View from Seed

JANUARY 26, 2016

There are a number of factors that have contributed to the rise of pre-seed rounds, but the strongest have been the frothy late-stage financing market, coupled with both the scaling-up of some of the early winners in the institutional seed ecosystem and the scaling-down of some larger funds that retrenched after the financial crisis.

Seed Stage 120

Seed Stage Early Stage Cofounder Finance 120

Ben's Blog

JULY 16, 2013

You probably thought that valuations would be roughly the same as they were the last time you raised money. 3/29/2002: 82.5. So, the average company on the S&P 500 IT index with $10M in annual earnings would be worth $210M in March of 1995, $820M in March of 2002, $310M in March of 2004 and $155M in March of last year.

Down Round 73

Down Round Marketing Preferred Stock Post-Money Valuation 73

Feld Thoughts

APRIL 21, 2016

Bill Gurley wrote an incredible post yesterday titled On the Road to Recap: Why the unicorn financing market just became dangerous … for all involved. In 2001 and 2002 I learned a brutal set of lessons, including experiencing that $100 million of paper money going to $0 when Interliant went bankrupt.

Marketing 70

Marketing Down Round Startup IRR 70

Austin Startup

JULY 23, 2010

The company announced that is just completed $13M in financing from existing investors SMH Private Equity Group, ABS Ventures, Austin Ventures, and Trellis Partners. The cash looks good on the balance sheet, and venture investors want to pile on money at low valuations before the valuation increases by 10x as a public stock.

Balance Sheet 67

Balance Sheet Private Equity LP IPO 67

Ben's Blog

JULY 16, 2013

You probably thought that valuations would be roughly the same as they were the last time you raised money. 3/29/2002: 82.5 So, the average company on the S&P 500 IT index with $10M in annual earnings would be worth $210M in March of 1995, $820M in March of 2002, $310M in March of 2004 and $155M in March of last year.

Marketing 36

Marketing Preferred Stock Post-Money Valuation Down Round 36

finance.fortune.cnn.com

AUGUST 21, 2012

Overall, the fund-of-funds is 97% called for 45 funds raised between 1999 and 2002. MPM BioVentures III (2002): 76% (44%). Finance jobs. We agreed to withhold the name of the fund-of-funds manager and to not post the source documents, as a condition of receiving the materials. JK&B Capital IV (2001): 85% (15%). Job Search.

Naming 49

Naming Term Sheet Private Equity Equity 49

Both Sides of the Table

JANUARY 31, 2011

Mostly you read about fundings, product releases, big valuations, and M&A. It was 2002 – the “dog days&# of the Internet and we were running out of cash. One investor played chicken with me by threatening not to approve my next-round financing unless I gave him more equity. I’m not trying to be negative.

Entrepreneur 384

Entrepreneur Startup Salary Egypt 384

Hearpreneur

AUGUST 5, 2020

The SARS outbreak in 2002 leads to the tremendous growth of online marketplace platforms in China. Another pointer is to how much the industry is ready for disruption is the trend of recent HR and Recruitment startups such as Zenefits which reached up to a valuation of a billion dollars after a few years. 19- Silvertech.

Technical Review 159

Technical Review Software Review Entrepreneur China 159

Both Sides of the Table

JANUARY 22, 2011

Mostly you read about fundings, product releases, big valuations, and M&A. It was 2002 – the “dog days&# of the Internet and we were running out of cash. One investor played chicken with me by threatening not to approve my next-round financing unless I gave him more equity. I’m not trying to be negative.

Entrepreneur 176

Entrepreneur Startup Salary Egypt 176

Hearpreneur

JULY 28, 2019

This concept was explored in cinematic form in the film ‘Minority Report’ (2002) in which people are served advertisements in public places based on their personal profiles on an individual basis. Photo Credit: Rio Rocket. The future is now and the technology is Personal Digital Merchandising. Thanks to Mike Thorne, JUSTJUNK® !

Technical Review 67

Technical Review Technology Artificial Inteligence Entrepreneur 67

Agile VC

NOVEMBER 13, 2012

Sarah also points to the vast global wealth that has to get allocated somewhere as well as a small bump in long term average returns, now that the generally terrible performance of funds from the 2000-2002 time frame (after the tech bubble of the late 90s crashed) no longer factor in to 10 year returns.

LP 154

LP Portfolio Venture Capital IRR 154

Cracking the Code

SEPTEMBER 2, 2008

2002, the stock price went from $17.5 Detailed SaaS Spreadsheet (Valuation and CAC benchmark). SaaS 13 Index Valuation. Yahoo Finance. He should have invested in Lawson obviously… I could not track back their stock price in 1998 when NetSuite was launched, but since Jan. per share to $8.0 My Investments. Raj Kapoor.

Software Review 48

Software Review Software Technical Review Cloud 48

Agile VC

NOVEMBER 9, 2015

This past Friday Square also filed an initial pricing range of $11-13/sh which would give them an enterprise value less than their last round of financing ($6B post-money). I’ll address potential valuation further down the post here. When it comes to valuation, Square will inevitably compared with other payments companies.

IPO 165

IPO .Net Revenue Acquisition 165

Cracking the Code

MAY 15, 2008

With the oil barrel price moving from $20 in 2002 to $124 today, and cities like San Francisco in active discussion to build a 5-megawatt installation within the city limits , this prediction seems on its way - and was widely approved by the audience. Detailed SaaS Spreadsheet (Valuation and CAC benchmark). SaaS 13 Index Valuation.

Software Review 48

Software Review Technical Review San Jose Venture Capital 48