thebarefootvc

JANUARY 27, 2014

Do I think we are in a valuation bubble? I think that later stage valuations are frothy (for reasons I explain below) while earlier stage valuations are starting to stabilize from previous highs (with the exception of the superstar serial entrepreneur) - turns out scaling in a sea of competition (both startup and entrenched) is not so easy.

Technical Review 63

Technical Review Valuation Venture Capital Investment Bankers 63

Startup Professionals Musings

JULY 22, 2020

Different types of investors tend to specialize in capitalizing on businesses at different stages. Venture capital firms look for the most mature companies they can find, Angel investors typically deal a tier lower, while friends and family are most likely to help you get started. Congratulations!

Angel Investor 370

Angel Investor Intellectual Property Investment Bankers Private Equity 370

The Equity Kicker

DECEMBER 6, 2013

Venturebeat reported yesterday that US startup valuations have reached ten year highs. You can see from the charts above that median valuations have been increasing at all stages from seed through to Series D or later. Venture Capital'

Valuation 162

Valuation Venture Capital Startup Europe 162

ReadWriteStart

JANUARY 29, 2023

According to Jungle Ventures, Southeast Asia’s technology startups had a combined valuation of $340 billion in 2020. Venture capital (VC) investment is the primary funding source for regional startups. The pandemic has significantly increased the demand for access to digital services. billion in 2018.

Asia 171

Asia Indonesia Silicon Valley Malaysia 171

The Next Web

SEPTEMBER 13, 2013

Many Asian entrepreneurs tell me that they want to raise funds from Silicon Valley firms because they perceive the valuations to be higher. The venture capital landscape in Asia is varied and complex, as most of the active firms on the continent are concentrated in just a few areas. This is driven both by supply and demand.

Asia 132

Asia Silicon Valley India Term Sheet 132

Startup Professionals Musings

AUGUST 19, 2018

Different types of investors tend to specialize in capitalizing on businesses at different stages. Venture capital firms look for the most mature companies they can find, Angel investors typically deal a tier lower, while friends and family are most likely to help you get started. Congratulations!

Angel Investor 184

Angel Investor Intellectual Property Investment Bankers Private Equity 184

Startup Professionals Musings

MAY 20, 2016

With the advent and growth of crowdfunding over the past few years, many entrepreneurs have predicted the demise of those demanding angel investment groups and venture capital organizations. Lack of checks and balances on startup valuations. Investors cannot verify accountability or governance.

Angel Groups 136

Angel Groups Accredited Investor Equity Due Diligence 136

Startup Professionals Musings

MARCH 20, 2013

Supply and demand ignored. We all believe that supply and demand meet to create stable prices (reflexive). But sometimes higher prices create higher demand, causing a boom. In startups, a great success like Google causes busts by stimulating more supply, without regard to demand. High valuation, low profit.

Demand 224

Demand Green Finance Government 224

Startup Professionals Musings

JULY 4, 2014

Different types of investors tend to specialize in capitalizing on businesses at different stages. Venture capital firms look for the most mature companies they can find, Angel investors typically deal a tier lower, while friends and family are most likely to help you get started. Congratulations!

Angel Investor 232

Angel Investor Intellectual Property Investment Bankers Private Equity 232

Steve Blank

JULY 15, 2010

If you take funding from a venture capital firm or angel investor and want to build a large, enduring company (rather than sell it to the highest bidder), this isn’t the decade to do it. The collapse of the IPO market and dysfunctional math in the venture capital community has stacked the odds against you. Here’s why.

Venture Capital 299

Venture Capital IPO Liquidity Event Entrepreneur 299

Startup Professionals Musings

MARCH 25, 2011

Supply and demand ignored. We all believe that supply and demand meet to create stable prices (reflexive). But sometimes higher prices create higher demand, causing a boom. In startups, a great success like Google causes busts by stimulating more supply, without regard to demand. High valuation, low profit.

Startup 225

Startup Demand Green Government 225

Startup Professionals Musings

AUGUST 13, 2016

Different types of investors tend to specialize in capitalizing on businesses at different stages. Venture capital firms look for the most mature companies they can find, Angel investors typically deal a tier lower, while friends and family are most likely to help you get started. Congratulations!

Matching 120

Matching Angel Investor Intellectual Property Investment Bankers 120

Startup Company Lawyer

MARCH 14, 2010

If you don’t, please educate yourself on this site, Venture Hacks and the term sheet series by Brad Feld/Jason Mendelson, among other places. If you really want to understand the nuances in venture capital financing documents, please review the NVCA model venture capital financing documents. . under $500K).

Finance 70

Finance Software Review Term Sheet Liquidation Preference 70

Berkonomics

MAY 15, 2014

Just a few of these terms include vesting, corporate structure, governance principles, financing strategy, valuation and exit strategy. Angel investing today is similar to where venture capital investing was in the mid-1980s. Very often, the initial opinions of the people around the table are radically different.

Term Sheet 91

Term Sheet Angel Groups Angel Investor Deal Structure 91

Cracking the Code

NOVEMBER 13, 2008

Fifteen CFOs participated - about half of them from Bessemer portfolio SaaS companies (Cornerstone On Demand, Intacct. It is time to fix your key SaaS metrics: P&L: MRR = MRE: you control your destiny when your monthly revenue equals your monthly expenses Sales & Marketing: Your cost of capital doubled, so if a CAC ratio > 0.5

Software Review 48

Software Review Technical Review Valuation Portfolio 48

thebarefootvc

DECEMBER 16, 2011

2011 was finally the year when the media spotlight shone on how under-represented women are in almost all power structures in business, government, technology and media – and how crucial it is that we leverage the leadership skill set that they bring to the table to tackle the problems facing the world today.

Technical Review 110

Technical Review India Mobile Hockey Stick 110

The Equity Kicker

JULY 8, 2019

When I started in venture capital in the late 1990s VCs were regularly lambasted for taking long summer holidays and spending too much time on the golf course. Most investors thought of their job as picking good companies and making sure governance was strong. Low handicaps weren’t good! more valuable than their peers. .

Portfolio 84

Portfolio LP Venture Capital Partner 84

Eric Friedman

AUGUST 18, 2021

I lovingly call him the curmudgeon of fintech – in this episode we go deep into how he is building a venture capital firm and practice, not just running a fund and how he views the world of fintech investing. One of the ones that really bothers me is how Venture Capitalists try and conflate what they do as being complicated.

Silicon Valley 88

Silicon Valley Venture Capital Cofounder Africa 88

VC Cafe

JANUARY 2, 2023

As Vintage Venture Partners put it in a recent presentation shared in Tel Aviv , 2022 started off well but fell of a cliff in the second half (the slides were shared on Twitter by Amitai Ziv from Tech 12 ). Israeli venture funding dropped 40% compared to 2021, from $28.7 Lower valuations , especially in later stage.

Valuation 158

Valuation Down Round Venture Capital 158

Pascal's View

AUGUST 22, 2009

”, written by Mark Veverka, asserting that “venture capitalists want to widen the playing field for the underwriters.” ” The story includes quotes from former National Venture Capital Association (NVCA) chairman Dixon Doll of DCM and investment banker Paul Deninger, who is the vice-chairman of Jefferies & Co.

IPO 40

IPO Merger Institutional Investors Venture Capital 40

abovethecrowd.com

APRIL 20, 2016

In February of last year, Fortune magazine writers Erin Griffith and Dan Primack declared 2015 “ The Age of the Unicorns ” noting — “Fortune counts more than 80 startups that have been valued at $1 billion or more by venture capitalists.” As a result, most firms have independent internal groups that periodically analyze valuations.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

www.paulgraham.com

APRIL 28, 2010

A lawyer I asked about it said: When the company goes public, the SEC will carefully study all prior issuances of stock by the company and demand that it take immediate action to cure any past violations of securities laws. Another concept we need to introduce now is valuation. Startups valuations aresupposed to rise over time.

Technical Review 76

Technical Review Startup Software Review Angel Investor 76

This is going to be BIG.

NOVEMBER 12, 2014

One of the underlying dynamics I see in the venture capital, tech, and startup world--and where some of its worst behavior comes from--relates to underlying assumptions about power and influence. Like, that''s literally all he wrote--just demanded my time. Venture Capital & Technology' Dude, really?

Venture Capital 136

Venture Capital Valuation Government Founder 136

Pascal's View

MARCH 9, 2010

This is the second in our series of ten frequently asked questions from investors in venture capital partnerships. To address the broader point about accuracy in book valuation, I am concerned that the developing industry standard for venture capital is at risk of going too far while providing no real benefit to investors.

Government 31

Government Private Equity Institutional Investors Venture Capital 31

Cracking the Code

JULY 15, 2020

As a consequence, SaaS public multiples and private company valuations are at an all time high, and the pace of cloud innovation is accelerating. At the same time, the government adapted the legislative framework to make sure patients would be fully reimbursed. at the time of this post.

Europe 71

Europe Cloud Valuation 71

Cracking the Code

OCTOBER 10, 2008

Only after reaching $1M in CMRR should you consider hiring European sales and services execs behind customer demand. Be prepared to cross the desert - SaaS requires R&D and sales expense up front for a multi-year stream of revenue, so it demands enough investment capital to fund 4+ years of runway. Philippe Botteri.

Software Review 48

Software Review North America Europe Metrics 48

Both Sides of the Table

AUGUST 30, 2010

And when you further strip out any employment created by government stimulus that is uncertain to continue going forward we know that the country is not creating enough jobs. Government programs led to the law of “unintended consequences”: Our housing slump now is continuing well beyond where many people had hoped it would be by now.

Entrepreneur 298

Entrepreneur Technical Review Balance Sheet Government 298

Up and Running

MARCH 29, 2017

See Also: What Do Venture Capital Firms Want? I was looking for wisdom to help make the decision, and found a gem in a lecture from my venture capital professor at HBS. See Also: Demand Validation: How to Find Out If Customers Want to Buy Your Product. See Also: 17 Venture Capital Blogs You Should Be Reading.

Term Sheet 60

Term Sheet Venture Capital Liquidation Preference Valuation 60

abovethecrowd.com

JUNE 2, 2021

On the demand side, the IPO process is limited to a handful of institutional investors and also ignores the vast majority of retail investors. Investment banks simply do not match supply and demand. When I share this, reporters often ask me, “why is management so gullible to sit there and listen to a demand imbalance goal of 30x-50x?”.

IPO 82

IPO Customer Matching Silicon Valley 82

Both Sides of the Table

SEPTEMBER 17, 2017

If you read the headlines or talk with zealous friends you may well think cryptocurrencies are either our savior from bureaucratic, ossified governments or are purely speculative Ponzi schemes. More Stable Currency for Some Citizens of the World Some people don’t trust their governments with a national currency.

Government 280

Government Distribution Stock United States 280

Steve Blank

DECEMBER 3, 2020

I think it would be a mistake to subordinate our security issues, particularly those with China to the demands of cooperating with him on environmental issues. It would be the biggest investment from the federal government in research and development since the end of the Cold War, and a lot of that would be in clean energy technology.

Technical Review 244

Technical Review Technology China Taiwan 244