Steve Blank

APRIL 23, 2014

VCs like acquisitions as much as IPOs because the acquiring companies often can rationalize paying large multiples over the current valuation of the startup. However, these nosebleed valuations make it even more important in getting the acquired company integrated correctly. Is the Potential Acquisition Searching or Executing?

Acquisition 332

Acquisition Intellectual Property Silicon Valley Startup 332

Startup Professionals Musings

NOVEMBER 26, 2012

Once you have a potential investor excited about your team, your product, and your company, the investor will inevitably ask “What is your company’s valuation?” How much is NewCo worth to investors at this point (pre-money valuation)? This is the most concrete valuation element, usually called the asset approach.

Valuation 270

Valuation Pre-Money Valuation NPV Intellectual Property 270

Startup Professionals Musings

SEPTEMBER 8, 2019

The advantage is no time and effort is spent searching and preparing for the other alternatives, and no repayment terms or collateral are required. Some nonprofit entrepreneurs think they can skip the whole plan, rather than just the sections on valuation, equity offered, and exit strategy. Individual and institutional philanthropy.

Equity 235

Equity Angel Investor Technical Review Exit Strategy 235

Startup Professionals Musings

SEPTEMBER 29, 2018

Hire a professional marketing and public relations agency once you have a good revenue stream but you don’t need them to start a free blog, establish Facebook and Twitter accounts with initial content and complete the basics of search engine optimization. Social media is not rocket science. The timing of cash flow is everything.

Burn Rate 223

Burn Rate Hockey Stick Startup Salary 223

Hearpreneur

JANUARY 22, 2023

Artificial intelligence (AI) is already starting to have a significant impact on search engine optimization (SEO) for agencies. And vertical videos can result in higher SEO (Search Engine Optimization) content, making the videos stand out more in the search results. Thanks to Austin Armstrong, Socialty Pro ! #15-

Artificial Inteligence 122

Artificial Inteligence Technical Review Entrepreneur Social Media 122

Cracking the Code

AUGUST 3, 2011

In search of Europes next tech stars. Detailed SaaS Spreadsheet (Valuation and CAC benchmark). SaaS 13 Index Valuation. In search of Europe's next tech stars. Cracking The Code. Thoughts from a Venture Capitalist on Software, Software-as-a-Service (SaaS), Cloud Computing, Internet and more. Wednesday, August 03, 2011.

Software Review 67

Software Review Europe Technical Review Search 67

Startup Professionals Musings

SEPTEMBER 6, 2010

Once you have a potential investor excited about your team, your product, and your company, the investor will inevitably ask “What is your company’s valuation?” How much is NewCo worth to investors at this point (pre-money valuation)? This is the most concrete valuation element, usually called the asset approach.

Valuation 234

Valuation Pre-Money Valuation NPV Startup 234

Gust

NOVEMBER 18, 2012

Once you have a potential investor excited about your team, your product, and your company, the investor will inevitably ask “What is your company’s valuation?” How much is NewCo worth to investors at this point (pre-money valuation)? This is the most concrete valuation element, usually called the asset approach.

Valuation 187

Valuation Pre-Money Valuation NPV Intellectual Property 187

Both Sides of the Table

SEPTEMBER 10, 2021

I’m over-paying for every check I write into the VC ecosystem and valuations are being pushed up to absurd levels and many of these valuations and companies won’t hold in the long term. On the one hand, you’re over paying for every investment and valuations aren’t rational. The legends of Silicon Valley?—?two HP Style) are dead.

Pre-Money Valuation 471

Pre-Money Valuation Valuation Venture Capital Early Stage 471

Tim Keane

JANUARY 12, 2010

Term-sheets and Valuations: Thinking about Negotiations.   I’ve sat down with entrepreneurs and a copy of a term sheet guide I like [ “Term Sheets & Valuations - A Line by Line Look at the Intricacies of Venture Capital Term Sheets & Valuations ” by Alex Wilmerding, Aspatore Press.] The Valuation Question.

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

Agile VC

APRIL 17, 2011

What They Do: Travel search engine. How They Do It: Aggregate data from travel data warehouses like ITA as well as indexing travel providers websites, provide this information to consumers in a highly customizable search engine. Search Statistics: 2010 Queries: 634 million. Founding Date: 2004. 2010 Net Income: $8 million.

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

Both Sides of the Table

APRIL 15, 2010

It was the first company to do “paid search&# back when Larry & Sergey were saying they would never do it. They want to monetize the Twitter stream via contextual search matching. But Twitter.com (which will likely improve dramatically on UI, I’m guessing) will be the main event for Twitter search.

Venture Capital 271

Venture Capital Affiliate Valuation San Francisco 271

SoCal CTO

JANUARY 18, 2011

During all this time, valuation pitched to the investors was in the $1M – $3M range. When finally, I sat down and started talking, they basically tallied up the hours I spent and gave a choice to get equity at current $3 mil valuation or get full cash for my time or blend of both cash/equity. Don’t make the same mistake.)

CTO 167

CTO CTO Hire Equity Vesting 167

Startup Professionals Musings

OCTOBER 5, 2014

Hire a professional marketing and public relations agency once you have a good revenue stream but you don’t need them to start a free blog, establish Facebook and Twitter accounts with initial content and complete the basics of search engine optimization. Social media is not rocket science. The timing of cashflow is everything.

Burn Rate 262

Burn Rate Hockey Stick Entrepreneur Salary 262

SoCal CTO

JANUARY 18, 2011

During all this time, valuation pitched to the investors was in the $1M – $3M range. When finally, I sat down and started talking, they basically tallied up the hours I spent and gave a choice to get equity at current $3 mil valuation or get full cash for my time or blend of both cash/equity. Don’t make the same mistake.)

CTO 150

CTO CTO Hire Equity Vesting 150

The Next Web

SEPTEMBER 16, 2012

Pinterest and Visual Search. Pinterest is going to be the website to watch, along with other image-based social networking, search and sales websites. As search engines get smarter and start working in more relevant social influence paramaters (+1′s, Facebook Likes, Klout , etc.), Valuations Aren’t Going Away.

API 157

API Social Media Mobile Valuation 157

View from Seed

APRIL 5, 2016

Rachael is still searching the market for opportunities as a junior developer. So Rachael is going to continue looking for that dream job, and she will continue searching for the right community to support her endeavors. Likewise, true grit is defined by so much more than company growth and valuations.

Founder 120

Founder Web Development Web Community 120

Startup Professionals Musings

SEPTEMBER 20, 2017

The advantage is no time and effort is spent searching and preparing for the other alternatives, and no repayment terms or collateral are required. Some nonprofit entrepreneurs think they can skip the whole plan, rather than just the sections on valuation, equity offered, and exit strategy. Individual and institutional philanthropy.

Angel Investor 132

Angel Investor Equity Technical Review Exit Strategy 132

Startup Professionals Musings

JUNE 25, 2012

The advantage is no time and effort searching and preparing for the other alternatives, and you don’t have to encumber yourself or give up control of your company. Use this approach before you have a real valuation, a real product, or any real customers. Self-funding is the preferred source of cash for your startup – if you can do it.

Technical Review 257

Technical Review Bootstrapping Venture Capital Incubator 257

Startup Professionals Musings

AUGUST 5, 2023

Searching LinkedIn, for example, is a must for contemporary entrepreneurs. Friends and family are key at the idea and early development stages, when you have minimal business valuation. It clearly identifies potential investors who meet your profile, and provides contact information. But don’t wait for them to contact you.

Angel Investor 246

Angel Investor Stealth Bootstrapping Early Stage 246

View from Seed

JANUARY 2, 2024

Likewise, institutional seeds are all over the map both in terms of round profiles, valuations, and the players involved. Again, I think the question facing early stage investors is: Are you going the a hammer in search for nails? So “pre-seeds” can look like $1M on $8M post for certain profiles of founders and companies.

Early Stage 177

Early Stage Valuation Distribution Founder 177

View from Seed

AUGUST 17, 2021

90% of the airtime around ownership and valuations is focused on what happens when the first check is written. Effective post money is the effective valuation of an investor’s dollars at any one time. As my partner Lee always says, fundraising isn’t about convincing skeptics, it’s a search for true believers.

IRR 205

IRR Dilution Founder Portfolio 205

A Smart Bear: Startups and Marketing for Geeks

AUGUST 18, 2015

The current valuation of the company is based on continued growth in revenue and earnings, not erosion due to ankle-biters. In the big-boy and big-girl world of real, at-scale companies, valuation is about total future earnings. For example, Google’s profitable search business funds GMail. Not anymore.

Technical Review 120

Technical Review Valuation Flash Revenue 120

Startup Professionals Musings

SEPTEMBER 14, 2016

Hire a professional marketing and public relations agency once you have a good revenue stream but you don’t need them to start a free blog, establish Facebook and Twitter accounts with initial content and complete the basics of search engine optimization. Social media is not rocket science. The timing of cash flow is everything.

Burn Rate 120

Burn Rate Hockey Stick Startup Salary 120

Startup Professionals Musings

OCTOBER 13, 2013

The advantage is no time and effort is spent searching and preparing for the other alternatives, and no repayment terms or collateral are required. Some non-profit entrepreneurs think they can skip the whole plan, rather than just the sections on valuation, equity offered, and exit strategy. Individual and institutional donations.

Equity 207

Equity Angel Investor Technical Review Exit Strategy 207

Startup Professionals Musings

JUNE 5, 2021

In startup business plans, a bubble is too many entrepreneurs and too many investors chasing the latest “next big thing,” like Google search engine, Facebook social network, or Amazon e-commerce site. High valuation, low profit. In finance, a bubble is too much money chasing assets, greater asset production and a herd mentality.

Demand 362

Demand Government Venture Capital Valuation 362

View from Seed

AUGUST 17, 2021

90% of the airtime around ownership and valuations is focused on what happens when the first check is written. Effective post money is the effective valuation of an investor’s dollars at any one time. As my partner Lee always says, fundraising isn’t about convincing skeptics, it’s a search for true believers.

IRR 156

IRR Dilution Founder Portfolio 156

Startup Professionals Musings

NOVEMBER 22, 2020

Searching LinkedIn, for example, is a must for contemporary entrepreneurs. Friends and family are key at the idea and early development stages, when you have minimal business valuation. It clearly identifies potential investors who meet your profile, and provides contact information. But don’t wait for them to contact you.

Stealth 434

Stealth Startup Angel Investor Bootstrapping 434

Both Sides of the Table

AUGUST 14, 2009

Social Network s / Search / Blogs – Obvious, huh? Basic search engine research can give many clues and if people do keep a blog and you want to meet the person then many clues are obviously there. If you’re three s -hot kids from Stanford, Caltech or MIT you might be able to push valuation higher. At what value?

Silicon Valley 291

Silicon Valley Ireland Technical Review Valuation 291

Startup Professionals Musings

SEPTEMBER 15, 2012

The advantage is no time and effort is spent searching and preparing for the other alternatives, and no repayment terms or collateral are required. Some non-profit entrepreneurs think they can skip the whole plan, rather than just the sections on valuation, equity offered, and exit strategy. Individual and institutional donations.

Angel Investor 218

Angel Investor Technical Review Exit Strategy Equity 218

The Startup Magazine

AUGUST 16, 2020

Valuate your business. It goes without saying, admittedly, but business valuations provide you with a strong idea about how much your business is worth. Also, a valuation is required for specific financing options. They will have a full understanding of what to measure and study for an accurate valuation.

Finance 164

Finance Valuation Equity Search 164

The Startup Magazine

JANUARY 17, 2024

Whether you’re searching for that funding to kickstart your dreams or hoping to attract the attention of venture capitalists, the startup investment landscape resembles a vibrant city. Entrepreneurs also encounter the intricacies of terms and valuation. These financial intricacies possess the power to both enchant and bewilder.

Due Diligence 126

Due Diligence Angel Investor Syndicate Syndication 126

Startup Professionals Musings

MARCH 16, 2011

The advantage is no time and effort searching and preparing for the other alternatives, and you don’t have to encumber yourself or give up control of your company. Use this approach before you have a real valuation, a real product, or any real customers. Self-funding is the preferred source of cash for your startup – if you can do it.

Technical Review 233

Technical Review Bootstrapping Startup Venture Capital 233

The Startup Magazine

NOVEMBER 1, 2021

This is because consumers tend to search for them when shopping for a product. One of the best things you can do in your affiliate marketing strategy is to provide incentives like exclusive promotions, deals, and discount vouchers.

Affiliate 182

Affiliate Marketing Technical Review Software Review 182

Both Sides of the Table

SEPTEMBER 23, 2010

They’re not in search of price fixing or collusion, they’re in search of diligence information about the company. At what valuation? To be crystal clear – I think AngelList is awesome and I have NEVER heard Nivi or Naval ever reveal or discuss pricing information. People call each other. Convertible or equity?

Entrepreneur 292

Entrepreneur Technical Review Stealth Valuation 292

Berkonomics

NOVEMBER 4, 2016

So how do you use financial projections as valuation metrics when you know the odds of those being accurate predictors of the future are so very unreliable? million), but certainly also allowing the investor to put much lower values into each test, resulting in valuations well below that amount. The Method should allow for this.

Valuation 48

Valuation North Carolina Oklahoma City Silicon Valley 48

VC Cafe

MAY 29, 2022

Additionally, given the valuation entry points, the return upside remains quite substantial regardless of macro conditions. Beyond growth momentum and compelling KPIs, this is where investors will search for true strategic differentiation and a path to profitability. The key messages: “This is not a time to panic.

Venture Capital 183

Venture Capital Early Stage Valuation Startup 183