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Out of the Crisis #13: Alpha Lee on remembering the 2003 SARS epidemic and his opensource COVID-19 Moonshot

Startup Lessons Learned

One of their partners reached out to us after the key paper got published late last year. The main proteinase of SARS-CoV-1 and SARS-CoV-2 shares a 96% similarity, which means that if the world had persisted in discovering a proteinase inhibitor against the 2003 version of SARS, COVID-19 might not even be a pandemic. Alpha Lee : Yeah.

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LinkedIn: The Series A Fundraising Story ? AGILEVC

Agile VC

A lot of people ask me what it was like raising the Series A round for LinkedIn back in 2003. I thought I’d revisit it and share the story… First, you have to rewind mentally to early 2003. Ok, now you have the context for early 2003. He provided our initial seed funding to launch the website publicly on May 5, 2003.

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What Just Happened

Feld Thoughts

My partners have another 50+. 2003 was hard. However, their GM% increased, and their GM$ stayed roughly the same as the prior year. Their EBITDA loss decreased by 50%, and FCF was close to $0 in Q422. I have 14 other stories from the companies in our portfolio that I’m responsible for. Each one is different. But it still sucked.

Valuation 172
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Embrace Losing – It Will Make You Stronger

Both Sides of the Table

I had lost a previous deal where the team said they liked me but didn’t know my partners well enough so I promised myself never to let that happen again. So I organized a team dinner with all four of my partners and all three of their founders. In the 2003/04 timefame I was living in the UK and running my first company.

China 333
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Embrace Losing – It Will Make You Stronger

Both Sides of the Table

I had lost a previous deal where the team said they liked me but didn’t know my partners well enough so I promised myself never to let that happen again. So I organized a team dinner with all four of my partners and all three of their founders. In the 2003/04 timefame I was living in the UK and running my first company.

China 328
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4 Tips To Build A Deep Virtual Bench Of Talent

YoungUpstarts

days in 2001-2003. Instead of visiting colleges, collecting resumes and arranging interviews, the consumer good giant made the jobs known via social media and then partnered with an A.I. Glassdoor reports that since 2009, interview processes have grown from 3.3 days on average in 2016 which is an increase from 19.3

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Put A Coin In It! Invest In Early Stage Startups To See Maximum ROI

YoungUpstarts

Emmanuel de Watteville, General Partner and Co-founder of Blue Ocean Ventures, has been part of the startup ecosystem since 2003. However, making an investment and waiting out the startup’s development and success will prove to be worthwhile, assuming an investor assessed said startup thoroughly.