Remove 1999 Remove 2005 Remove Sales Remove Social Network
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It’s Morning in Venture Capital

Both Sides of the Table

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. LP contributions to VC firms shrunk from 2000 and by 2005-2008 had stabilized to around $30 billion per year. Bottom of the sales funnel. Thank you, Aaron Sorkin! Morning in VC.

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Data is the Next Major Layer of the Cloud & A Major Victory for Startups

Both Sides of the Table

When I started my first company in 1999 we spent more than $2 million on technology infrastructure including Sun servers & Solaris operating system, Oracle databases, EMC storage, load balancers, app servers, back-up devices, disk mirrors and on and on. When I started my second company in 2005 we decided to do everything differently.

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How to Develop Your Fund Raising Strategy

Both Sides of the Table

I raised money as an entrepreneur, like you, in 1999, 2000, 2001, 2003 and 2005 for two different companies. Fund raising (as is much of life) is a sale – pure and simple. As with any sales campaign you need to: Qualify your buyers early so you focus your scarce resources on people likely to buy your product. .

Developer 366
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Retro: My Favorite Blog Post on Raising VC

Both Sides of the Table

After my company was acquired by Salesforce.com I was asked to stop blogging and they took over my blog as an asset in the sale of the company. I had previously raised VC in 1999, 2000, 2001 and 2005. There was no viral social networking products back then like Twitter where people could easily discover your content.

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Stock Market Drops. Then It Rallies. What Happens Next for Funding?

Both Sides of the Table

Companies raised too much money in 2005-08 and had high burn rates. I show charts on housing, structural unemployment, home equity re-financings that we spent meaning less spending power post crash, new housing sales, debt-to-income ratios, public-sector job problems that will cause crises in cities and states across the US.

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

Austin Startup

Cotter bucks the flavor-of-the-day entrepreneurial stereotype: the college dropout popularized by both our own Michael Dell and recently Mark Zuckerberg and the great movie The Social Network. At the beginning of Bazaarvoice in 2005, the market risk was whether or not we could convince retailers to embrace both the positive?

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Prevailing Wisdom

Mucker Lab

1999 – “The search engine game is over”. 2002 – “the social network fad is over”. 2005 – “Sales cycle is too long for software companies selling to government and educational sector”. 2011 – “There is no network effect in the enterprise software business; it’s not a category we invest in anymore”.

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