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Praying to the God of Valuation

Both Sides of the Table

We had nascent revenues, ridiculous cost structures and unrealistic valuations. I had realized that I didn’t have it within me to be as good of a player as many of them did but I had the skills to help as mentor, coach, friend, sparing partner and patient capital provider. Until we weren’t. Nobody cared about our valuations any more.

Valuation 466
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5 Stages Of The Market Lifecycle Gate Startup Success

Startup Professionals Musings

Typical valuations range from 3x-5x revenues. Investors are rushing to offer ridiculous valuations, even to pre-revenue startups, to keep from missing out. Very few new startups are getting funded at this stage, and existing ones are looking for strategic partners and being acquired to achieve continued growth.

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8 Questions You Should Ask Before You Join A Startup

Startup Professionals Musings

If the company has been around for more than a couple of years, and still has no product or revenue flow, there better be a good explanation. Look for examples of similar companies and revenue multiples achieved from acquirers. When did this effort really start, including pivots?

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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

The market was down considerably with public valuations down 53–79% across the four sectors we were reviewing (it is since down even further). ==> Aside, we also have a NEW LA-based partner I’m thrilled to announce: Nick Kim. To that end I’m really excited to share that Nick Kim has joined Upfront as a Partner based out of our LA offices.

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8 Strategies For Sustaining Momentum In Your Startup

Startup Professionals Musings

For example, Mark McClain, cofounder and CEO of SailPoint Technologies , created an employee growth culture resulting in growth of forty percent a year, with more than $100 million in revenues. The company has since gone public, and is still a market leader. Plan a long-term strategy, and avoid crisis moves.

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8 Tips For Getting Your Startup Right The First Time

Startup Professionals Musings

Investors and partners now look only for a framework of your business essentials, within the context of your opportunity, solution, and financials. Before you bring on partners, develop intellectual property, raise capital, or generate revenues, you need to establish an official business entity.

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How Baby Boomers Fit In The Realm Of Entrepreneurship

Startup Professionals Musings

Every young entrepreneur needs an experienced partner for credibility with investors, and as a trusted cohort for strategy and growth discussions. Often the Boomer is more willing to work for equity, and easily convinced to step aside when revenues reach that next threshold. Supportive co-founder and executive positions.