ConversionXL

MARCH 19, 2020

In 2002, McKinsey published a study of 1,000 U.S. By contrast, Staples closed down some underperforming facilities but increased its workforce by 10% during the recession, mainly to support the high-end product categories and services it introduced. Use that intelligence to inform product portfolio and investment choices.”.

Marketing 121

Marketing Campaign Non-Compete Lean 121

VC Cafe

MAY 26, 2022

But if you dig deeper, one of the reasons startups run out of cash or don’t find product market fit is ineffective teams. The setting is of a generic enterprise tech company, DecisionTech, who despite having more funding, more seasoned executives and a better product, is lagging behind the competition.

Startup 148

Startup Portfolio Restful Revenue 148

Austin Startup

FEBRUARY 28, 2017

Let’s circle back to Latinitas’ first interaction with IBM, back to our start in 2002. It was one of the most personalized and well-tailored in-kind experiences of the agency’s history, and this was just one of the many generous contributions IBM has bestowed upon Latinitas over the years.

El Paso 59

El Paso Arkansas Louisiana Austin 59

Hearpreneur

JANUARY 10, 2018

My father and I started the business back in 2002 with the following dream: “our mission is to support USA families and jobs by producing high-quality clothing, in the USA, at an affordable price. We care about our country and the people in it; if we were only in it for money we would move our production overseas.

Entrepreneur 102

Entrepreneur Detroit Software Review Florida 102

Steve Blank

NOVEMBER 25, 2013

Investors sitting through Incubator or Accelerator demo days have three metrics to judge fledgling startups – 1) great looking product demos, 2) compelling PowerPoint slides, and 3) a world-class team. Rather than a product demo – we believe in a “Learning Demo”. We think we can do better. Startup success is all about the team.

Oakland 329

Oakland Incubator Lean Metrics 329

Berkonomics

APRIL 9, 2020

And these are indeed strange times, especially if you haven’t lived through 2000-2002 and 2007-2008 recessions and difficulty in finding money from banks and investors. With today’s rapid obsolescence, that could be the entire life cycle of the product itself, lost because of being slow to market. The simple economic truth.

Differentiation 62

Differentiation Revenue Cost Operations 62

YoungUpstarts

MARCH 10, 2017

In 2002, Hewlett Packard signed a merger agreement with Compaq that would bring together the computer hardware businesses of the two businesses, each with revenues of over $40 billion. So between 2002 and 2007, Compaq continued to use their logo with little change. HP Merger With Compaq. Old Spice Rebranding.

Merger 124

Merger Campaign PR Software 124

The Startup Magazine

DECEMBER 21, 2018

Preparing your small business for growth requires following some basic product positioning and brand building guidelines: 1. Have a great product/service (which takes time to develop). Why do brands of all sizes assume that certain holidays will “get” their target market to buy a product? It’s the same thing year after year.

Marketing 123

Marketing Entrepreneur Demand Advertising 123

Agile VC

NOVEMBER 9, 2015

There’s been ample coverage in the popular press of course highlighting everything from the company’s revenue growth, lack of profitability, and the well-publicized fact that founder/CEO Jack Dorsey is also CEO of Twitter so would theoretically be running two public companies simultaneously. Revenue Composition. Revenue Growth.

IPO 165

IPO .Net Revenue Acquisition 165

YoungUpstarts

JULY 11, 2018

In addition to the revenue generated from apps themselves, the increased business efficiency powered by apps had a ripple effect on the economy. consumers spent on all products in 2016, and greater than the combined spending of consumers in Britain, France, Germany, Japan and China. 4G: Empowering Mobile Broadband Applications.

South Korea 133

South Korea China SMS Germany 133

Ben's Blog

AUGUST 31, 2020

IN THIS EDITION Fintech products ease more Americans into the stock market In defense of the IPO, and how to improve it What’s inside your (mobile) bank? Though there is no silver bullet, we are seeing a number of promising approaches catalyzed by fintech products. Thanks for signing up. in addition to home ownership.

IPO 36

IPO Stock Software Review API 36

Agile VC

JUNE 17, 2015

I started off as a product manager and while I never actually slept over at the office, there were frequently late nights. On multiple occasions I’d get in to the office in the morning and find our CEO (Elon Musk at the time) asleep on the couch in our little product team lounge from the night before.

Startup 188

Startup Cofounder Seed Stage IPO 188

Guy Nirpaz

DECEMBER 12, 2011

In a successful Client Lifecycle program, the leaders in departments such of Sales, Marketing, Product Management and Client Services all have a role to play at some point. Don’t be afraid to let people know that your whole company has an approach that will make your clients successful with your product & service over the long haul.

Retention 54

Retention Merger Programming Sales 54

Startup Professionals Musings

AUGUST 10, 2011

Once you are able to achieve some real “traction” with your business (paying customers, revenue stream), it may seem the time to relax a bit, but in fact this is the point where many founders start to flounder. The key is to make decisions from data and feedback, once your business has real customers and real products.

Early Stage 246

Early Stage Startup Founder Revenue 246

Board Effect

OCTOBER 5, 2020

To preserve the integrity of nonprofits, the IRS set new rules for nonprofit executive compensation in 2002. Organizations that have complex organizations with multiple funding streams, products to sell, and many layers of staff have the same degree of responsibility and intensity as for-profit executives. Private donations.

New York City 64

New York City Salary Government Warrant 64

Feld Thoughts

AUGUST 25, 2016

By 2002 I realized that what was classically called a rollup strategy was not generally effective, at least not for me. At the essence of the approach is a focus on two things – acquiring people and product. The classically rollup strategy was much more focused on acquiring revenue.

Management 70

Management Acquisition Revenue Technology 70

abovethecrowd.com

OCTOBER 17, 2013

While I am extremely proud of that team’s accomplishments (the parent company recombined Nordstrom.com in 2002 and the direct division now has revenue of over $1.25B and is the fastest growing unit inside of Nordstrom ), I built a healthy respect for the complexities and difficulties of managing women’s fashion inventory.

eCommerce 62

eCommerce Technical Review North America San Francisco 62

View from Seed

JUNE 17, 2015

I started off as a product manager and while I never actually slept over at the office, there were frequently late nights. On multiple occasions I’d get in to the office in the morning and find our CEO (Elon Musk at the time) asleep on the couch in our little product team lounge from the night before.

Startup 120

Startup Cofounder Seed Stage IPO 120

Steve Blank

NOVEMBER 1, 2010

When it was spun out as a a separate company, Iridium’s 1990 business plan had assumptions about potential customers, their problems and the product needed to solve that problem. They made other assumptions about the type of sales channel, partnerships and revenue model they would need. A Business Plan Frozen in Time.

Business Plan 335

Business Plan Customer Business Model Customer Development 335

Startup Professionals Musings

JULY 9, 2010

Once you are able to achieve some real “traction” with your business (paying customers, revenue stream), it may seem the time to relax a bit, but in fact this is the point where many founders start to flounder. Way back in 2002, John Hamm published some early work on this subject in " Why Entrepreneurs Don't Scale."

Founder 228

Founder Early Stage Startup Entrepreneur 228

YoungUpstarts

MARCH 25, 2015

You must have the guts to manage your organization so that it creates the products and services that will allow your company to be successful five to ten years from now. billion in annual revenue. It take real guts to be a leader in today’s turbulent times. Let them feel like they own the business. Your word is your bond.

Merger 100

Merger Leadership Employee Matching 100

Austin Startup

AUGUST 20, 2017

You want to see your product or service performing in the hands of real users. Your Product Plan must fit into context of your overall business mission. I’m never surprised when I see product development driven by engineers proceeding at top speed developing the next cool thing. Some products are very simple to message.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

Agile VC

JUNE 17, 2015

I started off as a product manager and while I never actually slept over at the office, there were frequently late nights. On multiple occasions I’d get in to the office in the morning and find our CEO (Elon Musk at the time) asleep on the couch in our little product team lounge from the night before.

Startup 100

Startup Cofounder Seed Stage IPO 100

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

View from Seed

JANUARY 26, 2016

For now, it’s fine to think about pre-seed rounds as relatively small ($750K or less), early (pre-product), and typically followed by a larger round within 12 months ($1M – $3M). Series A investors invested quite early, often before product/market fit. Creating a hack of a product that demonstrates the likelihood of PMF.

Seed Stage 120

Seed Stage Early Stage Cofounder Finance 120

YoungUpstarts

JUNE 29, 2012

In 1988, Jeffery Hollender founded cleaning, paper, and personal care products company Seventh Generation. The company focuses on producing products that have a reduced environmental impact, avoiding the harsh chemicals that are part of many of today’s leading cleaning and personal care products.

Egypt 250

Egypt Entrepreneur Senegal Africa 250

Agile VC

FEBRUARY 7, 2012

A company that in time can generate $100M+ in revenue and have an enterprise value measured in the hundreds of millions or more (what some VCs refer to as a “venture scale” outcome). Some may end up having more modest outcomes that product a decent return on investment, which we fully understand and are supportive of.

South Korea 124

South Korea Seed Stage Silicon Valley Syndicate 124

YoungUpstarts

OCTOBER 27, 2011

Despite its success and growth as a partnership, Party Pieces has maintained its family business model and Carole continues to be involved in the sourcing and developing of new party products. In 2002, the Glacéau, line of beverages became the top-selling enhanced water brand in America and it raked in $350 million in revenues in 2006.

Southern California 162

Southern California Las Vegas Honolulu Massachusetts 162

Hearpreneur

JANUARY 22, 2017

Hand reared, growing into a cheeky, unique little character, full of personality and attitude… what better name for our product than ‘Oska. The name for my independent film production company, Corner Piece Productions, was inspired by a motif of puzzle pieces in our first feature, West of Her.

Naming 48

Naming Entrepreneur LLC Software Review 48

Cracking the Code

SEPTEMBER 2, 2008

The Deutsche Bank report has a very interesting chart on the topic presenting the Free Cash Flow margins vs. the revenue growth four years post IPO for select software leaders: As you can see, with 20% Free Cash Flow margin and a 50% growth rate, Salesforce is well positioned in the pack! He accidentally funded the CRM product and Netsuite.

Software Review 48

Software Review Software Technical Review Cloud 48

The Next Web

FEBRUARY 25, 2014

It has made and wasted billions of dollars in oil revenues and outside Lagos the country is corrupt and doesn’t even run a Postal service for its people. Now, we have more than 500 employees and we deliver the widest range of products in the country,” said Raphael Afaedor, co-founder of JUMIA, at the time of funding. “We

Nigeria 148

Nigeria Africa Reputation Email 148

www.humbledmba.com

SEPTEMBER 16, 2011

I remember calling up my best friend to tell her I was starting a company but refused to tell her how the product would work. flavor of a question-and-answer, poll-your-friends site with a distant revenue model and no user acquisition strategy. Ran if for two years before we shut it down with almost no revenue achieved.

Stealth 90

Stealth NDA Startup IP 90

Campus Entrepreneurship

JANUARY 18, 2012

From Kevin Kiley of Inside Higher Ed : In inflation-adjusted dollars, total state support for the top 101 public universities declined by 10 percent between 2002 and 2010, with nearly 75 percent receiving cuts. . — sound like its time for the Lean University. Nobody decided they wanted to see it this way.”

Lean 34

Lean Colorado Texas Revenue 34

Up and Running

SEPTEMBER 10, 2012

Facebook didn’t buy the business because the company had no revenues. The vast profits that product produced allowed HP in 2002 to buy Compaq, the leading brand of personal computer at the time. For example, a couple of entrepreneurs from Silicon Valley created a company to develop an iPhone social-media app.

Silicon Valley 96

Silicon Valley Business Plan Stock America 96

ReadWriteStart

NOVEMBER 16, 2010

Being enterprise scale means that your representatives have regular dialogue at CXO or at least VP level with Global 2000 accounts are they are bringing in millions of revenue from those accounts every year. The sailboat startups don't invent a product out of pure imagination. Learn the rule of 3. So VCs will need to invest.

Software 127

Software Startup Architecture Bootstrapping 127

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. It’s very important to explain in detail how this engine is designed and how you can scale while maintaining quality and productivity.

San Francisco 48

San Francisco Churn Rate Silicon Valley Engineer 48

om.co

FEBRUARY 5, 2013

In the early days, my belief was that blogs (or as I called them micro-pubs back in 2002) would grow really fast and it would allow me to aggregate large subsets of audiences around specific niches. Instead, I wanted to focus on what I knew best — product and editorial strategy. And so we built our company. And we evolved.

Founder 80

Founder Conversion Distribution Silicon Valley 80