Seeing Both Sides

APRIL 10, 2011

million in revenue the year before. . The Internet bull market continued to run for four more years after the Open Market IPO, finally ending in the spring of 2000. Amidst all the recent talk of boom vs. bubble , there is a hue and cry that the current environment may smack of 1999. billion market capitalization.

IPO 48

IPO IRR Brazil Government 48

Scalable Startup

DECEMBER 15, 2011

There seems to be a lot of this going around these days – the “I’m just about to start a startup” category of entrepreneurs, or “I just started a startup” when they haven’t. Eventually it also needs revenue growth and profits. It’s also become the new euphemism for unemployed.

Angel Investor 24

Angel Investor Startup IPO Software Developers 24

YoungUpstarts

APRIL 9, 2012

Young entrepreneurs take note. Founded in 1999 by college student Bryn Carey, this ski and snowboard rental and delivery service is used by over 30 ski resorts in locations such as California, Colorado and British Columbia, Canada. Bought by Mike Pfieger in 2000, this company provides agricultural goods and services.

Small Business 140

Small Business New York Denmark America 140

Both Sides of the Table

MAY 23, 2012

The movie, “The Social Network” might have had more of an impact on creating future entrepreneurs than any other event of the past 5 years. In 1998 there were around 850 VC funds and by 2000 there were 2,300. By 2000 the total LP commitments had mushroomed to more than $100 billion. Thank you, Aaron Sorkin! The Funding Problem.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

This is going to be BIG.

NOVEMBER 7, 2011

Every investor and entrepreneur knows there is something scary about the current startup economy. More entrepreneurs get to try out their ideas with smaller amounts of capital, but the bar remains the same to get to the bigger rounds. Is 2012 going to be 2000 all over again? Facebook is doing billions in revenues.

Angel Investor 104

Angel Investor Valuation Startup Revenue 104

Both Sides of the Table

DECEMBER 13, 2010

By 1999 we had grown into the largest independent consulting firm in the world. By 1999 it seemed like everybody was growing, though. I left Andersen Consulting in 1999 at the height of the market. Within a year, by late 2000 / early 2001 consulting firms were firing people en masse. I love that.

Turkey 302

Turkey Differentiation IP Technical Review 302

Steve Blank

SEPTEMBER 10, 2009

While that’s not true, it is a fact that entrepreneurs only have one word for “startup.” Most startups following the Product Development Model never achieve their revenue plan and burn through a ton of cash not knowing what hit them. After twelve months Handspring’s revenue was $170 million. They never understood Market Type.

Customer Development 203

Customer Development Developer Customer Silicon Valley 203

View from Seed

JUNE 17, 2015

My first startup job was as an early employee at PayPal, where I took a job at the end of ‘1999 and started a few months later in 2000. We were a profitable company at that point with nearly $200M annualized revenue, one of the first tech companies to IPO after the dot-com bubble.

Startup 120

Startup Cofounder Seed Stage IPO 120

Seeing Both Sides

AUGUST 3, 2012

Facebook and Google would be obvious choices for this, but so much has been written about each of them and they represent such special business models, I worried that it would be both hard for entrepreneurs to relate and hard for me to develop new insights. billion in revenue, over $1 billion in gross profit and $500 million in EBITDA.

Distribution 49

Distribution Lean Massachusetts Cofounder 49

Both Sides of the Table

FEBRUARY 25, 2010

A reminder that it is important for all entrepreneurs is to remember to be careful about “deal drift.” When I was raising money for my first company we had closed a seed round in 1999 and were working on our A round. We had many term sheets (it was 1999 and we had a pulse) and we were deciding which one to take.

Technical Review 301

Technical Review Term Sheet Due Diligence Venture Capital 301

Both Sides of the Table

SEPTEMBER 2, 2009

A friend of mine is a serial entrepreneur and is running a high-profile, early stage company in NorCal. We exchanged ideas when I was an entrepreneur along side him in NorCal in 05-07 and my point-of-view on founder / VC relationships hasn’t shifted even 1% since I went to the dark side. >50% of our revenue in now viral.

Founder 329

Founder Liquidation Preference Term Sheet Participating Preferred 329

Scalable Startup

MAY 16, 2015

By all accounts, the first one burst in 2000 when the NASDAQ crash brought the first dot-com era to a close. is mostly sanguine, claiming that the market’s standards for viability have increased since the 2000 bust and citing Twitter (revenue but no profit) as the model for the new public tech company.

San Francisco 20

San Francisco Silicon Valley California Oakland 20

abovethecrowd.com

FEBRUARY 27, 2019

In 1999, Jack Ma created Alibaba , a Chinese-based B2B marketplace for connecting small and medium enterprise with potential export opportunities. In 2000, Eric Baker and Jeff Fluhr founded StubHub , a secondary ticket exchange marketplace. billion of GSV (gross services revenue) across 2.0

Internet 88

Internet Matching Vertical Hosting 88

Entrepreneurs-Journey.com by Yaro Starak

JUNE 19, 2010

In fact, my first website I can’t show you, because I don’t think we have internet access, but I had a Geocities website in 1999 for a card game I used to play called Magic the Gathering. I got out of the university in early 2000 and I never went on to a full-time job, so it’s always been an online business for me. Adding Ad Revenue.

Technical Review 76

Technical Review Software Review Prospectus Audience 76

Both Sides of the Table

SEPTEMBER 17, 2017

Ask yourself this — how did it go when a bunch of Internet companies when public in 1998–1999 with limited revenues or oversight? Trust Between 1998–2000 the world became enamored with the “new economy” and Internet companies that were going public on NASDAQ in the United States. Regulation will come. It needs to come fast.

Government 280

Government Distribution Stock United States 280