August 20, 2009
Have you ever seen a business plan with hockey stick revenue projections? It’s common for VCs to receive business plans showing sales growing from 0 to $100m in the first 5 years of a company’s life.
In fact, growth conversations between VCs and management teams often cause angst. One of the reasons is that [...]
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August 20, 2009
Who hasn’t noticed the good news in software? Software stocks are up 26% this year (compared to 17% for the S&P). And the median public software company EBITDA margin is at a four-year high according to the Software Equity Group.
Equally exciting is the number of recent software IPOs: Rosetta (RST), Open [...]
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