How to Position a VC Startup for Acquisition: You Can’t
How do you position and maneuver your VC-funded startup for acquisition? The short answer is, “You can’t.” The VC’s didn’t sign up for an acquisition. They are seeking a billion dollar revenue opportunity because that’s what it takes to move the needle on their portfolio. If they are willing to talk about an acquisition at all, [...]
Canada’s Next Five Years
1997-2012: Fear, Uncertainty, Doubt. 2012-2020: Optimism, Opportunity, Execution. I’ve been bullish for a while now, it’s no secret. It was 5 years ago that I was writing off VC in Canada and explaining how startups needed to step up to create an environment to bring them back. And like a bowl of Sea Monkeys, the [...]
The Art of Riding the Bubble
People are increasingly asking whether there is a Bubble underway in the tech business. The answer is that by the time you know there is a Bubble it’s probably too late to do anything about it. But if all you’re doing is asking whether there is a Bubble, the Bubble is probably not here, yet. [...]
Keeping Score: Exit Activity for Venture Backed Companies in 2010
Not surprisingly in 2008 and 2009 exit activity for venture backed tech companies was very slow. Last year that activity seemed to have picked up, mirroring the overall improved business environment. I try to keep track of most of the…
It’s about to get a little crazy out there . . .
Ok, here’s the thing. The “is this another bubble?” conversation has been going on for a while, and everyone was able to agree that there hasn’t been a bust imminent so far. It might have been dragged out by the sluggish economy, it might have been a function of a lot of effort going in [...]
Contrarian VC’s: Good Idea!
VC’s have a real reputation for having a herd mentality. If you are a VC, don’t get offended, you know it’s true. Heck, I’ve had a number of you joke with me about it. For this reason, I read with interest Fred Wilson’s musings about contrarian investing. Fred talks about how momentum investing can be successful, [...]
Atlassian: Fully Funded. By Customer Revenue. Oh, and the $60M T-shirt
It was 2006, the first Office 2.0 Conference in San Francisco and I just met Jeffrey Walker, President of Atlassian. I had followed the company for a while (OK, I admit, had been a fan), met Mike, but this was the first time with Jeffrey, so we took our box lunch to a cozy little [...]
