Steve Blank

JANUARY 22, 2014

This means that those winning deals have to make a ~30x return to provide the venture capital fund that 20% compound return (the 6x). The reality is that the super vast majority of liquidity events are M&A and the majority of those are in the under $100M range. A good return to your investors is 20% per year.

Early Stage 290

Early Stage Silicon Valley Oregon Technical Review 290

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. These metrics make it difficult for a company that wants to invest in long-term innovation. Risk capital has provided financing for new ideas in the form of startups.

Architecture 227

Architecture IRR Balance Sheet Liquidity Event 227

Steve Blank

JULY 19, 2010

Where’s My Liquidity Event. Some VC’s feel that if a startup has grown past the founder’s ability to manage and scale (and hasn’t had a liquidity event,) they should be able to remove the founding CEO and (at best) walk them out the door with only the stock they vested to that day. Filed under: Venture Capital.

Vesting 260

Vesting Liquidity Event Venture Capital Founder Vesting 260

www.vccafe.com

MARCH 11, 2013

Venture Capital Cafe > Startup Resources (Updated Mar 2013). Startup Metrics for Pirates â?? SaaS Metrics Tutorial â?? Boilerplate Venture Funding Documents. National Venture Capital Association â?? Raising Venture Capital. Venture Hacks equity section. About VC Cafe.

Software Review 53

Software Review Technical Review Startup 53

Board Effect

MAY 10, 2019

Cap tables list a company’s authorized and outstanding shares, the parties to which those shares have been assigned, and the various metrics relevant to managing them. Such metrics can include an investor’s liquidation preference, option exercise windows and expiry dates, and shareholders’ fully diluted ownership percentages.

Cap Table 40

Cap Table Liquidation Preference Dilution Liquidity Event 40

Rob Go

JULY 17, 2014

For a seed stage venture capital firm, product/market fit comes down to two questions. We have had a number of companies that have achieved successful liquidity events, including Rentjuice ( acq. 1) How is the portfolio performing? 2) Is your reputation in the market such that great people will want to work with you?

Seed Stage 69

Seed Stage Early Stage Due Diligence Liquidity Event 69

Both Sides of the Table

SEPTEMBER 27, 2010

There are real changes in the venture capital industry and it would have been fun to talk about them. If the company is moderately successful, growing and has great prospects for the future than a small liquidity event will help founders & venture capitalists to be aligned. Answer: Not much.

Liquidity Event 308

Liquidity Event Silicon Valley Seed Stage Finance 308