K9 Ventures

SEPTEMBER 24, 2009

I graduated from Carnegie Mellon in 1997 and decided to use my OPT to give the company a proper shot. I hired my TA as my first employee and paid him $12.50 This meant that I had to either show enough revenue, or find investors who would be willing to put money into the company. I formed SneakerLabs, Inc.

United States 114

United States Founder India Venture Capital 114

Ben's Blog

JULY 16, 2013

Perhaps you are caught in the “Series A crunch” or perhaps you are a consumer company and expected that you would be valued on users rather than revenue like the last time. 3/31/1997: 23.3. 3/30/2001: 26.3. But they most certainly are not. Or maybe you are a lucky enterprise company and are pleasantly surprised—this time.

Down Round 78

Down Round Marketing Preferred Stock Post-Money Valuation 78

Ben's Blog

JULY 16, 2013

Perhaps you are caught in the “Series A crunch” or perhaps you are a consumer company and expected that you would be valued on users rather than revenue like the last time. 3/31/1997: 23.3 3/30/2001: 26.3 But they most certainly are not. Or maybe you are a lucky enterprise company and are pleasantly surprised—this time.

Marketing 46

Marketing Preferred Stock Post-Money Valuation Down Round 46

Hearpreneur

AUGUST 19, 2015

I sent notes to my clients, thanking them for their business, notes to my employees for all of their support over the years, and notes to HelloWorld directors, for their trust in purchasing my company. Extremely-Sharp.com originally started with a few retail locations in 1997, and we quickly started the e-commerce site the next year.

Entrepreneur 48

Entrepreneur Australia Technical Review Community 48