Both Sides of the Table

NOVEMBER 29, 2010

We went “nuclear&# and slimmed down to 33 people (yes, I know, still large by today’s standards but this was 2001), raised $10 million and we built a real company. I learned everything I know about startups in these lean years: 2001-2004. Even better if he/she can double as a VP Operations & HR.

Warrant 333

Warrant Germany France Cost 333

Feld Thoughts

JANUARY 25, 2015

“We will never need another financing.” ” “This financing will get us to cash flow breakeven.” ” “This is our last financing before we become profitable.” “This is the last financing we’ll ever need” is the lead in statement.

Finance 70

Finance Bootstrapping Acquisition Revenue 70

Both Sides of the Table

JUNE 22, 2011

Or worse yet they may never get financed. Raise at “ the top end of normal &# but not so high that future financings in a corrected market become impossible. An obvious example is Google who may have gotten less market attention if there would have been 8 well-financed competitors during the 2001-2005 timeframe.

Saudi Arabia 309

Saudi Arabia Valuation IPO Technical Review 309

Both Sides of the Table

JULY 16, 2010

The VC industry grew dramatically as a result of the Internet bubble - Before the Internet bubble the people who invested in VC funds (called LPs or Limited Partners) put about $50 billion into the industry and by 2001 this had grown precipitously to around $250 billion. Nobody understands this better than First Round Capital.

LP 311

LP Technical Review Early Stage Silicon Valley 311

YoungUpstarts

MARCH 10, 2017

Launched in 2001, it is the world’s sixth most popular website regarding overall visitor traffic. We’re all experiencing the rise of a growing number of cloud applications coming through sales, marketing, HR, operations or finance to complement centrally designed, legacy IT apps, such as ERP, data warehousing or CRM.

Government 113

Government Technical Review Asia Japan 113

Both Sides of the Table

AUGUST 24, 2015

I’ve seen friends (and family members) lose much of their savings that way over the years because “Black Swans” happen and in 1987, 2001, 2003 & 2008 (just to name a few from my memory) huge market gyrations caused much financial distress to people seeking short-term gains.

Stock 150

Stock Finance Marketing Valuation 150

ConversionXL

NOVEMBER 27, 2019

The New York Times, January 2001. Finally, in December 2001, came the big reveal: Ginger was the Segway. . As practitioners of high finance,” writes Ron Chernow in The House of Morgan, the Morgans: cultivate a discreet style. Dean Kamen’s code name for the project was “Ginger.” That was all most people knew.

Customer 108

Customer Differentiation West Virginia Campaign 108

ConversionXL

NOVEMBER 27, 2019

The New York Times, January 2001. Finally, in December 2001, came the big reveal: Ginger was the Segway. . As practitioners of high finance,” writes Ron Chernow in The House of Morgan, the Morgans: cultivate a discreet style. Dean Kamen’s code name for the project was “Ginger.” That was all most people knew.

Customer 101

Customer Differentiation West Virginia Campaign 101

Both Sides of the Table

JULY 29, 2010

The A round was done in February 2000 (end of the bull market) and my B round was done in April 2001 (bear market). Most importantly we talked about my good friends at Okta who were financed by Andreesen Horowitz. I explain in the video what happened in my first company (e.g. I eventually needed more money. Check ‘em out!

Venture Capital 282

Venture Capital Term Sheet Valuation Stock Options 282

YoungUpstarts

MARCH 29, 2017

Without mass adoption of document management technology across compliance-centric industries such as finance, accounting, insurance, manufacturing, healthcare, and human resources (industries vital to the lifeblood of the economy) digital data breaches and the un-secureness of paper-dependent processes will persist.

Management 100

Management Technical Review Albuquerque Security 100

VC Adventure

SEPTEMBER 20, 2019

That blog post – which turned into one of my most read posts ever – grew out of a study done by Correlation Ventures showing the distribution of outcomes across over 21,000 financings during the years 2004-2013 as well as some of my own observations. The vast majority (almost 2/3rds) of venture financings fail to return capital.

Marketing 91

Marketing Venture Capital Finance Portfolio 91

Both Sides of the Table

SEPTEMBER 18, 2014

At an accelerator … Me: Raising convertible notes as a seed round is one of the biggest disservices our industry has done to entrepreneurs since 2001-2003 when there were “full ratchets” and “multiple liquidation preferences” – the most hostile terms anybody found in term sheets 10 years ago. Truthfully.

Venture Capital 417

Venture Capital Liquidation Preference Valuation Term Sheet 417

Both Sides of the Table

MAY 19, 2013

Garcetti worked with LegalZoom, ShopZilla, Hulu and others to try and change the tax ordinance to support the emergence of our biggest tech companies in LA city only to be stymied by the head of the office of finance, Antoinette Christovale as outlined in this article. As does the mayor of Austin.

Los Angeles 325

Los Angeles San Francisco LP Austin 325

The Startup Magazine

SEPTEMBER 30, 2019

More people than ever have taken the plunge to go self-employed; the number of self-employed workers has been increasing in the UK since 2001 — and they now account for around 15% of the working population. Think through your finances. Your finances are one of the most important things to get right when you go self-employed.

Finance 84

Finance Portfolio Restful Demand 84

Ben's Blog

MAY 24, 2021

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. 44% 2001-2019 13.7% First, as the below chart shows, IPO pops are not a new phenomenon.

SEC 36

SEC Accredited Investor IPO Technical Review 36

Berkonomics

JUNE 1, 2023

It is the focus for state and federal governments worldwide, many finding ways to reward innovators with tax incentives or investors with tax credits to finance innovative new enterprises. It is not hard to find strands of gold in the carnage left by failed businesses lost when a bubble bursts, such as in 1857, 1902, 1929, 2001 and 2008.

Artificial Inteligence 62

Artificial Inteligence United States Chicago Internet 62

YoungUpstarts

NOVEMBER 4, 2013

Cara Wick started her banking career in 2001. Image credit: Biography.com ]. Image credit: Biography.com ]. Today, she is President of Wick Financial , a strategic marketing firm that helps community banks improve performance. Cara holds a B.A from Williams College and an MBA from the University of Iowa.

Minneapolis 150

Minneapolis Iowa New York City New York 150

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. When venture capitalists scale back investing activities it can be very swift and leave many companies that are in the process of fund raising hung out to dry.

Burn Rate 263

Burn Rate Valuation Pre-Money Valuation Private Equity 263

Feld Thoughts

APRIL 3, 2011

This has been going on for at least a quarter or two, but the velocity of it seems to have picked up with a wave of high priced financings along with large financings for nascent companies. In the tech industry, the great Internet bubble inflated between 1999 and 2000 and deflated (or popped) in 2001.

Entrepreneur 143

Entrepreneur Finance Internet Web 143

K9 Ventures

SEPTEMBER 8, 2015

In late 2000, early 2001 I started my second company to test whether I can build a successful company again. MK : Initial investments are typically around $400,000 to $500,000, typically part of a Pre-Seed round of financing. MK : I attended Carnegie Mellon for my undergraduate and masters. I started my first company when I was 20.

San Francisco 48

San Francisco Early Stage Portfolio Software Engineering 48

Babbling VC

AUGUST 10, 2011

OK, hands up, who's truly surprised by the drop in the stock markets or the postponed tech IPO's or even the upcoming slowdown in venture financing? I am seriously babbling like everyone else did in 2001, 2008 and now again in 2011. No really, who is surprised? If you said yes, stick your head back in the sand. This is nothing new.

Germany 76

Germany Stock IPO Valuation 76

Feld Thoughts

JULY 9, 2013

I’ve worked with Matt since 2001 when I joined Fred Wilson and Greg Sands on the board of Return Path. They decided they wanted to join forces, Fred and I cut a deal over the phone in 5 minutes , and Greg Sands (at Sutter Hill at the time) led a financing round that set a price for the combined company.

Startup 141

Startup Finance Community Founder 141

The Startup Magazine

MAY 4, 2022

The BAT pattern, which got its name from the bat-shaped product, was first identified by Scott Carney in 2001 and is made up of exact features that identify PRZs. The BAT Pattern. With this pattern, a BC retracement action will follow the first leg (XA).

DC 130

DC Forecast Search Naming 130

Hearpreneur

APRIL 19, 2019

To find our domain, and therefore name, I created an excel sheet that had one column of ‘primary’ words like fund, finance, deal etc. I came up with my business name, Kate’s Theatrics at about 9pm April 14, 2001. We also knew that one-word.com domains are either insanely expensive ($1 million+). Thanks to Alex Vale, Fundstack !

Naming 110

Naming Cofounder Wisconsin Entrepreneur 110

Startup Lessons Learned

JUNE 22, 2020

The Economic Antidote to COVID-19 Eric Ries & Ryan Beck In 2001, Apple's revenue fell by 33% in the depths of the dotcom bust. Financing this recovery on those terms would also provide a once in a generation opportunity to transform the shareholder makeup of our public companies. The rest is history.

Silicon Valley 60

Silicon Valley Equity Stock Finance 60

YoungUpstarts

JANUARY 23, 2018

Modern encrypted authentication protocols mean that only authorized employees, clients, or business partners can access the documents that are pertinent to them, meaning finances can only be seen by the financial department, employee info is only seen by the subject or HR, and so on. Founded in 2001, eFileCabinet, Inc.

Security 145

Security Cloud Networking Employee 145

Both Sides of the Table

OCTOBER 19, 2009

I had previously raised VC in 1999, 2000, 2001 and 2005. We will hopefully close on a $2-3 million financing round at some point in January and I can get back to the full time work of running my business. I am very grateful to my friend Zoli Erdos for finding this retro posting for me at web.archive.org.

Venture Capital 274

Venture Capital Term Sheet San Diego Viral 274

Mike Michalowicz

OCTOBER 19, 2015

An accounting firm based in Santa Monica, CA, specializing in bankruptcy, from 2001 to 2003. Previously, from 1999 to 2001, Seth was a Senior Revenue Accountant for the Veterinary Centers Of America. An accounting firm based in Santa Monica, CA, specializing in bankruptcy, from 2001 to 2003.

Video 60

Video SEC Bankruptcy Wisconsin 60

Scalable Startup

AUGUST 26, 2014

Drupal was launched in 2001, and Acquia started in 2007. Red Hat was one of the first of these types of companies bridging open source with big finance, leveraging Linux support into a profitable business, also leveraging the enterprise. Acquia, Inc. They kind of invented this business model.

Founder 42

Founder Los Angeles PHP Open Source 42

Berkonomics

APRIL 20, 2017

It is the focus for state and federal governments worldwide, many finding ways to reward innovators with tax incentives or investors with tax credits to finance innovative new enterprises. It is not hard to find strands of gold in the carnage left by failed businesses lost when a bubble bursts, such as in 1857, 1902, 1929, 2001 and 2008.

Artificial Inteligence 102

Artificial Inteligence United States Chicago Open Source 102

Both Sides of the Table

JUNE 28, 2010

This lasted from about 2001-2004. Venture Financings we Discussed. Founded in Sunnyvale, CA in 2001. When he entered the industry he caught the tail end of the dot com bubble and then was immediately thrust into a 3-year period of “triage&# where VC’s had to deal with problems in portfolio companies.

San Francisco 230

San Francisco Los Angeles Cofounder SMS 230

Ben's Blog

JUNE 18, 2011

In 2001, Stewart Butterfield abandoned plans to build a massively multiplayer online game (MMOG) after costs became too great; he built photo-sharing service Flickr instead. Because Stewart’s programmers are ten times more productive than they were in 2001 due to massive advances in programming language technology.

Technical Review 76

Technical Review Software Review Valuation Internet 76

YoungUpstarts

APRIL 19, 2013

by Dean Zerbe, alliantgroup National Managing Director, and former Senior Counsel to the Senate Finance Committee. Senate Committee on Finance. When it comes to U.S. Good News for Startups. economic growth and job creation, by allowing them to take advantage of the successful Research and Development (R&D) tax credit.

Small Business 145

Small Business United States Washington Startup 145

Feld Thoughts

AUGUST 5, 2011

Today is Finance Friday and post #2 has been drafted by the Finance Friday team from University of Chicago Booth and is waiting for my edits. In 1999, 2000, and 2001 I had a my.yahoo.com page up with a bunch of stocks, including a number of companies I was an investor in, as my home page.

Stock 155

Stock Entrepreneur Chicago Finance 155

The Startup Magazine

NOVEMBER 13, 2018

Belnick founded BizChair.com with $500 in 2001. What have entrepreneurs been up to since then? Well, here is a comprehensive list of 10 of the most successful investors of the last 10 years. Source: Pexels. Sean Belnick. He was 14 years old at the time. He started enjoying success in 2008 when Inc.

Cofounder 142

Cofounder Venture Capital India Valuation 142

Startup Lessons Learned

MAY 1, 2018

In 2001, I moved from Citibank to become the CMO of Morgan Stanley’s brokerage business, where I was tasked with modernizing and reviving the brokerage business there. Can you talk about how you went from finance marketing to the kinds of innovation projects GE started taking on eventually, which was when we first got acquainted?

Southern California 123

Southern California North America Finance Lean 123

ReadWriteStart

NOVEMBER 5, 2019

These results were obtained after the following rounds of financing of more than 1000 technology companies in the United States. Only 46% of these companies were able to raise enough for the second round of financing. Where you can turn when you need financing quickly. Data Says Otherwise. Why do so many companies fail?

Venture Capital 77

Venture Capital Cofounder Finance United States 77