Pascal's View

AUGUST 28, 2010

6) The most efficient fuel for this IPO engine is venture capital. v) “Since 1999, over 60% of IPOs have been VC-backed. Of the 85 IPOs priced so far this year, only 28 are up. capital markets for listed equities have been in systemic decline since 1997, while every other major international equity market has been growing.

Venture Capital 56

Venture Capital America Initial Public Offering IPO 56

Pascal's View

SEPTEMBER 7, 2009

I believe that, if he understood the reality of the venture capital industry today and its inextricable link to the Initial Public Offering (IPO) drought, his otherwise well-written article would have taken a markedly different direction. business model that drives job growth in emerging growth companies is IPOs. More on this below.

IPO 38

IPO Venture Capital America Marketing 38

A Smart Bear: Startups and Marketing for Geeks

OCTOBER 23, 2012

.” Here’s the summary of his track record (excerpted from the Fast Company article): Forefront — IPO’ed in 1995 by CBT — CBT stock fell 85% in 1998 and prompted class-action lawsuits. Freeloader — On $3m invested, sold for $38m in 1996 — shut down in 1997. from an IPO under a year ago of $10.

IPO 240

IPO Flash Bootstrapping Private Equity 240

Reid Hoffman

MARCH 19, 2019

And from a financial perspective, any investor would be better off buying stock in Amazon than buying and share of a corner bookshop; if you invested $100 in Amazon’s 1997 initial public offering (IPO), those shares would have been worth about $120,000 in 2018. The ride-hailing market is a perfect illustration of this.

Cofounder 28

Cofounder Business Model IPO Non-Compete 28

Professor VC

FEBRUARY 12, 2015

With companies remaining private much longer today, most of the value appreciation is pre-IPO. Former students who are readers of this blog may recall the Amazon IPO case from Entrepreneurial Finance class. Kleiner got a markup of approximately 12X at the IPO. bubble IPO unicorn valuation venture capital'

Las Vegas 28

Las Vegas IPO Pre-Money Valuation Valuation 28

Austin Startup

JUNE 27, 2017

Looking more closely at the pacing of the funds Austin Ventures raised in the table below, it also got caught up in the Dot Com frenzy, raising new, much larger funds almost every year from 1997–2001. What does it take to achieve growth in available capital in Austin? Those help build local capital availability.

Venture Capital 54

Venture Capital Austin Texas Private Equity 54

Startup Professionals Musings

JULY 19, 2015

Initial Public Offerings (IPO) are back as an exit strategy. Last year was the most active year for IPOs in the United States since 2000. 275 IPOs were completed in 2014, topping the 2013 total of 222 by more than 23%. IPO proceeds also shattered 2013’s high-water mark of $55 billion, with an impressive $85 billion in proceeds.

IPO 120

IPO Angel Investor Startup Incubator 120

Seeing Both Sides

APRIL 10, 2011

In May 1996, Open Market completed a successful IPO and more than doubled on the first day of trading, ending with a $1.2 In 1997, a Charles River Ventures fund yielded a stunning 15x return, backing such superstars as Ciena, Vignette and Flycast. This IPO and others like it (e.g., billion market capitalization.

IPO 48

IPO IRR Brazil Government 48

Hippoland

SEPTEMBER 28, 2018

I’d be curious what other people in-region think about this (and keep in mind, I won’t be doing the investing there, Shiyan will be :) ): 1) There are opportunities galore People like to use chronological analogies, so if I had to do that here, I would put investment opportunities in SEA at around 1997. Or will these companies go IPO?

Asia 48

Asia Indonesia B2B Singapore 48

Hippoland

SEPTEMBER 28, 2018

I’d be curious what other people in-region think about this (and keep in mind, I won’t be doing the investing there, Shiyan will be :) ): 1) There are opportunities galore People like to use chronological analogies, so if I had to do that here, I would put investment opportunities in SEA at around 1997. Or will these companies go IPO?

Asia 48

Asia Indonesia B2B Singapore 48

BeyondVC

JULY 16, 2007

The Wall Street Journal has an interesting article today about how the resurgence of tech IPOs have really come from "less glamorous, business-focused companies selling such products as telecommunications equipment and computer storage." Limelight Networks: $100mm pre-IPO with the big round in summer 2006, $1.6b market cap.

B2B 60

B2B IPO Valuation Internet 60

Pascal's View

OCTOBER 10, 2009

Combined with New Order Handling rules originally passed in September 1996 and implemented in 1997, these modifications to technical trading rules fundamentally changed how then-emerging electronic trading networks (ECN’s), such as Instinet, could buy and and sell stocks. This change to decimalization occurred in 2001.

Stock 31

Stock IPO Video Revenue 31

Both Sides of the Table

JANUARY 31, 2011

Let’s say you became a partner in a VC fund in 1995 and started investing heavily in 1997-99. The days of quick flips, quick IPOs and astronomic returns had come to a close. What I garnered was that many VCs secretly wanted to be entrepreneurs. They were envious. Let me explain. You felt invincible. You were minted. Making bank.

Entrepreneur 384

Entrepreneur Startup Salary Egypt 384

Both Sides of the Table

MAY 23, 2012

IPO markets had burned an entire cycle of retail stock investors and many institutional investors to boot. In 1997, the year the Kauffman Report begins its analysis; there were 70 million users online globally. The Exit Problem. There are 20x more consumers online.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

Pascal's View

NOVEMBER 14, 2009

IPO market and simply dismiss the American equity markets for emerging growth companies today as “no longer engineered for brokers & bankers to make money via flipping over-valued startups to retail investors via institutional cronies” (from Paul Kedrosky’s blog). The current IPO markets in the U.S. jobs today.

Delaware 37

Delaware IPO Venture Capital Private Equity 37

Pascal's View

MAY 13, 2011

The NVCA has developed research going back forty years showing that over 90% of the job growth created by venture-backed companies occurs AFTER their IPO. So it should be no surprise to our government and to economists that we aren’t getting the job growth that we need in our tentative recovery from 2008—we need IPOs to create jobs.

Equity 31

Equity Securities and Exchange Commission IPO Marketing 31

Version One Ventures

APRIL 14, 2021

It is also the first IPO in the Version One family and hence, a special milestone for us as a fund. . The IPO will now give more investors, who believe in Coinbase and its mission, the opportunity to join in the journey going forward. . Relative to how the Internet developed, we might only be in 1997/98.

IPO 121

IPO Later Stage Early Stage Portfolio 121

Both Sides of the Table

JANUARY 22, 2011

Let’s say you became a partner in a VC fund in 1995 and started investing heavily in 1997-99. The days of quick flips, quick IPOs and astronomic returns had come to a close. What I garnered was that many VCs secretly wanted to be entrepreneurs. They were envious. Let me explain. You felt invincible. You were minted. Making bank.

Entrepreneur 176

Entrepreneur Startup Salary Egypt 176

Ben's Blog

MAY 30, 2010

Read Jeff Bezos’ 3-page letter he wrote to shareholders in 1997. He shares that on the day of Baidu’s IPO—usually one of an entrepreneur’s most exhilirating days of his entire life—he sat at his desk terrified. Companies can take as long as they need to tell it, but they must tell it and it must be compelling.

Prospectus 78

Prospectus Architecture Leadership Employee 78

BeyondVC

JANUARY 10, 2004

Tivo is a great example-it is a great product with cult-like customer appreciation, yet it is still not profitable after raising about $200mm from its first round of capital in late 1997 to its IPO in late 1999. The post CES-Show me the money! appeared first on BeyondVC.

Strategic Investors 60

Strategic Investors IPO Channel Global 60

abovethecrowd.com

JUNE 2, 2021

Warren Buffet, 1997. On March 26, SoFi announced that “it will be offering its members (at least those with $3K in their account) the ability to invest in IPOs for companies going public, an investment opportunity that has traditionally been reserved for large institutional investors or ultra-high-net-worth individuals.”

IPO 82

IPO Customer Matching Silicon Valley 82

Seeing Both Sides

OCTOBER 3, 2011

The Kauffman Foundation’s research on this matter is clear: from 1997 to 2005, job growth in the US was driven entirely by start-ups. For young companies to truly have a shot at achieving long-term success, they need to be able to access the public markets through an IPO. It’s new businesses. Policies: Achieve Long-Term Success.

Leadership 46

Leadership Entrepreneur IPO Brazil 46