earlier this year, Cisco acquired Duo for $2.2B The overall surface-area for what security companies can target seems to be growing 100-fold alongside the size of the threats. and Thoma Bravo took over Veracode for $950M. AutoDesk Acquires PlanGrid For $875M.

Acquisition 62

Acquisition Artificial Inteligence Balance Sheet Cofounder 62

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

www.mint.com

MARCH 9, 2010

If the answer to the question centers around “We will achieve revenue soon so our net will improve and give us more runway,” it means the company is in trouble because no product ever ships on time nor achieves the company’s “conservative forecast.” These days revenue is the best source of capital. Who is on your board of directors?

Software Review 68

Software Review Startup Post-Money Valuation Technical Review 68

Both Sides of the Table

APRIL 12, 2018

If you don’t know, Ring offers home security products that started with a video doorbell, then video floodlights, outdoor stickup cams and now in-home security features that innovate in-home security alongside outside protection. we were sold on the concept immediately. Jamie is truly a visionary and a focused executioner.

Security 247

Security Los Angeles Silicon Valley Video 247

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. The funny thing about “hard numbers” is that they can give a false sense of security. billion, far short of the value recently determined by the market.

San Francisco 111

San Francisco San Jose Marketing Technical Review 111

Growthink Blog

MAY 23, 2011

The typical wisdom regarding the appropriate financing course for a new company goes as follows: 1. This venture capital financing - usually between $3 and $10 million - is the first of a number of rounds of outside investment over a period of three to five years. Venture capitalists Cut Tough Deals.

Angel Investor 112

Angel Investor Venture Capital Sweat Equity Cram Down 112

Cracking the Code

MARCH 28, 2022

Today, Europe and Israel have generated 23 public companies worth $231B and private cloud financing reached c. The $900M of SaaS VC funding in 2015 now represents less than Europe's largest financing round, with Celonis raising $1B in June this year. The cloud IPO market has also been very active with 32 IPOs vs. 17 in 2020.

Global 62

Global Europe Software Review 62

Up and Running

JULY 24, 2015

From securing funding to marketing your business, there’s a lot to consider. Business USA Finance Wizard. As an entrepreneur, you’ll need a solid understanding of small business finances. This self-paced class walks you through the process of starting a business from nothing to an IPO. So, we did the work for you.

Entrepreneur 60

Entrepreneur Small Business Administration SBA Pennsylvania 60

David Teten

AUGUST 20, 2019

I’ve been a traditional equity VC for 8 years, and I’m now researching Revenue-Based Investing and other new approaches to VC. The question I’m asking myself: should a new VC fund use Revenue-Based Investing, traditional equity VC, or possibly both (likely from two separate pools of capital)? Potentially could use SBIC financing.

Revenue 60

Revenue SBIC Cofounder Venture Capital 60

Professor VC

JUNE 20, 2011

Financing, that is.I One truth of start-up financing is that it generally takes twice as long and twice as much money to accomplish your milestones. The business model (OEM through broadband and home security companies for mass distribution) if not specific product functionality has remained largely the same. ProfessorVC.

San Jose 28

San Jose Angel Investor Term Sheet Venture Capital 28

Transformify

MAY 28, 2018

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

VC Cafe

APRIL 29, 2020

Startups are able to secure the matched funding up to 3 months from submitting the request. This is part of Israel’s Ministry of Finance NIS 1.2 Source: NVCA , “Startup Ecosystem Faces Capital Crunch over Coming Months” USA – SBA Loans and PPP. Israel – 500M NIS to cash strapped startups.

SBA 124

SBA Technical Review Startup 124

VC Cafe

FEBRUARY 15, 2017

Security will shift from defensive to predictive AI-powered security (Norwest Venture Partners). Since AI and ML startups cut across verticals (analytics, fintech, health, adtech, security, etc), it’s easier to group them under the “machine intelligence” umbrella, coined by Shivon Zillis , a partner at Bloomberg Beta.

Artificial Inteligence 122

Artificial Inteligence Technical Review Startup 122

Cracking the Code

SEPTEMBER 19, 2017

12 cloud IPOs in the past 2 years: One from Europe SaaS companies are thriving in the public markets, with their aggregated market cap grew 350% since 2011, and 12 cloud companies going public in the past 24 months. billion in revenues (growing 39% year-on-year) and $25B of market cap. in the US, $2.6B in Europe and $0.9B

Europe 83

Europe Cloud API 83

Cracking the Code

OCTOBER 18, 2019

The new generation of public SaaS companies is also growing faster, reaching a $100 million revenue run rate in five to seven years today versus 10 to 15 years a decade ago. Finance, Market cap as of Oct 2009 and Oct 7, 2019 This public market momentum is continuing to accelerate with 24 SaaS IPOs in 2018-19 compared to 17 in 2015-17.

Europe 48

Europe IPO API 48

Cracking the Code

OCTOBER 10, 2008

Save Asia for post-IPO Single instance, multi-tenant, single datacenter - Have only one version of the code in production. Be prepared to cross the desert - SaaS requires R&D and sales expense up front for a multi-year stream of revenue, so it demands enough investment capital to fund 4+ years of runway. Great list!

Software Review 48

Software Review North America Europe Metrics 48

Ben's Blog

MAY 24, 2021

IPO market. There are a number of trends concerning IPOs and capital formation to note: First, the raw number of IPOs has declined significantly: From 1980-2000, the US averaged roughly 300 IPOs per year; from 2001-2016, the average fell to 108 per year. In the first quarter of 2021 alone, SPACs raised $87.9

SEC 36

SEC Accredited Investor IPO Technical Review 36

abovethecrowd.com

JUNE 2, 2021

On March 26, SoFi announced that “it will be offering its members (at least those with $3K in their account) the ability to invest in IPOs for companies going public, an investment opportunity that has traditionally been reserved for large institutional investors or ultra-high-net-worth individuals.”

IPO 82

IPO Customer Matching Silicon Valley 82

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