Many consumer Internet business executives are loyalists of the Lifetime Value model, often referred to as the LTV model or formula. Lifetime value is the net present value of the profit stream o...
“Well I was born in a small town And I live in a small town Prob’ly die in a small town Oh, those small – communities” — Small Town, John Mellencamp While “Social-Mobile-Local” is ...
This morning, Intuit announced its agreement to acquire one of Benchmark’s portfolio companies, Demandforce, for $424mm. As with Instagram, Benchmark Capital is the largest institutional invest...
https://abovecrowd.wordpress.com/2012/04/27/intuit-to-acquire-demandforce-for-424mm/
For the past two months, I changed the default search engine on my browser (ironically Chrome) from Google to Bing. I have used Bing almost exclusively for this period, and have two quick conclus...
https://abovecrowd.wordpress.com/2012/04/19/my-life-with-bing/
A few relevant scenes from the recent blockbuster Moneyball: Peter Brand: Billy, Pena is an All Star. Okay? And if you dump him and this Hatteberg thing doesn’t work out the way that we w...
Back in October, Techcrunch announced that Dropbox had raised $250mm at a seemingly absurd valuation. Many firms, including my firm Benchmark Capital, participated. When this happened, many peopl...
https://abovecrowd.wordpress.com/2012/02/23/why-dropbox-is-a-major-disruption/
Attached are my thoughts on the Facebook S-1 along with some quick stabs at valuation. Brief disclosure, Benchmark Capital has a minority position in Facebook as a result of the acquisition of...
https://abovecrowd.wordpress.com/2012/02/01/why-facebook-clearly-belongs-in-the-10x-revenue-club/
Each January, being the season of New Year’s resolutions, it is common to find people you know discussing the pros and cons of various dietary pursuits. Individuals across the globe are ...
https://abovecrowd.wordpress.com/2012/01/05/thinking-about-diets-and-other-complex-matters/
Frequent comparisons to Facebook leave many confused about the true value of Twitter. “In a brand new direction A change of perception On a brand new trajection” – UB40 Twitter is having ...
https://abovecrowd.wordpress.com/2011/11/15/you-dont-have-to-tweet-to-twitter/
In addition to inspiring others and building breakthrough new products, he also lit up the biggest scoreboard in business…the company’s market capitalization…(courtesy of Forbes):
https://abovecrowd.wordpress.com/2011/10/09/steves-jobs-remarkable-value-creation/