Venturebeat reported yesterday that US startup valuations have reached ten year highs. You can see from the charts above that median valuations have been increasing at all stages from seed through to Series D or later. Series A valuations have increased more slowly than other Series’ which shows that there is a bit of [...]
This chart comes from the OECD who are widely respected for their forecasts. By 2060 they predict the Eurozone will be the fourth largest economy in the world after China, India and the USA. The USA will have fallen from first place to third. This change will bring profound shifts in global politics and [...]
The chart above shows that the ratio of businesses started per head in the UK to the US is maybe 3.8:7.6 – i.e. about 0.5 – whilst the ratio of VC investment as a percentage of GDP is 0.04:0.17 – i.e. 0.2. That tells me that the UK venture industry needs to grow 2.5x [...]
LPs, the investors in VC funds, have a difficult job to do, largely because they have to work with poor quality data and only a small fraction of VCs deliver the returns that make them worth investing in. The problem is made worse by the fact that LP demand to invest in the handful [...]
Ben Rooney just posted an analysis of VC and entrepreneurial activity in Europe which included the two charts above. They confirm that the US is still meaningfully ahead of UK in terms of VC dollars invested per head, but show that we are closer in terms of number of VC funded [...]
The infographic below was on Venturebeat this morning. It sets out six ways in which companies present themselves to investors. If you are an entrepreneur you should think which one best matches your company. In my experience it is the top two that work best for fundraising:
Disruptions of big markets are easy to [...]
We’ve been thinking recently about how to combine design thinking with the lean startup methodology. The diagram above was drawn by Tim Brown, CEO of IDEO to describe the three tenets of design thinking (for those that don’t know Tim is perhaps the world’s leading proponent of design thinking). Lean startup has a lot [...]
Alan Patrick just wrote a post about London’s prospects as a centre for manufacturing. Along the way he wrote about the characteristics that are proven to add value to physical products:
Short Lead Times/Available now High Design Input to create differentiation Fast change/Fashion – make things that are hard for long lead time supply chains [...]
Brett Martin, founder of @sonar, has written a gut-wrenching post about the lessons he learned from the failure of his startup.
First the background:
For those unfamiliar, Sonar Media Inc. was a mobile app created to help make the world a friendlier place. Our mobile app buzzed in your pocket when friends were near and ushered [...]
Yesterday I talked a friend through how bridge rounds work and what he should look out for. This is what I said.
A bridge round is generally for companies that have raised one round and want to wait a little longer than anticipated to raise their next round so they can get to [...]