Version One Ventures

OCTOBER 15, 2020

Up until late August, Lightning Labs had capped the channel capacity and payment size for users of their popular implementation of the network to ~$2000 USD and ~$500 respectively to better protect user funds with experimental software. . synthetic stocks or futures) and prediction markets. 3) Exchanges + HFTs.

Networking 168

Networking Global OTC Security 168

Both Sides of the Table

APRIL 20, 2011

Infonautics went public in 1996 and Half.com was sold to eBay in 2000. The Exchange Fund – This allows the entrepreneurs to diversify their founders stock into other portfolio companies stock. Is a completed product necessary to get funding? Mark comments on the importance of being able to ship product.

Pre-Money Valuation 284

Pre-Money Valuation Technical Review Cofounder Cram Down 284

Steve Blank

OCTOBER 24, 2016

After running Microsoft for 25 years, Bill Gates handed the reins of CEO to Steve Ballmer in January 2000. They are hard to do in a company that excels at products. Visionary CEOs are product and business model centric and extremely customer focused. 16 years later it’s just another software company. What’s Missing?

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. They are hard to do in a company that excels at products. Visionary CEOs are product and business model centric and extremely customer focused. 16 years later it’s just another software company. What’s Missing?

Azure 120

Azure Business Model Cloud Artificial Inteligence 120

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. The stock market clearly values companies that can deliver disruptive innovation. This type of innovation creates new products or new services that did not exist before.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

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!). Our product releases took longer to ship than we had hoped. We kept reading about their customer wins, their product releases and their biz dev deals. Product announcements come and go. We were hot.

PR 331

PR Software Review Ireland Germany 331

Up and Running

AUGUST 18, 2014

You’ll be entirely responsible for the future of your company and it will be down to you whether or not you run it for the rest of your life or decide to sell, merge or launch it on the stock market. Your product or service has a huge market. Is a startup business right for you? I’d love to hear from you in the comments below.

Small Business 154

Small Business Exit Strategy Cofounder Angel Investor 154

Mike Michalowicz

FEBRUARY 18, 2021

in February 2000 – part time, with the goal to quit my full-time job within one year. By the end of December, 2000 I had sold over $100,000 in Hunter Douglas shadings, through my company, Custom Blinds for Less, Inc. I started this in business part-time, in 2000, loaded with a prayer and a fully stocked min-van.

Balance Sheet 98

Balance Sheet Design Founder Omaha 98

YoungUpstarts

DECEMBER 5, 2013

Or this: “Apple doesn’t do loyalty because they produce outrageously awesome products.” If you own an Apple product, you know what I’m talking about. In 2000, we launched a loyalty program for a bank in Turkey, Akbank. Stocking up is the traditional way of converting cash into commodities. That was a decade ago.

Programming 150

Programming Turkey Social Media Redemption 150

Austin Startup

DECEMBER 17, 2017

I recall that MSA’s stock increased 5X or thereabouts after our deal, which by no means implies that Peachtree deserved sole credit for all that. Two of them made some major product directional changes based on the founder’s judgment and the feedback he was getting from partners and customers. I got the message. Do the math.

Silicon Valley 48

Silicon Valley Atlanta Software Review Early Stage 48

View from Seed

FEBRUARY 14, 2019

The need for an alternative to our current meat production is becoming more apparent with each passing day. Our oceans are regularly overfished, nearly 90% of the world’s marine fish stocks are now fully exploited , overexploited or depleted. Animal agriculture accounts for more greenhouse gas than the entire transportation industry.

United States 120

United States San Francisco Afghanistan Seattle 120

Both Sides of the Table

JUNE 22, 2011

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. In addition to FOMO it is partly driven by massive increase in valuations for earlier-stage companies who raised money at bit seed prices but who still have product risk.

Saudi Arabia 309

Saudi Arabia Valuation IPO Technical Review 309

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. The professor plotted data and showed us statistically that most people buy stocks when they are booming (e.g. The best MBA class I took was an investment strategy class. overvalued) and sell when the fall precipitously.

Burn Rate 263

Burn Rate Valuation Pre-Money Valuation Private Equity 263

Both Sides of the Table

DECEMBER 5, 2010

The one major thing that Twitter doesn’t seem to have figured out quite yet is that platform thing or at least how to encourage a bunch of 3rd-party developers to build meaningful add-on products. In April of 2000 there were fears that the AOL / Time Warner merger would create a monopoly on the Internet.

Social Network 297

Social Network Networking Internet EC2 297

www.inc.com

SEPTEMBER 24, 2011

Back in 1997, Randy Parker was staring at a blank whiteboard, wondering where hed find the money to hire the employees and consultants he needed to build his new product. "We Before Roving Software could receive its first round of financing from professional investors, in early 1999, he had to put all the stock arrangements in writing.

Fractional CTO 40

Fractional CTO Equity Iowa Technical Cofounder 40

Both Sides of the Table

MAY 23, 2012

There are obvious reasons the industry has had less-than-desirable returns, including: massive over-funding of the sector, huge increases in inexperienced venture capitalists that took a decade to peter out, and the massive correction in the value of the public stock markets that closed many exit opportunities for half a decade.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

www.inc.com

SEPTEMBER 24, 2011

Why Arizona Bay started taking stock from its customers instead of cash. Jumpstart was one of Grahams first clients; it signed on shortly after he founded Arizona Bay, in 2000. During the first Internet boom, companies that provided services to tech start-ups were all too happy to work for stock. The 2011 Top Lists.

Arizona 40

Arizona Equity Iowa Venture Capital 40

Ben's Blog

JUNE 18, 2011

Here is a telling statement from an analyst on Apple’s most recent quarter: Apple’s stock price to earnings ratio has dropped to 16.72. In the last bubble, the S&P hit 44x in January 2000. Secondly, developers are more productive. Ex-cash it’s 13.5. On a forward basis (my estimates) it’s 8.3.

Technical Review 76

Technical Review Software Review Valuation Internet 76

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. Startups needed millions of dollars of funding just to get their first product out the door to customers. August 1995 – March 2000: The Dot.Com Bubble.

Internet 334

Internet IPO Silicon Valley Agile 334

The Equity Kicker

SEPTEMBER 5, 2012

Here’s a definition of drop shipping from the Shopify blog : Drop shipping is a retail method in which you don’t keep products in stock. Instead, you partner with a wholesale supplier that stocks its own inventory – you transfer customer orders and shipment details to them, and they ship the goods directly to the customer.

Stock 104

Stock Acquisition eCommerce .Net 104

www.joelonsoftware.com

MARCH 24, 2010

Joel on Software Fog Creek Compensation by Joel Spolsky Wednesday, August 30, 2000 At Fog Creek Software, the way we make sure that people are paid fairly and rewarded for excellent work is based on a professional ladder. These people sit around thinking "lofty thoughts about markets, products, the competition, and the like.

Software Review 48

Software Review Stock Options Salary Technical Review 48

Feld Thoughts

OCTOBER 23, 2016

. “Analysts expect competing Internet and entertainment companies to seek similar deals in hopes of keeping pace with AOL and Time Warner, and some of those stocks also got a lift Monday. 1/4 on the Nasdaq Stock Market.” 2000 was the Peak of Inflated Expectations. 1995 – 2000 was the climb up to the Peak.

Merger 70

Merger Stock Internet America 70

SVPG

SEPTEMBER 30, 2016

Article: Behind Every Great Product. I titled the paper, “Behind Every Great Product” and it was inspired by the classic Good Product Manager / Bad Product Manager by Ben Horowitz. The paper proved popular and helped many teams to get a better understanding of just what product was all about.

Product 60

Product Technical Review Software Review Engineer 60

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. Support.com — On 2.5m

IPO 240

IPO Flash Bootstrapping Private Equity 240

Agile VC

MAY 26, 2011

Silicon Valley is still emerging from the tech bubble and massive downturn of late 2000-2002. Yes… he was a very successful PayPal exec and previously co-founder & VP Product of SocialNet. Not long after the product launch we began the initial conversations with VCs for a Series A round. link] leehower.

Term Sheet 178

Term Sheet Silicon Valley Technical Review Social Network 178

The Startup Magazine

DECEMBER 19, 2018

Here is more of his story: Describe your product/service in 10 words or less: Problem solving. In 2000, Louisiana gave our five-person company (at that time) a multimillion-dollar contract to implement a mission-critical system. In fact, one of my earliest jobs was rounding up all types of animals to stock the park. Tony Lakier.

Louisiana 113

Louisiana Founder Virgin Islands South Africa 113

The Equity Kicker

FEBRUARY 11, 2013

Then there’s a crash, followed by a recovery and then a long period of productive growth as the new technology is “deployed” throughout other industries as well as society more broadly. Eventually the revolution runs its course and a new technological revolution begins.

Internet 137

Internet eCommerce Stock Search 137

YoungUpstarts

AUGUST 18, 2015

Netflix shares have doubled this year, culminating with a 7 for 1 stock split yesterday. In 2000, three years after Netflix launched DVD rental services, Netflix used customer data and ratings from their movie recommendation system to predict content choices for all Netflix members. Netflix categorizes their products with metadata.

Metadata 100

Metadata Portugal Metrics Spain 100

ConversionXL

JUNE 5, 2014

In a 2000 study found 68% of customers stop doing business with a company due to feeling like the company was indifferent towards them. As much as it opens you up to negative feedback, including the exit survey can provide you with extra insight as to how you can improve your product, your service, or overall offer. image source.

Retention 115

Retention Customer Developer Programming 115

ConversionXL

JUNE 5, 2014

In a 2000 study found 68% of customers stop doing business with a company due to feeling like the company was indifferent towards them. As much as it opens you up to negative feedback, including the exit survey can provide you with extra insight as to how you can improve your product, your service, or overall offer. image source.

Retention 112

Retention Developer Customer Programming 112

Berkonomics

SEPTEMBER 18, 2014

We are not always smart about the market or the product. Great teams are not bound by their original product or marketing plan. Green Dot Corporation was formed by an entrepreneur in the year 2000 to create a product to permit those without credit cards to purchase items on the Internet. Plans don’t often work as devised.

Green 70

Green Stock Internet Web 70

Austin Startup

AUGUST 20, 2017

Between day one and your first confrontations with those issues, particularly if you’ve raised any outside capital, you will have formed a board and stocked it with people you can really get to work on your behalf. You want to see your product or service performing in the hands of real users. Some products are very simple to message.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

ConversionXL

JUNE 5, 2014

In a 2000 study found 68% of customers stop doing business with a company due to feeling like the company was indifferent towards them. As much as it opens you up to negative feedback, including the exit survey can provide you with extra insight as to how you can improve your product, your service, or overall offer. image source.

Retention 105

Retention Customer Developer Programming 105

Startup Company Lawyer

MAY 13, 2009

One proposal would dramatically improve the treatment of “ qualified small business stock &# issued after February 17, 2009. If enacted, this would significantly enhance the tax incentives currently available for qualified small business stock. ELIMINATE CAPITAL GAINS TAXATION ON INVESTMENTS IN SMALL BUSINESS STOCK.

Capital Gains 47

Capital Gains Stock Small Business Redemption 47

ConversionXL

JUNE 5, 2014

In a 2000 study found 68% of customers stop doing business with a company due to feeling like the company was indifferent towards them. As much as it opens you up to negative feedback, including the exit survey can provide you with extra insight as to how you can improve your product, your service, or overall offer. image source.

Retention 98

Retention Customer Developer Programming 98

Both Sides of the Table

JUNE 28, 2011

These two trends had a major impact on the computing industry from 2000-2005 but the effects weren’t yet felt by the VC industry. Platform cloud players like Salesforce.com provide compute resources so that third parties can build applications that integrate with its core product. These are very different.

Venture Capital 334

Venture Capital Software PHP Open Source 334

ReadWriteStart

APRIL 26, 2012

For a technology startup company to launch an initial product and survive long enough to gauge its success, requires two-orders-of-magnitude less money today than at the start of the previous decade. They all went away; they got rolled up in 1999 and 2000 into these too-big-to-fail banking operations," Davidson tells us.

IPO 115

IPO Stock San Francisco Lean 115