Both Sides of the Table

AUGUST 28, 2009

I started my first company in 1999 in London at the height of the dot com craze. As the economy soured and people grew wary of buying Internet software (we were SaaS as early as 1999 – our buyers were certainly “early adopters&# ) and life grew more difficult. Reach out to the founders, not the staff. We were hot.

PR 331

PR Software Review Ireland Germany 331

YoungUpstarts

DECEMBER 2, 2014

companies can no longer afford to provide group health insurance to their employees. And both employers and employees alike have tried to make the most of a bad situation. Below as an overview of the steps you should take right now whether you’re an employer, insurance professional, trusted adviser, or employee: If you’re an employer….

Software Review 224

Software Review Employee Retention Government 224

YoungUpstarts

DECEMBER 10, 2019

Essentially, sending employees “back to school” is good business, but that doesn’t mean you need to enroll them in Harvard’s MBA program. There’s plenty you can do right within your own doors and that employees can do on their own. Many companies spend thousands of dollars to send their employees to seminars or conferences.

Balance Sheet 162

Balance Sheet America Employee Programming 162

YoungUpstarts

JANUARY 6, 2021

by Terry Monroe , founder and president of American Business Brokers & Advisors (ABBA) and author of “ Hidden Wealth: The Secret To Getting Top Dollar For Your Business “ The vaccine for the COVID-19 virus recently began shipment. But let’s look at this through the eyes of small businesses. Small Business Administration.

Small Business 264

Small Business Small Business Administration United States Stock 264

YoungUpstarts

NOVEMBER 26, 2020

by Terry Monroe , founder and president of American Business Brokers & Advisors (ABBA) and author of “ Hidden Wealth: The Secret To Getting Top Dollar For Your Business “ Normally, I am a proponent of buying small businesses. The data shows they make the world go round. Here are a few reasons why: Volatility.

Small Business 225

Small Business Due Diligence Small Business Administration Operations 225

YoungUpstarts

FEBRUARY 5, 2020

by Shawn Burcham , founder and CEO of PFSbrands and author of “ Keeping Score With GRITT : Straight Talk Strategies For Success “ Ambitious entrepreneurs often are determined to grow their businesses by expanding into new areas, adding new products, and increasing the size of their workforce. Constantly evaluate employees.

America 147

America Employee Founder Management 147

Both Sides of the Table

SEPTEMBER 25, 2010

Paul Graham’s assertion that “any startup founder can tell you the most common question they hear from investors is not about the founders or the product, but “who else is investing?&# When I’m in, I’m in. rings true to me. Investors who commit early deserve to have a lower price.

Finance 286

Finance Term Sheet Technical Review Warrant 286

Gust

JUNE 19, 2012

I bought the Rocket eBook Reader in 1999. Tim Berry , Founder, Palo Alto Software. Martin Zwilling , Founder and CEO, Startup Professionals. Tim Berry , Founder, Palo Alto Software. Martin Zwilling , Founder and CEO, Startup Professionals. Tim Berry , Founder, Palo Alto Software. June 19th, 2012.

Startup 180

Startup Forecast Angel Investor Software 180

YoungUpstarts

JULY 4, 2018

The CDC’s recent report showed that suicide rates have jumped over 30 percent in half the states since 1999. Authorities on workplace culture see those numbers as further evidence that employers should prioritize mental health initiatives for their employees. How employees feel directly impacts their contribution.

Employee 133

Employee Operations Cost Management 133

Steve Blank

APRIL 10, 2019

VC’s have just changed the ~50-year old social contract with startup employees. For most startup employee’s startup stock options are now a bad deal. In tech startups stock options were here almost from the beginning, first offered to the founders in 1957 at Fairchild Semiconductor , the first chip startup in Silicon Valley.

Stock Options 333

Stock Options Stock Vesting Common Stock 333

YoungUpstarts

MAY 20, 2018

by David Johnson, founder and CEO of TempCFO. A lot of new startup founders have the habit of spending their cash faster than they are earning it. Prior to founding TempCFO in 1999, David was a Manager at KPMG and Ernst & Young for six years. Limit Your Spending. David Johnson is a CPA and holds an MBA from Columbia.

Startup 140

Startup Salary CPA Small Business Administration 140

Startup Professionals Musings

AUGUST 26, 2018

According to Investor's Business Daily , even though IPOs in 2018 through July were up nearly 39 percent from last year, the total of 115 companies so far is still nowhere near the rate required to match the yearly total of 486 hit way back in 1999. Most startup founders voluntarily exit or are pushed out, and the fun is gone.

Exit Strategy 128

Exit Strategy IPO Initial Public Offering SEC 128

Both Sides of the Table

OCTOBER 15, 2009

M y company had raised a seed round of capital in late 1999 even before either of us were full time in the company (ominous side note: on the way to pitch our seed investor, Delta Partners, a man walking right in front of me died of a massive heart attack making me late to the meeting. I did our marketing and didn’t use any outsiders.

Founder 299

Founder Technical Review Startup Venture Capital 299

Ben's Blog

JANUARY 31, 2012

After raising our first round of funding for Loudcloud in 1999, we went to visit our new venture capital firm and meet their full team. That excitement took a sharp downhill turn when one of the top partners said to me, in front of my co-founders, “When are you going to get a real CEO?”. Marc and I discussed this often.

Venture Capital 78

Venture Capital Portfolio Cofounder Partner 78

abovethecrowd.com

OCTOBER 17, 2013

Early this year Amie Fineberg, who has been my amazing assistant for over 10 years, mentioned that she and several other employees at Benchmark had fallen in love with a new ecommerce service, and that I might want to check it out. Lastly, I asked a few women that were not customers to try the service. Katrina herself is equally impressive.

eCommerce 62

eCommerce Technical Review North America San Francisco 62

ConversionXL

MARCH 19, 2020

It can also keep your employees employed or help you retain your job—a modicum of security in uncertain times. These companies tend to over rely on reducing the number of employees. 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.

Marketing 121

Marketing Campaign Non-Compete Lean 121

Both Sides of the Table

SEPTEMBER 6, 2010

I freely admit this (along with nearly everything between 1999-2000) was a mistake. We set our sites on our IPO price and then worked back to our current valuation and showed potential employees what we thought they could earn (with all legal caveats) if the company was successful. And that would be nice. Quickly dissecting.

Stock Options 294

Stock Options Stock Valuation Liquidation Preference 294

www.inc.com

SEPTEMBER 24, 2011

Employee Benefits. Back in 1997, Randy Parker was staring at a blank whiteboard, wondering where hed find the money to hire the employees and consultants he needed to build his new product. "We a 50-employee provider of e-marketing solutions to small and midsize businesses, based in Needham, Mass. "We Business Taxes.

Fractional CTO 40

Fractional CTO Equity Iowa Technical Cofounder 40

Both Sides of the Table

SEPTEMBER 2, 2009

If a company has reached a level of success, has been around for a few years and you believe the company has potential to break out into a much bigger company then you should let the founders take money off of the table. Founders however are asked to take low salaries and never really get back the time they worked for free.

Founder 329

Founder Liquidation Preference Term Sheet Participating Preferred 329

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. Yet absent a family obligation or something similar, nobody left until 7, 8, 9pm, or later even though we were too cheap to provide dinner for employees back then in the early days.

Startup 120

Startup Cofounder Seed Stage IPO 120

Feld Thoughts

SEPTEMBER 5, 2014

As the 50+ employees of Techstars stood on the stage at the end, I got chills. Brown was one of the four co-founders of Techstars (with Cohen, me, and Jared Polis). It’s written by David Brown and is the origin story of David Brown and David Cohen’s first company Pinpoint Technologies.

Boston 137

Boston Cofounder Partner Leadership 137

YoungUpstarts

JANUARY 3, 2012

In 2006, Muhammad Yunus, the bank’s founder and “the father of microfinance,” won the Nobel Peace Prize. In two years she has hired eight full-time employees, secured lucrative government contracts, and is able to support seven households besides her own in Amman. She is even mulling a run for office in the gas providers’ union.

Colombia 263

Colombia Kenya San Diego Ethiopia 263

The Next Web

JUNE 20, 2013

When cloud services company Cornerstone OnDemand got its start in Los Angeles in 1999, the odds were against it. Improbably, founder and CEO Adam Miller and his partners soldiered on to eventually build a $2 billion+ cloud company. Interestingly, Miller interviewed every Cornerstone employee up until the company had 250 employees.

Cloud 118

Cloud Southern California Los Angeles New York City 118

Both Sides of the Table

JUNE 25, 2015

But at 90 employees in 5 countries my job became less fun to me personally. I take my hat off to people like Adam Miller , the CEO of LA-based Cornerstone on Demand, who started at the exact same time as I did (November 1999) and is still the CEO but now of a public company valued at around $2 billion.

Silicon Valley 150

Silicon Valley IPO Demand Revenue 150

David Teten

JANUARY 10, 2012

Dave Tisch, Founder & Managing Director, TechStars NYC. Mr. Fralic was also one of the early employees and VP of Business Development at Half.com starting in 1999, and after the eBay acquisition, spent six years with eBay in a variety of entertainment, business development, and media roles. Mike Yavonditte, CEO, Hashable.

Portfolio 122

Portfolio New York Social Bookmarking Philadelphia 122

thebarefootvc

DECEMBER 16, 2011

Kiva co-founder Jessica Jackley’s latest venture Profounder is one platform that could power these transactions. Disruption in the Education Space: When I first started looking at education technology investments in 1999, very few VCs would go near the sector.

Technical Review 110

Technical Review India Mobile Hockey Stick 110

Steve Blank

NOVEMBER 8, 2010

By 1992 Research in Motion (RIM) had been in business for eight years, had 16 employees, sales of about $500,000 a year, and three or four business lines. That year the two founders decided to get serious about being a company, and hired a CEO. RIM and TiVo are two examples of getting it right and wrong. Research in Motion (RIM).

Hockey Stick 271

Hockey Stick Customer Development Silicon Valley Networking 271

David Teten

FEBRUARY 6, 2013

Karen Bantuveris, Founder and CEO of VolunteerSpot. She is the Founder and CEO of Volunteer Spot an online coordination app that facilitates volunteering. Balloch earned a BS degree from Georgetown University and an MBA from The Wharton School, University of Pennsylvania. She is also an Angel Investor in early stage businesses.

Private Equity 114

Private Equity North America Cofounder Angel Groups 114

Mike Michalowicz

MAY 31, 2014

The mega online shoe retailer, which was started in 1999 out of a house, has grown into a company that saw its 2008 sales hit $1 billion. But if you ask the company founder, Nick Swinmurn, it’s not shoes that he’s selling; rather, its customer service. In fact, Zappos states on its site that “Customer Service Isn’t Just A Department.”

Customer 97

Customer Reputation Sales Internet 97

Up and Running

MAY 11, 2011

And then there are the people you owe money to, the people who owe you money, strategic allies, and your own employees. 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. In the best businesses, every customer is a boss. Finding investors is a win.

Oregon 121

Oregon Angel Groups Cofounder Business Plan 121

Hearpreneur

OCTOBER 1, 2016

We built some early ecommerce sites around 1999 and back office order processing systems using visual basic for applications (VBA). My co-founders and I started eVestment for two primary reasons. Clients needed transparency and accountability from their agency, employees craved trust and flexibility. Photo Credit: Marcus Miller.

Entrepreneur 48

Entrepreneur Non-Compete LLC Social Media 48

Hearpreneur

JANUARY 7, 2017

I was driven by my desire for freedom and that’s what I got; along with an amazing opportunity to help transform my employees’ and my client’s lives through homeownership and real estate. I am the founder/coach of Never Settle Coaching, LLC a coaching business. 12 – It was Just Time. Image Credit: Jane Scudder.

Entrepreneur 91

Entrepreneur LLC Cofounder Green 91

Both Sides of the Table

MARCH 28, 2010

You know our employees are our most important asset.&#. I guess not the most politic thing I’ve ever done, but you can ask anybody who was in the strategy practice of Accenture in London in 1999 and they’ll confirm I really did this. I strongly recommend against it.&#. That’s the classic definition of Grin Fucking.

Framework 378

Framework Reputation Global Employee 378

Both Sides of the Table

NOVEMBER 4, 2009

It was 1999. He’d be employee number 3. Best to be a founder. When I was CEO of my first company (where I admittedly F’d up everything before I figured it all out) we initially calculated for people how much there options were going to be worth some day. It was easy to do these calcs. Very few people can do this.

Stock Options 418

Stock Options Stock Liquidation Preference Option Pool 418

ReadWriteStart

MAY 9, 2013

In a 2007 report, the Council on Competitiveness quoted a USA Today survey revealing that, “ of venture-backed software startups created since 1999, nearly 40% have employees outside the United States.”. This is no longer the case. only operations.” Go “Glocal”.

Global 60

Global United States Intellectual Property Malaysia 60

ReadWriteStart

AUGUST 26, 2022

So, think of the typical two founders with a pitch book in a garage. Instead, that’s the sort of pre-series-A investment where companies or founders have visions of where they think there are underserved market needs, and they’re coming up with something super excited to try to solve that. . We’re a crossover fund.

Partner 132

Partner Cofounder Retention Acquisition 132

YoungUpstarts

AUGUST 14, 2017

Marketing products into international markets is not a simple task”, says Julio Oliveto, founder of Livre, an innovative wheelchair-tricycle company in Brazil. I’d never thought an investment at the start would make such a difference”, said Jessica Krauter, co-founder of Buah. But going global can be an intimidating prospect for some.

Global 145

Global Small Business Asia Singapore 145