Both Sides of the Table

OCTOBER 17, 2019

An example was that while we were in the seed round at Ring and followed in the A, B, C and D … we were also able to lean into the E round when Jamie really wanted to scale up his funding and the final check was still > 420% IRR! Users type a search query into their search bar and Google knows the “purchase intent” of the customer.

IP 223

IP Intellectual Property IRR Cofounder 223

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. And it also requires understanding the differences between executing the existing business model, extending the business model and searching for and disrupting the business model.

Architecture 227

Architecture IRR Balance Sheet Liquidity Event 227

Steve Blank

JUNE 11, 2013

Sigh… What I should have been hearing is the search for the business model, specifically the progress on product/market fit, but I hear the fund raising story first at least 90% of the time. Just as a reminder, a startup is a temporary organization designed to search for a repeatable and scalable business model. What is an IRR?

Venture Capital 225

Venture Capital IRR Liquidity Event Business Model 225

David Teten

JANUARY 28, 2013

The good news for Techcrunch readers: Every major study conducted to date has placed angel investors’ IRR between 18 and 38 percent, as summarized by my Partner John Frankel and Professor Robert Wiltbank in prior Techcrunch articles. Every major angel study conducted to date has shown high IRR.

IRR 114

IRR Angel Investor Angel Groups Cofounder 114

Tim Keane

JANUARY 12, 2010

If you look at the spreadsheet, you will see that the “Required Rate of Return” is expressed as an IRR.   Internal Rates of Return naturally compound, so a 50% IRR is 7.59   (If you plug in an IRR of 58.5%   Internal Rates of Return naturally compound, so a 50% IRR is 7.59   Search.

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

Eric Friedman

MARCH 15, 2017

The hardest part of searching for this trait is identifying questions that can help judge someone’s coachability. This may not be the right trait for a founder that is working hard on a problem in their own space. One reason I write up a lot of my thoughts since I started writing is to ask for help when I need it.

IRR 60

IRR Early Stage Leadership Programming 60

Steve Blank

AUGUST 5, 2014

and searching for what you’re great at, and meant to encourage women to go right through those walls. So I started an exec search firm as a creative way to look for a new startup. I was on the way to my lifetime IRR of 90%. Insidious, yes? So they call you a “dragon lady”; so what?! I loved the business, and I was good at it.

Venture Capital 333

Venture Capital Silicon Valley Chicago Cofounder 333

The Next Web

DECEMBER 16, 2012

Income-based valuations consider aspects like CAPM (capital asset pricing model), IRR (internal rate of return), NPV (net present value), WACC (weighted average cost of capital), NCF (net cash flow), and GAAP (generally accepted accounting principles). Asset approach. The current traffic’s conversion rate and yield.

Valuation 128

Valuation NPV Net Present Value IRR 128

Occam's Razor

OCTOBER 14, 2014

Any big changes in your marketing/customer acquisition strategy over the last time period (more money doing Search, less money in Email, elimination Facebook as it does not work, etc., Leaders (company is leaving China, our IPO is next week, 1,800 new stores are being opened in 180 days, our new IRR is 8%). And other such things.

Analytics 133

Analytics Vertical Metrics Web 133

David Teten

MARCH 2, 2013

The Kauffman Foundation points out several reasons why they choose to keep pouring capital into the industry: the J-curve narrative, VC investment allocation mandates (which should disproportionally benefit large funds), the “relationship business” philosophy, and potentially misleading return metrics (such as IRR).

LP 114

LP Securities and Exchange Commission Silicon Valley Venture Capital 114

K9 Ventures

NOVEMBER 30, 2008

A couple of years into it, the friendly neighborhood search giant, Big Kahuna, shows up and decides to acquire Little Fish for $100M. For what I’ve seen/heard the tops VC funds typically have an IRR of over 20%. The carry is typically around 20% of any gains on the fund. over the initial investment of $10M.

IRR 48

IRR Venture Capital LP Early Stage 48

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). It is several thousand dollars, which is a lot of cash for a struggling entrepreneur in search of seed funding. return on investment after 3.5

Pre-Money Valuation 28

Pre-Money Valuation Angel Investor Angel Groups Valuation 28