Searching...
18 results for “market maturity”
“Why market maturity matters more than your product roadmap”
...the maturity of the market that you're in, and it's kind of, like, taking the context of where you're investing, not just what you're investing into? That's absolutely, yeah, a great way to say it. I
20:50 / 21:24
framework20:50 – 21:24
“Why going deep beats going wide in today's mature startup market”
...a market that's become much more mature and vast, I think starting in a focused way and becoming an expert in a couple of areas, allowing you to go deep is probably the best way to start. And and the
18:29 / 19:03
tactical advice18:29 – 19:03
...market, EBITDA is challenged. I mean, there's no other way to put it. I think over the measurement period in the most recent data, EBITDA has been down 25% since 2019. That's really a difficult place to exist. Margins in the middle market are also mu
7:28 / 8:32
from transcript7:28 – 8:32
...multiple, the IPO is not that attractive. They end up selling at some discount to some public peer that trades at a significantly higher multiple. And it feels like it's leaving crumbs in the table in terms of the return profile. This is getting brou
46:30 / 47:30
from transcript46:30 – 47:30
...markets, I think it does become there's a tipping point beyond which it's no longer acceptable. And that goes back to the very challenging conversations
22:34 / 23:34
from transcript22:34 – 23:34
...middle market EBITDA essentially deteriorates every year. It just gets worse and worse and worse. Now we compare that data versus public filers, and we look at the Russell 3,000. So in that same period, those companies have public market access. So t
6:45 / 7:47
from transcript6:45 – 7:47
...of the total market capitalization. And there's a couple of things, though, to keep in mind. I think the company wants to keep a balance sheet that's as strong as it can be, mostly to develop the prime brokerage and hedge funds business. And one of t
32:10 / 33:22
from transcript32:10 – 33:22
...public markets converging. He really focuses on liquidity. And again, it goes back to that original quote about the early days at Drexel of understanding this trade off between risk, liquidity, and credit. Rowan's argument is basically, if you're a r
45:44 / 46:52
from transcript45:44 – 46:52
...marketing for customers hiring, and also liquidity for shareholders, investors, and employees. So those were some of the qualitative factors. Now we're gonna walk you through the metrics that matter, for an IPO over time. Thank you, Kathy. Thanks, Al
5:59 / 7:05
from transcript5:59 – 7:05
And therefore, launching extremely big special dividends or share repurchase programs is not necessarily doable until the float of a business is increased. So we, like many other external investors, we are looking at the topic. We do believe over tim
33:41 / 34:46
from transcript33:41 – 34:46
...from a hundred million to one billion enterprise value. And it is astounding that for each of the last three years, 56 to 58% of companies that came to market did not sell. Really? I've been doing this since 1989. I would guess an average would be 10
7:34 / 8:44
from transcript7:34 – 8:44
...market type company. And when I say public market type company, what does that mean? It's you are sustaining growth at a $102,100,000,000 plus of ARR. Right? Sustaining meaning you're growing, call it, thirty, forty, 50% plus. The universe of compani
26:00 / 27:21
from transcript26:00 – 27:21
...and not market timing. You you also can't grow durably without strong unit economics. Successful multi product strategies, as we showed you with HubSpot, can grow your TAM and increase efficiency over time. And the absolute pace of revenue growth or
21:00 / 22:01
from transcript21:00 – 22:01
...entry that we've we've seen from private companies, you have the chance to sell a lot more than than you used to. How do you think about taking advantage of secondary markets pre going public and doing great returns to your investors? It's certainly
29:11 / 30:20
from transcript29:11 – 30:20
...limiting the market's potential for fair and valuable liquidity, I think.
9:37 / 10:56
from transcript9:37 – 10:56
...markets. Ample liquidity for those that want it. Very active secondary markets if they need to. Why would we go public as John said alone? Want some fucking 30 year old analyst at some big bank telling me that I should increase sales? Yeah. I mean, I
41:57 / 43:17
from transcript41:57 – 43:17
...in the public markets in the coming years. And maybe I'd focus your attention on the right side, which is, you know, if you just took a four box of, like, low growth, high growth, low margin, high margin, and paired up those types of companies, this
26:11 / 27:20
from transcript26:11 – 27:20
...markets where you can sell cell gel. Obviously, there's Rofer and so on the company has. I do think,
1:02:41 / 1:04:05
from transcript1:02:41 – 1:04:05
Have a podcast?
Run your podcast through Clypt
Get ranked clips, hooks, and ready-to-post copy from your own episodes. Free to try.