Both Sides of the Table
SEPTEMBER 28, 2014
by Michael Woolf that is worth any startup founder reading to get a sense of perspective on the reality warp that is startup world during a frothy market such as 1997-1999, 2005-2007 or 2012-2014. So if your costs are $500,000 per month and you have $350,000 per month in revenue then your net burn (500-350) is equal to $150,000.
ithacaVC
OCTOBER 30, 2014
There are actually four people named on the IP and it was a multi-disciplinary project…This was the first product to come out of our department.”. Steve ]” I launched my first business in 1999, it was a web-based business and the tools available at that time cost us a few hundred thousand dollars just to get started.
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Both Sides of the Table
SEPTEMBER 25, 2010
Legal costs of early stage financing should be cheap – this is one of the final remaining arguments for convertible debt but even Paul acknowledges that this is no longer necessarily the case: “Different terms for different investors is clearly the way of the future. That’s OK, but it gives you a max (read: price!)
Feld Thoughts
JUNE 22, 2012
We needed improvements in video compression and in TCP/IP – the underlying protocol that essentially runs the Internet. The same spreadsheet also predicted we’d see a music downloading service in 1999 or 2000. Napster arrived in June, 1999. Nine years later, in February 2005, YouTube arrived.
Both Sides of the Table
APRIL 27, 2010
I was paid less in salary in 2004 than I was paid at the job I quit in 1999 (a job I had held 8+ years). I learned how to get press coverage when we were no longer “hot.&# I learned how to manage costs effectively. They seed funded my second company and even let me buy some IP in exchange for debt to get started.
Hearpreneur
SEPTEMBER 15, 2017
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). I started saving and investing young, and have been fortunate with a strategic, low cost approach. an international voice over IP company, was sold to Yahoo!
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. Then there were challenges with fulfillment logistics, difficulty maintaining DVD quality, and trying to figure out how to do all this in a way that covered costs and generated some cash. In 1993, Word 6.0
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