Cashing out

135

IPO market looking less robust to this VC

Claremont Creek Ventures Randy Hawks on his outlook for exits in 2010

Innovation series by Reena A Jadhav
May 4, 2010 | Comments
Short URL: http://vator.tv/n/f59


In the latest episode of "Cashing Out: Exits and Valuations with Reena Jadhav,"  Reena talks to Randy Hawks, a venture capitalist at Claremont Creek Ventures, a VC firm based in the East Bay with $3 million under management and focusing on clean tech, healthcare and security. (See previous interview with Claremont partner

Nat Goldhaber.)

In this segment, Randy says he's less bullish on the IPO market than earlier reports had suggested. Many investment bankers/VCs had predicted that there would be 50 to 100 VC-backed IPOs this year. Randy says the number will likely be half that. Randy also touches on the milestones companies need to go public, with financial-driven companies needing four to five quarters of profitable growth and $100 million in revenue and 20% growth rate going forward vs a story-driven company, which needs less revenue but rather more market domination. Randy predicts that Twitter will go public in 2011 and that Facebook, Zynga, Yelp and LinkedIn are positioned well to go public.

His parting advice to entrepreneurs who want to build a company to an exit is," Have satisfying customers and build strong market momentum because investors have to believe the story continues."


Related companies, investors and entrepreneurs

Plogo_nuresume_logo_nualerts jpg (4)
nuAlerts
Startup/Business
Description: nuAlerts helps businesses and communities get the word out more effectively by combining best of breed marketing solutions into one accou...
Plogo_claremont-creek-ventures_ccv_waves
Claremont Creek Ventures
Angel group/VC
Description: Claremont Creek Ventures is a venture capital firm investing in early stage information technology companies. Our investment profession...
90_70_default_profile_pic
Nat Goldhaber
Managing Director,
Claremont Creek Vent...
135
Reena A Jadhav
Advisor,
Riiwards
Bio: Reena is an entrepreneur with a passion for game-changing, value-creating ideas. She currently splits her time between CareerHero and coa...

Related news


blog comments powered by Disqus

Featured Stories

Other episodes of this series

How to be prepared for your angel investor

3888

Cashing out

by Reena A Jadhav
Reena Jadhav speaks with Randy Williams, founder of Keiretsu Forum - a leading angel network

Liquidity events, is 2010 the year?

3873

Cashing out

by Reena A Jadhav
Keiretsu Forum's Randy Williams on his outlook for exits
<