Both Sides of the Table

SEPTEMBER 15, 2022

At our mid-year offsite our partnership at Upfront Ventures was discussing what the future of venture capital and the startup ecosystem looked like. Should SaaS companies trade at a 24x Enterprise Value (EV) to Next Twelve Month (NTM) Revenue multiple as they did in November 2021? In 2009 we could take a long time to review a deal.

Venture Capital 416

Venture Capital Marketing Technical Review Seed Funding 416

Both Sides of the Table

DECEMBER 11, 2022

Something happened in the past 7 years in the startup and venture capital world that I hadn’t experienced since the late 90’s — we all began praying to the God of Valuation. How might our next phase of the journey seem brighter, even with more uncertain days for startups and capital markets? What happened? Until we weren’t.

Venture Capital 466

Venture Capital Startup Marketing Pricing 466

Both Sides of the Table

MAY 24, 2021

Imagine if, say, Autodesk had purchased it in 2009 for $100 million? Of the first four investments I made as a VC in 2009, two have exited and two (Invoca & GumGum) still are independent and likely to produce $billion++ outcomes . The abundance of late-stage capital is good for us all. Maker Studios?—?sold

Venture Capital 363

Venture Capital Capital Funding Startup 363

Both Sides of the Table

JANUARY 14, 2014

Only naive people believe that but for inexperienced entrepreneurs you can be fooled into the narrative by the press who sometimes write stories without the actual data. source: Harris Interactive IM Shopping Poll (August 2009)). And you can’t act like a B-round company when you raise $20 million in growth capital.

Email 339

Email SaaS Venture Capital Google 339

Both Sides of the Table

SEPTEMBER 28, 2014

There are many times when being overly capitalized before you’re ready is a negative. Plus, most early-stage M&A fails so this isn’t likely a good use of capital for a young company). Availability of Capital. ” Whatever answers they have manufactured the only thing I hear is, “Because we can.”

Startup 383

Startup Company Companies .Net 383

Both Sides of the Table

AUGUST 20, 2015

We love capital efficiency until we love land grabs until we abhor over funding until we get huge payouts and ring the bell for more funding until we attract every non-VC on the planet to invest in startups until it crashes and we start the cycle all over again none the wiser. ” I believe firmly in capital efficiency in the early days.

Funding 150

Funding Venture Capital Startup Marketing 150

socalTECH

JULY 13, 2009

So we think we're the right size for the market in 2009. As a result, I'm looking at a lot of software-as-a-service companies, and have run a number of SaaS companies. We have a regional focus here, and the market is underserved in venture capital, yet it's the second largest metropolis and DMA in the country. That as unhealthy.

GRP Partners 157

GRP Partners Southern California Santa Barbara Rustic Canyon 157