The Road to IPO

Title: The Road to IPO
Date: 2014-05-14
Speaker: Geoff Donaker (Yelp)
Link: Entrepreneurial Thought Leaders
 
Venture capitalists have a ten year time horizon.
Two ingredients for you to not sale (when receiving an offer for your company) are that your investors and board have deep enough pockets that they don’t need to sell and that they believe enough in the story and that it is going to be worth more two or five years from now.
When you have a sustainable $100 million in revenue and positive cash flow you’re ready to start thinking about going public.
The roadshow is a two or three week marketing period.
Hot deals are always going to be oversubscribed.
Having a stock price can be distracting.
If you’re going to an earlier stage company you’re going to get a lower cash salary and in exchange for that you get options.
Having a distribution strategy that is cost effective and can scale is harder than it looks.