Remove 2001 Remove Distribution Remove Employee Remove Valuation
article thumbnail

Is the Lean Startup Dead?

Steve Blank

NewTV will depend on partners like telcos to distribute the content. Given Verizon just shut down Go90 , its short form content video service, it will be interesting to see if Verizon distributes Katzenberg’s offerings.). With fewer than 10 employees but almost $2-billion dollars in the bank, they plan on jumping right in.

Lean 335
article thumbnail

What Jonah @Peretti, CEO of BuzzFeed, Sees in the Future of Digital Media

Both Sides of the Table

(there’s a great story from Jonah in the video but you have to watch to hear it :)) But it’s undeniable that it has become a digital media powerhouse having raised around $500 million in capital with a valuation reported at $1.7 billion and revenues likely exceeding $250 million (Wikipedia lists 2015 revenue at $167 million).

Media 210
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Can You Trust Any vc's Under 40?

Steve Blank

In theory when you went public, everyone’s shares were now tradable on the stock exchange, but usually the underwriters required a six month “lockup” when company insiders (employees and investors) couldn’t sell. The valuations for acquisitions were nothing like the Internet bubble, but there was a path to liquidity, difficult as it was.

article thumbnail

Current Startup Market Emotional Biases

Feld Thoughts

Also, they have a strong belief that any sign of weakness (such as a down round) will have a catastrophic impact on their culture, hiring process, and ability to retain employees. In 2001 and 2002 I learned a brutal set of lessons, including experiencing that $100 million of paper money going to $0 when Interliant went bankrupt.

article thumbnail

Scaling is Hard, Case Study: Akamai

Seeing Both Sides

Incorporated in 1998 in Cambridge, Massachusetts, the company’s network of over 100,000 globally distributed servers provides an infrastructure layer that accelerates the distribution and delivery of content, media and applications. Founding Akamai. But the second year (2000) was simply astounding: nearly $90 million! Gross Profit. $(60).

article thumbnail

What is an employee retention or M&A carveout plan?

Startup Company Lawyer

In response to the problem of worthless common stock, some companies have implemented employee retention plans, which are also referred to as M&A carveout plans. This was particularly common from 2001 to 2003, after the dot-com crash when companies had raised a large amount of venture financing at high valuations.

article thumbnail

Turing Distinguished Leader Series: With Partner David Zhang, TVC

ReadWriteStart

So this has always been our most significant focus area, whether in 2022, 2021, or 2001. . That’s a valuation number and pricing number. We think of it much more in terms of how many employees does the company have? All the companies we invest in have a similar value alignment, and we call this quality of growth.

Partner 132