Remove 1997 Remove 2007 Remove Finance Remove Revenue
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On Bubbles … And Why We’ll Be Just Fine

Both Sides of the Table

I know that most people who are close to them tend to deny their existence, as we saw in the great housing bubble of 2002-2007 and the dot com bubble of 1997-2000. Ah, but today’s Internet companies have real revenue! Or worse yet they may never get financed. That asset class need not represent the broader market.

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Capital Market Climate Change

Ben's Blog

Perhaps you are caught in the “Series A crunch” or perhaps you are a consumer company and expected that you would be valued on users rather than revenue like the last time. 3/31/1997: 23.3. 3/30/2007: 22.6. Financing capital market down round fundraising outkast' But they most certainly are not. How could this be?

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Capital Market Climate Change

Ben's Blog

Perhaps you are caught in the “Series A crunch” or perhaps you are a consumer company and expected that you would be valued on users rather than revenue like the last time. 3/31/1997: 23.3 3/30/2007: 22.6 But they most certainly are not. Or maybe you are a lucky enterprise company and are pleasantly surprised—this time.

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What Most People Don’t Understand About How Startup Companies are Valued

Both Sides of the Table

I’d like to explain as best I can my opinion on what is going on because most of what I hear from entrepreneurs is not only wrong but is reminiscent of what I heard in 1997-2000. You’ll see here that in 2007 people were willing to pay 7.7x Why Financing in Falling Markets is So Damn Difficult. And so it goes.

Valuation 150
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Customers Love Free Stuff … But That’s Not Your Problem

abovethecrowd.com

Warren Buffet, 1997. He then argues Squarespace, as a result of choosing a Direct Listing, ended up with a valuation multiple of 6.7X, which he says compares unfavorably to its public peer $WIX (which has an 8X forward revenue multiple). It took courage for Zach Nelson and the team at Netsuite to also use a Dutch Auction in 2007.

IPO 82