abovethecrowd.com

FEBRUARY 24, 2015

As another example, consider that most public marketplace companies, such as ebay or GrubHub, report revenues on a “net” basis rather than gross (approximately 80-90% of revenues go to supplier partners, so this is the proper conservative representation). If you want to know if the business model truly hunts, you must pay careful attention.

IPO 40

IPO Liquidation Preference Valuation Technical Review 40

Both Sides of the Table

JUNE 14, 2010

A doctor friend of mine told me a long time ago that the credo of surgeons is “heal with steel.&# Of course if your profession is to operate on people you quickly look at situations as those that can be treated with an operation. Then there is the opposite problem, which is me. I obviously have my own biases.

Liquidation Preference 343

Liquidation Preference Chicago Operations Partner 343

David Teten

AUGUST 21, 2019

Focus on lower-risk business models; no requirement for a ‘swing for the fences’ model. Borchers points out: “Only 50% of our investment activity involves technology-based businesses. But this is the same for a VC round with a liquidation preference. Paypal) or expensive technical R&D (e.g.,

Revenue 60

Revenue Liquidation Preference Equity Cofounder 60

Growthink Blog

MAY 23, 2011

Management has the wrong pedigree, is geographically undesirable, competes in the wrong industry, and/or has a business model that lacks "scalability credibility" with the venture community. By definition, companies that receive venture capital cannot fund their businesses from operations, and thus need to seek outside capital.

Angel Investor 112

Angel Investor Venture Capital Sweat Equity Cram Down 112