Steve Blank

MARCH 18, 2011

We’re now in the second Internet bubble. The signals are loud and clear : seed and late stage valuations are getting frothy and wacky, and hiring talent in Silicon Valley is the toughest it has been since the dot.com bubble. They taught you about customers, markets and profits. Carpe Diem. Thus began the 5-year dot-com bubble.

Internet 335

Internet IPO Silicon Valley Agile 335

Both Sides of the Table

OCTOBER 1, 2009

In the first post in this three part series I described why I believe the VC market froze between September 2008 – April 2009. When the market run started in March people were relieved that “the world wasn’t ending” so they started spending again. Unemployment coupled with a stock market drop will stop this spending cold IMHO.

Technical Review 269

Technical Review Stock Hawaii Early Stage 269

Both Sides of the Table

DECEMBER 5, 2010

I recently spoke at Caltech at the Caltech / MIT Enterprise Forum on “the future of social networking,&# the 30-minute video is here and the PowerPoint presentation is here on DocStoc ). What are the big trends that will drive the next phase of social networks? And so it goes with social networking.

Social Network 318

Social Network Networking Internet Technical Review 318

Startup Professionals Musings

NOVEMBER 4, 2011

Get your Internet domain name and website. Reserve the company name on social networks to protect it. It should answer every question an investor or associate might ask, including current valuation, funding needed, and exit strategy. Network to the maximum with investor connections. Finalize your financial model.

Intellectual Property 249

Intellectual Property Angel Investor Technical Review Elevator Pitch 249

The Equity Kicker

JULY 18, 2012

We want to be a social network. Facebook and LinkedIn are highly profitable free social networks, but I can’t think of any others. Four or five years ago the list of free social networks that were popular but not making money was equally long, but totally different. Let’s say advertising.

Social Network 92

Social Network Networking Advertising Valuation 92

Genuine VC

JULY 19, 2010

a new segment of the institutional venture market is emerging. Both super-angels are institutionalizing “up” and formerly traditional VCs shifting “down” to fill a market opportunity. It’s clear that despite the varied terminology (Super Angel, Micro VC, Seed Stage VC, Seed Firms, etc.), Structural.

Seed Stage 175

Seed Stage Technical Review Dilution Offshore 175

Both Sides of the Table

FEBRUARY 6, 2019

Valuations are out of control” is the mantra of others. That’s a reason why some are quick to portend “a new bubble” but this post sets out to show that would be a misunderstanding of the market and in fact by historic levels this may be amongst the best times to invest in seed and early-stage funds. We’re in a new tech bubble!”

Venture Capital 292

Venture Capital IPO Mezzanine Early Stage 292

Startup Professionals Musings

SEPTEMBER 23, 2010

Get your Internet domain name and website. Reserve the company name on social networks to protect it. It should answer every question an investor or associate might ask, including current valuation, funding needed, and exit strategy. Network to the maximum with investor connections. Finalize your financial model.

Angel Investor 224

Angel Investor Intellectual Property Technical Review Elevator Pitch 224

Both Sides of the Table

MARCH 22, 2011

Or how about the inventor of the Internet? “Maybe,&# says Naval, “Certainly valuations are creepy up quickly in all stages of deals. On the other hand, 10 years ago when we all felt like this last time the total market size for any company was at maximum 100 million potential users. No, not Al Gore. He was there.

Technical Cofounder 294

Technical Cofounder Austin Hosting Cofounder 294

Both Sides of the Table

AUGUST 23, 2010

For me this dates back to pre-Internet days of bulletin boards, CompuServe , Prodigy and the like. If I’m totally honest it started as a marketing exercise. I’m the same but without a big following and without wanting to put in the effort to market myself to create a community I can achieve what I need to on Quora.

Silicon Valley 301

Silicon Valley Pre-Money Valuation Technical Review Software Review 301

Steve Blank

JUNE 15, 2011

A tech bubble is the rapid inflation in the valuation of public and private technology companies that exceeds their fundamental value by a large margin. 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.

Silicon Valley 330

Silicon Valley Stealth Valuation Mississippi 330

thebarefootvc

DECEMBER 16, 2011

Powered by cell phones and social networking platforms, we saw revolutions taking place, businesses being transformed and our daily lives made more convenient (if we could tear ourselves away from our Facebook and Twitter updates).

Technical Review 110

Technical Review India Mobile Hockey Stick 110

The Startup Magazine

MAY 7, 2024

Moreover, the traditional barriers in investing are broken down since anyone with a credit card or an internet connection can become your investor. It encourages users to form social networks around shared values and offers tools for petitions, pledges, surveys to foster digital activism.

Campaign 139

Campaign Seed Capital Social Network Global 139

Both Sides of the Table

APRIL 14, 2012

…” I’ll write soon on my views of why I believe Instagram took off as a social network and what I think comes next. Instagram happens to be one of the few social networks I regularly use along with Twitter. Did raising money at a $500 million valuation help secure the $1 billion deal?

Valuation 316

Valuation Balance Sheet Dilution Term Sheet 316

Start Up Blog

APRIL 28, 2011

Un-Social Networking: Martin Lindstrom of Brand Sense says we are suffering a little from digital emptiness. The above equation is something that marketers, brands and businesses need to take note of. The internet is trying to mimic the real world. The internet is in every second pocket. GENERATION D (Digital).

Moldova 91

Moldova Internet Australia Libya 91

Startup Professionals Musings

DECEMBER 1, 2017

The alternatives range from giving the product away for free (revenue from ads), to pricing based on costs, to charging what the market will bear (premium pricing). This doesn’t work well with “nice to have” offerings, like social networks, but does work for new drugs and medical devices that solve critical health problems.

Revenue 166

Revenue Affiliate Advertising Retention 166

Steve Blank

JUNE 17, 2011

The major adoption wave for the Internet technology platform will hit in the next 8 years; 3) the economics of building Internet businesses has changed; 4) the markets are much bigger. But to support his position for future valuations Ben lists the low price/earnings ratios of Apple, Amazon, Google, Salesforce.com.

Investment Bankers 316

Investment Bankers Stock Valuation Venture Capital 316

David Teten

SEPTEMBER 23, 2017

The extreme example of this are algorithmic investors in the public markets, who design algorithms which trade on the designer’s behalf, as opposed to making trading decisions directly. High-frequency trading, algorithmic by its nature, is estimated to account for at least 50% of US equity markets trading volume. . 1) Market fund.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

Startup Professionals Musings

DECEMBER 24, 2012

Get your Internet domain name and website. Reserve the company name on social networks to protect it. It should answer every question an investor or associate might ask, including current valuation, funding needed, and exit strategy. Network to the maximum with investor connections. Finalize your financial model.

Angel Investor 260

Angel Investor Intellectual Property Elevator Pitch Angel Groups 260

Campus Entrepreneurship

JANUARY 10, 2011

With the movie, The Social Network, Man of the Year Status, and now a $50 billion valuation, Facebook and Mark Zuckerberg are heading into rare air among campus launched ventures (Google, Yahoo!, First, let’s compare Facebook’s valuation to the market capitalization of other Internet companies — Yahoo, EBay, Amazon and Google.

Valuation 34

Valuation Social Network Internet Technology 34

Startup Professionals Musings

APRIL 24, 2011

Internet and healthcare deals stayed flat and funding actually dipped. Get introduced via one of the social networks, or a professional organization, before you approach a VC with a business proposal. To make this work, you will need an initial valuation of at least $5M. Make a personal connection, directly or indirectly.

Venture Capital 233

Venture Capital Revenue Elevator Pitch Silicon Valley 233

Gust

DECEMBER 16, 2012

Get your Internet domain name and website. Reserve the company name on social networks to protect it. It should answer every question an investor or associate might ask, including current valuation, funding needed, and exit strategy. Network to the maximum with investor connections. Finalize your financial model.

Angel Investor 179

Angel Investor Intellectual Property Elevator Pitch Angel Groups 179

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.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

crowdSPRING Blog

MAY 22, 2012

This is less true for Salesforce – it continues to be a market darling while continuously losing huge sums of money. That’s very healthy revenue, but significantly below the revenue needed to justify a 100 billion dollar valuation. It’s already coming close to saturating the limits of world Internet usage.

South Korea 88

South Korea IPO Russia Stock 88

Both Sides of the Table

JANUARY 31, 2011

Mostly you read about fundings, product releases, big valuations, and M&A. It was 2002 – the “dog days&# of the Internet and we were running out of cash. My SVP of Sales & Marketing quit 30 minutes before an important board meeting. It was well past the Internet boom, well into Web 2.0, It was 2007.

Entrepreneur 384

Entrepreneur Startup Salary Egypt 384

David Teten

DECEMBER 3, 2019

In liquid markets, most of the calories expended on technology and analytics are focused on trade selection, or “ origination ”. I use another live Google doc to maintain my database of companies I’m marketing to other VCs. 2) Market . Many tools designed for B2B marketing in general are also relevant to investors.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Steve Blank

JUNE 22, 2011

Ben and his partner Marc Andreessen (the founder of Netscape and author of the first commercial web browser on the Internet ) are the definition of Smart Money. Their firm, Andreessen/Horowtiz , has been prescient enough to invest in social networks, consumer and mobile applications and the cloud long before others.

Internet 301

Internet Silicon Valley United States .Net 301

Start Up Blog

OCTOBER 12, 2022

When a top 10 company by valuation like Facebook, changes its name and focus to the MetaVerse – it is going to generate a lot of attention. Since its launch in 2004, Facebook was the clear winner of social networking with 3.6 Facebook / Meta wants to own what it thinks will be the future of social interaction.

Social Network 48

Social Network Government Valuation Advertising 48

Both Sides of the Table

JANUARY 22, 2011

Mostly you read about fundings, product releases, big valuations, and M&A. It was 2002 – the “dog days&# of the Internet and we were running out of cash. My SVP of Sales & Marketing quit 30 minutes before an important board meeting. It was well past the Internet boom, well into Web 2.0, It was 2007.

Entrepreneur 176

Entrepreneur Startup Salary Egypt 176

Seeing Both Sides

MARCH 2, 2011

The students concluded that the context around a venture matters tremendously - that smart phones, the explosion of apps and social networking all were important enablers that allowed foursquare to succeed at this particular moment in time. This is a unique and powerful aspect of the service. Raising money, scaling the team.

API 44

API Valuation Lean Burn Rate 44

Both Sides of the Table

NOVEMBER 8, 2010

The goal of any cartel is to control production, distribution & marketing of a set of goods with the goal of maintaining high prices. If you want to search for video content on the Internet it’s far easier / more useful to do on Clicker.com than on Hulu – even for content that is offered on their site!

Video 292

Video Technical Review Advertising Distribution 292

reidhoffman.org

NOVEMBER 12, 2013

It has many stylistic errors — and a few substantive ones, too — that I would now change having learned more, but I realized that it still provides useful insights for entrepreneurs and startup participants outside of the Greylock network, particularly across three areas of interest: how entrepreneurs should approach the pitch process.

Entrepreneur 111

Entrepreneur Revenue Viral Networking 111

Agile VC

FEBRUARY 2, 2012

How They Do It : Operate a social network at Facebook.com, through Facebook’s mobile apps, and the Facebook Platform which lets other websites extend Facebook’s tools for authentication and social sharing. Facebook estimates they already have 60% of addressable US internet users. Headquarters : Palo Alto, CA.

IPO 100

IPO South Korea Venezuela Revenue 100

The Next Web

SEPTEMBER 24, 2013

A fortnight ago, Boris interviewed Reed Hastings on his business lessons and experience, but now I’m shaking it up with a look at a 26-year-old founder who is disrupting the mobile and social networking spaces: Kik CEO and founder Ted Livingston. Based on that we came to control the entire messaging market for under-18s.”.

Entrepreneur 167

Entrepreneur CTO Hire Startup Mobile 167

ConversionXL

JANUARY 29, 2014

If recommendations from peers are so valuable – why don’t we prioritize our marketing investments in getting more ( or more valuable) – recommendations? A survey conducted by the Retail Advertising and Marketing Association (RAMA, a division of the National Retail Federation) provided some interesting information. image source.

Software Review 126

Software Review Stock Video Advertising 126

Eric Friedman

AUGUST 18, 2021

One dimension is a pretty firm belief that starting financial services companies should not be as hard as it is, and that there is demand in the market for yet another venture fund focused on functionally day-zero companies in financial services. Dan Kimerling: There are a couple of dimensions. You take a more tacit approach. Why is that?

Silicon Valley 88

Silicon Valley Venture Capital Cofounder Africa 88

www.currentlyobsessed.com

MAY 28, 2010

Currently Obsessed Joe Heitzeberg – Entrepreneur | Tech Geek | MBA Home About Me Joe Heitzeberg is an internet entrepreneur who has started and sold two companies. Valuation is an important aspect of VC deal terms, and a major determinant of your ultimate outcome. Or is it? That’s a nice way of putting it.

Valuation 42

Valuation Channel Pre-Money Valuation Term Sheet 42