Remove Hiring Remove Initial Public Offering Remove Revenue Remove Technology
article thumbnail

Why Uber is The Revenge of the Founders

Steve Blank

. — Unremarked and unheralded, the balance of power between startup CEOs and their investors has radically changed: IPOs/M&A without a profit (or at times revenue) have become the norm. Technology cycles have become a treadmill, and for startups to survive they need to be on a continuous innovation cycle.

Founder 274
article thumbnail

The Next Bubble – Don’t Get Fooled Again

Steve Blank

A tech bubble is the rapid inflation in the valuation of public and private technology companies that exceeds their fundamental value by a large margin. Today, the signs of the new bubble are the Linked-In initial public offering (IPO), Facebook’s stratospheric valuation and the rapid rise of early-stage startup valuation.

Insiders

Sign Up for our Newsletter

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

article thumbnail

New Rules for the New Internet Bubble

Steve Blank

The signals are loud and clear : seed and late stage valuations are getting frothy and wacky, and hiring talent in Silicon Valley is the toughest it has been since the dot.com bubble. VC’s worked with entrepreneurs to build profitable and scalable businesses, with increasing revenue and consistent profitability – quarter after quarter.

Internet 335
article thumbnail

Startup Stock Options – Why A Good Deal Has Gone Bad

Steve Blank

Investors bet that by offering prospective hires a stake in the company’s future growth- with a visible time horizon of a payoff – employees would act more like owners and work harder– and that would align employee interests with the investor interests. That made sense. Who leads that process best?

article thumbnail

Startup Fairy Tales and Other Tall Tales That Venture Capitalists Tell

Growthink Blog

Through connections, or through a chance meeting at a networking or social event, an angel investor hears the entrepreneur's story, likes them and their technology, and on the spot, writes a check to provide the company with its first outside financing. And they hire very aggressive securities attorneys to represent their interests.

article thumbnail

The pioneers of Silicon Valley’s fast culture on how to grow quickly, not recklessly

Reid Hoffman

And from a financial perspective, any investor would be better off buying stock in Amazon than buying and share of a corner bookshop; if you invested $100 in Amazon’s 1997 initial public offering (IPO), those shares would have been worth about $120,000 in 2018. The second is a lack of operational scalability.

article thumbnail

Think Long To Succeed In The Immediate

YoungUpstarts

Continuously improve your company’s products and technologies by focusing on the few truly strategic core platforms. Hire smart, ambitious, get-it-done employees and lead them with emotionally intelligent innovation leadership skills. Develop and evolve your company’s product brands through your customer’s eyes.