Hearpreneur

SEPTEMBER 16, 2020

In 1999, Alibaba had to face many failures; for the first three years, the company made zero revenue. Conant joined the team in 2001, just as sales were declining for the company and its market value was decreasing. Everyone always talks about Bill Gates or Steve Jobs, but my vote goes to Jack Ma and his company Alibaba.

Entrepreneur 103

Entrepreneur China Incubator Philippines 103

Both Sides of the Table

JULY 22, 2010

Back in 1999 when I first raised venture capital I had zero knowledge of what a fair term sheet looked like or how to value my company. Due to competitive markets we ended up with a pretty good term sheet until we needed to raise money in April 2001 and then we got completely screwed.

Valuation 405

Valuation Liquidation Preference Pre-Money Valuation Term Sheet 405

Feld Thoughts

APRIL 7, 2017

It’s the summer of 2001. 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.) By breakfast in the summer of 2001, the stock was trading under $1 / share. But he did.

SEC 148

SEC New York Venture Capital Partner 148

Feld Thoughts

AUGUST 14, 2018

Last night, at the Aspen Entrepreneurs event, I was asked to describe several failures and I rolled out my story about Interliant, which, for a period of time (1999 – 2000) appeared to be hugely successful before going bankrupt in 2002. A few days ago, Fred Wilson wrote a post titled Capitulation?

Prospectus 80

Prospectus IPO Cofounder Internet 80

alexpoole.info

AUGUST 14, 2012

5; in Lund, 1999 ). 2001 ; Tullis et al., Lund, 1997, 1998, 1999 ). Lund, 1997, 1998, 1999 ). Most disappointing however, is that in more than one hundred years of legibility research, researchers have failed to form a concrete body of theoretical knowledge on the part that serifs may play in legibility ( Lund, 1999 ).

Technical Review 85

Technical Review Software Review Design Web 85

Austin Startup

APRIL 27, 2019

At the beginning of Coremetrics in 1999, the market risk was whether or not companies would embrace the outsourced model (what we called ASP, or Application Service Providers, back then, and are now called SaaS, or Software as a Service, or “cloud” providers). We started Coremetrics in 1999 selling to dot-coms.

B2C 51

B2C Austin Cofounder IPO 51

Both Sides of the Table

SEPTEMBER 2, 2009

In my first company I had to raise money in April 2001 or die. Coupled with my participating preferred from 1999 and 2000 I had more than $55 million of liquidation preferences. That’s when the VC has lost. I know because I’ve been there.

Founder 329

Founder Liquidation Preference Term Sheet Participating Preferred 329

Feld Thoughts

MAY 6, 2019

I’ve been involved in Return Path as an investor since 2001 when Return Path and Veripost merged as part of a funding done by Sutter Hill (Greg Sands), Flatiron Partners (Fred Wilson), and Mobius Venture Capital (me). I wrote the very long story in a post titled Return Path Acquires Netcreations in 2004.

Idaho 91

Idaho New York Venture Capital Partner 91

YoungUpstarts

APRIL 9, 2020

Jack Welch is most known for being the CEO of General Electric from 1981-2001. He was also recognized as Manager of the Century in 1999. by Ryan Gottfredson, PhD., During this tenure, he increased the market value of GE from $14 billion to $410 billion.

Leadership 200

Leadership Operations Management Employee 200

ConversionXL

MARCH 19, 2020

At the same time, the company contained its operating costs and came out of the recession stronger, bigger, and more profitable than it had been in 1999. I built my first startup in Argentina during the economic crisis-turned-revolution in 2001,” writes Frederic Kerrest , “and my co-founder and I started Okta in the depths of the U.S.

Marketing 121

Marketing Campaign Non-Compete Lean 121

Feld Thoughts

APRIL 3, 2011

In the tech industry, the great Internet bubble inflated between 1999 and 2000 and deflated (or popped) in 2001. I remember it well as 2001 was easily the most challenging year of my business life. So, in hindsight, the great Internet bubble of 2001 was very powerful and useful to me, even though it was very painful.

Entrepreneur 143

Entrepreneur Finance Internet Web 143

David Cohen

MARCH 30, 2020

In 1999, we sold that business and I started angel investing. In 2001, the towers were hit. We raised a lifetime grand total of $100,000 for that business in the form of advance payment from early customers. In 2000, the Internet bubble burst. By 2002 the NASDAQ had fallen by nearly 80%. Starting a tech company after this?

Founder 174

Founder Valuation Startup IP 174

Both Sides of the Table

OCTOBER 19, 2009

I had previously raised VC in 1999, 2000, 2001 and 2005. I am very grateful to my friend Zoli Erdos for finding this retro posting for me at web.archive.org. I had kept a personal blog for more than a year and was new at keeping a professional blog.

Venture Capital 274

Venture Capital Term Sheet San Diego Viral 274

Jeff Hilimire

APRIL 1, 2014

1998 – 1999: Fun times (carefree, exploring our passion for web design). 1999 – 2001: Hard times ( credit card debt rising , no real plan for growth). 2001 – 2003: Focused times (starting to figure out how to build a business). 2003 – 2008: Fast times (doubled every year for 5 years).

Atlanta 61

Atlanta Entrepreneur Hosting Web 61

Mike Michalowicz

OCTOBER 19, 2015

An accounting firm based in Santa Monica, CA, specializing in bankruptcy, from 2001 to 2003. Previously, from 1999 to 2001, Seth was a Senior Revenue Accountant for the Veterinary Centers Of America. An accounting firm based in Santa Monica, CA, specializing in bankruptcy, from 2001 to 2003.

Video 60

Video SEC Bankruptcy Wisconsin 60

David Teten

FEBRUARY 3, 2014

Leading Late-Stage Technology Investors’ Portfolio by Geography, 2001-1Q2010. Out of over 70 companies that we have invested in since 1999, about 20 are in our home city, New York. The funds with more traditional origination are primarily focused on their local venture center network. Notes: Only for IT & related sectors.

Private Equity 114

Private Equity Venture Capital Technical Review Equity 114

finance.fortune.cnn.com

AUGUST 21, 2012

FORTUNE -- Its no secret that venture capitalists were hit hard by last decades dotcom bust, considering that median returns for 1998-2001 vintage funds are all underwater. The information is based on part of a confidential year-end 2011 investment report distributed to investors in a fund-of-funds that made commitments between 1999 and 2001.

Naming 49

Naming Term Sheet Private Equity Equity 49

Diego Basch

MARCH 4, 2011

com running (check out the old snapshot, the domain hasn’t been mine since 2001). It would peak at around 200k queries per day sometime in 1999, before Napster came into the picture and killed ftp servers that shared mp3 files. I think I can create one that’s better, and it becomes my personal summer project in 1998.

Developer 31

Developer Algorithm Search Web 31

YoungUpstarts

SEPTEMBER 10, 2018

Canada Drugs was the online pharmacy that he launched in 2001. One of my pharmacy contacts was looking at this business model in 1999, and asked for my input,” Thorkelson said. “It Through it, millions of patients were able to buy medications without having to mortgage their homes to do so.

Canada 100

Canada Entrepreneur Syria Internet 100

Both Sides of the Table

SEPTEMBER 14, 2010

This is exactly what happened in the broader VC industry between 1999-2001 as many people without the requisite skills entered the industry. But with its growth and success it will encourage many people to enter the market who will lack 5 critical success criteria for earning positive returns.

Silicon Valley 306

Silicon Valley Deal Flow Angel Investor Cofounder 306

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. This one is more specific than “ignore the macro economy&# – instead, it’s “ignore the Dow and the stock market and get back to work on your business.&#.

Stock 155

Stock Entrepreneur Chicago Finance 155

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. Over its twenty-plus year lifetime, just over one trillion dollars in goods have traded hands across eBay’s servers. annual GMV.

Internet 88

Internet Matching Vertical Hosting 88

Mike Michalowicz

APRIL 11, 2016

It was not until she married again in 1997, with the encouragement of her husband, she started her first business: With big plans in mind but only a small budget, she began Bermuda Bride in late 1999 and her floral company ‘Petals’ in 2001.

Bahamas 60

Bahamas Europe Partner Entrepreneur 60

Pascal's View

AUGUST 12, 2009

Between 2001 and 2008 mergers and acquisitions (M&A) accounted for 87% of venture-backed company exits, up from an average of 44% in between 1992 and 2000. That exodus has already begun, and it is evident in many statistics that testify to America’s slipping global competitiveness since 1999.

IPO 28

IPO Silicon Valley Merger Sweat Equity 28

Ben's Blog

JUNE 29, 2011

Undersecretary for International Affairs and then Deputy Treasury Secretary for President Clinton between 1993 and 1999. Became US Treasury Secretary in 1999. President of Harvard from 2001 to 2006. Intimately involved in resolving major macroeconomic crises in Mexico, Russia, and elsewhere.

Russia 76

Russia Mexico Cofounder New York 76

Up and Running

MAY 11, 2011

And my own company, Palo Alto Software, might not have survived the dot-com crash in 2001 if we’d had more money to spend in 1999. Money is spent the right way, building the business, but without overspending. We didn’t have enough monetary rope to hang ourselves with. That was a good lesson. Norman Reid/Shutterstock).

Oregon 121

Oregon Angel Groups Cofounder Business Plan 121

Reid Hoffman

MAY 16, 2020

It was 1999. PayPal was one of the few companies that survived this era, and in 2001, eBay acquired us. Like I said earlier, relationships matter. Indeed, five years after I ended up not pursuing a job at Netscape, I made what I consider to be the best choice of my career. In this regard, I was extremely fortunate.

Silicon Valley 69

Silicon Valley Internet Networking Salary 69

Both Sides of the Table

JANUARY 16, 2012

I raised money as an entrepreneur, like you, in 1999, 2000, 2001, 2003 and 2005 for two different companies. I’ve raised in boom markets and when everybody thought the Internet was a fraud. I’ve raised seed rounds and A-D rounds. And of course I’ve sat on the other side of the table: As a VC.

Developer 366

Developer Silicon Valley PR Las Vegas 366

crowdSPRING Blog

JUNE 18, 2013

However, little variation can keep the suspense (Pine and Gilmore 1999) and continue to surprise. Surprise is more effective than other forms of retention-based marketing. Surprise is a more effective marketing tool than nearly all forms of retention-based marketing. A few words of caution. Surprise marketing can backfire.

Small Business 117

Small Business Netherlands Retention Marketing 117

37signals.com

DECEMBER 5, 2011

Established 1999 in Chicago. ”), but the original 2001 iPod itself had nothing to do with the internet. Granted, Apple has the marketing clout to make almost any product successful no matter what it’s called, but they didn’t have quite that reach when they named the iPod in 2001. Apr 27 2010. 28 Apr 10.

Product Name 44

Product Name Naming Product Software Review 44

dashes.com

SEPTEMBER 17, 2011

Im Anil Dash, and Ive blogged half a million words here since 1999, writing about how culture is made. Comments (HTML is okay). Earlier: Know Your Shit: Ten Years of Twitter Ads. Next: Heres Whats Up. Why, Hello! Contact me at anil@dashes.com , phone +1 646 833 8659, follow anildash on Twitter or IM, or subscribe. Still curious? Jay Smooth.

NDA 52

NDA Technical Review Non-Compete San Francisco 52

abovethecrowd.com

JANUARY 24, 2014

Those that managed companies in 2008 or thirteen years ago in 2001 know exactly how fear feels. What was that percentage in 1999? Although we may have not reached the level of observing obvious greediness, there is most certainly an absence of fear. And this is not it. There is another way to think about identifying bubbles.

Silicon Valley 74

Silicon Valley Venture Capital Employee Internet 74

Diego Basch

JUNE 2, 2012

One fine day in June of 1999 I was sitting at my desk, writing code, in the zone. In 1999 it was common practice to print the employee roster every week (including phone extensions) and distribute it to everyone. During the 2001 crash it lost all its value. It was crazy. My phone rang, I picked up.

IPO 62

IPO Argentina Stock .Net 62

Both Sides of the Table

SEPTEMBER 13, 2009

million … yes that was seed in 1999!) 2001-2004 were very humbling but we built a real company. We had scrambled to get a product to market, built our first website, rapidly hired a technology team, raised our seed round of capital ($1.5 and were ready to take off the covers and tell the world. That story for another day.

South Africa 310

South Africa Europe Disintermediation Poland 310

David Teten

JANUARY 13, 2015

When I was running an Israel-based company in 1999-2001, my location was a significant barrier. They may not meet you one-on-one in part because of their biases, but they’ll come to your event when you have more brands/credible people in the room.

Venture Capital 60

Venture Capital Advisory Board Greece Cofounder 60

Seeing Both Sides

AUGUST 3, 2012

The first year of revenue (1999) was $4 million – a remarkable achievement. Despite the Internet bubble bursting, the company was able to generate over $160 million in revenue in 2001. The company quickly realized that its initial commercial product was in huge demand – they had reached product-market fit nirvana. Gross Profit. $(60).

Distribution 49

Distribution Lean Massachusetts Cofounder 49

Both Sides of the Table

JANUARY 31, 2010

Mine started this way … I started my first company in the “go-go years&# of the Internet: 1999. We raised a seed round of capital in 1999 and our first venture capital round was the first week of March 2000 (e.g. Then I got engaged to be married in late 2001 and had the motivation to get really serious.

Entrepreneur 308

Entrepreneur Silicon Valley San Diego Non-Compete 308