VC Adventure

AUGUST 15, 2018

It was a benefit to employees and a slight value transfer from equity holders to option holders (generally speaking in M&A transactions the value of the aggregate option exercise ends up allocated across the rest of the cap table). Over night a cottage industry was created to conduct these valuations.

Valuation 48

Valuation Common Stock Cap Table Software Review 48

David Teten

DECEMBER 3, 2019

Some notable metrics are revenue growth rates, free cashflow, leverage ratios, historical financing amounts, returns on marketing spend, customer acquisition costs, lifetime value of customers, customer churn rates, and team social scores. 645 Ventures released a cap table simulator to help level the playing field.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

abovethecrowd.com

JUNE 2, 2021

According to an interview with Elon Musk, this campaign cost Paypal about $60 million , which most Silicon Valley historians would consider money well spent. It would cost a tremendous amount of money to run such a program. Also, take a look at this critically important data point , also aggregated by Professor Jay Ritter.

IPO 82

IPO Customer Matching Silicon Valley 82

David Teten

SEPTEMBER 23, 2017

Advances in machine learning, specifically natural language processing, have made generating these baseline, aggregate datasets possible, at scale, with high accuracy. Sources like Crunchbase , Angel List , and Seed Invest even give this data away for free or very low cost. Most of our companies will need to raise further rounds.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

Startup Lessons Learned

JUNE 9, 2020

That meant of course initially raising money and cutting costs. We have to manage our stakeholders, raise money, diversify our business, and cut costs." Every single meeting I had I started with, we're here today because we have to manage the stakeholders, we have to raise money, we have to diversify our business and cut costs.

Silicon Valley 60

Silicon Valley Hosting Cofounder Employee 60

abovethecrowd.com

APRIL 20, 2016

Many have noted that the aggregate shareholder value created by all of the Unicorns will vastly overshadow the losses from the inevitable failed unicorns. You can no longer simply look at the cap table and estimate your return. If you over-fund the industry, aggregate returns fall.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40