Version One Ventures

JULY 22, 2014

AngelList makes it easier for founders to reach angels and there are hundreds of accelerators and incubators to choose from. We have all heard about the Series A crunch in the Valley (there might actually be up to 2000 companies in the Series A pipeline right now), and perhaps there’s a Series B crunch now too.

Finance 167

Finance Seed Money Bootstrapping Angel Investor 167

Both Sides of the Table

JUNE 22, 2011

I recently spoke at the Founder Showcase at the request of Adeo Ressi. I know that most people who are close to them tend to deny their existence, as we saw in the great housing bubble of 2002-2007 and the dot com bubble of 1997-2000. I said that at the Founder Showcase, too. Or worse yet they may never get financed.

Saudi Arabia 309

Saudi Arabia Valuation IPO Technical Review 309

Duct Tape Marketing

MAY 4, 2022

Cameron is t he founder of the COO Alliance, the World’s Leading Network for Seconds in Command. One when scale started to kick in, when we hit the, you know, 200 employees at the head office, 2000 employees system wide, it started to get complex and a little bit outside of my sandbox. Marketing Podcast with Cameron Herold.

CTO 79

CTO Cofounder Networking Operations 79

Both Sides of the Table

JUNE 5, 2011

I’ve decided to take all of my private conversations and subjective points-of-view on the topic and make them public in a keynote speech at the Founder Showcase in San Francisco on June 15th. That’s the deal you get when you’re raising in a good market for startup financing. It was early 2000. That was market.

Pre-Money Valuation 336

Pre-Money Valuation Valuation Silicon Valley Stock 336

Steve Blank

DECEMBER 23, 2015

Joining me at the Stanford University studio were: Matthew Wallenstein , chairman and co-founder of Growcentia , which aims to revolutionize management of soil health to help crops grow better and faster. Jason Young , co-founder of MindBlown Labs , which makes mobile social games to teach young adults about personal finance.

Cofounder 120

Cofounder Entrepreneur Colorado Customer Development 120

K9 Ventures

SEPTEMBER 8, 2015

Manu Kumar is Founder and Chief Firestarter at K9 Ventures. Kumar was the Founder, President and CEO of SneakerLabs, a company which developed software and services for web-based customer interaction. Direct Revenue, meaning no three-way business models and no advertising, media, or content.

San Francisco 48

San Francisco Early Stage Portfolio Software Engineering 48

Both Sides of the Table

JULY 29, 2010

The A round was done in February 2000 (end of the bull market) and my B round was done in April 2001 (bear market). People buy companies for 3 primary reasons: 1) they want the management team / talent 2) they want the technology or 3) they want the market traction (revenue, customer base, profits, etc). Do it early.

Venture Capital 282

Venture Capital Term Sheet Valuation Stock Options 282

Steve Blank

MARCH 31, 2014

I’m honored to be at a university noted for knowledge, and in a city with 2000 years of history – home of Gaudí one of the 20 th century’s greatest innovators. Companies horde cash and squeeze the most revenue and margin from the money they use. Thank you for the kind introduction. I’d like to start with a request.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

Both Sides of the Table

SEPTEMBER 29, 2009

Just ask anybody who was trying to close funding the fateful week of September 11, 2001 or even March 2000. Huge downturns have a real impact on the revenue line of start-ups and therefore the pressure on valuations. No doubt they spent countless hours arguing for reduced burn rates sometimes with founders, sometimes with investors.

Burn Rate 263

Burn Rate Valuation Pre-Money Valuation Private Equity 263

Steve Blank

JULY 15, 2010

The two decades from 1979 when pension funds fueled the expansion of venture capital to 2000 when the dot-com bubble burst were the Golden Age for entrepreneurs and venture capital firms. Until 1995 startups going public typically had a track record of revenue and profits. Number of Venture Backed Liquidity Events 1991-2000.

Venture Capital 297

Venture Capital IPO Liquidity Event Entrepreneur 297

Both Sides of the Table

JULY 27, 2014

Most of those industries are fee-based and are competing on revenue growth. Scott pointed to B-round SaaS valuations in excess of $100 million in $15m+ financing rounds with companies with very limited proof of customer traction or revenue. I don’t totally agree with that view.

Valuation 309

Valuation Pre-Money Valuation Later Stage Non-Compete 309

Seeing Both Sides

AUGUST 16, 2012

Last week, I wrote about Akamai , a company with strong network effects that successfully transitioned from a single product to build a platform that garners over a billion dollars in revenue and is now a core part of the Internet’s fabric. Big Data meets travel…in 2000. Magical, really. TripAdvisor’s History: Two Big Pivots.

Part-Time VPE 54

Part-Time VPE Software Review Costa Rica Technical Review 54

www.inc.com

SEPTEMBER 24, 2011

Finance | Tuesdays. Financing a Small Business. Financing A Small Business. Personal Finance. Last spring, Dave Graham , founder of software consulting firm Arizona Bay, learned that a major client, Jumpstart Automotive Media, had been acquired for more than $80 million. Start-up | Mondays. Technology | Thursdays.

Arizona 40

Arizona Equity Iowa Venture Capital 40

abovethecrowd.com

FEBRUARY 27, 2019

In 2000, Eric Baker and Jeff Fluhr founded StubHub , a secondary ticket exchange marketplace. In November of this year, the company announced that it had achieved “substantially” more than $1B in revenue in the third quarter. billion of GSV (gross services revenue) across 2.0 The company was acquired by ebay in January 2007.

Internet 88

Internet Matching Vertical Hosting 88

SVPG

SEPTEMBER 30, 2016

They had a couple experienced co-founders, including the now legendary Reed Hastings, but the problem was that they were stuck at about 300,000 customers. To be specific, AdWords is currently 16 years old, and last year alone it generated well over $50B in revenue. The title is not important; the work they do is.

Product 60

Product Technical Review Software Review Engineer 60

Austin Startup

AUGUST 20, 2017

Messy cap tables can come back to haunt you when you do a financing or sell the company. Kalanick, former investor BFF turned highly disappointed by founder behavior. Usually the founders duke it out among themselves as to titles and responsibilities and relative shareholdings. Even for ISO’s, have you heard of form 83(b)?

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

www.huffingtonpost.com

MAY 10, 2011

Because we achieved our most aggressive revenue targets and built a strong community, we realized that we had a broader opportunity to change the world of graphic design. I was lucky to sign on as advisor and investor the founder of a very high-profile consumer Internet site who happens to also be a former engineer, who I will call Richard.

CTO 43

CTO CTO Hire PHP Cofounder 43

VC Cafe

NOVEMBER 3, 2010

Wintegra founders Kobi Ben-Zvi and Robert O’Dell will join PMC-Sierra. “Given the strong strategic fit between the two companies, joining forces will allow us to further accelerate the industry’s transition to IP-based networks,&# Kobi Ben-Zvi, founder and chief executive officer of Wintegra, said. . billion, of which $2.5

Bandwidth 79

Bandwidth Framework Forecast 79

Agile VC

JUNE 17, 2015

My first startup job was as an early employee at PayPal, where I took a job at the end of ‘1999 and started a few months later in 2000. We were a profitable company at that point with nearly $200M annualized revenue, one of the first tech companies to IPO after the dot-com bubble.

Startup 188

Startup Cofounder Seed Stage IPO 188

Duct Tape Marketing

APRIL 27, 2022

Are there ways that you’ve seen local businesses use this in a way that might effectively drive revenue? [19:23] So about, this was like around 2000 ish, I think, or something like that. One is, you know, potentially revenue. There is a founder called Priscilla side. There was a, a guide. I have an example.

Community 69

Community New York Small Business New York City 69

Both Sides of the Table

JUNE 12, 2010

Mo & I both have double majors with one being finance / econ. Company grew by more than “400% each year” for past few years [assume growth metric = revenues]. Investors are the “who’s who” including: Steve Case, Ron Conway, Jack Dorsey, Dave Morin, Betaworks, Founder Collective, AOL Ventures. - $1 million seed round.

Venture Capital 217

Venture Capital Los Angeles Oakland Asia 217

View from Seed

JUNE 17, 2015

My first startup job was as an early employee at PayPal, where I took a job at the end of ‘1999 and started a few months later in 2000. We were a profitable company at that point with nearly $200M annualized revenue, one of the first tech companies to IPO after the dot-com bubble. When we started LinkedIn , it was a similar situation.

Startup 120

Startup Cofounder Seed Stage IPO 120

Startup Lessons Learned

MAY 25, 2020

And this rapid prototyping thing when your back's against the wall and your revenue model's gone from 100% to 10%, if you're a small business, restaurant owner or you're running a small curbside, even a consignment store, I'm trying to help a leader understand how he can serve. So, how are you investing in being even better?

Technical Review 148

Technical Review Balance Sheet Texas Austin 148

The Equity Kicker

AUGUST 25, 2015

I saw that in 2000 and then again in 2008. Making things worse still, consumers and enterprises have less money to spend and startups find it harder to grow revenues. I remember this most clearly from 2000 when I was in a fund that was investing heavily pre and post crash and the VC adjustment took 8-9 months.

Valuation 60

Valuation Startup Stock Portfolio 60

Hearpreneur

SEPTEMBER 15, 2017

And like the LITERATI, professionals we work with are educated on how to market their business in order to increase revenue opportunities. I started a consulting firm called Global Marketing Resources, LLC in 2000 as source for additional income while I was a corporate executive. Thanks to Anita O’Malley, Leadarati ! #16-

Naming 94

Naming Entrepreneur Green LLC 94

Agile VC

JUNE 17, 2015

My first startup job was as an early employee at PayPal, where I took a job at the end of ‘1999 and started a few months later in 2000. We were a profitable company at that point with nearly $200M annualized revenue, one of the first tech companies to IPO after the dot-com bubble.

Startup 100

Startup Cofounder Seed Stage IPO 100

www.chubbybrain.com

SEPTEMBER 28, 2011

spent $20 million to get back to the same revenue that I had when I was CEO. created a vastly higher cost structure; I had 80 people mostly on base salaries under $100,000 and was bringing in revenue at the rate of $20 million annually. .”). Furthermore, founders become highly emotional about their companies.

Software Review 79

Software Review Startup Technical Review Vesting 79

Duct Tape Marketing

OCTOBER 17, 2018

He is the president and founder of Revenue & Associates and the creator of The bullseye marketing framework and we’re going to talk about a book built on that called Bullseye Marketing: How to Grow Your Business Faster. In fact, keep listening, I’m gonna tell you how to get 50 percent off. Louis Gudema: Yeah.

Marketing 56

Marketing Social Media Analytics Software 56

Reid Hoffman

MARCH 19, 2019

Google realized that being the way to find the world’s information was a blitzscalable market, thanks to the network effects in its AdWords revenue engine. Yet despite literally patenting ride-hailing in 2000, his own venture, Sidecar, lost out to the more aggressive scaling of Uber and Lyft. The third is high gross margins.

Cofounder 28

Cofounder Business Model IPO Non-Compete 28

online.wsj.com

SEPTEMBER 23, 2012

The results were similar when he examined data for companies funded from 2000 to 2010, he says. If failure is defined as failing to see the projected return on investment—say, a specific revenue growth rate or date to break even on cash flow—then more than 95% of start-ups fail, based on Mr. Ghoshs research. Legal Services.

Venture Capital 107

Venture Capital Software Review Rhode Island North Dakota 107

Ben's Blog

JULY 16, 2013

Perhaps you are caught in the “Series A crunch” or perhaps you are a consumer company and expected that you would be valued on users rather than revenue like the last time. 3/31/2000: 73.4. In June of 2000, I raised money at an $820M post-money valuation. Financing capital market down round fundraising outkast'

Down Round 78

Down Round Marketing Preferred Stock Post-Money Valuation 78

David Teten

AUGUST 7, 2019

Likely signs of a Value investment: the company has challenges in filling out the round; the investors have more negotiating leverage than the founders during the closing process; the company has significantly better metrics (e.g. LTV / CAC, revenue growth, etc.) Requires less analysis. But VC is historically and consistently cyclical.

Venture Capital 60

Venture Capital Valuation Stock NDA 60

Spencer Fry

APRIL 17, 2017

If this is the case, you may find yourself starting all over with little revenue (if any), a 1-2 person team that might be consulting on the side to pay bills, and no marketing spend. Long story short, it’s just not 2000's anymore. The quality bar has never been higher. Having great accountability. Nobody can tell you what to do.

Bootstrapping 63

Bootstrapping Cap Table Liquidation Preference Cofounder 63

ReadWriteStart

NOVEMBER 16, 2010

But you don't have any lords and masters to answer to and the pay out goes entirely to the founders and management team. He is currently Co-Founder of CapitalMarkets.com and Editor Of SaaSInsights. You have to do this; addressing real customer needs releases revenue dollars that you need to survive. Photo by LotusHead.

Software 127

Software Startup Architecture Bootstrapping 127

maplebutter.com

JANUARY 8, 2013

I would focus on one product and set a goal to generate $1M in yearly revenue from it. Outsourcing is something a big company, with a known customer / problem (that has revenue & traction) does to save cost. Whats is the best way to find a co-founder for your startup? Once you’ve done that – then. do something else.

Technical Review 44

Technical Review Startup Cofounder Software Review 44

Mike Michalowicz

JANUARY 17, 2017

Since 2000, the number of IBD shops has almost been cut in half. Jay Townley is the co-founder and partner of Gluskin Townley Group, a consulting firm with over 75 collective years of experience in the bicycling, research and retail industries. Profitability is the main key to business success. Find out more about Jay here: [link].

North America 68

North America Iowa America Community 68

Mike Michalowicz

JANUARY 17, 2017

Since 2000, the number of IBD shops has almost been cut in half. Jay Townley is the co-founder and partner of Gluskin Townley Group, a consulting firm with over 75 collective years of experience in the bicycling, research and retail industries. Profitability is the main key to business success. Find out more about Jay here: [link].

North America 60

North America Iowa America Community 60