article thumbnail

Entrepreneurs are Everywhere Show No. 25: Nigel and Vaughn Caldon and Kerry Frank

Steve Blank

Kerry Frank co-founded Comply365 in 2007 with her husband. We had to back-end our way into, figuring out, where is the business (model) in that? There’s almost $2 billion spent in North America on paying to play basketball. That’s really inspiring me to go after what’s already out there.

article thumbnail

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

Both Sides of the Table

You’ll see here that in 2007 people were willing to pay 7.7x forward revenue for SaaS businesses when in the years before it had been less than 5x. So inside rounds get delayed and when there are non-participants you often find “recaps” or “structure” or “pay-to-play” provisions.

Valuation 150