Hearpreneur

SEPTEMBER 16, 2020

When it launched in 97 it was a DVD rental business whose only real value proposition was the mail-order element of its operation. The founders eventually created custom cereal boxes to raise funds so they could continue to operate. billion in annual revenue. Airbnb now makes $2.5 4- My story with a small military contractor.

Entrepreneur 102

Entrepreneur China Incubator Philippines 102

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. Successful skin care company Ella Baché has been in operation since 1936. This is the route Fog Creek took 15 years ago when we were first starting out.

Software Review 100

Software Review New York City Salary Employee 100

ConversionXL

MARCH 19, 2020

The HBR study contrasts Office Depot and Staples during the 2000 recession: Office Depot cut 6% of its workforce, but it couldn’t reduce operating costs significantly. At the same time, the company contained its operating costs and came out of the recession stronger, bigger, and more profitable than it had been in 1999. Image source ).

Marketing 121

Marketing Campaign Non-Compete Lean 121

Gust

OCTOBER 20, 2011

In 2011, the valuation of pre-revenue, start-up companies is typically in the range of $1.5–$2.5 Angels typically invest in companies operating in industry sectors with which they are familiar. Such comparisons can only be made for companies at the same stage of development, in this case, for pre-revenue startup ventures.

Valuation 146

Valuation Pre-Money Valuation Intellectual Property Technical Review 146

Duct Tape Marketing

JUNE 7, 2023

Over the past two decades, she has led large revenue-producing divisions at businesses ranging from start-ups to the Fortune 500. Tiffani emphasizes the need for a balanced approach to company strategy that involves all stakeholders, including IT, Marketing, Sales, Operations, and HR. with Tiffani Bova. That's right.

Employee 75

Employee Technical Review Advisory Board Sales 75

Feld Thoughts

JUNE 19, 2017

Between the spring of 2000 and the end of 2001, I had the worst, most stressful, and most painful business period of my life. Instead, I, like many of my colleagues (investors, board members, founders, and CEOs), operated in a state of blissful denial until everything blew up. They are both worth reading right now. Or something else?”

Internet 162

Internet Revenue .Net Operations 162

YoungUpstarts

MARCH 29, 2017

A contract nurse claims it’s reduced roughly 20 steps from her daily workflow, and one accountant eliminated 17 filing cabinets from his office—drastically reducing operating expenses and potentiating room to save on commercial rent costs. Founded in 2001, eFileCabinet, Inc.

Management 100

Management Technical Review Albuquerque Security 100

View from Seed

NOVEMBER 7, 2019

Aggregate VC investment in 2009 hits a low of roughly $20B, a figure last seen in 2003 in the wake of the bursting of the dotcom and telecom bubble and 2001 recession. Year over year revenue growth rates are measured in multiples not percentages. VC funding for startups is drying up quickly. Survival is the order of the day.

IPO 202

IPO Early Stage Cofounder B2C 202

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. Huge downturns have a real impact on the revenue line of start-ups and therefore the pressure on valuations. VC’s fund their salaries and operations through management fees, which typically equal 2% per year.

Burn Rate 263

Burn Rate Valuation Pre-Money Valuation Private Equity 263

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

Both Sides of the Table

JUNE 22, 2011

Ah, but today’s Internet companies have real revenue! 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. I said that at the Founder Showcase, too. and profits! Sure, that makes them better companies than those of 12 years ago.

Saudi Arabia 309

Saudi Arabia Valuation IPO Technical Review 309

Steve Blank

SEPTEMBER 14, 2009

Five Quarters of Profitability During the 1980’s and through the mid 1990’s startups going public had to do something that most companies today never heard of – they had to show a track record of increasing revenue and consistent profitability. There was now a public market for companies with no revenue, no profit and big claims.

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

Ben's Blog

JUNE 18, 2011

If we are in a bubble, that is a bit of an odd commentary for a company that grew revenues 83% year-over-year and grew earnings 93% year-over-year. 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.

Technical Review 76

Technical Review Software Review Valuation Internet 76

This is going to be BIG.

MAY 5, 2023

Last August, I passed the point at which I had spent literally half my entire life working in this asset class, having started at the General Motors pension fund doing institutional investments in venture funds and late-stage directs back in February of 2001.

Later Stage 218

Later Stage Venture Capital Term Sheet Limited Partner 218

Agile VC

NOVEMBER 7, 2019

Aggregate VC investment in 2009 hits a low of roughly $20B, a figure last seen in 2003 in the wake of the bursting of the dotcom and telecom bubble and 2001 recession. Year over year revenue growth rates are measured in multiples not percentages. VC funding for startups is drying up quickly. Survival is the order of the day.

IPO 100

IPO Early Stage Cofounder B2C 100

Steve Blank

MARCH 18, 2011

VC’s worked with entrepreneurs to build profitable and scalable businesses, with increasing revenue and consistent profitability – quarter after quarter. There was no repeatable methodology, startups and their VC’s still operated like startups were simply a smaller version of a large company. 1970 – 1995: The Golden Age.

Internet 334

Internet IPO Silicon Valley Agile 334

Startup Lessons Learned

JULY 11, 2019

The first time was just for a couple years, from 2001-2003, before I went to grad school. I was working on putting together dinners with potential female operators who were interested in becoming venture capitalists. 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

Eric Friedman

AUGUST 18, 2021

They talk about] businesses which are not contractually recurring revenue in the parlance of recurring revenue run rates. They conflate flow businesses or they conflate usage-based businesses with contractual, recurring revenue businesses, and so on. On Deciens’ Lean Operation. That scares me. That is not happening.

Silicon Valley 88

Silicon Valley Venture Capital Cofounder Africa 88

Both Sides of the Table

FEBRUARY 12, 2017

billion and revenues likely exceeding $250 million (Wikipedia lists 2015 revenue at $167 million). Around 2001 Jonah was studying at MIT Media Lab and began running experiments in viral stories in an era before smart phones (2007) and before social networks took off (2004–2007) and before YouTube (2005).

Media 210

Media Los Angeles Russia Viral 210

Feld Thoughts

JANUARY 25, 2015

And need money to fund their operations. Imagine being an investor and being approached by a business SaaS company that has raised $5 million, has $100k / month of revenue, has been growing at about 5% per month, and is doing a $10 million round. Ask one of your friends who was a CEO of an Internet company in 2001.).

Finance 70

Finance Bootstrapping Acquisition Revenue 70

ReadWriteStart

AUGUST 26, 2022

So first, we were much more sort of with a high growth rate, and we did not even care about how we got the revenue when we got it. And now we are much more careful about revenue quality revenues. So this has always been our most significant focus area, whether in 2022, 2021, or 2001. . Would you say that? . David Zhang.

Partner 132

Partner Cofounder Retention Acquisition 132

Both Sides of the Table

FEBRUARY 28, 2018

Think about the tension between media companies and cable operators like last year when Viacom threatened to pull Nickelodeon, Comedy Central, MTV, BET, etc. This is an age-old marketplace tension where leverage often determines the value captured. This is true whether it’s physical products or media products. from Charter’s subscribers.

Curation 296

Curation Los Angeles Differentiation Channel 296

BeyondVC

AUGUST 9, 2006

The best plan in my mind is to make sure that any company we invest in has a tremendous market opportunity with a real business model and high operating margins that can eventually generate real cash flow. Sure I have a plan when I invest, but it is impossible to predict the future. The accounting method we are required to use.

Technical Review 60

Technical Review IPO SEC Stock 60

YoungUpstarts

JULY 3, 2017

Offices also steal 30-40% of each of their employees’ productivity per day, shave annual revenues by 15%, and waste anywhere from 15-25% of the space in a leased office. Founded in 2001, eFileCabinet, Inc. To add insult to environmental injury, 68 million trees are cut down each year to fuel these inefficiencies.

Metadata 100

Metadata Security Employee Retention 100

Campus Entrepreneurship

DECEMBER 2, 2010

Notice, this competition is for those who have launched businesses and reaches to alumni since 2001. From the Smith School: Calling all University of Maryland students and recent alumni who own and operate businesses! I attended the finals last year and it was excellent. Companies must be no more than 5 years old.

Maryland 39

Maryland Operations Revenue Search 39

The Next Web

FEBRUARY 25, 2014

Its chaos and insanity melds into a working city that was predicted by the architect Rem Koolhaas (with the Harvard Project on the City) in the 2001 book Mutations when he said that Lagos was a city of the future and one that Western cities would eventually base themselves on. But somehow Lagos works. Slowly overcoming its reputation.

Nigeria 148

Nigeria Africa Reputation Email 148

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 Massachusetts Cofounder 49

Hearpreneur

JANUARY 21, 2018

We knew that we wanted our new consulting firm to focused on improving customers top line revenue growth. At the time of its incorporation (2001), I had seen an article published by the University of Chicago showing that 82 % of CEOs had revenue growth as their #1 objective. Thanks to LaVon Koerner, Revenue Storm ! #5-

Naming 101

Naming Rhode Island Entrepreneur PR 101

Entrepreneurs-Journey.com by Yaro Starak

JUNE 14, 2011

Watching how a large infopreneur business like About.com was run gave precious insights that could be used in building and growing a smaller operation. Ten years later, as I detailed in my book “47 Hearts – How to live your dreams, with passion, purpose and persistence&# , this goal has grown to funding 47 operations every year.

Entrepreneur 90

Entrepreneur Non-Compete Internet Dilution 90

BeyondVC

NOVEMBER 17, 2006

From April 2001 through June 30, 2006, we achieved 21 consecutive quarters of revenue growth. During the years ended March 31, 2004, 2005 and 2006, we achieved positive operating cash flows of $0.3 During the years ended March 31, 2004, 2005 and 2006, we achieved positive operating cash flows of $0.3 million, $0.9

IPO 60

IPO Investment Bankers Demand Revenue 60

Hearpreneur

JANUARY 22, 2017

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. Towards the end, we decided we needed a name that really spoke to what we wanted to do, that being, increasing visibility for companies and driving traffic and revenue.

Naming 48

Naming Entrepreneur LLC Software Review 48

Software By Rob

SEPTEMBER 1, 2011

Saba currently works as the operations manager (Sumo) at AppSumo. 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. Photo by earthlightbooks.

Bootstrapping 78

Bootstrapping Startup Cofounder Salary 78

Duct Tape Marketing

FEBRUARY 13, 2020

That was a huge revenue. Well, I think a stellar example for that business specifically, is the Norway based companies Schibsted, and their head of operations said in the early 90s, he said the internet is perfect for classified ads, classified ads are perfect for the internet. They certainly could have seen it coming.

eCommerce 58

eCommerce Norway Internet Advertising 58

ConversionXL

MARCH 22, 2013

For the first time since 2001, PC sales were lower that they were the previous year. If businesses operating online want to benefit from this trend, they need to optimize the mobile experience for their website visitors. O`Neill monitored conversions, transactions and revenue for three weeks prior to going responsive.

Mobile 115

Mobile Conversion Design Dividend 115