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. It’s good to reinvest your revenues back to your business to accelerate growth, but the more money you put into your business, the less you have to pay for your personal needs.

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Startup Salary CPA Small Business Administration 140

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

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. In other words, Why now?

Silicon Valley 150

Silicon Valley IPO Demand Revenue 150

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

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. We were a profitable company at that point with nearly $200M annualized revenue, one of the first tech companies to IPO after the dot-com bubble.

Startup 120

Startup Cofounder Seed Stage IPO 120

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

NOVEMBER 4, 2009

So when the Stanford MBA, the ex senior technology developer or the former Chief Revenue Officer of a company is calling me and asking my advice on their next gig you can see why I start with “are you ready to earn or to learn?&#. It was 1999. Ventro was trading at $8 billion on sub $2 million of revenue.

Stock Options 418

Stock Options Stock Liquidation Preference Option Pool 418

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. New Market Revenue Curve. Research in Motion (RIM). They did none of that.

Hockey Stick 271

Hockey Stick Customer Development Silicon Valley Networking 271

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

Seeing Both Sides

AUGUST 3, 2012

With over $1 billion in revenue, 2000 employees and a market capitalization of over $6 billion, Akamai has become a role model for scalable start-ups. billion in revenue, over $1 billion in gross profit and $500 million in EBITDA. The first year of revenue (1999) was $4 million – a remarkable achievement.

Distribution 49

Distribution Lean Massachusetts Cofounder 49

Hearpreneur

SEPTEMBER 16, 2020

He had the good fortune to be an early employee at Facebook. The founders eventually created custom cereal boxes to raise funds so they could continue to operate. billion in annual revenue. 5- Jack Ma founder of Alibaba. In 1999, Alibaba had to face many failures; for the first three years, the company made zero revenue.

Entrepreneur 108

Entrepreneur China Incubator Philippines 108

YoungUpstarts

AUGUST 14, 2017

For those that do, the benefits are a bigger customer base, higher revenues and higher profitability. Marketing products into international markets is not a simple task”, says Julio Oliveto, founder of Livre, an innovative wheelchair-tricycle company in Brazil. But going global can be an intimidating prospect for some.

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Global Small Business Asia Singapore 145

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

Steve Blank

MAY 17, 2011

As time went on, I was a co-founder or member of the starting team for six high-tech startups…. We let our customers, our investors, and our employees down. In 1999… with the company’s revenue north of $100 million…I handed the keys to a new CEO and left. To be honest, I would have gladly done so.

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Philadelphia Miami Thailand Silicon Valley 335

Ben's Blog

JULY 16, 2013

Perhaps you are caught in the “Series A crunch” or perhaps you are a consumer company and expected that you would be valued on users rather than revenue like the last time. 3/31/1999: 49.7. Down rounds are bad and hit founders disproportionately hard, but they are not as bad as bankruptcy. But they most certainly are not.

Down Round 78

Down Round Marketing Preferred Stock Post-Money Valuation 78

Hearpreneur

OCTOBER 30, 2015

In January of 1999, I co-founded a marketing agency with a former boss. I re-ignited Anvil as consultancy, but I wasn’t quite ready to hire employees yet. Working directly with other CEOs and founders, I receive immediate feedback and appreciation for my expertise. Thanks to Mike Samson, crowdSPRING. #3

Entrepreneur 48

Entrepreneur Australia Software Review LLC 48

Ben's Blog

JULY 16, 2013

Perhaps you are caught in the “Series A crunch” or perhaps you are a consumer company and expected that you would be valued on users rather than revenue like the last time. 3/31/1999: 49.7 Down rounds are bad and hit founders disproportionately hard, but they are not as bad as bankruptcy. But they most certainly are not.

Marketing 46

Marketing Preferred Stock Post-Money Valuation Down Round 46

Startup Lessons Learned

JULY 9, 2009

In the summer of 1999, I started working on a startup from my college dorm. Id been on the internet since I was playing MUDs as a kid, but by 1999 I felt Id already missed the boat. You can even see the humiliating evidence of my smug incompetence in this absurd article from 1999.) I pretty much missed all the trends.

San Francisco 94

San Francisco Lean Continuous Deployment DC 94

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. They had a couple experienced co-founders, including the now legendary Reed Hastings, but the problem was that they were stuck at about 300,000 customers. The title is not important; the work they do is.

Product 60

Product Technical Review Software Review Engineer 60

abovethecrowd.com

APRIL 20, 2016

All Unicorn participants — founders, company employees, venture investors and their limited partners (LPs) — are seeing their fortunes put at risk from the very nature of the Unicorn phenomenon itself. A high performing, high-growth SAAS company that may have been worth 10 or more times revenue was suddenly worth 4-7 times revenue.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

Hearpreneur

SEPTEMBER 15, 2017

5- Reflecting on our services, personable nature of employees and some humor. A company needs to learn how to lift themselves, their clients and their employees up, while incorporating digital strategy tactics that will excel in ways that no company or individual thought was possible. So ultimately, it was a bad name. 27- Unusual way.

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Naming Entrepreneur Green LLC 98

SoCal CTO

OCTOBER 5, 2010

5 great viral marketing campaigns (and what small businesses can learn from them!) - crowdSPRING Blog , September 13, 2010 At crowdSPRING we talk a great deal about how we can leverage our limited marketing resources to drive traffic and revenues and build strong community. How To Pick A Co-Founder , by Naval Ravikant (Venture Hacks).

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Technology Product San Francisco CTO Hire 191

Jeff Hilimire

MAY 7, 2014

You can do that through funding, or building recurring revenue that allows the company to continue on, or apparently by saving money on gas or slimming down server hardware. In 1998, Page and Brin decided to take all eight of Google’s employees on a company ski trip to Lake Tahoe. per day if they designated a single driver.

Cofounder 48

Cofounder Founder Hosting Search 48

OnlyOnce

MAY 1, 2019

Today is a special day in my entrepreneurial journey and in the life of the company that I started back in 1999 (last century!), I’m not sure how many Internet companies started in 1999 are still private, backed and led by the same team the whole time, and generally in the same business they started in. Press release is here.

Syndicate 48

Syndicate Syndication Affiliate Cofounder 48

OnlyOnce

MAY 1, 2019

Today is a special day in my entrepreneurial journey and in the life of the company that I started back in 1999 (last century!), I’m not sure how many Internet companies started in 1999 are still private, backed and led by the same team the whole time, and generally in the same business they started in. Press release is here.

Syndicate 48

Syndicate Syndication Affiliate Cofounder 48

Seeing Both Sides

SEPTEMBER 15, 2015

To answer these questions, we built a database of 112 Israeli companies founded between 1996 and 2013 that have met or exceeded $20 million in revenue. The founders have started companies before. More recently, Israeli founders are themselves moving to the U.S. What are the challenges and lessons of scaling up?

Cofounder 20

Cofounder Technical Review United States 20

Start Up Blog

JUNE 6, 2019

A world where big companies, small companies, freelancers and employees can all thrive. After the Dot Com crash of 1999, most yet-to-be-disrupted big firms got back to business. Because shareholders liked that it was only 2 weeks revenue or 6% of cash on hand. But when the web 2.0 Facebook – about $80 a year per person.

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Government Algorithm Artificial Inteligence Social Media 79

abovethecrowd.com

JUNE 2, 2021

This “gain” ($34B last year alone) is a result of a direct wealth-transfer to these individuals FROM the previous owners of the company — founders, executives, employees, and venture investors. Is it disrespectful to imply that the founders, executives, VC-backers, and the boards of these companies are gullible or naive?

IPO 82

IPO Customer Matching Silicon Valley 82