steveblank.com

JULY 8, 2011

Useful blogs and links for startups Click Here ————– 2.

Software Review 110

Software Review Startup Silicon Valley Analytics 110

Startup Professionals Musings

AUGUST 10, 2014

Every startup dreams of achieving that milestone, when they can focus more on scaling the business and enjoying their earnings rather than fighting for another investment infusion. Should they focus on increasing revenues and profitability, or entice more and more users with free services to increase their valuation.

Revenue 246

Revenue Entrepreneur Valuation Viral 246

www.avc.com

SEPTEMBER 22, 2011

This is NOT your 409a valuation (we call that "fair value"). This "best value" can be the valuation on the last round of financing. Whatever approach you use, it should be the value of your company that you would sell or finance your business at right now. Or it can be a public market comp analysis.

Equity 64

Equity Employee CTO Hire Fractional CTO 64

www.vccafe.com

MARCH 11, 2013

Startup Resources (Updated Mar 2013). Venture Capital Cafe > Startup Resources (Updated Mar 2013). VC & Startup Resources. Seed Startups. VC Cafe covers early stage Israeli and European tech & mobile startups. Hundreds of startups featured since 2005, will yours be next? About VC Cafe.

Software Review 53

Software Review Technical Review Startup 53

Austin Startup

AUGUST 20, 2017

August 20, 2017: This is another in my series of posts all leading up to a book on Startup Decision Making. One of the most common mistakes I see in startups is making decisions that lose sight of the context , including the past, present, and future. Compensation decisions obviously affect hiring and retention.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

www.mint.com

MARCH 9, 2010

If you are considering working at a startup, you should ask these questions. What is the post-money valuation of your last round? Post-money valuation” is the value of the company after the last round of money was put in (again, lines of credit and promises don’t count). The right answer is, “We’re a startup.

Software Review 68

Software Review Startup Post-Money Valuation Technical Review 68

View from Seed

OCTOBER 15, 2014

Over the summer, based on feedback from our portfolio and the broader startup community, NextView created pre-formatted board deck templates for seed-stage startups — part of our Growth Guides series. Finance is mission critical, for instance – it just appears on a recurring basis.

Seed Stage 331

Seed Stage Cap Table Metrics Burn Rate 331

Gust

NOVEMBER 4, 2011

Entrepreneurs and investors who have spent any time dealing with convertible debt seed financing transactions are likely to have encountered the subject of valuation caps. Valuation caps can come into play in settings other than seed-stage convertible note financing rounds. Read on for a fuller explanation.

Valuation 98

Valuation Pre-Money Valuation Merger Vesting 98

View from Seed

SEPTEMBER 25, 2019

A few potential slides which can be included in the Appendix: Exit Analysis: Not always as important during the early startup stage since an exit event is presumably in the distance away. Other Questions: Every startup is different. But the real significance of these figures is the exercise behind it.

Seed Stage 166

Seed Stage Retention Restful Valuation 166

Berkonomics

FEBRUARY 21, 2019

First, few startups can use that much money today with all the virtual services available and increasingly inexpensive methods of development, prototyping and marketing. Third (if you’re keeping score), it is not wise to dilute the founder’s ownership greatly in the first round of financing. Four reasons you should reconsider.

Dilution 48

Dilution Retention Valuation Startup 48

Startup Professionals Musings

DECEMBER 5, 2016

Too many entrepreneurs put their best creative thinking into the startup idea, and believe that the business implementation simply requires following tried and true business practices. In my experience as a startup advisor, nothing could be further from the truth. Search for recognizable patterns in disconnected domains.

Retention 120

Retention Valuation Equity Analytics 120

A Smart Bear: Startups and Marketing for Geeks

OCTOBER 23, 2012

Witness, for example, this terrific Fast Company article on Bill Nguyen , serial entrepreneur who’s seventh startup “Color” famously raised $41m for a new mobile app before it even launched. It’s not about the financing path, it’s about what you’ve decided to build. And it’s now bankrupt.)

IPO 240

IPO Flash Bootstrapping Private Equity 240

Berkonomics

FEBRUARY 24, 2012

First, few startups can use that much money today with all of the virtual services available and increasingly inexpensive methods of development, prototyping and marketing. Third (if you’re keeping score), it is not wise to dilute the founder’s ownership greatly in the first round of financing. Fourth, there is the matter of control.

Dilution 72

Dilution Retention Valuation Equity 72

The Equity Kicker

MAY 15, 2012

When I read on Techcrunch this morning that Quora has raised $50m at a $400m valuation I thought “‘wow’, that’s interesting, I haven’t heard much about them recently, I wonder how they are getting on”. Here are some of the highlights: they had a ‘fundamental understanding’ of their product and why people use it.

Viral 108

Viral Framework Aggregator Retention 108

Startup Company Lawyer

FEBRUARY 21, 2010

For example, if a company has raised $20M in venture financings by issuing non-participating preferred stock , the holders of common stock will not receive any proceeds from an M&A transaction unless the transaction value exceeds $20M. Straight Retention Plans. Change of Control Bonus Plans. Participation.

Retention 31

Retention Liquidation Preference Employee Common Stock 31

Agile VC

NOVEMBER 9, 2015

This past Friday Square also filed an initial pricing range of $11-13/sh which would give them an enterprise value less than their last round of financing ($6B post-money). I’ll address potential valuation further down the post here. physical world) merchants process credit card payments. Revenue Growth.

IPO 165

IPO .Net Revenue Acquisition 165

Rob Go

NOVEMBER 30, 2015

WSJ: Fidelity Sees Big Gains from Hot Startups – Oct. Fortune: Fidelity Marks Down Even More Popular Tech Startups – Nov. There is greater variability in the size, valuation, and stage of companies that raise seed rounds, and often, companies raise 2 or 3 seed rounds before a series A. This has started to unfold.

Later Stage 28

Later Stage Marketing Early Stage Ratchet 28

Agile VC

FEBRUARY 2, 2012

AGILEVC My idle thoughts on tech startups. I recently wrote a post noting that while the growth cycle of startups has clearly accelerated in the last 5 years, the number of truly monster new businesses (a company ultimately worth $75-100B) remains about the same … it’s a once in a decade sort of thing. February 2, 2012.

IPO 100

IPO South Korea Venezuela Revenue 100

dondodge.typepad.com

JANUARY 15, 2011

The entrepreneur expects the company to be worth many times this valuation and so does the investor. The key is to have several VCs or investors competing for the deal to arrive at a "fair" valuation. So they will give you a pre-money valuation somewhere around the amount you raise. That is how much you should raise.

Equity 40

Equity Employee Dilution Valuation 40