About Bernard Lunn

Bernard Lunn is a guest author at ReadWriteWeb, after previously serving as Chief Operating Officer. Bernard is a serial entrepreneur and business adviser to start-ups. He is currently Co-Founder of CapitalMarkets.com and Editor Of SaaSInsights. Bernard is based in New York, was born in Berlin, has lived in and started companies in Asia and Europe as well as America; he is comfortable with globalization. He started in online publishing before the Internet (with Prestel in 1980!). You can reach Bernard Lunn at bernard dot lunn at gmail dot com.
Recent Articles by Bernard Lunn

The IPO market may seem like a dim and distant picture for most entrepreneurs in the hardscrabble world of an early stage start-up. How about “making payroll” as a big strategic objective? Or maybe your objective is “get enough money to pay for hosting, coffee and Ramen”? But a healthy IPO market, one that is...

I started my career in enterprise software in the 1980s and after some years working in other areas (outsourcing and online media) I am back in the enterprise software game. This post is my reflection on what is different and what remains the same. I have focused this as advice to entrepreneurs building enterprise software...

Small cap hell is where you end up in about six months after your IPO, when all the high fives and champagne have receded into a distant memory. Unless your company is big enough. How big is big enough? According to Investopedia, small cap refers to companies with "a market capitalization of between $300 million...

It looks like the joke may have been on me. When Yammer debuted from TC50 in 2008 I posted a very negative story. That is unusual. I am an entrepreneur and know how hard it is to build a startup so I love celebrating the success stories. In Yammer's case, it looks like I was...

The short answer is "as much as you need". The more tactical answer is "as much as you can raise cheaply". The latter is a pragmatic view. Raise more than you need when times are good. Just because you raise it does not mean you need to spend it - capital efficiency is always good!...
Bernard Lunn Story Archive
- Study: SaaS Pricing Is Still Opaque And Freemium Is Rare January 20, 2010 3:00 PM
- Technical Q&A With FAROO Founder December 5, 2009 1:00 PM
- XBRL: Accounting Geeks Get Radical November 28, 2009 7:22 PM
- Creathor Venture: European VC Moving to Federated Model for Global Expansion (RWS Interview) November 26, 2009 1:00 PM
- Microsoft Embraces Open Source (in the Online Ad Business) November 2, 2009 11:05 AM
- Email + CRM + LinkedIn + Twitter = Hustler's Power Drill October 28, 2009 4:30 PM
- Calendaring, Scheduling Meetings: Timebridge CEO Interview Reveals Strategic Importance of This Space October 27, 2009 5:00 PM
- Google Should Stop Playing Around With Wave and Focus on Spreadsheet October 14, 2009 9:00 AM
- Morpheus: Y Combinator-Like Incubator in India (RWS Interview) October 2, 2009 4:00 PM
- Twitter and Facebook Investment Terms and Game Plans September 28, 2009 6:00 PM
- Trading Scarcity: Is This the Killer App for the Real-Time Web? September 22, 2009 7:59 AM
- T-Mobile's Effective and Quietly Disruptive Wi-Fi Phone September 18, 2009 1:00 PM
- Where Is the Real-Time Web Message Bus? September 18, 2009 10:14 AM
- VC Series A Web Tech Deals in August September 15, 2009 8:00 AM
- Swiss Precision Meets Messy Innovation September 11, 2009 4:00 PM
- Do You Speak Global Innovation? September 10, 2009 7:00 PM
- Congratulations! What's Next? September 2, 2009 5:00 PM
- When and How Founders Should Hire a Professional CEO August 26, 2009 5:30 AM
- Bits of Destruction Hit the Book Publishing Business: Part 4 August 17, 2009 1:11 PM
- The Real-Time Web Is Not Hype: We Are All Traders Now August 14, 2009 2:00 PM
- Planning Your Exit August 13, 2009 2:00 PM
- VC Series A Web Tech Deals in July August 10, 2009 12:00 PM
- Who Has the Right VC Numbers and Who Cares? August 9, 2009 2:00 PM
- Maintain Focus, Health, and Passion During the Grind-It-Out Phase August 6, 2009 7:46 PM
- How to Scale Without Losing Your Shirt August 4, 2009 2:53 PM
- Bits of Destruction Hit the Book Publishing Business: Part 3 July 31, 2009 2:00 PM
- Three Steps to Building an Online Brand July 21, 2009 4:49 PM
- The ReadWriteWeb Q2 2009 VC Funding Report July 21, 2009 2:30 PM
- Who Is Pouring Enterprise Weedkiller and Why? July 18, 2009 10:00 AM
- InterWest Partners: Investing in Enterprise SaaS July 17, 2009 2:45 PM
- How to Build Age-Appropriate Processes July 16, 2009 5:17 PM
- Bits of Destruction Hit the Book Publishing Business: Part 2 July 16, 2009 3:35 PM
- Bits Of Destruction Hit the Book Publishing Business: Part 1 July 15, 2009 5:26 PM
- How to Hit Your Numbers July 14, 2009 5:35 PM
- Q2 Venture Capital (VC) Investment Jumps 61% To $5.3Bn July 14, 2009 4:37 AM
- How to Fire Non-Performers July 9, 2009 6:36 PM
- John Hagel Interview: Implications of the Shift Index for Enterprises July 9, 2009 4:24 PM
- How to Hire an A-Team July 7, 2009 6:19 PM
- How to Be an Effective CEO July 3, 2009 8:25 PM
- Learn to Negotiate and Close June 30, 2009 10:07 PM
- Why Enterprises Don't Like SaaS June 26, 2009 2:45 PM
- Venrock: Still Hustling After All These Years June 26, 2009 11:00 AM
- How Facebook Could Create a Revolution, Do Good, and Make Billions June 26, 2009 7:31 AM
- Build an Insanely Great Web Service June 25, 2009 2:30 PM
- Understand the Scale vs. Profitability Trade-Off June 23, 2009 12:37 PM
- Don't Let Yellow Press Standards Define the Future of Journalism June 22, 2009 4:20 PM
- XG Ventures: Leave Google and Start a VC Fund June 22, 2009 12:28 PM
- AdSense: The (Weak) Elephant in the Room June 20, 2009 9:00 AM
- Atlas Ventures: Successes in Europe's Mature Markets (RWS Interview) June 19, 2009 4:00 PM
- How Not to Get Screwed by VCs June 18, 2009 6:35 PM
- Wired's First "Geeks in Suits" Event Was Great June 17, 2009 7:00 AM
- How to Pitch to a VC or Angel June 16, 2009 9:50 PM
- Kennet: Backing Bootstrappers June 12, 2009 3:30 PM
- VC Series A Investments in Web Tech Grew Strongly In May June 12, 2009 7:00 AM
- The Capital-Raising Ladder June 11, 2009 4:55 PM
- Company Registration Choices June 9, 2009 6:17 PM
- CM Summit: Return on Creativity in Adland June 8, 2009 8:18 PM
- IBM's Venture Capital Group (RWS Interview) June 8, 2009 6:21 PM
- Ambient Sound Investments: Four Engineers Create a VC Fund (RWS Interview) June 5, 2009 11:49 AM
- Finding a URL and Company Name June 4, 2009 6:30 PM
- Startup 2009: My Pick of the Pack June 3, 2009 2:42 PM
- Building an Advisory Board June 2, 2009 6:30 PM
- Jeff Clavier: Early-Stage Web-Tech Investor (RWS Interview) June 1, 2009 8:25 AM
- Building Your Team Pre-Financing May 28, 2009 4:15 PM
- Georges van Hoegaerden: Harsh Critic of VCs (RWS Interview) May 27, 2009 5:40 PM
- Working Booms and Busts to Your Advantage (Cyclical Trends) May 26, 2009 6:30 PM
- Why the Web 3.0 Conference Was a Success May 26, 2009 11:40 AM
- Capital Factory: Austin-Based Incubator (RWS Interview) May 22, 2009 4:50 PM
- Announcing Our New Contextual Link Advertising Product - Built by Hakia May 20, 2009 5:00 AM
- Finding the Right Wave to Ride (Secular Trends) May 19, 2009 7:30 PM
- Naval Ravikant: Venture Hacker (RWS Interview) May 15, 2009 8:50 AM
- Creating Your Vision, Mission, Strategy and Plan May 14, 2009 8:36 PM
- How First-Time Entrepreneurs Can Work with Investors May 12, 2009 7:00 PM
- VC Cash Is April Showers on Web Startup Flowers May 12, 2009 9:29 AM
- GSR Ventures: The China Internet Opportunity (RWS Interview) May 11, 2009 4:00 AM
- Are You Really an Entrepreneur? May 7, 2009 7:00 PM
- 10 Things to Be Clear About Before You Start a Company May 6, 2009 9:45 PM
- Startup 101: Introducing Our Serialized "How to Build a Startup" Book May 6, 2009 1:40 AM
- Where Is My Dashboard Aggregator? May 5, 2009 2:00 PM
- Why Push Gmail for Blackberry Is a Big Deal May 4, 2009 2:30 PM
- What Do VCs Say and Do in Early-Stage Today? April 30, 2009 5:00 AM
- Journalism 2.0: Don't Throw Out the Baby April 30, 2009 2:35 AM
- Union Square Ventures: The Best of the Valley in New York (RWS Interview) April 29, 2009 9:00 AM
- Mapping the Current Web Transition April 29, 2009 8:40 AM
- Canaan Partners India: Early-Stage Investing in India (RWS Interview) April 28, 2009 9:00 AM
- The START Fund: Disrupting the Disrupters (RWS Interview) April 27, 2009 7:00 PM
- ReadWriteStart Has Started! April 27, 2009 1:50 PM
- IT Consolidation Blues: CHOI Does Not Spell Choice April 23, 2009 2:30 AM
- VC Investment in Internet Deals Did NOT Fall Off A Cliff April 17, 2009 11:58 PM
- This Messaging Fragmentation is Crazy April 14, 2009 3:00 AM
- True Ventures: The VC Startup April 5, 2009 11:05 PM
- Skype May Be The Biggest Winner From The Web 2.0 Era March 29, 2009 8:30 PM
- Why Facebook Should Get Behind Uncrunch America March 27, 2009 5:35 AM
- Highland Capital Partners: Digital Media Insights (RWW Interview) March 27, 2009 2:05 AM
- Salesforce.com Integrates Twitter March 23, 2009 12:01 AM
- NeuHaus Partners: Early-Stage VC in Europe (RWW Interview) March 20, 2009 9:00 PM
- Dave McClure: Angel, VC or Pirate? March 20, 2009 12:45 AM
- Dave McClure: Angel, VC or Pirate? (RWW Interview) March 20, 2009 12:45 AM
- True Ventures: The VC Startup (RWW Interview) March 17, 2009 12:05 AM
- Is There a Reverse Network Effect with Scale? March 16, 2009 1:00 PM
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