Agile VC

MARCH 8, 2012

Tech IPOs Are Back – So Now What? Three of the five “blockbuster” tech IPOs I predicted have happened (LinkedIn, Groupon, Zynga) and the biggest of all (Facebook) has filed and will likely go public within the next 90 days. I see several dynamics at work in today’s IPO markets. March 8, 2012.

IPO 100

IPO Silicon Valley Revenue Seed Stage 100

Version One Ventures

DECEMBER 14, 2016

forward revenue in February 2016 (the low), they appreciated by 6% each month for the following six months. Of course, upcoming IPOs like Snapchat will bring some added excitement to the industry. Every 10-15 years, a major cycle reshapes the computing landscape: PC (1981), Internet (1994), Mobile (2007).

Technical Review 60

Technical Review Early Stage Portfolio Valuation 60

BeyondVC

MARCH 25, 2004

So while I was at PC Forum, my partner, Ned Carlson, sent me an email on the recent IPO filing of Seven Networks. Having talked to a number of bankers, we always thought that one needed $6-8mm of quarterly revenue, profitability for at least 1-2 quarters, and good visibility for the rest of the year in order to go public.

IPO 60

IPO United States .Net Software Review 60

Agile VC

MAY 26, 2011

Google is still a private company (their IPO was Aug 2004). Online social networking is a concept still being evangelized even in Silicon Valley… Friendster is in private beta (wasn’t until Oct 2003 they received Google acquisition offer which they turned down for Kleiner/Benchmark round). link] Terence Donnelly.

Term Sheet 178

Term Sheet Silicon Valley Technical Review Social Network 178

The Equity Kicker

DECEMBER 18, 2012

VatorTV had an article this morning reporting on the growth in mobile advertising. They note from the eMarketer chart inset right that US mobile ad spend is up 180% this year to $4.1bn and say that “after years and years of every year being proclaimed as the ‘year of mobile’ it finally happened in 2012”.

Mobile 100

Mobile Acquisition Forecast IPO 100

Agile VC

AUGUST 1, 2012

About 6-12 months ago you could hardly throw a rock in the startup ecosystem without hitting a VC expressing their enthusiasm for “mobile” Now the frenzy about mobile has extended into the mass media and public equity markets, though with trepidation as often as excitement. First the enthusiasm.

Mobile 160

Mobile Advertising Bandwidth Web 160

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. In the case of this bubble, it was social networks, consumer and mobile applications, and the cloud. The Linked-in IPO valued the company at $8.9

Silicon Valley 327

Silicon Valley Stealth Valuation Mississippi 327

crowdSPRING Blog

JANUARY 18, 2013

A VC: MBA Mondays: Revenue Models – Subscriptions – [link]. Thanks To Facebook, Strongest Year For IPOs Since 2000 With $21.5 The Dunbar Number, From the Guru of Social Networks | Businessweek - [link]. Social Networking Eats Up 3+ Hours Per Day For The Average American User - [link].

Social Media 94

Social Media Small Business Design Media 94

The Equity Kicker

APRIL 20, 2012

Looking at the mobile advertising industry over the last few years suggests that tipping point is around 3-5%. It’s an old cliche that for the first ten years of this century every years was supposed to be the year of the mobile, then the iPhone and Apple app store arrived and the mobile internet finally took off.

Advertising 102

Advertising Mobile IPO Marketing 102

Steve Blank

MARCH 18, 2011

Dot.com Bubble ( 1995-2000): “ Anything goes” as public markets clamor for ideas, vague promises of future growth, and IPOs happen absent regard for history or profitability. VC’s worked with entrepreneurs to build profitable and scalable businesses, with increasing revenue and consistent profitability – quarter after quarter.

Internet 334

Internet IPO Silicon Valley Agile 334

Agile VC

JUNE 5, 2011

So Groupon obviously filed their S-1 the other day to formally being the IPO process. They’ve grown from nothing to >$2B in revenue in 30 months time, making the company among the fastest growing businesses in the histroy of the world. Financial Snapshot: 2010 Revenue: $713M. in net revenue and passes $0.58

North America 100

North America Chicago Boston Silicon Valley 100

Hearpreneur

SEPTEMBER 9, 2022

Over the years, despite massive losses, Netflix was able to bounce back and improve its revenue by 47%. One of the top five largest IPOs in the world was done by the reformed General Motors in 2010, and the company generated a profit. Thanks to Jen Wan, Soteri Skin ! Thanks to Christopher Andrew, 420 expert advisers ! #18-

Entrepreneur 94

Entrepreneur Bankruptcy Southern California South Africa 94

The Equity Kicker

APRIL 11, 2012

The question on everyone’s lips is, of course, ‘how come a two year old startup with no revenues is worth $1bn?’. I think the answer is pretty clear – it’s all about Facebook’s IPO price. In this case Facebook’s pending IPO make it particularly easy to understand the logic.

IPO 110

IPO Valuation Forecast Acquisition 110

crowdSPRING Blog

MAY 22, 2012

Although Facebook’s stock price has fallen well below its IPO price of $38 per share, many people agree that the stock is still significantly overpriced. They can’t – certainly not based on Facebook’s current revenue opportunities. Moreover, current per user revenues outside of the U.S. Here’s why.

South Korea 88

South Korea IPO Russia Stock 88

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. It’s a great business. It still serves just 60 customers per day.

Cofounder 28

Cofounder Business Model IPO Non-Compete 28

Steve Blank

JUNE 17, 2011

Smart Money are prescient angel investors and Venture Capitalists who started investing in social networks, consumer and mobile applications and the cloud 3, 4 or 5 years ago. But they don’t support his justification of the bubble valuations we are seeing for companies filing for IPO’s (Pandora Media just priced its IPO at $2.6

Investment Bankers 310

Investment Bankers Stock Valuation Venture Capital 310

Both Sides of the Table

FEBRUARY 21, 2010

I believe that many social networks confused this idea. Our publisher distribution network reaches in the tens of millions of unique users and is comprised of “head end&# stars as well as many “mid tier&# and “long tail&# publishers. The affiliate networking market alone is about a $2 billion industry now.

Advertising 284

Advertising Las Vegas Affiliate RSS 284

Steve Blank

AUGUST 5, 2010

In 1980 Genentech became the first IPO of a venture funded biotech company. Most of the social and mobile channels (YouTube, Facebook, Twitter, iPhone, Android) have emerged in just the past 3-5 years. Finally, the “ death of the IPO &# and the emergence of the “ small market M&A &# changes Consumer Internet economics.

Lean 258

Lean Internet Silicon Valley Venture Capital 258

abovethecrowd.com

JULY 10, 2014

Increasing returns are particularly powerful when a network effect is present. According to Wikipedia , a network effect is present when “… the value of a product or service is dependent on the number of others using it.” There are three drivers of a network effect in the Uber model: Pick-up times.

San Francisco 111

San Francisco San Jose Marketing Technical Review 111

Both Sides of the Table

MAY 23, 2012

The movie, “The Social Network” might have had more of an impact on creating future entrepreneurs than any other event of the past 5 years. IPO markets had burned an entire cycle of retail stock investors and many institutional investors to boot. Mobility really changes everything. Thank you, Aaron Sorkin! The Exit Problem.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

View from Seed

JANUARY 24, 2018

Pierre Valade, Co-Founder of Sunrise & Mobile Designer at Microsoft. Fareed Mosavat is the product lead for Upgrades and Expansion at Slack, focused on revenue growth for Slack’s small business customers. Pierre Valade, Co-Founder of Sunrise & Mobile Designer at Microsoft. Sara Wajnberg, SVP of Product at Oscar.

Operations 176

Operations Cofounder Technical Review Angel Investor 176

BeyondVC

JULY 5, 2004

Russell Beattie has a thorough post on Jamdat Mobile’s IPO filing. As an investor, the difficult part of any consumer wireless play is that the wireless world is a walled garden and not an open network like the Internet. The post Jamdat Mobile files for IPO appeared first on BeyondVC.

IPO 60

IPO Mobile Distribution Revenue 60

adamac.blogspot.com

MARCH 9, 2010

Adam MacBeth Tuesday, April 07, 2009 10 Startup Red Flags Ive worked on a number of startups: from seed-stage through IPO, as a founder, employee, advisor, and consultant, as well as evaluating a bunch from the outside, so Ive seen my share of screw-ups. Adamac Attack! I think this applies up to about 50 people.

Technical Review 41

Technical Review CTO Hire Fractional CTO Startup 41

abovethecrowd.com

APRIL 17, 2013

With each hand, a small percentage of the pot is scraped off by the dealer, which in essence becomes the “revenue” for the casino. While casinos use the term “rake,” a plethora of interesting word choices exist which all describe the same thing – keeping a little bit of the revenue for the company that is running the service.

Europe 101

Europe Social Network Technical Review IPO 101

The Equity Kicker

NOVEMBER 17, 2015

The internet and mobile marginalised Microsoft’s dominance of the desktop and improvements in search took away the need for Yahoo’s portal of curated links. They’ve seen great companies like Yahoo and Microsoft lose relevance and they don’t want it to happen to them.

Social Media 60

Social Media Acquisition Curation IPO 60

Agile VC

JANUARY 27, 2012

Revenue ramp of Groupon and Zynga –> Kleiner famously said Zynga was the fastest growing company they’d ever invested in , no mean feat for the original backers of Google, Amazon, Netscape, etc, and Groupon might be the fastest ever startup to reach $1B in revenue. Read More ».

Hockey Stick 113

Hockey Stick Seed Stage Silicon Valley Syndicate 113

Hearpreneur

JANUARY 10, 2018

We look to fill this void while also rewarding customers for being a direct source of revenue. Also Sagoon, unlike other platforms, share 5% of the company’s revenue with every individual user as a reward of spending their time on the Sagoon platform. In short, Sagoon is a revenue sharing social commerce platform.

DC 48

DC Social Media India Asia 48

Rob Go

JANUARY 29, 2012

The entire Tech world is waiting with baited breath for the filing of Facebook’s IPO next week. Network fragmentation. Social networks should be incredibly robust because of network effects. Not natively mobile. I think the mobile internet will further accelerate the trend of network fragmentation.

Advertising 59

Advertising Mobile Aggregator Distribution 59

Seeing Both Sides

JULY 22, 2012

Over a year and a half ago, I did a two-part blog post on the East Coast IPO malaise – one focused on Boston (Massachusetts more broadly), another focused on New York. On the heels of the successful Kayak IPO, I thought I would do a retrospective look back. Meanwhile, not a single New York technology IPO has taken place.

Boston 52

Boston IPO Technical Review New York 52

Seeing Both Sides

APRIL 1, 2013

If you are a risk-taker and enjoy the challenges and roller-coaster ride, then the jungle phase is for you and you should bias towards seed funded or recently Series A funded companies that are pre-revenue. These networking meetings will help you establish valuable relationships, even if the job fit isn't there. Pick a Winner.

Boston 52

Boston B2C Salary Cofounder 52

Ben's Blog

MARCH 24, 2011

To find out whether or not today’s public technology companies have hit bubble valuations, let’s compare some companies that survived the great bubble with their bubble era valuations: The Enterprise Value-to-Revenue multiple (EV/Rev) and Price-to-Earnings multiple (PE) are commonly used metrics to tell the valuation:value story.

Technical Review 78

Technical Review Venture Capital Valuation Database 78

Professor VC

JUNE 20, 2011

had mixed emotions when I read the the press release on the recent funding of iControl Networks. But of course, the model had us requiring only $10M equity to breakeven and to achieve $185M in revenues in 2008 (the magic Year 5 in all business plans). Don't Stop Believin' Is There Any Truth in "The Social Network"?

San Jose 28

San Jose Angel Investor Term Sheet Venture Capital 28

crowdSPRING Blog

MARCH 28, 2013

Lessons Learned from Bill Gross’ 35 IPOs/Exits and 40 Failures – [link]. Revenue Traction Doesn’t Mean Product Market Fit – [link]. Amazon’s New Mobile Ad Network Is A Huge Threat To Google | Business Insider – [link]. Lead Or Follow, But Keep Your Eyes On The Crowd – [link].

Social Media 107

Social Media Small Business Design Media 107

ConversionXL

JUNE 2, 2022

How iRidium used audience targeting, networking, and activation to land 34 new sales opportunities. In 2020, smart home and building automation platform iRidium mobile wanted to land bigger clients and announce new products. How do you sustain growth that precedes the highest IPO in history for a software company?

Marketing 105

Marketing Campaign Artificial Inteligence Sales Cycle 105

VC Cafe

FEBRUARY 15, 2017

Some examples: AI will be the new mobile. Orcam was created by the founders of Mobileye (NYSE: MBLY and one of Israel’s largest IPOs ), Prof. YouAppi (2011)- YouAppi creates adtech to streamline mobile user acquisition. Security will shift from defensive to predictive AI-powered security (Norwest Venture Partners).

Artificial Inteligence 122

Artificial Inteligence Technical Review Startup 122

VC Cafe

DECEMBER 27, 2022

billion in revenue in 2021, an 8x increase over a five year period, representing 5% of the global gaming revenue. Israel’s gaming industry is primarily focused on mobile gaming, both social and casual. billion in revenue from in app purchases since it was first launched two years ago. Global gaming revenues.

Generative AI 173

Generative AI Cloud Acquisition 173

Both Sides of the Table

MARCH 30, 2016

Many had started IPO’ing and we started to think about our future. Word travels at light speed amongst this small network of people who all know each other and even though they’re rivals they also sit on boards together and many probably went to business school together. CMRR (contracted monthly recurring revenue) grow 100% y/y.

Balance Sheet 150

Balance Sheet Burn Rate Valuation Forecast 150