Steve Blank

OCTOBER 24, 2016

After running Microsoft for 25 years, Bill Gates handed the reins of CEO to Steve Ballmer in January 2000. If the Microsoft board was managing for quarter to quarter or even year to year revenue growth, Ballmer was as good as it gets as a CEO. When visionary founders depart (death, firing, etc.),

Azure 120

Azure Business Model Cloud Artificial Inteligence 120

Steve Blank

OCTOBER 24, 2016

After running Microsoft for 25 years, Bill Gates handed the reins of CEO to Steve Ballmer in January 2000. If the Microsoft board was managing for quarter to quarter or even year to year revenue growth, Ballmer was as good as it gets as a CEO. When visionary founders depart (death, firing, etc.),

Azure 120

Azure Business Model Cloud Artificial Inteligence 120

Up and Running

AUGUST 18, 2014

In comparison to traditional business ventures, startups are expected to grow rapidly, at a rate of between 5% and 7% per week in their initial stage – Paul Graham, co-founder of Y Combinator. This is why many startup founders launch with exit strategies that focus on a buy-out. Is a startup business right for you?

Small Business 154

Small Business Exit Strategy Cofounder Angel Investor 154

Both Sides of the Table

AUGUST 28, 2009

My competitors from those days STILL love to talk about how much money we raised in February 2000 (get over it already!). I know that we haven’t brought in revenue as quickly as we had hoped. They haven’t hit their revenue targets. Reach out to the founders, not the staff. We do hand out stock options.

PR 331

PR Software Review Ireland Germany 331

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. Either way it turned into a heated debate.

Valuation 309

Valuation Pre-Money Valuation Later Stage Non-Compete 309

YoungUpstarts

DECEMBER 5, 2013

by Aneace Haddad, CEO & Founder, Taggo. Of course incumbents cannot be expected to jeopardize their revenue streams or investments in CRM platforms with new concepts that wipe out the need for their current solutions. Too much was at stake, we couldn’t afford the risk of destabilizing everything and losing substantial revenue.

Programming 150

Programming Turkey Social Media Redemption 150

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. some founders lose their life savings.

Saudi Arabia 309

Saudi Arabia Valuation IPO Technical Review 309

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. The stock market clearly values companies that can deliver disruptive innovation.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

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. VC’s invested their limited partners’ “risk capital” in a portfolio of startups in exchange for illiquid stock. Here’s why. Source: NVCA.).

Venture Capital 297

Venture Capital IPO Liquidity Event Entrepreneur 297

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. The professor plotted data and showed us statistically that most people buy stocks when they are booming (e.g.

Burn Rate 263

Burn Rate Valuation Pre-Money Valuation Private Equity 263

www.inc.com

SEPTEMBER 24, 2011

Why Arizona Bay started taking stock from its customers instead of cash. 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. The 2011 Top Lists. 500|5000 Conference. Honorees Resources. Apply. ); Topics >.

Arizona 40

Arizona Equity Iowa Venture Capital 40

Steve Blank

MARCH 18, 2011

Dot.com Bubble ( 1995-2000): “ Anything goes” as public markets clamor for ideas, vague promises of future growth, and IPOs happen absent regard for history or profitability. VC’s worked with entrepreneurs to build profitable and scalable businesses, with increasing revenue and consistent profitability – quarter after quarter.

Internet 334

Internet IPO Silicon Valley Agile 334

Agile VC

MAY 26, 2011

Many assume it was a cakewalk, based on the success LinkedIn has enjoyed over time and the current stature of our founder/CEO Reid Hoffman (now Chairman). Silicon Valley is still emerging from the tech bubble and massive downturn of late 2000-2002. Google is still a private company (their IPO was Aug 2004).

Term Sheet 178

Term Sheet Silicon Valley Technical Review Social Network 178

ConversionXL

JUNE 5, 2014

It’s too bad, because a report by local & small business locator, Manta.com found that 61% of the small businesses surveyed indicated more than half of their revenue comes from repeat customers. In a 2000 study found 68% of customers stop doing business with a company due to feeling like the company was indifferent towards them.

Retention 115

Retention Customer Developer Programming 115

ConversionXL

JUNE 5, 2014

It’s too bad, because a report by local & small business locator, Manta.com found that 61% of the small businesses surveyed indicated more than half of their revenue comes from repeat customers. In a 2000 study found 68% of customers stop doing business with a company due to feeling like the company was indifferent towards them.

Retention 112

Retention Developer Customer Programming 112

ConversionXL

JUNE 5, 2014

It’s too bad, because a report by local & small business locator, Manta.com found that 61% of the small businesses surveyed indicated more than half of their revenue comes from repeat customers. In a 2000 study found 68% of customers stop doing business with a company due to feeling like the company was indifferent towards them.

Retention 105

Retention Customer Developer Programming 105

ConversionXL

JUNE 5, 2014

It’s too bad, because a report by local & small business locator, Manta.com found that 61% of the small businesses surveyed indicated more than half of their revenue comes from repeat customers. In a 2000 study found 68% of customers stop doing business with a company due to feeling like the company was indifferent towards them.

Retention 98

Retention Customer Developer Programming 98

Austin Startup

AUGUST 20, 2017

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. If you are the lead founder, if behooves you to sort all this out and get started with a clean organization. How about your Investors ?

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

ReadWriteStart

MAY 25, 2018

Perceived bubbles are funny: They can propel even the worst companies to the top of the stock charts. To find investors who will stay with you for the long haul, showcase realistic, revenue-generating applications of this technology and prove it can outlive the hype. In November 2000, an index of 280 internet stocks was down by $1.7

South Korea 114

South Korea Silicon Valley Sweden Africa 114

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

David Teten

AUGUST 7, 2019

The second strategy is Value Investing , a strategy which “seeks to maximize returns by finding stocks that are undervalued by the market…Investors assess a stock’s intrinsic value…and compare that value with the stock price. LTV / CAC, revenue growth, etc.) Requires less analysis.

Venture Capital 60

Venture Capital Valuation Stock NDA 60

Duct Tape Marketing

JULY 13, 2022

Mike is also the founder of Profit First Professionals. He is also the founder of profit first professionals. And we've now over a thousand student, over 2000 students, I've gone through that program. The clean, the inventory room, stock everything correctly. Mike is also the founder of Profit First Professionals.

Employee 91

Employee Design Networking Differentiation 91

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. As if the common stock were actually the same as preferred stock.

Down Round 78

Down Round Marketing Preferred Stock Post-Money Valuation 78

Reid Hoffman

MARCH 19, 2019

And from a financial perspective, any investor would be better off buying stock in Amazon than buying and share of a corner bookshop; if you invested $100 in Amazon’s 1997 initial public offering (IPO), those shares would have been worth about $120,000 in 2018. I [Reid] remember when Airbnb co-founder Brian Chesky told me about the offer.).

Cofounder 28

Cofounder Business Model IPO Non-Compete 28

Seeing Both Sides

AUGUST 3, 2012

With over $1 billion in revenue, 2000 employees and a market capitalization of over $6 billion, Akamai has become a role model for scalable start-ups. billion in revenue, over $1 billion in gross profit and $500 million in EBITDA. The first year of revenue (1999) was $4 million – a remarkable achievement. Gross Profit. $(60).

Distribution 49

Distribution Lean Massachusetts Cofounder 49

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. As if the common stock were actually the same as preferred stock.

Marketing 46

Marketing Preferred Stock Post-Money Valuation Down Round 46

SVPG

SEPTEMBER 30, 2016

Hate mail started streaming in from everywhere - including emails directly to Bill Gates who would forward them on to the team with messages like "this is depressing MSFT's stock price. 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.

Product 60

Product Technical Review Software Review Engineer 60

Both Sides of the Table

FEBRUARY 25, 2010

My co-founder and other management team members wanted us to hold off and see whether we could get the deal done at a higher price. We moved into the legal process and final due diligence in January and February of 2000. Our final closure was the first week of March 2000. I was resolute. They accepted my argument.

Technical Review 301

Technical Review Term Sheet Due Diligence Venture Capital 301

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

abovethecrowd.com

FEBRUARY 27, 2019

In 2000, Eric Baker and Jeff Fluhr founded StubHub , a secondary ticket exchange marketplace. The estimated annual GMV of GOAT and its leading competitor Stock X is already over $1B per year (on a combined basis). 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

www.paulgraham.com

APRIL 28, 2010

VCs are notoriousfor leading founders on. Bootstrapping (= Consulting) Some would-be founders may by now be thinking, why deal with investorsat all? We chargedquite a lot for our software—about $140 per user per month—butit was at least a year before our revenues would have covered evenour paltry costs.

Bootstrapping 77

Bootstrapping Term Sheet Founder Startup 77

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

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

online.wsj.com

SEPTEMBER 23, 2012

Virtual Stock Exchange. Stock Quotes. The results were similar when he examined data for companies funded from 2000 to 2010, he says. Consider Daniel Dreymann, a founder of Goodmail Systems Inc., AllThingsDigital. AllThingsDigital. Financial News. Professor Journal. SmartMoney. Student Journal. WSJ Classifieds.

Venture Capital 107

Venture Capital Software Review Rhode Island North Dakota 107

Startup Lessons Learned

JUNE 9, 2020

I've known Brian Chesky, Co-Founder, CEO and Head of Community at Airbnb for a long time. A complete collapse of revenue that simultaneously affects your employees and your customers, your partners, your investors, everyone all at once and all the news is bad. And of course, this is 2000. So then what? I hope you will.

Silicon Valley 60

Silicon Valley Hosting Cofounder Employee 60

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. forward revenue for SaaS businesses when in the years before it had been less than 5x. What is the True Sentiment of VCs?

Valuation 150

Valuation Down Round Startup Later Stage 150

Cracking the Code

OCTOBER 13, 2020

The average revenue multiple is now 17x+, close to 10 times higher than during the 2008 crisis! Is the sky the limit for Cloud public stocks? In 2000 and 2008, the economic crises had a dramatic impact on the tech ecosystem, but 2020 seems to be very different. On the IPO front, the one word that comes to mind is “supersize”.

Europe 71

Europe Cloud Silicon Valley 71