Austin Startup

JUNE 27, 2017

Valuations in startups increased dramatically during the Dot Com boom and then both valuations and the availability of investment capital nationally collapsed in 2001 with the Dot Com bust and 9/11. But the timing of the launch of these new funds almost assured their failure regardless of their investing acumen.

Venture Capital 54

Venture Capital Austin Texas Private Equity 54

Steve Blank

APRIL 12, 2013

It went bankrupt in 1997.). Over 100 startups were listed on ChiNext the first year of its launch at sky-high valuations (average of 66 times earnings.) A few foreign VC firms like IDG Capital Partners entered China in the early 1990s. The market was created to provide startups and their investors liquidity.

Venture Capital 163

Venture Capital China Offshore SBIR 163

Feld Thoughts

FEBRUARY 9, 2016

I started investing in 1994 and while there was some bumpiness in 1997 and again in 1999, the real pain happened between 2000 and 2005. This is a little tricky in early rounds and with modest up-round financings, as you’ll often have a liquidation preference that is high relative to your overall valuation.

Cap Table 70

Cap Table Down Round Liquidation Preference Founder 70

www.inc.com

SEPTEMBER 24, 2011

Back in 1997, Randy Parker was staring at a blank whiteboard, wondering where hed find the money to hire the employees and consultants he needed to build his new product. "We As you think about how much equity to offer, have a reasonable valuation in mind thats been determined using professional advice. Consult your lawyer for details.

Fractional CTO 40

Fractional CTO Equity Iowa Technical Cofounder 40

A Smart Bear: Startups and Marketing for Geeks

OCTOBER 23, 2012

Freeloader — On $3m invested, sold for $38m in 1996 — shut down in 1997. So it IPO’ed at a $13b valuation but has dropped month-over-month to one-fourth that value and appears to be in “constant pivot mode” while they try to figure out a new, massive market for which their existing infrastructure is an asset.

IPO 240

IPO Flash Bootstrapping Private Equity 240

Ben's Blog

JULY 16, 2013

You probably thought that valuations would be roughly the same as they were the last time you raised money. 3/31/1997: 23.3. And those are big companies with real earnings, so you can imagine how a private company’s valuation might fluctuate. In June of 2000, I raised money at an $820M post-money valuation.

Down Round 78

Down Round Marketing Preferred Stock Post-Money Valuation 78

Professor VC

FEBRUARY 12, 2015

I''m not about to compare the current state of private company valuations to the real estate bubble or even the dot-com bubble. The question is whether the valuations can be supported. For example, Uber ( not a startup but someone should let TechCrunch know ) is private and has a valuation greater than 70% of the Fortune 500.

Las Vegas 28

Las Vegas IPO Pre-Money Valuation Valuation 28

Pascal's View

NOVEMBER 1, 2008

 We had an engaging and candid conversation, which included fielding questions from audience members including  Laurie Yoler, Managing Director of GrowthPoint Technology Partners. We reviewed director legal responsibilities and fiduciary duties and noted some common board misalignments: 42in;text-indent:-.42in;text-align:left;direction:ltr;unicode-bidi:embed;

Vertical 28

Vertical Syndicate Syndication Forecast 28

Ben's Blog

JULY 16, 2013

You probably thought that valuations would be roughly the same as they were the last time you raised money. 3/31/1997: 23.3 And those are big companies with real earnings, so you can imagine how a private company’s valuation might fluctuate. In June of 2000, I raised money at an $820M post-money valuation.

Marketing 46

Marketing Preferred Stock Post-Money Valuation Down Round 46

Both Sides of the Table

JANUARY 31, 2011

Mostly you read about fundings, product releases, big valuations, and M&A. Let’s say you became a partner in a VC fund in 1995 and started investing heavily in 1997-99. And for ones that do get sold often most of the employees don’t really make huge upside gains. I’m not trying to be negative. They were envious.

Entrepreneur 384

Entrepreneur Startup Salary Egypt 384

Startup Professionals Musings

JULY 19, 2015

There is additional encouraging news for aspiring entrepreneurs on many fronts, just in case you are thinking about joining the existing ranks: Valuations of successful startups have hit an all-time high. According to Fox Business , women-owned businesses have increased 68% since 1997, running more than 9.1 million businesses in 2014.

IPO 120

IPO Angel Investor Startup Incubator 120

Both Sides of the Table

MAY 23, 2012

Yes, it’s true that FOMO (fear of missing out) is driving some irrational behavior and valuations amongst uber competitive deals and well-financed VCs. In 1997, the year the Kauffman Report begins its analysis; there were 70 million users online globally. There are 20x more consumers online.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

BeyondVC

JULY 16, 2007

Shortel: $102mm pre-IPO with first round in 1997, Based on this data, one can see how many of the existing investors generated some great returns on absolute and relative terms. However what is beginning to scare me is that valuations for these consumer internet plays are continuing to creep higher. market cap.

B2B 60

B2B IPO Valuation Internet 60

Both Sides of the Table

JANUARY 22, 2011

Mostly you read about fundings, product releases, big valuations, and M&A. Let’s say you became a partner in a VC fund in 1995 and started investing heavily in 1997-99. And for ones that do get sold often most of the employees don’t really make huge upside gains. I’m not trying to be negative. They were envious.

Entrepreneur 176

Entrepreneur Startup Salary Egypt 176

Version One Ventures

APRIL 14, 2021

Even at the Series D valuation, we felt confident that there was an opportunity that our investment would pay back the whole fund. Relative to how the Internet developed, we might only be in 1997/98. Being a potential fund maker is one of our criteria for every single investment.

IPO 121

IPO Later Stage Early Stage Portfolio 121

Both Sides of the Table

FEBRUARY 14, 2016

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. I have been talking about my concerns about valuations for the past couple of years because, well, they’ve been rising very rapidly the past two years!

Valuation 150

Valuation Down Round Startup Later Stage 150

Reid Hoffman

JANUARY 19, 2021

For example, in 1997, I had not realized that you need to invent and reinvent your go to market strategy together with your product idea. Unfortunately, I experienced this dysfunction personally at my very first startup, SocialNet. As SocialNet was my first startup, I began with many bad theories of the startup game.

Startup 36

Startup Cofounder Advertising Hiring 36

abovethecrowd.com

JUNE 2, 2021

Warren Buffet, 1997. The primary argument Chris is making is that Procore ended up at a better relative valuation (from his perspective) to its peers than did Squarespace, and that the clear reason this happened was the choice of an IPO (his preferred decision) over a Direct Listing (which he implies is a bad choice).

IPO 82

IPO Customer Matching Silicon Valley 82

Both Sides of the Table

OCTOBER 19, 2010

Attempts at “moving up the stack&# – In 1997 I led a project to help senior management at British Telecom define its Internet strategy. and Excite in particular as well as all of the Internet companies with grandiose stock market valuations. At the time all telco’s were envious of Yahoo!

Distribution 386

Distribution Audience Video Internet 386