Holmes uses app footage to plot Slater’s demise

first_imgHolmes’ sparkling form to end 2018 sees him on track to become one of the Telstra Premiership’s elite No.1s, just as Slater wraps up a storied career that has helped redefine fullback play in the modern era.The Sharks custodian has been as keen a student of Slater as any, with Cronulla’s coaching staff preparing specific tutorial footage of the Melbourne maestro for Holmes to pore over.”We have an analyser app the coaches show us that they cut up some videos for me to look at,” Holmes said.”It’s not just [Slater], but Darius Boyd and even Tom Trbojevic, Tedesco and all those guys. I’m trying to see what they’re doing.”They’ve had pretty good careers and good years this year. I mixed my game into what they’re doing.”Holmes will not only have a front-row seat for Slater’s show at AAMI Park, but will be trying to bring the curtain down on the Storm champion’s career in Friday’s grand final qualifier.He has had plenty of chances to pick Slater’s brain in Queensland and Australian camps as well, but chose to sit back and watch for the most part during the Maroons most recent campaign.”Every now and then and after training I was asking a few questions defensively and why he went to certain position and why he pushed the forwards certain ways,” Holmes said.”He was working with KP (Kalyn Ponga) at the time because he was coming on as a lock, ball-playing second-rower like Michael Morgan usually does.”I didn’t want to intrude on his preparation, but whenever I could I asked but more so just watched and learned.”Along with Ponga, Holmes is in line to claim Slater’s Maroons jersey next year, while Roosters star James Tedesco is a slight front-runner for the green and gold No.1 in the Kangaroos’ end-of-season Tests.A Townsville youngster before shipping down to Cronulla as a junior, Holmes counts Slater and North Queensland favourite son Matty Bowen as his childhood idols.But with another grand final appearance on the line, the 23-year-old has no qualms about denying Slater a crack at a fairy tale farewell.”He’s obviously from Innisfail which is only up the road from where I was from,” Holmes said.”He was definitely a player I idolised, him and Matty Bowen. I’ve been lucky enough to play alongside and against him as well… They want to send him out like the champion he is.”I’m sure if we win he’s not going to be too disappointed with his career. I feel like he’s had quite a good career and he’s done a lot of things and it’s not going to be an easy task.”last_img read more

Lyceum holds off San Sebastian in season opener

first_imgPutin’s, Xi’s ruler-for-life moves pose challenges to West The Pirates were in a pinch at the start of the fourth quarter after the Stags came away with four straight steals to on a 9-1 run to take a 69-68 lead in the period.Allyn Bulanadi then gave the Stags a 75-74 lead with another transition basket but that was San Sebastian’s final taste of momentum as the Pirates methodically fought back.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folkSPORTSTim Cone still willing to coach Gilas but admits decision won’t be ‘simple yes or no’Spencer Pretta’s three-pointer gave Lyceum an 82-77 lead with 2:10 left in the game before MJ Ayaay’s baseline floater with 28.3 seconds remaining in the fourth becoming the game’s final field goal.“It was kind of ugly but we’re going to take the bad with the good, it’s as if we gave San Sebasitan a Christmas treat,” said Lyceum head coach Topex Robinson. “We found a way to get a win, and we couldn’t be any happier than that.” Sports Related Videospowered by AdSparcRead Next Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award Volcano watch: Island fissures steaming, lake water receding In fight vs corruption, Duterte now points to Ayala, MVP companies as ‘big fish’ Trump assembles a made-for-TV impeachment defense team CJ Perez filled the stat sheets for the Pirates finishing with 15 points, six rebounds, four assists, and five steals while Jaycee Marcelino added 13 points, six boards, and four dimes.Regille Ilagan had 18 points to pace the Stags while Michael Calisaan had 12 points and 12 boards. ‘High crimes and misdemeanors’: Trump impeachment trial begins Bolick rues San Beda’s five measly assists in opening win Nadine Lustre’s phone stolen in Brazilcenter_img Report: Disney dropping the ‘Fox’ from movie studio names LATEST STORIES Palace OKs total deployment ban on Kuwait OFWs For the complete collegiate sports coverage including scores, schedules and stories, visit Inquirer Varsity. Don’t miss out on the latest news and information. MOST READ Mike Nzeusseu. Photo by Tristan Tamayo/INQUIRER.netLyceum started off its campaign on a good note after finishing off San Sebastian, 85-80, in its opening game in the NCAA Season 94 men’s basketball tournament Saturday at Mall of Asia Arena.Mike Harry Nzeusseu put up a 23-point, 20-rebound double-double to lead the Pirates in their opening win.ADVERTISEMENT Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew View commentslast_img read more

The Real Hero of District #16, Despite Political Defeat

first_imgCora Kukor Doryen “I am not only in sympathy but I also have this empathy for the mentally disabled.”Cora Kukor Doryen, a Montserrado County District #16 representative candidate, is considered by a lot of people in New Kru Town and surrounding communities as a true heroine for the mentally disabled and those addicted to drugs. And though the percentage of votes that she has received so far, according to NEC’s tally of the votes cast during last week’s electoral process, would indicate that she would not win the race, however, District #16 is proud of her, regardless of the final outcome.Way before the electoral process started and her bid to run was tabled, Madam Doryen has spent the past 20 years as a professional nurse and counselor, running her private clinic, Cora Medical Clinic. For the past 15 years in New Kru Town, her staff have treated many patients, regardless of whether they were able to afford medical expenses. The clinic stayed open during the Ebola crisis, though many clinics and health centers were closed.According to the passionate medical patron, some of the patients she worked with suffered from personality disorders, drug addiction and mental disability. Her work, she said, was not motivated by her duty as a nurse, or to save lives, but because of a personal experience she had in the past that still haunts her today.This disheartening story inspired her to take on the challenge of facing some of the most feared addicts and people wandering the streets of Liberia. She said she has never passed judgment on anyone who came to her for help.“I love my job, it’s far beyond rallying as a representative. I am into it because one of my nephews was addicted to drugs, and when he got sick really bad and died, I started telling people ‘if this boy was not in the street he wouldn’t have died.’”According to Cora, she tried to get her nephew off the street, “but it was difficult.” Putting herself in his shoes, she said she tried to see what led him to his death.A disabled man who passed as a result of neglect“I am not only in sympathy but I also have this empathy for the mentally disabled, those addicted to habits like gambling and drugs. Addiction is not just about drug use, there are people who are not taking drugs but are addicted to gambling. We have to change them under the programs I have begun, and would have leverage to do as the next representative,” she said.The community dwellers in New Kru Town, especially two drug infested communities called Fever Water and Zimbabwe, have gotten to know this determined leader. They say she has been ‘brave’ enough to walk into the communities to administer and seek those who need medical attention.“Da our old ma here oh,” said one of her outpatients. She comes to us everyday, allows us to come to her clinic to shower, clean up and stay if we are interested in changing. We need more people like her who are not afraid to touch us, listen to our hearts.”According to Cora, when she started working with addicts, she began cleaning and detoxing them, which led to their friends coming on board. “I want to see Liberia creating a new ministry – a Ministry of Mental Health and Social Welfare. If I become the next leader, I will pass a law that will bring the social welfare component and that of mental health together. We can do a lot if we have a mental health institution, have them counseled, and rehabilitate them. I believe with a three-year unit program, they will become worthy people; they already are in my eyes,” she added.Meanwhile, drug abuse and mental disability are very serious issues in the borough of New Kru Town, which has become infested with drugs and prostitution, with the affected being thrown out into the streets by their relatives.One problem leads to another, as these ‘social deviants’ become the reasons why community dwellers have sleepless nights guarding their windows and doors that are always tampered with by those needing money to support their habits.According to Cora, the majority of the youth in her community don’t just abuse drugs, but are also into gambling, a pastime that starts in children as young as eight years old.“They start off with paying marbles, then escalate to rolling dice and harsh drug intake. They are then kicked out to the streets. When that happens, they become helpless and a danger to society; and with the constant abuse they face and inflict on others, it has a toll on their mental ability. And of course, they then fall victims to mental disabilities,” she shared.“This,” she said, “will be controlled one day at a time,” whether she becomes a representative or not.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

Blackburn, Arsenal finish in scoreless tie

first_imgHector Reynoso Lopez, Alberto Medina and Mexican national-team hero Omar Bravo scored for Chivas, which trails first-place Atlas 5-4 on goal differential and leads Cruz Azul 4-2 on goal differential. Atlas defeated visiting UANL Tigres 2-0 on goals by Denis Ramon Caniza and Juan Carlos Medina. Cruz Azul played to a scoreless draw at home against Queretaro. In Group 3, Club America moved within a point of leader Morelia with a draw at Toluca. Morelia lost on the road to Chiapas. Spanish League: David Beckham was ejected in injury time and Real Madrid drew Real Betis 0-0 in Madrid, Spain, continuing its poor form at Santiago Bernabeu Stadiume. Beckham, making his 150th appearance for Madrid, felled Betis substitute Isidoro Gomez with a wild tackle from behind on the edge of Betis’ penalty area – after receiving a challenge in which Beckham claimed a penalty. Beckham, who joins the Galaxy in August, was playing his first home game for nearly two months after his recent recall by coach Fabio Capello. “I think the referee was too hasty in sending Beckham off,” Capello said. “I’ve just seen it again on TV and it doesn’t seem a foul which was serious enough to get a red card. Referees – let’s leave it like this – don’t help us at the Bernabeu.” Madrid has won only five of 11 games at its stadium this season, scoring 12 goals for the worst total in its history. Madrid stayed in third place, four points behind leader Barcelona, which visits Valencia today. Barcelona has 46 points and Sevilla 43. Madrid is next with 42 points, three more than Valencia and Atletico Madrid. Serie A: Ronaldo scored twice and set up another goal in Milan, Italy, to help AC Milan beat Siena 4-3 in the Serie A. The Brazilian forward opened with a header in the 15th minute and tapped in his second goal with 9 minutes to play. He set up partner Ricardo Oliveira in the 28th. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! Middlesbrough tied 2-2 at home against championship club West Bromwich Albion, which twice rallied at the Riverside stadium. Friedel kept out shots from Tomas Rosicky, Thierry Henry and Justin Hoyte to set up a rematch at Blackburn on Feb.28. U.S. goalkeeper Brad Friedel made three big saves in the last 6 minutes and Blackburn held Arsenal to a scoreless draw in the fifth round of the FA Cup in London on Saturday, when Reading drew with Manchester United 1-1. Chelsea cruised into the quarterfinals with a 4-0 victory over League Championship club Norwich, and Watford, last in the English Premier League, edged another second-tier club, beating Ipswich 1-0. center_img Blackburn was ecstatic with the result after losing its previous match at Emirates Stadium 6-2 in December. “The last time we came here we took six,” Friedel said. “We wanted to impose ourselves defensively. We were not at our best against Leverkusen and I was really pleased to see the lads play like that today. “It wasn’t true Blackburn Rovers – we have been far more attacking – but we had to tighten up at the back and we did that today.” Man United went ahead with the final kick of the first half, Michael Carrick’s 25-yard shot. Reading, which started many of its reserves, leveled in the 67th on Brynjar Gunnarsson’s header. Mexican League: Chivas de la Guadalajara, Mexico’s most popular club, moved into second place in Group 1 of the Mexican Premier Division Clausura with a 3-0 victory against host Atlante. last_img read more

Jurgen Klopp insists he has full say on Liverpool transfers despite Brendan Rodgers’ claims

first_img Jurgen Klopp 1 Liverpool manager Jurgen Klopp has reiterated his insistence he is in charge of transfers after predecessor Brendan Rodgers claimed players were forced upon him.In an interview on Sunday Rodgers cited the example of Mario Balotelli, currently on loan at AC Milan after a poor debut season at Anfield, as a situation where he had no control over signings.“He wasn’t someone I felt was suited or fitted the profile of what we were after but the ownership thought this is a £50million player that they can bring in for £16million. When the owners want you to go down that route and there are no other options, you give it a go,” he said.Liverpool’s transfer committee, made up of the manager, members of the scouting department and senior management, has come in for much criticism after a raft of mediocre signings.Klopp admits there are certain parameters within which he must work but was unequivocal on who has the final word.“If I say, for example, we take Zlatan Ibrahimovic, who is 35, and we would have to pay £100million then maybe I should ask before I sign him,” he said.“But it is as it is when I said on the first day I came here; it is like I used to work.“Sometimes my staff and myself have an idea with a player we know or heard about and we collect some information about this.“If I don’t want the player to come here he will not come and if the player I want does not fit our budget then he will not come too. That is absolutely normal.”There is no doubt Liverpool do need new recruits in the summer but goalkeeper will not be one of them after Simon Mignolet signed a new five-year contract.The Belgium international is second only to Manchester City’s Joe Hart in terms of clean sheets in the last couple of years but he has come in for criticism for a number of errors and unconvincing performances but none of that has worried Klopp.“We will not have offered him a contract if we had the same thinking (as his critics) – a lot of people who speak about this situation always talk about new goalkeepers,” said the Reds boss.“But when I came here I heard nothing negative about Simon with all the people I spoke to. There was nothing to criticise.“There have been a lot of games since I have been here and he has been involved in one or the other goal we have conceded – as is normal with goalkeepers – but we thought about the package and Simon Mignolet is perfect.“He is a smart guy, young enough to develop in the things he has to develop and he gives the whole team a good feeling when he is in the starting line-up.“The result was we were sure we wanted to work with him for the next few years. We are satisfied with this position.”last_img read more

Magic 103, Warriors 96: Warriors unravel without Kevin Durant

first_imgORLANDO — Normally, Stephen Curry plays with joy. Following the Warriors’ 103-96 loss to the Orlando Magic on Thursday, though, Curry felt nothing but frustration.“Steph’s in there; he’s beating himself up a little bit,” said Warriors coach Steve Kerr as he motioned his head toward the locker room. “He knows he had a lot of open shots tonight that didn’t go.”The Warriors played without two key playmakers Kevin Durant (rest) and Andre Iguodala (illness), the latest sign of a …last_img read more

Allsorts® Navy Headband Aliceband Hat Fascinator Wedding Ladies Day Race Royal Ascot : Arrived quickly and in a lovely clear box for easy storage. Perfect for me

first_imgThis facinator is good for a wedding. Couldn’t believe the top quality for the value. It sat beautifully all day and i got loads of compliments.Ideal little wedding head costume. . Fantastic and just as described. It arrived ‘flat packed’ which is pretty helpful as i have to pack it to acquire to the operate. It will be simple to fluff up. Really great price and excellent support.Allsorts® Navy Headband Aliceband Hat Fascinator Wedding Ladies Day Race Royal AscotNavy Aliceband FascinatorPerfect for all occasionsWe have a large range of fascinators in storeAwesome, neat very little fascinator. Good, neat little fascinator. Best for the supposed outfit. Had to eliminate it soon after about three hours dress in as the band was hurting guiding my ears.Really neat little head gown with a really comfortable headband. S shopping mall sufficient to don back again or. Extremely neat very little head dress with a very snug headband. S shopping mall sufficient to wear back or font of the head. Really joyful with this acquire. I clicked one star by oversight. Hope this is modified to mirror the correction.Great benefit for funds – appears to be like a lot far more high priced than it was. Have gained loads of compliments about it at the two weddings i have worn it to. It appears fashionable and suits all around the head properly. Immediately after a entire day/night the ends of the hair band dig in a tiny but a little value to pay out.Allsorts® Navy Headband Aliceband Hat Fascinator Wedding Ladies Day Race Royal Ascot : Fantastic fasinator, bought for ladies day at aintree i didnt know i had it on, it didnt dig in behind the ears like some alice bands do. It was just the right size not too big or flamboyant. Will definatlely use this site again, great value for money. The substance was badly damaged (squashed) and as a consequence. The materials was poorly damaged (squashed) and as a end result won’t sit really very well. Also the glue has come unfastened that retains the material to the alice band. I will have to try and re-glue this down as you would not be in a position to wear it unless it is re-glued.Best to compliment my wedding outfit. I had seemed almost everywhere for a fascinator that wasn’t to massive and this was wonderful, pretty well created, appears to be a large amount a lot more costly than it was, just what i was hunting for.I was a little bit not sure about ordering this devoid of trying it on but made a decision to get it right after looking through the assessments and i’m glad i did. I wore it the full day and evening it was so cozy that i forgot i experienced it on. Excellent top quality for the price tag.Great product or service for wonderful price tag. My mam bought this for my sister’s wedding to match her outfit seemed lovely on and went nicely with her costume. Specially when you for want to shell out by way of the roof for a little something you may only have on the moment.I purchased this for a wedding, not wanting to search also grand as a single of the company but dressy plenty of to impress. I am so thrilled with this buy. I thought the web style could possibly make it look a minimal less darkish navy but no, it is dark navy and blends in completely with my add-ons of the very same color. It is a perfect dimension to appear amazing but not over the best. The feathers are evident but delicate and compliment the web layout correctly. The hairband it is on is sturdy and comfy and it is mounted extremely safely so no probability of it slipping on the day. I just can’t believe the rate of this as it seems so a lot extra high priced. As if i have to have to insert anymore to this five* review, i would like to thank the seller as i compensated nicely fewer than a pound for express shipping and delivery and it arrived inside of 36 hours of buying.Excellent excellent, won’t be able to hold out for the wedding to put on it. Ideal hair fascinator, just the ideal dimensions. Colour the similar as image, it arrived in fantastic situation i propose buying from them rather of heading to the superior road and shelling out £30+.Very delighted with this fascinator, arrived promptly, looks and matches truly awesome, just the suitable dimensions as i have pretty type cropped hair and was anxious what it would seem like, but it seems definitely lively.Arrived quickly and in a lovely apparent box for straightforward storage. Arrived promptly and in a pretty distinct box for straightforward storage. Fantastic for me, just what i wanted and pretty at ease to have on.Great value and appears to be like great. Great price for the cash, my daughter wanted it for a extravagant wedding, arrived in a pair of days and extremely very well packaged.Fascinator arrived the day following i experienced requested it. Arrived perfectly packaged and secured. Can’t tell you how amazed i was at the high-quality of it. Seems to be certainly pretty and just as good as some of the a lot much more costly ones i experienced viewed in the stores. Value just about every penny, great seller.I introduced this to have on at my daughters wedding. I required one thing that was unobtrusive but appeared good. It sits close to the head, stays place and is relaxed to dress in. I would purchase from this corporation all over again.Excellent selling price, very pleased with the hessian content produced. Attractive, wonderful price tag, incredibly pleased with the hessian substance manufactured it look a lot more costly than it was.Acquired for nephews wedding in oct, genuinely delighted with this fascinator as it is not over the best and feels truly snug to don. Excellent assistance arrived when they stated it would.For a friend’s wedding last minute and it was excellent. Not much too massive and suit beautifully. I purchased this for a friend’s wedding final minute and it was terrific. Not way too major and suit completely, i did not have any agony sporting it at all and was carrying it for in excess of twelve hrs. I paid for more quickly shipping and delivery and it came on time.Wore this as a bridesmaid to a wedding. Very tasteful and delicate, devoid of having about your entire head.These kinds of a very good price tag way too – you spend triple if not additional the cost for a extremely comparable fascinator on the substantial avenue.I like this since i can fold it flat and place in my bag. Excellent colour match for a navy outfit.last_img read more

Chardon High School takes top honors in 2017 Envirothon

first_imgShare Facebook Twitter Google + LinkedIn Pinterest A five-member team of students from Chardon High School in Chardon, Ohio, outscored 19 other teams at the 2017 Ohio Envirothon competition, held June 12 and 13 at Ohio Christian University.“The Envirothon is a great hands-on learning experience for high schools students, educating youth on the importance of protecting the future of our natural resources,” said Emily Heppner, environmental education coordinator at the Ohio Department of Agriculture’s (ODA) Division of Soil and Water Conservation. “The Envirothon is also a great networking opportunity for students to meet other students from across the state, and it introduces them to potential career opportunities in the field of natural resource management.”The victorious Chardon High School students, under the leadership of teacher/advisor Marilyn Rohr are Nicholas Schragal, Jason Tysl, Richard Wainio, Emily Munoz, and Heather Humbert. As first place winners, the team receives $300 and a plaque.The Wynford High School team from Crawford County took second place, and the Centerville School team from Montgomery County placed third. Over 300 teams of students from across the state participated in local and regional competitions to earn the opportunity to be one of the 20 teams competing at the state event. On Monday, June 12, teams were tested on natural resource categories such as forestry, wildlife, aquatic ecology and soils and land use. On Tuesday, June 13 they gave oral presentations before a panel of judges based upon this year’s current environmental issue: Agricultural Soil and Water Conservation Stewardship.This year’s competitors included Wynford, Fort Jennings, Miller City and Upper Sandusky from northwest Ohio; LaBrae, Crestwood, Chardon and Perry from northeast Ohio; Fort Frye, Granville, East Knox and Indian Valley from east- central Ohio; Bellefontaine, Centerville, Anna and Franklin from southeast Ohio; and Amanda Clearcreek, Chief Logan, Delaware Area Career Center and Lynchburg Clay from southwest Ohio.Chardon will have the opportunity to compete at the NCF Envirothon the last week of July. The contest will be held at Mount St. Mary’s University in Emmitsburg, Maryland. To learn more, visit http://www.envirothon.org/ or http://ofswcd.org/.The Ohio Envirothon program is sponsored by the Ohio Federation of Soil and Water Conservation Districts and Ohio Department of Agriculture’s Division of Soil and Water Conservation. Other major sponsors include Ohio Department of Natural Resource’s Divisions of Wildlife and Forestry, Ohio EPA’s Environmental Education Fund, USDA’s Natural Resources Conservation Service, and The Ohio State University School of Environment and Natural Resources.last_img read more

Planning Your Exit

first_imgWhy Tech Companies Need Simpler Terms of Servic… Top Reasons to Go With Managed WordPress Hosting What If Those Four Pieces Are MissingIf you have all those pieces in place, you will have built the perfect venture, and any competent investment banker will be able to get you a great deal.What if only some of these pieces are in place? The result depends on how many pieces are missing. Most exits can be put into one of the following categories:Liquidation, which is opposite to the sky-high deal (described above) on the spectrum. Your goal here is simply to pay off creditors. Investors and the management team lose everything.Investors get their money back (through Liquidation Preference), and the founders (management team) get nothing. The consolation for the founders is that their reputations remain intact.A reasonable return for all, which happens when you have perhaps only two out of the four pieces in place.Sky high, when all four pieces are in place.The One Piece You MUST Have in PlaceYou must have either positive cash flow or so much cash in the bank that even the most skeptical analyst believes your runway is long enough for you to lift off.If you have neither, you had better be a superb poker player and lucky. Yes, both!Three Things to Prepare EarlyEliminate any due diligence show-stoppers. You don’t want something that you could have easily fixed early on killing the deal at the 11th hour. That something could be a litigation-related issue, the poor reputation of a team member, a corporate structure that doesn’t sit well with the buyers, anything. A good investment banker or deal specialist can help with this.Get to know some investment bankers. Get to know the ones in your market early on; you can decide on one when you are closer to exiting. Investment bankers do the same thing themselves; expect a lengthy but low-maintenance courtship. You can get some free advice and good lunches, and you will be able to make a better call on whom to choose when the time comes.Do some real work with potential acquirers. See point #3 in the first section above: allow potential buyers to get to know you over time.TimingVenture investors usually like a return within five years because this is how they plan their funds, but the range is usually more like two to seven years, and some go way beyond that. Essentially, holding on longer is much better if you can reasonably expect your venture and/or the market to improve.Don’t set an exit date. Your venture’s momentum will determine the timing. bernard lunn A Web Developer’s New Best Friend is the AI Wai… Markets can change and growth can slow,Investors want their return sooner than later,Buyers of early-stage ventures buy more on future expectations than past results.center_img Tags:#Gritty Entrepreneurs#NYT#start#StartUp 101 Related Posts This is one post/chapter in a serialized book called Startup 101. For the introduction and table of contents, please click here.If you have raised money from investors, you will need to sell the company at some point for them to get a financial return. It’s simple: if you don’t want to sell your company, then don’t raise external equity capital; if you want to maintain control indefinitely, then opt to incur debt instead (and meet your debt covenants). You may find an unusual breed of equity investor who is looking for long-term dividends. But the normal deal with venture investors is to sell the company within approximately five years so that they can get a capital gain.Four Tips to Get a Sky-High ValuationEver hear about those deals that have sky-high valuations at exit? How do they do that? Here are the four things you need to do:Create competition for a critical scarce asset. The best exits come when two Goliaths fight in a market and you have that one critical strategic thing (customers, users, technology, whatever) that makes the difference. Two Goliaths are sufficient as long as they really hate each other and the market is big and the winner is undecided. Having a scarce asset means that you have already beaten the other early-stage ventures: you are the declared winner of the new kids in town.Make sure time is on your side. If you are burning cash and your current investors are less than supportive, even the hottest negotiator will fail to get a great exit deal. You need positive cash flow from operations. That will put time on your side. If the markets crash or your sector falls out of fashion or the offers you get are not good enough, you can just hold on until the right deal comes along.Enable potential buyers to get to know you over time. Deals don’t get made overnight. The final haggling happens quickly but usually after a long courtship. And during most of the courtship, neither party explicitly talks about acquisition (yes, it is like dating). Instead you do some business together, discuss synergy and partnerships, etc. This gives the buyer’s negotiator the support for the deal they need to justify a big valuation. A lot of the managers there should be saying “We need these guys.”Exit early in your hockey-stick-like growth. If you are saying, “We’ll grow fast when X happens,” you’re leaving room for skepticism. If X is expected to come from the buyer, then your negotiating position is weak. Your metric for growth could be used as a proxy for revenue if you’re in the late stage of a bull market (i.e. a bubble). But in a normal market, real revenue and even profit growth determine valuation. The good thing about selling in a down market is that expectations are lower. When flat is the new 30% growth, you will get a big premium if your growth is 50%. Why not exit later? Three reasons: 8 Best WordPress Hosting Solutions on the Marketlast_img read more

How Andreessen-Horowitz Picked Its First Cloud Investment

first_imgTags:#Analysis#cloud Why Tech Companies Need Simpler Terms of Servic… Top Reasons to Go With Managed WordPress Hosting 8 Best WordPress Hosting Solutions on the Market audrey watterscenter_img Related Posts A Web Developer’s New Best Friend is the AI Wai… On Monday, the cloud application management service Oktaannounced that it had secured a $10 million series A investment earlier this year led by Andressen-Horowitz. Okta allows companies to control their users, applications, and data both in the cloud and behind the firewall.Following the announcement, Ben Horowitz updated his blog with an explanation for the VC firm’s decision to back Okta. It’s a notable investment for two reasons: Firstly, Okta’s funding marks Andreessen-Horowitz’s first investment in the sector. As the firm has backed startups like Foursquare and Zynga, the move is a strong signal. And secondly, Horowitz himself was the founder and former CEO of Loudcloud, one of the original cloud computing companies. “I am,” he writes, ” considered somewhat of a domain expert in all things ‘cloud.’”As Horowitz notes, “our investment thesis starts, as always, with the entrepreneur.” Okta’s founding CEO Todd McKinnon ran Salesforce’s engineering team, and Horowitz describes him as one of the most astute engineering managers he’s ever worked with.McKinnon and Okta’s skill is being used to address what Horowitz calls “the cloud identity problem,” a problem that is different in the cloud than it is on-premise. Problems that have long been resolved – access to email, files, printers – remain issues in the cloud. Horowitz says, “I really like the market, because the cloud identity market will likely become the cloud management market. Given that those current markets combined are between $10B and $20B (depending on what you count), the resulting market will be extremely large.”While the Andreessen-Horowitz backing of Okta bodes well for the startup’s success, this positive investor statement is another strong endorsement for the expanding cloud sector as well.last_img read more