Steve Blank

JUNE 24, 2013

Lobbyists also work through regulatory bodies like FCC , SEC , FTC , Public Utility, Taxi, or Insurance Commissions, School Boards, etc. When you get customer scale and raise a large financing round , take the battle to the incumbents. i.e. revenue/profit sharing, two-tier hiring, etc. Cut deals with the rent seekers.

North Carolina 227

North Carolina New Jersey New York Government 227

Growthink Blog

SEPTEMBER 10, 2012

Given that most startups and small businesses have neither of these, for them attaining traditional bank financing has such a low probability of success that it is rarely even worth the time to pursue. So, where should the creative and committed small business owner go for funding when the banks say no? Family and Friends.

SEC 78

SEC Equity Finance Product Development 78

Seeing Both Sides

DECEMBER 3, 2009

.   Many VC-backed companies don’t do audits until a certain point of maturity to avoid costs and distractions, but certainly a company reporting more than $10 million in revenue should have formal audits.   More than any other management team member, the CFO or VP of Finance must feel accountable to the board directly.

Technical Review 31

Technical Review Due Diligence Silicon Valley SEC 31

BeyondVC

AUGUST 9, 2006

Ultimately what will give you the best chance for success is focusing on the things that you can control – building a real business with a real economic model that can generate cash from internal operations vs. through external financing. As he discusses in his blog post: Why I decided to pull our IPO filing. technology sector.

Technical Review 60

Technical Review IPO SEC Stock 60

YoungUpstarts

JULY 6, 2017

Once you learn about all of your financing options, you could choose the one best suited to help your business grow. In order to become an angel investor, one must have a net worth of at least $1 million, an annual income of $200,000 and be accredited by the SEC. By self-financing, you can maintain control of your startup.

Syndicate 127

Syndicate Syndication Software Review Angel Investor 127

Austin Startup

JUNE 1, 2018

It appears in our SEC filing as $5 million because we had $2.5 We measure everything and use data to model how to scale our growth investments and revenue so that we touch $0 and reach profitability at the same time. Entrepreneurs get to write and rewrite the rules, including the rules of financing. million, not $5 million.

Silicon Valley 48

Silicon Valley SEC Venture Capital Angel Investor 48

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. The cap is irrelevant if the next equity financing is at a valuation below the cap amount.) was spun out, and the valuation was set by that financing round.

Valuation 98

Valuation Pre-Money Valuation Merger Vesting 98

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

abovethecrowd.com

FEBRUARY 24, 2015

Historically, different financial institutions specialized in different stages, because the assessment of risk and opportunity was considered unique at each stage — for example, a seed investor was unlikely to do late-stage financing, and vice versa. You must subtract it from your top-line revenue.

IPO 40

IPO Liquidation Preference Valuation Technical Review 40

abovethecrowd.com

APRIL 20, 2016

Why the Unicorn Financing Market Just Became Dangerous…For All Involved. A high performing, high-growth SAAS company that may have been worth 10 or more times revenue was suddenly worth 4-7 times revenue. By the first quarter of 2016, the late-stage financing market had changed materially. ” Go public.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

Mike Michalowicz

OCTOBER 19, 2015

Seth’s role there was to perform audits; prepare tax returns for Corporations, S-Corps, LLC’s, Partnerships; and bankruptcy compilation work for SEC reporting and litigation. Previously, from 1999 to 2001, Seth was a Senior Revenue Accountant for the Veterinary Centers Of America.

Video 60

Video SEC Bankruptcy Wisconsin 60

Occam's Razor

MAY 19, 2014

Now you might see 60 secs and 5 PVV, 150 secs and 20 PVV, 98 secs and 5 PVV. Conversion Rate is money, sometimes directly as revenue and other times indirectly via Leads collected. The purists amongst you might notice that I'm really using Revenue as the BFF. Revenue <-> Profitability.

Metrics 159

Metrics Analytics SEC Acquisition 159

The Startup Magazine

MAY 1, 2018

One of the reasons for that is that the internal revenue code does not allow any direct Holdings. The problem with that is that investments in the grayscale Bitcoin Investment Trust can only be made by investors who have been accredited by the SEC, which very few people are. Several Options Available. Thankfully, all is not lost.

LLC 83

LLC SEC Portfolio Revenue 83

Ben's Blog

MAY 24, 2021

Small” IPOs — companies with less than $50m in annual revenue at the time of IPO – have declined from more than 50% of all IPOs in the 1980-2000 timeframe to about 25% of IPOs from 2001-2016; Companies are staying private much longer — the median time to IPO from founding hovered around 6.5

SEC 36

SEC Accredited Investor IPO Technical Review 36

Growthink Blog

APRIL 2, 2012

While the crowdfunding portion of the bill still needs to go through SEC rule-making, the die is clearly cast that a whole new social networking – based world of start-up and small business investing and financing is coming fast upon us. This week, the President is expected to pass H.R. small and medium-sized companies.

Disintermediation 72

Disintermediation Technical Review SEC Early Stage 72

Both Sides of the Table

OCTOBER 18, 2015

“Trade in an asset at a price that strongly deviates from an asset’s intrinsic value” The arguments against that, “This time the startups have real revenues!” ” or “Only private markets have increasing value so it can’t be a bubble!” ” ring hollow. So my outlook for 2016?

IPO 150

IPO Venture Capital LP SEC 150

www.quora.com

JANUARY 16, 2011

You can argue that the DNA created by Microsoft's over emphasis on distribution (Steve) and development (Bill), has ultimately cost it $50bn or more in lost revenue, market share and market capitalization. You don't necessarily need a team of specialists in each field (product, management, marketing and finance).

Technical Review 51

Technical Review Startup CTO Hire Cofounder 51

abovethecrowd.com

JUNE 2, 2021

He then argues Squarespace, as a result of choosing a Direct Listing, ended up with a valuation multiple of 6.7X, which he says compares unfavorably to its public peer $WIX (which has an 8X forward revenue multiple). That said, the NYSE and NASDAQ have SEC approval for “Direct Listing with a Primary Raise.” Interestingly, the 7.5X

IPO 82

IPO Customer Matching Silicon Valley 82

Both Sides of the Table

SEPTEMBER 17, 2017

Terrorism at scale can only occur when these organizations can move money around to finance people who make bombs, buy guns, train recruits and so forth. But for the same reason we have SEC oversight on trading public stocks, we need oversight or nefarious actors will manipulate the system. Regulation will come. It needs to come fast.

Government 280

Government Distribution Stock United States 280