Remove 2001 Remove IP Remove Partner Remove Technical Review
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In a Strong Wind Even Turkeys Can Fly

Both Sides of the Table

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. The size of magazines seems to be expanding, marketing seems to be up and the number of tech announcements per day is dizzying.

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One More Time: No NDAs

dashes.com

Its great that were in such a fertile phase for the tech industry that lots of people have new ideas, and Im very flattered that people value my input or ideas enough to want to share their projects with me. I have to pay a lawyer to review a document without having any idea why Im making that investment. But signing an NDA ?

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Time is the Enemy of All Deals

Both Sides of the Table

We were trying to optimize around a few criteria: price, size of round, number of syndicate partners and, of course, terms. We moved into the legal process and final due diligence in January and February of 2000. I lived through this again September 2001. We ended up agreeing a term sheet for $16.5 Yes, this was stupid.

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The Long-Term Value of Loyalty

Both Sides of the Table

Most of what I learned about operating startups I learned from the really tough years at my first company from 2001-2003. My company had raised venture capital in April 2001 but we were told that there may never be any more coming. I learned how to do a pipeline review with sales people without getting bullshitted to.

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CEO Friday: Why we don’t hire.NET programmers

blog.expensify.com

Guess which technology we have the least trouble with. You have a CEO that clearly hasn’t taken the time to understand a technology platform. who forms technology biases based on old Visual Basic stereotypes or shallow interpretations of. ability based on one of many technologies. March 25, 2011 at 1:36 pm.

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