The Top 5 Stock Exchanges According to a 2020 Study

The Startup Magazine

For startups and entrepreneurs, awareness of the stock exchanges will help prepare you for a potential public financing of your company through an initial public offering, known as an IPO.

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An Entrepreneur’s Guide to Funding the Business

The Startup Magazine

Venture capitalists aim to see the company go all the way to an initial public offering so they can sell their shares for a large profit. Local banks offer small business loans, and these are popular options.

Insuring Directors And Officers Through M&A And IPO Events

YoungUpstarts

Corporate transactions including mergers and acquisitions (M&A) and initial public offerings (IPO) bring necessary capital and resources to a growing company. The greatest liability for D&Os during an IPO comes from the prospectus document that discloses the company’s risks and financials to the public. Professionalisms business liability initial public offering IPO Jeff Van Gulick legal advice legal issues M&A mergers & acquisitions

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Please respect outstanding entrepreneurial achievements

Version One Ventures

Blue Apron went public today. Zulily suffered from a similar negative narrative: when it got sold to QVC for $2.4b, some people called the exit disappointing given that the company was once valued at over $7b in the public markets. News Blue Apron Initial public offering IPO ZulilyIt was not the easiest road for them as they had to cut the originally proposed price range of $15-17 to $10 and closed the first day just around that at $10.01.

Is Your Startup Ready For The Challenges Of An IPO?

Startup Professionals Musings

With the recent apparent successes of several startups in taking their company public (initial public offering) and raising billions of dollars, I’m hearing a groundswell of enthusiasm from new entrepreneurs to follow in their footsteps to fund their companies and become billionaires overnight. There are real ongoing costs of maintaining a public company. PwC estimates that public companies incur an average of $1.5

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How we determine valuations for marketplaces

Version One Ventures

Bessemer offers a good overview of current valuations for different business models: SaaS, marketplaces, consumer, and ecommerce. News eBay Etsy gross merchandise value Gross merchandise volume Initial public offering marketplaces Online marketplace ValuationsI often get asked about how to determine the valuation for a marketplace startup that is starting to scale. So I’ll run through some basic math for how we value marketplaces at version one.

Rusty Tweed Explains How to Structure a Business

The Startup Magazine

The reason why it is the best business structure for people who need a lot of capital is that it offers an “Initial Public Offering” where outsiders can give money by purchasing stocks. Entrepreneurship Legal insight Corporation incorporation initial public offering liability limited liability company LLC member Partnership Rusty Tweed Sole proprietorship

Go Big or Go Home: It’s a binary outcome for marketplace start-ups

Version One Ventures

But, marketplaces can face a binary outcome at the other end too: either you scale your marketplace into a large, stand-alone company that can go public, or you find yourself with few other exit options. News Amazon.com eBay Etsy Exit Initial public offering Marketplace marketplaces StubHubIt’s typically a binary outcome for marketplace start-ups at the beginning: either you figure out the chicken-and-egg problem or you don’t.

Comparing Two SaaS Models: Hubspot and Moz

Version One Ventures

Since investors (whether private or public) like to see growth, Hubspot’s story is more impressive from that standpoint. News Hubspot Initial public offering IPO Moz Software as a service Unbounce Rick Perreault of my portfolio company Unbounce recently called my attention to an interesting comparison between two SaaS models: Hubspot & Moz – A Tale of Two (Very Different) SaaS Business Models.

Comparing Two SaaS Models: Hubspot and Moz

Version One Ventures

Since investors (whether private or public) like to see growth, Hubspot’s story is more impressive from that standpoint. News Hubspot Initial public offering IPO Moz Software as a service Unbounce Rick Perreault of my portfolio company Unbounce recently called my attention to an interesting comparison between two SaaS models: Hubspot & Moz – A Tale of Two (Very Different) SaaS Business Models.

Bazaarvoice Stock Opens Trading Today

Austin Startup

It’s the first Austin tech company to go public this year, with the most recent Austin tech IPO being HomeAway. The company initially looked an a $8 – $10 price for the stock, but it priced last night at $12 with initial trading this morning at around $16. Enterprise austin Bazaarvoice Initial public offeringAfter filing their registration statement in August, Bazaarvoice began trading on the NASDAQ today.

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IPOs, M&As, Liquidity, & You. (the entrepreneur)

Gust

SOX and radically higher NASDAQ fees have limited those new ventures going public to much more mature and highly visible companies. As you may know, startups can go public on active foreign exchanges – such as Toronto’s TSXV and the London AIM market – but there’s a catch. The TSXV and the AIM markets are thinly traded and can provide only limited liquidity for investors, which is one of two main reasons for startups to offer an IPO (the other is to raise capital).

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Limiting the Number of Shareholders in Private Companies

Gust

The assumption has been that companies with 500 investors are quasi-public anyway, and for disclosure and other reasons should be forced to go public when the shareholder number approaches this limit. This shareholder limitation has made it difficult for companies like Facebook to stay private, even if the shareholders and management team were not inclined to go public. The U.S.

Entrepreneurs: Due Diligence on Investors is Smart

Gust

Invested Interests advisors angel investment angel investors board board of advisors due diligence entrepreneurs entrepreneurship equity exit strategy fundraising initial public offering shareholders startups terms venture capitalDue diligence should always be a two-way street. A while back, I published an article on “ Startup Due Diligence Is Not a Mysterious Black Art ,” describing what investors do to validate your startup before they invest.

A long time ago in an economy far, far away.

Gust

Their miniscule floats are tightly managed to artificially inflate the offering price and maintain it briefly; then, a slow (or sometimes fast) descent to earth begins. Make no mistake: even if Facebook goes out near its absurd $100 billion target, the odd exception cannot possibly justify a rationale expectation that your new startup will eventually make its way public. Listen my children and you shall hear. Of IPO dreams once held so dear.

Update on America’s Slipping Global Competitiveness– Implications for Intellectual Property Development of Senate Bill 515

Pascal's View

Some excerpts follow, and you can download the entire speech and slides by clicking at the bottom of this post: “The absence of cohesion in American public policy can be seen in many areas—with cybersecurity coming immediately to mind. A patent holder can no longer offer his/her patents for license without putting himself/herself at risk of litigation that he/she may not be able to afford.

Barron’s Article on Tech IPO’s Misses the Importance of the Extinct Sub-$50 million IPO

Pascal's View

Such market power allows bankers to shapes the profile of those companies worthy of going public to favor the natural demand from their largest clients: short-term trading focused hedge funds and large institutional investors that demand highly liquid public securities. The collateral effect of this market reality is that the vast majority of emerging VC-backed companies are effectively barred from going public.

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VC Governance FAQ: (2) Especially now, when transparency is so important, why is limited financial information available from a private company?

Pascal's View

To conclude on this question, I’d like to emphasize that, in my view, for early stage companies with little or no revenue, valuation models driven by public equity or option inspired equity models simply make no sense. This is the second in our series of ten frequently asked questions from investors in venture capital partnerships.

Xeris Pharmaceuticals Files to Raise $75 Million in an IPO

SiliconHills

Xeris Pharmaceuticals, founded in 2005 in Austin, filed on Thursday with the Securities and Exchange Commission to go public on the Nasdaq Stock Exchange with an initial public offering valued at $75 million. The company, now based in Chicago, has strong ties to the Austin startup community. Xeris has raised $202 million to date in […]. The post Xeris Pharmaceuticals Files to Raise $75 Million in an IPO appeared first on SiliconHills. Austin

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Where Have All the IPOs Gone?

Ben's Blog

Where has the initial public offering (IPO) gone? That’s a question the capital markets have been asking for some time, and is a leading concern of the Securities and Exchange Commission (SEC), too. But this question matters beyond those interested … policy IPOs

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The U.S. IPO Market is Seeing a Slowdown in 2016

SiliconHills

The good news is there is an Initial Public Offering or IPO market, said Daniel Klausner, managing director of PricewaterhouseCoopers based in New York. “At At times, I think it’s been dormant or hidden,” he said. September has been a great month.” But overall the IPO market in the U.S. is on track to have the […] The post The U.S. IPO Market is Seeing a Slowdown in 2016 appeared first on SiliconHills. Austin

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Dell Technologies Considers a Public Offering or Merger with VMware

SiliconHills

Today, Dell Technologies filed papers with the Securities and Exchange Commission disclosing that the company’s board is considering taking the company public again with an initial public offering or by merging with VMWare. The post Dell Technologies Considers a Public Offering or Merger with VMware appeared first on SiliconHills. In 2013, Dell went private in a $24 billion buyout deal backed by Silver Lake and Michael Dell.

SailPoint Files to Raise $100 Million in a Public Offering

SiliconHills

SailPoint Technologies, founded in 2005, filed papers with federal regulators on Friday to raise $100 million in an initial public offering. The company plans to use the proceeds of its offering to expand operations and add additional customers. […]. The post SailPoint Files to Raise $100 Million in a Public Offering appeared first on SiliconHills.

The Average Startup Overnight Success Takes Six Years

Startup Professionals Musings

Even still, it was another five years before Microsoft went public in 1986, making him an overnight success worth $350 million. had its initial public offering, raising $33.8 But add another five years, and Google had made it, going public in 2004 with a market capitalization of $23B. Amazon.com - Jeff Bezos founded Amazon.com in 1994 and took it public three years later, making him a multibillionaire.

5 Startup Stages And The Right Investors For Each One

Startup Professionals Musings

The new investors you need at this stage are investment bankers, private equity, or competitors, to buy you out via merger or acquisition (M&A), or to go public with an Initial Public Offering (IPO). Time is too precious to waste trying to close a deal with the wrong investors at the wrong time. Luckily, not all investors are looking for the same thing, so it pays to know what type of investors are most interested in what your startup brings to the table.

6 Reasons Smart Entrepreneurs Think Twice Before IPO

Startup Professionals Musings

The visibility of Google, Facebook and a few others continues to propagate the myth that the ultimate objective of every entrepreneur should be to take their startups public via an initial public offering at the earliest opportunity. As a public company executive, your management style, and even your personal life, is subject to extensive scrutiny by stock analysts and stockholders. All strategy and operational moves become public.

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Austin-based Aeglea BioTherapeutics Goes Public and Raises $50 Million

SiliconHills

Aeglea BioTherapeutics went public on the NASDAQ Stock Market Thursday at $10 a share with an Initial Public Offering bringing in $50 million. a share. […] The post Austin-based Aeglea BioTherapeutics Goes Public and Raises $50 Million appeared first on SiliconHills.

7 Costs To Consider Before Taking Your Startup Public

Startup Professionals Musings

Despite the fact that the number of IPOs (Initial Public Offerings) for startups have continued to stay low, I still hear it touted often as the preferred exit strategy. These include the following: Taking a company public is an expensive process. There are real ongoing costs of maintaining a public company. PwC estimates that public companies incur an average of $1.5 million in annual recurring costs as a result of being public.

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10 Positive Signs For Starting Your Own Business Now

Startup Professionals Musings

Initial Public Offerings (IPO) are back as an exit strategy. Statistica reports that almost 20 percent more companies went public in 2018 versus 2017.

RetailMeNot Files its IPO Worth An Estimated $230 million

SiliconHills

RetailMeNot has filed a registration statement with federal regulators for an initial public offering worth an estimated $230 million. The Austin-based online coupon site, formerly Whale Shark Media, has applied to have its stock listed on the Nasdaq market under the ticket symbol “SALE.” ” The company also reports that it is “an “emerging growth company” [.]

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6 Considerations For Going Public Via Reverse Merger

Startup Professionals Musings

Thus I’m getting more questions on new mechanisms, like crowd funding, or going public through the side door as a reverse merger. Being a public company isn’t cheap or easy. That still requires a business team and story that continually motivates stock brokers and public stockholders.

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Mirna Therapeutics is Austin’s Newest Public Company

SiliconHills

Mirna Therapeutics became Austin’s newest publicly traded company last week. Securities Exchange Commission to offer 6.2 million shares at $7 a share to raise $44 million during its initial public offering last Thursday. […] The post Mirna Therapeutics is Austin’s Newest Public Company appeared first on SiliconHills.

What the Future of Startup Funding Will Look Like

ReadWriteStart

If and when a startup gets big enough, it can pursue an initial public offering (IPO) to get listed on the stock market, and raise funds publicly. As tech enthusiasts, we’re constantly looking to the next wave of tech startups likely to change the world.

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Upland Software Files IPO

Austin Startup

will soon join the rarefied air of Austin-based public companies. Securities and Exchange Commission for a proposed initial public offering of its common stock in an effort to raise $50M in capital. Upland Software, Inc. The company announced that it has filed a registration statement on Form S-1 with the U.S. It was founded by Jack McDonald, former CEO of Perficient, and Chairman of the Greater Austin Chamber of Commerce. Enterprise IPO upland

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Austin-Based Upland Software Files to Go Public

SiliconHills

Upland Software filed a registration statement with the Securities and Exchange Commission Friday for an Initial Public Offering. The Austin-based company plans to raise up to $50 million, but it has not yet determined the price range for its stock or the number of shares it plans to offer for sell. It plans to list […] The post Austin-Based Upland Software Files to Go Public appeared first on SiliconHills.

Congrats Zuck!

Scott Edward Walker

This week, in celebration of Facebook’s initial public offering tomorrow, we again present Mark Zuckerberg , an amazing, inspirational entrepreneur. Helping Entrepreneurs Succeed entrepreneurs helping entrepreneurs helping entrepreneurs succeed investor Mark Zuckerberg public offering ZuckTo Our Clients & Friends: Welcome to our weekly series “ Helping Entrepreneurs Succeed.”

10 Keys To Making Money By Investing In Entrepreneurs

Startup Professionals Musings

It’s an opportunity for that “big bang” return of 10X to 100 times your initial investment, like early investors in Google, Microsoft, and Apple. The growth target should be 5-10 times your initial investment in five years. This is the second tier of startup investors, and offers the comfort of working with more experienced investors with similar interests, to help gather and vet startup investment proposals.

How To Find Money Based On Your New Venture Progress

Startup Professionals Musings

The new investors you need at this stage are investment bankers, private equity, or competitors, to buy you out via merger or acquisition (M&A), or to go public with an Initial Public Offering (IPO).

10 Realities Today Cause Startups To Bypass An IPO

Startup Professionals Musings

In the old days, every entrepreneur dreamed of easily taking their startup public, and making it big. Today the rate of startups going public (IPO – Initial Public Offering) is up from the dead zone, but is still half the rate back before 2000. Smart entrepreneurs are just now starting to look at this option again, due to its unpredictability and the challenges of running a public company. Going public is an expensive process.

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Can You Beat Amazon In The Race To Overnight Success?

Startup Professionals Musings

Even still, it was another five years before Microsoft went public in 1986, making him an overnight success worth $350 million. had its initial public offering, raising $33.8 But add another five years, and Google had made it, going public in 2004 with a market capitalization of $23B. Amazon.com - Jeff Bezos founded Amazon.com in 1994 and took it public three years later, making him a multibillionaire.

7 Reasons To Reconsider A Planned IPO Exit Strategy

Startup Professionals Musings

Despite the fact that the number of IPOs (Initial Public Offerings) for startups have continued to stay low, I still hear it touted often as the preferred exit strategy. These include the following: Taking a company public is an expensive process.

Guess How Long Overnight Success Really Takes

Startup Professionals Musings

Even still, it was another five years before Microsoft went public in 1986, making him an overnight success worth $350 million. had its initial public offering, raising $33.8 Every startup founder knows implicitly that startup success is a long hard road.

How Long Should It Take For a Startup to Succeed?

Startup Professionals Musings

Even still, it was another five years before Microsoft went public in 1986, making him an overnight success worth $350 million. had its initial public offering, raising $33.8 But add another five years, and Google had made it, going public in 2004 with a market capitalization of $23B. Amazon.com - Jeff Bezos founded Amazon.com in 1994 and took it public three years later, making him a multibillionaire.