Victor Folmann’s Post

For some starting a start up just comes naturally

Some VCs only back second-time founders 📈 But the reality is, most founders are first-time founders. This got me thinking: who are the first-time founders who have absolutely crushed it? Brian Chesky, Joe Gebbia - Airbnb IPO Date: December 10, 2020 Market Cap on IPO Day: $86.5 billion Evan Spiegel, Bobby Murphy - Snap Inc. (Future freshman) IPO Date: March 2, 2017 Market Cap on IPO Day: $24 billion Melanie Perkins - Canva (Fusion Books) IPO Date: 2025 Valuation: $26 billion (as of 2024, private company) Ben Silbermann - Pinterest (Tote) IPO Date: April 18, 2019 Market Cap on IPO Day: $12.7 billion Kevin Systrom, Mike Krieger - Instagram (Burbn) Sale Date: April 9, 2012 Sale Price: $1 billion (acquired by Facebook) Andrew Mason - Groupon IPO Date: November 4, 2011 Market Cap on IPO Day: $12.7 billion Dylan Field - Figma Acquisition Offer: $20 billion (from Adobe) If you’re a first-time founder, just know that everyone is out here experimenting and figuring things out as they go...trust me. #startups #venturecapital #founders ____ Enjoy this? Follow Kevin Jurovich for daily startup & VC insights and the occasional meme. ✌️

📊 257 Tech Companies That Could Hit IPO in 2024 according to CB Insights 📊 2023 was not the year for companies looking to go public. Worldwide, there were less than 200 VC-backed IPOs. Some of the biggest tech IPOs were: ▪️ Arm ▪️ Klaviyo ▪️ Instacart Since three companies went public in September, it gave a sense of renewal to the market. However, since these debuts, there haven't been any VC-backed companies in the US listed above a billion dollars. Many tech companies are waiting for 2024 to be the year they go public, especially as late-stage venture capital dries up. CB Insights put together a list of 257 tech companies likely to go public in the next 12-18 months based on the following factors: > Valuation > Founding year > Stage of investment > Employee headcount > The Mosaic score of CB Insights > Total equity funding (and how soon each company may need fresh capital) Check out the names of the companies and more detailed information in the slides below. The last slide on the investors could be particularly interesting to founders. #fundraising #IPO #tech #valuation #founders #startups #VC

🚀 Top 20 Fastest IPOs of All Time 🚀 IPOs represent a pivotal liquidity event for founders and early-stage investors, allowing companies to access significant capital for growth while enabling investors to realize returns on their investments. In 2021, there were 1,035 IPOs, which increased to 1,333 in 2022, demonstrating a positive trend in market activity. However, the fluctuating landscape has led to a decline in 2023, highlighting the dynamic nature of the market. Here are the Top 20 Fastest IPOs: 1. VA Linux (Larry Augustin) – 9 months 2. Netscape (Marc Andreessen, Jim Clark) – 1 year 3. Napster (Shawn Fanning, Sean Parker) – 1.5 years 4. Yahoo! (Jerry Yang, David Filo) – 1.5 years 5. Qualcomm (Irwin Jacobs, Andrew Viterbi) – 2 years 6. Pets.com (Julie Wainwright) – 2 years 7. Amazon (Jeff Bezos) – 3 years 8. eBay (Pierre Omidyar) – 3 years 9. Box (Aaron Levie, Dylan Smith) – 4 years 10. Apple (Steve Jobs, Steve Wozniak, Ronald Wayne) – 4 years 11. Red Hat (Marc Ewing, Bob Young) – 5 years 12. Google (Larry Page, Sergey Brin) – 6 years 13. Lyft (Logan Green, John Zimmer) – 7 years 14. Twitter (Jack Dorsey, Biz Stone, etc.) – 7 years 15. Snowflake (Benoit Dageville, etc.) – 8 years 16. Facebook (Mark Zuckerberg, etc.) – 8 years 17. Zoom (Eric Yuan) – 8 years 18. LinkedIn (Reid Hoffman, etc.) – 8 years 19. Spotify (Daniel Ek) – 12 years 20. Rivian (Robert "RJ" Scaringe) – 12 years These companies have transformed industries and demonstrate the significant role of IPOs in enabling growth and rewarding early stakeholders. Do you know any company that should have been in the list? #IPO #Investing #Startups #LiquidityEvent #BusinessGrowth PS: We just created a Virtual Access Ticket Class for #StartupSouth9. Connect with Founders and Investors. Investors comment below for Free Investors Pass.

🌵 Why I'm so bullish on pre-seed angel investment and why 2024 should be a good year for the startups and tech ecosystem 📈 We have seen recent IPOs like the one of Instacart in Sept 2023 and more recently Reddit, Inc. (last week), which are giving some fresh air to the IPO market And they are doing well 👉 Instacart IPO 6 months later ➕ 60% 👉 Reddit IPO 1 week later ➕ 30% There are 5 more 🌶 hot ones expected this year (see graph) This impact directly the VC market IPOs --> liquidity events --> more growth and late stage deals --> more Serie A and B deals --> attracting more capital again So, as an angel investing in pre-seed, you don't invest in the current market. You always invest in a market in 3y-5y 💹 And as every crisis repeats the same pattern, the fact that we see again few IPOs, it means we certainly reached the bottom of the market 🐂 Hence, I'm expecting the coming years to be a bull market, which means that if have picked the best founders and startups, we should be in a good position as investors in that future market. Also, that should implies more operators getting their partial / full cash out, which part of it would be reinvested in the ecosystem. 💰 💰 And hopefully that implies new Upscalers' members ⚡ Which expected tech IPOs are you more excited about ? ------ ✍ I write about startups, community, and angel investments, focusing on the greatest tech operators. 👨💻 I run Upscalers, the Home of the best operators in Europe (and soon beyond) to network, grow and learn together, and angel invest. Apply to join us --> https://lnkd.in/e_zr4Xzd

Despite recent successes, IPO market still won’t fully open until 2025 This year already proved that startups are willing to go public in a less-than-ideal market — and get rewarded for it, too. But bankers, lawyers and investors said the recent IPO successes aren’t enough to foster more than a dozen tech IPOs this year. “I don’t think we will have the floodgates open like I might have thought,” Greg Martin, co-founder and managing director at Rainmaker Securities, told TechCrunch. “The trickle was delayed; I thought it would happen sooner in Q1. Because of that, I think the floodgates can’t open til 2025, but we could have a healthy flow of 10 to 15 companies for the year.” Jeremy Glaser, a lawyer and co-chair of Mintz’s venture capital and emerging companies practice, said that despite how the recent IPOs have performed thus far, people need more data than just a few weeks, or a month, of trading to feel confident. Looking at how Klaviyo and Instacart are performing today shows why people remain cautious. Klaviyo is currently trading at a $5.94 billion market cap, down from its $9.2 billion IPO price. Instacart is faring better, but still trading under its initial IPO price of $9.9 billion. It’s currently trading at $9.47 billion. Source 📌 Powered by V3V Ventures

Success in a VC-backed startup requires you to be a little crazy. [1] You’re in a company where barely anyone knows you ... yet on paper the company is worth millions. YC companies who raise a seed round are worth more than the coffee shop serving your latte — and the coffee shop actually has customers. [2] You cold email VPs at companies that your parents wished you worked at - and they actually reply! Those VPs either reply saying “f*@$ off”, mark your email as spam (f*@$ you, VP guy), or they take the meeting. [3] You’re a capital allocator with leverage across the raised funds, your time, and your team’s time. Anything you write in # general is read by the other capital allocators who can decide to change roadmap, pricing, or anything else within minutes. Try changing Walmart or JP Morgan’s roadmap. Try getting budget for anything more than a pencil at a BigCo. [4] The entire premise of your company is that you'll create a monopoly. Hit $100M ARR or fold. Even better, create an entirely new industry and be a monopoly by default. Playing small is the pathway to failure. Here's to the crazy ones.

With startups’ exit opportunities becoming few and far between, a new hero is coming to the rescue.   Private equity is filling the gap left by a frozen IPO market and corporates unwilling or unable to cut deals. My latest for Business Insider digs into the software buyout frenzy: https://lnkd.in/ecBveP4e   Hearing “private equity” might send shivers down your spine with visions of cost cutting and headcount reductions. But the PE-startup marriage seems to be working out well thus far.    For startups, PE represents a deep-pocketed buyer willing to move quickly, pay a premium, and potentially help the business by tapping into complementary companies in their portfolio.    Perhaps most importantly, a PE deal means equity holders get cash immediately, unlike an IPO that has some holding periods.    As for PE, the industry has been sitting on a record amount of cash — $2.59 trillion at the end of 2023 — as it waits out an uncertain economy. And with multiple startups often competing in similar fields, there is plenty of opportunity for consolidation, a PE specialty.    Startups turning to PE comes with risks. Private equity’s push for efficiency, and eventual profit, can sometimes get ugly.    But any port in a storm, and right now the startup waters are extra choppy.

This is a promising trend

Why Pre-IPO Investments Are the Future of High-Growth Opportunities? Have you ever imagined how amazing it would be to invest in a company before it strikes gold, before it becomes a household name? For many years, that kind of opportunity was only available to the big fish—those venture capitalists and the ultra-wealthy. Regular folks like us? We didn’t have a shot. But that’s changing now. Pre-IPO investments are slowly becoming available to everyone who’s willing to take a closer look. So, what's the difference between buying shares in a company after it goes public and jumping in before? When you are buying shares of the particular company, they are way expensive. You’re paying what everyone else is willing to pay. But with pre-IPO investing, you get the same share of the company, just a little early and at a lower price. But it's your business to predict how promising this company is. A company at this stage is much riskier because of the uncertainty it faces. However, if a startup grows big, it opens a massive multiply chance for your investment. It is like being witness to the birth of something big that would grow from small dreams to a trailblazer in the industry, like Facebook, Uber, or Airbnb. It's all about timing. Pre-IPO investing lets you get into the game before the big boys show up to the party. After that, everyone jumps in, and prices soar. You could earn many times what you would have earned if you were in the market at a later stage. But how do you know which companies are worth investing in? No need for you to slog through all the research yourself. We can pave the way and assist you in identifying the most promising startups ready to take off.   #Assetian #IPO #PreIPO #finance #financialtips #financetips #investment #investmentopportunities #investmenttips #investing #stockmarket #stockmarkettips Kamal Matta Alka Jain Sumit Sanyal Vineet Kumar Sakshi Rawat