Steve Blank

MAY 21, 2012

The Facebook IPO has reinforced the new calculus for investors. Software is truly eating the world. Entrepreneurial clusters like Silicon Valley (or NY, Boston, Austin, Beijing, etc.) The common wisdom is that Silicon Valley has always gone through waves of innovation and each time it bounces back by reinventing itself.

Silicon Valley 336

Silicon Valley Venture Capital Social Media Media 336

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).

Founder 245

Founder Technical Review CTO Hire IPO 245

Agile VC

JULY 11, 2012

Brentwood Associates [Silicon Valley] –> Founded in the early 70s and focused primarily on VC, Brentwood had big wins in both IT like Wellfleet Communications (big chunk of what eventually became Nortel) and WebTV (part of Microsoft) and healthcare (various businesses that make up a big chunk of what is now Medtronic and Baxter).

Silicon Valley 240

Silicon Valley Carried Interest Cofounder Boston 240

Cracking the Code

MARCH 28, 2022

Before answering this, let’s take a look at what happened in the global software and cloud market over the last year. Global market snapshot The world now has 10 software and cloud giants worth more than $100B, representing $4.1T The cloud IPO market has also been very active with 32 IPOs vs. 17 in 2020. in Sept 2020.

Global 62

Global Europe Software Review 62

online.wsj.com

JULY 11, 2012

Theres a power struggle underway in Silicon Valley. But Andreessens approach is also exposing a rift in Silicon Valley, where a group of young and relatively untested entrepreneurs have maintained control over their rapidly growing companies. Software Development Engineer, Senior-IEB-Commercial Services (795929) Job -.

Silicon Valley 42

Silicon Valley Founder Software Review Technical Review 42

Both Sides of the Table

OCTOBER 8, 2014

What is perhaps different from other regions is that we have large indigenous aerospace industry and a big high-tech import/export trade as opposed to a lot of software companies. Many people don’t realize that the majority of the monetization of the Internet originated in Los Angeles but was perfected in Silicon Valley.

Los Angeles 376

Los Angeles Silicon Valley Entrepreneur Seattle 376

The Startup Magazine

OCTOBER 29, 2021

We can trace the Midwest’s renaissance to Sprout Social’s successful initial public offering (IPO) , which saw the company debut on public markets at a price of $17 per share and rise to over $120 per share today. billion company and has built up this valuation outside the Silicon Valley scene. Today, Sprout is a $6.6

Silicon Valley 173

Silicon Valley Kansas City Chicago Denver 173

Both Sides of the Table

SEPTEMBER 27, 2012

Recently I wrote a post arguing to make the definition of a Startup more inclusive than that to which Silicon Valley, fueled by Venture Capital return profiles, would sometimes like to attach to the word. ” Put simply, if you care about building a successful tech community outside Silicon Valley you should read this book.

Community 378

Community San Diego Silicon Valley Los Angeles 378

Startup Professionals Musings

OCTOBER 17, 2022

Examples of some leaders in this space include Ron Conway in Silicon Valley and Jeff Bezos , CEO of Amazon, who each may have over 500 startups in their portfolio. Mobile and web software apps may cost even less. VCs tend to carry their partners much longer, in hopes of a big public offering (IPO) that could produce a windfall.

Angel Investor 342

Angel Investor Venture Capital Silicon Valley Portfolio 342

The Next Web

JANUARY 16, 2014

The story struck me as significant for three reasons – firstly, because Freelancer founder Matt Barrie had been very public leading up to the IPO about wanting to list in Australia over both London and NASDAQ. Finally, that this was not the first highly successful tech IPO in Australia in 2013 with OzForex raising AUD $439.4

Australia 146

Australia San Francisco IPO Cofounder 146

Steve Blank

APRIL 13, 2013

But what made the overwhelming impression for me was finding an entrepreneurial software cluster on par with the Internet software portion of Silicon Valley. This closed but very large market means that greater than 90% of Chinese software startups focus exclusively on the Chinese market. Lessons Learned.

Silicon Valley 267

Silicon Valley China Venture Capital Merger 267

Steve Blank

SEPTEMBER 14, 2009

On top of all this it was considered very bad form not to have at least four additional consecutive quarters of profits after an IPO.) The IPO Bubble – August 1995 – March 2000 In August 1995 Netscape went public, and the world of start ups turned upside down. Tech acquisitions went crazy at the same time the IPO market did.

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

Both Sides of the Table

APRIL 13, 2011

A deep dive into the Foundry Group investment philosophy including an interesting discussion of their investing Themes. “… our lens is: Internet Software Companies anywhere in the U.S. If you are outside internet software we are not going to invest. So everybody goes through this phase of we want to be the next Silicon Valley.

Technical Review 288

Technical Review Venture Capital Silicon Valley Software Review 288

philipsmith.typepad.com

SEPTEMBER 24, 2011

Silicon Valley Frontlines. Life in the Valley. In-the-Trenches Consulting to Startup and Emerging-Growth Companies. « Presentation Secrets of Steve Jobs! Why Do Otherwise Sensible Companies Not Have CFOs? » January 23, 2010. Two Tales of "Working For Equity". Entrepreneurship. Fundraising. Getting going. Predictions.

Silicon Valley 40

Silicon Valley Equity Technical Review Recapitalization 40

Feld Thoughts

AUGUST 25, 2015

Some were Silicon Valley early stage companies, such as Apple, Quantum, and Masstor Systems. while none of the non-Silicon Valley regional firms were long-term successful as regional firms. However, none were based in the Silicon Valley and are probably unfamiliar names to today’s practitioners.

Venture Capital 70

Venture Capital SBIC Technical Review Silicon Valley 70

Both Sides of the Table

APRIL 12, 2018

We would have gladly followed Jamie (and Josh Roth, the CTO who is phenomenal and we’ve also known for a decade) right through an IPO if we could have. Hardware + Software The world is filled with investors who will tell you, “We don’t do hardware.” We funded the seed round, the A round, the B round, C round, D round and E round.

Security 247

Security Los Angeles Silicon Valley Video 247

Steve Blank

APRIL 13, 2013

But what made the overwhelming impression for me was finding an entrepreneurial software cluster on par with the Internet software portion of Silicon Valley. This closed but very large market means that greater than 90% of Chinese software startups focus exclusively on the Chinese market. Lessons Learned.

Silicon Valley 159

Silicon Valley China Venture Capital Merger 159

Startup Professionals Musings

JANUARY 19, 2020

Examples of some leaders in this space include Ron Conway in Silicon Valley and Jeff Bezos , CEO of Amazon, who each may have over 500 startups in their portfolio. Mobile and web software apps may cost even less. VCs tend to carry their partners much longer, in hopes of a big public offering (IPO) that could produce a windfall.

Angel Investor 314

Angel Investor Venture Capital Silicon Valley Startup 314

Startup Lessons Learned

JULY 15, 2010

Lessons Learned by Eric Ries Thursday, July 15, 2010 Some IPO speculation Inspired by Steve Blank’s post today about the “lost decade&# of IPO’s , I’d like to make some predictions. The fact that IPO’s are disappearing makes intuitive sense to me. Let me be clear: Steve is the historian.

IPO 166

IPO San Francisco Lean Silicon Valley 166

crowdSPRING Blog

MAY 25, 2012

‘The Golden Age of Silicon Valley Is Over, and We’re Dancing on its Grave’ – [link]. The Inside Story Of What Happened On The Facebook IPO – [link]. Facebook IPO, and How to Build a Social Network for $389 – [link]. Facebook IPO Post Mortem – Killer – but not for the reasons you think

Social Media 93

Social Media Small Business Design Media 93

Steve Blank

MAY 11, 2009

Present at the Creation It was early 1991 and Apple’s software development team was hard at work on QuickTime , the first multimedia framework for a computer. So SuperMac engineering also developed video compression software, called Cinepak. The software was idiot proof. My first IPO at Convergent.

Video 164

Video Silicon Valley RSS California 164

Startup Lessons Learned

FEBRUARY 11, 2009

Lessons Learned by Eric Ries Wednesday, February 11, 2009 The free software hiring advantage This is one of those startup tips Im a little reluctant to share, because its been such a powerful source of competitive advantage in the companies Ive worked with. Especially for a startup, not taking maximum advantage of free software is crazy.

Software Review 68

Software Review Software Hiring San Francisco 68

Both Sides of the Table

SEPTEMBER 16, 2010

As I’ve highlighted I believe we’re in a unique period similar to 2005-08 where the biggest tech firms of Silicon Valley (and some media companies) are scooping up small software companies as “talent acquisitions&# versus accretive revenue / profit generators. This is actually the norm.

Cap Table 283

Cap Table Angel Investor Liquidation Preference Deal Flow 283

Both Sides of the Table

JULY 16, 2010

The best and most consistent funds in Silicon Valley (e.g. But my conversations in the private corridors on Sand Hill Road in Silicon Valley is that many fund sizes will be smaller going forward. You don’t need to buy expensive software – there are free open source solutions for nearly everything.

LP 311

LP Technical Review Early Stage Silicon Valley 311

crowdSPRING Blog

APRIL 11, 2014

How Old Are Silicon Valley’s Top Founders? Inside Sequoia Capital: Silicon Valley’s Innovation Factory - crowdspring.co/1hyz3sN. Google, Apple or IPO: What’s Next for Square? | Legal Contracts for Software Developers Who Hate Contracts (w/free contract template to use today) – [link].

Social Media 94

Social Media Small Business Design Media 94

Agile VC

APRIL 17, 2011

GameFly filed in 2010 and remains in registration, though 2011 has seen a positive start for VC-backed IPOs with 14 in Q1 2011. Now that Google’s acquisition of ITA is closed, following lenghty FTC review, it would appear Kayak is poised to proceed with their IPO in the coming months. =. Kayak Software Corporation.

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

Both Sides of the Table

MAY 24, 2021

Silicon Valley and the media industry that surrounds it values youth. This is true in consumer but it’s also true in enterprise software. Luckily there was also a talented executive team led by Phil Schraeder , who wanted to “go long” and build an industry leader that can IPO. My first ever investment as a VC was Invoca.

Venture Capital 363

Venture Capital LP Valuation Later Stage 363

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.

IPO 113

IPO Cofounder Technical Review Government 113

Austin Startup

MAY 10, 2021

Companies have increasingly digitized operations, but in silos, said lead director Rich Wong, a partner at Silicon Valley venture-capital firm Accel, an early investor in UiPath. The IPO netted $500M for UiPath (and another $700M for shareholders). a full 60x trailing twelve month revenues.

Silicon Valley 113

Silicon Valley IPO Venture Capital Valuation 113

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

crowdSPRING Blog

MAY 2, 2014

Hottest Pre-IPO Adtech Startups | Business Insider – crowdspring.co/1k6cUmV. One Startup’s Struggle to Survive the Silicon Valley Gold Rush | WIRED – crowdspring.co/1fmuIOO. Legal Contracts for Software Developers Who Hate Contracts (w/free contract template to use today) – [link]. – crowdspring.co/1ftv1Y3.

Social Media 96

Social Media Small Business Design Media 96

Steve Blank

JULY 25, 2011

Scientists and engineers as founders and startup CEOs is one of the least celebrated contributions of Silicon Valley. ESL, the first company I worked for in Silicon Valley , was founded by a PhD in Math and six other scientists and engineers. Why It’s “Silicon” Valley. It might be its most important.

Engineer 305

Engineer Silicon Valley United States Venture Capital 305

crowdSPRING Blog

MAY 9, 2014

Top Venture Capitalists Leave Silicon Valley, Bet Their Careers On Midwest – crowdspring.co/SEC1rh. With IPO Hopes Fading, Square And Box Face Reality Of Commodity Products | TechCrunch – crowdspring.co/1rWbako. Founders with Kids – crowdspring.co/1rW91oS. 1mVOEKL.

Social Media 93

Social Media Small Business Design Media 93

Both Sides of the Table

SEPTEMBER 10, 2021

In 2001 companies IPO’d very quickly if they were working, by 2011 IPOs had slowed down to the point that in 2013 Aileen Lee of Cowboy Ventures astutely called billion-dollar outcomes “unicorns.” The legends of Silicon Valley?—?two How little we all knew how ironic that term would become but has nonetheless endured.

Pre-Money Valuation 471

Pre-Money Valuation Valuation Venture Capital Early Stage 471

Steve Blank

MARCH 18, 2011

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. Software companies had to buy specialized computers and license expensive software. Carpe Diem. We’re now in the second Internet bubble.

Internet 334

Internet IPO Silicon Valley Agile 334

YoungUpstarts

DECEMBER 29, 2014

The IPO market for financial technology companies will start to heat up. If market conditions continue to be favorable, more IPOs are inevitable as these private market investors seek exits. The window is clearly open, so I wouldn’t be at all surprised if there are several more IPOs on the way in 2015.

IPO 236

IPO API Silicon Valley Mobile 236

Both Sides of the Table

AUGUST 14, 2009

I’m a software guy so I’m sure there are cases where building isn’t feasible. Professional angels / former entrepreneurs / seed funds – In Silicon Valley there are people like Ron Conway, Jeff Clavier, Mike Maples and many more. Product : You should build a product or a prototype.

Silicon Valley 291

Silicon Valley Ireland Technical Review Valuation 291