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When A Startup Chooses IPO Most Founders Are Out

Startup Professionals Musings

IPOs in 2008, the market was up to a still trivial 128 in 2012 (compared to 675 in 1996). I reviewed a good summary of the advantages and disadvantages of an IPO exit strategy for startups in a widely-used textbook “ Entrepreneurship ,” by Robert Hisrich, Michael Peters, and Dean Shepherd. After a record low of 39 U.S.

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An IPO Exit Strategy Puts the Entrepreneur at Risk

Startup Professionals Musings

IPOs in 2008, the market was up to a still trivial 159 in 2011. I recently reviewed a good summary of the advantages and disadvantages of an IPO exit strategy for startups in a widely-used textbook “ Entrepreneurship ,” by Robert Hisrich, Michael Peters, and Dean Shepherd. After a record low of 39 U.S.

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The Changing Structure of the VC Industry

Both Sides of the Table

The seeds of cheap cloud computing, social networking & mobile were planted and then the 2008 financial crisis brought a hurricane that swept much of the old, dead brush from the venture capital industry and ushered in a new phase perhaps best punctuated by Sequoia’s famous and now ironic presentation “ RIP Good Times.”.

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Good Times Ahead for VC-backed Tech Companies?

Both Sides of the Table

Summary of Montgomery & Co’s views on the road ahead for tech M&A of venture backed companies: (the whole presentation is later in the post, which I suggest you look at because it has insightful data. Where I add commentary from myself or my fellow VC colleagues from our discussion after Jamie left I’ll put in red.

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What Do LPs Think of the Venture Capital Markets for 2016?

Both Sides of the Table

” I suspect that over the next 18 months, they’ll see another phenomenon that they likely haven’t seen since 2008-09: mark-downs of the VCs’ portfolios. Some 75% of LPs polled said they are concerned about investment pace, burn and valuations; for now, only 6% seem “deeply concerned.”

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As Populist as it May Feel, 98% of VCs Aren’t Dumb

Both Sides of the Table

2008 App ecosystem on iOS = $0. So I prefer to watch what works first and pay a higher price to get in when it’s proven.” In Summary. Compare the state of play in 2013 versus 15 years ago. 33% of the world is on the Internet on average of 3.1 hours / day. Credit cards = less friction = more purchases = cha ching.

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What Most People Don’t Understand About How Startup Companies are Valued

Both Sides of the Table

There is much discussion online and also in small, private groups, about why the price of technology companies – public and private – are falling. It pains me to see the typical (and predictable) responses on Twitter, “VCs want prices to drop!” ” “Sure, prices are dropping. What hogwash.

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