Both Sides of the Table
DECEMBER 11, 2022
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. During this era, from 2009–2015, most founders I knew were in it for building great & sustainable companies.
Both Sides of the Table
FEBRUARY 12, 2019
Between 1999–2005 the costs went down by 90% and between 2005–2010 they went down a further 90%. I launched my first startup in 1999 so I know the economics of launching from first-hand experience. The “A Round” of my startup in 1999 was $16.5 million and my A Round in 2005 was only $500,000 (and that’s all I ever raised).
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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.
Both Sides of the Table
JULY 22, 2010
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. Other founders, “as a privately held company we don’t disclose our valuation.&# Me, “dude, I’m not a journalist. Investors own 25%, the founders own 75%.
Startup Professionals Musings
JULY 26, 2020
They are 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. The numbers represent a 45% increase from the previous quarter’s tally, but a 14% drop from the same quarter in 2019. Analysts want escalating profits.
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.
YoungUpstarts
AUGUST 30, 2016
by Shane Kenny, founder of Filtersnap. In 1999, my brother Aaron and I started InternetSafety.com. Founder of Filtersnap Shane Kenny has been in the filtering business for over 15 years. In 1999, he started InternetSafety.com with his brother. I love the fast-paced, see-my-work-have-a-big-impact nature of a new startup.
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