Startup Professionals Musings

JULY 9, 2012

In 2005, Facebook still showed a yearly net loss of $3.63 Facebook - Mark Zuckerberg, while attending Harvard as a sophomore, concocted “Facemash” in 2003 to get a lost girlfriend off his mind. He later changed the name to Facebook. But within five years it became an overnight success, and now has about 400 million users worldwide.

Entrepreneur 263

Entrepreneur Initial Public Offering California .Net 263

Pascal's View

AUGUST 28, 2010

The BDS series tracks the annual number of new businesses (startups and new locations) from 1977 to 2005, and defines startups as firms younger than one year old. The study reveals that, both on average and for all but seven years between 1977 and 2005, existing firms are net job destroyers, losing 1 million jobs net combined per year.

Venture Capital 56

Venture Capital America Initial Public Offering IPO 56

Agile VC

APRIL 17, 2011

2010 Net Income: $8 million. round closed Feb 2005. Gross Margin: 94% –> i.e. for every $1 of revenue Kayak only spends $0.06 paying for travel data from ITA or others (customers acquisition spend is not included in COGS). 2010 Operating Income: $16 million. Search Statistics: 2010 Queries: 634 million. Series B Preferred.

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

Startup Professionals Musings

MARCH 26, 2011

In 2005, Facebook still showed a yearly net loss of $3.63 Facebook - Mark Zuckerberg, while attending Harvard as a sophomore, concocted “Facemash” in 2003 to get a lost girlfriend off his mind. He later changed the name to Facebook. But within five years it became an overnight success, and now has about 400 million users worldwide.

Initial Public Offering 295

Initial Public Offering California .Net Business Plan 295

YoungUpstarts

JULY 25, 2013

This compressed workweek ranked as the most common method of adopting a summer schedule among businesses in a 2005 Society for Human Resource Management survey. Each business has different needs, and picking the option that works best for you and your employees will net the best result. For example, if you let employees leave at 1 p.m.

Retention 191

Retention Employee .Net Security 191

Genuine VC

NOVEMBER 5, 2012

My own motivations for starting the Web Innovators Group in 2005, and the reason I believe it took off so quickly, is that there were relatively few people in the community, but those who were all yearned to congregate and find a similar network of like-minded individuals. Today the landscape is very different from 2004.

Boston 206

Boston Internet Entrepreneur .Net 206

Both Sides of the Table

OCTOBER 14, 2015

” It goes like this: What is your net burn rate? We have an entire generation of startup founders who don’t have muscle memory from getting their burn rates back into shape from 2008/09 or 2001-2005. And the truth is that I think this is just a harbinger of what we will see in the private markets very, very soon.

Burn Rate 150

Burn Rate San Francisco Private Equity LP 150

The Startup Magazine

APRIL 4, 2018

Between 2005 and 2010, over 100,000 people have moved to Australia from the United Kingdom alone and you need to consider why. The average middle-aged couple in the country has a net worth that was similar to the wealthiest people in the world and the unemployment rate was at 5%. The Australian immigration process is not the easiest.

Australia 84

Australia United Kingdom Salary .Net 84

Startup Professionals Musings

MARCH 29, 2010

In 2005, Facebook still showed a yearly net loss of $3.63 Facebook - Mark Zuckerberg, while attending Harvard as a sophomore, concocted “Facemash” in 2003 to get a lost girlfriend off his mind. He later changed the name to Facebook. But within five years it became an overnight success, and now has about 400 million users worldwide.

Initial Public Offering 221

Initial Public Offering Startup California .Net 221

VC Adventure

FEBRUARY 1, 2010

The purpose of this email is to clarify some facts, because this is an extremely confusing issue. As an aside, I have lots of other objections. Oracle real Application Clusters, Qualys QualysGuard, SAP Business Objects Broadcast Scheduler, SAP Business Objects Crystal Enterprise 8.5, Citrix Presentation Server 4.0, Citrix Presentation Server 4.5,

Software 48

Software SQL Colorado Fractional CTO 48

Hearpreneur

NOVEMBER 29, 2017

There is no safety net if I am not adding value to my clients. I originally started my law practice in 2005 because I could not find a job out of law school. I love a lot of things about being an entrepreneur, but most of all, I love the sense of adventure. It’s about in control of your dream. Photo Credit: Christopher Earley.

Entrepreneur 107

Entrepreneur Ethiopia Massachusetts LLC 107

Altgate

DECEMBER 16, 2010

The chart below shows the price per share to each series of shares at different net exit valuations. But this last chart gives some insight into how unfavorable to founders (Common actually) these preferences can be. One point to takeaway from [.]

Liquidation Preference 39

Liquidation Preference Pre-Money Valuation Term Sheet Valuation 39

Both Sides of the Table

SEPTEMBER 19, 2017

30% of all real income growth in 2005–2015 was from Latinos (U.S. Latinos drove 69% of total net increasing in U.S. Latino purchasing power will reach $1.7 trillion in 2020 (U.S. Census), surpassing total expenditure of even the much sought after Millennial population. Advertisers, wake the f**k up. home ownership in 2015 (NAHREP).

United States 269

United States North America South America Los Angeles 269

Mike Michalowicz

NOVEMBER 11, 2021

in 2005, Donna has cultivated her business from a humble beginning of two clients to a thriving and reputable Silicon Valley accounting firm serving over 50 diverse business owners and counting. Email: jcliame@net-result.biz. Since the inception of Sooter Consulting, Inc. Contact at anders@thegoodviking.com or www.TheGoodViking.com.

Paraguay 84

Paraguay Cofounder Cleveland Email 84

YoungUpstarts

MAY 7, 2012

A simple concept wound up netting him $17,000 from Canon and MediaCorp, proving that one doesn’t have to bog down ideas in needless complexities to produce something valuable. Beh Weng Wei at Tech65.org Chuck Feeney at RTE Radio 1 , Jan.

Entrepreneur 231

Entrepreneur Cofounder Washington Bangladesh 231

Jeff Hilimire

JANUARY 21, 2013

cents in 2005, down 2 cents from 2002. Census Bureau, Statistical Abstract and Net Worth Report, 2002. Not that we haven’t made progress, though that is more debatable than you might have thought, but that we certainly have not made enough progress. Census Bureau; United for a Fair Economy.

Memphis 60

Memphis Washington DC Atlanta 60

Duct Tape Marketing

MAY 19, 2011

You are addicted to acquisition as you cast out that wide net, which just happens to be full of holes. Your real problem is churn. You lose customers and try and constantly try and replace them with new blood. And you’re not alone.

Social Media 32

Social Media Retention Acquisition LLC 32

Both Sides of the Table

SEPTEMBER 2, 2009

He’s been at it since 2005. The net effect for [my company] for example is we are now doing reasonably well. I founded it in 2005 at the age of 37. I believe this is wrong. Let me start with a couple of stories. A friend of mine is a serial entrepreneur and is running a high-profile, early stage company in NorCal.

Founder 329

Founder Liquidation Preference Term Sheet Participating Preferred 329

Startup Company Lawyer

MAY 26, 2012

In 2005, Kiva launched a micro-finance platform that allows people to lend small amounts of money to entrepreneurs in developing areas. 10 percent, not to exceed $100,000, of annual income or net worth of an investor, if either the investor’s annual income or net worth is equal to or greater than $100,000.

SEC 58

SEC Securities and Exchange Commission Accredited Investor Private Placement 58

David Teten

JANUARY 10, 2012

He is an active angel with many successful angel investments including: Rent.com, (purchased by Ebay in 2005 for $415 million), Golfnow.com (purchased by Comcast in June 2008), and Lifelock (lead investors include Bessemer Venture Partners and Kleiner Perkins Caufield & Byers). He joined Goldman Sachs & Co. in 1982.

Technical Review 128

Technical Review Technology North Carolina Switzerland 128

Occam's Razor

APRIL 25, 2011

" I'd postulated this rule in 2005, it is even more true in 2011. Use metrics that matter: Loyalty, Recency , Net Profit, Conversation Rate, Message Amplification , Brand Evangelist Index , Customer Lifetime Value and so on and so forth. Not following the "10/90 rule for magnificent web success." The 10/90 rule.

Marketing 126

Marketing Flash Analytics Web 126

BeyondVC

APRIL 26, 2004

million of revenue in 2003 with a net loss of $4.1 As per the filing, The approximately $10,400,000 of net proceeds that we intend to use to repay outstanding debt obligations will be paid to Michael L. The loan bears interest at the rate of 10% simple interest per year and matures on June 30, 2005. Michael did pay $4.5

IPO 60

IPO .Net Revenue Operations 60

Steve Blank

FEBRUARY 26, 2020

What was a Series A round in 2005 is now a pre-seed or seed round. Series B is about proving your net revenue model (can you be profitable?). Step 4: Series B – you raise $10-$50M. Step 5: Series, C, D…. Btw, the definition of each startup financing stage has changed in the last decade.

Cofounder 429

Cofounder Seed Stage Valuation Metrics 429

www.igda.org

JULY 24, 2012

Thousands of people around the net participated in a vast, spontaneous discussion that explored issues like mandatory overtime, productivity, job portability, laziness, unionization, lawsuits and the general evil of corporations. Sleepy Medical Interns Called a Road Hazard , Los Angeles Times, Karen Kaplan, January 13, 2005.

Software Review 90

Software Review Technical Review Widget Los Angeles 90

Startup Professionals Musings

OCTOBER 26, 2010

of startup businesses as far back as 2005. Almost all angel investors are “high net worth” individuals who made their money running a successful business in your domain, and they will mentor your team as well as demand the discipline you need to make your business work. Angel Investor.

Advisory Board 189

Advisory Board Angel Investor Equity Salary 189

ConversionXL

MAY 31, 2017

Then came the second wave with Skype (2003), Blackberry Messenger (2005), and Google’s first incarnation of its messaging app, Google Talk (2005). In addition, you’re creating a “second net” that can capture leads your forms can’t. Messenger (1998), and MSN/Windows Live Messenger (1999). The Limitations of Forms.

Lead Generation 91

Lead Generation Channel IP Conversion 91

VC Cafe

APRIL 8, 2010

billion, and in 2005 it bought another generics competitor, Ivax, based in Miami, for about $7.4 WARREN BUFFET’S BERKSHIRE HATHWAY UNIT TTI BUYS ISRAEL’S NET AYE. Electronics components maker TTI Inc, a Berkshire Hathaway company, bought Net-Aye Technologies Ltd., Net-Aye is a subsidiary of Bar-Tec Ltd.

OTC 68

OTC Brazil Paraguay 68

Duct Tape Marketing

MAY 1, 2014

Podcasts are back in fashion again, but my view of why you should be creating interview style audio content hasn’t changed since I started podcasting back in 2005 or so. The net effect of this approach is that I became a journalist in their eyes rather than someone simply seeking their time. Marketing podcast with John Lee Dumas.

Audio 63

Audio Bandwidth Hosting .Net 63

ReadWriteStart

APRIL 5, 2012

During a 25-year span of time until 2005, their final report noted, nearly all net job growth in the U.S. The task force recommendations, titled, "Rebuilding the IPO On-ramp," presented stunning insight into the symptoms of the nation's startup problem. was created by firms less than five years old.

IPO 118

IPO SEC Silicon Valley Startup 118

blog.expensify.com

APRIL 24, 2012

Now let me clarify — NET is a dandy language. ” Don’t get me wrong: NET on your resume isn’t an instant showstopper. But just to clarify a couple points, 24-hours into the storm: Yes,NET developers are great at what they do. And at the time,NET was the best choice for those problems.

Java 107

Java PHP Software Review Coder 107

www.paulgraham.com

APRIL 28, 2010

November 2005 Venture funding works like gears. Such deals may be a net winfor founders, because you get multiple VCs interested in yoursuccess, and you can ask each for advice about the other. Want to start a startup? Apply for funding by March 3. Few startups get it quite right. Many are underfunded.

Technical Review 76

Technical Review Startup Software Review Angel Investor 76

www.currentlyobsessed.com

MAY 28, 2010

The net effect was more money raised, higher valuation and the same percentage of equity sold. Snapvine was my first experience being in the driver’s seat of the fund-raising process, and in the 3 years prior to our acquisition we raised over $10mm in venture capital.

Valuation 42

Valuation Channel Pre-Money Valuation Term Sheet 42

kenegozi.com

APRIL 24, 2012

NET developer” or a “J2EE developer”, or a “Ruby developer”. alt-net-israel(8). asp-net-2-0(39). asp-net-mvc(3). visual-studio-2005(10). alt-net-israel(8). asp-net-2-0(39). asp-net-mvc(3). visual-studio-2005(10). I would never hire a “.NET Statistics. Posts count: 433. Comments: 930.

Technology 40

Technology Architecture Startup .Net 40

Startup Lessons Learned

MARCH 22, 2010

In the past two decades, they have accounted for nearly all the net job growth in our country. For example, over 25% of the technology companies founded between 1995-2005 had a key immigrant founder. These companies produced over $52 billion dollars in sales in 2005, and employed 450,000 workers that year.

San Francisco 121

San Francisco Indiana Lean Startup 121

Altgate

MARCH 16, 2009

 And it's not always clear whether it is gross or net of taxes (you have to ask). .  Some of the more interesting things I've learned include: Salaries in Israel are described monthly.  So instead of saying $120K per year, you'd say $10K per month (in Sheqels, of course).

Global 28

Global India United Kingdom 28

Both Sides of the Table

MARCH 13, 2010

I started blogging in 2005 and then re-started blogging about a year ago. The net result of my posts plus the comments forms a tighter view of my evolving belief system. But I think it’s fair to point out when I believe that the profit motive is a net negative for startups or for our industry. Let me explain.

.Net 250

.Net Social Media Silicon Valley Mobile 250

VC Cafe

NOVEMBER 3, 2010

PMC-Sierra is buying Wintegra for a net purchase price of $213 million and will pay up to an additional $60 million based on growth and performance milestones in 2011. billion net profit. PMC-Sierra, a premier Internet infrastructure semiconductor solution provider, is purchasing Wintegra Inc. , billion, of which $2.5

Bandwidth 79

Bandwidth Framework Forecast 79