Cracking the Code

NOVEMBER 10, 2009

Thoughts from a Venture Capitalist on Software, Software-as-a-Service (SaaS), Cloud Computing, Internet and more. On the IPO front, LogMeIn made the news, being one of the few tech IPO on the NASDAAQ in 2009. The stock was very well received, jumping 25% on its first day of trading. internet. (6). Global Warning!

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Software Review Technical Review IPO Cloud 48

Growthink Blog

MAY 14, 2012

Because golly, when it comes to the IPO market and public market returns in general, help is needed in a big way. Since the Internet bubble burst in 2001, the number of IPOs hasn’t recovered to even 1980s levels. Hopefully, it will help. How bad is it? That's 30 years ago, folks. Or, in hard numbers from 1990 to 1996, 1,272 U.S.

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IPO Private Equity Initial Public Offering Balance Sheet 78

Reid Hoffman

DECEMBER 10, 2020

With Airbnb’s IPO, I thought the time was right to take a look back at the past decade (Greylock led Airbnb’s Series A in November 2010) and reflect on what I learned from the journey. But I thought that if this actually works, it can have a global impact and generate virtually uncapped returns.”. HOW GREYLOCK INVESTED IN AIRBNB.

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Hosting Hockey Stick IPO Silicon Valley 69

Feld Thoughts

JANUARY 2, 2019

By the time people are prognosticating on the direction of things, the prices of crypto, interest rates, IPOs, the stock market, P/E multiples, and everything else, it’s too late – you have already missed the moment you are probably searching for. Others, like the global financial crisis, were adjacent to my world.

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United States IPO Stock Search 104

Start Up Blog

NOVEMBER 18, 2020

– – – The Tale of 2 Tech IPO’s. DOOR DASH – IPO. – who aren’t silly – But they’ll make their money at the IPO – which retail investors will get caught carrying the can. AIRBNB IPO. Now let’s compare this to internet darling Airbnb. This is key.

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IPO Valuation Software Venture Capital 62

Steve Blank

JUNE 15, 2011

Today, the signs of the new bubble are the Linked-In initial public offering (IPO), Facebook’s stratospheric valuation and the rapid rise of early-stage startup valuation. The Linked-in IPO valued the company at $8.9 It sent a signal that there is an irrational demand for tech IPOs.

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Silicon Valley Stealth Valuation Mississippi 328

Agile VC

JUNE 5, 2011

So Groupon obviously filed their S-1 the other day to formally being the IPO process. It also puts another chink in the armor of the meme that monster internet companies can only be built in Silicon Valley (LivingSocial, Kayak, Gilt Groupe, CSN Stores, et al doing damage here too). AGILEVC My idle thoughts on tech startups.

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North America Chicago Boston Silicon Valley 100

www.entrepreneur.com

SEPTEMBER 22, 2011

Money Money Home Financing Taxes Accounting Basics Personal Finance Money Management Payments & Collections IPOs and DPOs Will Crazy Market Moves Kill IPOs and Slash VC Investment? Posted in Internet/E-Commerce 26 days ago How Do Master Franchise Owners Get Paid? Financing Some Jobs Act Proposals Make Headway. Play Video.

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Sweat Equity Equity Fractional CTO CTO 55

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).

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Founder Technical Review CTO Hire IPO 252

abovethecrowd.com

JULY 10, 2014

As a result, most models are used as a rough guide to see if you are “in the ball park,” or to see if a particular stock is either wildly under-valued or over-valued. What Professor Damodaran thinks, or what anyone who is not a buyer or seller of stocks thinks, is fairly immaterial. The global market would obviously be much larger.

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San Francisco San Jose Marketing Technical Review 111

David Teten

APRIL 1, 2011

I hope that you can join us Monday night, April 4, midtown NYC, at a panel on “Innovation in Private Company Liquidity-Online Merger Markets, Social Media, Secondary Markets, Non-US Markets, Private Equity, and the Disappearing IPO” The program is sponsored by the HBS Club of New York and the HBS Angels of NY.

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Private Equity Merger IPO Equity 68

ReadWriteStart

APRIL 26, 2012

There used to be the Four Horsemen of the IPO world, back in the '80s and '90s. The answer is, they couldn't make any money trading, [or on] giving analyst support for small stocks because the spread got too small.". When small fluctuations in stock value changed from 12.5¢ down to 1¢, the meaning of small stock got smaller.

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IPO Stock San Francisco Lean 115

The Next Web

JANUARY 24, 2014

So let’s take stock: What do we offer? We boast the world’s second highest fixed broadband Internet subscription rate only an inch behind Sweden. Ninety-four percent of households are equipped with a computer and have Internet access (the others are still playing 8-bit Nintendo). Not in my view.

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Netherlands Technical Review Stock Silicon Valley 143

Reid Hoffman

MARCH 19, 2019

And from a financial perspective, any investor would be better off buying stock in Amazon than buying and share of a corner bookshop; if you invested $100 in Amazon’s 1997 initial public offering (IPO), those shares would have been worth about $120,000 in 2018. Amazon saw that the internet would change retail.

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Cofounder Business Model IPO Non-Compete 28

Both Sides of the Table

MAY 23, 2012

There are obvious reasons the industry has had less-than-desirable returns, including: massive over-funding of the sector, huge increases in inexperienced venture capitalists that took a decade to peter out, and the massive correction in the value of the public stock markets that closed many exit opportunities for half a decade.

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Venture Capital Technical Review LP Mobile 347

thebarefootvc

SEPTEMBER 28, 2014

On September 19, Ma led Alibaba to the largest IPO in history, listing the company on the New York Stock Exchange. If there was any doubt that the 21st century will be “The Asian Century” Jack Ma and Narendra Modi, an unlikely pair, lay those doubts to rest.

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India China Africa Government 40

Growthink Blog

JUNE 4, 2012

Why the full future for Facebook and the performance of its stock is yet to be written, as of today it is selling at prices significantly less than at which it traded on popular, private secondary markets like SharesPost and Second Market as recently as three months ago. Compare that to today's financial markets.

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Private Equity Stock IPO Equity 72

Both Sides of the Table

DECEMBER 13, 2010

Increasingly it became difficult to tell any system integration company apart and there was a whole new breed of competitors in the market helping companies build Internet businesses. Andersen had lost its long-time CEO, George Shaheen, was hemorrhaging staff and wasn’t exactly known as being an Internet pioneer.

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Turkey Differentiation IP Technical Review 302

Seeing Both Sides

APRIL 10, 2011

In May 1996, Open Market completed a successful IPO and more than doubled on the first day of trading, ending with a $1.2 But if that observation led them to refrain from investing in the Internet sector, they would have missed one of the most stunning legal creations of wealth in history. This IPO and others like it (e.g.,

IPO 48

IPO IRR Brazil Government 48

Seeing Both Sides

AUGUST 3, 2012

Many people know Akamai as the purveyor of the Internet’s backbone. Incorporated in 1998 in Cambridge, Massachusetts, the company’s network of over 100,000 globally distributed servers provides an infrastructure layer that accelerates the distribution and delivery of content, media and applications. Akamai: The Present.

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Distribution Lean Massachusetts Cofounder 49

online.wsj.com

JULY 11, 2012

Virtual Stock Exchange. The Wall Street Journal is phasing out support of the Internet Explorer 6 (IE6) browser. Internet Explorer. Stock Quotes. Zynga went public last December with three classes of stock. Groupon went public in November with two classes of stock. MarketWatch. SmartMoney. SmartMoney.

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Silicon Valley Founder Software Review Technical Review 42

online.wsj.com

SEPTEMBER 23, 2012

Virtual Stock Exchange. Stock Quotes. based companies initially funded by venture capital between 2006 and 2011, 84% now are closely held and operating independently, 11% were acquired or made initial public offerings of stock and 4% went out of business, according to Dow Jones VentureSource. INTERNET BUSINESSES.

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Venture Capital Software Review Rhode Island North Dakota 107

Startup Lessons Learned

JUNE 9, 2020

This was supposed to be Airbnb's biggest year by many measures, including its IPO, which was one of the most anticipated since the 2008 financial crisis. Instead, the global pandemic has turned 2020 into its most harrowing year. 20:32) On believing in the internet as an immune system, then learning it's not and taking responsibility.(22:55)

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Silicon Valley Hosting Cofounder Employee 60

Startup Lessons Learned

SEPTEMBER 8, 2009

So heres my simple question: What do folks in Washington need to know about the global community of entrepreneurs? Id like to see if we can come up with policy suggestions, concerns, or questions that might promote entrepreneurship generally - and globally. Ease the process for startups to get access to global talent.

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DC Washington San Francisco SBIR 90

philipsmith.typepad.com

SEPTEMBER 24, 2011

Don't be paying yourself or others a decent salary and then expect someone else just to work for stock. Globalization. TechCrunch A premier network of technology, startup and internet-related sites. But get it right: Make sure the arrangements are fair and equitable to all. Categories. Best Practices. Business Management.

Silicon Valley 40

Silicon Valley Equity Technical Review Recapitalization 40

Scalable Startup

FEBRUARY 1, 2013

And now all of a sudden you have got this global market of all these early adopters that have smartphones connected to the Internet, and they can just pick up their things and run with them. So it would seem like they are an antidote to, or at least less offensive than, social/consumer Internet companies are to the public markets.

Software Review 22

Software Review Startup Venture Capital Stock 22

Both Sides of the Table

MARCH 30, 2016

Many had started IPO’ing and we started to think about our future. forward revenue for public comps (comparable stocks). Invoca had grown steadily and consistently since 2009 and by 2015 SaaS companies with scale had become hot – trading at a median of 7.3x forward sales with some as high as 12x sales. FOMO was NOMO.

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Balance Sheet Burn Rate Valuation Forecast 150

Cracking the Code

SEPTEMBER 2, 2008

Thoughts from a Venture Capitalist on Software, Software-as-a-Service (SaaS), Cloud Computing, Internet and more. He should have invested in Lawson obviously… I could not track back their stock price in 1998 when NetSuite was launched, but since Jan. 2002, the stock price went from $17.5 internet. (6). for Lawson?

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Software Review Software Technical Review Cloud 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

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SEC Accredited Investor IPO Technical Review 36

Startup Lessons Learned

MAY 4, 2021

It was one of the year's most successful IPOs so far, and has been heralded as a "landmark moment" for cryptocurrency's entrance into mainstream investing. Just before the IPO, I had a far-reaching conversation with co-founder and CEO Brian Armstrong as he approached this major milestone for the company he co-founded back in 2012.

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IPO Cofounder Technical Review Government 113

Austin Startup

MAY 3, 2017

Today’s economy is substantially more freelance for one, but as it pertains to technology and innovative entrepreneurship, we find ourselves in an era that is bringing tech to traditional industries that have yet to have fully embraced what the internet has caused: data, connectivity, globalization, scalability, and efficiency.

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Texas Startup Silicon Valley Bootstrapping 48

Reid Hoffman

FEBRUARY 28, 2019

Today, Groupon is worth about 1/10th what it was on the day of its IPO, and revenues have been flat for years. Rocket Internet, the startup factory run by Germany’s Samwer brothers, raised $90 million and hired 400 people to rapidly scale up an “Airbnb of Europe.”

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Startup North Dakota Acquisition Europe 28

Scalable Startup

MAY 16, 2015

While the global financial crash of 2008 and the resulting Great Recession initially slowed job growth in Silicon Valley, the meteoric rise of smart phones and social media helped the tech industry as a whole to power ahead despite the near collapse of the global economy. A Variation on the Global Economic Crash of 2008?

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San Francisco Silicon Valley California Oakland 20

www.vccafe.com

MARCH 11, 2013

Likelihood of Confusion -trademark, copyright and Internet Law. TIE UK : TiE, a not-for-profit global network of entrepreneurs and professionals, TiE is an organization of industry professionals who share the common interests of promoting and fostering entrepreneurial efforts. Benhamou Global Ventures. Global Catalyst Partners.

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Software Review Technical Review Startup 53

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. Open Sesame! (A

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Technical Review Silicon Valley Incubator Syria 93