Both Sides of the Table

SEPTEMBER 18, 2014

At an accelerator … Me: Raising convertible notes as a seed round is one of the biggest disservices our industry has done to entrepreneurs since 2001-2003 when there were “full ratchets” and “multiple liquidation preferences” – the most hostile terms anybody found in term sheets 10 years ago. Your A round?

Venture Capital 417

Venture Capital Liquidation Preference Valuation Term Sheet 417

Up and Running

SEPTEMBER 20, 2017

In 2003, the journey of the podcast began, and by 2007, “The Ricky Gervais Show” made headlines with a record-breaking audience 260,000 listeners. Because they can earn revenue from other sources. The latest member of this elite media club is the humble podcast. But why would somebody with poignant wisdom share it for free?

Entrepreneur 101

Entrepreneur Hosting Community Audio 101

Women Entrepreneurs Can

NOVEMBER 15, 2021

Your business revenue should not only help you get by but should also help you pay off your debt. There are several tips you can use to increase your revenues. Since 2003, he has been a member of the State Bar of California. Generate More Money. One of the most obvious ways to pay off your debt soon is to generate more money.

Sacramento 59

Sacramento California Revenue Finance 59

Agile VC

NOVEMBER 6, 2013

So their revenue figures, pre IPO financing and ownership, and other info is all widely available. If this were a math class, I’d just say the proof is evident but if you want some data on Twitter’s 2013 YTD revenue here you go. From Google Finance. Instagram hadn’t built a true business (e.g.

IPO 194

IPO Aggregator B2B Internet 194

Agile VC

JUNE 17, 2015

We were a profitable company at that point with nearly $200M annualized revenue, one of the first tech companies to IPO after the dot-com bubble. We started working nights and weekends in late 2002 when some of the founding team were wrapping up their prior day jobs and then everybody was full time on LinkedIn by January 2003.

Startup 188

Startup Cofounder Seed Stage Boston 188

Gust

SEPTEMBER 17, 2014

Me: Raising convertible notes as a seed round is one of the biggest disservices our industry has done to entrepreneurs since 2001-2003 when there were “full ratchets” and “multiple liquidation preferences” – the most hostile terms anybody found in term sheets 10 years ago. It’s like we need a finance 101 course for entrepreneurs.

Liquidation Preference 153

Liquidation Preference Valuation Term Sheet Stock 153

reidhoffman.org

NOVEMBER 12, 2013

Friendster was at its height, strongly battling MySpace after raising its premium round from Benchmark and Kleiner in the fall of 2003. we had no revenue. You may happen to emphasize the right points that pique an investor’s interest, but you shouldn’t leave your financing up to chance. Investors see a lot of pitches.

Entrepreneur 111

Entrepreneur Revenue Viral Networking 111

YoungUpstarts

JUNE 28, 2012

chief, came to the rescue in 2003 and helped turn the company around for the better. Revenues have continued to increase every year and investors couldn’t be happier with what brave Mr. Founder Blake Mycoskie created TOMS with the original intention that for every pair of shoes sold, a new pair would go to a child in need.

Bankruptcy 180

Bankruptcy Texas Venture Capital Naming 180

Gust

NOVEMBER 4, 2011

Entrepreneurs and investors who have spent any time dealing with convertible debt seed financing transactions are likely to have encountered the subject of valuation caps. The cap is irrelevant if the next equity financing is at a valuation below the cap amount.) Part of the deal was bringing in a new CEO, Richard Rosenblatt.

Valuation 98

Valuation Pre-Money Valuation Merger Vesting 98

View from Seed

JUNE 17, 2015

We were a profitable company at that point with nearly $200M annualized revenue, one of the first tech companies to IPO after the dot-com bubble. We started working nights and weekends in late 2002 when some of the founding team were wrapping up their prior day jobs and then everybody was full time on LinkedIn by January 2003.

Startup 120

Startup Cofounder Seed Stage Boston 120

Growthink Blog

APRIL 12, 2017

Last year, Tesla sold 72,285 cars, with revenues totaling $7 billion, and in so doing accrued $674 million in losses. In that same time General Motors sold 10 million cars, with revenues totaling $166 billion and in so doing made $9.4 And yes Tesla is young (founded 2003) and General Motors is old (founded 1908).

America 48

America Revenue Technology Cost 48

ConversionXL

APRIL 7, 2020

The first shows were created in late 2003, and the term itself was coined in 2004 by combining “iPod” with “broadcasting.”. Explore a pay-per-conversion affiliate program for referring site traffic that results in listeners, especially if you’re trying to generate revenue from your podcast. Let’s get started. .

Syndicate 85

Syndicate Syndication Hosting Audio 85

Agile VC

JUNE 17, 2015

We were a profitable company at that point with nearly $200M annualized revenue, one of the first tech companies to IPO after the dot-com bubble. We started working nights and weekends in late 2002 when some of the founding team were wrapping up their prior day jobs and then everybody was full time on LinkedIn by January 2003.

Startup 100

Startup Cofounder Seed Stage IPO 100

Ben's Blog

JULY 16, 2013

Perhaps you are caught in the “Series A crunch” or perhaps you are a consumer company and expected that you would be valued on users rather than revenue like the last time. 3/31/2003: 44.6. Financing capital market down round fundraising outkast' But they most certainly are not. How could this be? Aren’t markets rational?

Down Round 78

Down Round Marketing Preferred Stock Post-Money Valuation 78

David Teten

AUGUST 7, 2019

LTV / CAC, revenue growth, etc.) In 2000, LPs invested $104b into 638 funds, but by 2003, LPs’ commitment rate had dropped to just $11b into 161 funds. If the Founder continues to be weak at follow-on financing, that “value trap” can hinder their continued growth. . But VC is historically and consistently cyclical.

Venture Capital 60

Venture Capital Valuation Stock NDA 60

BeyondVC

AUGUST 23, 2006

Back in 2003 when we were deciding whether or not to sell Expertcity (GoToMyPC and GoToMeeting) to Citrix or continue fighting the fight and attempt to take the company public 1 year later, it was quite a gut-wrenching decision. Everyone knows that hindsight is 20/20. million to June 30th this year. million TTM with its latest results).

AJAX 60

AJAX Balance Sheet Vertical Demand 60

www.readwriteweb.com

OCTOBER 7, 2007

Or the founders have taken on a small amount of seed financing, just enough to get them into the market. If our aim was to raise financing and employ these people directly, we’d have burnt through $5-7 million before launch. There are a couple of good reasons a company should consider bootstrapping its market entry.

Bootstrapping 41

Bootstrapping Offshore Startup EC2 41

www.readwriteweb.com

OCTOBER 18, 2010

These are areas that may be gaps in the portfolio of large companies, and are perfect for M&A deals in three to five years after building enough validation and $10-$20 million in revenue. So, please note the TAM Analysis is a vitally important aspect of building any financing strategy.

Marketing 52

Marketing Bootstrapping Incubator Angel Investor 52

www.readwriteweb.com

OCTOBER 18, 2010

These are areas that may be gaps in the portfolio of large companies, and are perfect for M&A deals in three to five years after building enough validation and $10-$20 million in revenue. So, please note the TAM Analysis is a vitally important aspect of building any financing strategy.

Marketing 52

Marketing Bootstrapping Incubator Angel Investor 52

Hearpreneur

JANUARY 7, 2017

For nearly 15 years I had analytical, numbers-driven jobs in finance and banking, working for some of the world’s largest banks. I hit over six figures in my first year in business – and the company revenue has increased annually ever since. Eitan Lev, was born in 2003 with a rare and serious heart defect known as TAPVR.

Entrepreneur 91

Entrepreneur LLC Cofounder Green 91

SVPG

SEPTEMBER 30, 2016

Between working with the co-founders on the strategy, validating concepts with the users, assessing the analytics, driving features and functionality with the team, and working with finance on the new business model, marketing on acquisition, and the warehouse on fulfillment, you can imagine the workload Kate faced on a daily basis.

Product 60

Product Technical Review Software Review Engineer 60

Ben's Blog

JULY 16, 2013

Perhaps you are caught in the “Series A crunch” or perhaps you are a consumer company and expected that you would be valued on users rather than revenue like the last time. 3/31/2003: 44.6 But they most certainly are not. Or maybe you are a lucky enterprise company and are pleasantly surprised—this time. How could this be?

Marketing 46

Marketing Preferred Stock Post-Money Valuation Down Round 46

Bryce Dot VC

SEPTEMBER 28, 2015

What that meant is that six companies a year could achieve a hundred million in revenue or a billion in valuation. So last year Eileen Lee, did this amazing study where she dug into data going back to 2003. First thing we started with was trying to come up with a new type of financing document. Four companies a year matter.

Venture Capital 40

Venture Capital Valuation Los Angeles Chicago 40

Seeing Both Sides

APRIL 21, 2009

Although new financings may pick up a bit in the second half of 209, I would predict that VC funding for 2009-2011 doesn't exceed $20 billion per year and probably stays closer to $15 billion per year. It's worth noting that the last time annual VC funding dipped below $20 billion was in 2003, which saw $19 billion in VC investment.

IPO 22

IPO Stock Revenue Portfolio 22

Both Sides of the Table

MARCH 1, 2011

Around 2003, Quigo was doing tens of millions of dollars in revenue with two main products: a ready-to-use, search engine marketing solution for advertisers called FeedPoint and a contextual advertising platform for publishers called AdSonar. Quigo Lands Overture as Client, Rejects Their Acquisition Offer.

Semantic 302

Semantic Acquisition Valuation Angel Investor 302

crowdSPRING Blog

DECEMBER 13, 2018

But if you want to accelerate growth and improve your revenues and profits, you need to up your game. It is a key factor in the success and prosperity of all businesses and nonprofits, regardless of their revenues. Are you interested in comparing revenues? Your revenue model could provide a frame of reference.

Marketing 162

Marketing Charlotte Naming Design 162

abovethecrowd.com

FEBRUARY 27, 2019

Four years later, in May of 2003, they launched Taobao Marketplace, Alibaba’s answer to eBay. In November of this year, the company announced that it had achieved “substantially” more than $1B in revenue in the third quarter. billion of GSV (gross services revenue) across 2.0

Internet 88

Internet Matching Vertical Hosting 88

Scalable Startup

JULY 19, 2011

Great PR and finance firms, but not many startups. In 2003 Electronic Arts actually moved their headquarters from Silicon Valley to Playa Vista, an crazy move at the time, and accelerated their growth as a result. If you plop your company here, great things could happen. Houses were cheaper, you couldn’t get good engineers, etc.

California 20

California Southern California San Francisco Silicon Valley 20

Startup Lessons Learned

JULY 11, 2019

The first time was just for a couple years, from 2001-2003, before I went to grad school. That meant that if the change was starting on the founders side, then there had to be a change on the financing side. 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

Transformify

JULY 14, 2021

These types of workers are referred to as ‘deemed employees’ by HMRC or “Her Majesty’s Revenue and Customs” If workers are found to come under the regulation of IR35 contractor UK , then they will have to pay both National Insurance Contributions and income tax as if they were employed by that company.

.Net 98

.Net Software Review Employee Revenue 98

Mike Michalowicz

OCTOBER 19, 2015

Prior to starting his own firm in 2003, Seth worked at Biggs & Co., An accounting firm based in Santa Monica, CA, specializing in bankruptcy, from 2001 to 2003. Previously, from 1999 to 2001, Seth was a Senior Revenue Accountant for the Veterinary Centers Of America. CPA’s.

Video 60

Video SEC Bankruptcy Wisconsin 60

Transformify

FEBRUARY 9, 2017

A survey conducted by accounting and finance recruitment specialists Robert Half revealed that 1 in 10 recruits were considered a ‘poor hiring decision’ by their employers, poor odds indeed. Just a month later, ‘’the promising candidate’’ already falls in the ‘’bad hire’’ category.

Cost 53

Cost Hiring Australia China 53

Software By Rob

SEPTEMBER 1, 2011

By generating a steady revenue from consulting projects and sales, the founders were able to spend time growing their business slowly. Today, Litmus has had over 30,000 customers, 1 million+ in revenue, and is growing by around 10% a month. Today, SparkFun has a wide following and boasts over $10 million in revenue.

Bootstrapping 78

Bootstrapping Startup Cofounder Salary 78

VC Cafe

FEBRUARY 1, 2011

in 2010, and for employees in the banking, finance and insurance sectors 64%. Among others, the team was instrumental in the development of the Centrino processor, which changed the company’s strategic roadmap, in 2003, and the Duo Core 2 architecture in 2006. Intel Corporation (Nasdaq: INTC) had revenue of $43.6

Architecture 92

Architecture Dividend Minneapolis 92

mashable.com

JULY 18, 2012

But there’s also the satellite-mapping company Keyhole, which in 2003 became the seed that sprouted Google Maps. Setting a value is always difficult especially when you come across so many companies that are pre-revenue and sometimes pre-monetization strategy. Money and Finance Lists. July 18, 2012 10:26:22. Google Lists.

San Francisco 104

San Francisco Social Media Acquisition Mobile 104

Both Sides of the Table

MAY 7, 2011

Sometime around 2003/04 my technology team turned me on to “Spolsky on Software&# a periodic newsletter served up blog style from Joel Spolsky of FogCreek Software, a maker of bug-tracking software. As an example, Joel says that there is a chief revenue officer who is solely responsible for bringing in revenue to StackExchange.

Software Review 285

Software Review Software St. Louis API 285

YoungUpstarts

APRIL 19, 2013

by Dean Zerbe, alliantgroup National Managing Director, and former Senior Counsel to the Senate Finance Committee. Those federal programs would be made whole by transfers from general revenues. Senate Committee on Finance. When it comes to U.S. Good News for Startups. Dean is a regular contributor to Forbes.com (Dean of Tax).

Small Business 145

Small Business United States Washington Startup 145