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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

Should SaaS companies trade at a 24x Enterprise Value (EV) to Next Twelve Month (NTM) Revenue multiple as they did in November 2021? But it will be patiently deployed, waiting for a cohort of founders who aren’t artificially clinging to 2021 valuation metrics. We do deals in NYC, Paris, Seattle, Austin, San Francisco, London?—?but

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Praying to the God of Valuation

Both Sides of the Table

We had nascent revenues, ridiculous cost structures and unrealistic valuations. I would see Marc Benioff in the line for Starbucks at One Market in San Francisco and probably few could pick him out of a line up then. During this era, from 2009–2015, most founders I knew were in it for building great & sustainable companies.

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All The Questions You Wanted Answered about Bird Scooters and Their Recent $300 Million Funding

Both Sides of the Table

My friend Michael Broukhim, founder & co-CEO of FabFitFun and I recently had a catch-up meeting for 3-miles on the Santa Monica “Bird Trail” No company has ever elicited so many questions by friends, colleagues, entrepreneurs, fellow VCs and journalists as has Bird, the company that pioneered the electronic scooter as a service market.

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It's time for lean philanthropy: a case study

Startup Lessons Learned

Since then, in about 3 months, we’ve fed over 170,000 people and injected over $1mm into the local economy in San Francisco and Detroit. How HelpKitchen began The idea for HelpKitchen began with a conversation between Eric Ries and Jeff (founder and CEO of Twilio) and Erica Lawson.

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The Next Chapter for NextView

View from Seed

Through all of this, what has been obvious is her hunger to serve founders and desire to work with entrepreneurs to bring about the kind of world changing impact we seek to be a part of at NextView. We have a model that allows us to be very flexible in how we engage with founders and co-investors. Thank you for reading this.

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Lessons Learned: The lean startup

Startup Lessons Learned

This slinging of whatever against the wall to see what sticks does not a market make, is to me a sign of too much capital in the wrong hands, and it's already the most over invested area in recent years- in both human and financial capital- particularly relative to revenue. April 23, 2010 in San Francisco.

Lean 168
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Out of the Crisis #15: Lenore Estrada on her SF New Deal, serving the hungry, and civic engagement

Startup Lessons Learned

"We knew that if we wanted immediate action, the only way to do that was with private money," Lenore Estrada explained to me as we talked about why she founded SF New Deal in the days after being forced to lay off most of the staff at her San Francisco bakery, Three Babes Bakeshop. I'm the founder and executive director of SF New Deal.