Ben's Blog

JULY 16, 2013

3/31/2000: 73.4 In June of 2000, I raised money at an $820M post-money valuation. 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. One would be wrong: 3/31/1995: 21.0 3/29/1996: 22.3 3/31/1997: 23.3 3/31/1998: 30.8

Marketing 46

Marketing Preferred Stock Post-Money Valuation Down Round 46

Both Sides of the Table

JANUARY 22, 2011

I remember having a merger called off at the last minute and having a planning meeting at a pub to figure out how to run a bankruptcy process (luckily, we never had to do it). The management team wasn’t strong enough. What do you tell somebody in that situation? And I had all the VCs play head games with me.

Entrepreneur 176

Entrepreneur Startup Salary Egypt 176

Pascal's View

APRIL 5, 2016

For example, today, designing a smartphone App that alerts you when you have lost your car keys isn’t a viable standalone company; today, a service-based local software solution to manage ecommerce for brick and mortar companies, even if it is profitable, is not an interesting technology investment.

Austria 28

Austria Global Silicon Valley Advisory Board 28

Both Sides of the Table

JANUARY 16, 2012

I raised money as an entrepreneur, like you, in 1999, 2000, 2001, 2003 and 2005 for two different companies. These include building products, recruiting, managing your finances, marketing, selling, getting feedback from customers and … fund raising. People who manage processes make more sales. Test interest.

Developer 366

Developer Silicon Valley PR Las Vegas 366

Both Sides of the Table

JANUARY 31, 2010

We raised a seed round of capital in 1999 and our first venture capital round was the first week of March 2000 (e.g. But this was early 2000 and our US competitors had already closed rounds North of $45 million. We had a $40 million round lined up to close in the Autumn of 2000. We were weeks from bankruptcy.

Entrepreneur 308

Entrepreneur Silicon Valley San Diego Non-Compete 308

Steve Blank

NOVEMBER 1, 2010

But nine months after the first call was made in 1998, Iridium was in Chapter 11 bankruptcy. And they rolled all of this up into a set of financial forecasts with a “size of market” forecast from brand name management consulting firms that said they’d have 42 million customers by 2002. It was a technical tour de force.

Business Plan 335

Business Plan Customer Business Model Customer Development 335

online.wsj.com

JULY 11, 2012

As a registered user of The Wall Street Journal Online, you will be able to: Setup and manage your portfolio. Receive and manage newsletters. that did so in 1999 and 2000, according to an analysis for The Wall Street Journal by Jay R. Most people want to know management is accountable.". Why Register? Todays Paper.

Silicon Valley 42

Silicon Valley Founder Software Review Technical Review 42

Both Sides of the Table

FEBRUARY 14, 2016

I’d like to explain as best I can my opinion on what is going on because most of what I hear from entrepreneurs is not only wrong but is reminiscent of what I heard in 1997-2000. In September 2008 this was the bankruptcy of Lehman Brothers and the rippling effect was massive. What is the True Sentiment of VCs?

Valuation 150

Valuation Down Round Startup Later Stage 150

YoungUpstarts

FEBRUARY 12, 2012

In 2000, the 22,000 people on staff at Enron could be proud: they were spending their days at one of Fortune ‘s “100 Best Companies to Work For in America.” ” But on the morning of December 2, 2001, Enron declared bankruptcy.

America 169

America Bankruptcy United States Naming 169