View from Seed

AUGUST 30, 2016

Next, look at the average revenue per user numbers (courtesy of Piktochart ) are listed below, and while this information is from 2015, it’s interesting to note the trends (Instagram projected to rise to $9 by 2020 according to Forbes ). In addition, look at Facebook’s revenue per user growth globally over the past few quarters.

Social Media 185

Social Media B2B North America Media 185

View from Seed

MARCH 20, 2020

In the face of plummeting revenues, restaurants are being forced to lay off workers to reduce costs, as they are still responsible for ongoing costs like rent and taxes. Having previously worked at Uber Eats, I am heartbroken to see the impact that the coronavirus is having on the restaurant industry.

New York City 374

New York City Demand Technical Review Non-Compete 374

View from Seed

AUGUST 3, 2021

There Tim as SVP Sales built a machine which grew revenue from $0M to $18M ARR in a matter of months prior to the acquisition. The company’s vision for orienting sales around “ Product Led Revenue ” is now becoming a reality. The post Why NextView Invested in Correlated appeared first on NextView Ventures.

Cofounder 156

Cofounder Seed Stage Portfolio Revenue 156

View from Seed

AUGUST 3, 2021

There Tim as SVP Sales built a machine which grew revenue from $0M to $18M ARR in a matter of months prior to the acquisition. The company’s vision for orienting sales around “ Product Led Revenue ” is now becoming a reality. The post Why NextView Invested in Correlated appeared first on NextView Ventures.

Cofounder 156

Cofounder Seed Stage Revenue Acquisition 156

View from Seed

SEPTEMBER 11, 2019

At NextView we invest across the spectrum of seed stage companies so roughly 1/3rd of the companies we invest in are pre-product, roughly 1/3rd are post-product but pre-revenue, and perhaps 1/3rd have some very early revenue. You’re obviously not showing charts of user growth, number of customers, or revenue.

Seed Stage 149

Seed Stage B2B Seed Capital Revenue 149

View from Seed

MAY 16, 2019

One of the key questions for me was how might Slack stack up against other great SaaS companies when it comes to average revenue per user (ARPU), and how ARPU and total addressable market (TAM) might drive Slack’s long run market cap. Revenue growth rate of 82% year over year. 10M+ daily active users (DAUs). So Slack generated $1.43

Lock-up Period 168

Lock-up Period Retention Azure .Net 168

View from Seed

AUGUST 3, 2021

There Tim as SVP Sales built a machine which grew revenue from $0M to $18M ARR in a matter of months prior to the acquisition. The company’s vision for orienting sales around “ Product Led Revenue ” is now becoming a reality. The post Why NextView Invested in Correlated appeared first on NextView Ventures.

Cofounder 136

Cofounder Seed Stage Portfolio Revenue 136

View from Seed

OCTOBER 24, 2019

Most series A’s in B2B require a minimum level of top line revenue and a minimum amount of historical data to prove retention and some sort of repeatable growth engine. Further down the road, I find that second seeds are often necessary to help B2B companies achieve a really strong series A, even for companies with solid PMF.

Dilution 149

Dilution B2B Burn Rate Early Stage 149

View from Seed

MAY 21, 2020

We hit an clear inflection point in our revenue trajectory 14 months ago when we radically changed our marketing positioning”. “$1M Draw arrows in the revenue ramp for that “ah-hah” moment where things changed and there was a kink in the curve. .

Seed Stage 274

Seed Stage Finance Lean Revenue 274

View from Seed

MARCH 5, 2019

There are a variety of quick write-ups on the Lyft S-1 for basic figures like annual revenue, rider growth, or who the largest shareholders are. Lyft helpfully provides the number of active riders, total number of rides, and average revenue per rider on a quarterly basis. Rough estimate of 2019 revenue, excluding new riders.

Aggregator 120

Aggregator IPO .Net Revenue 120

View from Seed

JULY 19, 2022

On average, an eCommerce retailer spends 15-30% of their revenue on paid marketing channels, but in recent months, new privacy regulations, iOS 14 tracking changes and the phase out of 3rd-party cookies, have increased the cost to acquire a new customer by 155% , a trend that is expected to continue in the coming years.

eCommerce 156

eCommerce Greece Early Stage SMS 156

View from Seed

NOVEMBER 18, 2014

Generate Real Revenue. Another approach to raise Series A is to drive meaningful revenue. Similar to a revenue-focused strategy, this approach goes further than vanity metrics in demonstrating ultra-high engagement and penetrations into a small number of users/buyers. Craft a Small Scale Machine. Go for your Series A earlier.

Syndicate 333

Syndicate Syndication Seed Stage Startup 333

View from Seed

JANUARY 27, 2021

Thirteen of these 15 companies were seeded pre-revenue, and many were at concept stage or had rudimentary early products. In our first two funds, we’ve been fortunate to seed five unicorns ( Attentive , Whoop , Grove Collaborative , Skillz , and TripleLift ) and 10 companies with $100M+ exits or recent valuations.

LP 411

LP Early Stage Seed Stage Venture Capital 411

View from Seed

SEPTEMBER 13, 2018

A company with $250K monthly recurring revenue which took 4 years and $5.5M However, now with increased heterogeneity in funding history, startups are now only being evaluated on the absolute progress and scale which they’ve reached, but also the relative progress and scale. Seed stage startups are now graded on a curve.

Seed Stage 136

Seed Stage Post-Money Valuation Valuation Startup 136

View from Seed

MARCH 15, 2017

Internally, the scarcity of tangible business metrics – product usage or revenue multiples for example – can make an investment decision feel daunting. VC evaluation of seed-stage startups can seem arbitrary or imitative at times. Any seed stage company’s strategy is a constant work-in-progress.

Due Diligence 265

Due Diligence Seed Stage Portfolio Metrics 265

View from Seed

NOVEMBER 7, 2019

Year over year revenue growth rates are measured in multiples not percentages. Startup pitch decks now have an obligatory unit economics page, not just an up and to the right revenue graph. But during this period, many founders and investors do prize growth above most everything else.

IPO 202

IPO Early Stage Cofounder B2C 202

View from Seed

FEBRUARY 7, 2019

Because our economy is now so vast, up to 19 trillion dollars, up 4 Trillion in the last 10 years alone, a value added tax would generate almost a trillion dollars in revenue.

Conversion 196

Conversion Alaska Dividend El Salvador 196

View from Seed

APRIL 30, 2015

Traction and revenue? Typically, the gross margins aren’t there compared to software, so revenue isn’t quite as important in the early stages of getting to market. Investors have typically seen our term sheets and documents before, and the startup’s lawyers have seen these too, so everyone knows the standard and what to expect.

Term Sheet 120

Term Sheet Equity Startup Seed Stage 120

View from Seed

SEPTEMBER 4, 2018

In two cases, these businesses were doing significant early revenue ($500K/month+), so could be considered “post-seed”, although both of these companies had not raised significant institutional capital before we led their rounds. Of the last 15 investments we’ve made, 8 have been pre-product or pre-seed style rounds.

North America 120

North America Seed Stage Early Stage Lead Investor 120

View from Seed

DECEMBER 6, 2018

But top line revenues are only one aspect of success. So beyond headline revenue/GMV, it’s not clear that shopping holidays generate incremental demand or significantly shift share from other retailers. Wayfair is a very large business (nearly $5B revenue in 2017), but isn’t nearly as big as an Amazon or broad in terms of categories.

Demand 136

Demand China Sales Revenue 136

View from Seed

JULY 8, 2021

They quickly ramped to seven figure recurring revenue just a few months after that. So we made a pre-seed investment in Lula and they also participated in NextView’s virtual accelerator program we launched Summer 2020 as the world went into lockdown.

API 156

API Miami Cofounder Boston 156

View from Seed

SEPTEMBER 20, 2017

For example, our firm is an investor in Fig , a crowdfunding platform for video games with a model that combines individual backing with rewards and the opportunity for non-accredited investors to invest in obtaining a share of future revenues.

Accredited Investor 214

Accredited Investor Cloud Media Framework 214

View from Seed

NOVEMBER 14, 2019

But for less well known founders, a series A requires pretty significant revenue, growth, and retention metrics. Second – the distance between company formation and series A is probably further than it has ever been. For very well known founders, a series A can happen well before traction.

Seed Stage 331

Seed Stage Cofounder Retention Founder 331

View from Seed

JULY 22, 2020

A company that has grown revenue or users by XXX% isn’t valuable just because it’s bigger, but because that traction has unlocked other things that make the business more valuable as well. And I see far more companies that put off focusing on traction for too long than I see companies that break because of growing at all costs.

Early Stage 254

Early Stage Retention PR Founder 254

View from Seed

SEPTEMBER 23, 2019

develop and launch X product, reach Y number of users, generate $Z amount revenue). The latter should simply state what this capital fundraise will “buy” you in terms of a few headline business proof points (e.g.

Cap Table 211

Cap Table Seed Stage Valuation Dilution 211

View from Seed

OCTOBER 11, 2022

Simply put, we can flex our check size from $400K to $4M to invest anywhere along the pre-traction to post-revenue spectrum — an abnormality and an advantage in today’s market. In addition, I’m beyond excited to have the flexibility to support promising founders early with the right-sized checks for the stage of their companies.

North America 156

North America San Francisco Cap Table Cofounder 156

View from Seed

JULY 8, 2021

They quickly ramped to seven figure recurring revenue just a few months after that. So we made a pre-seed investment in Lula and they also participated in NextView’s virtual accelerator program we launched Summer 2020 as the world went into lockdown.

API 120

API Miami Cofounder Boston 120

View from Seed

FEBRUARY 27, 2019

YoY, MoM growth rates, % revenue by customer segment) to concepts such as margin and working capital is tremendously useful when determining what operating metrics to focus on as a business. Additionally, understanding how financial reporting is usually presented (e.g. Candidate archetypes?

Analytics 149

Analytics Hiring SQL Forecast 149

View from Seed

NOVEMBER 12, 2014

Any success (growth, revenue, or profits) we have will follow from that. But I think we can take it to the next level with some really innovative personalized features that continue to do what we’ve been doing: help people prepare for their day. The reason why this is next is because we’re product-centric.

Design 330

Design Product Cofounder Boston 330

View from Seed

JANUARY 26, 2022

This maximizes network effects, encourages creative expansion, and builds real community via ownership–all while securing additional revenue streams. Blockchain games channel mod culture and empower third-party developers to customize their own gameplay experiences through plug-ins and third-party clients. Tokenomic incentive structures.

Flash 156

Flash Architecture Security Community 156

View from Seed

APRIL 13, 2016

Today, he spends most of his time writing and speaking and is arguably the best source on the planet for learning about how startups can create landing pages that convert, whether you’re drumming up pre-launch demand or trying to keep growing meaningful revenue.

Cofounder 120

Cofounder Startup Demand Revenue 120

View from Seed

FEBRUARY 1, 2018

Five years ago, TapCommerce CEO & Co-Founder Brian Long had a vision of helping brands deliver customers, revenue, and ROI across mobile devices. A lot has changed since then, but one industry megatrend has remained constant: consumers’ radical adoption of mobile commerce and retailers’ desire to reach them on these devices.

Cofounder 136

Cofounder SMS Channel Mobile 136

View from Seed

JULY 7, 2015

His company is a bootstrapped startup (for now, he says) that helps other software companies price their products based on what customers will actually pay — and essentially avoid leaving revenue on the table. How to price a software product correctly to maximize revenue and avoid leaving money on the table early on.

Bootstrapping 120

Bootstrapping Founder Boston Cofounder 120

View from Seed

SEPTEMBER 27, 2016

To illustrate with a simple example, take Startup A which takes five years to reach $200K in monthly revenue and compare it to Startup B which took one year to reach $100K in monthly revenue. Traction is graded on a curve , just like in high school. First, the contour. On absolute terms, Startup A is twice as large.

Metrics 120

Metrics Revenue Partner Finance 120

View from Seed

SEPTEMBER 12, 2019

There are a number of companies out there that have grown to substantial revenue, but ended up failing to create robust, valuable long term assets. No matter how great your team, product, or execution, there is a huge benefit to having the wind at your back.

Seed Stage 159

Seed Stage eCommerce Restful Matching 159

View from Seed

OCTOBER 10, 2017

She joined the company when it was about 20 people at their NY headquarters, helped the company scale revenue 25X in 3.5 For those of you who don’t know Melody, she was an early member of the team at Blue Apron, joining the company as their first PM and eventually going on to lead their product, design, and analytics teams.

New York 120

New York Cofounder IPO Early Stage 120

View from Seed

FEBRUARY 27, 2019

growth/revenue target) to get to the next stage/financing round. disprove certain hypothesis so you can move on); otherwise they should either move your top line (revenue) or your bottom line (margin/profit) directly or indirectly (e.g. they can range from customer acquisition, product engagement/stickiness, or business model.

Hiring 120

Hiring Bandwidth Product Early Stage 120