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Praying to the God of Valuation

Both Sides of the Table

2001–2007: THE BUILDING YEARS The dot com bubble had burst. We had nascent revenues, ridiculous cost structures and unrealistic valuations. I learned to avoid unnecessary conferences, avoid non-essential costs and strive for at least a neutral EBITDA if for no other reason than nobody was interested in giving us any more money.

Valuation 466
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Understanding How New Enterprise Software Is Licensed And Deployed

YoungUpstarts

Typically, this results in more flexibility and less upfront cash for Subscription licenses, while Perpetual licenses have lower cost advantages for long-term use. How your users are licensed and the method of deployment, along with ongoing costs for the software, will have dramatic differences across the spectrum of variations.

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Be Careful not to be Penny Wise, Pound Foolish

Both Sides of the Table

.&# I took it to mean, “making decisions with small amounts of money (pennies) that end up making bad sense for affecting larger amounts of money (pounds, as in Great British Pounds).&# I thought of it as people who cut corners on small costs but paid dearly in terms of lost productivity on expensive staff.

Warrant 333
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Why The Future Of US High-Tech Is Bright

YoungUpstarts

Is the entire sector destined to a sudden and quick demise, similar to the dot-com bust of 2001, with widespread stock market collapses and mass layoffs? Yet once the software is coded, it can be reproduced millions of times at virtually no cost. These costs are largely fixed.

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Is the Lean Startup Dead?

Steve Blank

And if their initial guesses were wrong, they needed a process that would permit them to change early on in the product development process when the cost of changes was small – the famed “pivot”. They needed to be sure that what they were building was what customers wanted and needed. The result? Carpe Diem – Seize the Cash.

Lean 335
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From Side Hustle to Business — How to Determine When the Time is Right

Up and Running

At times, you’ll even have to go through painful cost-cutting exercises. Amazon, the world’s largest online retailer, didn’t turn a profit until 2001, seven years after it was founded. You have to resist the temptation to dip into reserves of money you can’t afford to spend. You have to have concrete confidence in every move you make.

.Net 123
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Ecommerce: How to Survive its Troughs

ReadWriteStart

The rise of ecommerce started in 2001 – during the growth of the commercial availability of the internet in households. To be able to pick up on cost-effective sales , it’s essential to understand why and how ecommerce has become a success story. The Rise of Ecommerce. The Ecommerce Traps and Potholes.

eCommerce 152