David Teten

DECEMBER 8, 2010

Expert networks have been in the news a lot for the past few weeks, due to the SEC’s attempt to look for insider trading amongst hedge funds, following on their Galleon investigation (Raj Rajaratnam of Galleon is in the photo shown). The best source of information on this topic is as usual the Integrity Research blog.

Networking 122

Networking Private Equity SEC Software Review 122

thebarefootvc

MAY 13, 2019

From my view, it also delineates regulatory authority between FinCEN and the SEC in the US. While the SEC has not provided guidance on “utility tokens” my read is that they are captured in the FinCEN document. Having just read through the entire document, I think it is significant in the clarity it provides.

SEC 40

SEC Taiwan Application Development Community 40

Steve Blank

NOVEMBER 13, 2012

After helping build the first Ethernet switch startup, I was attracted by Asynchronous Transfer Mode 25Mbit/sec technology, (ATM25) which was 2.5x Maysee now enjoys hockey stick revenue growth. Back in 1990’s, I was working for one of the leading sogo shohsa (trading company) in Japan, building data communications startups.

Japan 292

Japan Customer Development Developer Customer 292

deal architect

AUGUST 31, 2012

Workday has filed its S-1 with the SEC as part of its IPO process. For the 37 months ending January 31, 2012, total revenues were $ 227 million, accelerating year on year, so let’s round off to lifetime revenues of.

SEC 262

SEC IPO Revenue Cloud 262

YoungUpstarts

FEBRUARY 1, 2020

Before your financial statements can be filed with the SEC or distributed outside of your business, an external auditor must ensure your records adhere to GAAP. These are: Revenue Recognition issues. Share-based Compensation. Accounting for Income Taxes. Revenue Recognition. Accounting for Income Tax.

CPA 165

CPA Stock Options Valuation Stock 165

Both Sides of the Table

NOVEMBER 9, 2014

In the email (I have seen a copy) was all of the companies performance data, revenue data, financing plans and company PPT decks, which is surely a violation of the confidentiality clauses of our legal agreements. They have listed forward revenue figures that are highly questionable and bring the issue of SEC oversight to my mind.

SEC 352

SEC Venture Capital Early Stage Cofounder 352

Feld Thoughts

SEPTEMBER 20, 2013

We’ve confidentially submitted an S-1 to the SEC for a planned IPO. Anyone who has been through taking a company public knows that there are numerous steps between the first S-1 filing with the SEC and the final filling where the SEC says “ok – you are ready to go public now.”

SEC 142

SEC IPO Investment Bankers Valuation 142

Startup Professionals Musings

SEPTEMBER 11, 2013

Startups are typically run by a couple of executives who are reluctant to disclose via the prospectus and SEC reports all the decision-making criteria, operational financial details, and compensation formulas. Public companies of any size must comply immediately with the full reporting requirements of the SEC.

IPO 242

IPO SEC Prospectus Startup 242

Austin Startup

JANUARY 25, 2020

I remember enjoying reading his book “ Delivering Happiness ,” the story behind how he led Zappos and drove it to a billion dollars in revenue before Amazon bought it. But before we got back to work, we had to hire a lawyer to help out with both the SAFE docs and to file our FORM D with the SEC so we can register our raise.

Delaware 62

Delaware SEC New York City New York 62

View from Seed

MAY 16, 2019

One of the key questions for me was how might Slack stack up against other great SaaS companies when it comes to average revenue per user (ARPU), and how ARPU and total addressable market (TAM) might drive Slack’s long run market cap. Revenue growth rate of 82% year over year. 10M+ daily active users (DAUs). So Slack generated $1.43

Lock-up Period 168

Lock-up Period Retention Azure .Net 168

Steve Blank

OCTOBER 9, 2018

startups might run into an alphabet soup of federal regulatory agencies, for example; ATF , CFPB , DEA , EPA , FAA , FCC , FDA , FDIC , FERC , FTC , OCC , OSHA , SEC. Lobbyists also work through regulatory bodies like the FCC , SEC , FTC , Public Utility, Taxi, or Insurance Commissions, School Boards, etc. In the U.S. An insurer?

Marketing 321

Marketing Startup Government SEC 321

Version One Ventures

OCTOBER 7, 2014

However, as Scott Krager points out in his post, the companies have vastly different approaches for generating revenue. You can read Krager’s article for all the figures (many of which are from Hubspot’s S1 SEC filing and from Moz directly), but here are some of the key differences: Hubspot spends $11,233 to acquire a new customer.

Initial Public Offering 148

Initial Public Offering IPO SEC Valuation 148

YoungUpstarts

JUNE 11, 2019

With acquisition entrepreneurship, you focus on establishing revenue and earnings first, and then you provide a platform for a lifestyle business or major innovation from there. I believe fewer entrepreneurs would start businesses if they thought they would max out at $650,000 in revenue. Buying Is Better.

Acquisition 113

Acquisition Oakland Small Business Administration SEC 113

YoungUpstarts

FEBRUARY 27, 2013

Each contact profile is categorizes by fields such as job title, department, phone number, and email information, and even includes include company revenue estimates and built-in company directories by department and geographical location.

Search 191

Search Sales Database SEC 191

Agile VC

MAY 16, 2019

One of the key questions for me was how might Slack stack up against other great SaaS companies when it comes to average revenue per user (ARPU), and how ARPU and total addressable market (TAM) might drive Slack’s long run market cap. Slack’s net dollar retention rate is an incredibly impressive 143%. So Slack generated $1.43

Lock-up Period 100

Lock-up Period Retention Azure .Net 100

YoungUpstarts

APRIL 5, 2019

Did the former head of the SEC just join your board of directors? Call me old school, but I believe in metrics like growth, revenue, and profit. Entrepreneurs nowadays want to boast about brand-name investors, huge rounds of funding, and a team of high-skill employees. You must be the man (or woman)! You’re clearly killing it!

Valuation 162

Valuation Cofounder Metrics SEC 162

Berkonomics

AUGUST 20, 2020

For starters, as the due diligence and documentation period drags on, you’ll have to keep your company’s eyes on the ball to continue the increasing revenues and profit momentum. What could happen to kill the deal that looks so good to all now? What about events you can’t control?

Due Diligence 71

Due Diligence Intellectual Property SEC Lean 71

Version One Ventures

OCTOBER 7, 2014

However, as Scott Krager points out in his post, the companies have vastly different approaches for generating revenue. You can read Krager’s article for all the figures (many of which are from Hubspot’s S1 SEC filing and from Moz directly), but here are some of the key differences: Hubspot spends $11,233 to acquire a new customer.

Initial Public Offering 78

Initial Public Offering IPO SEC Valuation 78

Gust

NOVEMBER 15, 2012

But by far the biggest issue is that the very essence of public markets (and what makes them “public”) is that the SEC mandates an enormous amount of transparency, including complete quarterly financial statements, complete publication of the company’s cap table including all significant shareholders, and so forth.

Seed Stage 131

Seed Stage Hockey Stick Cap Table Liquidation Preference 131

crowdSPRING Blog

APRIL 5, 2013

Small Business Marketing Tip: Send Email Campaigns At Night To Increase Revenue | crowdSPRING Blog – [link]. SEC Greenlights One Style Of Equity Crowdfunding For Startups | TechCrunch – [link]. Email Design Best Practices For Small Businesses and Startups – [link]. ” – [link].

Social Media 92

Social Media Small Business Design Media 92

Agile VC

NOVEMBER 6, 2013

A few years ago this was sort of a novelty… not that many startups were going public and not that many bloggers or mainstream journalists took the time or had familiarity with combing these SEC filings. So their revenue figures, pre IPO financing and ownership, and other info is all widely available.

IPO 194

IPO Aggregator B2B Internet 194

YoungUpstarts

SEPTEMBER 10, 2018

Such “micro-game” inside a game has 5-50 sec. The advertising revenue from your rewarded creative divide by the total number of active game/app users, also count the conversion per user for the playable format if you serve both. This way the user can try the new game and assess it without installing.

Advertising 113

Advertising SEC Mobile Audience 113

thebarefootvc

JANUARY 28, 2018

During the week, the SEC continued to offer warnings on initial coin offerings — with each pass, their language gets stronger in advising companies and their counsel to comply with securities regulations. Commissioner Clayton, referencing lawyers advising the sector, noted: “These lawyers appear to provide the ‘it depends’ equivocal advice.

SEC 40

SEC Security Conversion Global 40

YoungUpstarts

DECEMBER 5, 2018

To be classified as a gazelle, a company must have a starting revenue of at least $1 million, then grow at a rate of 20 percent every year for four years, resulting in the company doubling in size during that time. What is a gazelle? The term is defined not by size but by rapid growth.

Startup 182

Startup Acquisition Portfolio Venture Capital 182

Growthink Blog

FEBRUARY 21, 2013

The key to the JOBS Act is this: it opens up more possibilities in equity funding without the tedious requirements to register your funding as a public offering with the Securities & Exchange Commission (SEC). This was predicated on the SEC writing the crowdfunding regulations by December 31 2012 like they were supposed to.

Equity 74

Equity Securities and Exchange Commission SEC Accredited Investor 74

Steve Blank

JUNE 24, 2013

Lobbyists also work through regulatory bodies like FCC , SEC , FTC , Public Utility, Taxi, or Insurance Commissions, School Boards, etc. i.e. revenue/profit sharing, two-tier hiring, etc. They also use the courts to tie up and exhaust a startups limited financial resources. Cut deals with the rent seekers. Lessons Learned.

North Carolina 335

North Carolina New Jersey New York Government 335

Agile VC

AUGUST 9, 2012

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. You can read about all of this stuff in Zynga’s own SEC filings or the popular press. Zynga’s trailing revenue is nearly $1.2B

Stock 160

Stock LBO .Net Valuation 160

Mike Michalowicz

AUGUST 1, 2014

It is even supported – scratch that, required – by Generally Accepted Accounting Principles (GAAP), which is enforced by the SEC in the United States and the International Accounting Standards Board internationally. Every increase in revenue seemed to be matched with an even greater increase in expenses.

Guinea 155

Guinea SEC United States Matching 155

ConversionXL

MARCH 3, 2016

What this report will tell you: So far, we’ve done a pretty good job of measuring close to the money (revenue, conversions, etc.) In other words, revenue minus marketing / acquisition costs (i.e. Here’s the report setup… If it were me, I would add conversion rate and revenue metrics. revenue, profit).

Analytics 48

Analytics Customer PPC Metrics 48

Both Sides of the Table

MAY 4, 2010

We discussed whether investing in the second largest player in a category makes sense given that Groupon is 10x the revenue, 3.5x But LivingSocial is reportedly doing around $180,000 per day in gross revenue. If this figure is accurate – it’s certainly a very large business even when you look at net revenues.

IPO 236

IPO .Net Venture Capital Strategic Investors 236

Steve Blank

JUNE 24, 2013

Lobbyists also work through regulatory bodies like FCC , SEC , FTC , Public Utility, Taxi, or Insurance Commissions, School Boards, etc. i.e. revenue/profit sharing, two-tier hiring, etc. They also use the courts to tie up and exhaust a startups limited financial resources. Cut deals with the rent seekers. Lessons Learned.

North Carolina 227

North Carolina New Jersey New York Government 227

Berkonomics

SEPTEMBER 26, 2013

For starters, as the due diligence and documentation period drags on, you’ll have to keep your company’s eyes off the ball to continue the increasing revenues and profit momentum. What could happen to kill the deal that looks so good to all now?

Due Diligence 85

Due Diligence Liquidity Event Intellectual Property SEC 85

BeyondVC

AUGUST 9, 2006

In a bit of irony, last week when the SEC informed us our filing was accepted as being ready-to-go, market conditions were a terrible mess. This is quite similar to a lot of SAAS oriented businesses that may sign up customers for one year contracts and collect the cash today but recognize the revenue over the life of the contract.

Technical Review 60

Technical Review IPO SEC Stock 60

Growthink Blog

SEPTEMBER 10, 2012

Important timing note here: While equity-based crowdfunding was approved by Congress in the recently passed JOBS Act , it is still working through the process of SEC rule-making. See crowdfunder.com - a startup that is developing one of the best platforms for equity-based crowdfunding - for the most timely updates in this regard.

SEC 78

SEC Equity Finance Product Development 78

Seeing Both Sides

DECEMBER 3, 2009

.   Many VC-backed companies don’t do audits until a certain point of maturity to avoid costs and distractions, but certainly a company reporting more than $10 million in revenue should have formal audits.   Further, the audit committee should meet with auditors on an annual basis without management in the room.

Technical Review 31

Technical Review Due Diligence Silicon Valley SEC 31

infochachkie.com

SEPTEMBER 24, 2011

For instance, if a consultant proposes to help you with public relations, pay them a commission equivalent to the greater of a flat fee per story placed or a percentage of revenue generated from the PR coverage. If a consultant claims they can enhance your marketing efforts, pay them based on their direct impact on your incremental sales.

Equity 40

Equity Silicon Valley Cofounder Technical Review 40

ReadWriteStart

APRIL 2, 2012

That cap will now specifically apply to a broader group of small companies: those with annual gross revenues of $1 billion or less (adjusted for inflation), within a five-year interval from the sale of its first security. Previously $5 million, the securities sales cap will be raised to $50 million.

IPO 121

IPO Startup Florida Seed Capital 121