Agile VC

MAY 26, 2011

Silicon Valley is still emerging from the tech bubble and massive downturn of late 2000-2002. LinkedIn’s product had only been live for a couple months, we only had tens of thousands of registered users, and wouldn’t start generating revenue for more than a year after this point. A lot has changed. link] leehower.

Term Sheet 178

Term Sheet Silicon Valley Technical Review Social Network 178

YoungUpstarts

APRIL 9, 2012

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. Boasting revenues of up to $1.5

Small Business 140

Small Business New York Denmark America 140

Feld Thoughts

AUGUST 5, 2011

In 1999, 2000, and 2001 I had a my.yahoo.com page up with a bunch of stocks, including a number of companies I was an investor in, as my home page. I’d hit refresh 5,321 times a day, generating plenty of CPM-based revenue for Yahoo. Tom Evslin had a post up this morning titled Don’t Watch The Dow!

Stock 155

Stock Entrepreneur Chicago Finance 155

This is going to be BIG.

NOVEMBER 7, 2011

Is 2012 going to be 2000 all over again? The difference between many of these companies and what we saw back in 1999 is that there are real revenues and revenue growth at many of these companies--and their costs are largely in people, which can always be trimmed down. Facebook is doing billions in revenues.

Angel Investor 104

Angel Investor Valuation Startup Revenue 104

Seeing Both Sides

AUGUST 3, 2012

With over $1 billion in revenue, 2000 employees and a market capitalization of over $6 billion, Akamai has become a role model for scalable start-ups. billion in revenue, over $1 billion in gross profit and $500 million in EBITDA. The first year of revenue (1999) was $4 million – a remarkable achievement.

Distribution 49

Distribution Lean Massachusetts Cofounder 49

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.

Turkey 302

Turkey Differentiation IP Technical Review 302

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

Hearpreneur

APRIL 3, 2016

I had actually developed the logo in 1999 and it is now on the back of my entire product line. Another reason was because when I started my business it was 2000, and people used the phone more, I wanted something short and sweet I could say while answering the phone all day. customers, revenue, etc.). Photo Credit: Judy Davis.

Naming 48

Naming Technical Review PR LLC 48

Steve Blank

SEPTEMBER 10, 2009

Most startups following the Product Development Model never achieve their revenue plan and burn through a ton of cash not knowing what hit them. Other companies in the 1999 PDA market were Palm, the original innovator, as well Microsoft and Hewlett Packard. After twelve months Handspring’s revenue was $170 million. End result?

Customer Development 212

Customer Development Developer Customer Silicon Valley 212

Hearpreneur

OCTOBER 1, 2016

We built some early ecommerce sites around 1999 and back office order processing systems using visual basic for applications (VBA). . #8 – Almost By Mistake. Photo Credit: Marcus Miller. It may sound a little cliched but I started my business almost by mistake. I was a developer. So I’d say our efforts were successful.

Entrepreneur 48

Entrepreneur Non-Compete LLC Social Media 48

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. 3/31/1999: 49.7. 3/31/2000: 73.4. In June of 2000, I raised money at an $820M post-money valuation. But they most certainly are not. 3/29/1996: 22.3.

Down Round 78

Down Round Marketing Preferred Stock Post-Money Valuation 78

Both Sides of the Table

FEBRUARY 25, 2010

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. It was December 1999. We moved into the legal process and final due diligence in January and February of 2000.

Technical Review 301

Technical Review Term Sheet Due Diligence Venture Capital 301

Both Sides of the Table

SEPTEMBER 2, 2009

We should end the year with a few million in fully recurring revenue and we’re projected to double next year. But more spend = more viral opps = more revenue down the road. >50% of our revenue in now viral. Probably revenue based. I think a couple of million or revenues is probably a reasonable goal.

Founder 329

Founder Liquidation Preference Term Sheet Participating Preferred 329

Hearpreneur

JANUARY 7, 2017

I soon found that yoga taught me 2000-year-old strategies, to be more present with my kids, be more patient with my family and feel more calm and energized at the same time! I hit over six figures in my first year in business – and the company revenue has increased annually ever since. It turned out that there was!

Entrepreneur 91

Entrepreneur LLC Cofounder Green 91

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. 3/31/1999: 49.7 3/31/2000: 73.4 In June of 2000, I raised money at an $820M post-money valuation. But they most certainly are not. How could this be?

Marketing 46

Marketing Preferred Stock Post-Money Valuation Down Round 46

BeyondVC

DECEMBER 20, 2004

This reminds me of a conversation I had this summer with a Veritas executive who said how difficult it was to scale beyond $1-2 billion in revenue and that size matters. There were a number of companies in that revenue band but very few above it like Microsoft, SAP, and Oracle. received its first round of funding between 1999 and 2000.

IPO 60

IPO SEC Valuation Revenue 60

Both Sides of the Table

FEBRUARY 17, 2010

I was living in Europe in 2000 when the first WAP phones (Wireless Access Protocol) were introduced. App is one step forward, two steps back – In 1999 I launched my first company, BuildOnline, a SaaS-based (back then we were ASP’s) content management platform for large-scale engineering and construction projects.

Flash 326

Flash Mobile Application Development Cloud 326

Pascal's View

AUGUST 11, 2009

The abundance of risk capital during America’s technology bubble in 1999 and 2000 effectively financed the launch of the technology innovation ecosystems that now thrive in China, India, Singapore and other emerging (and increasingly robust) economies.

Global 31

Global Offshore United States Singapore 31

Ben's Blog

OCTOBER 29, 2020

Once again, the 1999-2000 dot-com bubble period shows the highest percentage of pricing above the initial filing range – 44% of deals were priced above. As a result, they are much more mature at the time of IPO (median revenue is about 10x what it was in the dot-com bubble) and thus often higher valued. What do the data tell us?

IPO 36

IPO Securities and Exchange Commission Demand SEC 36

SVPG

SEPTEMBER 30, 2016

But back in 1999, a then very young Netflix based in Los Gatos with less than 20 employees, was on the edge of going bust. To be specific, AdWords is currently 16 years old, and last year alone it generated well over $50B in revenue. The combination is amazing. NETFLIX – Kate Arnold.

Product 60

Product Technical Review Software Review Engineer 60

Feld Thoughts

APRIL 7, 2017

We took Interliant public in 1999 on the second attempt (the SEC didn’t clear the filing until a week after the end of the first road show, our first of many misfires with Merrill Lynch, who was our lead banker.) At the peak in the spring of 2000 Interliant hit $55 / share and was worth over $3 billion. Back to breakfast.

SEC 148

SEC New York Venture Capital Partner 148

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

Hearpreneur

SEPTEMBER 15, 2017

And like the LITERATI, professionals we work with are educated on how to market their business in order to increase revenue opportunities. The original company name was Scene on TV (going back to 1999), and I expanded into movies, and the name was also confusing to people (Scene instead of Seen). Photo Credit: Nigel Whiteoak.

Naming 99

Naming Entrepreneur Green LLC 99

Steve Blank

NOVEMBER 1, 2010

They made other assumptions about the type of sales channel, partnerships and revenue model they would need. iridium-9500 satellite phone ~1999. In 2000, new investors bought Iridium’s satellites and network for $25-million, or one half of one percent of the invested capital. The company burned its way through more than $5.2-billion

Business Plan 335

Business Plan Customer Business Model Customer Development 335

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

VC Cafe

JANUARY 10, 2011

Zend has shown significant traction, having reached record revenue growth in 2010, while servicing large enterprise clients such as NYSE Euronext, GE and Cisco. Zend was started in 1999 and is currently headquartered in Cupertino, CA with an R&D office in Israel. According to Linkedin , Zend has a headcount of 130.

Private Equity 87

Private Equity Equity PHP 87

Ben's Blog

MAY 24, 2021

There are a number of trends concerning IPOs and capital formation to note: First, the raw number of IPOs has declined significantly: From 1980-2000, the US averaged roughly 300 IPOs per year; from 2001-2016, the average fell to 108 per year. 1999-2000 51.6% Time Period IPO Pop % Above IFR 1999-2000 51.6%

SEC 36

SEC Accredited Investor IPO Technical Review 36

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

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