Steve Blank
SEPTEMBER 5, 2018
Tech IPO prices exploded and subsequent trading prices rose to dizzying heights as the stock prices became disconnected from the traditional metrics of revenue and profits. It helped that in the nuclear winter that followed the crash, 2001 – 2004, startups and VCs were extremely risk averse and amenable to new ideas that reduced risk.
Feld Thoughts
JANUARY 2, 2023
Its revenue grew by 30%+. Another company had a revenue decline of 25%. 2001 was a dreadful year for me. 2004 was the beginning of what I now refer to as “the grind,” which ended for me around 2007. Each company is different, and the dynamics of the bubble bursting were not generic. Its EBITDA grew by 30%+.
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Steve Blank
SEPTEMBER 14, 2009
Five Quarters of Profitability During the 1980’s and through the mid 1990’s startups going public had to do something that most companies today never heard of – they had to show a track record of increasing revenue and consistent profitability. There was now a public market for companies with no revenue, no profit and big claims.
This is going to be BIG.
MAY 5, 2023
Last August, I passed the point at which I had spent literally half my entire life working in this asset class, having started at the General Motors pension fund doing institutional investments in venture funds and late-stage directs back in February of 2001. To think, I almost didn’t take that 2004 meeting because it was a NYC-based fund.
Scalable Startup
AUGUST 26, 2014
Drupal was launched in 2001, and Acquia started in 2007. It gained recognition during the 2004 presidential campaign when Howard Dean’s IT director decided to use it as a platform for community and campaigning. Acquia, Inc. Because they are open source. But Drupal has succeeded way beyond it’s original expectations.
The Next Web
FEBRUARY 25, 2014
Its chaos and insanity melds into a working city that was predicted by the architect Rem Koolhaas (with the Harvard Project on the City) in the 2001 book Mutations when he said that Lagos was a city of the future and one that Western cities would eventually base themselves on. But somehow Lagos works. Slowly overcoming its reputation.
BeyondVC
NOVEMBER 25, 2003
for 2004, down from an August 2003 spending survey forecast of 2.3% growth for 2004. The fact that most of my companies are close to budget is a far cry from 2001 and 2002, years plagued by numerous reforecasts of revenue and expense projections.
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