Remove Distribution Remove IRR Remove Metrics Remove Operations
article thumbnail

ESADE Business School Commencement Speech

Steve Blank

In fact, it was only 7 years ago that Apple shipped its first iPhone and Google introduced its Android operating system. Metrics like Return on Net Assets, Return on Capital and Internal Rate of Return are the guiding stars of the board and CEO. But remember—in public companies financial metrics take precedence.

article thumbnail

Flexible VC, a New Model for Companies Targeting Profitability

David Teten

This structure allows for alignment on the front end, and real-time flexibility for performance metrics,” says Samira Salman , a family office investor and advisor. . Flexible VCs have created structures based on other company performance metrics than revenues, such as profits or founder salaries. Flexible VC 102: Variations.

article thumbnail

On the Road to Recap:

abovethecrowd.com

Anything that hints of a down round brings questions about the success metrics that have already been “booked.” Do you feel the need to raise more capital quickly before the prices erode further and bring down your IRR? Furthermore, an abundance of such write-downs could impede their ability to raise their next fund.

IPO 40