Remove Liquidation Preference Remove LP Remove Metrics Remove Revenue
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In 15 Years From Now Half of US Universities May Be in Bankruptcy. My Surprise Discussion with @ClayChristensen

Both Sides of the Table

In a discussion I had with Fred Wilson at the Invesco LP meeting Fred said the same about the influence of Clayton. He believes that one of the financial metrics taught at business schools and reinforced by Wall Street has accelerated offshoring of industries. ” No royalty paid until there is revenue. Neither does Clayton.

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On the Road to Recap:

abovethecrowd.com

A high performing, high-growth SAAS company that may have been worth 10 or more times revenue was suddenly worth 4-7 times revenue. They are likely sitting on amazing paper-based gains that have already been recorded as a success by their own investors — the LPs. The same thing happened to many Internet stocks.

IPO 40