Both Sides of the Table

MARCH 11, 2011

Last night I had the great privilege to interview Bill Gross , one of the Internet’s true pioneers. He took out an ad in the Yellow Pages (it was the early 80′s, pre Internet), which cost him $1,000 / month for a half-page ad. If it worked in the Yellow Pages, why not on the Internet? Overture was sold to Yahoo!

Product 350

Product Tuvalu Dilution Incubator 350

Both Sides of the Table

JUNE 22, 2011

The fact that today’s Internet bubble does not represent all companies does not disprove its existence. Ah, but today’s Internet companies have real revenue! And this is happening in mezzanine (pre-IPO) deals as well. And post IPO deals, although these tend to correct more quickly. and profits!

Saudi Arabia 309

Saudi Arabia Valuation IPO Technical Review 309

Both Sides of the Table

DECEMBER 27, 2011

I find it amusing when a journalist writes an article about a prominent startup (either privately held or preparing for an IPO) and decries that, “They’re not even profitable!” Internet scale. In many Internet startups 80% of the operating costs will be people. One of them is profitability. Growth matters.

Startup 418

Startup Revenue Technical Review Flash 418

Both Sides of the Table

DECEMBER 13, 2010

Increasingly it became difficult to tell any system integration company apart and there was a whole new breed of competitors in the market helping companies build Internet businesses. Andersen had lost its long-time CEO, George Shaheen, was hemorrhaging staff and wasn’t exactly known as being an Internet pioneer.

Turkey 302

Turkey Differentiation IP Technical Review 302

Both Sides of the Table

MAY 23, 2012

IPO markets had burned an entire cycle of retail stock investors and many institutional investors to boot. By the end of 2011 the Internet population was estimated at 2.3 billion, with 275 million in North America alone (source: Internet World Stats) and an astounding global penetration of 33% of the world’s population.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

Both Sides of the Table

JUNE 5, 2011

Early-stage investors in technology startups are only looking for growth-oriented companies that can achieve an “exit&# someday – either via selling your company to a larger company or via an IPO. The former is much more likely than the latter. The risk wouldn’t be appropriate.

Pre-Money Valuation 336

Pre-Money Valuation Valuation Silicon Valley Stock 336

Both Sides of the Table

DECEMBER 11, 2022

The browser and thus the WWW and the first Internet businesses were born circa 1994–95 and there was a golden period where anything seemed possible. I have often thought that creative endeavors where one has a quick turn-around between idea and realization of one’s work as one of the more fulfilling experiences in life. It was 1991.

Valuation 466

Valuation San Francisco Ratchet Liquidation Preference 466

Both Sides of the Table

APRIL 13, 2011

There was a lot of consumer internet activity again…resurgence of things, but it was still mysterious, venture capital was still kind of closed, 1st time entrepreneurs had a lot of questions that were unanswered, and there was still some sort of hand waiving around all the financing stuff and so we took it on….”. was starting.

Technical Review 288

Technical Review Venture Capital Silicon Valley Software Review 288

Both Sides of the Table

OCTOBER 1, 2009

Bad stock markets mean less IPO’s and lower prices for M&A. In the first post in this three part series I described why I believe the VC market froze between September 2008 – April 2009. This has a tangible impact on the valuation of start-ups and the pace of investment.

Technical Review 269

Technical Review Stock Hawaii Early Stage 269

Both Sides of the Table

APRIL 15, 2010

In the former case many people scoffed at paying up for Google at IPO. You go onto the Internet and can control what people hear on terrestrial radio. It offers Internet radio targeted advertising and is growing really well. money off the table) given the dearth of IPO’s and M&A over the past few years? -

Venture Capital 271

Venture Capital Affiliate Valuation San Francisco 271

Both Sides of the Table

AUGUST 28, 2009

Goldman Sachs (an investor in our company) told us we’d IPO within 18 months for $1 billion so not to take any offers. As the economy soured and people grew wary of buying Internet software (we were SaaS as early as 1999 – our buyers were certainly “early adopters&# ) and life grew more difficult. We were hot.

PR 331

PR Software Review Ireland Germany 331

Both Sides of the Table

JUNE 30, 2011

The opportunities for tech startups today are more immense than they’ve ever been with billions of people now connected to the Internet nearly all the time. It doesn’t feel like that now because we’ve entered a mini bubble in pre IPO valuations for a segment of the tech market but this, too, shall pass.

Venture Capital 289

Venture Capital Early Stage Valuation Angel Investor 289

Both Sides of the Table

JULY 16, 2010

The VC industry grew dramatically as a result of the Internet bubble - Before the Internet bubble the people who invested in VC funds (called LPs or Limited Partners) put about $50 billion into the industry and by 2001 this had grown precipitously to around $250 billion. Here’s my take: 1.

LP 311

LP Technical Review Early Stage Silicon Valley 311

Both Sides of the Table

AUGUST 12, 2010

There is an industry changing shift going on in the internet and mobile-based IT space for sure. Dan believed that consumer internet entrepreneurs have a choice now: traditional VC vs. super seed investors. Retail investors were burned in IPOs in 2000, Consumers getting burned by services disappearing) Minutes 31-35.

Seed Stage 232

Seed Stage Valuation Private Equity Venture Capital 232

VC Cafe

JANUARY 24, 2021

According to the Economist , video game internet traffic, including mobile games, has increased 75% in the U.S. Consumer trends 2021 prediction bingo by Visual Capitalist. Covid-19 was a huge boost for gaming and usage has grown to new records. In Newzoo’s l atest report , analysts predicted that in 2021, 2.8

Technical Review 207

Technical Review Audio Forecast Social Media 207

The Next Web

SEPTEMBER 12, 2013

When he founded Netflix as a DVD rental service in 1997, Hastings had already led one company, Pure Software, from its birth to an IPO. You’ve IPOed two companies. Doing an IPO can be a great thing, but there are always consequences. Streaming obviously has the future and will be relevant as long as the Internet stays relevant.

Swaziland 137

Swaziland Entrepreneur IPO Netherlands 137

Agile VC

JULY 11, 2012

Burr, Egan, Deleage [Boston] –> Huge wins in the 1980s and early 90s included Continental Cablevision (sold for $5.3B – now a big chunk of what is Comcast), Qwest Communications, Cephalon (biotech IPO, acq by Teva), and Powersoft (Burr, Egan made 35x when it went public and then was acquired by Sybase).

Silicon Valley 240

Silicon Valley Carried Interest Cofounder Boston 240

Both Sides of the Table

APRIL 12, 2018

We would have gladly followed Jamie (and Josh Roth, the CTO who is phenomenal and we’ve also known for a decade) right through an IPO if we could have. We funded the seed round, the A round, the B round, C round, D round and E round. Jamie is truly a visionary and a focused executioner. Were we SURE that consumers would buy a video doorbell?

Security 247

Security Los Angeles Silicon Valley Video 247

Steve Blank

MARCH 18, 2011

We’re now in the second Internet bubble. Dot.com Bubble ( 1995-2000): “ Anything goes” as public markets clamor for ideas, vague promises of future growth, and IPOs happen absent regard for history or profitability. With Netscape’s IPO , there was suddenly a public market for companies with limited revenue and no profit.

Internet 335

Internet IPO Silicon Valley Agile 335

YoungUpstarts

APRIL 8, 2012

With close to 900 million users and an upcoming IPO , Facebook is ruling the web as the social network of choice.

Social Media 186

Social Media Technical Review Media Social Network 186

Both Sides of the Table

APRIL 2, 2010

A 1997 vintage is likely to perform much better than a 2000 vintage because the former got to ride the dot com bonanza and likely saw some quick IPOs and crazy trade sales while the latter is more likely filled with many companies that never reached the promise land (or are still trying). Why does vintage matter to you?

Venture Capital 269

Venture Capital Balance Sheet Early Stage Software Review 269

The Startup Magazine

FEBRUARY 8, 2022

Fast forward to 2021, six in 10 people around the world now use the internet, 332 million people came online for the first time in 2021, and 4.66 billion actively use the internet worldwide – 59.5% McLaren Technology Acquisition Corp, the SPAC focused on fintech recently closed a $ 201 million IPO at NASDAQ. More than 5.22

Artificial Inteligence 166

Artificial Inteligence Technical Review Global Technology 166

YoungUpstarts

MAY 24, 2018

These tax liabilities, which many companies believe don’t exist, can turn into a heavy burden in the event that a company seeks investors, financing, IPO or sale. internet-based businesses with interstate sales) is becoming increasingly popular by states and increasingly burdensome for taxpayers. more than two days).

South Dakota 160

South Dakota North Dakota Wyoming United States 160

VC Cafe

JANUARY 24, 2012

The Internet sector dominated for the first time in the past decade and saw a large increase of investment, attracting $482 million or 23% of total capital raised by high-tech companies (115 total investments), compared to $222 million or 18% raised in 2010, and $147 million or 13% raised in 2009. million in 2011, higher than the $3.23

Israel 111

Israel Technical Review IPO Startup 111

Startup Lessons Learned

SEPTEMBER 15, 2008

I am somewhat of an expert in this having created one of the first pioneering labs and incubators in the Internet era, from N AZ where the normal course of action was to prove lean ventures with our retirement only to see them copied by deeper pockets on the coasts when we went searching for capital.

Lean 168

Lean San Francisco Startup Continuous Deployment 168

Steve Blank

JUNE 22, 2011

Ben and his partner Marc Andreessen (the founder of Netscape and author of the first commercial web browser on the Internet ) are the definition of Smart Money. I’ve followed them with a few observations about the Internet that may help frame the scope of the debate. The Internet May Liberate Us. The Internet May Kill Us.

Internet 304

Internet Silicon Valley United States .Net 304

David Teten

JANUARY 10, 2012

Mr. Lindzon’s new media and internet business investments also include: Limos.com, Blogtalkradio.com, Buddy Media, Ticketfly, Assistly, Bit.ly Michael was the lead research analyst for the IPOs of Internet companies like UUNET, Yahoo!, Mr. Parekh serves on various advisory boards of start-up internet companies.

Technical Review 128

Technical Review Technology North Carolina Switzerland 128

Up and Running

AUGUST 18, 2014

If you’d still like to be running the company in 10 years time, you’re probably going to want to ensure that exit plan comes in the form of a steady revenue stream that allows you to pay off investors; an IPO instead of a buy-out; or simply opt for a different strategy – your own funds or private/government loans and grants.

Small Business 154

Small Business Exit Strategy Cofounder Angel Investor 154

Up and Running

NOVEMBER 12, 2014

Initial Public Offering (IPO). Initial Public Offering (IPO): This exit strategy is not suited to most small businesses, primarily because it means convincing both investors and Wall Street analysts that stock in your business will be worth something to the general public. Types of exit strategies. Management buyout. Family succession.

Exit Strategy 117

Exit Strategy Lock-up Period Merger IPO 117

Gust

JANUARY 31, 2013

Before the commercial Internet, the primary tools of disclosure included: Prospectus and related registration statement (“S-1″) for an IPO. Public companies have dealt with financial disclosure in ways that evolved over time with markets and technologies. This brings us back to Mr.

SEC 158

SEC Prospectus United States Technical Review 158

abovethecrowd.com

APRIL 17, 2013

Many Internet marketplaces also have a rake or vig. Before discussing the merits of low rakes versus high rakes, let us first take a look at current examples of different rakes across the Internet. All of which leads us to two very interesting rake examples that are front and center in today’s Internet – Facebook and Apple.

Europe 101

Europe Social Network Technical Review IPO 101

Startup Lessons Learned

AUGUST 3, 2009

► August (2) SXSW Case Study: SlideShare goes freemium ► July (4) Case Study: kaChing, Anatomy of a Pivot Some IPO speculation Founder personalities and the “first-class man&# th. The visionary’s lament The Superbowl ad test Lo, my 57692 subscribers, who are you? Take a look and let me know what you think.

San Francisco 168

San Francisco Product Lean Continuous Deployment 168

Agile VC

NOVEMBER 6, 2013

As many of you know, in the past I’ve done a series of posts deconstructing the S-1s of VC-backed internet startups going public. Twitter’s IPO has garnered a ton of attention in the tech and popular press. So their revenue figures, pre IPO financing and ownership, and other info is all widely available.

IPO 194

IPO Aggregator B2B Internet 194

Startup Lessons Learned

OCTOBER 4, 2008

I got my start programming on an old IBM XT; it was thanks to MUDs that I first discovered the internet. Thanks to the anonymity of the internet , I landed a few jobs, and did quite a bit of writing. Im one of those people whos been programming since they can remember. So much for timing. Take a look and let me know what you think.

San Francisco 155

San Francisco Technical Cofounder Fractional CTO CTO 155

Startup Professionals Musings

JANUARY 16, 2011

It has been at least a decade since going public via an Initial Public Offering (IPO) has been considered a credible exit strategy for startups. Usually a small company can sell about 20 percent of its stock in an IPO. In 1999, there were 486 IPOs nationwide; just 10 years later, in 2009, there were only 63. How’s the timing?

IPO 223

IPO Social Media Media Exit Strategy 223

The Startup Magazine

MARCH 14, 2022

Of late, with the advent of new technology and the spread of the internet to nearly all corners of the country, Indians have taken up a new kind of shop! And with the technology available these days, it is convenient to invest in emerging startups. Are you wondering how to invest in startups in India? The digital startup craze.

Technical Review 166

Technical Review Due Diligence India Startup 166

Steve Blank

AUGUST 5, 2010

Consumer Internet investing seems to have split off from traditional Venture Capital, and is creating a new category of VC’s: Lean VC’s. In 1980 Genentech became the first IPO of a venture funded biotech company. The Rise of the “Lean VC’s” – Consumer Internet Gets Funded. Here’s why. Electron-based Venture Capital.

Lean 265

Lean Internet Silicon Valley Venture Capital 265