Steve Blank

JANUARY 22, 2014

Dino Vendetti a VC at Bay Partners, moved up to Bend, Oregon on a mission to engineer Bend into a regional technology cluster. Today with every city, state and country trying to build out a technology cluster, following Dino’s progress can provide others with a roadmap of what’s worked and what has not.

Early Stage 286

Early Stage Silicon Valley Oregon Technical Review 286

This is going to be BIG.

JUNE 19, 2012

The other day I wrote a post about the lack of Enterprise Software disruption coming out of NYC —and a lot of people responded that I wasn’t citing Buddy Media. When I looked at the site, it had the term “Social Enterprise Software” written all over it. Social Media Software. 8/31/2010 – Same thing.

Software 105

Software Media Social Media Advertising 105

YoungUpstarts

MAY 24, 2018

In today’s business environment where innovation and technology converge and the modern day entrepreneur has more support and incentive than ever to begin their dream startup company, more often than not discussions about state and local business taxes have a similar tone: “The company is losing money; we don’t owe any taxes.”.

South Dakota 160

South Dakota North Dakota Wyoming United States 160

Feld Thoughts

OCTOBER 18, 2019

One of the many great things about the Governor of Colorado is that he’s an entrepreneur, having started multiple successful technology companies, including BlueMountainArts.com (acquired by Excite for $800m) and Provide Commerce (IPO, then acquired by Liberty Media for $500m).

Colorado 70

Colorado Government IPO Cofounder 70

Agile VC

NOVEMBER 6, 2013

Twitter’s IPO has garnered a ton of attention in the tech and popular press. So their revenue figures, pre IPO financing and ownership, and other info is all widely available. Growth IPOs Are Back. Instagram hadn’t built a true business (e.g. Value of Media vs E-Commerce vs Premium Services.

IPO 194

IPO Aggregator B2B Internet 194

Both Sides of the Table

OCTOBER 8, 2014

Let me start with the obvious baseline that most people probably know instinctively: Los Angeles is the 3rd largest technology startup ecosystem in the US. 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.

Los Angeles 376

Los Angeles Silicon Valley Entrepreneur Seattle 376

Eric Friedman

JANUARY 3, 2020

I am welcoming the 20’s with an enthusiasm I haven’t felt in awhile and more bullish than ever on technology and investing in general. The need for software and services to accommodate this group looks nothing like the bank accounts, benefits, and tax software we use today. I am excited for the decade ahead.

Technical Review 79

Technical Review Software Review Vertical IPO 79

The Startup Magazine

NOVEMBER 25, 2017

Currently, there’s the universal dependence on specialized software and computers to keep companies operating, and more offices are transiting into paperless working spaces. Securing financial transactions requires the best virtual data room software to replace the traditional physical data rooms. The importance of a data room.

Software Review 60

Software Review Technical Review Intellectual Property Due Diligence 60

Steve Blank

SEPTEMBER 14, 2009

Posted on September 14, 2009 by steveblank Over the last 30 years Wall Street’s appetite for technology stocks have changed radically – swinging between unbridled enthusiasm to believing they’re all toxic. 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.)

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

BeyondVC

APRIL 4, 2018

Look at the Dropbox IPO which priced above its initial value and came out white hot at the end of one of the worst weeks in stock market performance. Despite that, it’s also hard to ignore the following facts: Enormous spend and growth for public cloud and app infrastructure, middleware and developer software of $50b (Gartner, Pivotal S-1).

Cloud 60

Cloud Agile Architecture Azure 60

VC Cafe

AUGUST 2, 2022

Is there an early mover advantage for being early on a technology trend? In the first five months of 2022, more than $120 billion have been invested in building out metaverse technology and infrastructure, according to McKinsey. Fortnite generated $5.8 billion revenue in 2021 for Epic Games and was played by 83.3 Also, their $1.6

IP 206

IP Cofounder Valuation Acquisition 206

Start Up Blog

MAY 13, 2019

Last Friday night, I did a TV interview on ABC regarding Uber’s long awaited IPO. An IPO is when a company first becomes a publicly traded stock that anyone can buy and hold. Amazon IPO 1997 – 2 years after it was founded. Google IPO 2004 – 5 years after it was founded.

IPO 48

IPO Valuation Stock Cost 48

BeyondVC

MARCH 21, 2017

Secondly, as the world continues to move to the cloud, why does on-prem software exist any more? There is a whole world of what being enterprise ready from a product perspective looks like, and how SaaS companies can use new technology like Docker to have the best of both worlds, SaaS and on-prem without multiple code bases.

IPO 88

IPO Cloud Azure Revenue 88

Both Sides of the Table

APRIL 13, 2011

My initial desire to blog came from something that’s always been my approach to investing – I’m a nerd and I love to play with the technology and part of my approach has really been to understand things both at a user level and at a reasonably deep tentacle level. If you are outside internet software we are not going to invest.

Technical Review 288

Technical Review Venture Capital Silicon Valley Software Review 288

Both Sides of the Table

JUNE 22, 2011

Responses ranged from, “hey, they’re in a HUGE market&# to “it is an amazing company and their technology rocks.&# And this is happening in mezzanine (pre-IPO) deals as well. And post IPO deals, although these tend to correct more quickly. But everything has intrinsic value. Why does all this matter?

Saudi Arabia 309

Saudi Arabia Valuation IPO Technical Review 309

The Next Web

SEPTEMBER 16, 2012

From breakthrough online products to new features from established platforms, today’s startups should be jumping on the most promising of tomorrow’s trendy technology. Personalization Technology. Facebook’s IPO was a tell-tale sign that startup valuations are very unpredictable and susceptible to major changes.

API 157

API Social Media Mobile Valuation 157

Steve Blank

MARCH 16, 2016

But for the last 40 years, it has provided the financial fuel for a revolution in Life Sciences and Information Technology and has helped to change the world. This happens when you either sell your company ( M&A ) or go public (an IPO.) If you’re building enterprise software, the list may be larger. The Bad News.

Liquidity Event 120

Liquidity Event Founder Liquidation Preference Venture Capital 120

NZ Entrepreneur

SEPTEMBER 29, 2021

If we want to maintain and support sustainable economic growth while meeting the broader needs of society, we will need an economy underpinned by innovation and new technologies. Generating liquidity usually entails either selling the venture or an IPO. Suse Reynolds, Angel Association New Zealand. pivot the business. change the CEO.

Technical Review 88

Technical Review Software Review New Zealand Due Diligence 88

Startup Lessons Learned

SEPTEMBER 8, 2008

Lessons Learned by Eric Ries Monday, September 8, 2008 Waves of technology platforms I still remember the first time I switched to LAMP. It felt like software that grownups were supposed to use, and we didnt qualify. That startup didnt turn out so well, but not for lack of technology. I dont really remember why it didnt work.

San Francisco 68

San Francisco Technology Continuous Deployment Lean 68

Both Sides of the Table

SEPTEMBER 10, 2021

The world around us is being disrupted by the acceleration of technology into more industries and more consumer applications. Technology solutions are now used by authoritarians to monitor and control populations, to stymie an individual company’s economic prospects or to foment chaos through demagoguery. What Has Changed in Financing?

Pre-Money Valuation 471

Pre-Money Valuation Valuation Venture Capital Early Stage 471

Hunter Walker

APRIL 3, 2014

In advance of the IPO I reconnected with their SVP Product & User Experience Alex Kinnier, whom I know from our days together at Google. I couldn’t ask Alex specifically about the IPO or future plans but wanted to get some more info on a company that gets less press than your typical social app but is poised for an amazing run.

IPO 106

IPO Product Japan Australia 106

crowdSPRING Blog

MAY 25, 2011

Interesting perspective on LinkedIn’s IPO – arguing that the IPO price was reasonable – [link]. And here’s another side – suggesting that LinkedIn shareholders might have been scammed in the IPO – [link]. Excellent tips for startups on hiring product managers – [link]. – [link].

Social Media 86

Social Media Small Business Design Media 86

Both Sides of the Table

DECEMBER 27, 2011

I find it amusing when a journalist writes an article about a prominent startup (either privately held or preparing for an IPO) and decries that, “They’re not even profitable!” If you spent the 3 years perfecting some hugely differentiated technology IP that may also be different. One of them is profitability.

Startup 418

Startup Revenue Technical Review Flash 418

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. According to its website , “SEVEN is a leader in Out of the Office technologies; our mobile email software makes it simple and affordable to access corporate and personal data while on the go.

IPO 60

IPO United States .Net Software Review 60

YoungUpstarts

DECEMBER 29, 2014

So here’s what you should be watching out for in 2015: The EMV-related terminal refresh will introduce new technologies into the point of sale. The IPO market for financial technology companies will start to heat up. 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

OCTOBER 1, 2009

Bad stock markets mean less IPO’s and lower prices for M&A. Tags: Pitching VCs Start-up Advice VC Industry startup technology vc venture capital. In the first post in this three part series I described why I believe the VC market froze between September 2008 – April 2009.

Technical Review 269

Technical Review Stock Hawaii Early Stage 269

YoungUpstarts

FEBRUARY 20, 2015

This is because these days it’s a trendy word, conjuring up images of youthful exuberance, all-night coding parties, and developing revolutionary apps that transform into mind-boggling IPOs. Myth #2: All startups are technology companies. Facts: Only a few new companies are startups. Startups play in a bigger field.

Cofounder 100

Cofounder Montana Startup Seed Capital 100

Start Up Blog

NOVEMBER 18, 2020

– – – The Tale of 2 Tech IPO’s. Given that everyone is so in love with technology investments, it seems many players are claiming to be something they are not. In fact, almost every business relies on software in some way. DOOR DASH – IPO. AIRBNB IPO. This is key.

IPO 62

IPO Valuation Software Venture Capital 62

Feld Thoughts

AUGUST 25, 2015

The key reason for the explosion in capital flowing into the industry, and therefore the large increase in practitioners, had nothing to do with 1970’s performance, early stage investing, or technology. So contrary to the piece, it wasn’t VC were good at early stage technology, it was that they had newfound capital and a big exit window.

Venture Capital 70

Venture Capital SBIC Technical Review Silicon Valley 70

Steve Blank

JULY 15, 2010

The collapse of the IPO market and dysfunctional math in the venture capital community has stacked the odds against you. Startup lifecycle in an IPO Market. Netscape’s 1995 IPO changed the rules. It includes venture funded startups in all industries, from software to biotech. Here’s why. Source: NVCA.).

Venture Capital 297

Venture Capital IPO Liquidity Event Entrepreneur 297

Growthink Blog

FEBRUARY 6, 2012

The biggest technology IPO in history has rightfully captured the imagination of both the general and investment public. So once we put this natural (and may I add wholly unproductive) emotion aside, the thoughtful angel investor should both gain great hope and powerful moving forward lessons from the Facebook IPO. read more.

Angel Investor 76

Angel Investor IPO Private Equity Early Stage 76

Seeing Both Sides

JUNE 27, 2013

Today''s IPO by Tremor Video is seen by many as a harbinger for the adtech community (full disclosure: Tremor Video is a Flybridge portfolio company). Tremor is the first public offering of an adtech company since Millenial Media''s IPO in April 2012. I have argued in the past that software is eating marketing. Rightly so.

IPO 36

IPO Advertising Software Improvement Differentiation 36

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

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. Software companies had to buy specialized computers and license expensive software. The IPO offering document became the playbook for startups.

Internet 334

Internet IPO Silicon Valley Agile 334

Austin Startup

MAY 10, 2021

The IPO netted $500M for UiPath (and another $700M for shareholders). Several smaller RPA firms have been acquired by bigger software vendors in the last year as well? so the message UiPath investors are sending is that they expect a tremendous growth opportunity in front of them.

Silicon Valley 113

Silicon Valley IPO Venture Capital Valuation 113

View from Seed

MAY 28, 2020

Advances in technology and changing consumer preferences have long been transforming the way food is created, distributed, and consumed. The foodtech space is well-positioned for significant technology-driven growth, with companies in the sector raising $5.3 billion in VC funding in Q1 2020, according to Pitchbook.

Memphis 256

Memphis Distribution Bankruptcy Operations 256

Version One Ventures

OCTOBER 1, 2019

What was one of the highest flying start-ups with a private market valuation of $47B was brought down to Earth when trying to IPO. If you run a software start-up, gross margins are high, scaling is relatively easy, and capital requirements are relatively low. I think WeWork provides a key lesson about company building.

Valuation 116

Valuation Vertical IPO Business Model 116