Steve Blank

MAY 19, 2015

I had lunch last week with Tom, the CEO of a startup that was quickly becoming a large company – last year’s revenue was $40M, this year likely to be $80M maybe even $100 million in ad revenue. to drive traffic to their site, which they then turned into ad revenue. Refactoring” organizational debt. the company had.

Technical Review 120

Technical Review Salary Early Stage Software Review 120

Startup Professionals Musings

JUNE 5, 2021

High valuation, low profit. Social media darling Twitter is an example of these bubbles. The focus should always be on execution, revenue, and profits. Angels are becoming more aggressive as their stock market and real estate assets recover, and institutions again have earnings to risk in venture capital funds.

Demand 362

Demand Government Venture Capital Valuation 362

Steve Blank

MARCH 31, 2014

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. Companies horde cash and squeeze the most revenue and margin from the money they use. Look at the valuations of companies like Tesla, Illumina, and Twitter.

Private Equity 326

Private Equity Metrics China Intellectual Property 326

Version One Ventures

JUNE 29, 2017

As one can imagine, the media commentary was not pretty, calling the IPO a disappointment , the stock stale out of the box , and lamenting that the stock forgot to pop. This is an incredible entrepreneurial achievement that very, very few founders ever get to.

IPO 143

IPO Stock Valuation Business Model 143

Up and Running

AUGUST 29, 2014

A study co-sponsored by Crawford International and HR.com in Palo Alto, California in 2006 found that “companies that create adaptive corporate cultures outperform companies with non-adaptive cultures by a factor of 900 to 1 as measured by long term net income and stock price growth.” How can a business owner assess their company culture?

Small Business 87

Small Business CPA Government North America 87

Startup Professionals Musings

JULY 27, 2018

Potential investors love to see gross margins in the fifty percent range or greater, with recurring revenue through subscriptions, follow-on sales, or services. Five-year financial projections of revenue and expenses. Of course, you wouldn’t include this data in your customer product pitch.

Product 145

Product Intellectual Property Liquidity Event Exit Strategy 145

VC Cafe

SEPTEMBER 16, 2021

Let’s start with a short definition: [the creator economy] is defined as the class of businesses built by over 50 million independent content creators, curators, and community builders including social media influencers, bloggers, and videographers, plus the software and finance tools designed to help them with growth and monetization.

Startup 207

Startup Social Media Venture Capital Audio 207

Gust

NOVEMBER 4, 2011

Entrepreneurs and investors who have spent any time dealing with convertible debt seed financing transactions are likely to have encountered the subject of valuation caps. Valuation caps can come into play in settings other than seed-stage convertible note financing rounds. Read on for a fuller explanation.

Valuation 98

Valuation Pre-Money Valuation Merger Vesting 98

Steve Blank

JUNE 17, 2011

My esteemed colleague Ben Horowitz essentially makes four arguments : 1) look at how relatively cheap Apple, Google and Amazon stock is compared to their growth; 2) Major technology cycles tend to be around 25 years long with the bulk of the purchases occurring in the last five-to-ten years. Know when to run. Kenny Rogers – The Gambler.

Investment Bankers 312

Investment Bankers Stock Valuation Venture Capital 312

www.inc.com

SEPTEMBER 24, 2011

Why Arizona Bay started taking stock from its customers instead of cash. Last spring, Dave Graham , founder of software consulting firm Arizona Bay, learned that a major client, Jumpstart Automotive Media, had been acquired for more than $80 million. The 2011 Top Lists. 500|5000 Conference. Honorees Resources. Apply. ); Topics >.

Arizona 40

Arizona Equity Iowa Venture Capital 40

Babbling VC

AUGUST 10, 2011

OK, hands up, who's truly surprised by the drop in the stock markets or the postponed tech IPO's or even the upcoming slowdown in venture financing? It's about to get rough out there and I am not even alluding to valuations. Make your customers happy, especially the ones generating the majority of your revenues.

Germany 76

Germany Stock IPO Valuation 76

Both Sides of the Table

APRIL 14, 2012

Did raising money at a $500 million valuation help secure the $1 billion deal? “it’s smart to use an impending investment valuation to drive a higher acquisition valuation” I would like to amend her statement slightly to read, “it’s smart to use an impending investment valuation to drive an higher acquisition.”

Valuation 316

Valuation Balance Sheet Dilution Term Sheet 316

Startup Professionals Musings

NOVEMBER 14, 2015

Is revenue per customer or transaction size increasing? Are you reviewed positively by online media and industry analysts? It’s never too early to build relationships with industry analysts, influential blogs and the media. This is not a viable long-term strategy.

Acquisition 120

Acquisition Valuation Angel Investor Stock 120

Steve Blank

OCTOBER 24, 2017

— Unremarked and unheralded, the balance of power between startup CEOs and their investors has radically changed: IPOs/M&A without a profit (or at times revenue) have become the norm. Typically, this caliber of bankers wouldn’t talk to you unless your company had five profitable quarters of increasing revenue.

Founder 252

Founder Technical Review CTO Hire IPO 252

Agile VC

NOVEMBER 6, 2013

So their revenue figures, pre IPO financing and ownership, and other info is all widely available. Twitter Is A Media Business. Despite it’s long-standing protestations, Twitter is indeed a media company. If Pinterest and SnapChat turn out to be big businesses, they’ll be media-based businesses.

IPO 194

IPO Aggregator B2B Internet 194

Startup Professionals Musings

MARCH 20, 2013

High valuation, low profit. Social media darling Twitter is the most fragile of these bubbles. The focus should always be on execution, revenue, and profits. Angels are becoming more liquid as their stock market and real estate assets recover, and institutions again have earnings to put into venture capital funds.

Demand 224

Demand Green Finance Government 224

Cracking the Code

NOVEMBER 10, 2009

It is intriguing to see the M&A dynamics in the space, highlighting the interest of tech companies for recurring revenue streams - even SAP announced in their analyst call earlier this month that they were moving from perpertual licenses to five year term licences. The stock was very well received, jumping 25% on its first day of trading.

Software Review 48

Software Review Technical Review IPO Cloud 48

crowdSPRING Blog

MAY 22, 2012

Although Facebook’s stock price has fallen well below its IPO price of $38 per share, many people agree that the stock is still significantly overpriced. Facebook stock is trading at 57 times projected earnings (compared to 14 for Google and 12 for Apple). Both stocks have enjoyed strong growth this year.

South Korea 88

South Korea IPO Russia Stock 88

David Teten

AUGUST 7, 2019

The second strategy is Value Investing , a strategy which “seeks to maximize returns by finding stocks that are undervalued by the market…Investors assess a stock’s intrinsic value…and compare that value with the stock price. LTV / CAC, revenue growth, etc.) But the media only focuses on the winners. .

Venture Capital 60

Venture Capital Valuation Stock NDA 60

Cracking the Code

OCTOBER 9, 2009

This strong recovery has highlighted the resiliency of the recurring revenue model in a downturn as well as the stength of the shift to soaftware-as-a-service and cloud computing. In other words, how much of the decline in revenue growth is due to signing up fewer customer vs lower revenues from each new customer. anecdotes. (13).

Software Review 48

Software Review Technical Review Cloud Europe 48

Austin Startup

AUGUST 20, 2017

Keep the valuations consistent with company progress. The bottom line is that the pedigree of your investors will have much to do with your ultimate valuation and with your enjoyment of the startup experience. I am very surprised when that cool thing actually meets a customer need or drives revenue.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

Startup Professionals Musings

MARCH 25, 2011

High valuation, low profit. Social media darling Twitter is the most fragile of these bubbles. The focus should always be on execution, revenue, and profits. Angels are becoming more liquid as their stock market and real estate assets recover, and institutions again have earnings to put into venture capital funds.

Startup 225

Startup Demand Green Government 225

Start Up Blog

FEBRUARY 20, 2012

Not just from a startup / social media or tech point of view but from an economic one. Both companies which have established and growing revenue streams. I know which companies I’d rather hold stock in. And around 100 times their earnings. They have an appetite for acquisition.

IPO 76

IPO Valuation Acquisition Stock 76

YoungUpstarts

DECEMBER 5, 2018

You’d probably go for one of the titans of technology who dominate the business media: Bill Gates, Steve Jobs, Jeff Bezos, Mark Zuckerberg, and Elon Musk, to name a few. Lately, we’ve seen startups able to reach a billion-dollar valuation, so-called “unicorn” companies, in the limelight. What is a gazelle?

Startup 182

Startup Acquisition Portfolio Venture Capital 182

Both Sides of the Table

MAY 23, 2012

There are obvious reasons the industry has had less-than-desirable returns, including: massive over-funding of the sector, huge increases in inexperienced venture capitalists that took a decade to peter out, and the massive correction in the value of the public stock markets that closed many exit opportunities for half a decade.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

Agile VC

FEBRUARY 2, 2012

How They Make Money : Facebook’s primary revenue stream is of course selling advertising on Facebook.com, which in total accounts for 85% of revenue. The next chunk comes from Facebook’s platform, in essence “taxing” the revenues of app developers like Zynga, which represents 15% of revenue.

IPO 100

IPO South Korea Venezuela Revenue 100

Start Up Blog

FEBRUARY 20, 2012

Not just from a startup / social media or tech point of view but from an economic one. Both companies which have established and growing revenue streams. I know which companies I’d rather hold stock in. And around 100 times their earnings. They have an appetite for acquisition.

IPO 48

IPO Valuation Acquisition Stock 48

Feld Thoughts

SEPTEMBER 20, 2013

Of course you did – it’s all the mainstream media could seem to write about last week after the now infamous twitter tweet about it. If the SEC didn’t agree with your auditors on revenue recognition, you’d end up in a crazy escalating set of discussions. Twitter (@twitter) September 12, 2013.

SEC 142

SEC IPO Investment Bankers Valuation 142

Both Sides of the Table

MAY 24, 2021

Silicon Valley and the media industry that surrounds it values youth. It has historically been the case that VCs would rather fund the promise of 100x in a company with almost no revenue than the reality of a company growing at 50% but doing $20+ million in sales. Instagram selling to Facebook. Maker Studios?—?sold The second “exit”?—?Adly?—?innovated

Venture Capital 363

Venture Capital LP Valuation Later Stage 363

David Teten

DECEMBER 3, 2019

“We’re using … TinyLetter for our “Content Newsletter” … and Buffer to schedule social media posts. Point Nine Capital uses Mention for media monitoring. I use Hootsuite to coordinate my social media activity, which consists of Teten.com, PEVCTech.com , Linkedin , AngelList , and (passively) Twitter and Facebook.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Up and Running

JANUARY 5, 2018

In grocery, which represents over half of Walmart’s revenues, it plans to add 1,000 online grocery order pickup locations in 2018 in stores around the US; in December 2017 it unveiled a meal kit option and a partnership with Buzzfeed that will integrate Buzzfeed recipes with Walmart groceries. Madison Reed. Disclosed funding: $70M.

Acquisition 94

Acquisition Hawaii Partner Non-Compete 94

Rob Go

MAY 6, 2014

.” I don’t have a meaningful horse in this race, as I don’t own any Twitter stock. Facebook is a social network, and Twitter is a media company. Want to interact around photos and media? Perhaps it is true that Twitter’s valuation is pretty rich compared to its current revenue generation potential.

Social Network 71

Social Network Valuation Networking Audience 71

Growthink Blog

MARCH 20, 2010

At the Digital Media Conference West, Norwest Venture Partners’ Tim Chang stated “that in order [for an app] to do $10 million in revenues in the App store it must appear in the top 5 for 3 months.” Their latest round occurred in December 2009, and was $180 million dollars at a $1 billion valuation. PopCap Games raised $22.5

Mobile 59

Mobile Entrepreneur Venture Capital Valuation 59

ConversionXL

FEBRUARY 12, 2016

Therefore, we have this huge opportunity to influence how people feel – how they perceive our product’s value – as well as the opportunity to optimize the customer experience in such a way that the customer is delighted and we maximize our revenue. What’s the difference between price, quality, and value? Image Source. Makes sense.

Security 48

Security Cost Advertising Product 48

Seeing Both Sides

AUGUST 3, 2012

Incorporated in 1998 in Cambridge, Massachusetts, the company’s network of over 100,000 globally distributed servers provides an infrastructure layer that accelerates the distribution and delivery of content, media and applications. billion in revenue, over $1 billion in gross profit and $500 million in EBITDA. Gross Profit. $(60).

Distribution 49

Distribution Lean Massachusetts Cofounder 49

BeyondVC

FEBRUARY 1, 2006

That being said, let’s focus on the numbers that really matter, revenue and profits. Google still did deliver $372mm in earnings on $1.92b of revenue up from $204mm in earnings the year before. That’s where the growth is, that’s where the revenue and monetization is. The Google PC, those kinds of things. Sound familiar?

Stock 60

Stock Cloud Valuation Revenue 60

Both Sides of the Table

MARCH 1, 2011

Around 2003, Quigo was doing tens of millions of dollars in revenue with two main products: a ready-to-use, search engine marketing solution for advertisers called FeedPoint and a contextual advertising platform for publishers called AdSonar. Mike passed up an offer from Ross Levinsohn of Fox Interactive Media ( around $175 Million ).

Semantic 302

Semantic Acquisition Valuation Angel Investor 302