ConversionXL

MARCH 19, 2020

The best drivers apply the brakes just ahead of the curve (they take out excess costs), turn hard toward the apex of the curve (identify the short list of projects that will form the next business model), and accelerate hard out of the curve (spend and hire before markets have rebounded). Premium-brand market leaders [.] recession in 2009.”.

Marketing 121

Marketing Campaign Non-Compete Lean 121

Both Sides of the Table

JUNE 22, 2011

Ah, but today’s Internet companies have real revenue! Huge structural under-employment in much of the country and full employment in some niche tech markets where it’s impossible to hire developers, designers or sales professionals. I said that at the Founder Showcase, too. and profits! You feel it, too. It’s surreal.

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. You don’t need to buy hardware – there’s Amazon AWS.

LP 311

LP Technical Review Early Stage Silicon Valley 311

OnlyOnce

JUNE 23, 2022

Heated competition AND layoffs and hiring freezes. And yet there are days and circumstances that feel like 2001 or 2009. I was trading emails a few weeks ago Elliot Noss from Tucows about the current state of the economy after being on a panel together about it, and he wrote: The market is fascinating right now. Wait, what?

Europe 62

Europe Stock Revenue Email 62

BeyondVC

JANUARY 3, 2019

In 2019, we’ll be doubling down on this effort as we are hiring a GM for our CXO Advisory Board & Network ( job description here ). The 10 year bull market where every company’s revenue chart is up and to the right is over. Look at 2001 and 2008’s Lehman collapse and Sequoia RIP Good Times deck for lessons learned.

Advisory Board 79

Advisory Board Stealth Cloud Virginia 79

YoungUpstarts

APRIL 26, 2019

Employees often fudge their hours – known as time theft – which could mean a huge loss of revenue for the company. The last federal legislation to address this issue was the Electronic Communications Privacy Act of 1986 , updated in the USA PATRIOT Act of 2001 and subsequent amendments. Time theft is a huge problem for employers.

Software 104

Software Intellectual Property Minnesota New York City 104

Up and Running

DECEMBER 14, 2016

A durable, trendsetting presence in the industry since 2001, the Atlanta-based firm sends over a billion emails per day and is the go-to choice for over 14 million organizations and individuals around the world. Social networks come and go, but people always have an inbox—and they want to be connected with people who bring them value.

Email 60

Email Small Business Marketing Campaign 60

ReadWriteStart

AUGUST 26, 2022

Good CEOs will look inside and say: “Hey, maybe we’ve been hiring a little bit too much during the sugar rush phase of the pandemic, and what does that mean for performance management? Can we squeeze out more from folks that we’ve hired, and are there things that maybe we have completely neglected? Have we become soft?

Partner 132

Partner Cofounder Retention Acquisition 132

Steve Blank

MARCH 18, 2011

The signals are loud and clear : seed and late stage valuations are getting frothy and wacky, and hiring talent in Silicon Valley is the toughest it has been since the dot.com bubble. VC’s worked with entrepreneurs to build profitable and scalable businesses, with increasing revenue and consistent profitability – quarter after quarter.

Internet 334

Internet IPO Silicon Valley Agile 334

Both Sides of the Table

OCTOBER 14, 2015

But like many companies over the past five years it hired aggressively and probably had some degree of straying off of a core strategy and some amount of excess jobs relative to its current revenue forecasts and opportunities. What is your revenue growth rate and what does this imply about your number of months of capital remaining?

Burn Rate 150

Burn Rate San Francisco Private Equity LP 150

Both Sides of the Table

APRIL 27, 2010

My original post was directed at hiring managers. It said that I didn’t believe it was a good idea to hire job hoppers. My view still stands – for many hiring managers a large factor in looking through resumes of somebody who is 30+ and has never worked somewhere for more than 18 months will be the job hopping element.

Venture Capital 285

Venture Capital Hiring Software Review Stock Options 285

K9 Ventures

SEPTEMBER 24, 2009

I hired my TA as my first employee and paid him $12.50 This meant that I had to either show enough revenue, or find investors who would be willing to put money into the company. My second employee signed the H1-B petition on behalf of the company so that I could be hired by my own company!

United States 114

United States Founder India Venture Capital 114

Both Sides of the Table

DECEMBER 13, 2010

Everybody was doing marketing blitzes, over-paying to steal the best staff, pimping out urban offices to the nines , and hiring in a frenzy. Within a year, by late 2000 / early 2001 consulting firms were firing people en masse. On July 27th, 2001 Accenture IPO’s and many of the partners grew fabulously wealthy.

Turkey 302

Turkey Differentiation IP Technical Review 302

Seeing Both Sides

AUGUST 3, 2012

With over $1 billion in revenue, 2000 employees and a market capitalization of over $6 billion, Akamai has become a role model for scalable start-ups. billion in revenue, over $1 billion in gross profit and $500 million in EBITDA. The first year of revenue (1999) was $4 million – a remarkable achievement. Gross Profit. $(60).

Distribution 49

Distribution Lean Cofounder Massachusetts 49

Steve Blank

JULY 11, 2016

We were depending on investor funding, but with $60,000 in revenue no one would fund it. . Especially difficult were the days after the Internet bubble burst: 2001 was a staggering blow to technology. But we were about to burn a $700,000 hole in our bank account in the next 12-months if we didn’t do something.

Silicon Valley 120

Silicon Valley Entrepreneur Cofounder Customer Development 120

Hearpreneur

SEPTEMBER 16, 2020

Hiring an expert or a coach to walk you through this stage can help you minimize the chances of failure although identifying the problem first can be a great way to create a long-lasting strategy. billion in annual revenue. In 1999, Alibaba had to face many failures; for the first three years, the company made zero revenue.

Entrepreneur 104

Entrepreneur China Incubator Philippines 104

Ben's Blog

JUNE 15, 2012

You will create an amazing environment and hire the smartest people to join you. How about taking your company public with $2M in trailing revenue and 340 employees, with a plan to do $75M in revenue the next year? I made it in 2001, widely regarded as the worst time ever for a technology company to go public.

Employee 78

Employee Revenue Technology Hiring 78

37signals.com

DECEMBER 5, 2011

I agree – this reminds me of a friend who was involved in three different IT start-ups, none of which ever turned a dime of revenue. ”), but the original 2001 iPod itself had nothing to do with the internet. 27 Apr 10. Sören Meyer-Eppler. Sure, you could get music from the internet, but not in a legal way.

Product Name 44

Product Name Naming Product Software Review 44

Duct Tape Marketing

JULY 26, 2018

I dropped out of college in 2001, so this would be 17 years in. I know that I need to shore up these weaknesses, and I know that I have challenges with hiring,” whatever it is. What’s the basic revenue play there? I don’t get it. 17, 18 years at Moz? Rand Fishkin: Yeah. Rand Fishkin: Oh, yeah, absolutely.

Silicon Valley 33

Silicon Valley SEO Startup Technical Review 33

Feld Thoughts

APRIL 7, 2017

It’s the summer of 2001. By breakfast in the summer of 2001, the stock was trading under $1 / share. He certainly didn’t have to get up every day and go to the office, which by the summer of 2001 was a real business battle on multiple fronts. The NASDAQ peak is in the rear view mirror. Many Internet companies are struggling.

SEC 148

SEC New York Venture Capital Partner 148

Eric Friedman

AUGUST 18, 2021

From who we hire to the way we go to market, from how we engage with our limited partners to how we engage with founders, it’s all about being very focused on quality and consistency so as to affect strategies to generate meaningful carry for ourselves and our limited partners. Dan Kimerling: I love 2001: a Space Odyssey.

Silicon Valley 88

Silicon Valley Venture Capital Cofounder Africa 88

abovethecrowd.com

FEBRUARY 27, 2019

Founded by Michael Bruno in Paris in 2001, 1stdibs (*) is the world’s largest online marketplace for luxury one-of-a-kind antiques, high-end modern furniture, vintage fashion, jewelry, and fine art. In November of this year, the company announced that it had achieved “substantially” more than $1B in revenue in the third quarter.

Internet 88

Internet Matching Vertical Hosting 88

BeyondVC

MARCH 23, 2004

There were a number of attendees who were here during the past few years and their businesses raised a fair amount of capital and somehow they managed to survive the nuclear winter during the 2001-2002 period. Go after your competition, take some calculated risks, and focus on creating some revenue growth. What allowed them to do it?

Bankruptcy 60

Bankruptcy PR Revenue Advertising 60

Startup Lessons Learned

JULY 11, 2019

The first time was just for a couple years, from 2001-2003, before I went to grad school. How do you not only make money in terms of revenue and revenue growth, but ultimately how do you develop profits and a profit center? Ann will be speaking at this year’s Lean Startup Conference in October about all of this and more.

Founder 68

Founder Lean Venture Capital Cofounder 68

om.co

FEBRUARY 5, 2013

I had been writing GigaOM (the blog) since December 2001, but in 2003, I started working on a piece for Business 2.0 The success of business can be measured through many metrics — page views, revenues, profits, the number of employees, or an exit (either through a private or through a public sale). STARTING IT UP. Back to the top.

Founder 80

Founder Conversion Distribution Silicon Valley 80

Hearpreneur

AUGUST 19, 2015

As I watched the new CEO hire and fire 3 regional VP’s I finally sat him down. In 2001, I came home to find my apartment on fire. Although I had worked for many years before, had a degree and now a post-graduate certificate no one was hiring me. Thanks to Adrian Ridner, Study.com ! #13) 13) Promote Myself.

Entrepreneur 48

Entrepreneur Australia Technical Review Community 48

Software By Rob

SEPTEMBER 1, 2011

In October of 2001, Webster, McCarthy, and Graff decided to do just that and GoldStar was born. By generating a steady revenue from consulting projects and sales, the founders were able to spend time growing their business slowly. Today, Litmus has had over 30,000 customers, 1 million+ in revenue, and is growing by around 10% a month.

Bootstrapping 78

Bootstrapping Startup Cofounder Salary 78

Hearpreneur

JANUARY 22, 2017

Of course we were too young and stupid to actually know how to go about hiring one, so I created my own and called it Eisen Management Group. When I actually started my PR firm in 2001, I had the name and the LLC already, so that’s what I went with, and in 2009 we rebranded to simply be The Eisen Agency.

Naming 48

Naming Entrepreneur LLC Software Review 48

YoungUpstarts

JANUARY 26, 2016

Despite being a bootstrapped company with little revenue, we over-invested in a central New York City office at a rate of 15% rent to revenue. It’s an unconventional approach, but it helps keep the good people we’ve hired onboard, happy and extremely motivated. Hire great people to do boring work.

Software Review 100

Software Review New York City Salary Employee 100

ConversionXL

DECEMBER 9, 2013

Before: For something a little lighter, in February of 2008 Mailchimp hired User Experience designer Aaron Walter and logo designer Jon Hicks to give the MailChimp experience the friendly vibe we’ve come to expect from the brand. Case Study #2 MailChimp Gets A Friendlier Design – Increases customer base by 600% In A Year.

Sales 126

Sales B2B Campaign Video 126

Both Sides of the Table

MAY 7, 2011

It took Joel awhile to realize that “If you’re hiring very bright people, let them do their damn job&#. As an example, Joel says that there is a chief revenue officer who is solely responsible for bringing in revenue to StackExchange. Lesson: Joel had been building a community of readers since 2001.

Software Review 285

Software Review Software St. Louis API 285