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. million spent directly on their IPO, in addition to underwriter fees of 5 to 7 percent of proceeds.

6 Reasons Smart Entrepreneurs Think Twice Before IPO

Startup Professionals Musings

For financial reasons alone, an IPO is a statistically rare phenomenon, happening just 275 times in 2014 , out of almost 500,000 startups. As an advisor and mentor to startups, I try to make sure entrepreneurs understand both the pros and cons of an IPO as an exit strategy.

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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. Do IPOs also necessitate an additional policy?

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Book: The Entrepreneur’s Roadmap – From Concept to IPO

Feld Thoughts

The NYSE recently published a book – The Entrepreneur’s Roadmap – From Concept to IPO that I’ve been involved in. The post Book: The Entrepreneur’s Roadmap – From Concept to IPO appeared first on Feld Thoughts. I wrote a chapter and made a number of introductions to the team working on the book that resulted in a number of other chapters. The book covers a variety of stages of company development, including: The Seed Stage: Starting a Company.

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Is Your Startup Ready For The Challenges Of An IPO?

Startup Professionals Musings

" Current IPO activity feedback seems to support their excitement. IPO market showed more activity than any other first quarter since 2000, with 64 companies raising $10.6 That is more than double the number of IPOs in the first quarter of 2013.

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Will Your Startup Get Venture Capital or IPO in 2013?

Startup Professionals Musings

Based on the final report for 2012 from Thomson Reuters and the National Venture Capital Association (NVCA), it may appear that IPOs are back as a viable startup exit strategy. billion from 49 listings, and represented the strongest annual period for IPOs since 2000.

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When A Startup Chooses IPO Most Founders Are Out

Startup Professionals Musings

Even though the Initial Public Offering (IPO) alternative for a successful startup seems to be coming back, it is relatively rare. IPOs in 2008, the market was up to a still trivial 128 in 2012 (compared to 675 in 1996). business entrepreneur exit founder IPO startup

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The Snap IPO Happened. What Next LA?

Both Sides of the Table

It is fitting that 2012 is the year that Snapchat really took off in Los Angeles and raised its first venture capital and began a five year ascent to becoming LA’s most recognizable startup company and largest IPO alongside LAs other great startup brands such as Riot Games and Tinder.

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Some IPO speculation

Startup Lessons Learned

Lessons Learned by Eric Ries Thursday, July 15, 2010 Some IPO speculation Inspired by Steve Blank’s post today about the “lost decade&# of IPO’s , I’d like to make some predictions. The fact that IPO’s are disappearing makes intuitive sense to me.

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Thoughts from Mulesoft and AppDynamics IPO Filings

BeyondVC

The post Thoughts from Mulesoft and AppDynamics IPO Filings appeared first on BeyondVC. Enterprise Software enterprise software ipoI finally had a chance to take a quick read of the respective S1 filings for AppDynamics and Mulesoft.

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10 Reasons Why IPO Is No Longer A Good Startup Exit

Startup Professionals Musings

Today the rate of startups going public (IPO – Initial Public Offering) is at an all-time low, and most entrepreneurs avoid this option like the plague, knowing the process is painful, and public company executives are seen as greedy sharks.

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European venture backed IPOs triple

The Equity Kicker

With IPOs like this European venture funds must be performing better, and that will bring more money into the market. These are two great charts! It has taken us a long time to get over the 1999/2000 bubble and build a sustainable ecosystem.

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Xeris Pharmaceuticals Files to Raise $75 Million in an IPO

SiliconHills

The post Xeris Pharmaceuticals Files to Raise $75 Million in an IPO appeared first on SiliconHills.

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

Gust

If the company was successful, this quickly led to an IPO – a very happy ending for the entrepreneur, the angels, and the venture capitalists. The two major differences in the exit environment in the past decade are (1) the disappearance of the IPO market and (2) the rapidly increasing size of the average VC fund. Larger VC rounds and the lack of early IPOs have also resulted in substantially longer pre-exit waiting periods for venture capitalists.

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IPO or M&A? Here’s exactly how large companies exit

VC Adventure

The graph below shows the trend of exits – IPO vs. M&A over the past handful of years (side note here that Foundry, like many firms, considers an IPO a financing event, not an exit in and of itself; although obviously it can be a path to an exit shortly thereafter).

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Second-Class Investor Citizens: Facebook’s IPO and Dual-Class Equity Structures

Gust

Dual-class voting structures are receiving a lot of attention these days along with intense publicity related to the Facebook IPO , following in the wake of other recent tech IPOs with a similar structure such as Zynga and LinkedIn.

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Startup To IPO: Is Your Company Ready To Go Public?

YFS Magazine

Finance Grow fast business growth hostile takeover investors ipo money raising capital selling stockGoing public is much more involved than the prestige of seeing your company name in lights on the NASDAQ or NYSE ticker. Such a momentous decisions has to come with a huge amount of forethought.

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Putting Twitter’s IPO in Perspective

Agile VC

Twitter’s IPO has garnered a ton of attention in the tech and popular press. So their revenue figures, pre IPO financing and ownership, and other info is all widely available. Growth IPOs Are Back.

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2011 May be the Year of the IPO for Social Media

Startup Professionals Musings

It has been at least a decade since going public via an Initial Public Offering (IPO) has been considered a credible exit strategy for startups. Usually a small company can sell about 20 percent of its stock in an IPO. Do you need the IPO for your acquisitions strategy?

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Facebook IPO repurcussions

Start Up Blog

The upcoming Facebook IPO is a very interesting scenario. There are a lot of facts and figures being thrown around, but from my point of view I’m interested in just a few of them and what they mean for tech entreprepreneurs: 100 Billion Valuation: If the IPO is successful the expected valuation is 33 times their current revenue. Which means there will be more startups being funded by the FB IPO gold rush.

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Upland Software Files IPO

Austin Startup

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

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Startup IPO Market: A Fickle Mistress ? AGILEVC

Agile VC

Startup IPO Market: A Fickle Mistress. The IPO market, she is a fickle mistress. In the first half of 2011, the IPO markets were looking strong for VC-backed companies. What will happen for the startup IPO market? How to Evaluate Firms for a Seed VC.

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The GM IPO: How about some innovation?

deal architect

Bill Hambrecht makes a persuasive case on CNBC for a Dutch Auction for the GM IPO. In my book, his bankers David Marcus and Jim Dohonue explain how it works and why it is usually better for the issuer –.

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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 But overall the IPO market in the U.S. IPO Market is Seeing a Slowdown in 2016 appeared first on SiliconHills. At times, I think it’s been dormant or hidden,” he said. September has been a great month.” is on track to have the […] The post The U.S.

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How Do I Feel About the Snap IPO Given I Didn’t Invest?

Both Sides of the Table

How Do I Feel About the Snap IPO Given I Didn’t Invest? Every tech or major news journal in the country is preparing to write their Snap, Inc (creators of Snapchat, Spectacles, etc) stories and many of them seem to want a “How does it feel to have missed this investment story.”

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Square IPO: Is Square A Good Payments Business?

Agile VC

Square filed its S-1 several weeks ago and is now in the middle of its IPO road show process. Anyone who’s familiar with the IPO process knows that companies state an “initial” range as they begin their road show.

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From idea to IPO in 12 months

The Next Web

Earlier this year, I released the book Progressive Partnerships – The Future of Business. The central tenant of the book was that we are moving away from competition and into a period of collaboration.

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IPO or M&A? Here’s exactly how large companies exit

VC Adventure

The graph below shows the trend of exits – IPO vs. M&A over the past handful of years (side note here that Foundry, like many firms, considers an IPO a financing event, not an exit in and of itself; although obviously it can be a path to an exit shortly thereafter).

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Investors Beware: Today’s $100M+ Late-stage Private Rounds Are Very Different from an IPO

abovethecrowd.com

Every successful technology company raises money throughout its lifecycle, perhaps starting with a seed investment and progressing through Series A, B, C, late-stage investments, and, for the most successful companies, an IPO. This was the recent case with the Box.com IPO.

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Twitter’s sensible IPO strategy

The Equity Kicker

This is good news because it implies they intend to keep the IPO price reasonable and allow investors to make good money as the stock appreciates in the weeks and months after the listing date. That way the next IPO will be easier and the one after that will be easier again. NOTE: I wrote the post below a couple of weeks back but failed to hit the publish button. That was before Twitter filed their S1 with a valuation of c$15bn.

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BVCA Report: The Global State of the IPO Market

VC Cafe

The latest Global Trends in Venture Capital report, compiled by the British Venture Capital Association (BVCA) and Deloitte, asks the question: “Is a an active IPO market in your home country essential for the success of the venture capital industry in that market?&#.

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Lessons from Facebook IPO that Startups Can Use

Life Beyond Code

The profound lessons that startups can learn from Facebook IPO. Tomorrow is the Facebook IPO and I am not expert enough to predict what is going to happen. Main Page facebook facebook IPO lessons startups Time ManagementWarning : This is blog post #1762 on this blog.

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Welcome to the Lost Decade (for Entrepreneurs, IPO’s and VC’s)

Steve Blank

The collapse of the IPO market and dysfunctional math in the venture capital community has stacked the odds against you. Startup lifecycle in an IPO Market. Netscape’s 1995 IPO changed the rules.

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Facebook IPO repurcussions

Start Up Blog

The upcoming Facebook IPO is a very interesting scenario. There are a lot of facts and figures being thrown around, but from my point of view I’m interested in just a few of them and what they mean for tech entreprepreneurs: 100 Billion Valuation: If the IPO is successful the expected valuation is 33 times their current revenue. Which means there will be more startups being funded by the FB IPO gold rush.

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Bazaarvoice Files for IPO

Austin Startup

In the “you knew this was coming&# category, Bazaarvoice filed for an Initial Public Offering (IPO) of it’s stock today. Enterprise Bazaarvoice IPOThe news is being covered by TechCrunch and The Statesman. The company is one of the fastest growing in Austin, going from 70 employees in April 2007 to over 600 today.

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Exits in Israel 2011: IPOs Pool is Dry, Buy M&A Activity up 134%

VC Cafe

In the last decade, Israeli high-tech companies raised approximately $15 billion from investors, compared to more than $37 billion received in M&A and IPO exits, according to the latest IVC report. M&As and IPOs of Israeli High-Tech Companies $b (2002-2011).

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Silicon Valley’s IPO Anxiety

abovethecrowd.com

Internet Uncategorized Venture Capital Web/Tech IPO Silicon Valley VC[Follow Me on Twitter] “Living in the limelight The universal dream For those who wish to seem. Those who wish to be Must put aside the alienation, Get on with the fascination…” — Limelight from Moving Pictures, Rush If you could travel back in time to the early 1990’s and ask Silicon Valley’s top entrepreneurs [.].

IPOs made 2013 a bumper year for exits

The Equity Kicker

Hot IPO markets were a key driver – 107 companies listed, the most since 2007. It looks like the IPO markets have closed so I would expect a swing back to M&A this year. VentureBeat just published a high level analysis of the US VC industry in 2013.

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Andreessen Horowitz: No bubble but rebalancing from IPO to late stage venture

The Equity Kicker

But second there has been a big shift from IPOs to late stage private rounds. Investors in these late stage rounds are traditionally public market investors who have moved to the private markets because companies are going public later and the returns are now pre-IPO.

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Facebook S-1: The Most Anticipated IPO in a Decade ? AGILEVC

Agile VC

Facebook S-1: The Most Anticipated IPO in a Decade. Here’s my first look at Facebook viewed through the lens of their IPO filing. Plus Facebook has ample cash on hand today and will get a huge slug more from the IPO. How to Evaluate Firms for a Seed VC.

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On the Square and Match IPOs and hopes for a correction

The Equity Kicker

Match.com and Square both enjoyed strong first days after their IPOs yesterday. However in the run up to its IPO Square had indicated it would go out at between $11 and $13 per share, and then ended up at $9, and in October last year Square raised $150m at a $6bn valuation.

Mattermark’s 2014 IPO List

Hunter Walker

Mattermark notes that this is a potential “IPO List” for ~2014. Mattermark is a startup focused on analyzing private companies. While most of their data is only available via subscription, they’ve got a free daily newsletter that’s worth signing up for – do that here. Today’s newsletter listed the 25 fastest growing companies who’ve raised >$80m in investment capital.

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Facebook IPO Lessons

Venture Chronicles

Like most people, I had the opportunity to review Facebook’s IPO filing yesterday and admit that, like Apple’s recent earnings announcement, this is pretty damn impressive. Entrepreneurship Facebook IPO Silicon Valley VCHere are a couple of lessons worth reinforcing: 1) People’s view of what is normal and acceptable in emergent online activities is constantly evolving.

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