Both Sides of the Table

DECEMBER 11, 2022

We had nascent revenues, ridiculous cost structures and unrealistic valuations. Starting in 2009 I began writing checks consistently, year-in and year-out. Within 5 years I was on the board of real businesses with meaningful revenue, strong balance sheets, no debt and on the path to a few interesting exits. Until we weren’t.

Valuation 466

Valuation San Francisco Ratchet Liquidation Preference 466

A Smart Bear: Startups and Marketing for Geeks

JANUARY 4, 2018

Late last year we passed $100M in annual recurring revenue. That revenue is in on 75,000 customers, earned through the hard work of 500 employees across six offices on three continents. This week we closed $250M in financing from Silver Lake , the premier technology private equity firm.

Engineer 152

Engineer Revenue San Francisco Security 152

VC Cafe

JANUARY 10, 2011

V iola Private Equity , an Israeli PE fund with $164 million under management for technology buyouts, has announced a $7 million investment in Zend , the leading provider of open-source and commercial solutions based on PHP web applications.

Private Equity 87

Private Equity Equity PHP 87

Both Sides of the Table

SEPTEMBER 29, 2009

I would argue that the shut-down of September 2009 was equally severe yet there are signs that this “VC Ice Age” has begun to thaw. Huge downturns have a real impact on the revenue line of start-ups and therefore the pressure on valuations. They also make M&A activity more difficult and with lower outcomes.

Burn Rate 263

Burn Rate Valuation Pre-Money Valuation Private Equity 263

VC Cafe

NOVEMBER 3, 2010

rise in 2009, while investment in fixed assets is estimated to grow 6.2% drop in 2009. Upon closing the deal, Essilor will fully consolidate Shamir Optical while keeping the Israeli management team of Shamir Optical in place. In 2008, the company, which employs about 30,000 worldwide, reported revenues of $28.8

Bandwidth 79

Bandwidth Framework Forecast 79

Startup Lessons Learned

MAY 25, 2020

And then from there, I was running a fitness company on the west coast by the name of 24 Hour Fitness, which was private equity backed and quite a bit of debt. I think about this in customers and protecting your employees and customers, always protect your P&L, your revenue. So, how are you investing in being even better?

Technical Review 148

Technical Review Balance Sheet Texas Austin 148

Growthink Blog

FEBRUARY 8, 2010

Over $135 billion MORE was spent on healthcare in 2009 ($2.5 in 2009 was greater than the revenues of Microsoft, Cisco, Google, and Apple. HIT is comprised of BIG sectors: -- Practice Management Systems (PMS) - a $2.9 HIT is comprised of BIG sectors: -- Practice Management Systems (PMS) - a $2.9

Hockey Stick 72

Hockey Stick Private Equity Washington Government 72