article thumbnail

A Venture Capital History Perspective From Jack Tankersley

Feld Thoughts

. “By January 1984, investors had turned away from hardware toward software.” Exabyte, one of Colorado’s hottest deals, was formed in 1985; Connor Peripherals (fastest growing company in the history of technology manufacturing, four years to $1 billion in revenue) raised its first round in 1987. “By This isn’t true.

article thumbnail

Go early, go late, or go home

BeyondVC

Combine this relative value with the fact that many tech companies, particularly large software companies, derive 50-70% of their revenue from annual recurring maintenance and you have an opportunity to buy out many of these businesses due to their predictable cash flow. for a company then no public software company is sacred.

LBO 60
article thumbnail

When Does Zynga Become a Value Stock?

Agile VC

We also know lots of valid reasons why the company could be valued at far less than it once was including: Stalled Growth – revenue essentially flat over the last 4 quarters. Zynga’s trailing revenue is nearly $1.2B trailing revenue multiple. That much we all know. But at what point does Zynga become a value play?

Stock 160