Steve Blank

JUNE 24, 2013

Rent seekers are individuals or organizations that have succeeded with existing business models and look to the government and regulators as their first line of defense against innovative competition. They use government regulation and lawsuits to keep out new entrants with more innovative business models. Rent Seekers. No regulation?

North Carolina 227

North Carolina New Jersey New York Government 227

Agile VC

AUGUST 9, 2012

We also know lots of valid reasons why the company could be valued at far less than it once was including: Stalled Growth – revenue essentially flat over the last 4 quarters. You can read about all of this stuff in Zynga’s own SEC filings or the popular press. Zynga’s trailing revenue is nearly $1.2B

Stock 160

Stock LBO .Net Valuation 160

Gust

NOVEMBER 15, 2012

But by far the biggest issue is that the very essence of public markets (and what makes them “public”) is that the SEC mandates an enormous amount of transparency, including complete quarterly financial statements, complete publication of the company’s cap table including all significant shareholders, and so forth.

Seed Stage 131

Seed Stage Hockey Stick Cap Table Liquidation Preference 131

Berkonomics

SEPTEMBER 26, 2013

You know that the buyer will be crawling the offices with legal and accounting personnel, reviewing contracts, financials, governance documentation, intellectual property, leases, and much more. First, should you inform your employees of the deal? How do you explain this if not by making a general announcement? Email readers, continue here.]

Due Diligence 85

Due Diligence Liquidity Event Intellectual Property SEC 85

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.   Further, the audit committee should meet with auditors on an annual basis without management in the room.

Technical Review 31

Technical Review Due Diligence Silicon Valley SEC 31

ReadWriteStart

APRIL 2, 2012

That cap will now specifically apply to a broader group of small companies: those with annual gross revenues of $1 billion or less (adjusted for inflation), within a five-year interval from the sale of its first security. Previously $5 million, the securities sales cap will be raised to $50 million.

IPO 121

IPO Startup Florida Seed Capital 121

Gust

MAY 24, 2012

By contrast, venture capital and angel investments normally take the form of Preferred Stock with rights and preferences set forth in the company’s Certificate of Incorporation and other governance documents.

IPO 159

IPO Equity Common Stock Stock 159

ConversionXL

JUNE 26, 2017

Hint: it’s not usually a company-valued metric like revenue. ask only simple easy questions – that should be clear in the first 5 sec.). Hybrid Product analytics organization: Central teams for tools, methods, governance. Data governance – hated but necessary: Rules of play. Know your North Star Metric.

Analytics 85

Analytics Sweden Metrics Estonia 85

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

abovethecrowd.com

APRIL 20, 2016

A high performing, high-growth SAAS company that may have been worth 10 or more times revenue was suddenly worth 4-7 times revenue. As an example, most Unicorn CEOs still have no idea that discounts, coupons, and subsidies are contra-revenue. SEC Visits Silicon Valley. The same thing happened to many Internet stocks.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

ReadWriteStart

APRIL 5, 2012

So the idea that a) we would allow more IPOs, but b) it had to be consistent with SEC regulations, was really the intent of what we were doing.". This is actually borrowing from existing SEC regulations that apply to small companies." And they'd rather be in a regulated environment rather than a contractual environment.

IPO 118

IPO SEC Silicon Valley Startup 118

www.paulgraham.com

APRIL 28, 2010

The SEC defines an "accredited investor" as someone with over amillion dollars in liquid assets or an income of over $200,000 ayear. There never has to be atime when you have no revenues. 6 ]Ive omitted one source: government grants. The regulatory burden is much lower if a companys shareholdersare all accredited investors.

Technical Review 76

Technical Review Startup Software Review Angel Investor 76

abovethecrowd.com

JUNE 2, 2021

When one agent acts on behalf of multiple principals, the multiple principals have to agree on the agent’s objectives, but face a collective action problem in governance, as individual principals may lobby the agent or otherwise act in their individual interests rather than in the collective interest of all principals.”

IPO 82

IPO Customer Matching Silicon Valley 82

Both Sides of the Table

SEPTEMBER 17, 2017

If you read the headlines or talk with zealous friends you may well think cryptocurrencies are either our savior from bureaucratic, ossified governments or are purely speculative Ponzi schemes. More Stable Currency for Some Citizens of the World Some people don’t trust their governments with a national currency.

Government 280

Government Distribution Stock United States 280