Feld Thoughts

DECEMBER 10, 2018

Rates have risen significantly in the last eighteen months, pulling capital out of the equity markets and into the fixed income markets. This dynamic is reflected in the article Scooter Firm Chases Funding to Staunch Losses about the current Lime and Bird financings. I also have no idea what the timing of anything is.

DC 112

DC Equity Hosting Valuation 112

Up and Running

SEPTEMBER 5, 2017

“In a lot of the industries in which I ended up launching companies, there was a pre-existing profile of what a successful entrepreneur should look like—typically a young, white male with a technical, finance, or political background,” says Aguirre de Carcer. While private equity has a history in the U.S.

Venture Capital 82

Venture Capital Lean Cofounder Technical Review 82

Ben's Blog

MAY 24, 2021

In fact, if you exclude the Dot Com Bubble of 1999-2000, they have been steady for nearly thirty years. 1999-2000 51.6% Time Period IPO Pop % Above IFR 1999-2000 51.6% 1999-2000 37.5% We have published some research on this topic elsewhere, which I will summarize briefly below. Time Period IPO Pop* 1980-1989 6.1%

SEC 36

SEC Accredited Investor IPO Technical Review 36

OnlyOnce

DECEMBER 5, 2014

First we announced a $35mm financing led by Vista Equity Partners, an exceptional private equity firm that I’d never heard of before the middle of the fundraising process a few months ago. This was a big week for Return Path. Lots of aspects of our jobs will. But that’s a good thing.

Private Equity 125

Private Equity Syndicate Syndication Equity 125

Pascal's View

AUGUST 28, 2010

v) “Since 1999, over 60% of IPOs have been VC-backed. billion, followed by finance, 19 deals, and healthcare, 17 deals. Private-equity and venture capital firms have been hard hit too. .” (iii) “Roughly 600,000 new businesses (that employ others) are started each year in the U.S.” . (iv) ” (ix) The U.S.

Venture Capital 56

Venture Capital America Initial Public Offering IPO 56

abovethecrowd.com

APRIL 20, 2016

Why the Unicorn Financing Market Just Became Dangerous…For All Involved. By the first quarter of 2016, the late-stage financing market had changed materially. Investors were becoming nervous and were no longer willing to underwrite new Unicorn-level financings at the drop of a hat. 2015 was the exact opposite.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

abovethecrowd.com

OCTOBER 17, 2013

In addition to market concerns, I had the unique experience of working with Dan Nordstrom and the team at Nordstrom.com in August of 1999. On August 23, Stitch Fix announced that it had shipped its 100,000th Fix , and today the company announced that it has grown 500% since its last financing round this past February.

eCommerce 62

eCommerce Technical Review North America San Francisco 62

Pascal's View

SEPTEMBER 5, 2010

Renmin University was among the first universities to create a venture capital major in the School of Finance and teach venture capital for undergraduates. Mannie and I share a strong interest in research in the field of venture capital and private equity. In October 2010, our new textbook will become available.

Venture Capital 44

Venture Capital China Technical Review Due Diligence 44

finance.fortune.cnn.com

AUGUST 21, 2012

Term Sheet The latest on private equity, M&A, deals and movements — from Wall Street to Silicon Valley. The information is based on part of a confidential year-end 2011 investment report distributed to investors in a fund-of-funds that made commitments between 1999 and 2001. Accel Partners VII (1999): 89% (74%).

Naming 49

Naming Term Sheet Private Equity Equity 49

The Equity Kicker

JANUARY 27, 2014

Comparing this with the chart below from the 1999 bubble and two things stand out. I haven’t seen 2013 data for the UK yet, but in the middle of Q4 corporate finance boutique Ascendant were projecting we would see c$1.3bn over the year. The data CBInsights just published on the volume of venture investment bears this out.

Silicon Valley 110

Silicon Valley New York Venture Capital Acquisition 110

VC Cafe

JUNE 4, 2012

Founded in 1999, AeroScout’s products are used in hospitals to track patients and blood products, such as organs; to manage and monitor equipment in universities; and to keep tabs on products throughout the manufacturing process. The bank is offering to finance mid-sized and large projects of up to 50 MW. Burrill already manages $1.5

San Francisco 90

San Francisco New Jersey Private Equity 90

Professor VC

DECEMBER 8, 2015

Musk was the early winner taking the CEO role (for a brief period) in the merged company and the largest equity stake as well. I originally got to thinking about this when I received a 485 page information statement on a previously announced merger between Clean Power Finance and Kilowatt Financial. Hope that changes in 2016.

Merger 28

Merger LP IPO Redemption 28

Austin Startup

JULY 23, 2010

Having been founded in 1999, Zilliant is hard to categorize as a startup anymore. The company announced that is just completed $13M in financing from existing investors SMH Private Equity Group, ABS Ventures, Austin Ventures, and Trellis Partners. Most people don’t really think of pricing as an elastic thing.

Balance Sheet 67

Balance Sheet Private Equity LP IPO 67

David Teten

JANUARY 10, 2012

Fralic was also one of the early employees and VP of Business Development at Half.com starting in 1999, and after the eBay acquisition, spent six years with eBay in a variety of entertainment, business development, and media roles. Mr. Fralic earned his BS in Finance from Villanova University and his MBA from St.

Portfolio 122

Portfolio New York Social Bookmarking Philadelphia 122

The Equity Kicker

SEPTEMBER 26, 2012

In an anomalous, parallel development, the 1999-2000 bubble spawned local funds who were able to support these companies to a point, and to introduce them to their Californian counterparts. Sometimes the companies simply struggle and grow as best they can with inadequate financing.

Silicon Valley 97

Silicon Valley Cost Startup Boston 97

abovethecrowd.com

JUNE 2, 2021

It is important to note that using the one-day gains of “hot IPOs” to either attract new customers or wildly please the ones you already have is not a new concept.

IPO 82

IPO Customer Matching Silicon Valley 82

Hearpreneur

JANUARY 7, 2017

For nearly 15 years I had analytical, numbers-driven jobs in finance and banking, working for some of the world’s largest banks. I was intrigued when digital photography started taking off, but I didn’t buy my first digital camera until 1999, when my daughter was born. Thanks to Ostap Bosak, Royal Fur ! #17

Entrepreneur 91

Entrepreneur LLC Cofounder Green 91

Pascal's View

AUGUST 21, 2011

Capital Markets Advisory Partners cleaves the demand for pre-public VC-backed equities into two worlds: “Demand Pull (Buzz) and Supply Push (No Buzz) companies. For me Bubble will always be inexorably linked to what went down in 1999 and 2000 in the internet sector. It is intentional. tech sector have more than doubled since 2007.

Valuation 50

Valuation Social Media Media IPO 50

Hearpreneur

OCTOBER 30, 2015

In January of 1999, I co-founded a marketing agency with a former boss. I was proud of my performance and our rocket ship trajectory, but internal politics and personalities led to a division between the owner, me and a third equity partner. Thanks to Stacey Price, Healthy Business Finances. #27 . #3 – I was Fired Twice.

Entrepreneur 48

Entrepreneur Australia Software Review LLC 48

SoCal CTO

JANUARY 5, 2011

Both Sides of the Table , July 22, 2010 An updated Digital Trends presentation - Jeff Hilimire , June 2, 2010 I do what I hate - Jessica Mah , January 7, 2010 Startup Equity Allocation - charliecrystle.com , January 11, 2010 When good investment decisions end up backing more women CEOs: Conversation with Cameron Lester at Azure Capital.

Silicon Valley 378

Silicon Valley Startup Term Sheet Venture Capital 378