Both Sides of the Table

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Steven Blank Kills It at Greycroft CEO Summit

Both Sides of the Table

I really enjoyed learning more about Buddy Media and meeting Michael Lazerow. It was Steve Blank – creator of the “customer development” process, founder of E.piphany (a high profile CRM company in the late 90’s that IPO’d in 1999), instructor at both Stanford and Berkeley and author of a well read blog.

PR 279
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73.6% of all Statistics are Made Up

Both Sides of the Table

The headlines in the media are filled with that latest stats. In 1999 I was in Japan doing a strategy project for the board of directors of Sony. How to Interpret Analyst Reports. Stats sell. The stats are often quoted from the latest reports. People throw them around at cocktail parties. of all statistics are made up.

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Revisiting Paul Graham’s “High Resolution” Financing

Both Sides of the Table

Blanchard/O’Reilly Media. When I was raising money in late 1999 I had an investment team in Germany (I was in the UK) suggest that they should get a lower valuation than others because they were ex McKinsey guys and had better access to industry. Photo credit: D.

Finance 286
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Domain Experience Gives Entrepreneurs an Unfair Advantage

Both Sides of the Table

My first company launched in 1999 and we were offering a SaaS document management in the cloud (we were called ASPs back then). I have a good friend who spent years building relationships with senior executives at media companies. I’ll always point out when I am.). I learned the domain lesson myself. He’s a star.

San Diego 267
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What Angel Investing & Florida Condos Have in Common

Both Sides of the Table

I kept pointing to the artificial gains in the Nasdaq in 1999 and said, “just because you bought in Feb ’99 and sold in Sept ’99 for a large gain doesn’t meant the asset was correctly priced.&# My message to everybody at the time, “Sell! At dinner parties I was wrong for several years but I stuck to my guns.

Florida 299
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It’s Better to Beg for Forgiveness than to Ask for Permission

Both Sides of the Table

In 1999 I was working in the London offices of Andersen Consulting. I heard word that a new project was starting in Tokyo to work for the board of directors of a very large and well known Japanese electronics company to work on their Internet strategy looking at media, devices and networks. Both Tyler & I are Nihon -files.

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Understanding Changes in the Software & Venture Capital Industries

Both Sides of the Table

When I built my first company starting in 1999 it cost $2.5 The biggest media attention in our industry went to the so-called “super angels&# during the 2009/10 timeframe and while I don’t believe there is such thing as a super angel I believe that much media attention was deserved. Spawning of Micro VCs.