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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

Its revenue grew by 30%+. Another company had a revenue decline of 25%. 2003 was hard. No one will value a company with a GM% of 10% at the same as a company with a GM% of 80% just because they are growing revenue at the same rate. Each company is different, and the dynamics of the bubble bursting were not generic.

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

YoungUpstarts

A concrete monetization strategy, or at the very least a revenue model, gives investors detailed insight into how a startup plans to generate profit once an established network is set into place. Emmanuel de Watteville, General Partner and Co-founder of Blue Ocean Ventures, has been part of the startup ecosystem since 2003.

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How To Pivot Successfully

YoungUpstarts

You need to be able to read the signs from the business and the industry and acknowledge a declining revenue model. Once you’ve accepted that your offering will not accomplish your long-term plan, be open to re-imagining your assets and shifting to a new industry, one that can open up new revenue streams for your new company.

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How Startups Can Use Metrics to Drive Success

Both Sides of the Table

I ran my first marathon in London this way in 2003 raising $3,000 for Parkinson’s disease (and finishing in under 4 hours – my publicly stated goal). Revenue Metrics. Revenue metrics are one of the first things I ask for from the startups in which I invest. I like to think of revenue drivers.

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Can You Trust Any vc's Under 40?

Steve Blank

Five Quarters of Profitability During the 1980’s and through the mid 1990’s startups going public had to do something that most companies today never heard of – they had to show a track record of increasing revenue and consistent profitability. There was now a public market for companies with no revenue, no profit and big claims.

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4 Tips To Build A Deep Virtual Bench Of Talent

YoungUpstarts

days in 2001-2003. Keith leads all marketing activities and has successfully grown revenue and lead volume every quarter. Glassdoor reports that since 2009, interview processes have grown from 3.3 days and data from DHI Hiring Indicators shows that the average job opening remained unfilled for 28.1