MATTERMARK DAILY

Mattermark Daily – Thursday, April 28th, 2016

From the Investors

Elizabeth Clarkson of Sapphire Ventures addresses the record amount of money that has gone into U.S. venture funds this year and offers recommendations to attract LPs and improve your odds of raising in “Dear VCs, There’s Something You Need To Know About Raising Funds This Year

Stuart Peterson of ARTIS Ventures shares details of Stemcentrx’s acquisition and where he sees further opportunities to invest in hard science in “Congratulations Stemcentrx

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The Team at Read more.

© Mattermark 2016. Sources: Mattermark Research, Crunchbase, AngelList.

EDITORIAL

Investors Are Still Less Bullish About LinkedIn

tl;dr: LinkedIn posted strong earnings and solid forward guidance. Investors still value it far below its late 2015 heights.

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LinkedIn reported its first quarter financial performance today, a key moment for the company after its sequentially preceding earnings reset its valuation, causing a steep decline in its worth.

The company’s shares are up today after it reported first quarter revenue of $860.65 million and earnings per share of $0.74, using adjusted metrics. Taking into account all costs, the company lost … Read more.

© Mattermark 2016. Sources: Mattermark Research, Crunchbase, AngelList.

MATTERMARK DAILY

Mattermark Daily – Wednesday, April 27th, 2016

From the Investors

Josh Kopelman of First Round Capital walks through why “picking” is a critical skill not only for VCs, but for founders as well in “The Best VCs are Great Pickers

Mark Suster of Upfront Ventures explains why the focus on the LTV/CAC ratio and the laissez-faire attitude towards payback period can be a trap even if your startup has raised a lot of capital in “Why Misunderstanding Startup Metrics Can Cost You Your BusinessRead more.

© Mattermark 2016. Sources: Mattermark Research, Crunchbase, AngelList.

EDITORIAL

What Correction? Venture Activity Zips Back To Full Speed In India And Southeast Asia

tl;dr: After a rocky fourth quarter, venture capital investment in India and Southeast Asia is back. Vroom vroom!

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It’s not only the United States’ venture capital market that is confusing the media.

Specifically, if we look at Asia, there are a number of conflicting public reports concerning its current fundraising climate. Depending on which article you read, you might think that it’s all gloom and doom, or believe that Asia’s startup ecosystem is on the verge of exponential Read more.

© Mattermark 2016. Sources: Mattermark Research, Crunchbase, AngelList.

MATTERMARK DAILY

Mattermark Daily – Tuesday, April 26th, 2016

From the Investors

Fred Wilson of Union Square Ventures criticizes the accountants who run the accounting standards for forcing companies into reporting their financials in a way that doesn’t accurately represent their financial condition in “Generally Accepted Accounting Standards

Tomasz Tunguz of Redpoint Ventures shows the evolution of the SaaS and Software segment of the venture market environment, broken down by series, in “Five Charts On The State Of The Early Stage SaaS Market In 2016”… Read more.

© Mattermark 2016. Sources: Mattermark Research, Crunchbase, AngelList.

EDITORIAL

The Mattermark Editorial Team Is Hiring And You Should Def Apply

tl;dr: The Mattermark editorial team is hiring a data-driven journalist who thinks that startups, markets, and venture capital are cool.

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I’m damn excited to announce that the Mattermark editorial team is hiring another journalist to help cover where the worlds of finance and technology collide.

We’re looking for someone who has an unhealthy interest in charts, datasets, and probably spends too much time looking at companies’ financial data. If you want to research, explore, and write about the financial side … Read more.

© Mattermark 2016. Sources: Mattermark Research, Crunchbase, AngelList.

MATTERMARK DAILY

Mattermark Daily – Monday, April 25th, 2016

From the Investors

Jason Calacanis of LAUNCH talks about the new rules for aspiring unicorns and shares some practical “do’s and dont’s” in “Lions & Lambs in the ‘Post Unicorn’ Era

Fred Wilson of Union Square Ventures adds to Bill Gurley’s post and shares examples of leaders taking the easy way out and deferring a difficult decision because of fear of the consequences in “Don’t Kick the Can Down the Road

Jay Levy of Zelkova Ventures Read more.

© Mattermark 2016. Sources: Mattermark Research, Crunchbase, AngelList.

EDITORIAL

Read The Fine Print Before You Turn To Equity Crowdfunding

tl;dr: JOBS Act equity crowdfunding sounds great, but for startups it could be more tripwire than blessing.

Today’s article was written by Alex Mittal, co-founder and CEO of FundersClub. After a chat on the phone concerning equity crowdfunding we realized that we’d reached similar conclusions. Enjoy!

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The rollout of the JOBS Act has been delayed for years, but on May 16th, 2016, one of its most controversial parts goes live. True equity crowdfunding is coming. Read more.

© Mattermark 2016. Sources: Mattermark Research, Crunchbase, AngelList.

EDITORIAL

SecureWorks Opens The IPO Window

tl;dr: If you cut the price and number of shares you want to sell, you too can go public!

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SecureWorks went public today, marking the first US tech IPO of year.

As Mattermark noted previously, the company’s IPO matters more than it usually might as it is a bellwether of sorts. Given the recent dearth of tech IPOs, being first out of the gate is notable. How public investors receive SecureWorks will be watched closely by other companies potentially … Read more.

© Mattermark 2016. Sources: Mattermark Research, Crunchbase, AngelList.

MATTERMARK DAILY

Mattermark Daily – Thursday, April 21st, 2016

From the Investors

Bill Gurley of Benchmark Capital explains why the unicorn financing market just became more dangerous and complicated for all those involved in “On the Road to Recap

Brad Feld of Foundry Group takes his own perspective in expanding on the emotional biases listed in Bill Gurley’s post in “Current Startup Market Emotional Biases

Aydin Senkut of Felicis Ventures announces a new fund and reflects on how their unconventional approach has led to success … Read more.

© Mattermark 2016. Sources: Mattermark Research, Crunchbase, AngelList.