Since my last post [Blog Roundup: Discussion of TechCrunch post on the decline in VC returns] exploring the implications of a potentially smaller capital pool for the foreseeable future for early stage ventures, I’ve run across a couple of relevant posts on Forbes that I
TechCrunch Blog Post: Ten-Year Venture Capital Returns Continue To Slide (Source: Cambridge Associates LLC via TechCrunch; The crude annotations are mine.) Ouch. There are lots of problems with this 8.4% 10-year rolling average return for venture capitalists in the US. The big one, of course,
Here is a quick 15 minute video presentation of the Top 10 Unspoken Investor Questions presentation I made to the OpenBeta PitchCamp event: [VIDEO WAS REMOVED BY BLIPTV] It was funny. Call me if you want to see it.
Last month, Gale, a division of Cengage Learning, bought Questia Media, the company I co-founded in 1998. But why did they buy it? This article from Information Today seems to analyze it pretty well: Gale Reaches for More End Users With Questia Acquisition A salient
In addition to my previous post about software company valuations, EBITDA multiples and Martin Wolf Securities, I also like to read the Software Equity Group’s industry reports in order to align my thinking about rates of return, growth segments and future investment. They’ve recently released
Since we only had 15 minutes to do our educational presentation on Tuesday for participants in PitchCamp, prior to OpenBeta on Thursday, I decided to go a little lighter on my “Investment Criteria for Entrepreneurs” presentation… Without further ado, we present “The Top 10 Unspoken
I’ve been asked to speak at the upcoming OpenBeta3 event organized by the ExtendedBeta community. I’ve been asked to talk about the investment criteria that angel investors, seed funds and venture capitalists use to evaluate investment in technology startups, and in the process I’ll be
Periodically, this is one of those things that executives in startup companies should think about: What are the current multiples on revenues and EBITDA in my industry and my niche? These days, of course, this is one of those “cover your eyes, you don’t want