Both Sides of the Table

SEPTEMBER 15, 2022

Should SaaS companies trade at a 24x Enterprise Value (EV) to Next Twelve Month (NTM) Revenue multiple as they did in November 2021? million, our Seed Funds mostly between $200–300 million and have delivered median ownerships of ~20% from the first check we write into a startup. 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

Sure, we built SaaS products before the term even existed but at 31 it was hard to delineate reality from what all of the monied people around us were telling us what we were worth. In those years I learned to properly build product, price products, sell products and serve customers. Until we weren’t.

Venture Capital 466

Venture Capital Startup Marketing Pricing 466

Both Sides of the Table

JANUARY 14, 2014

In fact 61% of all mobile searches where a customer contacts a business it is via a phone call (source: Google). 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. I don’t want to speak to customer service reps!!

Email 339

Email SaaS Venture Capital Google 339

Both Sides of the Table

AUGUST 20, 2015

If one entered between 2009-2015 he or she is no doubt in the “hazard” phase where one need to be careful about thinking he know more about the industry than perhaps he do. It forces the founder to spend time in front of customers. why do I write p.s.’s sometimes? I see it in many young pups. Same as I felt.

Funding 150

Funding Venture Capital Startup Marketing 150

Both Sides of the Table

SEPTEMBER 28, 2014

In a world where the economy only heads in one direction (read: 2009-2014) most investors & entrepreneurs forget to pay attention to gross burn. You are particularly vulnerable if: You have revenue concentration (few customers each providing a large total of percentage of your revenue). Growth vs. Profitability.

Startup 383

Startup Company Companies .Net 383

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 . Case in point, Procore just went public and is trading at an $11 billion valuation. Maker Studios?—?sold

Venture Capital 363

Venture Capital Capital Funding Startup 363