Some learnings from the ex-Jobster CEO.

Quoted: I learned many valuable lessons at Jobster which I will take with me as I start my next company and my next and my next.

A nice, although not comprehensive, recap.

Quoted: The list is not meant to be comprehensive, but rather to give a flavor for the deals that went down in 2007. The year started out with eBay’s acquisition of StubHub and rumors of its StumbleUpon deal

Quoted: Of the 26 companies that I consider realized or effectively realized in my personal track record, 17 of them made complete transformations or partial transformations of their businesses between the time we invested and the time we sold. That means there a 2/3 chance you’ll have to significantly reinvent your business between the time you take a venture capital investment and when you exit your business.
...
My friend Dick Costolo, co-founder of FeedBurner, describes a startup as the process of going down lots of dark alleys only to find that they are dead ends. Dick describes the art of a successful deal as figuring out they are dead ends quickly and trying another and another until you find the one paved with gold.

John Li of Menuism (http://menuism.com) summarizes a talk by Ben Elowitz of Wetpaint (http://wetpaint.com )...

Quoted: Nothing’s bold when everything’s bold. You’re not trying to be everything to everyone, so figure out your differentiator. It doesn’t have to be some crazy new technology - just pick the one thing that you’re gonna do better than anyone else in your market.

http://www.business.com/info/advertisewithus.asp

Quoted: Business.com now has EBITDA of around $15 million/year. A $400 million acquisition price is a 26 multiple on current profits, which is on the high end of current valuations.