Revenues grew from $30m in 2002 to $600m in 2004. Annualized first quarter revenues were $890m. On June 27th, a remarkable thing took place in London. PartyGaming.com, an on-line site best known for poker, raised $1.4bn dollars in an IPO. The company's financials tell a remarkable story of growth and profitability. Is this an anomaly? MORE >>

The industry put $100bn to work in 2001 and only ~$20bn in 2002. The trick is to stay lean and not to overfund and overvalue companies where the investment only "works" if it eventually trades at 8x revenue and never needs another round of funding. My first year in venture was 2002. will a recession hurt our companies, perhaps fatally? MORE >>

Well, it just so happens that we’ve fitted Ross’s 2001 Subaru with a flux capacitor, gotten our hands on some plutonium and we’re about to hit eighty eight miles per hour! Focus on revenue from day one. Temptation to focus on growth and worry about revenue later. This guest post is from Andrew Elliott of Lottay. The founders do. MORE >>

Since 2001, companies had sprung up to transport travelers' bags to and from their destinations, reducing the hassle of travel in a post-9/11 world. Maybe customers don't care exactly how much you're charging--they just want to know why. Sometimes customers don't need lower prices—they just need prices they can easily understand. MORE >>

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. Since that date the S&P 500 is up 2.45% while Accenture stock is up 206% with revenue of $23 billion and a market cap of $32 billion. He always was. MORE >>