Both Sides of the Table

OCTOBER 1, 2009

Consumer spending is 70% of the economy and will continue to be stretched – We can look all we want at tech innovation, VC funding cycles and hot M&A deals, but ultimately growth and therefore investment must be underpinned by revenue. Unemployment coupled with a stock market drop will stop this spending cold IMHO.

Technical Review 269

Technical Review Stock Hawaii Early Stage 269

Both Sides of the Table

JULY 16, 2010

But VC is an “illiquid asset&# so funds didn’t disappear quickly - In 2000/01 the stock market quickly adjusted punishing investors in the NASDAQ and in individual public technology stocks. What accelerated this was the collapse of the public stock markets. Team must be purely technical.

LP 311

LP Technical Review Early Stage Silicon Valley 311

Startup Professionals Musings

SEPTEMBER 12, 2014

Equity is stock, but private company stock has no market value until the company goes public or is sold or merged with another company. Of course, if you are able to bootstrap your startup, and don’t anticipate the need for outside investors, you can technically ignore the first two points. Marty Zwilling.

Exit Strategy 289

Exit Strategy Entrepreneur IPO Startup 289

Both Sides of the Table

JUNE 5, 2011

2 preamble issues having read the comments on TC today: 1: I know that the prices of startup companies is much great in Silicon Valley than in smaller towns / less tech focused areas in the US and the US prices higher than many foreign markets. Private markets for stocks are the opposite. I acknowledged this in the article.

Pre-Money Valuation 336

Pre-Money Valuation Valuation Silicon Valley Stock 336

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!” Exec Summary: Most companies (98+%) in the world (even tech startups) should be very profit focused. One of them is profitability.

Startup 418

Startup Revenue Technical Review Flash 418

Both Sides of the Table

JUNE 22, 2011

Responses ranged from, “hey, they’re in a HUGE market&# to “it is an amazing company and their technology rocks.&# It’s like people arguing that there’s a beautiful beach house in 2006 that represents great long-term value due to scarcity of similar property. But everything has intrinsic value.

Saudi Arabia 309

Saudi Arabia Valuation IPO Technical Review 309

The Startup Magazine

MARCH 14, 2022

And with the technology available these days, it is convenient to invest in emerging startups. 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! Some sectors where they have left their indelible mark are – Health tech.

Technical Review 167

Technical Review Due Diligence India Startup 167

Startup Professionals Musings

FEBRUARY 25, 2023

Equity is stock, but private company stock has no market value until the company goes public or is sold or merged with another company. Of course, if you are able to bootstrap your startup, and don’t anticipate the need for outside investors, you can technically ignore the first two points.

Exit Strategy 264

Exit Strategy Private Equity Equity Technical Review 264

Both Sides of the Table

DECEMBER 13, 2010

On July 27th, 2001 Accenture IPO’s and many of the partners grew fabulously wealthy. Investment in training, adherence to process, global knowledge sharing systems, quality control / partner reviews and campus recruitment programs that attracted the right talent. The things that always differentiated Accenture?

Turkey 302

Turkey Differentiation IP Technical Review 302

Both Sides of the Table

AUGUST 30, 2010

My original thinking from Oct ’09 was, while I didn’t (and still don’t) have a crystal ball I worried that: consumers were over-stretched with debt (and make up 77% of the economy), unemployment would continue to rise, which in turn would drive the stock market south and cut the rate of M&A activity and VC investment even further.

Entrepreneur 298

Entrepreneur Technical Review Balance Sheet Government 298

Startup Professionals Musings

DECEMBER 20, 2019

Initial Public Offerings (IPO) are back as an exit strategy. Investors are showing an increased appetite for new stocks, with a good percentage of deals pricing above the marketed share price range. Most now routinely buy startups for new technology and new products. The median deal size is back over $100 million.

North America 320

North America Incubator Initial Public Offering Valuation 320

VC Cafe

JANUARY 14, 2022

In this posts I review the potential risks for the Israeli tech ecosystem and the mitigating factors that counter some of them. According to the 2021 Tech Review report by IVC , Israeli tech startups attracted a record of $25.6 Israeli tech investments 2015-2021 (source: IVC ). What comes next? China: $104.4

Israel 158

Israel Technical Review Lock-up Period South Korea 158

ReadWriteStart

OCTOBER 2, 2021

If you’re thinking about starting a tech startup you already know — there are a lot of things to consider. But what if a tech startup uses the LLC structure? And this is not only due to lack of liability protection, though it is a significant factor attracting investors. Most sole proprietorships remain small businesses.

Technical Review 158

Technical Review LLC IPO Stock 158

The Startup Magazine

SEPTEMBER 4, 2020

Stock exchanges is a growing industry where stock investors interact with various companies wishing to exchange the shares. For startups and entrepreneurs, awareness of the stock exchanges will help prepare you for a potential public financing of your company through an initial public offering, known as an IPO.

Stock 114

Stock Initial Public Offering New York China 114

Startup Professionals Musings

JUNE 2, 2013

I like the work just published by Bob Rice in “ The Alternative Answer ,” which does a great job of summarizing the investment universe, starting with the “conventional” stocks, bonds, and real estate, but moving on through more esoteric alternatives, including hedge funds, private equity, real assets, managed futures, and finally venture funding.

Angel Investor 269

Angel Investor Cram Down Intellectual Property Venture Capital 269

Both Sides of the Table

OCTOBER 12, 2014

Prorata rights are one of the most important rights of a private market technology investors and yet are seldom fully understood. Also, because the entire industry has changed because it is cheaper to start a tech company these days – there are simply way more angel rounds. Why prorata rights are becoming a bigger deal to angels.

Technical Review 336

Technical Review Later Stage Early Stage LP 336

YoungUpstarts

MARCH 24, 2017

Growth stocks provide the ideal opportunity as they see earnings and revenues rise at above-average speed. One risk of investing in growth stocks is that future potential is considered instead of current operations. If the Hero 5 sales surpass expectations continuously, there could be a significant pop in the GoPro stock.

Stock 113

Stock United States China Technical Review 113

Both Sides of the Table

FEBRUARY 23, 2015

For some aspiring to be tech entrepreneurs, I often suggest a two-step process, as I argued in this post that “ The First Startup Founder You Need to Invest in Is You.” He or she has worked at some very successful big technology or media companies and went to a great school.

Technical Review 150

Technical Review Liquidation Preference Silicon Valley IP 150

VC Cafe

MARCH 11, 2010

T aking a company through an initial public offering (IPO) is not an easy task. It’s also an uncertain exit for the entrepreneurs, as they are typically restricted to sell any of their stock in the first 180 days following the IPO, and even then they can sell no more than 1% of stock a month. million in 2009.

IPO 68

IPO SEC Initial Public Offering Stock 68

abovethecrowd.com

AUGUST 23, 2020

But in light of where we are in 2020, especially with regard to the degrading efficiency and sky-rocketing cost of capital through the structurally broken IPO process, SPACs may emerge as a legitimate third option for helping Silicon Valley companies efficiently and cost-effectively transition into the public markets.

IPO 118

IPO Silicon Valley Warrant Matching 118

Gust

JANUARY 31, 2013

The move came as a shock to many in the tech business community, in which we’ve become accustomed to real-time disclosure by company executives through social media. To understand the SEC’s point of view , it’s necessary to review the principles underlying securities law in the United States.

SEC 158

SEC Prospectus United States Technical Review 158

Both Sides of the Table

SEPTEMBER 29, 2009

Three reasons: There is a relative valuation between the price a VC pays and their expectations of what it will exit for in an IPO or trade sale. The professor plotted data and showed us statistically that most people buy stocks when they are booming (e.g. Short answer – yes. The best MBA class I took was an investment strategy class.

Burn Rate 263

Burn Rate Valuation Pre-Money Valuation Private Equity 263

VC Cafe

APRIL 30, 2024

First came the stock market slump, which affected late stage funding, then came the VC pull down (2023 was one of the lowest points for global VC deployment) and it was made even worse following the judicial reform (which was scraped) that gave some foreign investors cold feet. Israeli startups raised $1.74 Learn more in the full report.

Technical Review 78

Technical Review Venture Capital Vertical IPO 78

Startup Professionals Musings

APRIL 27, 2016

Equity is stock, but private company stock has no market value until the company goes public or is sold or merged with another company. Of course, if you are able to bootstrap your startup, and don’t anticipate the need for outside investors, you can technically ignore the first two points.

Equity 120

Equity Exit Strategy Private Equity Startup 120

Startup Professionals Musings

JANUARY 21, 2018

Initial Public Offerings (IPO) are back as an exit strategy. Investors showed an increased appetite for new stocks, with 18 percent of deals pricing above the marketed share price range. Most now routinely buy startups for new technology and new products. Thus a record number of entrepreneurs (and team members) are getting rich.

Entrepreneur 166

Entrepreneur Valuation Incubator Initial Public Offering 166

Eric Friedman

JANUARY 3, 2020

I am welcoming the 20’s with an enthusiasm I haven’t felt in awhile and more bullish than ever on technology and investing in general. This one directly pulled from Range and the original Game Boy that has the infamous spinach colored screen and still dominated against full color competition due to these constraints.

Technical Review 79

Technical Review Software Review Vertical IPO 79

ReadWriteStart

DECEMBER 14, 2023

Inox India’s initial public offering ( IPO ) opened on Dec. The offering is not due to close until Dec. 18, with the IPO scheduled to be allotted on Dec. It will make its stock market listing debut on Dec. The conglomerate has not issued an IPO since 2006, when it issued Inox Leisure (now part of the PVR Group).

IPO 60

IPO India Initial Public Offering Technical Review 60

BeyondVC

AUGUST 9, 2006

Yes, this is easier said than done, but when this happens you can do things like Bob Parsons , CEO of GoDaddy, recently did (via Techmeme )- pull his IPO. As he discusses in his blog post: Why I decided to pull our IPO filing. You might ask, why, if Go Daddys situation has never been better, did I decide to pull our IPO filing?

Technical Review 78

Technical Review IPO SEC Stock 78

Both Sides of the Table

MARCH 1, 2016

We All Know That Dollars into Venture Have Gone Up … As a starting point, we know that the dollars into venture have steadily rebounded to pre great-recession levels, with just under $30 billion committed to US technology venture capital in 2015. …But LPs Have Been Putting Out More Money Than They Are Getting Back.

Venture Capital 150

Venture Capital LP Silicon Valley Marketing 150

ReadWriteStart

OCTOBER 2, 2021

If you’re thinking about starting a tech startup you already know — there are a lot of things to consider. But what if a tech startup uses the LLC structure? And this is not only due to lack of liability protection, though it is a significant factor attracting investors. Most sole proprietorships remain small businesses.

Technical Review 78

Technical Review LLC IPO Stock 78

YoungUpstarts

JANUARY 10, 2018

You’ll find exceptions to this rule, like Snapchat, which was operating at a loss at its IPO, when it experienced high initial trading prices due to its huge popularity and untapped monetization capabilities. Few buyers will get excited about a company currently operating at a loss. billion within a week.

Valuation 145

Valuation Technical Review Exit Strategy Metrics 145

crowdSPRING Blog

MARCH 28, 2013

Invest in Your Customers More Than Your Brand | Michael Schrage-Harvard Business Review – [link]. Lessons Learned from Bill Gross’ 35 IPOs/Exits and 40 Failures – [link]. Invest in Your Customers More Than Your Brand | Michael Schrage-Harvard Business Review – [link]. TechCrunch – [link].

Social Media 107

Social Media Small Business Design Media 107

Ben's Blog

JUNE 18, 2011

In reading my friend Steve Blank’s arguments, I found the bubble definition quite compelling: “A tech bubble is the rapid inflation in the valuation of public and private technology companies that exceeds their fundamental value by a large margin.&#. Next, Mr Blank states, “The LinkedIn IPO valued the company at $8.9

Technical Review 57

Technical Review IPO Silicon Valley Valuation 57

Growthink Blog

MAY 29, 2012

Unfortunately, lost in too much of the "dramatic" coverage of the Facebook IPO has been the real lessons to be learned for those interested in successful technology and growth company investing. Part of the confusion is understandable.

IPO 85

IPO Stock Technical Review Valuation 85

mashable.com

OCTOBER 16, 2010

Gregory Wehmeyer True, Ben, once upon a time, Angel Investors provided the launching pad for Venture Capital Firms to propel any startup on two legs toward a successful IPO. We are coaching VCs and Angel Investors everyday who call us wanting to understand our Early Stage LPO versus late stage IPO approach to business.

Angel Investor 84

Angel Investor Venture Capital Social Media Technical Review 84

mashable.com

OCTOBER 16, 2010

Gregory Wehmeyer True, Ben, once upon a time, Angel Investors provided the launching pad for Venture Capital Firms to propel any startup on two legs toward a successful IPO. We are coaching VCs and Angel Investors everyday who call us wanting to understand our Early Stage LPO versus late stage IPO approach to business.

Angel Investor 83

Angel Investor Venture Capital Social Media Technical Review 83

David Teten

JANUARY 19, 2021

Our categorization is not a technical one. Additionally, Flexible VC can accommodate all types of companies, not just asset-lite, tech-enabled companies.”. The value ascribed by subsequent investors (in a secondary); buyers (acquisition); or the public markets (IPO). Flexible VC offers you this. Volatile, uncapped.

Cofounder 78

Cofounder Technical Review Equity Dividend 78