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The Curious Case of the Unprofitable IPO

A Silicon Alley Insider graphic recently making its way around the Twittersphere caught my attention and deserves a mention. It’s a really simple depiction that in my opinion helps further disprove the Myth of the $100M Revenue Milestone I’ve alreadyRead More…

The Myth of the $100M Revenue Milestone

As a junior banker at Goldman Sachs in the early ‘90s I was weaned on the conventional wisdom that growth companies were ready to go public when they reached the $100M annualized revenue figure (ie, a $25M quarter) and hadRead More…

Making the Forbes Midas List

Forbes

Where Sand Hill Road Meets Wall Street — Why I am starting this blog

I can still remember my very first day at Goldman Sachs in mid ’91.  An eager 22 year-old fresh out of Stanford, I had spent far more time patrolling the baseline of the Stanford tennis courts than I had inRead More…