Both Sides of the Table

AUGUST 28, 2009

Goldman Sachs (an investor in our company) told us we’d IPO within 18 months for $1 billion so not to take any offers. My competitors from those days STILL love to talk about how much money we raised in February 2000 (get over it already!). Our sales forecasts were revised downward – many times. We were hot.

PR 331

PR Software Review Ireland Germany 331

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. Three reasons: There is a relative valuation between the price a VC pays and their expectations of what it will exit for in an IPO or trade sale.

Burn Rate 263

Burn Rate Valuation Pre-Money Valuation Private Equity 263

A Smart Bear: Startups and Marketing for Geeks

OCTOBER 23, 2012

.” Here’s the summary of his track record (excerpted from the Fast Company article): Forefront — IPO’ed in 1995 by CBT — CBT stock fell 85% in 1998 and prompted class-action lawsuits. invested, IPO’ed in 2000 for $32/share — stock price now $2. from an IPO under a year ago of $10.

IPO 240

IPO Flash Bootstrapping Private Equity 240

Feld Thoughts

JANUARY 11, 2021

It took a while for me and my partner Dave Jilk to decide to do it, but we closed the sale in November 1993. I remember clearly a phone call on 12/1/2000 where Len called me from NYC. Soon after, Len called me and asked if I’d be interested in selling Feld Technologies to Sage Alerting. Under the terms, he signed his name.

SEC 164

SEC Cofounder Boston New York 164

Both Sides of the Table

MAY 23, 2012

In 1998 there were around 850 VC funds and by 2000 there were 2,300. By 2000 the total LP commitments had mushroomed to more than $100 billion. IPO markets had burned an entire cycle of retail stock investors and many institutional investors to boot. So of course returns from 2000-2010 were subpar on average for the industry.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

abovethecrowd.com

AUGUST 23, 2020

But in light of where we are in 2020, especially with regard to the degrading efficiency and sky-rocketing cost of capital through the structurally broken IPO process, SPACs may emerge as a legitimate third option for helping Silicon Valley companies efficiently and cost-effectively transition into the public markets.

IPO 118

IPO Silicon Valley Warrant Matching 118

Both Sides of the Table

SEPTEMBER 6, 2010

I freely admit this (along with nearly everything between 1999-2000) was a mistake. We set our sites on our IPO price and then worked back to our current valuation and showed potential employees what we thought they could earn (with all legal caveats) if the company was successful. I think they believed it, too.

Stock Options 294

Stock Options Stock Valuation Liquidation Preference 294

BeyondVC

NOVEMBER 17, 2006

I am not sure if you saw the news , but Salary.com recently filed for an IPO to raise up to $50 million. Our direct sales group markets and sells our solutions primarily using the telephone and web-based demonstrations. If the IPO markets open up again, it would give investors and entrepreneurs another option to create value.

IPO 60

IPO Investment Bankers Demand Revenue 60

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. Blitzscaling is a strategic technique for moving faster, not a reckless gamble.

Cofounder 28

Cofounder Business Model IPO Non-Compete 28

David Teten

MAY 16, 2011

Joe Chernesky, Vice President and General Manager of Global Licensing Sales, Intellectual Ventures. Kupietzky held a variety of management roles in marketing, sales and product management at world-class technology companies: Digital Insight (Intuit), Loudcloud/Opsware (Hewlett-Packard) and Siebel Systems (Oracle).

Naming 122

Naming Government Intellectual Property LLC 122

Up and Running

APRIL 4, 2014

million ad featured in the 2000 Superbowl. In a move that can be described as gross negligence, Hummer Winblad didn’t bother to do any independent market research in its push for an IPO. Gayle Warnock, got wind of the decision, he sent a one-line memo to project head Richard Krafve: “We have just lost 200,000 sales.”

Sales 126

Sales IPO Texas Advertising 126

ReadWriteStart

APRIL 26, 2012

There used to be the Four Horsemen of the IPO world, back in the '80s and '90s. They all went away; they got rolled up in 1999 and 2000 into these too-big-to-fail banking operations," Davidson tells us. When they exited the scene, the small IPO market followed suit. Brown & Sons, Montgomery Securities. Number of U.S.

IPO 115

IPO Stock San Francisco Lean 115

Austin Startup

JULY 23, 2010

But even Walmart (the epitome of brick and mortar) changes prices on some items daily, based upon sales and competitive intelligence. The company could be preparing for an IPO. It’s common for even profitable companies to raise a large round in preparation for an IPO. An item’s price is the price.

Balance Sheet 67

Balance Sheet Private Equity LP IPO 67

abovethecrowd.com

JULY 10, 2014

According to this NADA report , total dealership sales (including service) is about $730 billion annually. android ecommerce Internet iphone IPO marketplaces Mobile Payment Regulation Twitter Uber Uncategorized Venture Capital Web/Tech Analysis Errors Sharing Economy TAM UberX' How big is the car-ownership-alternative market?

San Francisco 111

San Francisco San Jose Marketing Technical Review 111

Both Sides of the Table

JANUARY 31, 2011

My SVP of Sales & Marketing quit 30 minutes before an important board meeting. The days of quick flips, quick IPOs and astronomic returns had come to a close. There are many VCs who have been made partner since 2000 and haven’t previously had an exit of their own. Your highs are super high. So here’s the deal.

Entrepreneur 384

Entrepreneur Startup Salary Egypt 384

www.huffingtonpost.com

MAY 10, 2011

Hiring the best developers is essential because a great developer is easily 3 times as productive as an average developer, yet their salaries are usually similar. ­om migrated off Drupal.

CTO 43

CTO CTO Hire PHP Cofounder 43

ReadWriteStart

NOVEMBER 16, 2010

The big enterprise software companies almost all bootstrapped their way to profitability before they got their first external investors (typically via an IPO). In a consumer Web venture, the hustler/sales guy is non-core (a few biz dev deals are important but not core). SaaS reduces your sales cost but also means that VC is needed.

Software 127

Software Startup Architecture Bootstrapping 127

Both Sides of the Table

DECEMBER 13, 2010

Within a year, by late 2000 / early 2001 consulting firms were firing people en masse. On July 27th, 2001 Accenture IPO’s and many of the partners grew fabulously wealthy. During the down market they were able to double down on recruiting, sales, outsourcing, new market entries and marketing (yes, with Tiger ads ).

Turkey 302

Turkey Differentiation IP Technical Review 302

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. They didn’t raise their Series B until they proved some of the initial hypotheses around market adoption and were ready to scale the sales efforts, as described below. Gross Profit. $(60).

Distribution 49

Distribution Lean Massachusetts Cofounder 49

Both Sides of the Table

JANUARY 22, 2011

My SVP of Sales & Marketing quit 30 minutes before an important board meeting. The days of quick flips, quick IPOs and astronomic returns had come to a close. There are many VCs who have been made partner since 2000 and haven’t previously had an exit of their own. Your highs are super high. So here’s the deal.

Entrepreneur 176

Entrepreneur Startup Salary Egypt 176

Duct Tape Marketing

JANUARY 25, 2023

After more than 15 years leading Sales and Marketing teams in the Media & Publishing spaces, he’s developed a unique passion for helping creators become more successful by leveraging books as a catalyst for opportunities and sustainable revenue. Most of your listeners probably know what it is. And so he wanted to publish a book.

Audience 88

Audience Revenue Distribution Differentiation 88

Steve Blank

JUNE 22, 2009

Things Change In 1956 Hewlett Packard (HP) was a 17-year old company with $20 million in test equipment sales with 900 employees. It was still a year away from its IPO. (I’ll show you the memo in a second. But first some background.) Its latest product was an oscilloscope, the HP 150a. It would be nice to hear your thoughts.

Silicon Valley 164

Silicon Valley RSS California Agile 164

online.wsj.com

JULY 11, 2012

In the 1990s Internet boom, easy money helped founders maintain more control early in a companys evolution, but founder CEOs without voting control often got replaced by a professional manager ahead of an IPO. ignited the current trend by adopting a dual-class voting structure before its IPO in 2004. Sales Jobs |. Google Inc.

Silicon Valley 42

Silicon Valley Founder Software Review Technical Review 42

Startup Lessons Learned

SEPTEMBER 8, 2009

Similarly, government purchasing is a frustrating series of hoops, even compared to enterprise sales. Since 2000 we have passed a number of laws and regulations that are killing innovation in the US. All three of the pillars have been under attack since 2000. September 10, 2009 4:37 AM Dale B. Halling said.

DC 90

DC Washington San Francisco SBIR 90

Ben's Blog

MAY 24, 2021

IPO market. There are a number of trends concerning IPOs and capital formation to note: First, the raw number of IPOs has declined significantly: From 1980-2000, the US averaged roughly 300 IPOs per year; from 2001-2016, the average fell to 108 per year. In the first quarter of 2021 alone, SPACs raised $87.9

SEC 36

SEC Accredited Investor IPO Technical Review 36

online.wsj.com

SEPTEMBER 23, 2012

The results were similar when he examined data for companies funded from 2000 to 2010, he says. Less than 1% are currently in IPO registration. Businesses For Sale |. Businesses For Sale |. Businesses For Sale |. He also combed the portfolios of VC firms and talked to people at start-ups, he says. Franchises |.

Venture Capital 107

Venture Capital Software Review Rhode Island North Dakota 107

Scalable Startup

FEBRUARY 1, 2013

And that’s been reflected in the entrepreneurial community, where entrepreneurs, especially between 2000 and 2008, entrepreneurs really only wanted to do — for the most part wanted to do consumer software, because that’s the only software that they could actually get anybody to adopt. So that’s the big, big, big change that’s happened.

Software Review 22

Software Review Startup Venture Capital Stock 22

SoCal CTO

AUGUST 3, 2010

Welcome to the Lost Decade (for Entrepreneurs, IPO’s and VC’s) - Steve Blank , July 15, 2010 If you take funding from a venture capital firm or angel investor and want to build a large, enduring company (rather than sell it to the highest bidder), this isn’t the decade to do it. Here’s an example in a direct sales channel. Here’s why.

Software Review 217

Software Review Startup Venture Capital Technical Review 217

Scalable Startup

MAY 16, 2015

By all accounts, the first one burst in 2000 when the NASDAQ crash brought the first dot-com era to a close. is mostly sanguine, claiming that the market’s standards for viability have increased since the 2000 bust and citing Twitter (revenue but no profit) as the model for the new public tech company. There is no E in the P/E.

San Francisco 20

San Francisco Silicon Valley California Oakland 20