Quick blog here to update you on some pretty important movements in the market. Today, in a nasty day for stocks generally, shares of software and cloud companies took a pounding. In numerical terms, the Nasdaq Composite lost 2.51%, per CNBC data. That’s a very bad day for a huge, critical category of publicly traded […]
The ‘art’ of VC startup valuations is a forgery
We pretend the startup has value so that the startup’s team is motivated and everyone involved has a chance to win.
The value of software revenue may have finally stopped rising
Startups are raising record sums around the world, thanks to several contributing factors. But the free ride could be ending.
The hyperactive late-stage market should keep the startup investing game afoot
Understanding why investors are so willing to buy small stakes in dozens of private companies worth billions of dollars is key to grokking the crush of investment we see among younger tech startups.
3 lies VCs tell ourselves about startup valuations
VCs need to stop engaging in self-delusion about why a valuation that is too high might be OK. Here are three common lies investors tell themselves to rationalize an undisciplined valuation decision.
Perform a quality of earnings analysis to make the most of M&A
Every entrepreneur must understand how to properly form a view of their company’s proper adjusted EBITDA and adjusted revenue.
Duolingo’s IPO pricing is great news for edtech startups
Duolingo, a consumer edtech company, is now more valuable per revenue dollar than the median public enterprise SaaS business.