The Sub $1bn Revenues IPO Act

A VC : Venture Capital and Technology

There's a bill in Congress to reduce the regulatory burdens for public companies that have less than $1bn in revenues and/or have been public for less than five years.    The name is too long so I call it the "sub $1bn IPO bill." Will Sarbanes-Oxley Changes Help The IPO Market? " This is a good bill. This undoes some of the bad stuff done to smaller public companies in Sarbox. It should become law. I hope it will.

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. You must subtract it from your top-line revenue.

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Trending Sources

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. Revenue Composition. Revenue Growth.

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Successful marketplaces evolve away from transaction revenue

The Equity Kicker

Hand crafted goods marketplace Etsy recently filed for IPO and Techcrunch has a great analysis of it’s S1. Startup marketplaces should take note and think about how they can build non-transactional revenues in the future.

Why Facebook Clearly Belongs in the 10X Revenue Club

abovethecrowd.com

Facebook Internet IPO Uncategorized Venture Capital Web/TechAttached are my thoughts on the Facebook S-1 along with some quick stabs at valuation. Brief disclosure, Benchmark Capital has a minority position in Facebook as a result of the acquisition of FriendFeed, a company that was incubated in our offices. I thought it would be useful to look at Facebook using the scorecard from our [.].

Why Hasn't NYC Produced Many Tech IPOs?

A VC : Venture Capital and Technology

He suggests that the lack of NYC tech IPOs compared to Boston is a result of: The IPO culture hasn’t fully permeated NYC?   Perhaps Boston CEOs, CFOs and boards feel more pressure to go public sooner and/or are comfortable with the IPO process because they community has done it so many times.    Perhaps the poor performance of the Facebook IPO soured Wall Street on the consumer sector and advertising-based business models? 

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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.

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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All Revenue is Not Created Equal: The Keys to the 10X Revenue Club

abovethecrowd.com

[Follow Me on Twitter] “ Don’t you know that you are a shooting star, And all the world will love you just as long, As long as you are.” – Paul Rodgers, Shooting Star With the IPO market now blown wide-open, and the media completely infatuated with frothy trades in the bubbly late stage private market, [.].

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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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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Box: Strong on Revenues (Weak on Profits) Files IPO

Inc Startups

The cloud-storage company has strong revenue growth, but no profits. In so doing, Box joins more than 60 smaller companies that have filed for secret IPOs in the past two years. Box''s revenue growth, however, has been strong.

What the Facebook IPO means: 10 things

This is going to be BIG.

3) It will get much harder for Facebook to recruit talent, since the promise of the pre-IPO stock pop is gone. 4) You'll likely see Facebook make a move to diversify revenue by breaking ground on a big new area. 1) Expect the angel and seed stage market to continue to stay hot.

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Groupon's IPO Missteps

Inc Startups

It's been a rocky road to going public for Groupon, which has faced scrutiny from investors, analysts, and the SEC leading up to its October 24 IPO road show. September 6: Amid a volatile stock market and growing scrutiny from the SEC, Groupon pulled its IPO off the shelf.

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Why Hasn’t NYC Produced More IPOs (While Boston Has)?

Seeing Both Sides

Over a year and a half ago, I did a two-part blog post on the East Coast IPO malaise – one focused on Boston (Massachusetts more broadly), another focused on New York. On the heels of the successful Kayak IPO, I thought I would do a retrospective look back.

The Day I Had To Wear Pants To Ring The IPO Bell

OnStartups

Earlier this year, HubSpot decided to publicly file our S1 document as part of the IPO process. On October 9th 2014, after our IPO roadshow, I had the thrill of joining a few HubSpotters and ringing the bell on the NYSE. It''s #TBT. It''s been a busy and exciting several months.

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Facebook shares upon IPO March 2012

Scalable Startup

Here’s the stock ownership of principals at Facebook at IPO time earlier this year, interesting to see Mark Zukerberg’s amount vs. others. Angel Investor Business Development CEO Succession early stage founder Revenue Growth Scalability startup CEO Tom Nora venture

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Twitter Files for Secret IPO

Inc Startups

Naturally, the news came by tweet: We’ve confidentially submitted an S-1 to the SEC for a planned IPO. Twitter, which has 200 million active users, must have less than $1 billion in revenue because that''s the cap imposed by the JOBS Act for companies wishing to file confidentially.

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Stitch Fix Files for IPO

Inc Startups

According to the filing, the company expects revenue of nearly $1 billion for 2017, and has been profitable since 2015. Going Public

Alibaba's Revenue Growth Surges Before IPO

Inc Startups

With what could be one of the largest IPO''s ever on the horizon, Alibaba''s revenue growth continued to climb rapidly last quarter

Taking Your Startup Public Is Fraught With Negatives

Startup Professionals Musings

Today the rate of startups going public (IPO – Initial Public Offering) is up from the dead zone, but is still less than half the rate of 15 years ago. According to a recent Ernst & Young global report , 2014 was a strong year with IPOs actually outperforming other indices by 10 percent.

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Unshackle the Middle Class

Marc Andreessen

From IPO, a single share of Microsoft stock has appreciated close to 500x. If you bought Facebook stock at its IPO, to realize a similar multiple that Microsoft’s public shareholders have earned, Facebook’s market cap would need to reach nearly $50 trillion, roughly the size of the total market capitalization of all publicly-traded companies in the world. The average age of the companies at the time of IPO was just under five years old.

The five roles of a startup CEO from founder to leading an IPO

The Equity Kicker

Builder - as revenues start to grow the CEO has to build a team and processes so sales can be repeated and the business can grow. It’s well understood now that at many of the best startups the founder remains at the helm until the company is very large – Facebook, Google, Microsoft and Oracle are four great examples. It’s also pretty well understood that founders have to be incredibly adaptive to stay effective as their companies scale.

Snapchat Enables Ad Targeting In Pursuit of Its IPO

Inc Startups

Advertisers can now use third party data to target user profiles on Snapchat, which will boost Snap's revenue in the buildup to going public

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. Both companies which have established and growing revenue streams.

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. Both companies which have established and growing revenue streams.

A Pinterest Investor Just Gave Us This Perspective on the Site's Pre-IPO Revenue

Inc Startups

Naturally I asked him about Pinterest, which everyone expects will file for a huge IPO in the coming months. That suggests Pinterest''s traffic is much more valuable--and that revenues will be much higher per user--than Facebook''s is, in some scenarios. Dixon couldn''t be drawn on a dollar amount for Pinterest''s revenues--they''re likely modest right now as the company has not yet launched its advertising application programming interface. (An

6 Challenges In Going Public Through The Backdoor

Startup Professionals Musings

A reverse merger is the acquisition of an already public company (usually a dormant shell) to avoid the Initial Public Offering (IPO) process and cost, to quickly get your startup on a public exchange for fund raising through visibility and selling stock.

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Smart Entrepreneurs Plan Ahead For A Startup Exit

Startup Professionals Musings

IPO – public company initial public stock offering. If you can convince investors that your startup will generate a solid revenue stream, and the market won’t go away any time soon, they may see an opportunity for an ever larger return. entrepreneur exit IPO lifestyle m&a startup

Drive your recurring revenues.

Berkonomics

I have a positive fetish for recurring revenue. In the virtual world, a much higher percentage of incremental revenue falls straight to the bottom line. With the right recurring revenue model, top line growth can really shoot the lights out.

10 Negatives That Still Make Going Public A High Risk

Startup Professionals Musings

Today the rate of startups going public (IPO – Initial Public Offering) is up from the dead zone, but is still half the rate of 15 years ago. According to a recent Ernst & Young global report , the first half of 2017 was the most active first half by global number of IPOs since 2007.

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21 Weird Things In Facebook's IPO Filing

Inc Startups

billion in 2011, saw yearly revenue growth of 88 percent, has 845 million users (about 12 percent of the world's population), blah, blah, blah. Now the JPMorgan side of the business, never a tech powerhouse, has snagged the number two slot co-managing the Facebook IPO. Private jets?

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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. Financial Snapshot : 2011 Revenue: $3.71 2011 YoY Revenue Growth: 88%. 2011 US Revenue = 56% of total, ROW = 44% of total.

Saudi Aramaco IPO Before Saudi Arabia Goes Bankrupt

Chaganomics

IPO: Saudi Aramco is valued at $2 trillion. MR. MILESI-FERRETTI: Well, clearly, Saudi Arabia relies on oil revenues for a very sizable fraction of its exports and its government revenues, and, hence, the impact of lower oil prices on the economy is very strong. With regard to the non-oil economy, Saudi Arabia is embarking on a very ambitious structural reform program, but also a very sizeable fiscal consolidation because of the decline in oil revenues.

How We Got Funded: Visual Revenue

Inc Startups

When bootstrapping didn''t cut it, the founders of Visual Revenue went out and raised $2.2 They didn''t have that luxury for their latest venture, Visual Revenue, which makes predictive analytics software for media companies.

Is A Reverse Merger The Way To Fund Your Startup?

Startup Professionals Musings

A reverse merger is the acquisition of an already public company (usually a dormant shell) to avoid the Initial Public Offering (IPO) process and cost, to quickly get your startup on a public exchange for fund raising through visibility and selling stock.

On the Road to Recap:

abovethecrowd.com

The pressures of lofty paper valuations, massive burn rates (and the subsequent need for more cash), and unprecedented low levels of IPOs and M&A, have created a complex and unique circumstance which many Unicorn CEOs and investors are ill-prepared to navigate. A high performing, high-growth SAAS company that may have been worth 10 or more times revenue was suddenly worth 4-7 times revenue. In 1999, record valuations coexisted with record IPOs and shareholder liquidity.

Fun Fact of The Week: Path to Revenues

Redeye VC

This week, I thought we'd take a look at the speed at which our companies generate revenue. and wanted to know how many of them generated at least $250K in revenue in the 18 month period post-investment. (I I was surprised to see how long it took those companies to generate revenue.

Twitter's IPO: What Marketers Need to Know

Inc Startups

Better grab a copy of the company''s S-1 IPO filing and read the fine print. Luckily, Twitter has filed for its IPO, which means a lot of financial information and other insight is suddenly public knowledge. Thinking of advertising on Twitter?

Getting to Know Alibaba and Its Giant IPO

Inc Startups

Alibaba, the Chinese ecommerce conglomerate, is planning to file its IPO papers this week. And following the IPO, Alibaba will rank fourth behind Apple, Google, and Microsoft, with an estimated value of $245 billion. For all its heft, though, Alibaba has annual revenues of less than $10 billion. The Chinese ecommerce conglomerate is expected to file its public offering papers in the U.S. this week--making it one of the largest tech companies in the world.