Remove 1997 Remove Engineer Remove Finance Remove Retention
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The rise of the “successful” unsustainable company

A Smart Bear: Startups and Marketing for Geeks

Freeloader — On $3m invested, sold for $38m in 1996 — shut down in 1997. GroupOn’s engine that turned capital into revenue growth was a form of force-feeding rather than building a product). It’s not about the financing path, it’s about what you’ve decided to build. Support.com — On 2.5m

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The pioneers of Silicon Valley’s fast culture on how to grow quickly, not recklessly

Reid Hoffman

And from a financial perspective, any investor would be better off buying stock in Amazon than buying and share of a corner bookshop; if you invested $100 in Amazon’s 1997 initial public offering (IPO), those shares would have been worth about $120,000 in 2018. Publishers and authors (like O’Reilly and us) also benefit from Amazon’s success.

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Customers Love Free Stuff … But That’s Not Your Problem

abovethecrowd.com

Warren Buffet, 1997. Would that help retention and NPS (Net Promote Score)? When you look at the ridiculous 40 year history of underpricing, and fully understand the “ moronic ” process used to engineer underpriced IPOs, it is easy to understand why the Direct Listing is the far more intelligent choice. Would they be loyal?

IPO 82