Atlassian to acquire former unicorn Loom for $975M | TechCrunch
What VCs don’t like to see is a startup almost out of money raising capital simply to stay alive. I should correct that. VCs don’t mind seeing desperate founders, but it implies a lower pre-money valuation and includes a red flag.
Patrick Vernon • Venture Capital Strategy: How to Think Like a Venture Capitalist
Valuations matter, but what’s more important is that you get into the best deals. I know people who passed on Twitter and Zynga based on their Series A valuations, in the low tens of millions, only to see those serial entrepreneurs and their companies become worth billions. A quick way to understand the valuation is to ask the founder directly, “Ho
... See moreJason Calacanis • Angel: How to Invest in Technology Startups—Timeless Advice from an Angel Investor Who Turned $100,000 into $100,000,000
Typical enterprise software companies spend approximately 7-15% of their enterprise value on customer acquisition. L1 Web3 companies spend 29-95%.
Tomasz Tunguz • Tokens as CAC - Are Crypto Companies More or Less Efficient in Acquiring Customers? by @ttunguz
But Slack’s struggle to succeed as an independent company sadly mirrors that of many one-time innovators in enterprise productivity. Mailbox died and Acompli sold to Microsoft, where it became the mobile Outlook app. Evernote is a pale shadow of its former self. Of that early cohort, only Box and Dropbox became — and still remain — public companies... See more