Remove 2000 Remove Disintermediation Remove Startup Remove Term Sheet
article thumbnail

Don’t drink your own Kool-Aid (surviving TC50)

Both Sides of the Table

My Story: The public coming out for my first company, BuildOnline, was in early 2000. Everybody thought the real substance was going to come from B2B eCommerce players that would deliver “real value&# by disintermediating supply chains … blah, blah, blah. We had 6 term sheets in no time. We closed a $16.5