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Can You Trust Any vc's Under 40?

Steve Blank

3) invest in and take equity stakes in exchange for capital. What this meant for entrepreneurs and VCs was a bit more complex– the IPO market was all but closed (with the Google IPO in 2004 as a brilliant exception), but it was possible find a buyer for your company. Each VC firm/partner has a different spin on what to weigh more.)

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Summer in the City: Why there's no other place I'd rather be than New York

This is going to be BIG.

Racial equity protests campaigned hard for change in how policing is done. Union Square Ventures raised its first fund in NYC in 2004 and it wouldn’t see the first local IPO from that fund, Etsy, until 2015. Moreover than just becoming more outdoorsy, however, New Yorkers showed that they cared for each other.

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Master of Customer Acquisition, Matt Coffin, On Startups …

Both Sides of the Table

He tells the story of how he was out of cash, stressed out, nobody in LA or Silicon Valley would give him money, he had finally found an investor in Minneapolis but his venture bank was going to shut him down for breaking a “covenant&# in their agreement by not having enough cash in the bank.

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Cliff Notes S-1: Kayak ? AGILEVC

Agile VC

Founding Date: 2004. Obviously most of these employees are working hard primarily for equity upside compensation, but Kayak’s personnel costs are roughly $200K/head so the company is highly productive on a per employee basis. round closed in June 2004. 1.65M extension round closed Nov 2004. Series A Preferred.

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I Just Got Paid For Work I Did 20 Years Ago.

Hunter Walker

And when that company was acquired in late 2020 by another private party, my stock purchased in 2004 turned into cash. And I achieved ‘ Silicon Valley Middle Class ’ wealth status. A career in technology is a very good path to financial stability and stock equity has been a meaningful contributor to that for me and many others.

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Startup venture and alumni funds

VC Cafe

Slack Fund (founded 2009) – with a market cap of $12 billion, Slack Fund is an $80 million fund, investing dollars for equity to startups developing on the Slack platform. The fund invests in equity and provides grants. Silicon Valley has long been a fan of “Startup Mafias” Perhaps the most famous web 1.0

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Should Founders Be Allowed to Take Money off the Table?

Both Sides of the Table

Ironically our business started to perform very will by 2004 but by then management had lost the dream of a huge upside. I’m assuming this in Silicon Valley, LA or similar locations. I took money with a 3x participating preferred liquidation preference with 8% compounded interest annually.

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