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When Entry Multiples Don’t Matter

Ben's Blog

When Salesforce went public in 2004 as a new kind of CRM provider, its S-1 indicated the CRM applications market was $7B. Ignoring dilution and balance sheet changes, Company Awesome would have made investors ~13x, while Company Good would only have returned ~2x. Not too shabby!

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Startup venture and alumni funds

VC Cafe

Now the company wants to allocate some capital off balance sheet to invest into specific startup ideas the CEO, Henry Ward, sees as strategically important. .” What can companies expect apart from funding: Carta Ventures (founded 2012) – Carta recently raised $300 million at a $1.7 “Mature” startup funds.

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After Facebook's IPO flub, value of tech startups falls back to earth

www.theverge.com

Excuse my French, it was a clusterfuck," Elevation Partners Roger McNamee told the audience as they nibbled their kale salads. "It’s There is an immense amount of capital on the balance sheet of big tech companies and not a lot of value to keeping cash," said Gurley. Notice the handwringing, the failure.

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