Feld Thoughts

DECEMBER 10, 2018

If you lived through the Internet-bubble between 1999 and 2002 you know this cycle well. Out of this mess came several long-term companies and a huge number of pennies on the dollar type acquisitions. And, you know that the companies that survived it were the ones with very strong fundamental businesses (e.g.

DC 112

DC Equity Hosting Valuation 112

ConversionXL

MARCH 19, 2020

In 2002, McKinsey published a study of 1,000 U.S. Orendorff recommends setting up a funnel analysis in reverse to identify the top sales (not just low CPM) opportunities: Cost per acquisition; Cost per unique initiate checkout; Cost per unique add to cart; Cost per click; CPM. What the big studies have shown. Accepting that is key.

Marketing 121

Marketing Campaign Non-Compete Lean 121

Feld Thoughts

JUNE 14, 2014

By the end of 1994 I had a staff job, reporting to the co-chairmen of AmeriData where I travelled all over the US helping with acquisitions and generally causing trouble. The two week trips turned into three week trips and we ultimately bought a house in Homer in 2002. I’d sold my first company, Feld Technologies, in 1993.

Alaska 110

Alaska Colorado Boston Cofounder 110

Startup Professionals Musings

MAY 9, 2016

For example, there once was a social network called Friendster , often credited with starting the social networking boom way back in 2002. You need to nurture non-organic growth partnerships and acquisitions to maximize your valuation. That’s necessary but not sufficient to scale most businesses.

Social Network 120

Social Network Demand Valuation Acquisition 120

Agile VC

SEPTEMBER 30, 2014

When we sold PayPal to eBay in 2002 we had just gone public earlier that year. So all in all, eBay’s acquisition of PayPal was good for PayPal and great for eBay and the two as a combined entity made a lot of sense for a long time. The “smartphone” consisted of Palm Treos and early Blackberries.

Mobile 157

Mobile Acquisition Revenue Management 157

View from Seed

JANUARY 11, 2017

Fortunately we proved skeptics wrong and every one of these strategic investors made a tidy 2.5 – 3x return once PayPal IPO’d in 2002 and then was acquired by eBay later that year. It doesn’t mean it can’t be done, but having say Google as an investor can make it tricky to work with say Apple.

Strategic Investors 120

Strategic Investors Post-Money Valuation Seed Stage Cofounder 120

YoungUpstarts

OCTOBER 9, 2017

Deutser launched his firm in 2002. He is an expert at leveraging culture to drive business performance, and his firm has counseled organizations ranging from the Fortune 100 to nonprofits.

LLC 154

LLC Employee Hiring Global 154

Agile VC

JANUARY 21, 2015

And even acquisitions painted as successes may look very different below the (typically confidential) surface. We went public in 2002 and eBay bought the company later that year for over $1.5 But the reality of tech entrepreneurship is that not everyone is “killing it,” and certainly not all of the time. The Power of Perception .

Cofounder 188

Cofounder Seed Stage Employee PR 188

Both Sides of the Table

JULY 10, 2010

The importance of the conference is that it assembles most of the top privately held early-to-mid-stage technology companies in the country (and some globally) as well as most VC’s, growth equity funds and corporate development departments from large industry players looking at technology acquisitions. This is often in the 5-7% range.

IPO 242

IPO Venture Capital Private Placement Cofounder 242

The Startup Magazine

NOVEMBER 22, 2018

The 600-mark was reached in 2002 as the breakfast revolution got underway as all pubs opened six days a week to serve the first meal of the day. Fast forward a few decades and the business’s first major acquisition took place in the 60s when the Group moved into Yorkshire. John Looker retired in 1929, but the business didn’t falter.

Asia 98

Asia Austin Europe Naming 98

www.inc.com

SEPTEMBER 24, 2011

But with the help of Grahams company, which specializes in creating tech systems for start-ups, Jumpstart grew to more than $50 million in revenue--enough to make it an attractive acquisition for media conglomerate Hachette Filipacchi. In 2002, he stepped gingerly into the work-for-equity arena, with a modest investment in one start-up.

Arizona 40

Arizona Equity Iowa Venture Capital 40

Feld Thoughts

OCTOBER 23, 2016

2002 was the Trough of Disillusionment. 2001 – 2002 was the collapse to the Trough. It’s currently at $42 / share so if I got the splits right, after its collapse in 2001 to a low of around $5 / share it took it 15 years to claw its way back to $42 / share (a 10x from the low, 40% of its high at the peak.).

Merger 70

Merger Stock Internet America 70

Steve Blank

MARCH 31, 2015

In Afghanistan in 2002 U.S. They gave the problem to Colonel Bruce Jette, and 90 days and $750,000 later he had bypassed the existing Army acquisition system and bought existing robots from companies. The REF had permission to shortcut the detailed 100+ page requirements documents used by the defense acquisition process.

Silicon Valley 120

Silicon Valley Afghanistan Iraq Kuwait 120

View from Seed

JANUARY 20, 2015

And even acquisitions painted as successes may look very different below the (typically confidential) surface. We went public in 2002 and eBay bought the company later that year for over $1.5 But the reality of tech entrepreneurship is that not everyone is “killing it,” and certainly not all of the time.

Cofounder 120

Cofounder Startup Employee PR 120

Feld Thoughts

MAY 5, 2016

Between 1996 and 2002 I was co-chairman of Interliant, a company I co-founded with three other people. I was visiting the company post acquisition and wandering down the main hallway with the founder of the company we had just acquired. Your wall is dingy is one of them.

Cofounder 70

Cofounder Founder Equity Acquisition 70

YoungUpstarts

AUGUST 13, 2012

Others, like Def Jam, have been transformed through mergers and acquisitions. Since 2002, Insomnia Cookies has grown into a large corporation, with its headquarters located in New York City and 20 branches in college communities across the country. project.

Intellectual Property 127

Intellectual Property New York City Pennsylvania Cofounder 127

Agile VC

JANUARY 21, 2015

And even acquisitions painted as successes may look very different below the (typically confidential) surface. We went public in 2002 and eBay bought the company later that year for over $1.5 But the reality of tech entrepreneurship is that not everyone is “killing it,” and certainly not all of the time. The Power of Perception .

Cofounder 100

Cofounder Seed Stage Employee PR 100

Software By Rob

SEPTEMBER 29, 2009

My Experience Back in 2002/2003 I spent hours writing a sales letter and emailing it to 15 local design firms, offering my services as an outsourced development staff (I coded in PHP,NET and Java at the time).

Software Review 53

Software Review Developer RSS Software Developers 53

Steve Blank

MAY 29, 2019

Philip Bouchard : You’ve started teaching at Berkeley since 2002, Columbia in 2003 and at Stanford since 2011. They can come from inside the company, outside as acquisitions, universities, etc. Innovators are not entrepreneurs. Building an entrepreneurship ecosystem. How can corporations work more closely with universities?

Incubator 331

Incubator Lean Programming Government 331

Cracking the Code

DECEMBER 11, 2015

When Elon Musk received $200 million from the proceeds of the PayPal acquisition in 2002, he re-invested everything to build the next big thing: $100 million in SpaceX and $100 million in Tesla. . #6 Passion While everyone wants to make money, good VCs look for more in an entrepreneur than the desire to cash out.

San Francisco 48

San Francisco Churn Rate Silicon Valley Engineer 48

YoungUpstarts

OCTOBER 23, 2019

Established in 2002 and operated for the first few years from a small single bedroom at their mother’s home, Justin and Jason Korinek have managed to increase their turnover every year for the last 17 years… they are clearly doing something right! With a turnover of £3.5

Reputation 164

Reputation Technical Review Lead Generation Customer 164

David Teten

JANUARY 10, 2012

He was named among the World’s Top 100 Young Innovators by MIT Technology Review and received the TR100 award in 2002. He also worked in mergers and acquisitions at Veronis, Suhler & Company and Cowles Media Company and held various operations positions at The Black Book. Moderator: Robert Savage, CEO, Track.com.

Technical Review 128

Technical Review Technology North Carolina Switzerland 128

Babbling VC

JUNE 15, 2010

I rode down the whole VC cycle from 2000 to it's doldrums in 2001 and 2002. They were probably praying silently I'd lead to a further investment or acquisition via my position at SAP Ventures. Call it what you will. So now what? Well, the first 10 years couldn't have been better timing-wise.

Venture Capital 53

Venture Capital Acquisition Networking 53

Duct Tape Marketing

SEPTEMBER 29, 2022

7:52] Was there competition that you had to buy up, and/or what type of acquisitions did you feel like you had to make? [9:19] So I started in 2002 and in 2006 we took financing in. What type of acquisitions did you feel like you had to make. [6:06] Was there a moment where you thought this is actually going to work? [7:15]

Founder 82

Founder Chicago Kansas Startup 82

ReadWriteStart

NOVEMBER 16, 2010

You cannot use freemium strategies without this type of user experience (and freemium is the first fundamental change to the cost of customer acquisition). I learned this in the technology nuclear winter in 2002, when a 20% cut in IT budgets meant that no (zero, nada) new projects were approved. That is just lipstick on a pig.

Software 127

Software Startup Architecture Bootstrapping 127

Both Sides of the Table

DECEMBER 5, 2010

The Past (1985-2002). After a few acquisitions they offered many of the services you think about as foundations to social networks today. Next began the era of “spam-based&# networks of which Plaxo (founded in 2002) was the king. What are the big trends that will drive the next phase of social networks? The Present Era.

Social Network 318

Social Network Networking Internet Technical Review 318

Pascal's View

MAY 13, 2011

2002: Sarbanes-Oxley creates more friction for companies that want to go public, but likely much less of a factor than people think, by imposing accounting and compliance costs for small companies that easily exceed $2 million per year. cents or 6.25 In my view, this is a myopic analysis for one simple reason.

Equity 31

Equity Securities and Exchange Commission IPO Marketing 31

Steve Blank

NOVEMBER 25, 2013

These three tools allow startups to focus on the parts of an early stage venture that matter the most: the product, product/market fit, customer acquisition, revenue and cost model, channels and partners. Teams use the Lean Startup toolkit: the Business Model Canvas + Customer Development process + Agile Engineering.

Oakland 326

Oakland Incubator Lean Metrics 326

Spencer Fry

APRIL 17, 2015

While Lynda began offering online classes in 2002, my first taste of online education came from seeing Skillshare grow from it’s founding in 2010 from within the Carbonmade office (shoutout to the Skillshare founder, Mike Karnjanaprakorn). Lynda.com, which sold to LinkedIn on April 9th, 2015 for $1.5b, started and popularized the movement.

New York City 28

New York City Video Internet Cofounder 28

Gust

MAY 24, 2012

In the case of an acquisition, the shares are tendered for cash and/or stock in the acquiring company.). Ordinarily, every share of Common Stock in a public company is identical, carrying one vote per share on matters put to any vote of stockholders.

IPO 159

IPO Equity Common Stock Stock 159

Venture Chronicles

MAY 16, 2012

Lars Dalgaard came to SAP through the Successfactors acquisition and in a very short period of time he has established himself as a disrupter as well as consolidator of power. Dalgaard presented an organizational model of applications around Customers, People, Money, and Suppliers. SAP knows databases.

Database 39

Database Technical Review Cloud Acquisition 39

Hearpreneur

JULY 20, 2018

When we bought the flooded, abandoned building that we’d restore and open as the *Elkhorn Inn* in 2002, we had basically one day to come up with our company name to meet a WV tourism deadline, and so named it for Elkhorn Creek which runs behind the building. Thanks to Devoreaux Walton, Distinct Personal Branding ! #10-

Naming 69

Naming OTC Entrepreneur PPC 69

Agile VC

JUNE 25, 2012

I’m obviously biased, but I still think LinkedIn is an awesome platform today and they continue to innovate, grow, and evolve nearly 10 years after we started the company at the end of 2002. His co-founder/CMO Alex Cote has run customer acquisition programs that have attracted millions of users via a range of channels.

Cofounder 140

Cofounder Stealth Silicon Valley Mobile 140

Both Sides of the Table

JANUARY 31, 2010

By the time of my wedding in July 2002 I was super fit. Except that after the acquisition Salesforce.com required that I commute more than an hour each way from Palo Alto to San Francisco. Then I got engaged to be married in late 2001 and had the motivation to get really serious. I completed this in 3:57 and was on top of the world.

Entrepreneur 308

Entrepreneur Silicon Valley San Diego Non-Compete 308

VC Cafe

FEBRUARY 15, 2012

Five M&A deals exceeded $300 million and one deal – the acquisition of online advertising company MediaMind by DG – surpassed the $500 million mark. M&As and IPOs of Israeli High-Tech Companies $b (2002-2011). The average deal size increased nearly 85 percent to $60 million from $32.5 million in 2010. billion (26) in 2010.

IPO 100

IPO Aggregator Green 100

VC Cafe

OCTOBER 7, 2010

AOL began integrating 5min Media’s video content on its sites through a commercial agreement executed prior to the acquisition. Procter & Gamble and ConTIPI, which was founded in 2002 and is based in Caesarea, have had a distribution agreement since 2007 based on royalties. in August 2010.

United Kingdom 96

United Kingdom Austria Global 96

Agile VC

NOVEMBER 13, 2012

Sarah also points to the vast global wealth that has to get allocated somewhere as well as a small bump in long term average returns, now that the generally terrible performance of funds from the 2000-2002 time frame (after the tech bubble of the late 90s crashed) no longer factor in to 10 year returns.

LP 154

LP Portfolio Venture Capital IRR 154