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Praying to the God of Valuation

Both Sides of the Table

I started my first company in 1999 and was admittedly swept up in all of this: Magazine covers, fancy conferences, artificial valuations and easy money. 2001–2007: THE BUILDING YEARS The dot com bubble had burst. During this era, from 2009–2015, most founders I knew were in it for building great & sustainable companies.

Valuation 466
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Want to Know How VC’s Calculate Valuation Differently from Founders?

Both Sides of the Table

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. Investors own 25%, the founders own 75%.

Valuation 405
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An Open Letter to Startup Founders Everywhere in a Time of Crisis

David Cohen

Founders, I’m talking to you. I’ve seen past crises, cycles, and downturns as an investor and as a founder. In 1999, we sold that business and I started angel investing. In 2001, the towers were hit. Because we know that this is the time for founders everywhere to step forward, not backward. March 30, 2020.

Founder 174
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The Entrepreneur’s Essentials #17: On failure and resilience

Austin Startup

Bob Fabbio was the founder and CEO of eRelevance and he was the man in the arena here?—?and For all of us Austin fans, I’m talking about Cotter Cunningham, the founder and CEO of RetailMeNot. We all know the famous story of Apple, which at one point kicked out its co-founder and CEO, Steve Jobs. But I digress?—?this or break?—?the

B2C 51
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Every Generation Learns The Same Lessons

Feld Thoughts

I spent the weekend with a friend from the last 1990s who was the lead banker on the Interliant IPO (I was a co-founder and co-chairman.) If you like to read IPO prospectuses, here’s the final S-1 filing after INIT went effective and started trading on July 8, 1999. A few days ago, Fred Wilson wrote a post titled Capitulation?

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Marketing and Growth Lessons for Uncertain Times

ConversionXL

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.

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Retro: My Favorite Blog Post on Raising VC

Both Sides of the Table

I had previously raised VC in 1999, 2000, 2001 and 2005. Another called Parker Harris, the co-founder and CTO. 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.