article thumbnail

Praying to the God of Valuation

Both Sides of the Table

2001–2007: THE BUILDING YEARS The dot com bubble had burst. We had nascent revenues, ridiculous cost structures and unrealistic valuations. SEEING THINGS FROM THE VC SIDE OF THE TABLE While I was a VC in 2007 & 2008 those were dead years because the market again evaporated due the the Global Financial Crisis (GFC).

Valuation 466
article thumbnail

All The Questions You Wanted Answered about Bird Scooters and Their Recent $300 Million Funding

Both Sides of the Table

Until recently it was headquartered 2 blocks from our offices in Santa Monica so we literally saw it emerge under our feet and we proudly invested in the last 3 rounds of financing. I think it’s quite possible that Bird could be the fastest growing company to reach a billion dollars in run rate revenue. having raised $300 million?—?less

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Changing Structure of the VC Industry

Both Sides of the Table

2007 was the watershed year. The “big boom” in startup financing started around March 2009?—?more Public-company tech investors creates competition in late-stage financings and these investors can afford to be less price sensitive if they choose. Unprecedented revenue growth + companies staying private longer =.

article thumbnail

Cracking The Code: SaaS Multiples: Recovery or Bubble?

Cracking the Code

It would have been easy to explain the difference by changes in the 2010/2011 revenue growth projections but unfortunately that is not the case. revenues while large caps are trading at 6.4x. ► 2007. (10). Best Venture and Technology Podcasts for 2007. Yahoo Finance. Wednesday, February 23, 2011. Sarah Tavel.

article thumbnail

The Great VC Ice Age is Thawing (for now) – Part 1 of 3

Both Sides of the Table

Huge downturns have a real impact on the revenue line of start-ups and therefore the pressure on valuations. It helped me avoid chasing deals (and a house) in 2007/08 and it led to GRP’s fastest pace of investment in many years in the first three quarters of 2009 at a time when many others weren’t investing.

Burn Rate 263
article thumbnail

Mastering Governance, Risk and Compliance for Your Nonprofit Board

Board Effect

The Internal Revenue Service (IRS), the Better Business Bureau, Charity Navigator and other organizations are increasing their pressure on nonprofits to be more transparent and accountable. Nonprofit board oversight over finances and investments usually originates with a finance or investment committee.

article thumbnail

Why Startups Should Raise Money at the Top End of Normal

Both Sides of the Table

2007, 2011) and for the hottest of companies and in bad markets for fund raising (2003, 2008) prices test the bottom end of the range. That’s the deal you get when you’re raising in a good market for startup financing. million post-money valuation with no revenue. There is no such thing as a uniform price.