Comments on: “We’ll be acquired for $80 million in four years” http://www.wellingtonfund.com/blog/2009/09/29/well-be-acquired-for-80-million-in-four-years/ News, Views & Purviews Fri, 03 Feb 2012 02:44:40 +0000 http://wordpress.org/?v= hourly 1 By: Articles about Investors in Startups as of September 29, 2009 http://www.wellingtonfund.com/blog/2009/09/29/well-be-acquired-for-80-million-in-four-years/comment-page-1/#comment-2276 Articles about Investors in Startups as of September 29, 2009 Sun, 28 Feb 2010 19:21:17 +0000 http://www.wellingtonfund.com/blog/?p=2784#comment-2276 [...] Valley venture capital firm — Kleiner Perkins Caufield & Byers (KPCB, for short). “We’ll be acquired for $80 million in four years” – wellingtonfund.com 09/29/2009 Want money for your venture? How about talking about the [...]

]]> By: Duncan Stewart http://www.wellingtonfund.com/blog/2009/09/29/well-be-acquired-for-80-million-in-four-years/comment-page-1/#comment-1874 Duncan Stewart Tue, 29 Sep 2009 19:31:20 +0000 http://www.wellingtonfund.com/blog/?p=2784#comment-1874 Plus ca change, plus c'est la meme chose. Ten years ago it was common for even very short VC pitches to include a transaction comps table. It was more often phrased as "these guys are getting bought while still private at 4x sales...imagine what we could get as an IPO!" I guess that kind of approach is back in style. As a former VC, it is always a great hook to be reminded what valuations are doing, especially if it is in a space I don't track that closely. That being said, I think it should be the 5th slide on a 6 slide deck...not the first or second. I still want to hear "what we do", "how it is different" and "who we are" BEFORE I get to the possible financial upside. Plus ca change, plus c’est la meme chose.

Ten years ago it was common for even very short VC pitches to include a transaction comps table. It was more often phrased as "these guys are getting bought while still private at 4x sales…imagine what we could get as an IPO!" I guess that kind of approach is back in style.

As a former VC, it is always a great hook to be reminded what valuations are doing, especially if it is in a space I don’t track that closely.

That being said, I think it should be the 5th slide on a 6 slide deck…not the first or second. I still want to hear "what we do", "how it is different" and "who we are" BEFORE I get to the possible financial upside.

]]> By: Mark MacLeod http://www.wellingtonfund.com/blog/2009/09/29/well-be-acquired-for-80-million-in-four-years/comment-page-1/#comment-1873 Mark MacLeod Tue, 29 Sep 2009 13:12:23 +0000 http://www.wellingtonfund.com/blog/?p=2784#comment-1873 Interesting. Too many pitches focus on the product and on educating the investor. It's not about education and the product does not matter if the investor is not interested and if greed is not incited. I do like the idea of knowing the transaction comps. Will add that into a late stage deal I'm working on now Interesting. Too many pitches focus on the product and on educating the investor. It’s not about education and the product does not matter if the investor is not interested and if greed is not incited.

I do like the idea of knowing the transaction comps. Will add that into a late stage deal I’m working on now

]]>