Steve Blank

SEPTEMBER 14, 2009

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. My experience of 2001-2004 is very remote from what you are describing. Warning sign? At best. ~ Is 20 years enough?

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

techcrunch.com

SEPTEMBER 2, 2012

From 2004 to 2007, she helped lead Congresswoman Carloyn Maloney’s community outreach and relations efforts in New York City. As a refresher, a convertible note is a loan that automatically converts into equity upon the closing of a Series A round of financing. Leena Rao currently works as a writer for TechCrunch.

Equity 87

Equity San Francisco Technical Review Angel Investor 87

Both Sides of the Table

MAY 24, 2021

This “overnight success” was first financed in 2004. And FWIW, the final of my first four investments, all from this same fund, was, GumGum who recently announced it closed $75 million in financing led by Goldman Sachs. This is true in consumer but it’s also true in enterprise software. The virtue of going long.

Venture Capital 363

Venture Capital LP Valuation Later Stage 363

Feld Thoughts

MARCH 24, 2017

In general, these investments were rarely competitive at the time of their first financing. When Union Square Ventures’ 2004 fund was on fire, Fred and Brad raised their next fund at the same size. If you look at the Founder Collective portfolio , you’ll see many well-recognized companies that they invested in at the very first round.

Founder 75

Founder LP Technical Review Seed Stage 75

View from Seed

APRIL 30, 2019

Google was a one such company when they went public in 2004 and Facebook was too at their 2012 IPO. In finance there’s a concept called an embedded option… in short, beyond the baseline value of a bond or other security you also ascribe an additional bucket of value to something triggered by future events.

IPO 180

IPO B2B B2C Institutional Investors 180

Both Sides of the Table

MARCH 1, 2011

They sold in December 2007, but he started selling Quigo in 2004. So, don’t raise at lowest possible price, but raise at the upper range of ‘rational’ – think to yourself ‘ how am I gonna finance the next 5 years? ’, ‘ how am I gonna show progression so that I don’t lose momentum? ’. Judged his instincts, and felt it was Quigo’s time.

Semantic 302

Semantic Acquisition Valuation Angel Investor 302

Feld Thoughts

JULY 19, 2018

I remember when, in a period of about six months, the ceiling on seed financings vanished. Suddenly every company was raising a seed financing of at least $5m, regardless of the experience of the team. By 2002 investments at the seed level had evaporated (there were almost no seed financings happening).

Early Stage 105

Early Stage Seed Stage Valuation Finance 105

Both Sides of the Table

APRIL 13, 2011

In 2004 / 2005 I was starting to get intrigued with user-generated content. “My initial desire to blog came from something that’s always been my approach to investing – I’m a nerd and I love to play with the technology and part of my approach has really been to understand things both at a user level and at a reasonably deep tentacle level.

Technical Review 288

Technical Review Venture Capital Silicon Valley Software Review 288

Both Sides of the Table

NOVEMBER 29, 2010

I learned everything I know about startups in these lean years: 2001-2004. If you’re business has complicated accounting (like many ad network businesses) and if you’re raised enough money to warrant it – a great VP Finance is worth his/her weight in gold. Even better if he/she can double as a VP Operations & HR.

Warrant 333

Warrant Germany France Cost 333

VC Adventure

SEPTEMBER 20, 2019

That blog post – which turned into one of my most read posts ever – grew out of a study done by Correlation Ventures showing the distribution of outcomes across over 21,000 financings during the years 2004-2013 as well as some of my own observations. And only about 4% produce a return of greater than 10x. Pretty humbling.

Marketing 91

Marketing Venture Capital Finance Portfolio 91

This is going to be BIG.

MAY 9, 2022

Even after the worst period for VC in history—VC funds were back to market in 2004, no more than four years after the crash, right in line with the historical pace to get back at the game of investing. It was super hard to get any kind of financing before, and it will remain so. The incentive is too strong. You should be all good.

Stock 97

Stock Marketing Valuation Later Stage 97

Agile VC

MARCH 13, 2012

While it was still a college-focused SNS, Facebook of course launched in 2004 and there were plenty of other examples of social networking already… Friendster (2002), LinkedIn (2003), MySpace (2003), Orkut (2004). It was filed in 2005 and issued in 2010 which means there was a good deal of prior art around SNS before Yahoo filed.

IP 100

IP IPO Social Network Silicon Valley 100

ReadWriteStart

SEPTEMBER 3, 2010

Through them, entrepreneurs can hook up with R&D resources in universities and companies, and get access to a robust support network that provides opportunities for visibility, growth and financing. The JEI program was created in 2004 and is managed by the Ministry of Research. Next page: The Jeunes Pousses. The Startups.

France 163

France Technical Review Incubator Early Stage 163

Hearpreneur

JUNE 14, 2017

My strength was not in finance, so one of the first things I did was hire someone to handle the books and keep me on a solid financial path, so I could focus on running my business. I started Patch Homes last year as I saw many homeowners who had valuable homes, but had little to no savings or money for their day to day finances.

Entrepreneur 127

Entrepreneur South Africa PR Thailand 127

Duct Tape Marketing

MAY 4, 2022

And that was, you know, 2004, 2005 was, I was realizing that it was no longer about working harder. So, you know, Brian did not need someone to run finance in it cuz he liked finance in it. Whereas I have members of the COO Alliance that two of their core areas that they run are finance in it.

CTO 79

CTO Cofounder Networking Operations 79

allthingsd.com

AUGUST 24, 2012

Looking at 115 financings of tech and life sciences companies, in Q2 the well-known tech-focused law firm saw “up” rounds accounting for 74 percent, while “down” ones were 11 percent. Two big-ticket financings upped the Q2 number, which would have been 70 percent if they were removed. Tagged with: Barry J.

Valuation 45

Valuation Technical Review Silicon Valley Software Review 45

Agile VC

APRIL 30, 2019

Google was a one such company when they went public in 2004 and Facebook was too at their 2012 IPO. In finance there’s a concept called an embedded option… in short, beyond the baseline value of a bond or other security you also ascribe an additional bucket of value to something triggered by future events.

IPO 100

IPO B2B B2C Institutional Investors 100

techcrunch.com

SEPTEMBER 6, 2012

From 2004 to 2007, she helped lead Congresswoman Carloyn Maloney’s community outreach and relations efforts in New York City. In fact, Wilson Sonsini will close financings for startups using Docs for their seed rounds but you must become a client of the firms. Leena Rao currently works as a writer for TechCrunch.

Term Sheet 70

Term Sheet San Francisco Technical Review Seed Stage 70

Mike Michalowicz

OCTOBER 17, 2016

Kieran has over 10 years of experience in the construction industry and joined the electrical contracting family business, Lynch Contracting, part-time in 2004. Kieran now leads the finance, marketing & strategic planning departments of Lynch Contracting providing new-age guidance on significant decisions for the company.

New Jersey 60

New Jersey LLC Leadership Finance 60

Feld Thoughts

FEBRUARY 4, 2013

We led a $7m financing in the leader in digital dog boarding that connects dog owners with approved, reviewed, and insured sitters. Seth and I worked together on ServiceMagic in the 1999 – 2004 time frame (IAC acquired it in 2004 for $180m) so we had a deep understanding of how a heavily metric-based buy/sell marketplace worked.

Seattle 136

Seattle New York Metrics Demand 136

YoungUpstarts

AUGUST 1, 2018

Some real-life examples of this include: Martha Stewart, whose company, Martha Stewart Living Omnimedia, suffered and never fully recovered after she was found guilty in 2004 of charges related to insider trading. Your finances and brand reputation may soar one year, struggle the next, and then make strides again after that.

Social Media 133

Social Media Syndicate Syndication SEO 133

Feld Thoughts

JULY 21, 2014

When I started blogging in 2004, it was all about transparency. And if you want to really understand transparency, look at Rand Fishkin’s epic post on Moz’s $18 Million Venture Financing in 2012. Authenticity has once again become a trendy word. Fred Wilson led the way and I happily followed. Now that’s transparency.

Vesting 148

Vesting Matching Restful Finance 148

Scalable Startup

AUGUST 26, 2014

Red Hat was one of the first of these types of companies bridging open source with big finance, leveraging Linux support into a profitable business, also leveraging the enterprise. It gained recognition during the 2004 presidential campaign when Howard Dean’s IT director decided to use it as a platform for community and campaigning.

Founder 42

Founder Los Angeles PHP Open Source 42

The Equity Kicker

APRIL 8, 2015

The fact that the trend has been going for some time – Google was founded in 1998 and Tesla and Facebook in 2003 and 2004 respectively – suggests that the bubble explanation can’t be the whole story. That said, I think that froth in the late stage financing market has contributed in the last couple of years.

Valuation 60

Valuation Finance Developer Startup 60

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

Hunter Walker

AUGUST 24, 2014

When Google went public in August of 2004 one of the first things I did with my employee grants was sell enough to pay off my student loans. It’s for reasons like these that I support getting startup founders some liquidity during their company’s first few years, perhaps as early as Series A financing when appropriate.

Founder 108

Founder San Francisco Liquidity Event LP 108

YoungUpstarts

APRIL 19, 2013

by Dean Zerbe, alliantgroup National Managing Director, and former Senior Counsel to the Senate Finance Committee. Senate Committee on Finance. When it comes to U.S. Good News for Startups. economic growth and job creation, by allowing them to take advantage of the successful Research and Development (R&D) tax credit.

Small Business 145

Small Business United States Washington Startup 145

View from Seed

JANUARY 26, 2016

There are a number of factors that have contributed to the rise of pre-seed rounds, but the strongest have been the frothy late-stage financing market, coupled with both the scaling-up of some of the early winners in the institutional seed ecosystem and the scaling-down of some larger funds that retrenched after the financial crisis.

Seed Stage 120

Seed Stage Early Stage Cofounder Finance 120

The Startup Magazine

JUNE 24, 2019

TorFX was founded in 2004. World First began in 2004 with its founders’ desire to give customers an alternative to big banks when it comes to money transfers. There are no transfer fees for sending 10,000 AUD to the UK. Also, the transfer time is just one to two days. GBP on their end.

Somalia 85

Somalia Startup Australia Global 85

mashable.com

JUNE 11, 2013

In fact, recent research shows that 75% of startups fail (based on a study of 2,000 startups that received VC funding from 2004 to 2010). Young founders tend to complicate things too much, from structuring partnership agreements, financing, leases, etc. If so, I hate to break it to you, but theres a good chance it will fail.

Cofounder 111

Cofounder Technical Review Startup Software Review 111

YoungUpstarts

NOVEMBER 23, 2011

This also comes off its success in selling off previous SOHO developments – Central, Singapore’s first SOHO development in 2004, as well as The Tennery in Upper Bukit Timah and The Cape located at Amber Road. Far East SOHO intends to attract creative individuals to its new developments and build similar communities.

Singapore 164

Singapore New York City Indonesia Houston 164

This is going to be BIG.

MARCH 15, 2012

He spotted Facebook in 2004 and Spotify in 2009. or would he have been convinced to take a financing round? Companies going for the long ball aren't discovered--they're juiced up to go for the homerun, with financing. Parker made a huge dent in the web as co-founder of Napster, then built Plaxo up to 20 million users.

New York City 111

New York City New York Cofounder Venture Capital 111

ReadWriteStart

NOVEMBER 5, 2019

These results were obtained after the following rounds of financing of more than 1000 technology companies in the United States. Only 46% of these companies were able to raise enough for the second round of financing. Where you can turn when you need financing quickly. No money to continue investing.

Venture Capital 77

Venture Capital Cofounder Finance United States 77

Feld Thoughts

FEBRUARY 3, 2016

So if you are impatient, I encourage you to go look at posts from me, Fred Wilson , and David Hornik from 2004 – 2007 for a taste of what I would characterize of “the re-emergence from winter.” But remember, all of this has happened before, and all of it will happen again. ” The post Is History A Guide In Business?

Finance 70

Finance Founder Community Conversion 70

YoungUpstarts

OCTOBER 23, 2013

Just think about where Nokia might be today if 100 of their best ideas and patents had been spun off as separate companies back in 2004, with Nokia owning 20% of each startup. The entrepreneurs would’ve been free to seek outside financing and if their ideas had taken flight, they’d have stood to make a killing.

Finland 150

Finland Bankruptcy Cofounder Leadership 150

500hats.com

AUGUST 2, 2012

One of the earliest and most well-known of the Micro-VC funds was First Round Capital , founded in 2004 by Josh Kopelman , a former entrepreneur who sold Half.com to eBay in 2000. Many of these now-trendy Micro-VC funds began as individual angel investors who gradually grew up and started small funds (myself included).

Silicon Valley 74

Silicon Valley Early Stage Venture Capital Valuation 74

Both Sides of the Table

JULY 1, 2010

He’s personally led more than 50 financing rounds. Based in Palo Alto and founded in 2004 by PayPal alumni. Offers two products: Palantir Government and Palantir Finance. But the most interesting is that all of his stories involved entrepreneurship. It’s part of what makes him so likable. Total raised: $22mm.

San Francisco 248

San Francisco Venture Capital Analytics Government 248