article thumbnail

Praying to the God of Valuation

Both Sides of the Table

Something happened in the past 7 years in the startup and venture capital world that I hadn’t experienced since the late 90’s — we all began praying to the God of Valuation. And then in the late 90’s money crept in, swept in to town by public markets, instant wealth and an absurd sky-rocketing of valuations based on no reasonable metrics.

Valuation 466
article thumbnail

8 Tactics To Make You A Fearless Business Innovator

Startup Professionals Musings

Every business owner and entrepreneur I meet in my consulting rounds dreams of finding that “ disruptive ” innovation that will supercharge their business and move it into the ranks of business unicorns (billion-dollar valuations), such as SpaceX and Apple. Define realistic metrics to keep track of progress.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Spectacles and $SNAP’s $20B Valuation

Austin Startup

In order to achieve 20x growth, Snap needs grow both of those metrics 4–5x. In summary: Snap’s current business doesn’t justify a $20B valuation. How can one justify a $20B valuation for Snap? The product that could most likely justify Snap’s $20B valuation is Spectacles. Global smartphone revenue is about $420B.

article thumbnail

ESADE Business School Commencement Speech

Steve Blank

Your time at ESADE has trained you to become a global business leader. Just look at the disruptive challenges that businesses face today– globalization, China as a manufacturer, China as a consumer, the Internet, and a steady stream of new startups. Look at the valuations of companies like Tesla, Illumina, and Twitter.

article thumbnail

The Changing Venture Landscape

Both Sides of the Table

We have global opportunities from these trends but of course also big challenges. I’m over-paying for every check I write into the VC ecosystem and valuations are being pushed up to absurd levels and many of these valuations and companies won’t hold in the long term. even before the pandemic itself has been fully tamed.

article thumbnail

Looking Back On Tech, Startups, And VC In 2018

Haystack

Technology is, like water, flowing and seeping into nearly every sector and eventually into most of the global economy. Also during this time, the underlying metrics in that business can change positively, potentially trapping companies to accept the initially-agreed upon valuation. 4/ Global Trade Wars Are For Real.

article thumbnail

Make The Most Of Your Next VC Pitch By Doing These 10 Things

YoungUpstarts

The market for our product was global, and we had unique advantages in terms of our product and how we distributed it to customers. You’ll certainly want to be clear about your unique differentiators, but VCs also want to see numbers and metrics, along with well-thought-out plans for how you’ll meet those metrics.