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Should You Really be a Startup Entrepreneur?

Both Sides of the Table

It was 2002 – the “dog days&# of the Internet and we were running out of cash. I remember having a merger called off at the last minute and having a planning meeting at a pub to figure out how to run a bankruptcy process (luckily, we never had to do it). Imagine how Flurry felt when Steve Jobs called them out by name.

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Should You Really be a Startup Entrepreneur?

Both Sides of the Table

It was 2002 – the “dog days&# of the Internet and we were running out of cash. I remember having a merger called off at the last minute and having a planning meeting at a pub to figure out how to run a bankruptcy process (luckily, we never had to do it). Imagine how Flurry felt when Steve Jobs called them out by name.

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Thoughts from PC Forum-going into attack mode

BeyondVC

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. What allowed them to do it? What are the challenges they face now?

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No Business Plan Survives First Contact With A Customer – The 5.2 billion dollar mistake.

Steve Blank

But nine months after the first call was made in 1998, Iridium was in Chapter 11 bankruptcy. They made other assumptions about the type of sales channel, partnerships and revenue model they would need. Seven years after it was founded their satellites and ground stations were in place. It was a technical tour de force.

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The Yo-Yo Life of a Tech Entrepreneur – A Cautionary Tale

Both Sides of the Table

I stayed up late every night after a day of meetings doing email until 3am so that I didn’t feel out of touch with our product and sales pipelines. We were weeks from bankruptcy. By the time of my wedding in July 2002 I was super fit. Dinners were consumed with customers or in hotels and often past 10pm.