Location:
4450 Arapahoe Ave, Suite 100 ,
Boulder, Colorado 80303,
United States
Founded in: 2003 Stage: Revenue generating Number of employees: 6-15 Completed funding: Self-Funded Profitable year: 2008 Short URL:http://vator.tv/c/c7d
Profile creation: September 14, 2008 Last updated: February 09, 2010
Categories
Financial and Legal, Mobile services, Software, Software as a Service
Since founding bpCentral, our focus has been on increasing each user's competitive advantage each and every time they interact with one of our applications. Naturally, this involves more than simply enabling complex calculations to be performed accurately. In fact, during the first 12 months of developing our new technologies and applications, we put an inordinate amount of resources into discovering how to transform the relationships between idiosyncratic decision-makers and financial information. Our premise was that if that human to data relationship could be elevated to a new standard, then the relationships of those professionals with the entities and individuals they interact with could be more efficient and therefore more valuable.
In response, we developed CIMPA, the Carver Import Algorithm, a system that allows any electronic financial information, data or reports to be interpreted by a receiving system without the need for XML, XBRL, tagging approaches or extensive manual data entry. As a result of this technology, the Company's systems for private equity and venture capital professionals are able to import data in a matter of seconds, instead of a matter of hours.
Similarly, the Company noted that when users attempted to calculate the outcomes of complex liquidation preferences, anti-dilution provisions and other complex terms that are common to VC/PE transactions, any output was virtually impossible to verify without a costly audit of the formulas. Since the formulas were generally based in excel, this meant that few if any partners or other key investment professionals could afford to expend the effort to verify how amounts were arrived at. Upon further consideration, the Company realized that, to a certain extent, this was true of all financial reports. For traditional financial statements, this point is evidenced in the fact that notes to financial statements typically occupy several times more pages than the actual financial reports do. This realization inspired the Company to develop a system it calls OferX, which presents all financial information in a manner that allows any user to audit and see how amounts were calculated (in an easy to understand, quantifiable manner) without the need for extensive textual descriptions.
Together these unique tools form the foundation for the Company's offerings, which are backed by over 29 patent pending technologies.
Very glad I brought multiple backup drives with me! Generally lug way more redundant stuff on extended trips than I end up using - now I know why :)
1 day ago
Liquid Scenarios, Inc. F/S Audit is complete today! Clean opinion. I'm working on investor deck, product specs, reviewing this wk's trials
on February 07
Bay Area tour continues today - investor mtg AM, cramming followups in mid-day, mtg with VA reseller in afternoon then deliverables in PM
on February 06
Lorenzo Carver, MS, MBA, CPA, is the inventor of bpCentral's Carver Import Algorithm, which enables importing financial reports in seconds, without data tagging or manual data entry, and converting them into interactive models anyone can use immediately. He has developed of over 200 strategic plans for information technology and life sciences companies and participated in over $1 billion in financing rounds as an advisor and planner. Noted as one of the Top 100 Free Sites by PC Magazine, Lorenzo authored and produced an online sample business plan used by well over 3,000,000 students, teachers and entrepreneurs. He conceived, designed, developed and coded an award winning small business valuation program used by thousands of entrepreneurs and advisors worldwide in 1999. Some other highlights include the following -
Designed and launched the first mobile product that enables modeling financing scenarios, acquisition and IPO scenarios on a handheld
Designed and launched two of the first software products in the world certified for Vista
In the summer of 2007, at a Microsoft event in front of a live audience, a 12-year old used a server version of Liquid Scenarios running on a beta of Windows Server 2008 to price over 100 exit scenarios, determine how much option holders would get across each of the sales values and whether or not warrant holders would convert on a cashless basis or if their warrant would expire worthless. This same analysis traditionally would take a CFO/CPA/CFA or venture fund analyst a week to complete. Using Liquid Scenarios the child was able to perform the same analysis in a matter of minutes
Microsoft subsequently published a case study showing how investment banker used a desktop version of Liquid Scenarios to achieve a 23,000% (230X) increase in productivity.
In the fall of 2007, Liquid Scenarios Server 2008 became the first financial business intelligence solution in the world certified on Microsoft's Windows Server 2008, ahead of BEA Systems and Hyperion (now Oracle)
Developed strategic business plans for Alienware (acquired by Dell), ConstructionNet (acquire by McGraw Hill), developers of the first music DRM deployed by major record labels in the US, the founder of Chiron, a founder of Register.com, the first portable thin tissue scanning device to receive 510K clearance in the US, numerous subsidiaries acquired and disposed of by WellPoint (WLP), with many former clients appearing on the Inc. 500 list
Turned $80K of business plan service proceeds into $72 million in market cap over the course of 10 months
o Used stock-only compensation to recruit an entire executive team, including the former CEO of a $6 billion revenue NYSE traded company and a former faculty member of the Defense Research Staff of the Massachusetts Institute of Technology
Provided assurance and advisory services at Arthur Andersen's Enterprise Group on clients, IPOs and projects including Vermeer Technologies (the creators of FrontPage, acquired by Microsoft) Genome Therapeutics IPO, Hybridon's IPO, Open Software Foundation, multiple venture capital funds, Boston Acoustics (Nasdaq, BOSA), Concord Communications, Inc. (Nasdaq: CCRD) and Goldhirsh Publishing (original publisher of Inc. Magazine, now owned Mansueto Venture, publishers of Fast Company)
Just this week, I met with a company who had spent a few days cleaning up their capitalization tables and still had no way to map out a variety of possible funding events, exit scenarios or impact on founders and current round shareholders. With Liquid Scenarios their CFO or other team member could have done the clean up and had 1000x more value from the numbers derived and see what reality each decision they were making will have on these stakeholders. These are multi-million dollar decisions being made and I know the software is cost effective even if these decisions were in the hundreds of thousands. I am on a personal mission to help them save time, money and dignity by getting access to Liquid Scenarios.
Liquid Scenarios is providing analysis for our Vator Box shows. Please take a look. The Liquid Scenarios team really provide some good content for anyone trying to figure out comparable valuations and exit scenarios.
I am not a VC but anyone with a fundamental understanding of capitalization will find Liquid Scenarios refreshing. Liquid Scenarios takes away the pain of muddling around in spreadsheets. With visual dashboards, flexibility and speed of running several variations the user can really start to look into the future and explore multiple various scenarios and exit strategies. More time can be spent evaluating the analysis rather than doing it or honing ones skills in Excel. As with any good modelling tool it both helps and educates the users. Capitalization Modelling as it should be!
Seasoned Venture Capitalist, Best Selling Technology Author and Experienced CFO Talk About Conquering Uncertainty With Liquid Scenarios
Posted: September 14, 2008
(10654 views)
How To Value A Private Company's Stock? (Such As Twitter's)
Posted: December 08, 2009
(177 views)
Investor Saves $20K to $30K per Deal Using Liquid Scenarios Mobile (Brand New Microsoft Case Study from 10/2008)
Posted: October 20, 2008
(146 views)
Microsoft Case Study - Investment Banker Gets 23,000% Productivity Increase
Posted: October 08, 2008
(108 views)
Intel Certified Multicore Processing eBook (Liquid Scenarios logo on Page 9 :)
Posted: June 18, 2009
(91 views)
Redmond Channel Magazine Feb 09 Article on Liquid Scenarios/bpCentral
Posted: January 29, 2009
(82 views)
From Stanford Summit - AO250 Copied Pasted Transformed To 250 Financial Models
Posted: August 10, 2009
(14 views)
RockYou Hypothetical "Search2Model - Server Generated
Posted: August 10, 2009
(5 views)
Carver Import Algorithm In 3 Seconds Pulls Spreadsheet Data Into Intelligent Database, Interactive Dashboard
Posted: August 10, 2009
(46 views)
Bridge Bank / TARP Model Generated In Liquid Scenarios
Posted: August 10, 2009
(9 views)
Lorenzo's Vator testimonial
Posted: August 07, 2009
(46 views)
May 14th VC IPO Webinar - The IPO Market Impacts Every Startups - Sponsored By Microsoft, Microsel and Liquid Scenarios
Posted: May 03, 2009
(113 views)
IPO Event - May 14th, Boulder - 1 Page Flyer - Sponsored by Microsoft, Microsel and Liquid Scenarios - Web Portion Hosted by Meliza Solan
Posted: May 03, 2009
(90 views)
VSee's Video Conferencing used by Angelina Jolie and the UN (photo)
Posted: July 24, 2009
(299 views)
Intel ISPP Search2Model Technology
Posted: October 09, 2008
(40 views)
Intel Success Story on Liquid Scenarios
Posted: October 22, 2008
(87 views)
Yapta Analysis Using Search2Model Technology from Liquid Scenarios
Posted: October 08, 2008
(7 views)
Search2Model - See Into The Future
Posted: September 24, 2008
(22 views)
Preview of Click and Model Technology
Posted: September 16, 2008
(30 views)
Company Name Becomes Dynamic Model in Less Than 1 Second
Posted: September 16, 2008
(12 views)
1 Click Payback Early Users Realized
Posted: September 14, 2008
(4 views)
Our Technology Is Based on Transforming Ad Hoc Data Into Interactive Models With As Little Human Interaction As Possible
Posted: September 14, 2008
(4 views)
Version 1 of Our Technology Exports Results to Microsoft Office
Posted: September 14, 2008
(3 views)
An Intern Does 10 One Week of Deal Analysis in 10 Seconds Using Version One of Our Technology (Today, an elementary student that can type a company name can do the same analysis)
Posted: September 14, 2008
(4 views)
Animated Overview of the First Mobile Product For Modeling Venture Capital and High Growth Company Transactions
Posted: September 14, 2008
(8 views)
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