David Teten

DECEMBER 3, 2019

I walk through below how progressive investors are using technology and analytics throughout all of their operations. We are also seeing technology evaluation as an increasingly important part of LP operational due diligence. To learn more about this space, I suggest join an online community I co-founded, PEVCTech. . 7) Negotiate .

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

The Startup Magazine

JUNE 1, 2023

There are currently tons of “zombie” startups that have runway, but growth has slowed and they have valuations that they won’t be able to grow into. When we set-up our next business our first decision was to operate with a remote workforce. Everything is up and to the right but that doesn’t mean it’s time to let our guard down.

Early Stage 123

Early Stage Los Angeles Silicon Valley Cofounder 123

Berkonomics

JANUARY 3, 2013

In examining mature software companies in vertical markets, one of my first questions is to ask for the percentage of total revenues coming from recurring sources – leased software, maintenance agreements, or monthly retainers.

Revenue 79

Revenue Software Review Vertical Valuation 79

The Startup Magazine

SEPTEMBER 10, 2019

Asset valuation. The concept of asset valuation may seem counterintuitive, but it is an important idea. Most financial valuation formulas value an asset by discounting the asset using the cost of capital (interest rate) to the present day. But to build a scalable business you need more than just product-market fit.

Founder 120

Founder Valuation Dividend Startup 120

Version One Ventures

MAY 4, 2015

However, amidst all the fear and exuberance, it’s important to realize that the on-demand service model that has lifted Uber to its $40B valuation won’t work for every industry. While these ingredients certainly aren’t unique to hiring a ride, they do not cut across all industries and verticals.

Vertical 60

Vertical Demand Mobile Valuation 60

Hunter Walker

MAY 4, 2014

Not every company is raising money at the valuation you modeled. New VCs, especially those with an operating background, can see a company for what they want it to be rather than what it is. New VCs are vulnerable to fashionable verticals. And then a little thing called “reality” hits. Chasing Hot Markets.

Software Review 99

Software Review Vertical Seed Stage Portfolio 99

VC Cafe

APRIL 20, 2022

Six months ago I published a post on VC Cafe titled, the state of creative automation , diving into vertical applications of AI on content creation of all sorts; from text (GPT-3 and the likes) to Synthetic video (powered by companies like HourOne). Spanish, Argentinean accent). There’s already even an AI generated song contest !

Audio 185

Audio Algorithm Advertising Video 185

Startup Professionals Musings

AUGUST 5, 2013

A good many startups I know have been “successful” over a couple of years in overcoming the challenges of starting the business, including incorporation, services development, funding, and setting up operations. Change the rules of operations.

Entrepreneur 234

Entrepreneur Vertical Reputation Valuation 234

Startup Professionals Musings

JULY 6, 2012

A good many startups I know have been “successful” over a couple of years in overcoming the challenges of starting the business, including incorporation, services development, funding, and setting up operations. Change the rules of operations.

Startup 236

Startup Vertical Reputation Valuation 236

David Teten

SEPTEMBER 23, 2017

In venture capital in particular, early-stage companies are often operating in frontier industries, where the rules are unpredictable and conventional analytic frameworks may be misleading. Totem is an operating system that makes investors smarter by helping them leverage their knowledge, relationships & insights.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

Startup Professionals Musings

MARCH 28, 2011

A good many startups I know have been “successful” over a couple of years in overcoming the challenges of starting the business, including incorporation, services development, funding, and setting up operations. Change the rules of operations.

Startup 230

Startup Vertical Reputation Valuation 230

Haystack

NOVEMBER 12, 2018

The behavior is logical: Private market valuations have felt, on the whole, dislocated from revenue multiples and public markets, so a larger acquirer has many incentives to wait to get as close to the market price for an asset before making a bid. Qualtrics focuses on experience data, SAP focuses on operational data.

Acquisition 105

Acquisition Utah IPO Venture Capital 105

www.businessinsider.com

SEPTEMBER 6, 2012

JOB OF THE WEEK: Operations Manager. Microsofts New Enterprise Operating System Is Going To Be A Big Hit. This Chart Shows Why VCs Are Willing To Give Hyped Startups Absurd Valuations. If the convertible debt has a " valuation cap " feature, the price at which the investors debt converts into shares has a maximum.

Silicon Valley 54

Silicon Valley Startup Valuation Venture Capital 54

Steve Blank

SEPTEMBER 14, 2009

Underwriters realized that as long as the public was happy snapping up shares, they could make huge profits on the inflated valuations (regardless of whether or not the company should have ever been public.) The valuations for acquisitions were nothing like the Internet bubble, but there was a path to liquidity, difficult as it was.

Silicon Valley 235

Silicon Valley IPO Technical Review Venture Capital 235

Pascal's View

NOVEMBER 1, 2008

42in;text-align:left;direction:ltr;unicode-bidi:embed; vertical-align:baseline;mso-line-break-override:none;punctuation-wrap:hanging"> SOME COMMON EXAMPLES OF BOARD MISALIGNMENT.42in;text-indent:-.42in;text-align:left;direction:ltr;unicode-bidi:embed; about your operating forecasts and be prepared to revise them – up or down. -.38in;text-align:left;direction:ltr;unicode-bidi:embed;vertical-align:baseline;

Vertical 28

Vertical Syndicate Syndication Forecast 28

Cracking the Code

NOVEMBER 13, 2008

The fact that SaaS valuations are being more affected by the downturn than the Nasdaq can be surprising given the supposed resiliency of the SaaS model (recurring revenues) but it translates the public investors belief that SMB software spend is going to be hit very hard by this recession. Rethink vertical segmentation: Healthcare?

Software Review 48

Software Review Technical Review Valuation Portfolio 48

Austin Startup

SEPTEMBER 19, 2017

I tend to think of this group as distinct from the business advisors with whom you may discuss operational strategy, but all the better if there is an overlap in capabilities. This is useful for a number of reasons, the most obvious of which is to help you navigate the right channels in your vertical and open doors to potential customers.

Advisory Board 48

Advisory Board Sweat Equity Marketing Vertical 48

Austin Startup

JUNE 27, 2017

Valuations in startups increased dramatically during the Dot Com boom and then both valuations and the availability of investment capital nationally collapsed in 2001 with the Dot Com bust and 9/11. But the timing of the launch of these new funds almost assured their failure regardless of their investing acumen.

Venture Capital 54

Venture Capital Austin Texas Private Equity 54

A Crowded Space

JANUARY 13, 2016

Operational improvements tend to come in small increments, 10% here, 10% there. Over time, those 10% improvements compound to an incredibly efficient operation, but it’s unclear whether or not companies will have enough time to make these improvements before running out of cash.

Demand 60

Demand San Francisco Atlanta Business Model 60

Ben's Blog

APRIL 28, 2010

Looking across these nearly 50 companies, the study finds that founding CEOs consistently beat the professional CEOs on a broad range of metrics ranging from capital efficiency (amount of funding raised), time to exit, exit valuations, and return on investment. Steve Jobs’ return to Apple provides an excellent example.

Technical Review 78

Technical Review Cofounder Technical Cofounder Software Review 78

techcrunch.com

FEBRUARY 19, 2010

According to VCs, there’s been a 65% decrease in up-rounds (where a company gets a bigger valuation) in the last six months and more than 60% of those polled expect a longer wait for an exit. Researchers divided the portfolio companies into six stages and startups are still operating a loss in each of the first four.

Venture Capital 62

Venture Capital Technical Review Sweat Equity Valuation 62

Cracking the Code

DECEMBER 2, 2006

The time they spend with customers is usually limited to transactional core products sales, generating lower margins – The resource allocation is not always matching the opportunity (geography, customer segment, vertical.) – The rules of engagement for technical resources (solution or product specialists) are not clear.

Software Review 48

Software Review Technical Review Europe Software 48

Hunter Walker

DECEMBER 21, 2014

This notion is more common now than it was when we started the fund early in 2013, there’s still occasional question about whether this slows down a company’s operations or gives investors too much control. My answer is, if it does, you’ve selected the wrong investors, which is a bigger problem.

Cofounder 102

Cofounder Seed Stage Syndicate Syndication 102

Sophia Perl of Wisdom

JUNE 14, 2010

don’t raise money that you don’t need, it takes time to raise and you get stuck with a valuation. if you want millions of dollars, you need more operational skills to grow the team. angels try to find a reason to say no. you need money when people will no longer work for free.

Angel Investor 45

Angel Investor San Francisco Vertical Valuation 45

Hunter Walker

JULY 18, 2022

The ‘valuation multiples’ reset also came with an increase in slope of the curve. But you need to remain great and investable while also managing your costs, extending your runway, tightening your operating plan, and so on. A drop in growth rate turns into a drop in valuation multiple. Not buying low quality growth.

Valuation 116

Valuation Cap Table Startup Later Stage 116

Both Sides of the Table

FEBRUARY 13, 2011

Both AOL and Time Warner had existing VC operations. When the companies merged, those operations also merged. A contemporary analog to this type of vertical integration is Comcast/NBC-U. Let’s talk about Revolution’s operation. Zip car operates as a club and if you are a member you can rent a car by the hour.

Cofounder 277

Cofounder Merger Founder Venture Capital 277

Both Sides of the Table

FEBRUARY 12, 2017

(there’s a great story from Jonah in the video but you have to watch to hear it :)) But it’s undeniable that it has become a digital media powerhouse having raised around $500 million in capital with a valuation reported at $1.7 billion and revenues likely exceeding $250 million (Wikipedia lists 2015 revenue at $167 million).

Media 210

Media Los Angeles Russia Viral 210