Remove Cost Remove Stock Options Remove Syndication
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Groupon's S-1: From Zero to Like? Billions in 30 Months ? AGILEVC

Agile VC

The latter typically excludes taxes and non-cash expenses like taxes, depreciation, stock option compensation, etc… Groupon’s Adjusted CSOI is exactly the same but also excludes customer acquisition costs (though these are reported elsewhere). In Q1 2011 Groupon was acquiring new subscribers for $5.53

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Entrepreneurs: regarding equity to developers

chrischandler.name

Investing time in your goals, when they could be developing their own, comes across as a high opportunity cost with an extremely unlikely payoff. Your stock options are worth zero until you successfully exit and, even then, only if the strike price is better than market value. Proof of execution is what matters today, not ideas.

Equity 40
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Facebook S-1: The Most Anticipated IPO in a Decade ? AGILEVC

Agile VC

These companies report gross ad revenue but then subtract out “TAC” (Traffic Acquisition Costs) which is basically accounting-speak for the revenue share they pay to the partner sites where the ads actually appear. That’s the capex (e.g. Filed under Uncategorized. link] Steven Kane. Great post Lee. Small note – .

IPO 100
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How to Fund a Startup

www.paulgraham.com

Ifyour competitors offer employees stock options that might make themrich, while you make it clear you plan to stay private, yourcompetitors will get the best people. Some angel investors join together in syndicates. Those that dont fail all seem to get boughtor go public. Startups valuations aresupposed to rise over time.