Both Sides of the Table

SEPTEMBER 25, 2010

These days there are many lawyers that will do equity deals cheaply as long is it is a standardized, simplified term sheet, early stage, no serious investor / management debates, limited IP / customers / due diligence and as long as they perceive you as a “hot&# company that’s likely to need legal services for many years ahead.

Finance 286

Finance Term Sheet Technical Review Warrant 286

Hunter Walker

MARCH 16, 2023

companies; the Class of 1999 had founded the bad Internet 1.0 Pivot to the right with a few years of management consulting and use Powerpoint on cross country flights to make stop motion animations. I was getting my MBA at the time which in some ways wasn’t just part of the DotCom storyline but an epicenter. All I needed was a job.

Stock 74

Stock IPO Database Internet 74

Growthink Blog

SEPTEMBER 20, 2010

Gordon Gekko may have a new movie coming out, but the days of the jolly old stock market he once knew are gone forever. public stock market performance over the past 11 years has been. market indices (Dow, S and P, NASDAQ) are trading lower today than they were in September 1999. And if so, what to do about it?

Stock 48

Stock Vesting Japan Algorithm 48

Growthink Blog

OCTOBER 25, 2010

Now there once was a very special time when everyone made money in the stock market. And in the 90’s, the good times rolled, with the Dow skyrocketing from 777 in August 1982 to 11,028 in September 1999. But when compared to the stock market at least it is a fair fight. Let’s take a step back. Looking for Opportunities Now?

Portfolio 69

Portfolio Technical Review Stock Incubator 69

Both Sides of the Table

JULY 25, 2011

When I first started as a startup CEO in 1999 there were no guides on raising venture capital. But know that every term in your term sheet is there as a result of some dispute of the past between shareholders or between shareholders & management. Or what “participating preferred&# stock is and how it can screw you.

Liquidation Preference 304

Liquidation Preference Term Sheet Cap Table Participating Preferred 304

www.inc.com

SEPTEMBER 24, 2011

Leadership & Managing | Tuesdays. LEADERSHIP & MANAGING. Managing Creativity. Before Roving Software could receive its first round of financing from professional investors, in early 1999, he had to put all the stock arrangements in writing. Technology | Thursdays. Small Business Success | Mondays and Thursdays.

Fractional CTO 40

Fractional CTO Equity Iowa Technical Cofounder 40

Growthink Blog

SEPTEMBER 13, 2010

public stock market long-term woes would be comical if they weren’t so tragic. We are now well-beyond 11 long years of ZERO public market returns, with major indices (Dow, S & P, and NASDAQ) trading much lower than they were in September 1999. For the U.S. Everything else is just noise. Looking for Opportunities Now?

Brazil 69

Brazil Government Angel Investor India 69

Transformify

SEPTEMBER 2, 2022

Consequently, it may result in higher trade volume, FDI, and enhanced liquidity in the stock markets. The shift to remote work and the easily affordable vendor management systems allow seamless sourcing, onboarding and management of remote teams while fully automating billing and payments.

Global 95

Global Brazil Russia Singapore 95

Both Sides of the Table

NOVEMBER 4, 2009

If you’re thinking about joining as the director of marketing, product management manager, senior architect, international business development lead, etc. OK, you would own 0.25% of the stock. Now … these are stock options and not restricted stock so you’ll likely be taxed at a long-term capital gains rate.

Stock Options 418

Stock Options Stock Liquidation Preference Option Pool 418

Growthink Blog

AUGUST 29, 2010

stock market performance and the drumbeat of negativity that passes as business reporting these days has been the massive growth in U.S. By way of anecdote, from the time Dave Lavinsky and I founded Growthink in 1999 through 2008, more than 95% of our firm’s clients and investors were U.S. Almost completely shrouded in the anemic U.S.

Small Business 81

Small Business South Korea South Africa Uruguay 81

Agile VC

MAY 26, 2011

And obviously all the liq prefs went away in the IPO when pref stock converted to common. Btw, here’s our startup [link] We are bringing yield management to the restaurant industry. This is my 2nd time trying this, first time was in 1999. It was a slightly funky formula, this was before caps became more widespread.

Term Sheet 178

Term Sheet Silicon Valley Technical Review Social Network 178

abovethecrowd.com

OCTOBER 17, 2013

In addition to market concerns, I had the unique experience of working with Dan Nordstrom and the team at Nordstrom.com in August of 1999. Back in the mid 1990’s I had a front row seat to watch Dell’s ascendance from a small company in Austin, Texas to the world’s largest manufacturer of personal computers.

eCommerce 62

eCommerce Technical Review North America San Francisco 62

ReadWriteStart

APRIL 26, 2012

This from a man who knows from having made bigger investments that are smaller : Duncan Davidson, Managing Director of Menlo Park-based Bullpen Capital. They all went away; they got rolled up in 1999 and 2000 into these too-big-to-fail banking operations," Davidson tells us. When small fluctuations in stock value changed from 12.5¢

IPO 115

IPO Stock San Francisco Lean 115

Both Sides of the Table

JUNE 28, 2011

When I built my first company starting in 1999 it cost $2.5 million in team costs to code, launch, manage, market & sell our software. We had to learn how to be better at “load balancing & replication&# – meaning how we managed data across all the boxes since they weren’t centralized on one box.

Venture Capital 334

Venture Capital Software PHP Open Source 334

thebarefootvc

DECEMBER 18, 2020

Like him, many retail investors were drawn into nonstop television coverage and headlines that were (to me, scarily) reminiscent of 1999. Yesterday, UK investment firm Ruffer Investment Management revealed it was holding over $700M in BTC. He had long ago sold his BTC at a loss and forgotten about it.

SEC 45

SEC Valuation Institutional Investors Global 45

Feld Thoughts

JUNE 6, 2014

After the dust settled and I had sold all the stock I’d received, I’d made somewhere between $1m and $2m after tax. We figured we could easily live for the rest of our life on consulting income and what we’d managed to save, even if none of the angel investments I was making turned into anything. Totally brilliant.

Alaska 166

Alaska Widget Colorado Angel Investor 166

Diego Basch

JUNE 2, 2012

One fine day in June of 1999 I was sitting at my desk, writing code, in the zone. In 1999 it was common practice to print the employee roster every week (including phone extensions) and distribute it to everyone. A week or so later, the stock went public. At the 30-day mark I checked the stock, and it was trading at $6.

IPO 62

IPO Argentina Stock .Net 62

finance.fortune.cnn.com

AUGUST 21, 2012

Now Fortune has obtained more granular data, including returns for dotcom-era funds managed by such firms as Accel Partners, Benchmark Capital, General Catalyst Partners and Lightspeed Venture Partners. We agreed to withhold the name of the fund-of-funds manager and to not post the source documents, as a condition of receiving the materials.

Naming 49

Naming Term Sheet Private Equity Equity 49

Both Sides of the Table

MAY 23, 2012

There are obvious reasons the industry has had less-than-desirable returns, including: massive over-funding of the sector, huge increases in inexperienced venture capitalists that took a decade to peter out, and the massive correction in the value of the public stock markets that closed many exit opportunities for half a decade.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

Ben's Blog

JULY 16, 2013

3/31/1999: 49.7. In fact, if you are like most companies, your managers probably implied to your employees that your stock price would only rise as long as you were private. They might have said something ridiculous like: “Based on the current price of the preferred stock, your offer is already worth $5M.” Silly them.

Down Round 78

Down Round Marketing Preferred Stock Post-Money Valuation 78

Up and Running

APRIL 4, 2014

The 1999 Macy’s Thanksgiving Day Parade even featured a balloon created in its image. But over the course of the Edsel’s three-year run, Ford only managed to unload 118,000 of them. When Ford’s public relations manager, C. The sock puppet’s most notable appearance was in an eyebrow-raising $1.2 What Went Wrong?

Sales 126

Sales IPO Texas Advertising 126

YoungUpstarts

MAY 21, 2012

Multinational conglomerate holding company Berkshire Hathaway is best known for its control investor, Warren Buffett, who has grown the company by investing not just in stocks, but in entire companies. In 1999, Goodrich became the No. Berkshire Hathaway. 1 supplier of landing gear and other aircraft parts. billion in September 2011.

Mississippi 209

Mississippi San Francisco Minnesota Bankruptcy 209

Austin Startup

JULY 23, 2010

Having been founded in 1999, Zilliant is hard to categorize as a startup anymore. The company creates the leading software in an enterprise niche called pricing optimization and margin management. Most people don’t really think of pricing as an elastic thing. An item’s price is the price. Or both things could be happening.

Balance Sheet 67

Balance Sheet Private Equity LP IPO 67

ithacaVC

SEPTEMBER 4, 2011

When I was General Counsel at a tech company during the 1999 bubble times, I kept the company’s Cap Table. Note how the new CTO Praveena implicitly negotiated to get her 15% founders shares after creation of the stock option pool. Each type and series of stock (Common, Series A, Series B, etc.)

Cap Table 49

Cap Table Finance Option Pool Warrant 49

ConversionXL

DECEMBER 7, 2016

You should always go with the metrics that best define what item in your stock or piece of content on your site is the most popular with your visitors. It’s merely meant to provide some food for thought to store owners or managers who are planning on implementing a recommender system or taking their current practices to the next level.

Conversion 48

Conversion Product Technical Review Widget 48

Both Sides of the Table

APRIL 27, 2010

My original post was directed at hiring managers. My view still stands – for many hiring managers a large factor in looking through resumes of somebody who is 30+ and has never worked somewhere for more than 18 months will be the job hopping element. I learned how to better run a product management process.

Venture Capital 285

Venture Capital Hiring Software Review Stock Options 285

Pascal's View

AUGUST 21, 2011

This time, the debate centers on the “favored few” Social Media venture backed companies that have brought tremendous windfalls to a select group of venture funds and management teams, both pre- and post-IPO. … We have a stock market that works for one kind of buzzy (Demand Pull) stock but is a disaster for the rest of the economy.

Valuation 50

Valuation Social Media Media IPO 50

Seeing Both Sides

AUGUST 3, 2012

Interestingly, the company’s founding vision was not a lean idea, but rather a big idea: to accelerate and manage Internet traffic on a global, highly scalable, highly distributed scale. The first year of revenue (1999) was $4 million – a remarkable achievement. How did Akamai do it? . . Founding Akamai. Gross Profit. $(60).

Distribution 49

Distribution Lean Massachusetts Cofounder 49

Ben's Blog

JULY 16, 2013

3/31/1999: 49.7 In fact, if you are like most companies, your managers probably implied to your employees that your stock price would only rise as long as you were private. They might have said something ridiculous like: “Based on the current price of the preferred stock, your offer is already worth $5M.” 3/29/1996: 22.3

Marketing 46

Marketing Preferred Stock Post-Money Valuation Down Round 46

Both Sides of the Table

FEBRUARY 25, 2010

When I was raising money for my first company we had closed a seed round in 1999 and were working on our A round. We had many term sheets (it was 1999 and we had a pulse) and we were deciding which one to take. It was December 1999. It was December 1999. Let me start with a story. I was resolute. I was resolute.

Technical Review 301

Technical Review Term Sheet Due Diligence Venture Capital 301

ReadWriteStart

AUGUST 26, 2022

Good CEOs will look inside and say: “Hey, maybe we’ve been hiring a little bit too much during the sugar rush phase of the pandemic, and what does that mean for performance management? And so a lot of it is performance management. The churn rate increased, and then the stock plummeted by 70 percent. Have we become soft?

Partner 132

Partner Cofounder Retention Acquisition 132

Diego Basch

JANUARY 16, 2012

This startup provides wealth management for people who recently made some money and don’t know much about investing. When I first sold some Inktomi stock in 1999, I immediately bought a copy of Burton Malkiel’s A Random Walk Down Wall Street. I checked out the service and it looks useful.

Silicon Valley 47

Silicon Valley PR Stock Portfolio 47

Ben's Blog

OCTOBER 29, 2020

Once again, the 1999-2000 dot-com bubble period shows the highest percentage of pricing above the initial filing range – 44% of deals were priced above. The implications of this for asset managers is that they need to find yield (aka, investment returns) elsewhere. These commissions are a process by which an investor pays, say, $0.30

IPO 36

IPO Securities and Exchange Commission Demand SEC 36

SVPG

SEPTEMBER 30, 2016

When I first decided to start The Silicon Valley Product Group, I had just left eBay and had some very strong opinions about what makes great product teams, and great product cultures, and while there were more than a few important thinkers and leaders on these topics, one area that I felt was under-represented was the role of product management.

Product 60

Product Technical Review Software Review Engineer 60

ConversionXL

APRIL 24, 2019

The concept of “economic moats” came from a 1999 Fortune article by Warren Buffett: The key to investing is [.] Economic moats remain tethered to investing: A bigger moat makes a stock a better bet. Economic moats remain tethered to investing: A bigger moat makes a stock a better bet. High switching costs.

Non-Compete 122

Non-Compete United States Networking Acquisition 122

Feld Thoughts

FEBRUARY 28, 2023

In addition, there are the managing directors as executive bodies. In the VC sector, it is common to introduce a third body in addition to the shareholders’ meeting and the management. The boom years of 1998 (79 IPOs), 1999 (175 IPOs), and 2000 (142 IPOs) are long gone.

Germany 165

Germany Liquidation Preference Option Pool Advisory Board 165

Both Sides of the Table

FEBRUARY 17, 2010

Within a year WAP became the laughing stock of the mobile industry. App is one step forward, two steps back – In 1999 I launched my first company, BuildOnline, a SaaS-based (back then we were ASP’s) content management platform for large-scale engineering and construction projects. It was slow.

Flash 326

Flash Mobile Application Development Cloud 326