Steve Blank

MARCH 31, 2014

Which brings me back to your mobile phones. It’s worth noting that everything from the Internet, to electric cars, genomic sequencing, mobile apps, and social media — were pioneered by startups, not existing companies. Disruptive innovation leads to the creative destruction of businesses that once seemed pre-eminent and secure.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

Startup Professionals Musings

FEBRUARY 5, 2018

We are all more reachable through powerful and mobile personal computer devices, and the world is more and more connected with the Internet of Things (IoT). More capital is available for scaling and brand building. Investors measure their success by looking at the internal rate of return (IRR).

IRR 143

IRR Marketing Startup Valuation 143

Steve Blank

JUNE 23, 2016

As a consequence, corporations used metrics like return on net assets (RONA), return on capital deployed, and internal rate of return (IRR) to measure efficiency. First, the shift away from desktop computers to mobile devices meant that Intel’s power-hungry x86 processors weren’t suitable. But it’s not over for Intel.

Architecture 227

Architecture IRR Balance Sheet Liquidity Event 227

Professor VC

MARCH 10, 2009

In other parts of the country, this is business as usual: Identify a customer need Build a product Sell the product In the valley, the knee jerk reaction is to start with the powerpoint deck and look for the venture capital drug. Jon Fisher purposely avoided raising venture capital in his ventures. Venture Hacks.

Bootstrapping 28

Bootstrapping San Jose Silicon Valley Software Review 28

ithacaVC

FEBRUARY 13, 2013

God had to have somebody willing to tweet, blog and yet take care of the portfolio CEOs, run at double speed to prevent cash challenges, ahead of the economic downturns and yet stop on mid-field and race to raise another fund when he sees the first smoke from an exit with a positive IRR. So, God made a VC! So, God made a VC!

Liquidation Preference 55

Liquidation Preference IRR Due Diligence LP 55

Professor VC

JANUARY 17, 2008

If my math is correct, this is approximately a 31% IRR, which has to beat individual angel investments on aggregate and venture capital returns over the period of the study (1990-2007). The Most Important Venture Capital Statistic. The Most Obvious Mobile Ad Unit and What the New York Times Got Wrong.

Pre-Money Valuation 28

Pre-Money Valuation Angel Investor Angel Groups Valuation 28

Seeing Both Sides

APRIL 10, 2011

In 1997, a Charles River Ventures fund yielded a stunning 15x return, backing such superstars as Ciena, Vignette and Flycast. Matrix had a fund in 1998 that yielded an eye-popping 514+% IRR. The average venture capital fund raised between 1995 and 1997 returned more than 50% per year.

IPO 48

IPO IRR Brazil Government 48