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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. During this era, from 2009–2015, most founders I knew were in it for building great & sustainable companies. I find comfort in founders in love with their markets and products and visions — whatever the economic consequences. Until we weren’t.

Valuation 466
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Want to Know How VC’s Calculate Valuation Differently from Founders?

Both Sides of the Table

Due to competitive markets we ended up with a pretty good term sheet until we needed to raise money in April 2001 and then we got completely screwed. Other founders, “as a privately held company we don’t disclose our valuation.&# Me, “dude, I’m not a journalist. Investors own 25%, the founders own 75%.

Valuation 405
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5 Ways Leaders Can Eliminate Stress And Reboot For Change In 2021

YoungUpstarts

by Joel Patterson , the founder of The Vested Group and author of “ The Big Commitment: Solving The Mysteries Of Your ERP Implementation “ As a challenging year winds down, companies are sifting through what worked and what didn’t as they prepare to reboot for 2021 after dealing with the many difficulties brought on by the pandemic.

Vesting 184
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Founder Interview: Jim Elliott – Volunteer to NonProfit Entrepreneur

The Startup Magazine

As a great example, we had a chance to interview, Jim Elliott, Founder and President of Diveheart. Five years later, in 2001, he founded Diveheart, a volunteer-driven organization focused on building confidence and independence in disabled children, adults and veterans through scuba diving. What big-picture problems does it solve?

Founder 158
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7 Attributes of An Entrepreneur's Startup Dream Team

Startup Professionals Musings

Thus the top priority of every entrepreneur who wants funding should be to build and highlight their “dream team” of co-founders, executives and advisers, to attract the biggest and best investors. There is a common belief in the angel and venture capital community that you put your money on the best team, rather than the best idea.

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Is the Lean Startup Dead?

Steve Blank

Jeff Katzenberg has a great track record – head of the studio at Paramount, chairman of Disney Studios, co-founder of DreamWorks and now chairman of NewTV. 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. The result?

Lean 335
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The Changing Venture Landscape

Both Sides of the Table

In 2001 companies IPO’d very quickly if they were working, by 2011 IPOs had slowed down to the point that in 2013 Aileen Lee of Cowboy Ventures astutely called billion-dollar outcomes “unicorns.” They might be ideas they hatch internally (via a Foundry) or a founder who just left SpaceX and raises money to search for an idea.